Author: NBTC

Wall Street’s growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which could raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage bets toward scalable, IPO-ready companies positioned for public markets. Continued selling by Bitcoin (BTC) miners and early adopters has “nearly neutralized ETF and treasury inflows, reducing volatility and dampening Bitcoin’s appeal to risk-seeking investors,” Matrixport said…

Key Takeaways The White House has withdrawn Brian Quintenz’s nomination to chair the CFTC, ending his potential leadership of the derivatives regulator. Brian Quintenz is a former CFTC commissioner known for his active role in crypto regulation discussions and his support for presidential policies. The White House withdrew Brian Quintenz’s nomination for CFTC chair, ending his bid to lead the Commodity Futures Trading Commission. Quintenz, a former CFTC commissioner, has been active in public discussions on crypto regulation and supportive of presidential policies. The CFTC oversees derivatives markets and has increasingly focused on crypto-related enforcement and innovation. The Senate Agriculture…

Network revenues across the blockchain ecosystem declined by 16% month-over-month in September, mainly due to reduced volatility in the crypto markets, according to asset manager VanEck. Ethereum network revenue fell by 6%, Solana’s fell by 11%, and the Tron network recorded a 37% reduction in fees, due to a governance proposal that reduced gas fees by over 50% in August, according to VanEck’s report. The revenue drop in the other networks was attributed to reduced volatility in the crypto markets and the underlying tokens powering those networks. Ether (ETH) volatility dropped by 40%, SOL (SOL) volatility fell by 16%, and…

NFT sales volume more than doubled, surging by 103.11% to reach $256.9 million. This is a notable turnaround from last week’s $84.6 million in sales volume. CryptoSlam data shows: The number of NFT buyers jumped by 18.25% to 694,348 Sellers increased by 17.77% to 584,235. NFT transactions dipped by 8.67% to 1,874,619. Bitcoin’s (BTC) rally to the $122,000 level has energized the entire crypto market. Ethereum (ETH) has followed suit, climbing to $4,500. The global crypto market cap now stands at $4.2 trillion, up from last week’s $3.78 trillion. This bullish momentum has spilled over into the NFT sector, which…

Venture capital funding for AI startups has surged dramatically this year, and has crossed $190 billion globally year-to-date as of the end of Q3, according to available data. It marks the first time the AI sector has captured over 50% of VC dollars in a single year. However, observers have warned about a potential “hype bubble” that could cause problems later. Venture capitalists are spending billions, but mostly on funding AI In the US, which is the world’s largest market, AI startups attracted over 60% of the $250.2 billion in VC funding, confirming the sector’s dominance. Globally, VCs have invested…

The ECB is gaining support for a ban on stablecoins issued jointly within the bloc and other jurisdictions, setting the stage for a clash over how operators like Circle Internet Group Inc. and Paxos Inc. manage their activities across borders. The European Systemic Risk Board, tasked with guarding Europe’s financial system, last week passed a recommendation to ban so-called multi-issuance stablecoins, according to people familiar with the discussions, who asked not to be identified while discussing non-public information. While the ESRB’s guidance, approved by a board of central bank governors and EU officials, is not legally binding, it is expected…

The trading volume of $BLUE perpetual contracts has increased by four times since July, as shared by Marc Shawn Brown. This $BLUE perp volume surge shows the rising interest in the asset among traders and investors. The market has seen a strong rise in both activity and liquidity, signaling more confidence in $BLUE. Perpetual contracts, or “perps,” are famous in the crypto trading world. They let traders to bet on price movements without expiry dates, making them a useful tool for active traders. 🔥 MASSIVE: $BLUE Perp Volume is up 4X since July. pic.twitter.com/S12Evb1wXt — Marc Shawn Brown (@MarcShawnBrown) September…

World Liberty Financial (WLFI), the blockchain venture associated with the Trump family, is reportedly advancing plans to tokenize portions of Donald Trump’s multi-billion-dollar real estate portfolio. The project aims to convert some of the most recognizable Trump properties into digital investment products, opening access to retail investors who would otherwise be shut out of high-value real estate. WLFI hopes to bridge the gap between exclusive real estate assets and the broader investing public by selling fractional ownership on the blockchain. Meanwhile, Zak Folkman, co-founder of WLFI, said the project will not stop with real estate. The team is already exploring…

US House Republicans have told Securities and Exchange Commission Chair Paul Atkins that they are investigating the loss of text messages from former SEC Chair Gary Gensler from when he led the agency. The SEC’s Office of Inspector General’s findings in early September cast doubt on whether the Gensler-led SEC acted with transparency and integrity while serving between 2021 and 2025, House Financial Services Committee Chairman French Hill said in a letter to Atkins on Tuesday. Hill said the House Financial Services Committee said “is engaging with the OIG to learn more about their report, seek clarity on outstanding questions,…

As a result of the US shutdown, the government will suspend all operations except essential services and many employees will be furloughed. This will negatively impact the functioning of government institutions, as many will continue to operate with limited staff. At this point, the shutdown could also affect the FED, which acts based on economic data. This means that the FED may not have enough data to assess the economic situation and the continuation of interest rate cuts may become uncertain. While the effects of the government shutdown in the US are being wondered, three FED members Austan Goolsbee, John…