Author: NBTC

The Institute of International Finance (IIF), a major voice in global finance policy, recently acknowledged Ripple and XRP as viable alternatives for cross-border payments. This recognition appeared in the IIF’s response to the Bank for International Settlements (BIS) consultation through its Committee on Payments and Market Infrastructures (CPMI), under the G20’s roadmap to modernize and enhance global payments. WrathofKahneman (WOK), a well-known commentator within the XRP community, called attention to this recognition in a recent post. WOK noted that while the paper acknowledged Ripple’s blockchain-based model using XRP, it did not reference RLUSD, Ripple’s newly launched stablecoin, despite mentioning other…

With Bitcoin reaching an all-time high, all eyes are on regulations coming out of Washington. White House Artificial Intelligence and Cryptocurrency Advisor David Sacks participated in CNBC’s “Closing Bell Overtime” program and made important statements about both artificial intelligence regulations and the stablecoin bill. Sacks, who touched on the subject of artificial intelligence and chip export controls, said that while they stand behind the chip export restrictions to China, those controls for the rest of the world should be reconsidered. “When America competes, it wins. We don’t want advanced semiconductors to end up in China, but we should support other…

Pakistan’s government has moved to allocate 2,000 megawatts (MW) of electricity in the first phase of a national plan to support Bitcoin mining and artificial intelligence (AI) data centers. According to Pakistan’s Finance Minister, Muhammad Aurangzeb, this is the country’s first significant step towards becoming a digital economy. He said, “This allocation of power is not just about crypto or AI—it’s about shaping a digital future for the country.” The minister added that excess electricity could now be used as a “source of national income.” A Finance Division statement mentioned that the initiative, backed by PCC (Pakistan Crypto Council), a…

Large-scale transactions made by whales and institutional investors in the cryptocurrency market today attracted attention. Here are the prominent transactions of the day: On April 27, a mystery whale purchased 30,000 Ethereum (ETH) via over-the-counter transactions for a total of $54.9 million at $1,830. The same whale also purchased 600 Bitcoin (BTC), paying $56.94 million for the transaction. Just three hours ago, the same whale sold 30,000 ETH at $2,621, making $78.63 million and a net profit of $23.73 million. The remaining 600 BTC are still unsold, currently worth $66.5 million and currently showing a profit of $9.6 million. DWF…

Summer Mersinger, a member of the U.S. Commodity Futures Trading Commission (CFTC), has made a surprising decision to leave the institution, despite having years left on her term. Mersinger announced that he will be moving to a new role at the Blockchain Association in order to continue to play an active role in regulating the crypto industry. Speaking about the stablecoin regulation expected to pass the Senate, Mersinger said, “The passage of this bill shows that this asset class is now permanent and that the US aims to lead in this area.” He argued that the US could further consolidate…

Michael Saylor, a renowned Bitcoin advocate and the executive chairman of BTC-focused company Strategy, has taken to his official social media account to make a bullish Bitcoin statement while the world’s flagship cryptocurrency is striving to recapture the $97,000 price mark. This time, in his tweet, Strategy’s boss and co-founder, Saylor, metaphorically likened Bitcoin to other assets in the market, stressing BTC’s dominance and resilience compared to other investment tools. Meanwhile, Bitcoin rose to surpass the $97,200 today but a rebound pushed it back below $97,000 after that. On Thursday, it also attempted to regain this important price level. Now,…

Ethereum is gaining momentum as optimism returns to the crypto market. With Bitcoin officially entering price discovery and surging past its all-time highs, attention is turning toward ETH, which is now testing critical resistance levels. Ethereum has gained over 55% since early May, riding the wave of broader market strength and renewed investor confidence. However, despite the impressive recovery, ETH still lags behind Bitcoin’s pace and has yet to reclaim its 2021 highs. Top analyst Daan shared a technical view highlighting that Ethereum has been chopping around the $2,400–$2,600 zone since its explosive move earlier this month. This range-bound price…

The pseudonymous marketing lead of the SHIB team, Lucie, has sent a harsh critique at those token makers who burn coins just for the same of promoting their own products. She clearly talked about SHIB burns. Lucie also proposed two key ways of how anyone could support their own tokens without using the name of Shiba Inu. “The biggest crypto nonsense I’ve ever seen” Lucie has poured criticism over initiatives of third-parties to burn SHIB and brag about that to promote their own tokens not related to SHIB what-so-ever. Lucie has called it “the biggest crypto nonsense” she has ever…

Congressional Democrats unloaded on President Donald Trump’s plans to dine with top holders of his meme coin this evening, demanding answers about who will be in attendance, and framing the event as an unprecedented assault on longstanding disclosure norms associated with the U.S. presidency. “Donald Trump’s dinner is an orgy of corruption,” Sen. Elizabeth Warren (D-MA) said during a press conference Thursday. “The American people have no idea who is buying access to the president, and no idea what they are getting in return.” The top 220 holders of Trump’s meme coin have been invited to dine with him this…

Bitcoin rewards and payments platform Fold is the first publicly traded company of its kind on the Nasdaq. Bitcoin (BTC) is going more mainstream with each passing week. On Friday, May 2, Fold held an Opening Bell ceremony at the Nasdaq headquarters to celebrate its public listing. Trading under the ticker $FLD, it is the first publicly traded company focused specifically on Bitcoin financial services. “Ringing the bell at Nasdaq is a celebration of the journey from Bitcoin’s edges to the heart of global finance. We’re proud to represent the everyday use of Bitcoin in a market long dominated by…