Author: NBTC

Current Federal Reserve chair Jerome Powell will continue to stay on the central bank’s board as Governor after his term ends in May. Speaking at a press conference following the central bank’s decision to hold interest rates steady at 3.5%-3.75% on Wednesday, Powell voiced concerns about the legal action against the central bank, saying it is causing him to stay, even though he plans to keep a “low profile.” “I worry that these attacks are battering the institution and putting at risk the thing that really matters to the public, which is the ability to conduct monetary policy without taking…

Ripple’s CTO Emeritus, David Schwartz, has publicly shared the first email he received that had a mention of the word “$XRP.” David Schwartz, Ripple’s former Chief Technology Officer and now CTO Emeritus, recently shared an early moment from $XRP’s history. Specifically, he revealed the first email he ever received that mentioned $XRP, which dates back to February 2013, a time when the technology was still in its early stages. Key Points David Schwartz revealed that the first $XRP-related email he received came in February 2013, during the earliest phase of the $XRP Ledger after its mid-2012 launch. Vinnie Falco requested…

The CLARITY Act’s bipartisan 15–9 Senate Banking vote moves a bill that could finally split SEC–CFTC jurisdiction and give crypto its first bespoke market‑structure law, a16z argues. According to a16z, the CLARITY Act is designed to build a bespoke legal framework for blockchain networks and digital assets, rather than force them into structures “built for companies, not protocols.” The bill would define when a token is treated as a security, when it migrates into a commodity‑style regime, and how to split jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), ending years of turf…

Monad (MON) has announced its support for Rain, a stablecoin-focused startup that is launching a card usable at any Visa-affiliated merchant. The initiative allows users to spend Monad-based stablecoins directly for payments, with the card accepted in more than 150 countries globally. How Rain’s Card Works Rain’s card is issued through partnerships with licensed financial institutions and is linked to a digital wallet that supports stablecoins on the Monad network. When a user makes a purchase, the stablecoin is converted to fiat currency in real-time, enabling seamless transactions at Visa merchants without requiring users to pre-convert their crypto. The system…

Ethereum ($ETH) is moving towards a point that it has never faced before. The second-largest crypto is yet to print three consecutive quarters in the red in its entire history. However, that streak is now under pressure as Ether seems to be losing momentum. CoinGlass data shows that Ether posted a negative quarter 4 in 2025. Q1 2026 followed the same path, and now Q2 is underway. Traders are watching closely to see whether $ETH can avoid a historic third straight quarterly decline. Till now, it has been running up by more than 11% this fiscal quarter. Back in 2022,…

While the heyday of Cathie Wood’s investment management is, for the time being, firmly in the past, the popular ARK Innovation ETF (ARKK) has been having a respectable run in the last 12 months and unveiled its latest series of bets as recently as April 28. ARKK ETF one-year price chart. Source: Google Specifically, ARKK revealed on Tuesday that it invested a total of nearly $42 million in four stocks: Alphabet (NASDAQ: GOOG), Coreweave (NASDAQ: CRWV), Intellia Therapeutics (NASDAQ: NTLA), and Kratos Defense & Security Solutions (NASDAQ: KTOS). The purchases of NTLA and KTOS shares ranged between $6 and $6.9…

A new joint regulatory clarification from the U.S. SEC and the CFTC has classified Shiba Inu as a digital commodity rather than a security. The agencies issued the guidance yesterday to clarify how federal securities laws apply to cryptocurrencies. As a result, they placed Shiba Inu in the same regulatory category as leading assets like Bitcoin, Ethereum, $XRP, and Cardano. Key Points U.S. financial regulators, the SEC and CFTC, categorize Shiba Inu as a digital commodity, not a security. Shiba Inu now holds the same regulatory status as Bitcoin, Ethereum, and $XRP. The SEC framework prioritizes utility and function over…

The Republican chairman and top Democrat on the U.S. House Agriculture Committee are both asking President Donald Trump to name a full slate of commissioners for the Commodity Futures Trading Commission — the agency that will have a central role in regulating the crypto sector as new rules are proposed and the market structure-focused Clarity Act progresses through the Senate. Chairman Glenn “GT” Thompson, a Pennsylvania Republican, and Representative Angie Craig, a Minnesota Democrat, sent a letter to the president on Friday, urging the nomination of four more commissioners — two from each party. Currently, the agency is in the…

Injective-based $USDC is poised to become the primary stablecoin standard across the Cosmos ecosystem and the dYdX platform, a development that aims to streamline liquidity and reduce fragmentation across multiple blockchain networks. The move is supported by Skip:Go, a key infrastructure provider for Cosmos, which has already adopted Injective $USDC as its base settlement unit. Consolidating Liquidity Across Chains The decision to standardize on Injective $USDC addresses a persistent challenge in the Cosmos ecosystem: fragmented stablecoin liquidity spread across numerous independent blockchains, or zones. By establishing a single, widely accepted stablecoin standard, the initiative seeks to simplify cross-chain transactions and…

Bitcoin fell 3.6% as geopolitical tensions between the U.S. and Iran rattled global markets. The cryptocurrency dropped from a high of $71,405 to $68,123, cutting its market capitalization to $1.36 trillion and dragging the broader crypto economy to $2.43 trillion. Bitcoin Slides on Geopolitical Tensions Bitcoin once again fell victim to shifting investor sentiment amid uncertainty over a possible pause in the Middle East conflict. Barely a day after the U.S. government’s 15-point plan lifted global markets and briefly pushed bitcoin above $71,000, Iran’s rejection of Washington’s demands and counterproposals triggered the opposite reaction. Market data show the leading cryptocurrency…