Author: NBTC

Mandate Details and Immediate Effect The rules landed with no grace period. As of the announcement date, VASPs operating under VARA’s jurisdiction must maintain proper books and records, keep clear audit trails for every transaction, and retain client statements that can be produced on demand. There’s no phased rollout here — the compliance requirements are effective immediately, meaning firms had to adjust their internal systems right away rather than over months. Purpose Behind the Compliance Requirements The stated goal behind this push is straightforward: better accountability and stronger risk management across the VASP sector. VARA’s framework is designed to make…

Digital asset-friendly financial institution Franklin Templeton is expanding its “off-exchange collateral program” to Bybit, allowing the exchange’s users to use shares in Franklin Templeton’s tokenized money market funds for crypto trading. The partnership allows investors and wallet holders on the exchange to pledge shares, which represent about $686 million in net assets, as collateral to borrow stablecoins USDT or USDC while earning yield on the underlying assets, according to a press release on Monday. The key point is that users will not have to move the underlying assets to Bybit. Instead, regulated custody platform ByCustody will hold the underlying assets…

Three of the four participants —21Shares, HashKey Cloud and UTXO Management— bonded $BTC under self-custody, maintaining control of their funds at all times. Sypher Capital, on the other hand, participated through liquid staking via StackingDAO, a protocol that bonds STX on behalf of the investor and matches it with $BTC, offering institutional access without managing the bonding process directly. Bitcoin Staking: Yield Without Counterparty The mechanism that makes this yield possible is Proof of Transfer (PoX), active since January 2021. Under this scheme, Stacks miners compete by sending $BTC to mine blocks, and that $BTC flow is distributed among those…

Zooming out, the backdrop is not exactly calm. Total crypto market capitalization dropped 4.34% over the past 24 hours to roughly $2.84 trillion, according to aggregated market data. The Fear & Greed Index reads 74, solidly in “Greed” territory. That is an odd combination: sentiment gauges lean euphoric while the tape itself is bleeding. Bitcoin dominance near 58.7% adds another layer, suggesting capital has not rotated aggressively into $ETH or altcoins during this pullback. The move looks more like broad de-risking than an $ETH-specific story. Daily Trend Still Points Up, Even If Momentum Is Fading The daily trend still points…

By the Numbers As it stands, the crypto market is in a state of flux with Bitcoin’s current price hovering around critical levels, where traders are closely monitoring its movements. This backdrop raises the stakes for the ECB as it contemplates the implications of Binance’s growing influence and the broader market’s reaction to its digital euro strategy. The lack of clear regulatory frameworks adds to the uncertainty, making it essential for stakeholders to stay vigilant. Binance operates as a global cryptocurrency exchange, facilitating trading across various digital assets, including Bitcoin. The European Central Bank is responsible for monetary policy within…

The Initial $XRP Long Position This whale, with address 0xa…566, first opened an initial $XRP long position at 10:34 AM UTC on Sept. 15 while $XRP was recovering from the drop to $1.38. The whale then added $1.11 million to the position an hour later. Initial $XRP Long After $XRP soared to a local top of $1.45 by 1 PM the same day, the price started correcting as the U.S. Senate failed to advance the Clarity Act, leading to massive selling pressure across the crypto market. Interestingly, the whale had already reduced his trade and closed the position at a…

The business argues that the state’s attorney general’s office is deliberately refusing to clarify the criteria for determining the legality of its updated product lines, thereby creating conditions that are impossible for the company to meet. Why Ripple pioneer believes the rules are deliberately made impossible to follow One of Ripple’s key creators drew a parallel between this case and his company’s years of experience, calling the authorities’ actions “grossly unfair” in a post on X. According to Schwartz, the government’s deliberate strategy in this case is to force businesses to play by rules under which “you cannot possibly know…

Previous analysis of the Wintermute-linked Hyperliquid short book found the same address carrying substantially larger bearish exposure in August, including shorts in $ETH, $BTC, $SOL, $HYPE and XRP. Wintermute shorts remain concentrated in Ethereum Ethereum accounted for $46.92 million of the latest reported short exposure, according to Onchain Lens. $SOL followed with an $11.30 million position, while $HYPE accounted for approximately $10.03 million. WINTERMUTE OPENS $126M IN SHORTSWintermute is short $126.25M across Hyperliquid, led by a $46.92M $ETH short.Largest positions:· $ETH short: $46.92M· $SOL short: $11.30M· $HYPE short: $10.03MThe positions are currently up ~$963.6K, while lifetime PnL stands at +$197.22M.……

Mined bitcoins are unspendable for their first 100 blocks. There has been proposals to either delay spending them for 4375 blocks (~a month), or to zero the block subsidy for a month (so miners only get paid fees and nothing more). The motive here is to deter a large batch of… — Luke Dashjr (@LukeDashjr) September 10, 2026 Luke Dashjr’s Bitcoin Subsidy Proposal Dashjr described two possible changes. The first would extend the existing 100-block coinbase maturity period to 4,375 blocks, keeping the subsidy intact while delaying when miners can spend it. At Bitcoin’s ten-minute target, that equals about 30…

That’s an extreme buildup of bearish bets. If $ETH starts pushing higher, this crowded short positioning could quickly turn into fuel for a sharp short squeeze. Source: TradingView To see whether this squeeze could happen, it’s important to see what’s driving this bearish positioning. Technically, $ETH is pressured by the big supply wall between $2,722 and $2,822, where more than 13.3 million $ETH have changed hands. Moreover, $ETH declined by about 1.5% this week after the breakout above $2.8k last week, which suggests that selling pressure is clearly intensifying. In this case, the rising shorts indicate traders are betting on…