Author: NBTC

The derivatives arm of trading platform Robinhood has sued regulators in Nevada and New Jersey in a bid to head off any potential enforcement action from the states over its sports event contracts. In a pair of complaints on Tuesday against Nevada and New Jersey gaming regulators and their attorneys general, Robinhood Derivatives said it started offering the event contracts in the states after federal courts earlier this year allowed prediction market Kalshi to offer the contracts. Robinhood claimed in separate lawsuits that after those rulings, Nevada and New Jersey continued trying to stop the company from offering the contracts…

Tradefi.bot, the AI-powered decentralized trading infrastructure, has successfully closed a $20 million funding round led by Rollman Management, marking an important milestone in its global expansion. Tradefi.bot is a non-custodial AI-powered ecosystem that allows anyone to deploy AI Trading Agents (decentralized bots) capable of executing automated strategies 24/7 on major CEXs and DEXs (including OKX, Binance, Bybit, and Bitget). The project, which is preparing its Token Generation Event (TGE) for late August or September, aims to revolutionize the way investors participate in crypto markets by merging AI, DeFi, and Web3, creating a new era of secure, automated, and scalable passive…

Ethereum (ETH), the leading altcoin, has now surpassed leading streaming behemoth Netflix (NFLX) and payments giant Mastercard (MA) by market capitalization. It is now on the cusp of topping American multinational pharmaceutical juggernaut Eli Lilly. Ethereum’s relentless rally On Tuesday, the price of ETH topped the $4,600 level for the first time since December 2021. It has now extended its rally, reaching an intraday high of $4,682 on Wednesday. The altcoin is now just inches away from reaching a new record high for the first time since November 2021. It would need to rally by roughly 5% in order to…

A federal judge has ordered Eddy Alexandre and his company EminiFX to pay $228.5 million in restitution to investors who lost money in what authorities called a ‘brazen’ crypto Ponzi scheme that bilked over 25,000 people out of more than $248 million. U.S. District Judge Valerie Caproni granted summary judgment Tuesday in favor of the Commodity Futures Trading Commission in its civil enforcement action against Alexandre.  The ruling comes after Alexandre was already sentenced to nine years in federal prison last July for his role in operating the fraudulent EminiFX trading platform. Alexandre, who represented himself, opposed the CFTC’s motion…

Blazpay, an advanced Decentralized Finance (DeFi) platform offering next-gen financial services with AI, has announced its strategic partnership with CodexField, a decentralized content storage and sharing platform. The partnership’s main purpose is to combine Blazpay’s AI-driven DeFi expertise with CodexField’s infrastructure to create an ecosystem where code is owned, transparent, and financially useful. We’re excited to announce our partnership with @CodexField -the full-stack infrastructure for ownership confirmation, permission management, and financialization of content assets in Web3. 🤝Together, Blazpay x CodexField are enabling a new era of developer empowerment… pic.twitter.com/eiwXpya2BO — Blazpay (@blazpaylabs) August 19, 2025 The primary focus of this…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Last week’s macro super bowl, as we called it in our most recent Forward Guidance roundup, certainly lived up to expectations of fireworks. Just look at how much the market’s odds for a September rate cut have whipsawed: Source: CME Group That initial dip was caused by some pretty nasty PCE data that put into question the path of monetary policy. As seen in the chart below, inflation seems to be heading above the Fed’s 2% target: Source: MacroMicro.me More importantly, goods are now driving the…

After four years in the wilderness, bitcoin exchange traded notes (ETN) are set to return to London and the change could prove more significant than many expect.Starting Oct. 8, these products, which allow retail investors to gain exposure to the cryptocurrency without buying it themselves, will become available after being banned by the Financial Conduct Authority (FCA) in January 2021. The regulators argued at the time that extreme volatility, susceptibility to fraud and the difficulty of valuation made them too risky for retail investors. But the ban also left the U.K. lagging behind developments elsewhere. The U.S. spot exchange-traded funds…

Compass Mining has fully energized a ten-megawatt bitcoin mining facility in Texas, developed in partnership with ONMINE, to advance its vertical integration strategy. Texas Bitcoin Mining Facility Comes Online Through Compass, ONMINE Deal The project places Compass in control of day-to-day operations while introducing a shared revenue model and power-pricing risk assumption with the site owner. The facility reached full capacity in July after a staged energization process. Compass expects to transition the entire site to enterprise client hosting by October. “This partnership reflects Compass Mining’s evolution from a hosting marketplace into a full-stack mining infrastructure operator,” said Karoon Mackenchery,…

Hyperliquid has generated over $1 billion in annualized revenue with just 11 employees. How do they pull it off? Summary Hyperliquid earns the majority of its revenue from trading fees on its perps exchange, with cumulative fees and revenue rising in near-perfect sync. The firm operates lean, with roughly half of its 11-person team focused on engineering, enabling $10B in daily volume. Founder Jeff Yan rejected venture capital to keep the protocol self-funded, emphasizing product development, community, and disciplined hiring of elite talent from top institutions and trading firms. Hyperliquid (HYPE), the derivatives DEX built on its own Layer-1 blockchain,…

Ethereum Price Reaches Fresh High Ethereum ($ETH) has officially climbed to a new high of $4,678, coming within striking distance of its previous record of $4,891 set on November 16, 2021. The recent rally marks another milestone for the second-largest cryptocurrency, as bullish momentum continues to dominate the market. ETH/USD 4-hours chart – TradingView Chart Analysis: ETH Eyes $5,000 The 4-hour ETH/USD chart shows a steep upward trajectory since early August, with price action surging past multiple resistance levels. Key highlights include: Strong SMA Support: ETH remains comfortably above its 50-day SMA at $4,039 and well clear of the 200-day…