Author: NBTC
The anticipated Cardano and XRP exchange-traded fund (ETF) applications from the U.S. Securities and Exchange Commission (SEC) have been overshadowed by political gridlock in Washington. This week, the SEC has been facing a decision deadline for three different XRP ETF applications and Grayscale’s Cardano ETF, but has not released any statements. Due to the ongoing US federal government shutdown since October 1st, the SEC is operating at limited capacity, and ETF approval processes have been temporarily halted. Andrew Jacobson, a legal advisor for Halliday and former global head of legal at 21Shares, said in a statement that he expects the…
Cars produced by the Chinese automaker Geely and its local subsidiary in Belarus can now be purchased using cryptocurrencies. Customers will be getting the same prices and promotions, with the added benefit of using digital coins to make the payment through instant conversion to Belarusian fiat. Cryptocurrencies accepted for Geely and Belgee cars in Belarus A car dealership in Minsk, the capital city of Belarus, has launched a new service allowing buyers to spend cryptocurrency on their new vehicle. Tochka, the auto retailer, is offering the alternative payment option in collaboration with WhiteBird, one of the oldest licensed crypto platforms…
Circle (CRCL), the firm behind the $76 billion stablecoin USDC$0.9998 is inching closer towards launching its payments-focused Arc blockchain, starting a test phase with a wide roster of institutional partners. The firm said on Tuesday it has deployed Arc’s public testnet version, allowing over 100 financial institutions, asset managers and tech firms already involved, such as Visa, HSBC, BlackRock and Anthropic. “Combined, these companies reach billions of users, move, exchange, and custody hundreds of trillions in assets and payments, and support local economies across Africa, the Americas, Asia, Europe and the Middle East,” said Circle CEO Jeremy Allaire. The move…
Ethereum (ETH) has started November with quiet optimism, climbing nearly 1% to trade around $3,875. Whale wallets have begun adding to their holdings again, signaling renewed confidence in a potential recovery. But that optimism may be short-lived. A looming death cross could challenge buyers — and decide whether this early momentum can hold or fade. Whales and Retail Investors Fuel Early Optimism Ethereum whales are buying again, a pattern that resumed right before Halloween. On-chain data shows their combined holdings have grown from 100.89 million ETH to 101.09 million ETH in the past 48 hours. It represents an increase of…
In a bold move signaling a strong commitment to the future of digital finance, Nasdaq-listed SEGG Media (SEGG) has announced a substantial Web3 investment program. This ambitious initiative, valued at $300 million, is set to significantly impact the cryptocurrency and tokenization landscape. For those following the evolution of blockchain technology, this strategic allocation marks a pivotal moment, positioning SEGG Media at the forefront of innovation. What Drives SEGG Media’s Bold Web3 Investment? SEGG Media’s decision to embark on such a significant Web3 investment reflects a growing trend among traditional companies recognizing the immense potential of decentralized technologies. The company’s vision…
President Donald Trump is expected to appoint Michael Selig. The Chief Counsel of the SEC Crypto Task Force is the next Chairman of the Commodity Futures Trading Commission (CFTC). This move is seen as another major step toward integrating digital assets into the U.S. financial system. The announcement drew swift reaction across the crypto and policy community. David Sacks, Chair of the President’s Council of Advisors on Science and Technology, praised the decision. He is calling Selig “deeply knowledgeable about financial markets and passionate about modernizing regulation.” President Trump has made an excellent choice in Mike Selig to lead the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The crypto industry has an infrastructure problem that’s rarely discussed directly: we’ve been building financial systems on blockchains that weren’t designed for finance, which requires us to rethink blockchain architecture. Summary General-purpose blockchains struggle with finance. Sequential execution creates bottlenecks; financial transactions need parallel processing to scale efficiently. Composability drives ecosystem value. Shared infrastructure primitives allow protocols to build on each other, reducing fragmentation and enabling capital-efficient, yield-bearing products. Institutional adoption requires infrastructure, not just features. Permissioned…
At 5pm today in Virginia, Strategy (formerly MicroStrategy) founder Michael Saylor will present his company’s earnings as of the third quarter (Q3) 2025 and beyond any unexpected surprises, investors are looking for answers to several questions. First, they would appreciate an update on the company’s re-application for its common stock (MSTR) to join the S&P 500 index and benefit from that index’s multi-trillion dollar passive flows. On September 5, the committee overseeing the S&P 500 index declined to add Strategy, despite the company qualifying on all technical metrics. If Strategy maintains S&P’s qualification criteria, the committee’s next quarterly meeting could…
The United States Department of Justice (DOJ) has indicted two men, Abdullah At Taqi and Mohammed David Hashimi, for conspiring and attempting to provide material support to the Islamic State of Iraq and al-Sham (ISIS), a designated foreign terrorist organization, using Bitcoin, PayPal, and other forms of electronic currency. According to reports, the two suspects were arraigned and convicted in a federal court in Brooklyn, New York. The duo was convicted by a jury on all charges of an indictment charging them with conspiring and attempting to provide material relief to the terrorist organization. In addition, Hashimi and At Taqi…
The DEX has signed a strategic collaboration with Ondo Finance. BNB Chain users can access over 100 tokenized US stocks and ETFs from today. PancakeSwap has offered zero trading fees for the first month. PancakeSwap has teamed up with Ondo Finance to bring over 100 tokenized stocks and exchange-traded funds into the BNB Chain. Starting today, users on the Binance platform can buy or sell digital representations of top US bonds, stocks, and ETFs, all pegged 1:1 to the underlying securities. According to Ondo Finance CEO Nathan Allman: Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized…