Author: NBTC

Commodity Futures Trading Commission (CFTC) acting chair Caroline Pham revealed that the regulator is cooperating closely with the US Securities and Exchange Commission (SEC) on crypto-related matters. Pham made the statement during the Milken Institute’s “Future of Fintech Symposium, Fox Business’ Eleanor Terrett reported. Pham said: “We have restarted conversations at the staff level between the CFTC and SEC. We would like to work together. We have worked together well in the past and I look forward to getting back to regular order.” SEC Commissioner Hester Peirce, head of the regulator’s Crypto Task Force, confirmed Pham’s remarks. The statements confirm…

For three years, nothing. Not a single move. Then, out of nowhere, a whale just transferred 200 BTC – $18.4 million – to Binance, as reported by Spot On Chain. No warning, no buildup, just a sudden deposit about two hours ago. This is not just any whale, though. Back in 2022, this same entity pulled 300 BTC off exchanges, picking them up at an average price of $30,873. Fast forward to today, and Bitcoin (BTC) is trading at $92,263. Even after today’s 4.5% drop, the whale is still sitting on 98.2 BTC, worth about $9.06 million, with an estimated…

Digital assets continued to underperform amidst global economic uncertainties. The downside escalated over the past 24 hours as Bitcoin plunged to $90K. While altcoins suffered the most, recording double-digit losses on their daily charts, FTX’s FTT grabbed attention with wild movements. FTT soared from the lows of $1.5515 to $2.117, a 36% price increase within an hour. Sam Bankman-Fried recent social media posts sparked the momentary surge. SBF returned to X for the first time in more than two years. The former FTX CEO is serving hi 25-year sentence for several charges associated with money laundering and fraud following the…

Recently stepped down as Tether’s longtime CFO and now its chairman, Giancarlo Devasini keeps a low profile in the modest Swiss town of Lugano, according to the article by Angus Berwick. Circle founder Jeremy Allaire, meanwhile, is comfortable rubbing shoulders with politicians and Wall Street executives, Berwick continued. The conflict is as much about ideology as it is about business, writes Berwick. Tether embraces crypto’s freewheeling ethos, while Circle is pushing for mainstream acceptance through regulation. “Circle will not win if Tether is alive,” Devasini reportedly said months ago. The outcome of this battle will shape the future of stablecoins.…

Bitcoin (BTC) has plunged more than 7% in a single day, falling to $87,000 on February 25, its lowest level since November 2024. The sharp decline has pushed BTC into a critical risk zone, fueling speculation on whether the breakdown is temporary or signals a deeper correction. In this context, crypto analyst RLinda has highlighted emerging key price levels that could potentially anchor Bitcoin’s next major move. Technical analysis: Bitcoin key price levels to watch According to the analysis, Bitcoin is testing a key support range between $89,400 and $90,000, a crucial level that could determine its next major move.…

Ethena Labs has integrated Chaos Labs’ data authenticity technology, Edge Proof oracles, to strengthen the risk management framework for its synthetic dollar token USDe. Edge oracles will independently verify the total dollar value of the USDe’s reserves and the reserve coverage of USDe’s supply and confirm that reserves are governance-approved and delta-neutral. Chaos Labs shared the announcement exclusively with CoinDesk. USDe, a synthetic stablecoin, maintains a soft peg with the U.S. dollar through an automated delta-hedging strategy that shorts bitcoin and ether perpetual futures to offset changes in the prices of these cryptocurrencies. The synthetic stablecoin experienced volatility over the…

Between the holidays and New Years, the IRS used the last passing days of the Biden administration to finalize its long feared Broker Rule: a regulation requiring all cryptocurrency exchanges – custodial and non-custodial, fiat to crypto and crypto to crypto – to effectively subject their users to Know-Your-Customer (KYC) measures. The rule establishes that custody over funds is not necessary to be deemed a broker by the IRS, obliging “DeFi front-end services” to report trading activity via the 1099 tax form to the agency. This includes any developer of “screens, buttons, forms, and other visual elements incorporated in websites,…

Amid the latest Bitcoin correction, highly followed crypto analyst “Titan of Crypto” stresses that the asset is still in a bullish market structure. The crypto market has been in free fall over the past 24 hours amid heightened macroeconomic and geopolitical concerns. Bitcoin has plummeted nearly 11% from Monday, February 24, highs of $96,500 to three-month lows below the $87,000 price point. But amid the panic, one prominent analyst has offered a note of hope. Analyst Teases “Explosive” Bitcoin Move Amid Bitcoin’s correction, highly followed crypto analyst “Titan of Crypto” has stressed that the asset is still in a bullish…

Just a few days after the unpleasant ‘rise and fall’ of LIBRA, a meme coin backed by Argentinian president Javier Milei, another meme coin has triggered discussions in the cryptocurrency market. This time, American rapper, designer, and entrepreneur Ye, formerly known as Kanye West, is the one who is preparing to try his luck in the meme coin sector – which is already a highly saturated market. He was supposed to launch his meme coin, named YZY, on February 20. But the launch was postponed to an undisclosed date. He is facing serious criticisms for his anti-Semitic statements. The big…

Sun Xueling, the Minister of Home Affairs in Singapore, warned citizens to avoid crypto in a recent budget hearing. The country has a reputation for industry friendliness, but sophisticated crypto scams are turning some politicians’ opinions. Sun mostly framed her arguments in terms of defending citizens, but other figures were far harsher. In a Monday speech, MP Tan Wu Meng advocated for caning crypto fraudsters. Nonetheless, it may be premature to say the nation is changing policy altogether. Could Singapore Crack Down on Crypto? Over the last few years, Singapore has gathered a reputation for being a particularly crypto-friendly jurisdiction.…