Author: NBTC

Gold-backed tokens hit a major milestone this week, topping $1 billion in daily trading volume for the first time on the back of the yellow metal’s record-breaking rally. Since the start of the shutdown on October 1, tokenized gold products’ trading volume topped $10 billion, surpassing BlackRock’s iShares Gold Trust (IAU), the world’s second-largest gold ETF, according to a fresh report by CEX.IO. Daily trading volume of tokenized gold products (CEX.IO/CoinGecko) In that same window, the price of gold surged over 10% in October topping $4,300 per ounces as escalating U.S.-China trade spat, the U.S. government shutdown and emerging signs…

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a formal warning to several Virtual Asset Service Providers (VASPs). The warning follows supervisory reviews in 2024 and 2025 that found “major weaknesses” in their Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) Business Risk Assessments (BRA). Related: VARA Penalizes 19 Crypto Firms for Operating Without Licenses in Dubai Firms Failed to Address AI, Proliferation Financing Risks VARA stated that multiple VASPs failed to maintain proper documentation and data-driven methodologies for their risk assessments. Several entities were found using unrealistic residual risk ratings. Crucially, the regulator noted that firms were…

Ethereum price reclaims the $3,425 failed auction level, signaling strong demand. Bulls aim to confirm a reversal with a potential rally toward the $3,900–$4,000 resistance zone. Summary Failed Auction: $3,425 level reclaimed, confirming strong demand. Bullish Setup: Holding support favors rotation toward $3,900–$4,000. Downside Risk: Losing $3,425 reopens bearish continuation potential. Ethereum (ETH) price has shown renewed strength after reclaiming a key technical level at $3,425, a zone previously lost during the latest correction. The swift recovery above this level suggests that buyers have stepped back in, defending the market from deeper downside continuation. This price behavior now raises the…

Key Takeaways Tempo, a blockchain startup from Stripe, raised $500 million in a round co-led by Thrive Capital and Greenoaks. Tempo is a specialized blockchain focused on efficient global payments, including stablecoin support and tools like Bridge and Privy. Tempo, a blockchain startup launched by Stripe, raised $500M in a funding round co-led by Thrive Capital and Greenoaks. Stripe introduced Tempo as a specialized blockchain designed to enhance payment efficiency for its ecosystem, including integrations with stablecoins and related tools like Bridge and Privy. The high-throughput, low-latency base layer is optimized for global payments use cases. Tempo has begun collaborating…

Anton and James Peraire-Bueno, two brothers indicted for their alleged role in money laundering and fraud involving a $25 million exploit of the Ethereum blockchain, could face a second trial as early as February. In a Monday filing in the US District Court for the Southern District of New York, lawyers representing the US government requested a federal judge schedule a retrial for the Peraire-Bueno brothers “as soon as practicable in late February or early March 2026.” The request came about three days after a judge declared a mistrial in the case, following the jurors’ inability to reach a verdict.…

The ethereum forecast has reignited debate after Fundstrat’s projection and a strong rebuttal questioned assumptions about tokenization, timing and regulatory hurdles, framing RWA tokenization adoption as a long and complex process rather than an immediate liquidity event for prices. See the BeinCrypto report. What underpins the ethereum forecast and the Tom Lee eth prediction? How credible is BitWu’s analysis on RWA tokenization and the ethereum forecast? What assumptions does BitWu make? (bitwu analysis critique) How realistic is the 2026-2028 RWA breakout for the ethereum forecast? Does the 0.5%-1% moving on-chain math justify ethereum forecast price targets? Will stablecoins, validators and…

Crypto markets crashed as Trump reaffirmed 100% tariffs on China, despite admitting they are “unsustainable.” Summary Crypto markets fell more than 5% amid ongoing trade tensions between the U.S. and China Donald Trump justified 100% tariffs on China, despite admitting the figure is unsustainable New U.S. tariffs on China sparked renewed global risk aversion, hitting crypto assets hard. On Friday, Oct. 17, Bitcoin fell 5%, adding to a 13% weekly loss. At the same time, the total crypto market cap fell 5.75%, while the top 20 crypto assets dropped about 5%. The market downturn coincided with U.S. President Donald Trump’s…

A majority of the U.S. House of Representatives voted in favor of a funding bill to reopen the government late Wednesday after a record-breaking 42-day shutdown, sending the continuing resolution to President Donald Trump’s desk for his signature. The government looked set to remain shut down for the foreseeable future before a group of Senate Democrats and the majority of Senate Republicans voted in favor of the roughly 3-month funding measure late Sunday, giving up their key demands to end the shutdown but forcing a (failed) vote on Affordable Care Act subsidies. The lengthy shutdown halted the U.S. government’s progress…

The Belarusian President Alexander Lukashenko has classified cryptocurrencies as one of the possible paths for the world to wean itself off dependence on the US dollar. The president’s remarks came while he was at a government meeting held to discuss the performance of the Belarusian Nuclear Power Plant, rising electricity consumption and proposals for new nuclear capacities. Lukashenko’s faith in crypto as a way to escape dollar dominance The president has asked for a report on the measures taken to increase electricity consumption, their results, and proposals for the further development of the electric power industry and related sectors. In…

Polygon announced today that Calastone, the global funds network, has integrated its tokenised distribution solution with the Ethereum Layer 2 scaling network. The integration enables Calastone’s blockchain-based fund distribution platform to operate on Polygon’s infrastructure, supporting institutional-grade, on-chain fund operations. Polygon and Calastone Join Forces According to the official press release shared with CryptoPotato, Calastone’s Tokenised Distribution allows fund share classes to function directly on-chain and reduce settlement times as well as operational costs for asset managers while retaining existing administrative workflows. Polygon’s network will facilitate high-volume institutional operations across Calastone’s network, which spans 4,500 financial institutions in 58 markets.…