Author: NBTC

Bitcoin has so far managed to overcome the hurdle, helped in part by growing interest in the so-called debasement trade, or the view that persistent government borrowing and currency expansion will erode the dollar’s purchasing power. According to Vanessa Grellet, managing partner at crypto-focused venture firm Arche Capital, “the debasement trade doesn’t require low interest rates,” given investors’ growing focus on federal deficits and the government’s rising interest bill. Against this backdrop, Bitcoin’s price briefly topped $87,000 last week before correcting lower. It has gained more than 35% since mid-August, shortly after the US Treasury announced plans to double its…

Arbitrum is joining the Global Dollar Network, the Paxos-led stablecoin consortium behind $USDG, as the Ethereum layer-2 network looks to capture a slice of the economics from the stablecoins already circulating on its rails. $USDG has launched on Arbitrum on Tuesday with integrations spanning trading, lending and payments, including Fluid, Morpho, GMX, Maple, Li.Fi, Gauntlet, Steakhouse, LayerZero and Kraken. Uniswap and Fhenix are set to follow. The stablecoin is issued by Paxos, backed one-for-one by dollar reserves and has more than $3 billion in circulation across networks. Global Dollar Network has more than 150 partners, including Robinhood, Kraken, Mastercard, and…

Market Pulse While specific trading volumes and prices are not available right now, the market remains sensitive to regulatory developments. The NYDFS’s proactive approach, particularly in partnership with a crypto-friendly state like Wyoming, could influence overall market sentiment positively as traders assess the implications for future regulatory clarity and compliance. The New York Department of Financial Services is responsible for regulating financial services and products in New York, including digital assets. With the growing complexity of cryptocurrency regulations, NYDFS has established itself as a leader in this space through its BitLicense framework, which sets standards for virtual currency businesses. Wyoming,…

So, selling $BTC and withdrawing INR are two different processes. A user who has sold $BTC for $USDT has made a crypto trade but has not yet withdrawn Indian rupees. Before the $USDT can be transferred to a bank account, it needs to be sold or converted via a supported route. Depending on the exchange, the conversion and withdrawal functionality may vary for Indian users. Some platforms offer an INR balance and bank withdrawal option, and other ones may require peer-to-peer transactions or other payment methods that are supported. Can I Send That Money Directly to My Bank Account? Typically,…

Bitcoin Price Dynamics (Source: TradingView) Immediate resistance sits around $85,400. A recovery above this region could bring $86,216 back into focus. Beyond that level, buyers would likely target the recent $87,220 high. Breaking that barrier could strengthen Bitcoin’s broader bullish structure. On the downside, the $84,300 to $84,700 region remains crucial. The 50-period EMA currently strengthens this support area. Consequently, losing that zone could expose $83,600. The 100-period EMA near $83,572 could then provide another defensive level. Related: Polkadot Price Prediction October 2026: Can DOT Build on a 45.4% September Surge? Additionally, momentum has entered oversold territory based on Stochastic…

Curve Finance indicates that stablecoin yields remain resilient despite fluctuating market conditions, according to a recent tweet from the organization. This stability suggests that investors may find refuge in stablecoin assets during periods of volatility. Additionally, there is support for the first LP-backed Llamalend market, which could further influence liquidity dynamics. What Went Down The broader crypto market shows mixed signals, with varying momentum across major assets. Curve Finance’s assertion that stablecoin yields are unfazed by these changes reflects a potential shift in investor sentiment towards more stable investment options. The focus on the reUSD/sfrxUSD pair, backed by liquidity providers,…

Hui announced that the Hong Kong Monetary Authority is in talks with the People’s Bank of China about optimizing their currency swap arrangement. The HKMA will roll out a seven-day offshore yuan liquidity tendering facility, and is studying short-term debt instruments to fill out the offshore yuan rate curve. HKEX is separately preparing an offshore renminbi bond index to anchor ETFs, and from November, Northbound Bond Connect holdings can be used as collateral across three HKEX clearing houses. Hong Kong’s offshore yuan lending hit a record 935 billion yuan in 2025, and bond issuance reached 1 trillion yuan for a…

Crypto trader Boner Coin transaction. Source: Arkham At its peak, the holdings were worth about $1.38 million. Arkham data shows the trader has already realized $351,600 in profits while retaining $BONER holdings valued at approximately $676,500. The wallet’s portfolio remains heavily concentrated in $BONER, which accounts for more than half of its reported value. On-chain data shows the trader’s total portfolio is worth roughly $1.19 million, with $BONER holdings valued at about $674,600 and additional exposure to tokens including AI, GAGE, and ASTEROID. Why $BONER surged $BONER is a community-driven meme coin launched in August 2026 on Robinhood Chain, an…

Stand With Crypto EU campaign vehicle outside the European Parliament in Brussels, Belgium. Source: Stand With Crypto EU MiCA prohibits issuers and crypto service providers from paying interest on stablecoins, a restriction Stand With Crypto argues puts the products at a disadvantage to bank deposits and other e-money products that can offer benefits to customers. Stand With Crypto said the campaign generated more than six times the 8,221 responses submitted to the European Central Bank’s (ECB) digital euro consultation and far exceeded the 198 responses received during the Commission’s 2020 consultation on crypto rules. Stand With Crypto calls for EU…

Market Snapshot Currently, Uniswap’s trading dynamics are set against a backdrop of broader market fluctuations. With $0 in reported volume over the last 24 hours, the focus shifts to the potential impact of Uniswap’s advocacy. The platform’s recent engagement in the tokenized stock sector indicates an effort to position itself favorably for future trading opportunities as demand rises. Uniswap is a decentralized exchange known for facilitating token swaps and liquidity provision in the cryptocurrency ecosystem. The advocacy for higher limits on tokenized stocks is significant as it aligns with the ongoing regulatory discussions around digital asset trading, particularly those affecting…