Author: NBTC

Bitcoin ($BTC), Ethereum ($ETH) and $XRP remained under pressure on Friday as the broader cryptocurrency market extended its weekly decline. Bitcoin has lost more than 4% this week and trades below $77,000, while Ethereum and $XRP have fallen approximately 2.5% and 5%. $ETH recently faced rejection at a major resistance level, while $XRP’s break below its 200-day exponential moving average points to a weakening near-term outlook. Despite Bitcoin’s pullback, its position above several important moving averages suggests that the broader bullish trend remains intact. Bitcoin price drops more than 4% this week Bitcoin is trading around $77,150 on Friday after…

Warren Davidson recently criticized central bank digital currencies (CBDCs), calling them ‘communist money for the digital age.’ His comments, made on Twitter, highlight concerns about government control over personal finances and access to funds. Davidson’s statement raises significant implications for the ongoing discourse surrounding digital currencies and their role in society. Source What Went Down The crypto market is currently navigating mixed signals, with various assets exhibiting different momentum patterns. Davidson’s remarks on CBDCs come at a time when discussions about their implementation and regulation are intensifying, particularly within the context of financial freedom. His assertion that programmable money could…

Arc mainnet is now live, and Circle isn’t exactly starting small. The open Layer 1 blockchain for financial markets and agentic activity launched with more than 100 applications and over 100 institutions and ecosystem builders already live. Arc Mainnet Lands With Major Validators The founding validator list includes BlackRock, DTCC, Galaxy, ICE, Mastercard, SBI Group, Standard Chartered and Visa. Arc uses $USDC for gas and offers sub-second finality, putting stablecoin-based transactions directly into the network’s core infrastructure. Circle also completed the genesis mint of 10 billion $ARC tokens. There’s an important catch, though: Circle said the mint doesn’t commit it…

Mike Selig, Chairman of the US Commodity Futures Trading Commission (CFTC), announced that the time has come to take action on new regulations for the cryptocurrency market. In an interview with CNBC, Selig stated that the CFTC is working on rules for structuring the cryptocurrency market within its existing powers. This announcement comes just eight days after the Senate blocked the Crypto Act (CLARITY Act). CFTC’s New Regulatory Steps Selig argued that the CFTC could act even without congressional approval. In this process, one of the priorities the CFTC has identified for new regulations is futures contracts (perps). The CFTC…

KuCoin has rolled out a new stablecoin yield product, and it’s arriving at a moment when crypto exchanges are racing to give idle stablecoins a job to do. Launched on September 7, the KuCoin stablecoin yield product, called KCUSD, promises returns on $USDT, $USDC, and $USDG holdings without charging a subscription fee, tapping into a broader push across the industry to make stablecoins earn rather than just sit. Key takeaways KuCoin launched KCUSD on September 7 as a yield-bearing product for stablecoin holders. Users can subscribe using $USDT, $USDC, or $USDG, with no subscription fee required. The base $APR is…

A recent dispute between AMC Entertainment CEO Adam Aron and Robinhood highlighted that issue, centering on whether synthetic or tokenized products may leave investors with economic exposure to a stock but without the same legal rights as registered shareholders. Issuer-sponsored models aim to narrow that gap by tying the token directly to the issuer’s records. “The architecture we establish now matters and that is why we are bringing together this group of leading firms to chart the course,” said Tom Farley, CEO of Bullish. Alpaca said it plans to contribute to interoperability between traditional securities and onchain markets through its…

Bitcoin looks weak in the short term ahead of the latest U.S. inflation data. The price is approaching an important level around $76,487. Increased selling pressure will push $BTC toward $76,232. $XRP is also weakening alongside Bitcoin. It is now around $1.32 after breaking several support levels below. This shows that traders remain cautious and are keeping money in safer assets rather than moving into altcoins. Bitcoin Will Test $76,487 Bitcoin started the week trading between the high-$78,000s and $80,447. On Tuesday, $BTC briefly moved above this range but failed to hold the breakout. The price fell back, confirming that…

ProShares has filed for a bond ETF that offers exposure to AI hyperscaler debt. This move was confirmed by CryptoTwitter commentator James Seyffart, who shared the news on social media. The filing could attract significant investor interest, especially as tech debt becomes a focal point in investment strategies. The Story So Far The filing for the bond ETF by ProShares arrives at a time when the broader crypto market displays mixed signals. While mainstream assets are experiencing varied momentum, the intriguing focus on AI hyperscaler debt might cater to a niche yet growing market segment. Investors are likely to watch…

Evernorth CEO Ashish Birla said $RLUSD’s expansion on the $XRP Ledger is central to deepening liquidity across the network, describing the dollar-backed stablecoin as “paramount” to $XRP’s broader ecosystem. He said $RLUSD’s share of $XRP Ledger supply climbed from roughly 20% to 34%, a jump he called 642% growth. Birla tied that growth directly to how global finance already operates. “Almost every financial product, equities, gold, and so forth, is usually paired and settled with US dollars,” he said, arguing a high-quality dollar stablecoin on the ledger is fundamental to building deeper order books, both on the $XRP Ledger’s native…

New York Attorney General Letitia James is suing prediction markets platform Polymarket for offering contracts related to sporting events. On Thursday, New York state officials filed a lawsuit against Polymarket, alleging that the company’s prediction market event contracts violated state gambling laws. The lawsuit followed a similar action against Kalshi in July and litigation against prediction market platforms run by Coinbase and Gemini in April. Thursday’s filing cited Polymarket’s sporting event contracts on its mobile app launched in December 2025, including its advertising practices to New Yorkers. According to the filing, state officials could also seek to block the platform…