Author: NBTC

Robinhood CEO Vlad Tenev pushed back against AMC Entertainment CEO Adam Aron, who last week accused the trading platform of creating a “fake market” for AMC shares and threatened to involve the U.S. Securities and Exchange Commission. Tenev argued that once a company’s shares are publicly traded, it cannot control every financial product built around them, in an interview on CNBC’s “Squawk Box,” on Wedneasday. “Issuers should have control and do have control over the rights and obligations of the stock that they issue, but that doesn’t mean they control everything about it,” he said. “In particular, they don’t control…

Both agencies have proposed rules that appear to be attempting to take the place of legislation from Congress in regulating cryptocurrencies. The SEC proposed rules to provide companies with a safe harbor from tokens being treated as “investment contracts” in August, and the CFTC followed suit in October, with Selig saying the agency would use its “existing statutory authorities“ to address crypto regulation through proposed rules on exchanges. Atkins added on Oct. 2 that “more regulatory proposals [were] on the horizon” for crypto. Could one SEC commissioner have the final say on crypto rules? On Sept. 30, the SEC made…

Price Action Breakdown The current crypto market is characterized by mixed signals, with various assets showing fluctuating momentum. Solana’s emphasis on a unified network and strategic partnerships, such as the recent AirAsia initiative, positions it favorably amidst the shifting dynamics. Alameda’s $SOL unstake contributes to a narrative that suggests ongoing financial maneuvers that could impact Solana’s market performance. As traders assess these developments, they are likely to consider the potential for increased adoption and integration of blockchain technology. Solana is a high-performance blockchain platform supporting decentralized applications and crypto projects. Its jurisdiction in the crypto space allows it to adapt…

By the Numbers SkyAI’s recent struggles reflect broader trends in the tech sector, where governance issues have become increasingly scrutinized. The company’s notable decline in share price could lead to increased volatility in its treasury assets. As investors keep a close watch on the upcoming vote, the market remains sensitive to the implications of governance decisions on stock performance. The relationship between SkyAI’s management decisions and its financial health will be critical to monitor in the coming weeks. SkyAI operates in the tech sector, focusing on treasury management for digital assets, including those tied to Solana. The regulatory environment surrounding…

Route 2 FI’s latest commentary reveals a notable shift in trading focus from $TAO and $CHIP to $USELESS. This change comes as $TAO has fallen 35% from its recent highs, raising concerns among traders. The implications of such a rotation highlight evolving market sentiments amid a mixed backdrop, as noted in their tweet here. Breaking It Down Amid a wave of selling pressure across the crypto market, $TAO is experiencing a significant decline, down 35% from its peak ten days ago. This downturn has prompted traders like Route 2 FI to pivot towards $USELESS, a token whose popularity is fueled…

Sources familiar with the matter told The Washington Sun that the industry evaluation “is in its early stages,” and that it’s conducted by political and career staffers. New York alleges prediction markets cause problem gambling Polymarket, which utilises blockchain technology, and Kalshi, which offers crypto perpetuals, are already under the scope of an insider trading probe overseen by Republican House Oversight Committee member James Comer. The state of New York has also sued Kalshi and Polymarket this year, accusing them both of running an illegal gambling operation that’s encouraging problem gambling among people under the age of 21. Last month’s…

What the Data Shows Currently, OKX’s trading volume reflects a period of consolidation, as the platform’s recent updates garner attention from traders. The strategic investments and new offerings could attract significant user engagement, potentially leading to increased trading activity. As the market evolves, these developments may play a crucial role in shaping OKX’s future position within the competitive landscape. OKX is a leading cryptocurrency exchange platform that provides users with a diverse range of trading options and financial products. As a regulated entity, it operates under various jurisdictions, allowing it to innovate while adhering to compliance standards, which is vital…

USD/JPY Has Already Given Yen Shorts a Serious Problem The yen was trading around 160 to the dollar in early September, after hitting nearly 164 in July. Since then, it’s strengthened to about 153, up about 4% this month and more than 6% from its July low. This doesn’t mean the yen has suddenly become fundamentally strong. Instead, a few things are hitting yen short sellers at the same time. After the yen hit a 40-year low, Japan and the US carried out a rare coordinated intervention over the summer, during which Japan subsequently spent approximately $96.4 billion in defense…

The Rewards Eligibility Oracle also changes how indexing rewards are distributed. Previously, rewards followed stake and curation signal even when an Indexer was not serving queries. Under REO, an Indexer must meet published service conditions to remain eligible, including qualifying activity on at least five days within a rolling 28-day window. The new model ties incentives more directly to actual service delivery, complementing The Graph’s push toward decentralized indexing across supported chains. The Foundation has also moved from primarily coordinating and funding external teams to operating core network infrastructure. It now runs the Subgraph Gateway, Subgraph Studio and Graph Explorer,…

Market Pulse The current discussions surrounding the CLARITY Act come at a time when the crypto market is signaling mixed momentum. Traders are looking for clearer regulation as a catalyst for potential investment, especially amid ongoing debates about the future of digital asset oversight. Recent sentiments indicate that many stakeholders are eager for a framework that can facilitate growth while ensuring compliance. The CLARITY Act is a legislative proposal aimed at providing a structured framework for cryptocurrency regulation. Congressman Chris Pappas, representing New Hampshire, has taken a leading role in advocating for this bill, which seeks to clarify the regulatory…