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.

US Banks Ask OCC for New Regulations That Would Curb Influence of Government: Report

Major US banks are lobbying the Office of the Comptroller of the Currency (OCC) to establish national regulatory standards that would override state-imposed rules affecting their operations. Citing people familiar with the matter, Reuters reports the banks seek uniform federal guidelines for activities such as lending funds, issuing bonds, offering investment banking services and conducting anti-money laundering (AML) assessments. The goal, according to Reuters’ sources, is to limit the influence that individual states have over these operations. Sources say the push aligns with efforts by the Trump administration to reinforce federal preemption, following a 2024 U.S. Supreme Court ruling affirming…

LegalAug 27

Terminus Taps Digital Era Bank to Bridge Crypto and Fiat Transfers Globally

Terminus, a cutting-edge payment platform, has partnered with Digital Era Bank, a prominent fintech venture that merges traditional banking with DeFi. The key purpose of this partnership is to merge crypto as well as fiat transfers across the globe. The official announcement shared by Terminus on social media discloses that the development seeks to bolster the crypto economy by integrating it with fiat systems. Keeping this in view, the joint effort intends to unlock unique opportunities for businesses and communities to widen digital payment adoption. 💱 Terminus joins forces with Digital Era Bank (DEBC) 🤝 In the luminescent haze of…

ExchangesAug 27

Ethereum ETFs end four-day bleeding streak with $288 million

After several consecutive days in the red, the nine U.S-listed exchange-traded funds tracking Ethereum are back with inflows. Summary Ethereum ETFs recorded $288 million in net inflows on Aug. 21, ending several consecutive days of losses. ETH’s price remains under pressure, trading just above $4,238, down 0.72% over the past 24 hours, but up 15% for the month. Bitcoin ETFs continued to see outflows, losing $194 million and marking five consecutive days of withdrawals. Ethereum ETFs recorded a total of $288 million in net inflows on Aug. 21, ending a four-day streak of underperformance. SoSoValue data shows BlackRock’s ETHA led…

EthereumAug 27

A 20x Surge in RWAs and a $3 Billion ETF Influx Solidify Ethereum’s Market Dominance

The market for tokenized Real-World Assets (RWAs) on Ethereum has surged nearly 20 times since January 2024, according to new data spotlighted by Token Terminal. In August, Ethereum’s RWA market went over an astonishing $7.5 billion. The rise is fueled by growing institutional adoption, with financial giants like BlackRock and Securitize building tokenized products on the network. In addition, platforms such as zkSync Era are contributing a large amount of transaction volume to the ecosystem. Ethereum currently dominates the RWA space, holding a majority share and acting as the backbone for asset tokenization, including treasuries, private credit, real estate, commodities,…

RegulationAug 27

South Korea Experiences Trading Volume Explosion in 14 Altcoins – Majors Take Top Three Spots

There have been notable increases in trading volume for some altcoins on South Korea's leading cryptocurrency exchanges Upbit and Bithumb in the last 24 hours. While major projects like Ethereum and Solana topped the list, relatively lesser-known altcoins like Wayfinder (PROMPT) and Xterio (XTER) also stood out with high volume on Bithumb. According to experts, this increase stems from rising risk appetite in Asian markets and strong demand for transactions in the Korean won. This is particularly evident in the interest observed in AI-focused and gaming-focused altcoins. According to data from two exchanges, the prominent altcoins and their transaction volumes…

ExchangesAug 27

Will Ethereum Price Crash as Powell’s Last Jackson Hole Speech Looms?

Ethereum price is holding above the $4,200 mark after an explosive summer rally, but the next move hinges on more than just charts. With Federal Reserve Chair Jerome Powell preparing his final Jackson Hole speech, political pressure from President Trump, and the growing weight of tariffs on the US economy, crypto investors are asking one key question: will ETH price crash or not? Macro Backdrop: Powell, Tariffs, and Interest Rates A top Federal Reserve policymaker has shut the door on hopes for a September rate cut, pointing to stubborn inflation and a still-strong labor market. With no urgency to ease,…

EthereumAug 27

Bullish and Gemini IPO docs use new GAAP rules to boost income

Crypto exchanges Gemini and Bullish recently filed IPO documents, and they weren’t pretty. Despite the market for crypto IPOs being particularly hot in the wake of the blockbuster offering by Circle, these two filings reveal dismal profitability for even major incumbents of the industry. Bullish priced its IPO at $37 per share and it seemed initially like a roaring success. Shares opened for trading above $95 and rallied to $118 within minutes. Unfortunately, every day since its debut has been a disappointment. After a week of sobering decline, Bullish now trades below $64 — about half its peak value on…

RegulationAug 27

Japan’s Stablecoin Progress: Regulation Leads, Adoption Lags

At the WebX Fintech EXPO held in Osaka last Friday, panelists discussed Japan’s evolving stablecoin landscape, emphasizing the gap between regulatory progress and practical adoption. Participants included Akio Isowa of Sumitomo Mitsui Financial Group, Tatsuya Saito, CEO of Progmat, and Kenta Sakakibara, Circle’s Japan Manager, moderated by Kenta Sakagami, COO/CFO of DeFimans. Japan and US: Contrasting Approaches to Stablecoin Regulation Japan’s financial sector is witnessing growing interest in stablecoins, a digital currency pegged 1:1 to fiat. On August 19, Japan’s Financial Services Agency approved JPYC, the country’s first yen-backed stablecoin, scheduled for formal issuance this fall. Regulatory oversight, however, has…

LegalAug 27

Binance Faces Allegations of Market Games as Solana Nears BNB

New allegations surfaced, claiming Binance is deliberately holding back Solana’s momentum to protect the BNB token, throwing the crypto market into controversy. It adds to the list of times the largest exchange on trading volume metrics has been accused of using Wintermute market maker to influence prices. Is Binance Secretly Holding Back Solana in Favor of BNB? Analyst Marty Party sparked the debate on X (Twitter), alleging that Binance has been working with market maker Wintermute to prevent Solana’s market capitalization from surpassing BNB. He shared what he called “receipts,” questioning how the Binance exchange could be sourcing SOL for…

ExchangesAug 27

WLFI Futures Tumble 44% on Debut as Traders Short the Trump-Linked Token

Futures of World Liberty Financial (WLFI), the cryptocurrency linked to the family of President Donald Trump, lost more than 44% of their value on opening this weekend as traders chose to short the decentralized finance (DeFi) token. The futures began trading Aug. 23 on decentralized exchange Hyperliquid at $0.44. Within hours, the price had collapsed to below $0.25 on the back of significant trading volume. The debut followed months of uncertainty. Initially, the token was planned to be non-transferrable. In mid-July, however, the measure was overturned. That decision paved the way for the weekend introduction. Spot trading and token distribution…

DeFiAug 27