Author: NBTC

Swiss asset manager 21Shares has launched a new exchange-traded product, or ETP, tied to dYdX’s native token, DYDX. The firms said this will extend regulated access to one of the largest decentralized derivatives protocols. The product, backed by DYDX tokens held with custodians, began trading this week with support from the dYdX Treasury subDAO, through its operator kpk, according to a press release shared with Decrypt. Crypto ETPs let investors buy and sell exposure to digital assets on stock exchanges. In Europe they are usually issued as notes backed one-to-one by the underlying tokens, rather than pooled funds. dYdX has…

While the downward trend in Bitcoin, Ethereum and altcoins continues, the expiration date for option contracts in the crypto market has come today, as it does every Friday. According to the first weekly data for September, $3.36 billion worth of Bitcoin and $1.28 billion worth of Ethereum options will expire on September 5 on the Deribit derivatives exchange. Accordingly, the Put/Call Ratio of BTC options is 1.42, the maximum loss point is $112,000 and the notional value is $3.36 billion. When we look at Ethereum, ETH options have a Put/Call Ratio of 0.77, a maximum loss point of $4,400, and…

Former Thai Prime Minister Thaksin Shinawatra met with a group of digital asset investors in Bangkok on Tuesday to discuss a proposal aimed at establishing Thailand as a regional hub for digital assets. Shinawatra is also endorsing the idea of a sovereign strategic reserve to strengthen the long-term “resilience of Thailand’s financial system and economy,” according to a source familiar with the matter.  Shinawatra’s meeting included participants from Japan’s Metaplanet, led by Simon Gerovich, and UTXO Management, led by David Bailey, a crypto advisor to U.S. President Donald Trump, according to a supporting document seen by Decrypt. Other firms…

As you may recall, US President Donald Trump announced in the last days of August that he dismissed FED member Lisa Cook on the grounds that she made false statements in mortgage agreements. Lisa Cook subsequently filed a lawsuit challenging President Donald Trump’s decision to remove her from office. Cook argued that the White House lacked the authority to do so and wanted to keep her position. As the tension between Trump and Cook continues, the court made a decision that angered Trump. Accordingly, the US federal court banned the dismissal of FED board member Lisa Cook. The court thus…

Dual Staking offers up to 50% APR with NFT boosters; flagship zombie MMORPG on track for October 2025 launch Undeads Games today announced that total value locked (TVL) in its staking programs has exceeded $30 million, reflecting accelerating community participation in the project’s ecosystem. Participants in Undeads Games’ Dual Staking program can currently earn up to 50% APR when using NFT boosters from the project’s collection. The rarer the NFT, the higher the potential APR. The project’s native token, UDS, has risen from $0.08 (January 2025) to $1.76, marking a x20 increase year-to-date. The project’s fully diluted valuation (FDV) has…

Bitcoin network difficulty reached 136.04 trillion on Sept. 4, while dollar hashprice slipped to about $52 per petahash per day this week. Per Hashrate Index, the last adjustment set a new high for difficulty, and the forward market now prices an average hashprice near $49.17 per PH per day for the next six months. The squeeze leaves miners deciding whether to sell inventories, consolidate operations, or pursue high-performance computing revenue tied to artificial intelligence. The production backdrop is firm. The seven-day average hashrate sits near one zettahash per second, while transaction fees contribute a little over 1% of block rewards…

Orochi Network, a verifiable data layer for Web3, has led the charge in the race toward verifiable privacy-preserving data infrastructure. zkDatabase is ready for its highly anticipated mainnet debt, allowing the project to announce the launch of zkDatabase Alliance. zkDatabase Alliance can be defined as a powerful consortium of leading teams of AI, tokenization, DePIN, gaming, and more. The first wave of the zkDatabase Alliance empowered early builders with integration, tooling, and cross-marketing support. Tokenization, RWA, AI/LM, and DePIN pioneers are building with zkDatabase. Be part of the Alliance and shape the future of verifiable data. pic.twitter.com/T70RzfvzzP — Orochi Network…

Project 0 has officially announced the launch of the first native prime broker of DeFi on Solana, marking a groundbreaking moment for the entire decentralized finance ecosystem.The protocol introduces an innovative unified margin system, designed to eliminate the historical capital inefficiencies that have limited the growth and flexibility of DeFi users.Thanks to this solution, Project 0 enables portfolio-level risk management, paving the way for a new era of composability and interoperability between platforms. The Problem of Capital Inefficiencies in DeFi The Launch on Solana: A Turning Point for the Ecosystem Innovative Features for Passive Users and Sophisticated Traders A Different…

BlackRock’s dominance of the spot Ethereum (ETH) exchange-traded fund (ETF) was on display on September 4, when the world’s largest investment firm dwarfed competitors in the market. In this case, BlackRock recorded $148.8 million in net Ethereum ETF inflows, making it the sole major buyer and far outpacing rivals, according to data retrieved by Finbold from Coinglass. In contrast, several competitors faced heavy redemptions. Particularly, Fidelity led the sell-off with $216.7 million in outflows, followed by Bitwise with $45.7 million. Grayscale’s ETHE shed $26.4 million, while its separate Ethereum Trust saw another $6.4 million in redemptions. On the other hand,…

Robinhood’s CEO Vlad Tenev laid out a roadmap for his retail trading company (NASDAQ: HOOD) that signals a departure from the typical online brokerage model and a move toward what he described as a “family office in your pocket.” Speaking in an extended interview with The Iced Coffee Hour podcast, Tenev detailed a vision for a multigenerational financial platform that could widen access to investing, integrate tokenized assets, and streamline services for users across age groups. Tenev said the company is responding to a major shift in how Americans approach investing, with younger users channeling discretionary spending into stocks, technology,…