Author: NBTC

US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data. Meanwhile, the price of Ether fell 10.25% over the past seven days, trading at $4,013 at the time of publication, according to CoinMarketCap data. Ether’s price is down 12.24% over the past 30 days. Source: CoinMarketCap The last time spot Ether ETFs recorded five consecutive days of outflows was the…

Afghanistan’s recent nationwide internet outage has underscored a critical weakness in the world’s leading decentralized blockchains — their dependence on centralized internet providers that remain vulnerable to government intervention and technical failures. The country suffered a near-total internet shutdown that lasted about 48 hours before connectivity was restored on Oct. 1, Reuters reported. The disruption was reportedly ordered by the Taliban administration, though officials later blamed “technical issues” involving fiber optic cables. While blockchains aim to provide people with a public, censorship-resistant network for value transfers, their reliance on centralized internet providers makes these use cases challenging during internet outages.…

Ethereum (ETH) has been approaching a new all-time high recently, with some analysts predicting that the price could rise above $5,000. Javier Rodriguez-Alarcón, Chief Investment Officer of digital asset investment firm XBTO, said this rise will depend on continued institutional demand, progress on the upcoming “Fusaka” upgrade, and supportive macroeconomic conditions. “Ethereum’s path to $5,000 will depend on a combination of continued institutional demand, increased scalability from the upgrade, and favorable macro conditions,” Rodriguez-Alarcón said in a statement. “Spot Ethereum ETFs saw more than $1.3 billion inflows last week alone, demonstrating a renewed strong belief from institutional investors.” According to…

The odds of a U.S. government shutdown have reached an all-time high on Polymarket, at 82% that lawmakers will fail to pass the necessary funding by the October deadline. As bipartisan talks stall and key meetings are canceled by President Trump, both parties appear unwilling to budge. The stalemate is turning up the risk of prolonged disruption across government services. What a U.S. government shutdown means If a U.S. government shutdown occurs, it will immediately halt salaries for hundreds of thousands of federal employees. It will delay procedures like passport processing, disrupt national parks, and potentially impact social programs like…

In answer to Wall Street bank lobbying, crypto group Stand With Crypto said it enlisted its online members to send a message more than 250,000 times to the U.S. senators in their states, pushing back on the bankers’ attempt to stymie the avenue for stablecoin rewards in the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The letter crafted by Stand With Crypto — a U.S. pro-crypto member organization initially established by Coinbase — urges lawmakers to ignore the banking advocates who launched an August effort to rewrite the law to completely shutter stablecoin issuers’ ability to offer…

America.Fun, a new multi-purpose ecosystem built on the Solana blockchain, officially launches today as the “Special Projects” arm of the Bonk, World Liberty Financial (WLFI) and Raydium partnership. The project arrives with a clear mandate: accelerate adoption of USD1, WLFI’s stablecoin, and seed a broader ecosystem of decentralized, America-aligned initiatives that combine liquidity, culture and community. Backed by Ogle, the pseudonymous founder of the Glue blockchain and an advisor to World Liberty Financial, America.Fun positions itself as more than a token hub. Its first product is a semi-curated token launchpad intended to give projects that integrate or build around USD1…

What to Know 1inch unlocks tokenized RWAs with the Swap API upgrade and now supports real-world assets like bonds and treasuries, making them as easy to trade as crypto. Barter, THORWallet, OKX Wallet, and Trust Wallet all joined 1inch’s growing DeFi ecosystem. 1inch joined the Blockchain Association, gaining a voice in shaping future crypto regulations. 1inch just had one of its biggest months yet. The project announced today, that September was HUGE for 1inch and it’s easy to see why. From supporting tokenized RWAs to welcoming new partners and integrations, 1inch is setting the stage for a more connected and…

Benoît Pagotto, co-founder of the digital fashion studio RTFKT, has reportedly passed away at the age of 41, according to colleagues’ confirmations. Philippe Rodriguez, a French tech executive and longtime associate, first shared word of Pagotto’s “sudden” passing on LinkedIn early Sunday in Paris. Pagotto was “super creative, discreet and humble,” and was “passionate but always reasonable,” a translation of Rodriguez’s post reads. “He believed that beauty could change the world,” Rodriguez wrote. Tributes from close friends and associates quickly filled the crypto Twitter sphere. RTFKT co-founder Steven Vasilev commented on the news on X, writing that “the vision, mission…

Ether prices suffered a notable drop on Tuesday, October 7, falling more than 6% as traders took profits, sending the digital currency lower. The world’s second-most valuable cryptocurrency by total market value dropped to roughly $4,450.00 after rising to more than $4,750.00, according to Coinbase data from TradingView. The digital asset suffered this decline after climbing more than 20% during a steady, upward trend it experienced starting September 25. This happened during a day where most of the top 10 cryptocurrencies by total market capitalization were in the red, according to figures provided by CoinMarketCap. Amid these developments, several market…

As countless crypto projects work tirelessly to reshape Wall Street, a relatively novel one is focused on Guinness World Records. The premise: Skateboarding history will either be made, or a group of backers will accept their ambitions are quixotic and promptly liquidate. For three weeks, a little-known project called POIDH—“pics or it didn’t happen”—has been incentivizing people to do more than 36 kickflips on a skateboard in a minute, hoping that a crowdsourced bounty of meme coins will be enough to motivate someone. A kickflip is a skateboarding trick that combines an ollie with a flick of the front foot…