Author: NBTC

Stocks rose on Monday amid President Donald Trump’s remarks on U.S. trade talks with China, with markets’ attention also firmly on this week’s highly anticipated Federal Reserve meeting. Summary Dow Jones rose nearly 100 points as investors eyed Federal Reserve’s meeting this week. President Donald Trump’s comments on U.S.-China trade negotiations also helped investor sentiment. Tesla stock jumped as Elon Musk bought $1 billion of the company’s stock. The Dow Jones Industrial Average added nearly 100 points, while the benchmark S&P 500 climbed 0.4%, and the Nasdaq Composite edged up 0.6%. Stocks looked to extend last week’s bounce to record…

Kraken, a global cryptocurrency exchange, has partnered with an affiliate of Circle Internet Group, Inc. to expand access to USDC and EURC on its platform. The partnership aims to support the development of onchain financial applications. Kraken has been a provider of stablecoin liquidity since 2017. The collaboration with Circle is intended to increase liquidity, lower conversion fees, and provide access to Circle’s euro-denominated stablecoin, EURC. Growing Demand and Regulatory Clarity The company said demand for stablecoins on its platform has grown steadily. Regulatory clarity in several jurisdictions and rising confidence in the market have contributed to this trend. Digital…

A coalition of Web3 companies has introduced a new Ethereum token standard designed to streamline compliance and reduce fragmentation in the growing real-world asset (RWA) sector. According to an announcement sent to Cointelegraph, the standard, ERC-7943, creates a minimal, modular interface designed to work across Ethereum layer-2s and Ethereum Virtual Machine (EVM) chains, while remaining agnostic to implementation and vendor-specific infrastructure. This means it can work in any setup and isn’t locked into any specific company’s tools. Dario Lo Buglio, the co-founder of Brickken and the author of the Ethereum Improvement Proposal (EIP)-7943, told Cointelegraph that the new standard acts…

Gemini stock price rose after the closely-watched initial public offering. The company faces major headwinds, including its substantial losses. Most of the companies that surged after the IPO plunged afterwards. Gemini stock price had a highly volatile first day as a publicly traded company. It initially popped to $45 after the much-anticipated Initial Public Offering (IPO) and then ended the day at $32. Here’s why this crash could be the start of a prolonged bear market. Gemini Space Station faces major headwinds Gemini, the crypto exchange launched by the Winklevoss Twins, launched its IPO on Friday, raising $425 million. It…

Global online CFD broker Axi has launched fiat-settled crypto perpetual contracts. The product allows traders to gain exposure to crypto derivatives without converting funds into stablecoins. The contracts are settled directly in fiat currencies. According to the company, this removes the need for stablecoin conversions, reduces counterparty risks, and provides greater clarity on balances and performance. Stuart Cooke, Head of New Business at Axi, Source: LinkedIn The launch comes as regulators and industry participants continue to highlight risks around transparency and investor protection in crypto markets. Stuart Cooke, Head of New Business at Axi, said the move responds to concerns…

Neurolov, a popular decentralized AI platform, has collaborated with mobiNODE, a NOWchain-powered protocol using Proof-of-Mobile consensus mechanism. The partnership is aimed at fortifying the decentralized physical infrastructure network (DePIN) by leveraging AI compute facilities. As mentioned in the official announcement shared by Neurolov on X, the development is set to broaden the adoption of $NLOV, its native token, within the NOWchain ecosystem. Additionally, the collaboration also merges community-led compute and the growth engine of mobiNODE. Neurolov and mobiNODE Alliance Accelerates DePIN Infrastructure with at AI and Web3’s Intersection As included in the partnership, the users can expect a robust DePIN…

The financial world is buzzing with anticipation, and a recent development from the U.S. Securities and Exchange Commission (SEC) has added another layer of intrigue to the ongoing saga of cryptocurrency investment products. Specifically, the SEC has pushed back its decision on a crucial aspect of Franklin Templeton’s proposed spot Ethereum Exchange-Traded Fund (ETF): the ETH ETF staking component. This delay, extending the deadline to November 13, has significant implications for how investors might access and earn yield from Ethereum in the future. Understanding the ETH ETF Staking Delay The U.S. Securities and Exchange Commission (SEC) plays a vital role…

Tether has selected Anchorage Digital, the only federally chartered digital asset bank in the U.S., to issue Tether’s upcoming stablecoin USAT. Summary Tether will use Anchorage Digital to issue its new stablecoin USAT. USAT is a regulated stablecoin compliant with the GENIUS Act and targeted for the U.S. market. Tether announced last week that it will launch its new U.S.-regulated stablecoin, USAT, by the end of the year. Anchorage Digital will help issue the token, which is compliant with the GENIUS Act. The Tether and Anchorage Digital collaboration highlights the future of digital dollars and sets a new standard for…

Bitget Wallet integrates Brazil’s PIX system, enabling direct crypto payments in reais. Users can spend USDT and USDC across major blockchains by scanning PIX QR codes. Merchants receive instant settlements in Brazilian reais, available 24/7, including holidays. Bitget Wallet, a non-custodial cryptocurrency wallet, has integrated PIX, Brazil’s quick payment system, allowing users to pay immediately using self-custodied cryptocurrencies like USDT and USDC by scanning PIX QR codes, according to a company press release sent to Invezz on Wednesday. The tool, developed in collaboration with local licensee Aeon, allows users to spend stablecoins on major blockchains such as BNB, Ethereum, Solana,…

Spheron Network, a decentralized compute infrastructure firm, has partnered with Hivello, a popular DePIN management entity. The partnership seeks to combine the decentralized CPU and GPU infrastructure of Spheron with the onboarding solutions of Hivello. As the official social media announcement of Speron Network discloses, the development provides convenience to individuals in joining DePIN and monetizing their idle resources. Keeping this in view, the collaboration intends to establish a community-led DePIN financial sector that expands beyond the conventional corporate control. New Partnership Drop @SpheronFDN 🤝 @HivelloOfficialHivello makes it easy for anyone to join DePIN and earn from idle resources. Spheron…