Author: NBTC

The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity. FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom Acting Chairman Travis Hill used his address at the American Bankers Association’s Washington Summit on April 8 to lay out the U.S. Federal Deposit Insurance Corporation’s (FDIC) updated stance on digital assets and blockchain technology, emphasizing a shift toward regulatory openness. Hill highlighted that the FDIC has already revised key policies to reduce barriers for banks interested in crypto-related activities. The agency recently rescinded its requirement…

Mike McGlone, senior commodity strategist at Bloomberg, has defended his uber-bearish Bitcoin price prediction, arguing that a potential plunge to $10,000 would be “a simple reversion.” What’s not profound about $10,000 #Bitcoin? It’s simple reversion potential of a highly speculative and volatile risk asset with millions of #cryptocurrency dependents, that piggy-backed on the US #stockmarket’s record setting run. #Gold has three #preciousmetals dependents.… pic.twitter.com/0qarWkcGkl — Mike McGlone (@mikemcglone11) April 10, 2025 According to McGlone, the leading cryptocurrency has “piggybacked” on the US stock market’s record-shattering run. As reported by U.Today, McGlone has repeatedly predicted that Bitcoin could end up losing…

GHO is a decentralized stablecoin born from the Aave protocol. It promises a transparent, crypto-backed alternative to traditional dollar-pegged assets like USDT and USDC. Unlike most stablecoins, GHO is overcollateralized by crypto and governed by the Aave community. This quick guide breaks down what the GHO token is, how it works, and what makes it different. You will also learn about the risks and why GHO could matter in the broader DeFi stablecoin market. In this guide: What is GHO? How GHO works Unique features and tokenomics Use cases and adoption Risks and challenges Gho token: Advantages vs. challenges Should…

Ethereum has climbed 9% in the past 24 hours, following the Trump administration announcing plans to temporarily pause tariffs yesterday. It was also buoyed by Thursday morning’s better-than-expected U.S. inflation report—but ETF flows show that many investors are still retreating from cryptocurrency. At the time of writing, the Ethereum price has been sitting just above $1,500, after having fallen 0.4% in the past hour. Bitcoin, which has gained 6.1% in the past day, has fared better than the broader crypto market, which saw its market capitalization grow 4.2% since yesterday, according to CoinGecko data. Still, gains for the Bitcoin price…

U.S.-listed spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) saw outflows Wednesday even as the cryptocurrencies’ prices surged after President Donald Trump announced a 90-day pause in tariffs on most countries, excluding China. The 11 bitcoin ETFs lost a net $127.2 million Wednesday, with investors withdrawing $89.7 million from BlackRock’s IBIT alone, according to data from Farside Investors. Wednesday marked the fifth consecutive day of outflows, with the funds losing a cumulative $722 million over the period. Ether ETFs have also fallen out of investor favor and the nine funds saw a net outflow of $11.2 million Wednesday. The…

Tether, the world’s largest stablecoin issuer, mints another $1 billion worth of USDT on the Tron blockchain on Friday. Large stablecoin inflows during a market rally often indicate fresh buying pressure. As investors brace for US and China inflation reports, tokens like BNB, BGB and TRX could benefit from the volatile market swings. Fresh $1B USDT Issuance signals liquidity surge on Tron network Tether, the world’s largest stablecoin issuer, has minted another $1 billion worth of USDT on the Tron blockchain, according to Whale Alert data published Friday. This issuance pushes Tether’s total USDT supply on Tron past $50 billion,…

After dragging on for more than four years, the Ripple vs. SEC case finally seems to be wrapping up. But interestingly, the news didn’t come from the SEC — it was Ripple CEO Brad Garlinghouse who confirmed that the long-running legal battle is nearing its end. That’s left many in the XRP community feeling frustrated and a bit skeptical, as they wait for something more official from the SEC. In the latest twist, both Ripple and the SEC have filed a joint motion asking the court to pause the appeal. This is based on their agreement to settle the case…

A Bitcoin maximalist has criticized investors who entered the market at peak prices but exited hastily at the first sign of volatility. This sharp criticism came from Rajat Soni, a Chartered Financial Analyst (CFA) and self-acclaimed personal finance coach, amid the ongoing Bitcoin market struggles. For context, BTC has continued to dance to the tune of the bears as macroeconomic headwinds from the tariff war take shape. Bitcoin’s Rollercoaster Ride Since November 2024 Particularly, Bitcoin collapsed from $83,000 on April 4 to a five-month floor price of around $75,000 three days later. Despite an impressive 8.33% gain on April 9…

Samson Mow, popular Bitcoin maximalist and CEO of the JAN3 firm, reinforces his old jab at Ethereum, noting that ETH remains overvalued at the $1,600 price mark. The outspoken Bitcoin maximalist made the comment today while resurfacing an old tweet he published on August 23, 2022, regarding ETH’s valuation. Mow’s Views on Ethereum Valuation At the time, ETH traded around $1,600 per coin, which is the same level Ethereum is trading at today. Meanwhile, Bitcoin was trading at $21,500 back then in 2022 but today, its value is around $80K. Interestingly, Mow, who expects Bitcoin to hit $1 million this…

South Korea’s cryptocurrency market is booming, with more than 16 million citizens—over 30% of the population—now holding crypto exchange accounts. This huge user base has led the country’s top traditional banks to push lawmakers for regulatory changes that they say currently block fair competition and limit innovation in the digital asset space, as per a report from local news outlet Money Today. Why Are Korea’s Big Banks Pushing for Rule Changes? At a high-level meeting held this week, executives from the nation’s largest financial institutions—KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, Jeonbuk Bank, and internet-only Toss Bank—urged lawmakers from the…