Author: NBTC

Hypurr NFTs, the official Hyperliquid NFTs, are the best-performing NFTs of 2025, and they haven’t even officially launched yet. The Hypurr collection was awarded to the perpetuals trading platform’s top 5000 accounts prior to its token launch in November 2024, and OTC desks traded the unreleased NFTs for between $30,000 and $60,000 throughout most of 2025. However, demand for the collection has skyrocketed as the HYPE token hits new highs, and the floor currently sits at $100,000 on DripTrade, a Hyperliquid-based NFT platform. Hypurr OTC Interface – Drip.Trade There have not been any six-figure sales yet, but there were five…

Ethereum trades above $4,540 at press time on September 12, up nearly 3% in the past 24 hours. Weekly gains stand near 4.7%, while month-on-month changes remain muted at –1.9%. Still, the breakout that took place on September 10 has put the Ethereum price back in the spotlight. The falling wedge breakout now in motion suggests room for further gains, with on-chain and derivatives data showing that two powerful groups are backing the move. Together, their actions point to a potential run toward $5,110 if conditions hold. Spot Holders Step Back While Derivatives Traders Surge In Ethereum’s rally has been…

Get ready for a significant leap in digital finance! Standard Chartered, in collaboration with Qatar National Bank (QNB Group) and DMZ Finance, has just launched the very first tokenized money market fund (MMF) in the Dubai International Financial Centre (DIFC). This isn’t just another fund; it’s a groundbreaking move that could redefine how we think about traditional investments and blockchain technology. What does this pioneering initiative mean for investors and the future of finance? Understanding the Innovation: What is a Tokenized MMF? Before diving into the implications, let’s break down what a tokenized MMF actually is. Money Market Funds (MMFs)…

Gary Gensler, former chairman of the US Securities and Exchange Commission (SEC), made important statements about the cryptocurrency market after a long break. Speaking to CNBC, Gary Gensler said he has no regrets about regulating the cryptocurrency market and the actions he took for it. While Gensler stated that his views on Bitcoin (BTC) and cryptocurrencies have not changed, he argues that cryptocurrencies are still speculative. Gensler stated that he does not regret the strong sanctions and regulations imposed on the cryptocurrency sector during his tenure, as fraud was rampant at the time. Gensler, seen as a key figure in…

FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange’s implosion nearly three years ago. The FTX Recovery Trust, which oversees the bankruptcy process, announced on Friday that payments will begin on September 30 for creditors who have completed verification steps on the FTX claims portal. Funds will be routed through service providers BitGo, Kraken or Payoneer and are expected to land in accounts within three business days. U.S. customer claims will receive 40% in the latest round, bringing their total recovery…

More than 40% of Americans are open to using decentralized finance (DeFi) protocols if proposed legislation is made law, according to a recent survey. Crypto lobby group the DeFi Education Fund (DEF) found in a survey released on Thursday that many Americans “are curious about DeFi” as respondents signalled a low trust in the traditional finance system. The survey was conducted by Ipsos between Aug. 18 and 21, with 1,321 US adults polled. Ipsos Public Affairs vice president Alec Tyson said the study found “emerging awareness of cryptocurrency and decentralized finance as many Americans express frustrations with current financial institutions’…

The Milady gang thinks social media is broken, calling the community of fans the “diaspora of chan culture”—such as the notoriously edgy 4chan. To fix that, the NFT project’s creators are launching a social media network to rival X, with the first step coming via official Milady profiles. RemiliaNET is an in-browser experience that will allow the community to track their Milady achievements and build up a “social credit score,” with a competitive leaderboard to boot. And the upcoming RemiliaChat, with no release date confirmed, looks to be a fully fledged social media platform with an algorithm-driven feed and chat…

Ethereum is scaling into its role as the neutral settlement layer. Value accrues across L2s and applications — not from squeezing L1 fees. The paradox is, on a usage versus revenue basis, Ethereum appears to be both winning and losing. Consider this: Throughput up: monthly transactions and unique active addresses are at, or near, highs. Cost down: median and average tx fees sit near cycle lows; base-fee gwei is low and steady. Mix shift: rollups are stuffing blobs at record levels; users trade more, especially stables, without pushing L1 fees up. Revenue craters: base-fee burn + tips are far below…

Fed expected to cut rates 25bps today, marking 2025’s first policy easing step. Markets price six rate cuts by 2026, with SEP offering clarity on Fed’s outlook. Powell’s press conference could shift sentiment, balancing inflation risks against growth support promises. The U.S. Federal Reserve is set to make its first rate cut of 2025 today. The expected 25-basis-point cut is not a surprise, but what matters more is how many cuts will follow. The Fed now faces a tough job easing pressure on the weak job market while keeping inflation in check and handling political pressure from Washington. First Step…

Zhang Guojun, Hong Kong’s Deputy Secretary for Justice, highlighted the city’s new stablecoin licensing law during a speech at the China-ASEAN Commercial Law Forum. The law was featured in a presentation on September 18 as part of Hong Kong’s efforts to support financial innovation while ensuring regulatory oversight in the digital asset sector. Stablecoin Ordinance and Cryptocurrency Oversight Guojun noted that Hong Kong passed the Stablecoin Ordinance in August. The legislation establishes a licensing system for stablecoin issuers, requiring compliance with financial safeguards and risk management measures. He emphasized that the regulation is designed to balance financial innovation with investor…