Author: NBTC

Pantera Capital believes an approved solana spot ETF in the fourth quarter could trigger a surge in institutional demand. The firm argues institutions are currently under‑allocated to solana compared with bitcoin and ether. Pantera Capital Forecasts Institutional Stampede for Solana According to Pantera Capital, a blockchain-focused asset manager, a solana ( SOL) spot exchange-traded fund (ETF)—which it expects to be approved in the fourth quarter—could trigger an institutional stampede for the digital asset. Pantera believes this will inevitably lead to a rise in SOL’s price and market capitalization, which stood at just under $121 billion as of Sept. 22 at…

The UK tax authority has ramped up its scrutiny of crypto investors, doubling the number of warning letters sent to those suspected of underreporting or evading taxes on digital asset gains. HM Revenue & Customs (HMRC) issued nearly 65,000 letters in the 2024–25 tax year, up from 27,700 the year before, the Financial Times reported on Friday, citing data obtained under the Freedom of Information Act. The letters, known as “nudge letters,” are designed to prompt investors to voluntarily correct their tax filings before formal investigations are launched. The sharp increase reflects HMRC’s growing focus on crypto-related tax compliance. Over…

Artificial intelligence (AI) is evolving beyond chatbots and copilots, and the next frontier of this fast-developing industry is a world of AI agents. These autonomous digital actors can browse the web, negotiate contracts, make payments, and collaborate with other machines. The market supporting this shift is immense, with data from Statista projecting the global AI sector to surpass $1 trillion by 2031. Notably, the report suggests that a significant market share would be dedicated to agentic systems capable of independent decision-making. Yet one question dominates the conversation: How will millions of these autonomous agents trust, verify, and transact with each…

Societe Generale-FORGE (SG-FORGE), the cryptocurrency-focused subsidiary of the French bank, has chosen the European arm of crypto exchange Bullish as the first venue to list the lender’s USD CoinVertible (USDCV) stablecoin. The dollar-denominated USDCV stablecoin, which SG Forge introduced on Ethereum and Solana back in June of this year, will list on Bullish Europe, the companies said on Tuesday. Bullish Global is also the owner of CoinDesk. The arrival of regulations around stablecoins has caught the attention of the financial industry. SG Forge’s USDCV stablecoin, like its euro-denominated counterpart (EURCV), is regulated under the Markets in Crypto-Assets regulation (MiCA). Although…

Russia should criminalize foreign exchange operations, including cryptocurrency transactions, according to a consultative body that monitors the legislative process in the country. The idea, which is likely to be met with serious opposition from free market proponents, is evoking associations with penalties that threatened citizens of the USSR who dared to touch the dollar or any other convertible currency. Civic chamber suggests criminal prosecution for crypto payments Government oversight will improve, in terms of cracking down on financial offenses, if illegal foreign exchange transactions, including those with cryptocurrencies, are criminalized. That’s according to Evgeny Masharov, a member of the Commission…

Hyperliquid co-founder and CEO Jeff Yan claimed that the way centralized crypto exchanges, and Binance specifically, report data is likely to underrepresent liquidations. In a Monday X post, Yan pointed to a documentation page on the world’s top crypto exchange, Binance, explaining that the platform will only include the latest liquidation happening in each second interval in the order snapshot stream. “Because liquidations happen in bursts, this could easily be 100x under-reporting under some conditions,“ Yan wrote. Yan’s statement echoed a Saturday X post from crypto data platform CoinGlass. The platform said that “the actual [liquidated] amount was likely much…

Ether prices fell sharply on Friday, October 10 as tariff concerns fueled losses in risk assets. The world’s second-largest digital currency by total market value plunged to almost $3,500, according to Coinbase data from TradingView. After rising to nearly $4,400 earlier in the day, this represented a roughly 20% decline, additional Coinbase figures from TradingView reveal. Interestingly enough, ether bounced back after reaching its intraday low, approaching $4,000 and trading close to $3,800 at the time of this writing. Equities also suffered declines, with the S&P 500 falling 2.7% and the Dow Jones Industrial Average dropping 1.9% for the day,…

MetaMask’s mUSD, the European Union’s digital euro initiative, and Hong Kong’s offshore yuan token AxCNH set up a three-way contest for on-chain payments. The prize is not trading volume or speculative flows, it is the share of real-world settlement that could reach $2 to $4 trillion annually if 1 to 2 percent of global cross-border payments move to tokenized rails. According to the IMF and industry research, such as McKinsey, the addressable base for cross-border activity ranges in the hundreds of trillions of dollars, depending on scope, making even low single-digit penetration material on a one-year to two-year horizon. US…

Nigeria has established a working group to explore the possible adoption of stablecoins as part of ongoing efforts to support innovation in the financial sector. According to Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), the development comes amidst plans to balance the risks of emerging technologies. Speaking in a joint press briefing at the conclusion of the annual meetings of the World Bank and the International Monetary Fund (IMF) in Washington DC, Cardoso mentioned that the CBN, Ministry of Finance, and other relevant financial bodies have set up a working committee to take a deep dive into…

Crypto exchange WazirX has finally secured approval from the Singapore High Court for its restructuring plan, paving the way for user repayments following the $234 million hacking incident last year. The court’s decision comes weeks after creditors backed a revised proposal. The approval allows WazirX to start the next phase of its recovery process, including token-based fund distributions and reviving the exchange’s operations. “Thank you to everyone who supported this difficult phase of WazirX. The Singapore High Court has approved the scheme,” WazirX founder Nischal Shetty said in a post on X. “It’s your support and love that has made…