Author: NBTC

CNBC anchor Jim Cramer recently took to the X social media network to recommend that his followers buy cryptocurrencies. The piece of advice has been shared next to a photo of the National Debt Clock, which displays the total US national debt. The humongous sum, which shows the total amount of money that the U.S. owes to creditors, currently stands at $37.6 trillion. Growing debt problem The money borrowed with the help of Treasury securities is used for funding Social Security, Medicare/Medicaid, as well as defense, education, and other types of discretionary spending. Fiscal hawks have always sounded the alarm…

Paul Atkins wants to cement his vision for the crypto markets before political tides shift again in Washington. As the new chair of the US Securities and Exchange Commission, he’s moving quickly to “future-proof” SEC policies, a push that could define how much freedom the crypto industry enjoys after President Donald Trump leaves office. In a conference hosted by the Managed Funds Association in New York on Tuesday, Atkins said the SEC would work quickly to adopt rules that could “future-proof” his agenda. He specifically referred to removing or weakening regulations on public and private markets, both of which could…

Blockdaemon, a leading staking provider for institutions, and Aave Labs, a key contributor to the Aave protocol, have joined forces in a strategic partnership aimed at boosting access to decentralized finance opportunities for institutions. Summary Aave Labs and Blockdaemon say the partnershio aims at expanding institutional access to DeFi. Blockdaemon Earn Stack customers can now earn further by putting staking rewards and idle balances to work. The integration includes support for Bitcoin, Ethereum and stablecoins. Aave Labs and Blockdaemon are eyeing institutional-grade access to Aave’s decentralized finance markets and are tapping into Blockdaemon’s Earn Stack and Aave Vaults to unlock…

Generative art NFT platform Art Blocks launched its final curated collection today, with an auction for a new collection by Larva Labs, the creators of Cryptopunks, Autoglyphs, and Meebits. The collection, named Quine, features 477 pieces up for public purchase via an auction mechanism, where the lowest winning bid is the price paid by all bidders. The low bid sat at just 0.3 ETH, or $1,250, late last night, and serious participants flooded the auction over the closing hour, with the sale closing at 7.56 ETH, or $31,000 per Quine NFT, at noon EST on Oct. 10. Quine Homepage -…

Ethereum is testing a major support level after U.S. spot Ethereum exchange-traded funds reported their first net outflows in more than a week, ending an eight-day streak of inflows. Summary Ethereum price tests $4,300 support after ETF outflows. Spot ETH ETFs see first withdrawals in nine days. Traders expect rebound toward $4,600 if support holds. Ethereum was trading at $4,352 at press time, down 2.3% over the last day and 3.2% for the week. The asset is still about 12% below its peak of $4,946 in Aug. 24. Spot trading activity stayed strong, with $40.4 billion in volume over the…

Wall Street saw an upbeat opening on Monday, with cryptocurrencies also climbing slightly as investors turned their attention to U.S. President Donald Trump’s efforts to avert a looming government shutdown. Summary S&P 500 and Nasdaq climbed as stocks gained while Dow Jones Industrial Average hovered near the flatline. Wall Street was upbeat ahead of Trump’s meeting with Congressional leaders as he looked to avert a looming government shutdown. Cryptocurrencies also posted slight gains, with Bitcoin breaking to above $113,000. The Dow Jones Industrial Average rose about 50 points, while the S&P 500 ticked up 0.5% and the Nasdaq Composite edged…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Fifty years ago, Sesame Street transformed living rooms into classrooms and redefined how kids learned. Today, the metaverse is picking up that torch — blending VR and AI to create immersive, personalized, and globally connected educational experiences. Summary Sesame Street revolutionized children’s education by turning TV into an interactive classroom — and now the metaverse is set to do the same for digital learning. VR-based classrooms enable “experiential learning,” from exploring WWI battlefields to dissecting a 3D…

The crypto industry is recoiling from a document reportedly outlining a U.S. Senate Democratic pitch on handling decentralized finance (DeFi) as a component of the wider effort toward regulating crypto in the U.S. The proposal — a detailed outline describing an approach to DeFi, first reported by Politico — suggests that a firm or individuals that handle customer needs on the front end of a DeFi operation should have to register with the Securities and Exchange Commission or the Commodity Futures Trading Commission and be regulated as a broker. The language defining who would be roped into regulation as an…

Ethereum (ETH) is trading near a critical level that analysts say could determine its next major move. Meanwhile, the asset was priced at around $4,350, with a 24-hour volume of over $41 billion. It has recorded a 2% decline in the past day and a 3% drop over the last week. Wyckoff Structure Signals Breakout Potential Technical analyst ZYN has identified a Wyckoff accumulation pattern on Ethereum’s weekly chart. According to the structure, ETH has already passed through the earlier phases and is now sitting in what is referred to as the final stage. A clean “spring” and “test” below…

Market activity is likely to be overshadowed by Friday’s monthly U.S. employment figures, with nonfarm payrolls forecast set to increase by 39,000. The figure, seen as a barometer of the health of the world’s largest economy, is one of the most closely watched economic statistics. In the meantime, long-suffering creditors of bankrupt crypto exchange FTX, which failed in 2021, start receiving a total of $1.6 billion as the estate begins its third tranche of payouts. Arbitrum, the largest Ethereum layer-2 blockchain, is voting on investing its stash of idle ETH$4,170.73 to earn rewards. What to Watch Crypto Sept. 29, 8:00…