Author: NBTC

US President Donald Trump’s administration remains committed to passing the CLARITY Act in September despite the Senate’s decision to delay action until after its August recess, according to the White House’s top crypto policy official. Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said Tuesday on X that the administration would continue negotiating with Democrats “all the way up until the September vote,” adding, “we also can’t afford to wait forever.” The Senate is expected to hold a cloture vote on the bill in mid-September, a procedural step that would require 60 votes to advance…

The resignation of BitMart Chief Product Officer Terence Lee has stoked speculation online that the soon-to-be-shuttered crypto exchange could well be insolvent. In a statement, posted online, Lee claims that he wasn’t “responsible for the exchange’s core business,” and that he’s not involved in BitMart’s “operations, management, or asset-related matters of the company or any of its affiliated entities.” He also stressed that he has “no authority over platform assets, accounts, or matters relating to user funds” and said that he wouldn’t comment on any legal proceedings, calling his resignation “my sole public clarification on this matter.” Crypto streamer Travladd…

Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel. Bitcoin price rebounds above $64,000 According to data from crypto.news, Bitcoin ($BTC) price traded near $64,100 late Tuesday, recovering from an intraday low around $63,300 and extending its rebound from the $62,400-$62,500 support area. The daily chart showed $BTC closing above the 61.8% Fibonacci retracement level at $63,496. Holding this threshold would keep the recovery structure intact and allow buyers to target the 78.6% retracement at $65,026. Bitcoin price daily chart — Aug.…

The crypto market surged after President Trump urged Congress to pass the Clarity Act on August 20, 2026, pushing Ethereum price now to $2,405.51. The broader market cap climbed 5.66% to roughly $2.6 trillion, with sentiment firmly in Greed. Momentum and exhaustion sit side by side. $ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways $ETH trades at $2,405.51 on August 21, 2026, after a broad market rally triggered by regulatory headlines. Daily RSI has reached 86.31, an extreme overbought reading that historically precedes a pause or pullback. The 1H MACD histogram has turned negative, signaling intraday momentum…

An on-chain wallet suspected of belonging to an insider has transferred an additional 10.5 million $LAB tokens to the Aster exchange, valued at approximately $9.15 million at the time of the transaction. This marks the second large deposit from the same address within a 22-hour window, bringing the total transferred over the past 24 hours to $18.69 million. Pattern of Large Transfers Raises Red Flags Blockchain analyst @ai_9684xtpa first flagged the wallet’s activity after the initial transfer last night, which was followed by a sharp decline in the price of $LAB tokens. The repeat deposit suggests a deliberate strategy to…

“We view this as the first of several rulemakings the SEC will undertake to provide regulatory certainty for crypto assets after the Senate failed before the August recess to advance the Clarity Act on crypto market structure,” TD Cowen analyst Jaret Seiberg wrote in a client note sent after the SEC’s notice. The proposal is expected to give a path to crypto firms enabling them to raise capital for projects without triggering SEC registration requirements, and the businesses are also expected to be provided an exit path for getting clear of the agency’s jurisdiction when they’re not engaged in hands-on…

Binance, the world’s largest cryptocurrency exchange, has transferred more than 490 billion Shiba Inu ($SHIB) in a single transaction. According to blockchain analytics platform Arkham Intelligence, the exchange moved 498,891,481,684 (498.89 billion) Shiba Inu tokens, worth approximately $2.25 million at the time, on August 11. Binance Moves 498B $SHIB tokens Binance Transfers 498 Billion $SHIB to Cold Wallet The transaction involved Binance moving 498.89 billion $SHIB from one of its hot wallets to a cold wallet. Exchanges commonly move assets between hot and cold storage as part of their security and custody practices. Hot wallets remain connected to the internet,…

Ethereum continued its strong rally Friday as institutional inflows, renewed derivatives activity, and whale accumulation supported prices following a historic wave of short liquidations. $ETH has climbed approximately 25% since Wednesday, pushing above several major technical indicators and bringing the $2,431 resistance level into focus. Ethereum’s rally comes as Bitcoin added 21% to its value in the last few days to hit the $75,000 psychological level. However, elevated funding rates, profit-taking, and new short positions suggest the rally could encounter volatility as traders weigh the possibility of a pullback. Historic $3 billion short squeeze fuels Ethereum rally The cryptocurrency market…

Even in times when $XRP and the company behind it were not in good shape in their home country, Japan has long stood out as a major ally. However, the most recent regulatory and institutional developments suggest that the country could play an even bigger role in their future. Over the past several months, Japan has accelerated efforts to modernize its digital asset framework and has proposed legal reforms to classify many cryptocurrencies as financial instruments, paving the way for spot ETFs. It also introduced a more investor-friendly tax regime. Although the legislation still needs to complete the entire process…

South Korea is nearing an Aug. 11 deadline for public comments on proposed crypto seizure rules that could give exchanges just seven days to disclose customer holdings once served with a court order. The Supreme Court’s proposed amendments to the Civil Execution Rules would create a standardized process for creditors to freeze, identify and liquidate virtual assets held by debtors. If finalized on the current timetable, the rules are expected to take effect Oct. 1. That would leave exchanges and other virtual asset service providers roughly seven weeks after the consultation closes to prepare for a more formal role in…