Author: NBTC

Tensions between the banking sector and the cryptocurrency industry over stablecoins are growing in the US. Trade associations representing different sectors of the American banking industry have sent a letter to the Senate Banking Committee calling for significant changes to the reward and yield mechanisms included in the Tillis-Alsobrooks stablecoin agreement. According to shared information, banking institutions argued that the current draft language would “allow for circumvention” of stablecoin reward restrictions. Banks stated that the proposed regulation would incentivize customers to increase their stablecoin balances instead of bank deposits. The letter contained the following statements: “The proposed language includes exceptions…

Bitcoin is entering a period of uncertainty, as analysts present sharply divergent views on its next move. While on-chain data points to potential downside risks, institutional research suggests the market may already be stabilizing. Key Points Bitcoin faces conflicting outlooks between bearish on-chain data and bullish institutional research. Willy Woo warns of a possible drop to $46,000–$54,000 based on historical on-chain models. Weak capital inflows and recent price rejection above $70,000 indicate fading momentum. Bearish sentiment is rising, with short positions jumping by more than 52% in two days. Some analysts, including Ali Martinez, see further downside toward ~$42,100 Goldman…

Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days, as the sector’s focus shifts to actual earnings. Hyperliquid led the pack, generating $50.95 million in revenue over the period, all of which went directly to token holders with zero spent on incentives, according to data from DefiLlama. Pump.fun came in second with $22.09 million returned to holders out of $38.81 million in total revenue. EdgeX followed with $23.26 million distributed to holders from $8.26 million in protocol revenue, suggesting that the platform is drawing…

Amid geopolitical tensions in global markets and record-high stock prices, renowned investor Cathie Wood shared her views on the current state of the cryptocurrency market and macroeconomic outlook. Wood made important assessments on many critical topics, from Bitcoin’s correlation with gold to the Fed’s interest rate policies. Wood pointed out a common misconception regarding the relationship between Bitcoin and gold. He stated that analyses since 2019 have shown a correlation of only 0.14 between the two assets, noting that in past cycles, gold has risen before Bitcoin, and a similar process is currently underway. Related News Renowned Market Expert Reveals…

As the cryptocurrency market enters a new week, analysts continue to share projects that investors should keep an eye on. Analyst The DeFi Investor has published a watchlist featuring altcoins and projects expected to see significant developments in the coming days. According to the analyst’s list, one of the most notable developments of the week will be from the forecasting platform Polymarket. The project is expected to make a major announcement on March 23rd, which is considered critical to the platform’s growth strategy. In the DeFi ecosystem, Morpho stands out. The project is reportedly preparing to launch a new DeFi…

The American Bankers Association, the Bank Policy Institute, and allied trade groups are sounding the alarm over a provision buried in the Digital Asset Market Clarity Act that they say creates a backdoor for crypto platforms to offer yield on stablecoins. The concern is straightforward: if stablecoin issuers can effectively pay interest under a different name, traditional bank deposits become a lot less attractive. Section 404 of the CLARITY Act is the specific flashpoint. It permits stablecoin issuers to offer rewards based on a holder’s balance and the duration they hold, which, to the banking industry, looks an awful lot…

Elon Musk has revived his favorite Bitcoin anime character to the timeline with a modern AI twist. In the meantime, Bitcoin’s price remains firmly in the green after the cryptocurrency got a coveted mention from the centibillionaire. The latest viral interaction kicked off when X user @TxCryptoSaurus tagged Musk and challenged him to animate a famous static illustration of a Bitcoin-themed anime character. Musk quickly obliged. He replied, “Here you go,” which was accompanied by a short video of the anthropomorphized Bitcoin girl fully animated and in motion. Here you go https://t.co/TqtVljakd0 — Elon Musk (@elonmusk) March 30, 2026 The…

Following the KelpDAO-related rsETH crisis, infrastructure preferences in the DeFi ecosystem are beginning to reshape, with reports indicating that some major protocols, with approximately $2 billion in total value locked (TVL), are moving away from LayerZero infrastructure and switching to the Chainlink CCIP system. According to an assessment shared by crypto analyst Tom Wan, projects involved in this transition process include KelpDAO (approximately $1.5 billion TVL), Solv Protocol ($600 million TVL), and re ($200 million TVL). However, it was noted that major assets such as Ethereum’s USDe product, EtherFi’s weETH asset, and BitGo’s WBTC still continue to use LayerZero’s OFT…

US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to crypto,” alongside oil exports, shipping networks, and shadow banking channels. It is the first time the Treasury has named digital assets so explicitly in the context of the Iran pressure campaign, and it puts crypto squarely in the middle of a geopolitical dispute that has already been moving Bitcoin’s price for weeks. Treasury Links Crypto to Iran Sanctions Push In the post, Bessent said the Treasury, through what he called “Economic Fury,” had targeted Iran’s shadow banking system,…

Chainlink has put fresh numbers behind a familiar story: its standard is spreading deeper into the crypto stack. In its latest adoption update shared on X, the project said there were 26 integrations across 7 services and 17 different chains, spanning networks such as ADI Chain, Arbitrum, BNB Chain, Celo, Cronos, Ethereum, Gnosis Chain, Linea, Mantle, MegaETH, Plasma, Scroll, Solana, Sonic, Unichain, and X Layer. The company also highlighted a broad list of new integrations that included names such as Amundi, Denaria, edgeX, EPOCH, Forkast, Jupiter, Spiko, Venus Protocol, Zharta Finance, Zypto App, and Zypto Token. The message from the…