Author: NBTC

Etherlink builders can now access up to $200K in Google Cloud credits and dedicated Web3 engineering support. The partnership builds on Tezos’ collaboration with Google Cloud, expanding real-world blockchain infrastructure and developer resources. Etherlink has joined the Google Cloud Web3 Startup Program. Through this Partnership, Etherlink’s developer ecosystem will enjoy enhanced infrastructure, mentorship, and go-to-market support. Etherlink is a non-custodial, EVM-compatible Layer 2 blockchain built on Tezos Smart Rollups, offering decentralized governance, fraud proofs, and censorship resistance. The Google Cloud Web3 Startup Program is an initiative that supports early-stage blockchain and Web3 projects. It does this by providing cloud credits,…

Ethereum’s slide under $3,900 has deepened as spot exchange-traded fund outflows continue and a bearish on-chain “death cross” raises fears of further downside. Summary Ethereum price fell below $3,900, down 4.8% in 24 hours and 13% this month. Spot ETH ETFs record $145M in daily outflows, led by BlackRock and Fidelity. The MVRV “death cross” reappears, echoing patterns that preceded past selloffs. Ethereum traded at $3,876 at press time, marking a 4.8% drop in the past 24 hours and extending its weekly loss to 4.6%. Over the past month, ETH has shed more than 13%, now standing 21% below its…

Rex-Osprey’s DOJE, the first U.S. spot Dogecoin ETF, produced strong trading volumes when it hit the market on Thursday, landing in the top five for ETF rollouts so far this year. And its issuer has already filed for a riskier, leveraged play on it.  In a filing registered with the SEC on Thursday, Rex-Osprey applied to launch the REX DOJE Growth & Income ETF, an exchange traded product that aims to offer between 105-150% exposure to the price return of DOJE on a single day. “Because the fund seeks daily leveraged investment results, it is very different from most other…

This summer, Roman Storm, the co-founder of infamous crypto mixer Tornado Cash, was convicted in New York federal court of conspiring to operate an unlicensed money-transmitting business. Prosecutors celebrated Storm’s conviction as a major victory in the fight against crypto money laundering, but the reality is more complicated. For years, regulators have treated mixers like Tornado Cash as the ultimate money laundering threat. Anonymous, opaque, and seemingly tailor-made for criminals, it’s easy to believe these tools are driving the majority of crypto money laundering. But the numbers tell a different story. The most popular crypto money laundering engines aren’t cash…

Polymarket is reportedly preparing to launch its own native token, but sources say that the rollout won’t happen until the prediction market platform fully reestablishes itself in the U.S. following its 2022 regulatory exit. Summary Sources say Polymarket plans to delay the token launch until it completes its regulated return to the U.S. through its acquisition of CFTC-approved exchange QCX. The rumored token follows a $2 billion investment from Intercontinental Exchange, valuing Polymarket at $9 billion and expanding its reach into TradFi. Polymarket prioritizes U.S. comeback before launching token Earlier this week, Polymarket founder and CEO Shayne Coplan stirred buzz…

Real-world-asset tokenization blockchain MANTRA and decentralized data infrastructure provider Inveniam Capital Partners have announced the launch of a new layer-2 blockchain. Summary MANTRA has launched its first layer 2 chain in collaboration with Inveniam. The L2 will power the utilization and management of commercial real estate data. Inveniam Chain supports multiple blockchains including Ethereum, Avalanche and Hedera. Inveniam and MANTRA say the new layer 2 blockchain is purpose-built to advance the management and utilization of private real estate assets. The L2 targets the artificial intelligence and decentralized finance ecosystems and will power the management and utilization of commercial real estate…

Ethereum price has spent most of October struggling to build strength above $4,000. Despite holding its broader uptrend, ETH trades around $3,935 at press time, down 6.6% this week, showing hesitation as Bitcoin recovers. The signals on-chain and on the chart tell a clear story: Ethereum’s rally is still waiting for confirmation. Here are three reasons why ETH hasn’t broken $4,000 in the near term with conviction — and why the real test lies slightly higher. Whales Are Selling, And Accumulation Has Slowed Down The first sign of pressure comes from Ethereum’s largest holders. Since October 20, whale addresses have…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. In yesterday’s edition of the Forward Guidance newsletter, Felix Jauvin broke down Wednesday’s Fed rate cut. But it’s also important that we shed some light on the other big thing that went down on Sept. 17. That would be the SEC approving general listing standards for commodity-based trust shares (a.k.a. crypto ETPs). This was not an unexpected approval by any means, as we knew the SEC was working through this. But the timing seemed to surprise some people, coming a bit earlier than expected. The US…

Key Takeaways The inclusion of assets authorized by foreign governments in the GENIUS Act could enable Bitcoin repo holdings. Barr emphasized the necessity of strong regulatory frameworks to ensure stablecoins can safely benefit the financial system. Federal Reserve Governor Michael Barr said today that under the GENIUS Act, stablecoin issuers could argue that Bitcoin qualifies as a legal reserve asset since it is recognized as legal tender in El Salvador. He warned this could create risks if Bitcoin’s price crashes, potentially undermining stablecoin stability and investor confidence. Barr, a key US central bank official, has previously advocated for enhanced regulatory…

Gemini, the crypto exchange backed by the billionaire Winklevoss twins, has launched a Solana-branded edition of its Gemini Credit Card with automatic staking for SOL rewards. The card gives users a way to show support for the network while earning yield on everyday purchases, the company said in a blog post on Monday. Cardholders can earn up to 4% back in SOL on categories like gas, EV charging, and rideshare, and up to 10% back with select partners. Gemini went public last month at $28 a share, valuing the company at more than $3 billion. The crypto exchange announced an…