Author: NBTC

BlackRock’s IBIT and Fidelity’s FBTC led inflows as bitcoin BTC$114,128.22 ETFs logged their strongest day since July, with BTC climbing past $114,000. Ether (ETH) topped $4,400, as Ethereum funds ETHA and FETH saw renewed demand according to data curated by SoSoValue. BTC spot ETFs pulled in $757 million of net inflows on Wednesday. Fidelity’s FBTC posted the largest single-day inflow at $299 million, followed by BlackRock’s IBIT with $211 million. Ark Invest’s ARKB added $145 million, rounding out the top three. Ether ETFs also turned a corner after last week’s redemptions. Net inflows totaled $171 million on the day, led…

A leading payments platform is launching a new smartphone application promising to effortlessly combine crypto with traditional financing. On Tuesday, Bolt launched its new SuperApp, a platform that combines payments, banking, crypto trading, rewards and shopping into one application. The app, previously available in beta, is now live on the Apple App Store and Google Play Store. The company said the product is designed to replace the need for multiple financial apps by offering services such as peer-to-peer transfers, direct deposit, ATM access, and debit card issuance. Users can also trade more than 40 cryptocurrencies, including Bitcoin, Ethereum, Polygon, Solana…

Coinbase chief legal officer Paul Grewal and Base founder Jesse Pollak argued that Layer-2 (L2) sequencers constitute infrastructure rather than exchanges. Their statements contradict the current regulatory stance, considering SEC Commissioner Hester Peirce has previously warned that centralized matching engines may face exchange registration requirements. Grewal compared Base’s sequencer to Amazon Web Services in a Sept. 22 post, stating that layer-2 blockchains operate as general-purpose infrastructure processing code deterministically. He argued that L2s “batch all transactions while deferring any formal order interaction/matching rules to an app’s smart contracts and frontend.” Pollak provided technical details supporting the infrastructure argument, explaining that…

Ethereum’s price has been consolidating for over a month now and is yet to push through the key $5,000 mark. This consolidation has come following a significant rally since April, pushing the asset past multiple resistance levels, and will likely continue if the market is able to break through the $4,800 level in the coming weeks. Technical Analysis By Shayan The Daily Chart The daily chart shows a clear overview of ETH’s uptrend inside a large ascending channel since April this year, with the price reclaiming several key levels, including the 100-day and 200-day moving averages, which are now located…

Experts suggest growing anticipation ahead of key macroeconomic events this week has led to a stark divergence between futures traders betting on Ethereum and exchange-traded funds rotating their capital to Bitcoin. Aggregate 24-hour futures volume for Ethereum reached $49.4 billion, surpassing Bitcoin’s $42.9 billion, data from analytics firm Coinanalyze shows. The surge in speculative interest for the second-largest crypto contrasts with capital flows in the ETF space.  U.S. spot Bitcoin ETFs have notched a net inflow of $1.39 billion over the past ten days, according to data from SoSoValue.  Over the same period, spot Ethereum ETFs have seen outflows…

The U.S. Commodity Futures Trading Commission is starting an initiative to allow stablecoins as tokenized collateral to satisfy margin needs in the vast derivatives market, inviting input from the industry on how to bring such a policy online. In the latest move toward crypto inclusion in the U.S. financial sector, the acting chief of the CFTC, Caroline Pham, continues to advance policy in the absence of President Donald Trump’s current nominee to be the chairman, former Commissioner Brian Quintenz. As the confirmation process for Quintenz remains mired in delays and some open conflict, Pham has been regularly announcing initiatives as…

A “gm” tweet from Sam Bankman-Fried has sparked speculation of his crypto comeback, linking him to a new Solana-based perpetual futures DEX launched by a former FTX COO. The project is using a “tokenless” model that rewards users with points, drawing parallels to SBF’s past success with the “Solana playbook.” The Solana Playbook The SBF connection gained momentum after he broke months of silence with a simple “gm” post from his official X handle, which quickly went viral. The timing also overlapped with a rally in the ASTER token, drawing parallels with SBF’s infamous early bet on Solana in his…

Onino, a Europe-based tokenization engine, announced a strategic collaboration with GBeast, a meme coin social ecosystem. With this partnership, GBeast leverages Onino’s tokenization platform to expand its offerings beyond meme coins. Onino is a Layer-1 blockchain network and tokenization platform designed to bring scalable, compliant, and transparent RWAs on-chain. On the other hand, GBeast is a meme coin social network that allows people to engage with various meme tokens, collaborate for growth, and earn rewards for self-development. 🚨 Partnership Announcement 🚨Memes meet modular tokenization.🤝We’re teaming up with @Gbeast_1, the social-powered memecoin ecosystem turning $GB into a bridge across communities.Together, we’re…

Wallets holding 1K–10K ETH added 818,410 ETH ($2.5B) in 4 months — the largest buying spree since 2018. Ethereum exchange reserves hit multi-year lows, signaling growing scarcity. Ethereum whales have quietly launched their most aggressive buying spree in years. Data from Glassnode and Lookonchain shows that wallets holding between 1,000 and 10,000 ETH added 818,410 ETH worth $2.5 billion in just four months, effectively doubling their holdings. This is the largest accumulation campaign since the 2018 bear market bottom. Not only mid-tier wallets but also mega-whale wallets holding over 10,000 ETH have grown to ~1,200 addresses, a level not seen…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. I started covering Franklin Templeton half a dozen years ago while on the asset management beat at a B2B finance pub. I wasn’t aware of the term TradFi back then and knew little about crypto. The $1.6 trillion money manager is still very relevant to my transformed beat. You might remember my July interview with Sandy Kaul, during which she said all Franklin Templeton products are likely to end up onchain. She promised there’d be more to come. Sure enough, the financial giant said today it…