Author: NBTC

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…

A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack, asking for additional information ahead of a new hearing in June. Aave has sought to use $71 million in ETH that Arbitrum froze to assist with recovery efforts following the Kelp DAO hack, one of the worst DeFi hacks this year. However, US law firm Gerstein Harrow LLP filed a restraining notice at the start of May, arguing its clients have a claim to the funds. Aave then filed an emergency…

One widely watched indicator for assessing whether the crypto market is in a bullish or bearish phase is the ether-to-bitcoin ($ETH/$BTC) ratio. On Tuesday, the ratio fell to 0.02835, its lowest level in 10 months and the weakest reading since July 2025. The decline comes as ether dropped more than 2% on Tuesday, compared with bitcoin’s decline of just over 1%. The $ETH/$BTC ratio is now down more than 35% from its August high of 0.04324. The $ETH/$BTC ratio measures ether’s relative performance against bitcoin across crypto exchanges and is considered a key gauge of market risk appetite. A rising…

CME Group and ICE urged US regulators to scrutinize Hyperliquid for manipulation and sanctions risks on May 15. CME and ICE warned that Hyperliquid’s anonymous, round-the-clock perpetual futures trading could distort global commodity benchmarks, particularly in oil markets. The exchanges also flagged risks of insider coordination and sanctions evasion by state-linked participants exploiting the platform’s permissionless structure. Hyperliquid holds a market capitalisation of approximately $10.3 billion, making $HYPE the 13th-largest crypto asset globally. At its April 2025 peak, the platform accounted for roughly 70% of the on-chain perpetual futures market. $HYPE falls as Wall Street targets DeFi perp venue The…

Base creator Jesse Pollak announced on May 13 that the x402 payment protocol now supports batched settlement, in an X post. x402 now supports batched settlement this unlocks many many tiny tiny payments (<$0.0001) which is perfect for paying for just in time resources like compute and inference https://t.co/V6Kjz9jqHQ — jesse.base.eth (@jessepollak) May 13, 2026 The update bundles many transactions together before settling them on-chain, spreading the blockchain fee across multiple payments. Per-transaction settlement on Base already costs fractions of a cent, but batching makes sub-fraction-of-a-cent pricing economically rational for high-frequency AI workloads. As Cryptopolitan reported last week, Amazon Web…

Bitcoin slipped on Thursday alongside U.S. equities as investors weighed conflicting accounts regarding Iran leadership’s willingness to negotiate an end to the conflict in the Middle East. The digital asset recently changed hands around $69,170, a 2.3% decrease over the past day, according to CoinGecko. Bitcoin had dipped closer to $68,000 earlier in the afternoon before ticking back up. Meanwhile, Ethereum had fallen 4.4% to $2,070, while Solana fell 5% to $86. The drops pushed all three cryptocurrencies into negative territory on the week. Mirroring Wall Street declines, the S&P 500 closed 1.7% lower on the day. The tech-heavy Nasdaq…

M3 DAO, a cutting-edge DeFi infrastructure platform, has partnered with GamePad, a well-known Web3 infrastructure entity. The collaboration is poised to fortify the architecture backing scalable DeFi operations. As per M3 DAO’s official social media announcement, the collaboration underscores a mutual vision to advance next-gen DeFi mechanisms that can evolve, adapt, and execute continuously on-chain. 🤝 Partnership Announcement: M3 DAO x GamePad. coThe next phase of DeFi won’t be built on static contracts.It’ll run on systems that can execute, adapt, and evolve continuously on-chain.That’s why M3 DAO is excited to collaborate with @gamepad_co — building the execution… pic.twitter.com/MuTNG2T65v — M3…