Author: NBTC

Bitcoin is approaching a decisive technical point after failing to sustain its September advance above $82,000. The token has since pulled back to around $76,900 as sellers regained control following the latest rejection. Source: TradingView That retreat has brought Bitcoin back toward a crucial area on the daily chart. The advance had followed roughly 32 days of upward delivery from the August low near $62,200, but momentum has now weakened. As a result, price is testing a daily Change in State of Delivery, or CISD, near $77,150. A decisive move around this level could determine whether the recent rally remains…

The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers to DeFi loans. Its September 24 response calls for a cost-benefit analysis of possible duties for intermediated borrowing and lending, and for crypto-asset service providers (CASPs) that give clients access to DeFi lending through interfaces or products. A loan can run on an on-chain protocol while a company supplies the app that brings a customer to it. The EBA’s recommendation puts that company-controlled route within the Commission’s review, and it is a request to assess legislation, so the EBA’s response…

The world’s largest asset manager, BlackRock, says broad AI adoption could represent an underappreciated source of demand for digital assets. In its latest research paper, “The Machine-Native Economy,” BlackRock said the rise of AI and machine-to-machine payments could increase demand for blockchains and other programmable payment infrastructure, including stablecoins and other on-chain assets. It also sees a potential opportunity for digital assets to support the compute market, allowing claims on computing capacity to be tokenized, traded and used as collateral. “Together, these developments position AI as a structural catalyst for digital asset adoption and digital assets as a potential facilitator…

The Neo Council has launched Operation Meteor, an open call for community input into a structured process to define Neo’s strategic market focus for 2026-2031. The initiative, announced by COZ on Sept. 15, evaluates potential market opportunities against 16 formal criteria scored by Council members, with two participation windows open through Sept. 25. Operation Meteor is the public-facing phase of the broader Meteor initiative, which NNT first covered in August as a structured attempt to establish a unified product strategy. The process is designed to produce a ranked shortlist of market opportunities, not a single winner-take-all outcome, through transparent, evidence-led…

Central Bank of Brazil Eyes Self-Custody Wallets In New Resolution The Central Bank of Brazil has issued a new resolution to deepen oversight of self-custody wallets and the funds Brazilian users keep under their direct control. On Wednesday, the Central Bank of Brazil issued Resolutions 588 and 589, which collectively amend previous rules on applying anti-money laundering and terrorism financing (AML/TF) controls, strengthen reporting requirements for virtual asset service providers (VASPs), and close the Brazilian crypto system to unauthorized service providers. Resolution 588 requires institutions authorized to operate by the central bank to report operations “relating to transfers of virtual…

Iran’s central bank has quietly encouraged traders to bring overseas earnings home using cryptocurrencies, including Tether’s $USDT and bitcoin BTC$79,078.24, as it seeks to keep trade flowing under tightening U.S. sanctions. Businesses said authorities have eased foreign-currency controls in recent months, allowing traders to settle cross-border transactions through Iranian crypto exchanges, the Financial Times reported citing regime insiders and analysts The reported shift addresses a longstanding obstacle for exporters. Previously, businesses had to return a large share of their foreign earnings through a government-run platform at official exchange rates that were often below market rates, giving them an incentive to…

Chainlink’s co-founder Sergey Nazarov participated in the Federal Reserve Fintech Conference, engaging with financial leaders like BlackRock and Vanguard. This event underscores the increasing interest in blockchain technology within traditional finance. As the conversation around blockchain adoption continues to evolve, Nazarov’s involvement signals a significant step towards integrating decentralized technology in mainstream finance. For more details, check the official announcement here. The Key Development At the Federal Reserve Fintech Conference, Sergey Nazarov joined industry titans to discuss the trajectory of blockchain adoption across financial sectors. This gathering brings together influential figures from renowned firms, showcasing the growing intersection between traditional…

AlphaFi is winding down its Sui-based lending protocol AlphaLend after an ALPHA oracle misconfiguration created bad debt, with the Sui Foundation stepping in to support its solvency, Sui said Friday. AlphaFi said certain loans backed by ALPHA had become substantially undercollateralized. “That bad debt has now been fully covered,” the team said. “The protocol is solvent, and all user funds are safe.” The protocol is in maintenance mode: new deposits and loans are disabled, while withdrawals remain open. Existing borrowers are being told to unwind their positions and withdraw their assets. DefiLlama recorded about $63.5 million in total value locked…

Circle Foundation has awarded its first U.S. grants to Accion Opportunity Fund and Pacific Community Ventures on Sept. 22, backing AI-enabled lending and data infrastructure for underserved small businesses. Circle announced the grants during the Clinton Global Initiative Annual Meeting in New York, identifying both recipients as Community Development Financial Institutions serving small-business owners who can struggle to obtain financing through traditional channels. Circle did not disclose the dollar amount of either grant. The new awards are Circle Foundation’s first domestic philanthropic grants. Its first international grant was announced in January for the United Nations Digital Hub of Treasury Solutions,…

Franklin Templeton’s $XRP exchange-traded fund has recorded another round of fresh investor demand, with XRPZ attracting roughly $3.5 million in net inflows. The Franklin $XRP ETF was the only $XRP fund to record positive flows for the day, according to the latest fund-flow data. More precisely, separate SoSoValue data put XRPZ’s Sept. 16 net inflow at $3.5013 million. The fund has now accumulated roughly $483 million in net inflows. CoinGlass data supplied for the preceding sessions shows that $XRP ETFs recorded $2.73 million in net inflows on Wednesday, with the entire amount attributed to Franklin’s XRPZ. There were no net…