Author: NBTC

U.S. and Canadian companies holding digital assets, or DATs, have experienced significant stock price declines in 2025, with median prices falling 43%, Bloomberg reported. Summary U.S. and Canadian companies holding digital assets in their treasuries have seen stock prices fall by a median of 43% in 2025. These companies, known as digital asset treasuries (DATs), adopted a strategy popularized by Michael Saylor. Smaller DATs have struggled to raise capital, with companies like Alt5 Sigma Corp. experiencing significant stock declines after their token purchases. The companies, known as digital asset treasuries (DATs), get a lot of flak. Why? Because they use…

Coinbase CEO Brian Armstrong, after reviewing the draft legislation on cryptocurrency market structure prepared by the US Senate Banking Committee, announced that Coinbase cannot support this regulation in its current form. Armstrong said that some of the clauses in the draft text posed serious risks to the industry. According to Armstrong’s assessment, the draft effectively bans tokenized shares while also containing provisions in the DeFi space that grant the government unlimited access to financial records and weaken users’ right to privacy. He also stated that the draft erodes the powers of the Commodity Futures Commission (CFTC), tipping the regulatory balance…

Changpeng Zhao (CZ), the founder of Binance and one of the most influential figures in the cryptocurrency world, said that the tokenized securities platform announced by the New York Stock Exchange (NYSE) is very bullish for the crypto sector and crypto exchanges. CZ stated in his assessment, “This development is bullish for cryptocurrencies and crypto exchanges.” NYSE’s newly announced platform aims to build an entirely new transaction environment rather than simply adding blockchain to the existing exchange. This new structure will offer features such as 24/7 uninterrupted trading, instant settlement (instead of T+1), stablecoin-based funding instead of bank transfers, and…

The Flare CEO, Hugo Philion, has recently called attention to what he believes could represent a passive income opportunity for XRP holders. Philion suggested that XRP holders could earn this passive income by using XRP across the Flare ecosystem. He explained that giving XRP the ability to generate returns could push more people to hold and use it, similar to the way Bitcoin holders take advantage of yield options. Philion also highlighted the platforms that enable these earnings, including Firelight and DEX liquidity programs, describing how users can stack strategies to boost returns. Key Points While the XRP Ledger does…

Pudgy Penguins is set to apologise for a racist X post it made last week following a complaint from the NFT project’s $5.3 billion football partner, Manchester City. According to a series of screenshots, Manchester City reached out to Pudgy Penguins after it suggested via X that the social media platform’s crackdown on reply spam and “AI slop,” might “actually have a significant effect on India’s economy.” Read more: Polymarket criticized for racist post targeting fake ‘baddies’ The post appeared to rely on the xenophobic stereotype that Indians are often behind bot or spam accounts associated with the so-called “InfoFi”…

According to research from the Bitcoin Policy Institute, Bitcoin has the potential to resolve the current issues, including rising tuition costs, persistent inflation, and limited investment flexibility in 529 college savings plans, which are facing most families looking to put their kids through higher education. The current plans offer valuable tax advantages, but they force investors to deal with narrow, state-selected mutual fund portfolios that underperform relative to IRAs and HSAs. According to the Bitcoin Policy Institute, those limitations prevent households from accessing inflation-resistant assets and stronger long-term growth opportunities. The Bitcoin Policy Institute’s research has evaluated how modernizing 529…

The Senate Banking Committee may postpone its hearing on the crypto market structure, slated for Thursday, Senator Cynthia Lummis told Bloomberg on Wednesday afternoon. The Senate Banking Committee’s crypto market structure legislation is growing increasingly contentious, even as lawmakers count down the hours to the planned Thursday hearing, which will conclude with a vote on advancing the bill — or not. However, this isn’t a confirmation of the hearing’s delay on Thursday. A spokesperson for Lummis did not immediately answer a phone call. Spokespeople for Banking Committee Chairman Tim Scott did not immediately respond to a request for comment. Lack…

Revolut, a London-based digital banking and payments company, has applied for a full banking license in Peru as part of its expansion across Latin America, Bloomberg reported on Monday. If approved, the license will allow the company to operate as a regulated bank in the country, adding Peru to a list of regional markets alongside Mexico, Colombia and Brazil. Bloomberg said Revolut plans to compete primarily with incumbent banks rather than newer fintech rivals. Revolut has identified remittances and cross-border payments as key parts of its local strategy, noting that about 1 million people in Peru rely on money sent…

In a groundbreaking development for decentralized finance, Ember Protocol and Bluefin have unveiled a transformative new vault product that harnesses real-time prediction market data from Polymarket. This innovative launch, announced by the Sui Foundation on November 15, 2024, represents a significant convergence of information markets and automated investment strategies within the rapidly evolving blockchain ecosystem. The product fundamentally changes how DeFi protocols can utilize external data streams for sophisticated financial applications. Ember Protocol and Bluefin Vault Integrates Polymarket Data The newly launched vault establishes a direct pipeline between Polymarket’s prediction market data and automated investment strategies deployed through Ember Protocol’s…

The once hyper market for non-fungible tokens (NFTs) looks to be in the doldrums, with token valuations a fraction of 2021/22 highs, not to mention that France’s flagship event for the sector, NFT Paris, was canceled just one month before it was due to open. In the doldrums, but definitely not dead, said Yat Siu, co-founder of Animoca Brands, a Web3 development and venture capital company that has become involved in tokenization of real-world assets. Wealthy collectors are driving a vibrant NFT marketplace, Sui said in an interview at the CfC St. Moritz crypto conference. Some investors will have a…