Author: NBTC

Crypto exchange Kraken is launching what it calls the first regulated perpetual futures contracts based on tokenized stocks, the firm told CoinDesk. The products, available to eligible non-U.S. users in more than 110 countries, track digital versions of major U.S. stocks, indices and a gold ETF, building on the tokenized equities offering of xStocks that Kraken acquired in December. Initial listings include tokenized versions of the S&P 500, the Nasdaq 100, Apple, Nvidia, Tesla and SPDR’s gold ETF (GLD), the firm said. Kraken’s launch matters because perpetuals trading has enjoyed a rapid growth, dominating crypto derivatives trading. Blockchain-based decentralized exchanges…

Key takeaways The regulatory frameworks in Europe often conflict with the US commitment to free speech. The UK’s Online Safety Act imposes content regulations that differ significantly from US laws. Vague regulations can lead to a chilling effect on speech, particularly for risk-averse corporations. Europe focuses more on technocratic regulation, while the US emphasizes individualism. American businesses may face regulatory threats from EU preferences about speech. Extraterritoriality involves balancing European and American laws, especially online. The Online Safety Act and Digital Services Act enforce existing censorship laws on the internet. The UK has arrested more people for speech acts than…

Major Belgian bank-insurer KBC Group has teamed up with Swiss fintech firm Taurus SA to provide institutional custody services for its new crypto asset offering, according to a Tuesday statement. The collaboration will enable KBC to deploy Taurus-PROTECT, a banking-grade digital asset custody platform, as the foundation for regulated crypto trading through Bolero, KBC’s self-directed investment platform. The service launched last month, making KBC the first Belgian bank to offer crypto trading within a fully regulated banking framework. At launch, retail investors will have access to Bitcoin and Ethereum on an execution-only basis, with transactions conducted in compliance with the…

Ethereum price has held above $1,900 against the current crypto market volatility. However, a bearish crossover continues to threaten a drop below this crucial level. Summary Ethereum price approached the $1,900 support as liquidations mounted and investors moved away from risk assets. A bearish SMA crossover has been confirmed on the daily chart. According to data from crypto.news, Ethereum ($ETH) price briefly fell 12% to an intraday low of $1,930 on Monday before retracing back part of its loss as it stabilised around $2,000 at press time. Ethereum has spent the last three sessions oscillating within a tight $1,900 to…

The Dow Jones Index retreated sharply this week as geopolitical risks rose ahead of key earnings by companies like NVIDIA and Salesforce. Summary The Dow Jones Index has formed an alarming rising wedge on the daily chart. Market risks, including on Iran and tariffs, have continued rising. NVIDIA and Salesforce will publish their financial results on Wednesday. The blue-chip Dow Jones was trading at $48,805, down by over 3.3% from its all-time high. Other top indices like the S&P 500 and Nasdaq 100 also dropped by over 1%. Salesforce and NVIDIA to publish earnings this week The Dow Jones retreated…

Key takeaways The Islamic Republic of Iran prioritizes the export of Islamic doctrine over the welfare of its citizens. Iran’s governance is deeply rooted in Islamic law, which dictates all aspects of the state. The regime aims to establish Iran as a hegemonic religious authority in the Muslim world. Iran is seen as the ideological center of the Muslim world, influencing regional politics. The sectarian divide between Shia and Sunni Muslims complicates Iran’s ambitions for Islamic authority. The Islamic Republic seeks to lead the anti-Zionist movement as a unifying theme for Muslims. Iran’s reliance on Russia and China contradicts its…

Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced it will delist the Nomina token from its platform. According to the exchange’s announcement, the delisting of the NOM token will take effect on April 13th at 09:00. Bithumb management stated that the decision was made because the issues that previously led to the token being placed in the “investment alert” category could not be resolved. According to the statement, the additional documents and explanations submitted to the exchange by the foundation developing the Nomina project were deemed insufficient during the platform’s evaluation process. Therefore, the necessary conditions for the…

Bitcoin staking infrastructure developer Babylon Labs has integrated with Ledger, a cryptocurrency hardware wallet maker, in a move that could make it easier for holders to put their Bitcoin ($BTC) to work in financial applications without giving up self-custody. In a Tuesday announcement, the companies said Ledger signers will be used for Babylon’s Trustless Bitcoin Vaults, also known as BTCVaults. The vaults allow $BTC holders to lock their tokens into programmable contracts governed by onchain conditions while retaining self-custody of the underlying asset. Ledger devices will act as the secure signing layer for BTCVault transactions, enabling users to authorize vault…

Ethereum price started a fresh decline below $2,000. $ETH is now correcting gains above $1,920 and might decline further in the near term. Ethereum started a downside correction below the $2,020 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,020 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price started a fresh decline after it failed to stay above $2,020, like…

Hut 8 stock price has risen for three consecutive months and is nearing its highest level this year as the company prepares to publish its financial results. Summary Hut 8 share price has jumped for three consecutive months. The company has formed a cup-and-handle pattern. It will publish the financial results later on Tuesday. Hut 8, a top company in the Bitcoin (BTC) mining and an upcoming artificial intelligence data center industry, rose to $57, up by over 1,285% from its lowest level in 2023. This surge has brought its market capitalization to over $6.2 billion. Hut 8 has done…