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Author: NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration

U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the "public good" of securities disclosures on Friday to point specifically at the crypto industry as a problem area. Gensler, whose tenure atop the agency has been marked by a legal crusade against what he argues is a largely noncompliant industry, suggested that digital assets businesses are among those seeking to "whittle away at the SEC's disclosure regime," which requires companies to register securities and provide information to investors about them. "There are participants in crypto securities markets that seek to avoid these registration requirements," he said in…

Regulation

Private credit protocols allocate 40% of loans for automotive sector: CoinGecko

Researchers at CoinGecko say 42% of loans from private credit protocols focus on emerging markets, particularly in the automotive sector. Private credit protocols — like Centrifuge and Goldfinch — allocate over 42% of their outstanding loans to a car financing, CoinGecko has revealed in a recent research report, adding that the sum is totaling more than $196 million in active loans. The surge in auto loans, which reached over $168 million across 60 loans in the past year, is primarily driven by borrowers mainly located in emerging markets like Africa, Southeast Asia, Central America, and South America. Blockchain-powered active loans…

Markets

New RWA Tokenization Platform Adds Shiba Inu Payments

Planet ReFi, an emerging platform for tokenizing real-world assets (RWA), has declared support for Shiba Inu payments. The Planet ReFi team disclosed this move in a recent post via its X account, announcing support for three tokens, including Shiba Inu. In particular, the team has added SHIB, Fantom (FTM), and Zignaly (ZIG) to its real-world asset “Plug and Play” utility program. Exciting news as we continue to BUIDL!🔥$FTM, $ZIG and $SHIB – these tokens are also now added to be part of our revolutionary RWA "Plug & Play" Utility Program. Their communities will get to: • Buy the Limited Edition…

Altcoins

US judge rules in favour of FTX users against defunct Silvergate Bank

A San Diego federal court judge has merited a class action by FTX users against the defunct Silvergate Bank for its role in aiding fraud against them before the exchange collapsed. Judge Ruth Bermudez Montenegro declined Silvergate’s dismissal motion, finding the class action sufficiently justified for the bank’s dealings with FTX and its trading firm, Alameda Research. In an order dated March 20, the judge agreed with the class group that Silvergate was aware of FTX fraud. The class group had alleged that Silvergate unjustly benefited by aiding fraud at the expense of FTX users. The bank had denied the…

Regulation

While Bitcoin is Preparing to Break a New Record in Its History, What Do Historical Data Say for March?

With its impressive rally, Bitcoin's ATH, which was seen in November 2021, blinked to $ 69,000 and broke new records. At this point, Bitcoin closed its 6th consecutive monthly candle in green. If Bitcoin loses March with a green candle, it will be the first 7-month green candle series in BTC history. While BTC closed February with a 47% increase, Glassnode analyst, who uses the nickname Checkmate, stated that Bitcoin experienced the biggest increase in dollar terms. ” Unreal… In February 2024, Bitcoin printed a candle of $19.84K, the largest monthly US dollar gain in history.” This added $390 Billion…

Bitcoin

4 Reasons Why A Smart Bitcoin Investment Makes Sense for Your Child’s Future

Cryptocurrencies are no longer on the fringe of finance, and some parents are exploring them as an investment to build their children’s future nest egg. A recent survey found that nearly half (45%) of US parents who own cryptocurrency are already investing it in their children’s future, with 40.6% more planning to join soon. CouponBirds surveyed 1,046 parents in the US between January and March this year, exploring their views on investing in crypto for their children. The top reason for these parents to buy crypto for their kids was the potential for future growth. However, education and currency debasement…

Markets

VeChain and UFC Partner for Sustainability and Ocean Conservation

VeChain and UFC partner to realize a sustainable world. Bruce Buffer UFC Octagon announcer highlights the partnership’s ocean conservation focus. VeChain poised for greatness, celebrating milestones and eyeing price ATH. VeChain is thrilled to share the highlights of its successful partnership with Ultimate Fighting Championship (UFC). Both parties are working together to realize a sustainable world. Recently, VeChain and UFC fans came together at UFC 299. Amidst the excitement, UFC Octagon announcer, Bruce Buffer, expresses enthusiasm for the VeChain and UFC partnership, citing sustainability as a crucial focus. Buffer emphasizes the importance of supporting organizations aligned with his passion for…

Altcoins

Unabomber Prosecutor to Conduct FTX Probe Into Law Firm Sullivan and Cromwell’s “Conflicts of Interest”

Unabomber prosecutor Robert J. Cleary has been given the green light by a U.S. bankruptcy judge to probe law firm Sullivan and Cromwell’s potential conflicts of interests in relation to FTX, according to a Wednesday court filing. What Will Cleary Find in FTX Probe? Cleary’s appointment by Judge John Dorsey marks a key shift in the examination of the FTX’s collapse, formally reversing his rejection of an independent examiner in February 2023. Sullivan and Cromwell spearheaded the doomed crypto exchange through its Chapter 11 bankruptcy proceedings and has since charged over $170 million for its services. Do you have Unabomber…

Regulation

Bitcoin (BTC) 25% Drop in Cards, Historical Data Shows

No Bitcoin (BTC) cycle has reached its peak without undergoing double-digit corrections, as pseudonymous trader @CryptoJelleNL has noted. All of them were spicy buy opportunities, but their patterns are changing cycle by cycle. Bitcoin (BTC) dropping by 20-25% would open "buy-the-dip" opportunity Bitcoin (BTC), the largest cryptocurrency, might see at least one double-digit correcton on its way to a new price high. Once it drops by 20-25%, an opportunity window opens for BTC bulls, as explained by a seasoned crypto investor who goes by @CryptoJelleNL on X. Corrections are an essential part of a #Bitcoin bull market -- but with…

Bitcoin

Whales scoop Ondo Finance (ONDO) following BlackRock’s latest RWA move

Ondo Finance (ONDO) has recorded substantial growth lately, maintaining bullish trends over the past week after a 45% surge. Amidst the optimism, Santiment’s data shows an uptick in large ONDO transactions. Token transfers worth over $100K climbed to 91 from 68 within the past day. The uptick in market-moving transactions follow the latest developments about BlackRock venturing into the RWA sector by launching a tokenized digital fund. The surged whale activity matches the substantial decline in the token’s supply on crypto exchanges. Santiment shows the metric slumped to 529.6 million from 536.64 million over the last 24 hours. That confirms…

Markets