Author: NBTC

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…

FalconX Bravo wants US regulators to treat cash-settled perpetuals tied to a single security or a narrow-based security index as security-based swaps under SEC rules when they fall outside the joint SEC-CFTC security-futures framework. The filing expressly includes comparable contracts offered through DeFi protocols. The firm submitted its proposal to the Securities and Exchange Commission and Commodity Futures Trading Commission on Aug. 12. FalconX Bravo is listed on the CFTC’s registered swap dealer roster and describes its business as focused on digital assets and digital asset market participants. FalconX’s definition covers the specified perpetuals and options on them. It does…

Charles Hoskinson is the founder of the Cardano blockchain and a co-founder of Ethereum. He is known for building Cardano on peer-reviewed research and for speaking bluntly. Who Is Charles Hoskinson? His career has three stages: Born November 5, 1987, in Maui, Hawaii, he attended Metropolitan State University of Denver and the University of Colorado Boulder for mathematics. In late 2013, he became one of five original Ethereum founders and its chief executive. He left in 2014 after a dispute over whether the project should be commercial or nonprofit. In late 2014, he and Jeremy Wood formed IOHK (Input Output…

Caroline D. Pham engaged in a significant discussion about regulatory clarity with leaders from OKX and the Digital Chamber. This dialogue, highlighted in her recent tweet, underscores the progress made in crypto regulation. Pham emphasized the importance of collaboration in shaping effective policies, and the implications of these discussions could lead to more streamlined operations in the crypto sector. For more details, check out her official tweet here. The Key Development The broader crypto landscape is currently experiencing mixed signals, reflecting varying momentum across major assets. Pham’s discussion with OKX and Digital Chamber leaders illustrates a proactive approach toward addressing…

BitGo announced that institutional clients have cleared and settled over $2 billion in notional volume on CROSSx through its Go Network. This significant figure showcases the platform’s capabilities, allowing clients to trade without holding assets directly. The separation of execution, custody, clearing, and settlement mirrors traditional financial practices, underscoring a shift towards a more structured crypto market. More details are available in BitGo’s tweet. The Story So Far The broader crypto market exhibits mixed signals, yet the news of BitGo’s $2 billion in cleared volume on CROSSx is a notable highlight. This development showcases increasing institutional adoption of digital assets,…

Hedera’s recent announcement about its CLPR technology emphasizes infinite liquidity across blockchains, allowing seamless value transfer. This development is crucial for enhancing cross-chain capabilities, as explained by Dr. Leemon Baird. The implications of such technology could significantly elevate interest from institutional players, marking a pivotal moment for Hedera’s growth in the blockchain space. Source Inside the Move The broader crypto market is currently displaying mixed signals, but Hedera’s unveiling of CLPR technology stands out. It allows for fluid value transfers between public and private blockchains, which could enable developers to select the most suitable blockchain for their needs. As the…

K33 Research has highlighted significant upcoming catalysts that could impact Bitcoin’s trajectory. According to a recent tweet, the markets are currently positioned for a potential interest rate hike and the results of the recent Clarity vote. If these events unfold favorably, Bitcoin may see sharp price movements. This insight emphasizes the need for traders to stay alert to market conditions and wallet activities. Inside the Move The broader crypto market remains mixed, with varying momentum across major assets. K33 Research’s insights indicate that Bitcoin could react positively to the upcoming catalysts, particularly if market expectations are exceeded. Traders are currently…

US Debt Creates a Costly Feedback Loop Rising federal interest costs could intensify financial-market pressure without an economic downturn or new emergency, Devere Group CEO Nigel Green warned on Aug. 24. He argued that borrowing required to finance existing interest expenses creates larger future obligations as older, lower-cost debt matures and is refinanced at higher rates. Green explained: “This is arithmetic, not sentiment. Interest is compounding faster than the economy generating the revenue to pay it, so every dollar borrowed to cover last year’s interest bill creates a larger interest bill this year, regardless of who sits in the White…

Polkadot is set to enhance its offerings with privacy-by-default technology, as highlighted in a recent tweet from the official account. This initiative aims to prioritize user privacy over traditional extractive technologies that remain poorly understood. As the demand for secure crypto solutions rises, this shift could significantly impact user engagement and developer interest in Polkadot’s ecosystem. Inside the Move The broader crypto market is currently displaying mixed signals, with many assets experiencing volatility. In this environment, Polkadot’s focus on integrating privacy features could serve as a pivotal strategy to attract developers and users who prioritize security. By making privacy a…

When a stablecoin holder receives spendable bank dollars before the issuer redeems the token, a buyer or conversion provider has funded the early exit. If that party keeps the token, it must wait until resale or redemption to get its cash back. The Office of the Comptroller of the Currency’s proposed redemption framework could give an issuer time to sell reserves in an orderly way while allowing secondary-market trading to continue. A Sept. 4 Federal Reserve staff analysis clarifies the issue by separating round-the-clock blockchain payment functionality from conversion into bank dollars. Its authors describe redemption timeframes as unsettled. The…