Author: NBTC

The crypto industry’s chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up on a point about stablecoin yield that has little to do with the bill’s central aim to regulate U.S. crypto markets. It’s still a sticking point as bankers fired the latest volley to claim the industry’s reward programs are a danger to bank deposits. In response to a recent White House economists report that the banks have little to fear from the rise of stablecoins, the American Bankers Association contends that the Council of Economic Advisers was analyzing the wrong…

CleanSpark (Nasdaq: CLSK) revealed the sentiment for the AI narrative, as well as investor attitudes to mining and $BTC treasuries. CLSK has the biggest share of open interest among $BTC mining stocks. CleakSpark (Nasdaq: CLSK) reveals short open interest at 34.89% of the free float, with 4.71 days to cover. This is the biggest share of stocks to be shorted among all $BTC treasury companies. Currently, Strategy (MSTR) has the biggest dollar value of shorted shares, but CleanSpark gauges the sentiment for multiple narratives. CLSK traded at $11.42, up from $8.18 at the end of March. Currently, CLSK is in…

SentismAI, a well-known crypto intelligence platform that uses AI, has partnered with Claw Intelligence, an AI-driven on-chain trading entity. The collaboration is set to integrate AI-driven insights with streamlined on-chain execution. As SentismAI pointed out in its official social media announcement, the development focuses on letting consumers interact with complicated datasets, making raw information noteworthy trading signals. So, this effort is a key step to fill the gap between execution and market analysis, strengthening traders with real-time opportunities. We’re excited to announce a new partnership with @ClawIntelli. 🤝Claw Intelligence is building a one-stop on-chain intelligence and trade execution workspace on…

The US Securities and Exchange Commission (SEC), which abandoned its negative stance towards cryptocurrencies under Donald Trump, stated that cryptocurrency trading services may be exempt from brokerage registration under certain conditions. The SEC’s Office of Transactions and Markets is exempting some DeFi platforms from the brokerage registration requirement. According to Chinese cryptocurrency journalist Wu Blockchain, the SEC’s Division of Trade and Markets has released guidance exempting certain DeFi protocols and non-custodial wallets from brokerage registration requirements. According to the SEC’s new guidance, user interfaces such as websites and mobile applications that support blockchain-based trading do not need to be registered…

Alcoa Corp, one of the largest aluminium producers in the United States, is close to selling another former smelter site to a Bitcoin (BTC) miner, as dormant industrial assets draw interest from data infrastructure operators. Alcoa CEO Bill Oplinger told Bloomberg in an interview that the company was nearing an agreement with digital asset firm NYDIG for the Massena East site in upstate New York, with the deal expected to close by mid-year. The proposed transaction would be another example of closed smelters being repurposed for energy-intensive uses. In February, Century Aluminum sold its Hawesville facility in Kentucky to TeraWulf,…

Societe Generale-FORGE, the digital asset arm of French banking giant Societe Generale, has integrated its Markets in Crypto Assets Regulation (MiCA)-compliant USD CoinVertible (USDCV) stablecoin into MetaMask, giving the wallet’s millions of users access to a regulated dollar token issued by a major European bank. The company said in a release on Wednesday that under the partnership with Consensys, USDCV will be surfaced in MetaMask on mobile and web and made available for functions including trading, decentralized finance interaction and fiat on-ramping, with Transak serving as the on-ramp provider. The integration would expand access to one of Europe’s few bank-issued…

Bitcoin ($BTC) and altcoins have experienced significant gains in recent days. The price of $BTC rose above $76,000, while Ethereum ($ETH), the largest altcoin, tested levels above $2,400. While $ETH has attracted attention with its 17% increase since March 29th, the on-chain analytics platform Santiment reveals an interesting dynamic in the Ethereum market with its latest data. At this point, Santiment notes that there has been recent selling pressure on $ETH, but these sell-offs are a bullish signal. Santiment’s latest analysis indicates that investors holding less than 0.01 $ETH have sold a total of 1,791 $ETH, worth $4.16 million, over…

The White House’s main crypto adviser, Patrick Witt, said that work is still being done to lock in the compromise that he thinks will move the Digital Asset Market Clarity Act forward in the U.S. Senate, though he said several other points are also being worked out behind the scenes. In an interview on CoinDesk TV Monday, the executive director of the President’s Council of Advisors for Digital Assets suggested Monday that the common ground that key senators from both parties said they’d secured on stablecoin yield seems to be intact.”We’re hopeful that the compromise that has been reached will…

Ether.fi, the largest non-custodial crypto card by spend volume, has officially gone live on OP Mainnet — bringing with it $220 million in total value locked, 300,000 accounts, and 70,000 active cards. — The migration marks the single largest TVL event in OP Mainnet history and was completed in just three days with zero downtime. The move positions OP Mainnet as the long-term infrastructure home for one of crypto’s most active consumer fintech products, with Gold Vaults and a Euro card already on the roadmap. Three Days, Zero Downtime The full migration was executed over three days, during which all…

Ethereum price falls to $2,325 on profit-taking after rising to $2,416. The repeated rejection at $2,360–$2,400 resistance weakens the overall momentum. Breaking below the key support at $2,312 could send $ETH toward $2,173. After a rally that pushed Ethereum close to $2,416, things quickly changed, and now $ETH sits around $2,325. This sharp drop near $2,400 tells us a lot about where Ethereum’s headed next, at least for now. Pushback at $2,416 resistance Ethereum ($ETH) initially surged about 10% in a sharp move that triggered liquidations and brought renewed attention to the token. After reaching around $2,416, momentum slowed, and…