Author: NBTC

Long-end Treasury yields went up this week, even though the Fed cut interest rates. That move surprised the bond market. The 10-year Treasury yield, which had dipped below 4%, jumped to 4.145%. The 30-year yield, the one that matters for mortgages, rose to 4.76%, after hitting a weekly low of 4.604%. The Fed lowered its policy rate by 0.25% to 4.00%-4.25% on Wednesday, its first rate cut of the year. That helped push stocks higher, but the bond market didn’t react the same way. According to Bloomberg, investors in longer-term bonds didn’t get what they wanted — certainty that inflation…

YZi Labs, the family office founded by Binance co-founder Changpeng “CZ” Zhao and Yi He, which was rebranded from Binance Labs, has expanded its position in Ethena Labs, the protocol behind USDe, which has become the third-largest U.S. dollar-denominated crypto asset with more than $13 billion in circulation. The investment comes as Ethena enters a new stage of growth, which includes extending its footprint on BNB Chain. This includes rolling out products designed to bridge crypto and traditional finance, such as USDtb, a fiat-backed stablecoin in development, and Converge, an institutional settlement layer being built with Securitize and partners connected…

Stablecoin adoption is gaining momentum among corporates and financial institutions driven by regulatory clarity and cost-savings in global money transfers, according to a survey by EY-Parthenon. Conducted with 350 executives in June after the Senate passed the GENIUS Act, the survey found that 13% of firms already use stablecoins, mainly for cross-border payments. Among those who didn’t use stablecoins, 54% expected to adopt them within the next six to 12 months. Regulatory clarity provided by the GENIUS Act was widely viewed as a turning point. The legislation, which was signed into law in July, provided long-awaited rules for U.S. dollar-denominated…

Ethereum NFT holders were impacted by recent AWS outages, with the blockchain unable to load tokenized data. This has raised questions about the role of increasing centralization in modern crypto. To be blunt, it’s hard to claim that someone “owns” an NFT if third-party technical difficulties can block access. This issue may encourage a shift to other blockchains or a further decline in the NFT sector. Ethereum NFT Outages Yesterday’s AWS outage wrought havoc on the entire internet, disrupting digital infrastructure worldwide. The ongoing issues also highlighted concerns in the crypto industry, as Coinbase’s main functions had persistent outages. Another…

Key Takeaways NBA Top Shot introduces rookie player partnerships and interactive collectibles for the 2025-26 season. Blockchain enhancements will place NBA highlights directly on-chain for greater security and authenticity. The National Basketball Association, National Basketball Players Association, and Dapper Labs have kicked off the 2025–26 NBA Top Shot season, featuring breakout rookies Cooper Flagg, Yang Hansen, and the next generation of hoop talent. This season, Top Shot’s going coast-to-coast with digital autographs and one-of-one signature collectibles from rising stars. Enhanced foils, textures, and interactive designs bring the heat, while a focus on rookies keeps the game fresh. Fewer than 5,000…

One of the most controversial features of President Donald Trump’s second term is his relentless criticism of Federal Reserve (Fed) Chair Jerome Powell for maintaining elevated interest rates – a stance Trump argues is unnecessarily costly to the American economy. But this is more than just rhetoric. Trump is aggressively attempting to undermine the Fed’s board, threatening an institution long known for its political independence. Ironically, this very assault risks backfiring, deepening what Trump and others describe as a Fed that is “behind the curve,” potentially leading to a deeper sell-off in the U.S. dollar. Trump’s Attack on the Fed…

Bitcoin BTC$108,222.79 holders facing steep tax bills have a new option to ease the burden — by converting what they owe into income-producing mining hardware. Crypto lending firm Arch is rolling out TaxShield, which uses a specific provision of the U.S. tax code — bonus depreciation under IRS §168(k) — that allows investors to write off the cost of mining equipment against taxable income. This is how it works: Users post Bitcoin as collateral for an overcollateralized loan from Arch, then use the loan proceeds to buy and host mining rigs through Blockware. The investor gets to deduct the full…

The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up. Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong Kong, according to Reuters, following a regulatory pivot in China embracing stablecoins for international markets. The stablecoin is meant to facilitate cross-border transactions with countries in the Belt and Road initiative, an infrastructure project building physical roads linking China to the Middle East and Europe,…

Key Notes The expansion leverages power from Paraguay’s Itaipú Dam, positioning the site as the country’s largest renewable mining facility by 2026. Hive’s global hashrate has surged from 6 EH/s to nearly 22 EH/s in 2025, with plans to reach 25 EH/s by year-end. Despite operational momentum, Hive’s stock declined 3.58% on October 21 after a volatile month marked by a single-day 28% spike earlier in October. Hive Digital Technologies has finalized an agreement to build a 100-megawatt hydroelectric-powered data center at its Yguazú site in Paraguay, marking a key step in its plan to increase global Bitcoin BTC $112…

Family offices shifting into public equities and crypto as inflation pressures keep altering outlook. Rising generations push Bitcoin adoption higher, with forecasts eyeing $250,000 before 2026, as flows surge. Family offices that manage the wealth of the world’s richest families are reshaping their portfolios as inflation remains high in major economies. Many are cutting back on private equity while adding more to public markets and digital assets. According to a Goldman Sachs survey released this year, single-family offices allocated 31% of their portfolios to public equities in 2025. This is up from 28% in 2023. Other significant areas include cash…