Author: NBTC

South Korea’s Financial Services Commission (FSC) has announced new rules for crypto lending services offered through centralized exchanges. South Korea Introduces New Regulation on Crypto Loans: Interest Rate Cap 20% The Commission stated in a press release that the regulation “aims to strengthen user protection, taking into account global examples.” Under the new regulations, leveraged loans exceeding collateral value are prohibited. Additionally, a 20% cap has been imposed on crypto loan interest rates. Products requiring users to repay with cash are also banned due to their violation of credit regulations. The FSC emphasized that companies offering these services may only…

Ethereum price is consolidating just below its all-time high, holding critical support at $3,900. If this zone holds, price action could accelerate toward the Fibonacci extension target at $5,790. Summary Key Support: $3,900 acts as critical support after Ethereum’s breakout above its all-time high. Bullish Structure: Higher highs and higher lows reinforce continuation potential. Upside Target: Sustained demand could drive ETH toward the $5,790 Fibonacci extension target. Ethereum (ETH)’s breakout above its previous all-time high has shifted market structure decisively into bullish territory. Price action is now consolidating, with $3,900 emerging as the crucial support that needs to be defended.…

Bybit EU Group, the European arm of Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has formally applied for an investment firm license under Austria’s implementation of the Markets in Financial Instruments Directive (MiFID II), according to the reports disclosed to Finbold on Friday, September 5. If the application is approved, the company’s local entity, Bybit X GmbH, will be able to offer regulated derivatives products such futures and options across the European Economic Area (EEA). The application largely coincides with the official launch of Bybit’s crypto payment card in the same region, which now allows users to spend…

CreataChain, a cutting-edge blockchain with L0 infrastructure, has partnered with LightCycle, a next-gen metaverse platform. The partnership aims to merge entertainment and fashion with AI to drive interoperability within the metaverse ecosystem. As per the official announcement of CreataChain on social media, the development focuses on leveraging the Lunar Link technology for seamless connectivity. Hence, the collaboration is poised to redefine the evolution of digital culture within the Web3 sector. 🌆🤝✨ Fashion, AI & Interoperability in the MetaverseWe’re excited to team up with @lightcycle_city — a next-gen metaverse ecosystem merging fashion, entertainment & AI, built with Unreal Engine + ZK…

The recent crypto market dip isn’t deterring Ethereum bulls: They’re still betting ETH goes higher. Prediction market traders on Myriad, a market developed by Decrypt’s parent company Dastan, remain convinced that Ethereum hits the $5,000 price mark sooner rather than later, notching a new all-time high in the process. While Ethereum currently hovers near $4,500 after a wild up-and-down weekend, traders on Myriad place the odds of ETH hitting $5K in the next four months at around 80% on one market, and nearly 73% odds on a separate market.  Sure, those odds are down a bit in the last…

When BlackRock’s iShares Bitcoin Trust (IBIT) options went live on Nov. 19, trading activity exploded, reaching over $2 billion in volume on day one. Around the same time, Strategy’s (MSTR) multiple to net asset value (mNAV), calculated by dividing its enterprise value by its bitcoin BTC$110,932.31 NAV, hit a cycle peak of 3.141 on Nov 20. This peak aligned with bitcoin’s price nearing $100,000 and MSTR’s stock reaching an all-time high of $540. Since then, MSTR has fallen 40%, and its mNAV has compressed to 1.55. At the peak, Strategy held 331,200 BTC, which now represents an increase of roughly…

Are you ready for some exciting news in the crypto world? Binance Alpha, the innovative on-chain trading platform within the Binance Wallet, has just announced a significant addition: Black Mirror MIRROR. This development is generating considerable buzz, especially among investors who closely follow early-stage cryptocurrency projects. The inclusion of Black Mirror MIRROR marks a fresh opportunity for discovery and engagement within the dynamic digital asset landscape. What is Binance Alpha and Why is This Important for Black Mirror MIRROR? Binance Alpha serves as a dedicated on-chain trading platform, specifically designed to spotlight and list early-stage coins. It operates seamlessly within…

Following a period of substantial inflows, U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) are facing a season of major outflows. During this time, Bitcoin ETFs are leading, and these withdrawals are reflecting the price of the underlying asset. Data reviewed by analysts at the crypto exchange Bitfinex revealed that investors withdrew at least $1.18 billion from spot Bitcoin ETFs last week. Their Ethereum counterparts saw fewer outflows, possibly due to the ongoing capital rotation into the altcoin market. A Week of Consistent Outflows Bitcoin ETFs have recorded net outflows of more than $1.5 billion over six consecutive trading days…

The S&P 500 selection committee met yesterday to discuss Strategy (formerly, MicroStrategy). Many investors expect Strategy’s common stock, MSTR, to gain acceptance into the prestigious S&P 500 Index when it announces its decision on Friday, but approval isn’t guaranteed. Michael Saylor’s $96 billion bitcoin (BTC) treasury company looks to have ticked off all items on S&P Dow Jones Indices’ checklist. These include: Having a US domicile and deriving the majority of its revenue from the US Listing its securities — ideally common stock — on a major NYSE, NASDAQ, or CBOE exchange Having a market capitalization ranking in the 85th…

Kazakhstan’s financial regulators have allowed license and supervision fees to be paid in USD-pegged stablecoins. Kazakhstan’s Astana Financial Services Authority (AFSA), a designated financial authority for the Astana International Financial Centre (AIFC), has launched a project enabling AIFC members to pay regulatory fees in USD-pegged stablecoins. The regulator announced on Thursday that the project was officially launched at the local event Astana Finance Days 2025, signing a related multilateral memorandum of understanding (MMoU) with the centralized crypto exchange (CEX) Bybit. “This initiative represents a first-of-its-kind regulatory framework for payments in stablecoins in the region, signaling Kazakhstan’s ambition to position the…