Author: NBTC

Fireblocks has reported a significant development as bank and payments volume has overtaken crypto trading on its platform for the first time. This shift was highlighted by Michael Shaulov during the @thestablecon conference, underscoring a growing trend in the digital finance landscape. As this trend unfolds, it may signal new opportunities and challenges for crypto traders and institutions alike. For more details, see the tweet from Fireblocks. The Key Development Amid a wave of evolving trends in the digital finance sector, Fireblocks reveals a pivotal shift in trading dynamics. The company noted that bank and payments volume has surpassed crypto…

Ondo Finance has introduced a way for eligible institutions to convert stocks and exchange-traded funds directly into their tokenized equivalents, or redeem the tokens for the underlying shares. Under the new system, approved institutions can transfer shares from their Alpaca accounts to Ondo through an internal book transfer, with corresponding Ondo Stocks tokens then issued onchain. The process also works in reverse, allowing institutions to redeem the tokens for the underlying shares. The in-kind option adds to Ondo’s existing cash-funded model. Under that system, an institution that already holds the underlying shares must still provide separate cash to mint the…

Bitcoin ($BTC) saw month-to-date lows at Tuesday’s Wall Street open as global bond yields spiked and crypto markets awaited a key US Senate vote on the CLARITY Act. Key points: Bitcoin dropped to $75,560, its lowest level so far in September ahead of the US Senate’s procedural vote on the CLARITY Act. Global bond yields in major economies set new macro highs as $100 oil prices remained a point of contention. Analysis expects that central banks around the world will raise interest rates going forward, traditionally a headwind for crypto markets. CLARITY Act vote keeps crypto markets nervous Data from…

Elon Musk has brought one of his strangest cryptocurrency-era social media moments back into the spotlight. The centibillionaire has revisited the time he briefly turned his Twitter profile into what looked like a Bored Ape Yacht Club showcase. The billionaire reacted with a simple “lol” to an X post from the popular Dogecoin-focused account, which shared an old screenshot of Musk’s profile. The screenshot takes users back to May 2022. Back then, Musk abruptly replaced his usual profile picture with a collage filled with Bored Ape Yacht Club NFTs. Musk was already one of the most influential figures in cryptocurrency…

Five Factors Reshape the Crypto Bull Case Five structural factors now give crypto investors more fundamental reasons to support a bullish outlook than during earlier cycles, Bitwise Asset Management Chief Investment Officer Matt Hougan shared in an Aug. 24 post on X. He contrasted the present environment with 2014, 2018, and 2022, when he found optimism substantially harder to sustain. Noting that it was “hard to be bullish” in 2014, 2018, and 2022, Hougan stated: “The crazy thing about 2026 is how easy it is to be bullish: Regulatory progress, stablecoins scaling, the rise of tokenization, assets with real revenue…

Defi Development Corp has made headlines with its acquisition of approximately 101,381 Solana tokens, valued at over $10 million. This move increases its total treasury to 2.49 million Solana tokens. Such a substantial acquisition reflects growing confidence in the Solana ecosystem and could signal a bullish outlook for the future. For more details, check the full announcement from SolanaFloor. The Key Development In the broader crypto market context, Solana’s treasury expansion comes amid mixed signals from major assets. This acquisition, reported by influential commentator @SolanaFloor, highlights the proactive approach of DeFi Development Corp in enhancing its digital asset portfolio. With…

Connor Brown, Executive Director of the Bitcoin Policy Institute and a former Senate staffer, laid out exactly what’s at stake as the Senate holds a cloture vote today on the CLARITY Act. Republicans control 53 seats, with two possibly sitting out, meaning 7 to 9 Democrats need to cross the aisle to reach the 60 votes required. Importantly, today’s vote doesn’t decide the bill’s fate outright, it’s a procedural step determining only whether the Senate can move to actual debate and, eventually, a final vote. Years of Groundwork Behind One Vote Brown called it the culmination of years of legislative…

Tokenized stocks are rapidly becoming a significant business for decentralized exchanges (DEXs) on Base. Aerodrome has notably generated $611.4 million in trading volume over the past 30 days, while Uniswap v4 and v3 combined brought in $176.7 million. This growing trend suggests a brighter future for on-chain trading venues as more high-quality assets are integrated into the ecosystem. source The Latest The recent surge in trading volume at Aerodrome highlights a pivotal moment for decentralized exchanges on Base. As traditional assets like tokenized stocks gain traction, it’s clear that the shift towards decentralized finance (DeFi) is accelerating. The broader crypto…

Polygon has announced a new feature that allows the seamless transfer of stablecoins across its network and beyond. This development, highlighted by the CryptoTwitter commentator @0xPolygon, is aimed at improving user experience and fostering greater adoption within the ecosystem. As the demand for stablecoin functionality grows, this move could attract more users to Polygon’s platform. What Happened The broader crypto market is currently experiencing mixed signals, with various assets showing fluctuations in momentum. Polygon’s latest initiative to facilitate easy transfers for stablecoins from Arc reflects a growing trend towards cross-chain functionality. This improvement not only enhances user experience but also…

Macro strategist Henrik Zeberg argued that the recent surge in Bitcoin ($BTC) price is not the beginning of a new bull market, outlining a rather sharp bearish scenario for the cryptocurrency market. Speaking in an interview with Michaël van de Poppe, Zeberg characterized the current movement as a “bear market rally” and, in market terminology, a “fools’ rally.” Zeberg believes Bitcoin could continue its upward trend in the short term, but could then experience a massive crash of around 90% from current levels. According to Zeberg, the recent strong recovery in Bitcoin does not mean the long-term downtrend in the…