Author: NBTC

American Bitcoin (NASDAQ: ABTC) shares have risen after filings showed board director Justin Mateen spent about $1.9 million buying its stock. Despite being more than 95% down from its high, American Bitcoin stock experienced a 10% increase over a 24-hour period. What is American Bitcoin currently trading at? Following the purchase of $1.9 million worth of American Bitcoin stocks by Justin Mateen, ABTC shot up by as much as 10% during today’s session, climbing from Friday’s close of $6.47 to its current $7.11 price. Mateen, who co-founded the dating app Tinder and has sat on American Bitcoin’s board since March…

Coinbase’s announced Aug. 17 cutoff for $USDC deposits and withdrawals on Noble had passed, but Circle’s public Noble guide was still telling users to use Coinbase and select Noble as the network as of press time Aug. 18. Coinbase’s July 15 notice did not specify a clock time or timezone for the cutoff. It warned users not to send $USDC to Coinbase’s Noble deposit addresses after Aug. 17 because those funds may not be recoverable. The warning identifies a transfer risk, not evidence that users have already lost funds. Coinbase named Ethereum, Base, Solana, Arbitrum, Optimism, and Polygon as other…

Binance will remove seven spot trading pairs on August 21, 2026, at 03:00 UTC. The affected pairs correspond to F/$USDC, HIVE/$USDC, ILV/$USDC, $LTC/$BNB, $NMR/$USDC, STEEM/$USDC, and $SUI/$BNB. The termination of trading bot services linked to these pairs will take place simultaneously. Next Friday, August 21, at 03:00 UTC, Binance will delist 7 spot trading pairs. The measure will impact combinations related to assets such as Sui ($SUI), USD Coin ($USDC), Litecoin ($LTC), and Binance Coin ($BNB). The exchange’s delisting decision stems from routine market evaluation procedures. Its official statement indicates that removing specific pairs is driven by operational factors such…

In a recent social media post, Bitcoin nemesis Peter Schiff predicted that Strategy’s Bitcoin yield will end up being negative this year. This comes after the company’s stock surged by as much as 7% earlier this morning due to the company strengthening its dollar reserve. “Extra corporate risk” Strategy previously claimed that it could raise capital, purchase more Bitcoin, and increase the amount of $BTC backing each share (Bitcoin yield). Shareholders were promised that they could increase their $BTC exposure without actually buying more of the flagship cryptocurrency. However, as aptly noted by Schiff, the very mechanism that made Strategy…

The People’s Bank of China (PBOC) said it will “steadily develop” the digital yuan over the next five years. The e-CNY is now listed as one of the central bank’s core tasks in a recently published reform blueprint. What provisions has China made for the development of its digital yuan? The People’s Bank of China (PBOC) has published what it calls its “15th Five-Year” reform and development plan alongside nine separate action plans covering narrower policy areas. Monetary policy, macroprudential supervision, financing for the real economy, and higher-level opening of China’s financial system all get their own sections in these…

The latest treasury burn of $35.7 million in $RLUSD tokens on the $XRP Ledger (XRPL) has officially marked an anomalous monthly trend for the asset. Over the past 30 days, Ripple aggressively issued $449.3 million worth of its dollar-backed stablecoin directly on its native blockchain infrastructure. However, due to the high intensity of sudden redemptions by institutional clients, the cumulative volume of tokens burned over this exact same period rapidly reached $448.9 million, ultimately putting the final burn rate at a staggering 99%. This specific dynamic effectively reduced actual net supply growth on XRPL to near-zero and clearly exposed a…

“The midterms come at a key inflection point for crypto policy in Washington, D.C.,” said Mason Lynaugh, executive director of Stand With Crypto, in a statement. “As candidates from both parties are trying to reach voters outside of more traditional constituencies, they overlook crypto voters at their own peril.” The list includes many others who are members of the committees that are likely to see crypto action in the next Congress, including the tax-oriented Ways and Means Committee, and the panels on financial services and agriculture. And it also gives nods to lawmakers who have directly pitched in on crypto…

Blockchain tracking service Whale Alert reported a transfer of 200,000,000 $USDT — valued at approximately $200 million — from an unknown wallet to Binance, one of the world’s largest cryptocurrency exchanges. The transaction, recorded on the Tron network, was flagged by Whale Alert’s automated monitoring system, which tracks large cryptocurrency movements across major blockchains. Understanding the Whale Movement Large stablecoin transfers to exchanges often attract attention because they can signal impending trading activity. When substantial amounts of $USDT move into a centralized exchange, it may indicate that a whale — an individual or entity holding a significant amount of cryptocurrency…

Bitcoin ($BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green. Key points: Bitcoin approached new local highs with the start of the week’s first US trading session. Stocks also opened higher amid relief over a hiatus in the US-Iran war and potential progress on reopening the Strait of Hormuz. $BTC price action defended two daily moving averages on Sunday’s weekly close. Bitcoin follows stocks higher as Iran news offers risk-asset tailwind Data from TradingView showed $BTC/USD spiking to near $66,000 as markets reacted to a pause in strikes between the…

Crypto payment card spending shot up to $759 million in July, about 2.5 times the level a year earlier. $USDC, backed by dollars, now accounts for 58% of that volume, according to figures cited by a16z crypto. Dollar stablecoins displace euros in under two years Cardholders made ~9 million purchases in July, compared with about 5.2 million in the same month last year. That works out to an average purchase of ~$86. These cards allow holders to spend stablecoins anywhere a traditional card is accepted. At checkout, the crypto is converted into local currency, and the merchant receives an ordinary…