Author: NBTC

Futures of World Liberty Financial (WLFI), the cryptocurrency linked to the family of President Donald Trump, lost more than 44% of their value on opening this weekend as traders chose to short the decentralized finance (DeFi) token. The futures began trading Aug. 23 on decentralized exchange Hyperliquid at $0.44. Within hours, the price had collapsed to below $0.25 on the back of significant trading volume. The debut followed months of uncertainty. Initially, the token was planned to be non-transferrable. In mid-July, however, the measure was overturned. That decision paved the way for the weekend introduction. Spot trading and token distribution…

Billionaire Peter Thiel has emerged as a significant beneficiary of Ether’s 13.5% surge this month. The PayPal co-founder’s investment firms have generated substantial paper gains through strategic bets on Ethereum-focused companies. Thiel’s Ethereum Strategy Takes Shape The Wall Street Journal reports that Thiel’s venture capital approach centers on Ethereum becoming Wall Street’s preferred blockchain platform. His Founders Fund owns 7.5% of ETHZilla, a company that pivoted from biotech to purchasing ether. The firm also controls 9.1% of Bitmine Immersion Technologies, which raised $250 million for ether acquisitions. ETHZilla’s market value jumped from $18 million to $741 million after disclosing Thiel’s…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. As we reach the end of August, all eyes are once again on the Grand Tetons. Not because of its striking views, but because the annual Woodstock of central banking is about to go down. Tomorrow morning, Fed Chair Jerome Powell will deliver his keynote speech. Historically, these speeches have served as key inflection points for the Federal Reserve’s thinking on monetary policy from a high level. More importantly, it’s an opportunity for Powell to speak for himself and not on behalf of the whole FOMC…

XRP advocate Bill Morgan has criticized former SEC lead counsel Jorge Tenreiro’s selective presentation of his litigation record after joining Bernstein Litowitz Berger & Grossmann LLP as a partner. Morgan pointed out that Tenreiro’s new firm profile highlights crypto enforcement successes but omits his partial defeat in the SEC vs Ripple case. Morgan noted the irony that Tenreiro’s bio mentions courtroom victories against Sam Bankman-Fried, Terraform Labs, and Binance but fails to acknowledge losing two-thirds of the Ripple case or filing an appeal that the SEC later agreed to dismiss. The XRP advocate suggested this omission reveals Tenreiro’s awareness that…

Crypto adoption is continuously rising in the world as digital payments are experiencing a significant shift. Uquid is the one and only platform that is making efforts to make digital payments secure and user-friendly. The platform is a leading force in Web3 commerce, cementing its position to foster this effortless transformation. SEAMLESS CRYPTO PAYMENTS BACKED BY 4.5⭐ TRUSTPILOTAnd here’s how Uquid makes web3 shopping stand out:⚡ Fast: 100+ crypto payments in seconds👌 Simple: effortless shopping flow🔒 Confident: blockchain security & trusted reviewsTry it today: https://t.co/Ay0rxEkb5Q |… pic.twitter.com/vw5vM5fop9 — UQUID – Web3 Shopping Infrastructure (@uquidcard) August 24, 2025 Uquid aims to…

Flare has announced a new partnership with MoreMarkets to launch the XRP Earn Account, a fully onchain yield solution designed to make XRP more programmable and productive. The integration combines Flare’s interoperability infrastructure with MoreMarkets’ yield strategies, offering XRP holders a seamless way to generate rewards without the usual complexity of DeFi.—Making XRP Work HarderThrough the XRP Earn Account, users can initiate a bridge directly from their XRPL wallet into Flare’s FAssets system, where XRP is minted as FXRP. From there, MoreMarkets automatically deploys the asset into strategies such as lending or liquid staking with Firelight, Flare’s liquid staking protocol.…

Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days. Decentralized application data aggregator DappRadar showed that Base’s NFT volume reached $47.67 million, increasing by 70% over the past month. The increase pushed the network ahead of many competitors in the NFT space, including Immutable zkEVM and Solana, which are ranked fourth and fifth by 30-day volume. Collections like Get Based, DX Terminal and Based Style collectively recorded about $25 million in NFT trading volume, driving the surge in digital collectible trading activity on the network. In…

Major banking groups in the United States are pushing to change certain provisions of the recently passed GENIUS stablecoin Act, citing concerns over aspects of the law that could affect the traditional financial industry. Summary U.S. banking groups are lobbying lawmakers to reconsider certain provisions of the GENIUS stablecoin Act. Banks argue that the current structure creates an uneven playing field that could threaten the future of traditional financial institutions. Crypto industry groups have pushed back, stating that the provisions are a necessary feature to support innovation and maintain consumer choice. On Aug. 25, the Financial Times reported that U.S.…

Binance has made a new announcement to offer its users a wider range of trading options and improve the experience. Binance Futures Opens SOMIUSDT Perpetual Futures Contract for Pre-Market Trading Binance Futures, the company’s futures trading platform, announced that it will open its SOMIUSDT perpetual futures contract for pre-market trading starting at 111:30 a.m. on August 25, 2025. This new product will allow investors to trade with up to 5x leverage. The underlying asset of the newly listed contract will be Somnia (SOMI). Somnia stands out as a high-performance, EVM-compatible Layer-1 blockchain. Focused on developing mass-market applications, particularly for the…

Sentora, the on-chain analytics firm, set off a fresh debate this week when it tweeted that “Ethereum now holds 62% of DeFi TVL, with dominance rising since April.” The short post, and the question that followed, captures a familiar tug-of-war in crypto markets: is this a renewed, durable return to Ethereum dominance, or a temporary concentration that faster/cheaper rivals can chip away at? Data from DeFi aggregators show why Sentora’s claim is getting attention. DefiLlama’s dashboards put total DeFi value locked (TVL) across chains in the roughly $150 billion range, while Ethereum alone currently shows $92 billion parked in DeFi…