Author: NBTC

Key Takeaways Inflationary pressures may resemble those of the late 1990s and early 2000s. The US economy is experiencing rapid growth, potentially leading to significant fiscal stimulus. Tax collections are a reliable economic indicator, surpassing traditional labor market surveys. The gig economy is a growing contributor to tax revenue, with a substantial impact on economic metrics. Political incentives could drive increased fiscal spending as midterms approach. Inflationary acceleration could make stocks attractive in the near term. A secular bear market may emerge in the late 2020s due to political shifts. Institutions shape leaders more than leaders shape institutions. Quantitative easing…

Prediction market provider Kalshi may be hit with a temporary restraining order from the state of Nevada after a federal appeals court declined to block such a motion on Thursday. The Nevada Gaming Control Board sent Kalshi a cease-and-desist order in March 2025, ordering it to stop offering sports-related prediction market contracts. However, Kalshi said a later temporary restraining order application by Nevada “sought to prohibit Kalshi from offering all its event contracts.” Kalshi tried to move the case to federal court, but the case was set to go back to a state court if the appeals court did not…

The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems. The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new platform to “support the issuance and operation of scalable, interoperable digital gold products.” The open platform would connect the physical custody of gold with the digital systems used to issue and manage tokenized gold products. “By standardizing essential market processes such as custody coordination, reconciliation, compliance, and redemption, the model aims…

Key takeaways AI is poised to transform modern life, potentially surpassing the impact of the internet. The perception of AI as a substitute for software is causing market volatility in SaaS companies. AI is drastically reducing the cost and time needed for software development. The cost of software production is decreasing, threatening SaaS pricing models. Crypto is seen as programmable money, with its price movements mirroring the software index. The surge in gold and silver prices was driven by economic concerns in Asia. Investors in gold and silver may face losses as these markets stabilize. Excessive capital expenditure in technology…

The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for weeks, and Republican lawmakers met on Thursday to figure out how to bridge the final gaps. The White House was expected to get some updated legislative language on Thursday, reflecting the ongoing work on the Digital Asset Market Clarity Act, according to people familiar with the situation. But the talks are still going, and even if the previously uncertain senators (such as Republican Thom Tillis) become satisfied with the bill’s stablecoin yield treatment, other distinct compromises (such…

In a significant move for retail cryptocurrency access, the U.S. online brokerage platform Robinhood has officially added support for spot trading of $IMX and $QNT. This strategic expansion, announced on March 21, 2025, directly integrates two prominent blockchain project tokens into one of America’s most popular investment applications. Consequently, millions of users now have streamlined access to these assets, reflecting a broader trend of institutional platforms embracing diverse crypto ecosystems. The decision underscores Robinhood’s ongoing commitment to broadening its digital asset offerings beyond mainstream cryptocurrencies like Bitcoin and Ethereum. Robinhood’s Strategic Crypto Expansion with $IMX and $QNT Robinhood Markets, Inc.…

Moody’s Ratings has debuted a system to deliver its credit analysis onchain, bringing its ratings data into blockchain-based financial infrastructure. The system, called Token Integration Engine (TIE), connects Moody’s traditional ratings data to blockchain networks, allowing permissioned participants to access credit insights within blockchain-based financial workflows. It is built for institutional use, with issuers controlling participation while Moody’s retains oversight of its ratings process. The company claims it is the first credit rating agency to deliver its credit analysis onchain. In June 2025, Moody’s teamed up with a fintech startup called Alphaledger to run a pilot program to explore how…

YZi Labs is attempting to expand the board of directors at CEA Industries Inc. in order to have more influence over the company’s operations. Shareholders are currently unable to vote or submit consents as the filing remains under review by the SEC. In July 2025, YZi Labs raised $500 million in a private placement (PIPE) to build the world’s largest corporate $BNB treasury. However, by December 2025, YZi Labs accused the company’s asset manager, 10X Capital and BNC management of privately attempting to shift away from the $BNB-only strategy and include other cryptocurrencies, such as Solana ($SOL). Expanding the Board…

A new UK tax reporting rule that came into force in January requires crypto exchanges to hand over detailed user data to HMRC and to tax authorities in over 70 countries. Industry experts are now warning that the framework may be putting ordinary crypto holders in physical danger. The concern is not unprecedented. In France, a nearly identical> What CARF Actually Requires The Crypto-Asset Reporting Framework, known as CARF, is an OECD-designed global standard that the UK formally embedded into law two months ago. The law legally requires any UK-based crypto exchange or custodial wallet provider to collect and annually…

Hyperliquid is growing its liquidity, recently attracting over $1B in stablecoins. In the past month, the perpetual futures DEX also added $1B in open interest. Hyperliquid is returning to its key role as a decentralized, permissionless trading hub. The exchange crossed the threshold of $1B in available stablecoin liquidity. The HyperEVM chain recently broke above the milestone, as stablecoin supply rapidly increased since February. Based on Artemis data, in the past few weeks, the supply of stablecoins on Hyperliquid expanded by 96%. One of the chief reasons for the expansion is the rise of commodity trading on HIP-3, the platform…