Author: NBTC
Key Takeaways Exodus Movement, a crypto wallet provider, acquired Baanx and Monavate for $175 million. This marks Exodus’s transition from a wallet-only platform to a full digital payments provider. Exodus Movement, a self-custodial cryptocurrency wallet provider, today announced the acquisition of digital banking firm Baanx and fintech solutions provider Monavate for $175 million. The deal positions Exodus to transition from a wallet-focused company to a comprehensive digital payments provider. Baanx specializes in digital banking and crypto solutions, focusing on secure self-custody for buying, spending, and borrowing against digital assets. The acquisition enables Exodus to expand its payment capabilities within the…
Ethereum price struggles below $3,000 with buyers defending $2,750–$2,800 support. Open interest rises as leveraged longs increase, raising volatility risk. Fusako upgrade sparks interest, but market remains cautious amid outflows. Ethereum price remains under pressure after a week of sharp declines, institutional outflows, and renewed macro uncertainty. The cryptocurrency has attempted several intraday rebounds, but none have been strong enough to shift the broader downtrend. As investors assess shifting liquidity conditions and await the upcoming Fusako upgrade, the key question is whether Ethereum (ETH) is preparing for a relief rally or bracing for another leg lower. Selling pressure meets fragile…
Coinbase’s stock has quietly risen 4.15% in recent weeks — and not because of a new Bitcoin rally or a regulatory breakthrough. Instead, investors are reacting to something few expected from a crypto exchange once criticized for its carbon footprint: a push into green finance.—According to Carbon Credits, Coinbase is preparing to roll out tokenized carbon credits and ESG-aligned digital asset products, signaling a shift toward sustainability-driven finance. The move arrives at a moment when corporations, asset managers, and even governments are racing to meet decarbonization goals — and investors are rewarding companies that build toward that future.From Energy Guzzler…
Ohio Senator JD Vance recently made headlines with a bold statement about cryptocurrency. He said, “We fired Gary Gensler, and we will fire anyone like him who’s against the growth of crypto!” This shows that Vance wants to protect and support the crypto industry in the U.S. Gary Gensler is the current chair of the U.S. Securities and Exchange Commission (SEC). He is known for strict rules on cryptocurrency. Under his leadership, the SEC has investigated and fined many crypto companies. Moreover, his main focus has been to protect investors and make sure crypto projects follow the law. However, some…
Crypto exchange KuCoin said it registered with Australia’s financial intelligence agency, Austrac, as a digital currency exchange (DCE), allowing it to legally offer crypto exchange services in the country. The registration means the trading platform can now operate under formal oversight in a market where regulators have tightened scrutiny of offshore platforms. While the registration is not a license per se, it is a legal requirement for any firm providing digital currency exchange services in Australia. The timing of KuCoin’s registration comes as Australia’s financial regulators step up efforts to bring crypto activity under existing financial services laws. The Australian…
Thirteen years ago today, Bitcoin experienced its first halving event, reducing the miner block reward from the original 50 BTC to 25 BTC. Now, with Bitcoin (BTC) having completed four halving events and block rewards standing at just 3.125 BTC, the mining industry is continuing to transform, with industrial miners consolidating and diversifying into AI. At the same time, a niche trend of solo mining is emerging, according to Bitfinex analysts who spoke to Cointelegraph. “Despite the new spike in more industrial Bitcoin mining, we would like to underscore the new wave of solo miners and how hobbyist miners are…
Ethereum price bounced almost 10% from this week’s lows near $2,600, and the price is up about 1% today. The move looks positive, but the recovery may not last. Two major bearish signals have emerged simultaneously. Together, they threaten to end the bounce before it grows. Holder Selling Surges 300% as a Death Cross Forms Two connected signals now point to deeper weakness. The first comes from long-term investors, often called hodlers. These are wallets that usually hold ETH for more than 155 days. When hodlers increase their selling, it usually shows fear or a shift in long-term belief. On…
Stocks rose slightly on Monday as Wall Street opened on a positive note, with Paul Tudor Jones saying he sees stocks hitting new record highs before a blow-off top. Summary U.S. stocks edged higher on Monday as investors continued to look past the government shutdown. Paul Tudor Jones told CNBC that stocks could rally more before a blow off top. Gold and Bitcoin also edged up amid bullish sentiment around safe haven assets. The Dow Jones Industrial Average gained 76 points, while the S&P 500 and Nasdaq Composite added 0.3% and 0.5%, respectively. Fresh gains for the S&P 500 and…
President Donald Trump and his family have reaped hundreds of millions from their venture into crypto, in what a report from Democrats on the House Judiciary Committee characterized as exploitation of the president’s political power for personal gain. “We don’t know where all the money is coming from yet, but America has never seen corruption on this scale take place inside the White House,” said Representative Jamie Raskin, the ranking Democrat on the committee that oversees the U.S. legal system. The report released this week from the minority party “shows how Trump’s so-called ‘pro-crypto agenda’ is just one more Trump…
In a stunning market event that caught traders by surprise, USDC experienced an unprecedented price spike on Bithumb, briefly reaching 6,120 won before rapidly correcting. This dramatic fluctuation highlights the volatility that can occur even with stablecoins designed to maintain consistent value. What Caused the USDC Price Spike on Bithumb? The USDC price spike occurred at approximately 1:08 a.m. UTC, when the stablecoin’s value surged to 6,120 won (about $4.43) on the South Korean exchange. This represents more than four times its typical trading value. Market analysts suggest several potential causes for this unusual USDC price movement: Technical glitches in…