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.

Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue

Crypto trading remained the backbone of eToro’s business in the second quarter, generating roughly 91% of the company’s total revenue, according to its latest earnings report. That’s down slightly from the 93% share recorded in the first quarter, suggesting a modest increase in the contribution from equities and other trading segments. For the three months ended June 30, revenue from cryptoassets totaled $1.91 billion, hit by a small net loss of $8.4 million from crypto derivatives trading. After subtracting the $1.88 billion cost of cryptoasset revenue, digital asset trading still made up the vast majority of eToro’s $2.09 billion in…

RegulationAug 17

Apraemio Obtains EU MiCA Registration to Ensure Compliance

Apraemio Ltd., a prominent platform in the crypto and blockchain landscape, has secured the MiCA registration from Malta’s MFSA. By getting the Markets in Crypto-Assets (MiCA) registration from Malta Financial Services Authority (MFSA), Apraemio shows its commitment to comply with peak regulatory standards within the EU region. Hence, the move underscores a key step toward improved compliance, security, and transparency in its operations. In addition to this, the development fortifies the trust of the institutional and retail market participants, as well as long-term stability. Apraemio ✅ MiCA Registration Completed! We are proud to announce that Apraemio Ltd. has officially received…

LegalAug 17

Here Are His Views on Cryptocurrency

The Trump administration is expanding its shortlist of candidates to replace Federal Reserve Chair Jerome Powell, whose term expires next year. The goal is to find a candidate who can command the trust of both President Donald Trump and the financial markets. According to administration officials, among the names being considered are current Fed Vice Chairs Philip Jefferson and Michelle Bowman, Dallas Fed President Lorie Logan, former St. Louis Fed President Jim Bullard, and macroeconomic advisor Marc Sumerlin. The official noted that other private sector figures could also be added to the list. These new candidates are being considered alongside…

RegulationAug 17

Hong Kong’s SFC sets new custody standards for crypto trading platforms

Key Takeaways Hong Kong's SFC há introduced new standards to enhance the custody of virtual assets for licensed trading platforms. The guidance mandates stronger wallet infrastructure, access controls, and management oversight to address global security risks. Hong Kong’s Securities and Futures Commission (SFC) has issued a circular to all licensed virtual asset trading platforms (VATPs) outlining minimum standards and good practices for safeguarding client digital assets. The measures, introduced under the “Safeguard” pillar of the SFC’s ASPIRe roadmap, respond to recent findings from the regulator’s targeted review and a string of high-profile custody failures on overseas platforms. These incidents have…

LegalAug 17

What's Behind the Price Surge

A little over a year ago, Moonbirds was a cautionary tale. The once-hyped Ethereum profile picture (PFP) project, launched in 2022 by Kevin Rose’s Proof to immense demand, had seen its reputation crater amid community backlash, ownership shakeups, and plummeting prices. Holders griped about broken promises, shifting roadmaps, and changing leadership. By mid-2023, the project’s floor price had fallen from double-digit ETH highs to well under 1 ETH, making it an enduring punchline in NFT circles. Moonbirds is down 97% from its all-time high ($118,500 → $3,650) Do you buy or sell here? pic.twitter.com/ut7qmipQTc — moritz (@onchainmo) May 27, 2023…

NFTAug 17

President Voices Game-Changing Endorsement for Bitcoin’s Future

A significant development is emerging from Eastern Europe, capturing the attention of the global cryptocurrency community. The President of Belarus, Alexander Lukashenka, has recently voiced unequivocal and strong Belarus crypto support, signaling a potentially transformative shift in the nation’s economic landscape. According to reports from “The Bitcoin Historian” on X, President Lukashenka highlighted Bitcoin and other digital assets as “very important to the entire country.” This powerful statement comes with a clear commitment: a pledge to implement comprehensive pro-Bitcoin policies. The Significance of Belarus Crypto Support The President’s remarks carry considerable weight, particularly given the often cautious, if not outright…

RegulationAug 17

US SEC’s Ambitious Plan to Forge a Cryptocurrency Capital

Exciting news is brewing in the world of digital assets! The U.S. Securities and Exchange Commission (US SEC) Chair Paul Atkins is set to discuss a groundbreaking initiative tomorrow: Project Crypto. This bold endeavor aims to solidify the United States’ position as the global cryptocurrency capital, a move that could significantly shape the future of US Crypto Regulation and broader Digital Asset Policy. What is Project Crypto and Why Does it Matter? Reported by Watcher Guru on X, and previously by Bitcoin World, Project Crypto is more than just a concept; it’s a strategic initiative designed to foster innovation and…

LegalAug 17

Trump’s crypto ventures yield $2.4B since 2022: Report

US President Donald Trump has gained roughly $2.4 billion from his crypto-related ventures since entering the space in 2022, according to estimates from The New Yorker. The gains show a diversification of the Trump family’s crypto income streams and raise new concerns for a Commander-in-Chief overseeing the industry’s regulation in the United States. According to the report, Trump has gained an estimated $14.4 million from his non-fungible tokens (NFT) collections, $412.5 million from token sales via World Liberty Financial, $243 million from crypto deals with the United Arab Emirates, $13 million from Bitcoin (BTC) mining company American Bitcoin, $1.3 billion…

RegulationAug 17

New York lawmakers want to tax crypto sales and transfers

The US state of New York is seeking to tax the sales and transfers of crypto and non-fungible tokens (NFTs) under a bill introduced in the state’s Assembly. Assembly Bill 8966, introduced on Wednesday by Democratic Assemblymember Phil Steck, would add a 0.2% excise tax on “digital asset transactions, including the sale or transfer of digital assets.” The bill, if passed, would take effect immediately and apply to all sales and transactions starting Sept. 1. If enacted, the bill could bring in significant tax revenue for the state, as New York City is the world’s largest financial and fintech hub…

LegalAug 17

Ex-Binance dealmaker joins Hilbert Group to launch tokenized funds platform

Former Binance dealmaker Ryan Horn has joined the advisory board of Hilbert Group, a Sweden-based, publicly listed digital asset manager, to support the rollout of Syntetika, its onchain platform for tokenized assets and funds. At Binance, Horn secured high-profile partnerships, including a deal with football star Cristiano Ronaldo. Hilbert Group manages crypto-focused investment products for institutional and professional investors. Through algorithmic trading strategies, it applies a traditional asset management structure to digital asset markets, including regulated oversight and fund governance. Syntetika, now in development, will issue and trade tokenized funds under regulatory oversight. It will integrate Galactica’s zero-knowledge system to…

RegulationAug 17