Author: NBTC

Despite a late-week dovish signal from Fed Chair Powell that spurred a $594 million rebound, crypto funds still bled $1.43 billion overall. The outflows, however, were not uniform, revealing a divergence in investor confidence between major assets. Summary Crypto funds saw $1.43 billion in outflows last week, the largest since March, amid Fed policy concerns. Bitcoin bore the bulk of the selloff with $1 billion in redemptions, while Ethereum limited outflows to $440 million. Exchange-traded product volumes surged to $38 billion, signaling active institutional repositioning. According to the weekly report from CoinShares Head of Research James Butterfill, the substantial capital…

London — Input Output (IO), the blockchain infrastructure and research firm best known as the driving force behind Cardano, has officially joined CryptoUK, the leading trade association for the UK’s digital asset industry.—CryptoUK, founded in 2017, represents more than 100 organizations — from exchanges and custodians to payment providers, law firms, and fintechs. The group works to position the UK at the forefront of global crypto innovation, advocating for transparent, proportionate regulation and the highest standards of consumer protection. It also serves as secretariat to the Crypto and Digital Assets All-Party Parliamentary Group (APPG), helping to create informed dialogue between…

Leaders of the crypto industry want to raise another $1 billion to sell even more solana (SOL) treasury stock, despite a terrible track record of delivering returns to shareholders. Jump Crypto, Galaxy Digital, Multicoin Capital, and Cantor Fitzgerald have secured an endorsement from the Solana Foundation to work on a share sale using the largest quantity of SOL on any public company’s balance sheet. If the deal finalizes, their new public company would outrank the largest publicly traded SOL treasury, Upexi. The arc of Upexi’s stock is similar to the stock of all other major SOL treasury companies: down. On…

This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. A coalition of the world’s leading stock exchanges has urged regulators to crack down on tokenized stocks, warning that blockchain-based assets could threaten investor protection and market stability. In a letter sent on August 22 to the U.S. Securities and Exchange Commission’s Crypto Task Force, the European Securities and Markets Authority, and the International Organization of Securities Commissions’ Fintech Task Force, the World Federation of Exchanges (WFE) said tokenized equities mimic shares without conferring legal ownership or shareholder rights. Reuters, which reviewed the…

Buried beneath yesterday’s tragedies was some groundbreaking financial news: the CFTC Chairman nominee and Head of Policy for a16z crypto, Brian Quintenz, posted personal messages from the Winklevii regarding whether or not he would support their whims once he became chairman. The messages, which were lengthy and purposely vague, seem to ask Quintenz to “rectify what happened to [Gemini]” and implement “cultural reform” within the Commodity Futures Trading Commission (CFTC). Quintenz didn’t push back on these requests and implied that when it comes to the CFTC, he does “not have anything close to a full picture of what is going…

Non-USD stablecoins are a growing market in 2025, rebounding after a brief pause in March and April. These assets are powering genuine crypto adoption in several regions, which is often an elusive target. Latin America, especially Brazil, is powering this trend, representing 55% of the total volume. Additionally, Polygon is by far the most popular blockchain, giving it a potential opportunity. Non-USD Stablecoins on the Rise Dollar-based stablecoins are highly prominent for obvious reasons; they represent the largest token platforms. President Trump even wants to include them in US fiscal policy, prompting new integrations. Still, non-USD stablecoins have also been…

Former FTX CEO Sam “SBF” Bankman-Fried, serving a 25-year sentence after his conviction on seven felony counts, will take the next step in his appeals process with a hearing scheduled for November. According to a Wednesday notice in the US Court of Appeals for the Second Circuit, Bankman-Fried’s appeals case has been calendared for arguments on Nov. 4. The court proceeding will mark the first significant movement in the former CEO’s criminal case since his transfer from a New York City facility in March to one in California. The hearing in the Second Circuit had been expected since Bankman-Fried’s lawyers…

Michael Saylor has taken immediate advantage of his modified promise about diluting common shareholders with today’s massive increase in the supply of Strategy, formerly known as MicroStrategy (MSTR). This morning, he announced 875,301 more shares sold of MSTR under his at-the-market (ATM) offering. Those sales would have been prohibited under slide 96 of the company’s original Q2 2025 earnings presentation. For a few weeks, the company stated unequivocally, “We will not issue MSTR below 2.5x mNAV except to pay interest and dividends.” Fortunately for Saylor, that sentence was erased from the revised, August 18 version. The new promise allows Strategy…

Jair Bolsonaro, former President of Brazil, was found guilty of plotting a coup d’état alongside several other serious charges. The Supreme Court sentenced him to over 27 years in prison. In his own capacities as a political leader, Bolsonaro made a marginal impact on pro-crypto regulatory policies. Still, his downfall could have major market implications. Bolsonaro Found Guilty Jair Bolsonaro, Brazil’s former President and Trump ally, has been at the center of a massive scandal. After narrowly losing an election in 2022, he attempted to stage a coup. This incident led to years of legal battles, but the nation’s Supreme…

Search.com has entered the race to acquire Google Chrome, topping Perplexity AI’s $34.5 billion bid with a $35 billion counteroffer backed by JPMorgan Chase and a consortium of private equity firms. The $500 million move intensifies a high-stakes battle over the future of web browsing and AI search, as more challengers position themselves to take control of the world’s most-used browser. “We see this as both offense and defense,” Melissa Anderson, president of Public Good, which owns Search.com, told Decrypt. “Acquiring Chrome gives us the scale to accelerate adoption of our AI search platform—and a direct connection to users.” The…