Author: NBTC

Hey crypto enthusiasts! Get ready for some eye-popping numbers from the world of stablecoins. Justin Sun, the founder of TRON (TRX), recently shared a significant milestone on X: the total issuance of Tether (USDT) on the TRON network has officially surpassed a staggering $70 billion. Yes, you read that right – $70,000,000,000 worth of USDT is now circulating on TRON. This isn’t just a big number; it’s a powerful indicator of TRON’s growing dominance in the stablecoin landscape and the immense popularity of TRON USDT. Why is TRON USDT So Popular? Understanding the TRON Network Advantage So, what makes the…

Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades behind bars if the U.S. Department of Justice’s sentencing memo request is granted. In the memo filed late Monday, the DOJ urged the court to impose a 20-year prison sentence, calling the crimes a “deliberate, calculated” fraud that caused nearly $7 billion in customer losses and left thousands financially devastated. Mashinsky, who pleaded guilty in December to misrepresenting the safety of customer deposits and manipulating Celsius’s CEL token, “refuses to accept responsibility” for his crimes and continues to…

Warsaw-listed, multiregulated liquidity provider X Open Hub announced the upgrade of its OTC crypto liquidity solution for CFD brokers, banks, and prop firms looking to venture into the cryptocurrency trading space. Taking place in early April, according to a news release published on the X Open Hub blog, this improvement comes as part of the company’s commitment to delivering superior execution, deeper order books, transparency, and optimal order matching across a wide range of digital assets. Tailored to the specific needs of institutional players, the enhanced crypto liquidity suite provides a lucrative and cost-effective solution for various challenges that financial…

In a crowded crypto landscape where speed, utility, and real-world integration are often overpromised and underdelivered, Ouroboros stands out for offering a functional blend of blockchain performance and messaging-based incentives. The platform seeks to bridge everyday digital interaction with decentralized finance by rewarding users not only for holding tokens but also for being active in its native messaging app, Sputnik-1, a nod to the Sputnik 1 satellite. Built on Cosmos SDK and powered by Tendermint consensus, Ouroboros delivers a standalone chain with fast transactions, robust staking mechanics, and transparency at its core. With a capped supply, clear emission structure, and…

Bitcoin’s (BTC) breakout to $93,000 is being driven by deep-pocketed institutions, not retail exchange traded-fund (ETF) buyers, said Coinbase Institutional’s John D’Agostino on CNBC. The rally began in early April, as institutional investors, and sovereign wealth funds quietly accumulated BTC with their “patient pools of capital” while retail investors were still pulling capital from spot ETFs. “Institutions, sovereigns, patient pools of capital were piling in,” he said. “Retail via the ETF were exiting. So you’ve got to ask yourself, what do the institutions know?” That institutional conviction is now being formalized. Earlier this week, Strike CEO Jack Mallers and Cantor…

Abu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank announced plans to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank, aimed at advancing payment solutions and digital infrastructure. The stablecoin will operate on the ADI blockchain, according to The National, and will be issued by FAB, the UAE’s largest bank, pending regulatory approval, the companies said in a joint statement Monday. The digital currency will be used by consumers, businesses, and institutions, supporting emerging applications like machine-to-machine transactions and artificial intelligence-driven processes. “This new stablecoin represents a transformative step forward and will revolutionise the way…

Donald Trump’s former lawyer Jim Trusty is pivoting to crypto lobbying consultancy after previously representing the president in a defamation lawsuit against CNN. Trusty had also represented Trump during the criminal documents case directed against him, however, in 2023, he withdrew from this case, dropped out of Trump’s CNN lawsuit, and ended his involvement with the probe into Trump’s efforts to overturn Joe Biden’s election. Politico Influence reports that Trusty is now launching NexusOne alongside Jeff Ifrah, who owns Ifrah Law, which Trusty previously worked for. NexusOne claims it can “secure pivotal meetings with key staff in the White House”…

Kraken expanded its offering in the US securities through a collaboration with Alpaca, a self-clearing broker-dealer known for its API-first brokerage platform. The crypto Kraken reportedly offers its users access to over 11,000 stocks and ETFs. According to the exchange, the collaboration gives Kraken’s US-residing clients access to a broad selection of over 11,000 equities and ETFs, a move that aims to bridge the gap between traditional and digital asset trading. Kraken Expands Investment Offerings “We are excited to work with Alpaca to bring US equities to our clients,” commented Nick LaMaina, Managing Director of Kraken. “This collaboration accelerates Kraken’s…

Leading American crypto exchange Coinbase ventured deeper into the on-chain economy with the launch of its Ethereum layer-2 network Base in 2023. Originally billed as “a ‘bridge’ for users into the cryptoeconomy,” Base was designed to house Coinbase’s existing on-chain products and provide an open ecosystem for millions of new decentralized apps. Since its launch, Base has developed into one of the leading Ethereum layer-2 networks, representing a significant chunk of on-chain culture and activity. Learn everything else you need to know about Base below. What is Base? Base is an Ethereum layer-2 network that was created by American crypto…

A crypto strategist who nailed Bitcoin’s 2021 market meltdown believes BTC remains on track to print new all-time highs this year. Pseudonymous analyst Dave the Wave tells his 150,500 followers on the social media platform X that Bitcoin may soar to more than $200,000 by the end of the year based on his logarithmic growth curve (LGC). Dave the Wave shares a chart that shows BTC has been out of the “buy zone” of his LGC since it was last trading around $40,000. The LGC aims to forecast Bitcoin’s market cycle highs and lows while filtering out short-term volatility. “Chart…