Author: NBTC
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Grayscale Investments has historically had a four-stage lifecycle for its products. A recent Cardano ETF filing signals that could be changing as regulatory winds shift. The company typically first goes with private placement launches for accredited investors (like the Dogecoin Trust it launched a couple weeks ago). Step two is obtaining public quotations for unrestricted shares of those private placements. Grayscale then makes its products SEC-reporting companies, subjecting them to more disclosure and regulatory oversight. Finally, it looks to uplist its products to an ETF when…
Newly elected Canadian Prime Minister Mark Carney, who recently won a leadership contest of the Liberal Party to replace Justin Trudeau, has dramatically increased his odds of winning the next federal election in the eyes of Polymarket bettors. Carney now has a 49% chance of winning the next Canadian election, compared to 26% a month ago. Conservative opposition leader Pierre Poilievre’s chances are at 51%, down from 72% in February. The next Canadian federal election is scheduled to occur on October 20, 2025. However, under Canada’s Westminster system, if the opposition Conservatives and NDP jointly vote against the minority Liberal…
A recent analytical report reveals that institutional exposure to the pioneering cryptocurrency Bitcoin saw notable upticks in the fourth quarter of 2024. Bitcoin is becoming an asset class of choice among institutional investors. Its historical performance and reputation against inflation have been primary lures to the largest cryptocurrency by market cap. The approval of the US Bitcoin spot exchange-traded funds (ETFs) last year has made buying the asset easier for traditional retail and institutional investors. Notably, the Bitcoin products have continued to gain traction, recording a cumulative net inflow of $40 billion as of today. Meanwhile, a recent report shows…
Ethereum (ETH) is giving investors a serious case of whiplash. After a 13.40% drop in the past week, and with the trading volume in the last 24 hours standing at $17.64 billion, the market is clearly on edge. Analysts are watching price patterns, technical indicators, and liquidation trends to figure out Ethereum’s next potential move. By the way, ETH trades at $1,893.17 as of press time. Mixed Signals: Falling Wedge vs. Bearish Outlook According to Daan Crypto Trades, Ethereum has been consolidating following a substantial market downturn. He points to a falling wedge pattern as a possible sign of a…
BabyDoge (BABYDOGE) emerged in June 2021 as a community-driven cryptocurrency, making it one of the first major memecoins to burst onto the scene. While it draws inspiration from Dogecoin, BabyDoge sets itself apart through a unique combination of elements rarely seen in the memecoin space: innovative tokenomics on the BNB Smart Chain (BSC), genuine utility through real-world applications, and a commitment on animal welfare. Unlike many meme tokens that rely solely on humor and speculation, BabyDoge has successfully merged the playful aspects of meme culture with practical cryptocurrency innovations and tangible social impact. Meme to Mainstream: The BabyDoge Journey The…
John Deaton, a well-known lawyer for XRP holders, has flagged a claim circulating in the cryptocurrency space as false. Notably, the claim concerns the roles of different crypto assets within the U.S. government and specifically mentions XRP, Cardano (ADA) and Solana (SOL). Setting XRP and Cardano record straight Deaton, in an X post, clarified that the Securities and Exchange Commission (SEC) did not issue any statement. “EVERYONE: The @SECGov did not release any such thing,” he wrote. EVERYONE:The @SECGov did not release any such thing. https://t.co/PbRoMZbe6A — John E Deaton (@JohnEDeaton1) March 14, 2025 The XRP lawyer’s clarification became necessary…
In a post shared on X with his 700,000 followers, market veteran CRYPTO₿IRB (@crypto_birb) outlined what he believes could be one of Bitcoin’s final major pullbacks before an eventual surge to a six-figure price target. In his own words: “BTC LAST DIPS BEFORE $273K? Here’s why:” He backed up this claim with a series of concise bullet points covering market trends, technical signals, and historical data. Last Chance to Buy Bitcoin Cheap? CRYPTO₿IRB’s analysis begins with a description of the “Bull Market” environment, noting that both the 200-week and 50-week moving averages are rising. These long-term trends often reflect a…
Ethereum’s vision appears to be so messy that it leaves EVM changes in limbo, says a former Ethereum Foundation engineer. Frustrated by the lack of direction and stalled progress in Ethereum’s development, a former Solidity expert and compiler engineer claims there is a “lack of a clear and cohesive vision” for Ethereum (ETH) and the Ethereum Virtual Machine, making progress in the latter “impossible.” This is why I left the Ethereum Foundation.There is a lack of a clear and cohesive vision for Ethereum and EVM, making progress in EVM impossible.I’ve seen EVM changes repeatedly shut down because they don’t check…
Kelsier CEO Hayden Davis, the brains behind the controversial LIBRA memecoin, said he also launched the MELANIA memecoin and that his team sniped both tokens as soon as the contract addresses went live. LIBRA was released on Friday, sparking a now-deleted tweet of support from Argentina’s President Javier Milei saying it would support small and mid-sized businesses in the country. His backtracking on the project prompted a 95% plunge in the token’s value. Sniping is when people use bots to buy memecoins seconds after the smart contract goes live. Wallets that snipe funds are often those that end up with…
Crypto lawyer John Deaton debunks report claiming SEC assigned specific roles to XRP, ADA, and SOL
Crypto lawyer John E. Deaton has refuted a report that claimed the U.S. Securities and Exchange Commission (SEC) had assigned specific roles to XRP, ADA, and SOL. Deaton stated unequivocally on social media platform X that the SEC did not release any such information. EVERYONE:The @SECGov did not release any such thing. https://t.co/PbRoMZbe6A — John E Deaton (@JohnEDeaton1) March 14, 2025 What Did the Disputed Report Claim? The report, which appeared on a crypto news platform several hours before Deaton’s rebuttal, alleged that the SEC had designated XRP for state-level financial transactions, ADA for academic credentialing and government services, and…