Author: NBTC

Prediction market PredictIt, which started out as an academic platform focused on political forecasts, is preparing to launch a new exchange after getting the nod from the Commodities Futures Trading Commission. PredictIt, operated by the D.C.-based Aristole, said last week that the CFTC approved its applications to operate as both a designated contract market, or DCM, and derivatives clearing organization, or DCO. “With these approvals, Aristotle will launch a new exchange designed to provide U.S. traders with more diverse markets, deeper liquidity, and broader participation,” the company said last week in a press release. The company plans to expand beyond…

The Ether Machine (ETHM), a crypto investment vehicle preparing to go public through a merger with Dynamix Corporation, said on Tuesday it has secured an additional 150,000 ether (ETH), worth about $654 million, from Jeffrey Berns, the founder of Blockchains. The latest commitment brings the company’s total ETH owned or pledged to 495,362 ETH, valued at about $2.16 billion, the press release said. The firm also has up to $367.1 million reserved for further purchases, assuming Dynamix shareholders don’t redeem their shares before the merger closes. Berns, who has backed Ethereum as a platform for digital identity and internet infrastructure,…

UK industry groups are calling on the government to include blockchain in a forthcoming “Tech Bridge” agreement with the United States, warning that exclusion could weaken Britain’s role in setting global financial standards. Bloomberg reported the appeal ahead of President Donald Trump’s state visit. UK Lobby Groups Step Up Pressure In a letter to Business Secretary Peter Kyle dated Thursday, a coalition of a dozen trade bodies representing finance, technology, and crypto urged that distributed ledger technology sit as a “core strand” of the UK-US Tech Bridge. The groups also sent the letter to Economic Secretary to the Treasury Lucy…

Robinhood Markets Inc. is expanding beyond trading by launching a new in-app social network, Robinhood Social. The app’s rollout begins early next year. A select group of customers will be the first to get invitations. After that, the feature will be rolled out to all users. Its arrival is another sign that the online brokerage has entered a new era. Robinhood is a place to invest, combined with community and conversation. Robinhood puts trading at the center of social Robinhood Social follows a simple rule: every post must be linked to a real trade. Whether users share insights on stocks,…

A prominent market analyst insists Ethereum still has more room to grow, calling attention to a confluence factor that could trigger the next leg up. Notably, Ethereum finds itself at a decisive point after reaching a new all-time high of $4,955 in August. Since then, the price has dropped 13%, but it continues to hold above $4,300 despite doubts about whether the bull run still has legs. Ethereum Still Has More Upside Potential Interestingly, market analyst EGRAG Crypto believes the rally has not ended. In his latest analysis, he argued that Ethereum could still climb much higher, even reaching $22,000,…

Investor nerves over U.S. monetary policy drove the largest weekly withdrawals from digital-asset investment products since March, CoinShares reported Monday. This happened even as trading volumes in exchange-traded products (ETPs) jumped sharply, showing how polarised markets have become. Overall, digital asset funds saw $1.43 billion in outflows last week while ETP trading volumes surged to about $38 billion. The pullback was led by Bitcoin, which accounted for roughly $1 billion of the outflows. Ethereum, by contrast, proved more resilient: it registered $440 million in weekly outflows but staged a mid-week recovery that left it month-to-date with roughly $2.5 billion of…

The White House wants Congress to move quickly on cryptocurrency market structure legislation. When it comes to ironing out the details, though, lawmakers and industry stakeholders have their work cut out for them. Speaking at an industry event in Washington, D.C. Thursday, Patrick Witt — the newly-appointed executive director of the President’s Council of Advisors on Digital Assets — said getting the bill over the finish line is a top priority. Senate Republicans last week unveiled an updated draft of their crypto market structure bill, the Responsible Financial Innovation Act of 2025. The legislation is notably different from the CLARITY…

Exciting news from the South Korean crypto scene! Major exchange Bithumb has just announced significant Bithumb listings, bringing OpenLedger (OPEN) and Linea (LINEA) to its highly active South Korean Won (KRW) market. This move is poised to create new trading opportunities for investors and further expand the accessibility of these promising digital assets. What Do These Bithumb Listings Mean for Traders? Bithumb, a leading cryptocurrency exchange in South Korea, confirmed that it will be adding OPEN and LINEA to its trading pairs. For OPEN, trading is set to kick off at 8:00 a.m. UTC on September 10th. However, the specific…

After Bitcoin, corporate focus is shifting to Ethereum. Institutional ETH treasury firms continue to proliferate, with the largest being Bitmine and SharpLink Gaming, which are acquiring massive amounts of Ethereum (ETH). According to the latest data, the largest ETH treasury company, Bitmine, announced that it acquired 153,075 ETH last week. SharpLink Gaming, the second-largest ETH treasury company, also announced the purchase of 39,008 ETH. Bitmine Maintains First Place! According to the official statement, Bitmine, the world’s largest ETH treasury, said it purchased an additional 153,075 ETH worth $668 million last week, bringing its total Ethereum holdings to 1.866 million ETH.…

Pantera Capital is reportedly seeking to raise up to $1.25 billion to convert a Nasdaq-listed company into “Solana Co.,” a public vehicle designed to accumulate Solana tokens as a treasury asset. Plans for the conversion were first detailed in a report from The Information on Tuesday, which claimed that Pantera would begin with a $500 million raise, followed by $750 million through warrants.  It follows Pantera’s disclosure earlier this month that it has quietly deployed around $300 million into digital asset treasury (DAT) firms “across various tokens and geographies” to generate yield and grow net asset value.   “The most…