Author: NBTC

With lawmakers in the US Senate set to consider legislation pushed by many in the cryptocurrency industry for regulatory clarity, there’s a limited window for the bill to become law, potentially delaying it into the next session of Congress with different politics in play. The US Senate is scheduled to return to session on Monday after more than a month in which lawmakers were on state work periods. Senator John Thune, the Republican majority leader in the chamber, has scheduled a cloture vote on the Digital Asset Market Clarity (CLARITY) Act for Tuesday, in which his compatriots will need support…

Crypto.com will introduce prediction contracts that will allow users to forecast how quickly artificial intelligence is changing workplaces, consumer habits and major industries. Over 20 contracts will begin rolling out in September, and unlike markets tied to elections or sporting results, their outcomes will depend on surveys and company disclosures measuring how people and businesses use AI. Users can trade on future AI trends Crypto.com and PYMNTS agreed to an exclusive two-year partnership for the new products, according to their announcement. The contracts will trade through OG Prediction Markets, an exchange and clearinghouse regulated by the US Commodity Futures Trading…

Catapult Trade, a Solana-based platform focused on launching memecoins and offering leveraged trading, has secured approximately $6.6 million across four funding rounds, according to an announcement made on X. The funding included participation from KuCoin Ventures, Odyana Ventures, and Venture Vault VC, along with institutional and angel investors. The company plans to use the capital to develop a gamified memecoin issuance platform and a synthetic asset-based leveraged trading service, with a native token launch slated for this fall. What Catapult Trade is building Catapult Trade is positioning itself at the intersection of memecoin culture and advanced trading tools. The platform…

An attempt to expand the capabilities of $XRP Ledger (XRPL) has sparked a heated technical debate in the crypto community. The discussion was triggered by a radical proposal to increase the limit of the transaction Memo field by 1,200 times, from the current 1 KB to approximately 1.3 MB. Blockchain enthusiasts have already begun discussing the upgrade’s “limitless potential,” but some have called for a sober assessment of the risks. The authors of the idea, including Vet from the XRPL Foundation, want to allow users to embed files directly into the ledger. The new limit would make it possible to…

Bitcoin is sitting at $65,000 and a pattern that has preceded every significant price move in this cycle has just appeared again on the four-hour chart. Whether it resolves up or down will likely define where Bitcoin trades for the rest of the summer. Falling Wedge Analyst Gareth Soloway has pointed out that a falling wedge has been forming on Bitcoin’s chart for the past several days, a pattern where price makes progressively lower highs and lower lows within two converging downward-sloping trend lines. It sounds bearish, but historically it is not. Falling wedges resolve to the upside roughly 70%…

Ant Group CEO and Alipay chairman Han Xinyi has identified stablecoin payments as one of four major models in the emerging global AI payments market, according to a report by PA News citing Caixin. The statement places digital currencies at the core of machine-to-machine payment systems, a sector expected to grow rapidly as artificial intelligence agents begin handling financial transactions autonomously. Stablecoins in the AI Payment Ecosystem Han highlighted that crypto companies, including Circle (CRCL) and Coinbase (COIN), are leveraging stablecoins and digital wallets to enable cryptocurrencies as a viable payment method for automated machine-to-machine transactions. This approach is one…

In a recent hourly update, Shibburn reports that a total of 10,684,707 $SHIB were burned in the last 24 hours, with the daily burn rate surging 439.79%. This marked an increase from the previous day, causing the burn rate to increase more than 3x. The over ten million $SHIB tokens burned in the last 24 hours added to a cumulative total of 173.37 million burned in the last seven days. In the last 30 days, over 3.36 billion $SHIB were burned, with the burn rate skyrocketing 2811.38% in this timeframe. A total of 410,843,703,896,181 $SHIB has been burned in 21,502…

Hyperliquid Labs and Kraken parent Payward have entered advanced talks to offer selected Hyperliquid-linked perpetual futures to U.S. traders through CFTC-regulated exchange Bitnomial. Hyperliquid could reach U.S. traders through Bitnomial Bloomberg reported on Aug. 31 that Hyperliquid Labs and Payward are discussing a structure that would place selected crypto perpetual futures on Bitnomial, a U.S. derivatives exchange owned by the Kraken parent. Under the proposed setup, eligible American customers would trade the contracts through Bitnomial rather than connect directly to Hyperliquid’s decentralized platform. The companies have not disclosed which assets would be included, how many contracts could be listed, or…

Bitcoin [$BTC] has absorbed a run of blows, and although sentiment looks steadier with the asset testing $64,500 again, the market has yet to earn a bullish label. Traditional investors appear to be circling back, adding $75.76 million in inflows between the 13th and the 17th of July, yet several forces keep the market in a cautious state. Long-term holders remain at the center of that caution. Bitcoin long-term holders still need watching Long-term holders are investors who have held their coins for no less than 155 days without moving them, and on-chain data shows this group selling at a…

Aave’s USDT0 stablecoin lending pool on the Monad network displayed a 6.10% annual percentage rate over the weekend, but only about $4.4 million of its $55.9 million supplied balance was unborrowed. For a lender weighing a large withdrawal, that smaller number mattered more than the headline yield. Aavescan snapshot showed $51.5 million borrowed from the reserve. It followed a Sept. 11 analysis in which Aave service provider TokenLogic documented an earlier sharp retreat in USDT0 deposits. Together, the figures show how an attractive lending rate can coexist with limited room for a cash exit. That is a consequence of how…