Author: NBTC

Record-breaking flows into exchange-traded funds may be reshaping markets in ways that even the Federal Reserve can’t control. New data show U.S.-listed ETFs have become a dominant force in capital markets. According to a Friday press release by ETFGI, an independent consultancy, assets invested in U.S. ETFs hit a record $12.19 trillion at the end of August, up from $10.35 trillion at the close of 2024. Bloomberg, which highlighted the surge on Friday, noted the flows are challenging the traditional influence of the Federal Reserve. Investors poured $120.65 billion into ETFs during August alone, lifting year-to-date inflows to $799 billion…

On Sept. 17, the U.S. Federal Reserve (Fed) is widely expected to cut interest rates by 25 basis points, lowering the benchmark range to 4.00%-4.25%. This move will likely be followed by more easing in the coming months, taking the rates down to around 3% within the next 12 months. The fed funds futures market is discounting a drop in the fed funds rate to less than 3% by the end of 2026. Bitcoin BTC$115,474.08 bulls are optimistic that the anticipated easing will push Treasury yields sharply lower, thereby encouraging increased risk-taking across both the economy and financial markets. However,…

$7.5 trillion is now parked in U.S. money market funds. This vast amount of capital marks a new all-time high that risk asset traders are closely watching. Why? Because as yields trend lower and the Fed prepares to cut rates, this colossal dry powder could be primed to flood into risk assets, including tech stocks and Bitcoin. Money market funds and the dry powder dilemma Money market funds have soared by almost $100 billion in just days. Bar Chart posted the figure at $7.4 trillion on September 9, only to be updated on September 13 to $7.5 trillion. Semantics? Maybe,…

Crypto taxation has long been a source of confusion, and with the IRS placing digital assets front and center on tax forms, clarity has never been more important. From the introduction of Form 1099-DA to new requirements for brokers, ETFs, and eventually DeFi platforms, the coming changes will redefine how individuals and institutions navigate their crypto tax obligations. In this interview, Lawrence Zlatkin, Vice President of Tax at Coinbase, outlines what these changes mean, the common misconceptions investors should avoid, and the strategies that can help taxpayers stay compliant while minimizing liability. What counts as a taxable event under the…

According to a recent report by the Financial Times, the Coinbase exchange is at risk of losing its dominance due to the White House’s enthusiasm for crypto, which has enabled “mounting competition.” Bitwise’s Ryan Rasmussen has told the FT that the US exchange giant might be losing its head start. Coinbase’s stock stumbles You would not be able to tell this based on Coinbase’s stock performance. In July, as reported by U.Today, the company’s shares hit a new record high for the first time since its initial public offering in 2021. The stock has suffered a roughly 33% correction since…

An investor recently shared a letter from Cherokee Acquisition, a firm that buys bankruptcy and distressed claims. The letter revealed Cherokee’s interest in acquiring claims tied to Linqto Texas, LLC (Case No. 25-90186) at discounted prices. Cherokee’s Proposal Cherokee laid out two ranges for its bid: claims above $100,000 were priced between 70% and 75%, while claims under $100,000 were offered between 65% and 70%. The company said that sellers could get an immediate cash payout, while Cherokee would take on the risk of waiting for distributions. Deaton’s Perspective Attorney John Deaton explained that firms like Cherokee operate by purchasing…

In the rapidly evolving world of digital finance, new integrations constantly reshape how we interact with our assets. A truly significant development has just emerged for users of the Pundi X Wallet, bringing enhanced utility and broader access to stable digital currencies. This exciting update promises to simplify how you manage your digital funds. What Does Pundi X Wallet’s New USD1 Support Mean for You? Pundi X (PUNDIX) recently made an exciting announcement on X, confirming that its robust Pundi X Wallet now officially supports USD1. This isn’t just another token; USD1 is the stablecoin issued by World Liberty Financial…

The cryptocurrency market has left behind a week in the green for Bitcoin and altcoins in general. However, the new week will play host to one of the most critical weeks of the year. The interest rate decision, to be announced on Wednesday, will be particularly closely watched. Here is the cryptocurrency calendar we have prepared especially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Monday, September 15th ZKC – Binance will list Boundless (ZKC). The SEC Crypto Task Force, chaired by Commissioner Hester Peirce, will hold a national roundtable in Chicago on September 15 and…

Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism to function properly, including the free flow of information in a decentralized way, immutable property rights, incentive alignment, transparency, and “frictionless” capital flows. Mumtaz added: “Crypto’s endgame will be that it fundamentally evolves the most impactful human invention of all time: capitalism. We said crypto…

Decentralized exchanges (DEXs) continue to experience significant trading activity. According to data reported today by market analyst Phoenix Group, spot trading volume on DEXs reached $171.26 billion over the past week, an increase of 21.05% from the previous week. This shows sustained growth in on-chain spot trading on decentralized exchanges. As per the data, DEX platforms, including UniSwap, Pancake, Meteora, Hyperliquid, Aerodrome, Raydium, Oraca, and LFJ, are seeing massive trading activity as increased customers use them to execute various DeFi trades. TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Uniswap #PancakeSwap #Meteora #Hyperliquid #Aerodrome #Raydium #Orca #LFJ #Curve pic.twitter.com/vKRAM0oSi7 — PHOENIX…