Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Gemini Dethrones ChatGPT as GOOG Hits $3 Trillion

BlockchainSep 16

Google's Gemini app hit the top of the Apple App Store on September 15, dethroning ChatGPT for the first time since OpenAI's chatbot launched nearly three years ago. The catalyst wasn't a breakthrough in artificial general intelligence or some new reasoning mode—after all, Gemini 2.5 was released in March—it seems to be the public’s thirst for making memes and editing images. "Image editing is one of the most popular use cases for Nano Banana," the company tweeted last week. While Google didn't provide any specific reasons for its come-from-behind surge in popularity, given the timing, it's safe to assume that…

Coinbase, Circle, Strategy, MARA Lead Crypto Stock Post-Rally SellOff

RegulationSep 16

Crypto stocks opened the week under pressure as traders took profits following a sharp Friday rally across digital assets and broader financial markets. MARA Holdings (MARA) and Circle (CRCL) led the losses, falling about 6% in early trading. Bullish (BLSH) was down 5%, while Strategy (MSTR) slipped 3%. Other publicly traded platforms with crypto exposure, including Coinbase (COIN), eToro (ETOR), and Robinhood (HOOD), also traded lower. The moves mirrored a broader pullback in digital asset prices. Bitcoin BTC$115,244.11 and ether (ETH) were both down significantly from their weekend highs, falling roughly 4% and 5.5%, respectively, over the past 24 hours.…

CBDCs close Orwell’s ’1984 loop perfectly,’ think tank says

RegulationSep 16

Global central bank digital currency (CBDC) efforts are threatening to give financial institutions more control over the money supply and personal savings, as the transatlantic divide between the US and Europe widens in terms of financial technology. CBDCs are digital versions of fiat money issued on a permissioned, private blockchain, usually controlled by a central bank, as opposed to decentralized blockchain networks. “Not all digital currencies are the same,” said Susie Violet Ward, financial analyst, co-founder and CEO of think tank Bitcoin Policy UK, warning that CBDCs represent the "weaponization of money in its purest form.” This new form of…

September Fed Rate Cut Is Now a “Go,” Say Barclays and BNP After Powell Speech

RegulationSep 16

Major Wall Street brokerages are rapidly adjusting their forecasts for U.S. monetary policy after Federal Reserve Chair Jerome Powell signaled rising risks in the labor market. His remarks at the Jackson Hole symposium show the central bank’s focus may now shift to protecting employment. Speaking on Friday, Powell said the Fed’s restrictive policy stance has placed the economy at a “curious kind of balance” where both hiring demand and labor supply have slowed. He warned that this equilibrium carried the risk of sudden decline through layoffs and higher unemployment. Related: All Eyes on Powell: The Three Scenarios for the Fed’s…

DeBox Partners with Mythoria to Merge AI-Led GameFi and Web3 Social Ecosystem

GameFiSep 16

DeBox, a renowned Web3 social entity, has collaborated with Mythoria, an AI-driven GameFi platform. The collaboration aims to combine the Web3 social hub of DeBox with the AI-led GameFi protocol of Mythoria to revolutionize gaming experiences and community engagement. As DeBox’s official social media announcement reveals, the partnership endeavors to connect immersive and intelligent gameplay with social interaction. Hence, this move is anticipated to establish a relatively rewarding, sustainable, and engaging Web3 ecosystem for digital communities and gamers. We are excited to announce the partnership with @MythoriaMYR 🕹️The Al powered GameFi protocol will turn based challenges meet intelligent economics https://t.co/ZVzJPZsB1E…

Tokenized equities could reach $1.3 trillion but regulators claim ticking bomb

RegulationSep 16

The World Federation of Exchanges (WFE) has called on financial regulators to tighten oversight of tokenized stocks, warning that the products could expose investors to hidden risks and undermine trust in traditional markets. Reuters reported on Aug. 25 that WFE warned that tokenized equities replicate the appearance of stocks without conferring the same rights or protections that shareholders typically receive. Unlike conventional shares, tokenized versions allow investors to gain synthetic exposure to a company’s performance without holding legal ownership. The WFE said this marketing approach risks confusing retail investors, who may assume they hold voting or dividend rights when they…

Asia’s Stablecoin Competition Sparked by US GENIUS Act

RegulationSep 15

Asian countries are adopting diverse stablecoin strategies in response to intensifying global competition. This includes Japan’s regulatory-first approach, South Korea’s rapid trademark filings, and China’s exploration of yuan-backed digital currencies to challenge U.S. dollar dominance. The enactment of the US Genius Act has accelerated the competition for stablecoin dominance. Japan was the earliest to introduce the regulations, but now the country faces practical adoption and scalability challenges. Global Stablecoin Strategies: The Path Forward The WebX conference in Tokyo recently hosted an engaging panel discussion on the future of stablecoins. Titled “Beyond Division and Regulation: The Future of Global Stablecoin Dominance,”…

A Bold Leap into Crypto’s Future

RegulationSep 15

The institutional crypto landscape is buzzing with exciting developments, and a major player just made a significant move. Anchorage Digital, a leading U.S. crypto bank known for its secure and compliant services, has officially unveiled Anchorage Digital Ventures. This new venture investment arm is dedicated to supporting pioneering on-chain protocols, signaling a strong commitment to the future of digital assets. What is Anchorage Digital Ventures and Why Does It Matter? Anchorage Digital Ventures represents a strategic expansion for Anchorage Digital. Its core mission is to invest in and nurture the next generation of blockchain infrastructure. The Block reported on this…

Citi executive warns stablecoin yields could drain bank deposits: Report

RegulationSep 15

Paying interest on stablecoin deposits could spark a wave of bank outflows similar to the money market fund boom of the 1980s, Citi’s Future of Finance head Ronit Ghose warned in a report published Monday. According to the Financial Times, Ghose compared the potential outflows caused by paying interest on stablecoins to the rise of money market funds in the late 1970s and early 1980s. Those funds ballooned from about $4 billion in 1975 to $235 billion in 1982, outpacing banks whose deposit rates were tightly regulated, Federal Reserve data showed. Withdrawals from bank accounts exceeded new deposits by $32…

US Banks Warn Stablecoin “Loophole” Could Trigger $6.6 Trillion Deposit Flight

RegulationSep 15

US banking groups are intensifying pressure on lawmakers to amend the recently passed GENIUS Act, warning that its current structure risks destabilizing the financial system by indirectly enabling crypto exchanges to offer yield on stablecoins. It marks a subsequent attack from banking giants against crypto, after reports that they are trying to disrupt Coinbase and Robinhood. Banks Warn Stablecoin Yield Rules Could Spark Trillion-Dollar Deposit Flight The Financial Times reported pushback from the American Bankers Association, the Bank Policy Institute, and the Consumer Bankers Association. Based on the report, these traditional finance (TradFi) players argue that the GENIUS Act, passed…