Author: NBTC

President Donald Trump’s highly anticipated digital asset policy report will be released on July 30, meeting the 180-day mandate of his January 23 Executive Order to strengthen American leadership in digital financial technology. The comprehensive framework promises to transform federal cryptocurrency regulation by incorporating pro-innovation principles. The Presidential Working Group on Digital Asset Markets, directed by Special Advisor David Sacks, has developed suggestions for regulatory control, market structure, and consumer protection. The research was released after Trump rescinded Biden’s 2022 digital asset executive order. Report To Outline Clear Regulatory Boundaries The framework explicitly bans the creation or endorsement of a…

Bitcoin’s price ranged between $117,365 and $118,057 in the last hour, reflecting intraday volatility amid a broader 3.8% decline over the past 24 hours. With a market capitalization of $2.33 trillion and a 24-hour trade volume of $72.33 billion, current market dynamics suggest a cautious stance as bitcoin trades within a daily range of $116,481 to $121,919. Bitcoin On the daily bitcoin chart, the recent bearish engulfing pattern indicates a potential reversal following a parabolic rally. This high-volume bearish candle signals panic selling or institutional distribution, with a confirmed key support level at approximately $116,000. The critical resistance stands near…

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. ETHA hits warp speed BlackRock’s iShares Ethereum Trust, which trades under the ETHA ticker, just became the third-fastest ETF to reach $10 billion. It reached the milestone in 251 days. And was beat by BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund—which did it in 34 days and 53 days, respectively. There was much hand wringing and head scratching on Wall Street when the launch of spot Ethereum ETFs in July 2024 didn’t get the kind of reaction as Bitcoin ETFS did…

BlackRock, the world’s largest asset manager, made important assessments following the Genius Act stablecoin law signed by US President Donald Trump. The GENIS Act, which has been eagerly awaited for months, was finally passed and went into effect with Trump’s signature. While some experts expressed concerns that stablecoins would weaken the dominance of the US dollar, global giant BlackRock offered an opposite analysis. BlackRock said the GENIUS Act could further strengthen the US dollar, according to a report by Walter Bloomberg. BlackRock assessed that stablecoin regulations coming into force in the US could strengthen the dollar’s international position. Stating that…

According to Glassnode, Bitcoin investors made an incredible $3.5 billion in realized profits over the last 24 hours, which is one of the biggest single-day cashouts of the year. It is interesting that this wave was not led by short-term traders. Long-term holders took the lion’s share, walking away with $1.96 billion – 56% of the total realized profits. On-chain data shows a rare instance where long-term Bitcoin holders – usually known for holding through volatility – took advantage of high prices to sell a lot of their holdings. Short-term holders had the remaining $1.54 billion, which suggests a widespread…

Elon Musk has emerged as the most influential figure in crypto, surpassing US President Donald Trump. The top ranks of crypto influence also include current and former Congresspeople. Notably, only one non-US politician and one woman made it onto this influential list. The analysis carried out by ApeX Protocol used>Crypto’s Most Influential Voices Today Earlier this month, trading platform ApeX Protocol released an in-depth analysis identifying crypto’s most influential voices. Their methodology combined estimated crypto holdings, net worth, and social media reach. “What this ranking really shows is that crypto influence isn’t just about who has the biggest wallet. It’s…

A man on trial in Germany has escaped criminal charges after allegedly stealing $2.9 million (€2.5 million) in cryptocurrency through an unauthorized transfer, thanks to a series of unusual legal loopholes. The case, heard by the Braunschweig Higher Regional Court (OLG), involved the alleged theft of 25 million unspecified tokens. According to court documents, the defendant helped the victim set up a crypto wallet for a project and, in the process, reportedly gained access to the 24-word seed phrase. He then allegedly transferred the tokens from the victim’s wallets into two other wallets outside the victim’s control.  But under Section…

A popular crypto analyst thinks things could continue to get “a little crazier” in the ongoing digital asset bull market. In a new YouTube video, Jason Pizzino tells his 353,000 subscribers there is a “nice psychological level” for the overall crypto market cap at the $4 trillion point. The crypto market cap (TOTAL) currently sits at $3.646 trillion at time of writing and is down 1.39% in the past 24 hours. Pizzino notes that he’s been looking at 150% of the crypto market cap range in the bull market between late 2022 and the February 2024 high, projected off the…

RealT, a Florida-based RWA issuer, is being sued after offering tokenized shares of dozens of homes it does not own. Additionally, code and tax violations have accumulated over 408 properties in RealT’s possession. This incident highlights a serious potential problem for the entire RWA market. Can these companies really offer returns on property incomes, or will Ponzi schemes power investor yields? RealT’s Detroit RWA Plan As befitting the crypto crime supercycle of 2025, many novel scams, hacks, and other frauds are preying upon investors right now. The RWA market has been durable in bear markets, growing despite broader downturns, and…

The Senate Agriculture Committee has pulled a planned hearing on Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission (CFTC), following a request from the White House just days before lawmakers leave for August recess. In an update to the committee’s schedule on Monday, chair John Boozman and ranking member Amy Klobuchar said lawmakers would not consider Brian Quintenz’s nomination to chair the CFTC. A spokesperson for the committee told Cointelegraph that consideration of Quintenz’s nomination was removed following a request from the White House. Cointelegraph reached out to the White House for comment but had not received a…