Author: NBTC

Prediction markets and decentralized autonomous organizations, or DAOs, may be closer cousins than most people think, according to Syndicate co-founder Ian Lee.  There are strong similarities between the two, as both are fundamentally about blending social behavior and money, despite what terms suggest, he told Decrypt. (Disclosure: Decrypt’s parent company, DASTAN, operates a prediction market called Myriad.) “In the abstract, [DAOs are] about coordinating human capital and financial capital at the same time,” Lee explained. “So, prediction markets that coordinate capital as well as human intelligence, I think of those as a DAO.”  Lee, whose company helped create once-prominent…

Binance Futures announced that it will remove the USDⓈ-M ALPHAUSDT perpetual futures contract from the platform on September 23, 2025. Binance Futures Deletes ALPHAUSDT Futures Contract According to the exchange’s announcement, all open positions will be closed and automatically liquidated at 12:00 PM on September 23. Following this process, the contract will be completely delisted. To avoid potential risks, users are advised to close their open positions before the delisting process begins. Furthermore, opening new positions will be blocked after 11:30 AM. Binance also shared important details about the liquidation process. The Futures Insurance Fund will not be used in…

Ethereum price started a fresh decline below the $4,450 zone. ETH is now consolidating and might aim for a fresh increase if it clears $4,380. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,380 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it settles above $4,350 and $4,380. Ethereum Price Faces Hurdles Ethereum price started a recovery wave after it formed a base above the…

Crypto investment products reversed their recent outflow trends last week, with Bitcoin, Ether and Solana exchange-traded products (ETPs) recording significant inflows. Global crypto ETPs saw $3.3 billion in inflows last week, lifting overall assets under management (AUM) to $239 million, which nears the record high seen in August. Last month, crypto ETPs saw an all-time high AUM of $244 billion. The inflows came as underlying assets showed modest gains over the week. Bitcoin (BTC), which traded at $111,900 last Monday, rose 3.3% to $115,600 on Friday. Ether (ETH) went from $4,300 to $4,500 last week, a 4.6% gain in five…

London-based fintech firm LMAX Group has entered the leveraged crypto derivatives market, unveiling perpetual futures contracts tied to Bitcoin and Ether aimed at institutional clients. The exchange, which averages over $40 billion in daily spot volume across FX and digital assets, said the move was driven by client demand for high-leverage access to crypto markets, according to a Wednesday report by Bloomberg. “Perpetual futures have dominated the crypto market for the last three or four years,” LMAX CEO David Mercer said. “Our institutional clients, including top proprietary trading firms and brokers, are looking for that kind of exposure,” Mercer added.…

Key takeaways Ether has reclaimed the $4,300 level after briefly dropping to the $4,200 region on Tuesday. The second-largest crypto by market cap could now surge past the $4,500 resistance level in the coming hours. $4,200 support holds strong for Ether The cryptocurrency market has had a positive start to the week but experienced a flash dump on Tuesday. Bitcoin dropped to the $110k region, prompting Ether and other major cryptocurrencies to underperform. However, Ether defended the $4,200 support, with the coin forming a low at $4,211 a few hours ago. Ether, similar to Bitcoin, is now bouncing back from…

Helius Medical Technologies (HSDT) announced on Monday it’s raising more than $500 million in a private financing round to create a Solana-focused treasury company. The vehicle will hold SOL, the native token of the Solana blockchain, as its reserve asset and aims to expand to more than $1.25 billion via stock warrants tied to the deal, the press release said. The financing was led by Pantera Capital and Summer Capital, with participation from investors including Animoca Brands, FalconX and HashKey Capital. Shares of the firm rallied over 200% above $24 in pre-market trading following the announcement. Solana was down 4%…

Canadians just got a bold new way to earn passive income, as Coinbase unveils weekly 4.1% USDC rewards—paid automatically with zero lockups or restrictions. Coinbase Rolls out Weekly USDC Rewards in Canada Crypto exchange Coinbase (Nasdaq: COIN) announced on Sept. 16 that Canadians can now earn rewards on holdings of USD Coin (USDC). The company stated: “We are excited to announce the launch of USDC rewards in Canada, allowing Coinbase users to simply hold USDC and automatically earn 4.1% paid weekly.” The program delivers a 4.1% return on all balances, while Coinbase One subscribers can access an elevated 4.5% rate…

In a move that has captured the attention of cryptocurrency market watchers, a significant Matrixport ETH deposit recently landed on Binance. This large transfer, involving millions of dollars in Ethereum, sparks important questions about institutional activity and potential market shifts. Understanding such movements is crucial for anyone keen on the dynamics of the digital asset space. Unpacking the Significant Matrixport ETH Deposit Approximately ten hours ago, an address linked to Matrixport, a prominent cryptocurrency service provider, executed a substantial transfer. The transaction involved 10,000 ETH, valued at an impressive $43.77 million, which was moved to the Binance exchange. This data…

Pudgy Penguins mobile game Pudgy Party is a hit with fans of the Ethereum NFT collection—and we agree with the hype. This casual battle royale game takes the best elements from Epic Games’ Fall Guys, evolves on them, and adds a crypto twist. In many ways, the new mobile title developed by Mythical Games might be better than Fall Guys, as it adds lovable, meme-inspired characters with unique abilities to the game. On top of this, the mobile game has a satisfying and natural progression to it that is turbocharged by its use of NFT items sellable on the Mythical…