Author: NBTC

NEW YORK — A 12-person jury has been seated for Tornado Cash developer Roman Storm’s criminal trial, and opening arguments are set to begin later this afternoon in the Thurgood Marshall courthouse in lower Manhattan. Seven women and five men with a diverse range of backgrounds and ages will decide whether the U.S. Department of Justice can prove beyond a reasonable doubt that Storm engaged in conspiracy to commit money laundering, conspiracy to violate U.S. sanctions and conspiracy to operate an unlicensed money transmitting business. Jury selection began on Monday. Of the jurors, just one works as an IT manager,…

A closely followed crypto analyst says that Bitcoin’s (BTC) latest upswing to a new all-time high has confirmed its breakout. In a new strategy session, crypto trader Kevin Svenson tells his 83,200 YouTube subscribers that the top crypto asset by market cap’s latest upward shift confirms that it’s going to continue climbing until the end of this week, bringing BTC’s price to at least $115,000. “This run could be finishing around the end of May 23rd or May 24th, that may be when we actually get to $115,000, so really just a three-day run just like [previously]. I mean I…

While Bitcoin remains the darling of corporate treasuries, SharpLink’s aggressive Ethereum play signals a shift. With nearly all its ETH staked, the company isn’t just holding, it’s actively shaping Ethereum’s economic future. On July 15, Minneapolis-based iGaming giant SharpLink Gaming announced that it had acquired 74,656 Ether (ETH) tokens for $213 million, completing the transaction over a six-day window between July 7 and July 13. The acquisition, executed at an average price of $2,852 per ETH, pushed SharpLink’s total holdings to 280,706 ETH, cementing its position as the world’s largest corporate holder of Ethereum. NEW: SharpLink becomes the largest $ETH…

The crypto world is no stranger to volatility, but when a prominent platform faces severe financial distress, it sends ripples through the community. That’s precisely what’s happening with Ziglu, a UK-based digital banking and crypto platform, which has now officially entered special administration. This development, reported by Crowdfund Insider, marks a critical juncture for the company and its users, highlighting the ongoing challenges in the evolving crypto landscape. Understanding Ziglu’s Financial Distress: What Went Wrong? For months, signs of trouble had been brewing at Ziglu. The company, once a promising name in the UK crypto scene, found itself in a…

According to Bloomberg ETF analysts James Seyffart and Eric Balchunas, the XRP spot ETF currently has a 95% chance of being approved by the SEC. Asset managers like Franklin Templeton, Bitwise, and ProShares have already filed applications for XRP ETFs. Imagine if the U.S. didn’t have a president like Donald Trump who supports cryptocurrency, progress in the space would likely be moving much slower. Take Ripple (XRP), for example. It’s faced its fair share of legal battles and delays in getting investment products tied to it approved. But things are starting to look up. According to Bloomberg ETF analysts James…

The EU’s Anti-Money Laundering Authority, or AMLA, has issued a warning to regulators and virtual asset service platforms, such as crypto exchanges, custodial wallet providers, or crypto ATMs. Bruna Szego, chair of AMLA, said it was “essential” that the bloc is “adequately protected from the risks of money laundering and terrorist financing stemming from this sector.” The Frankfurt-based organization, which became operational at the start of the month, is charged with ensuring the EU’s 27 countries comply with its sweeping new set of anti-money laundering regulations. In an interview with The Financial Times, Szego explained that regulators will be expected…

On Sunday, Eric Jackson, the founder and president of Toronto-based hedge fund EMJ Capital posted a thread on X that explained his firm’s bullishness on ether (ETH). According to Jackson, the market has underestimated the impact of upcoming developments, particularly the anticipated approval of staking for ETH exchange-traded funds (ETFs) by October 2025. He argued that this event, rather than the already-approved ETH ETFs, represents the true catalyst for significant price growth, as it could transform ether into a yield-generating asset attractive to institutional investors. Jackson explained that his firm’s model anticipates a supply crunch driven by several factors. He…

Ripple CEO predicts stablecoin market to grow from $250B to $2T, fueled by regulation and rising institutional demand. Ripple’s RLUSD crosses $500M cap, gains BNY Mellon custody and Transak integration as adoption accelerates. The stablecoin sector, once a quiet corner of the crypto world, is now stealing the spotlight. Ripple CEO Brad Garlinghouse predicts the market will grow nearly tenfold, from $250 billion to $2 trillion in just a few years. Speaking to CNBC, he called this shift “profound,” pointing to rising institutional demand and the long-awaited clarity around regulations now falling into place. This projection echoes U.S. Treasury Secretary…

Chainlink saw 2.5 million interactions as more people talked about its role in real-world asset projects. VeChain followed with 1.81 million interactions, largely driven by its work in supply chain use cases online. Chainlink (LINK) and VeChain (VET) are attracting heavy attention in the Real-World Asset (RWA) space. Data shows that they have recorded millions of user engagements, signaling strong community interest. However, market participants are wondering if this growing interest will translate into actual price growth for these two digital assets. LINK Leads with 2.5 Million Interactions as RWA Conversations Surge According to a recent post on X, Chainlink…

Crypto entrepreneur Roger Ver—also known as “Bitcoin Jesus”—has reportedly sued Spain as one of the technology’s earliest adopters fights extradition to the U.S. over tax evasion charges.  Bloomberg Law first reported that the crypto mogul filed a lawsuit with the European Court of Human Rights, claiming that the country violated his legal protections when it ruled that he should be sent to the U.S. According to Bloomberg, which reviewed the lawsuit, Ver’s legal team argued that the extradition order would amount to “illegitimate restrictions on his right to liberty.” They further alleged in the filing that Spanish authorities failed to…