Author: NBTC

The Federal Reserve finally trimmed rates—and bitcoin basically yawned, according to Coinshares’ Head of Research James Butterfill, who says traders want proof this is a real pivot, not a polite tap on the brakes. Butterfill: Rate Cut Hype Fades; Bitcoin Waits for Real Pivot Signal Bitcoin (BTC) has treaded water for three months while volatility has squeezed to roughly 26%, a far cry from the fireworks that usually follow easing policy. Butterfill’s report says futures markets flirt with the idea of three cuts this year, but price action says “show me” for now. The Fed shaved 25 basis points (bps)…

The 25 basis point interest rate cut recently implemented by the FED has had a great impact on global markets, while also bringing with it concerns, particularly regarding cryptocurrency markets. Bloomberg Intelligence Senior Macro Strategist Mike McGlone argued on the “Milk Road Macro” podcast that markets are living in a “fantasy world” and that investors are overweighting risky assets. McGlone pointed out that Fed interest rate cuts are not always a positive signal for stocks, citing the more than 50% declines in the S&P 500 following interest rate cuts in 2001 and 2007. The strategist, who specifically categorizes cryptocurrencies as…

Strategy’s stock dropped 4% over the past month, even as Bitcoin rose 3%, raising fresh questions about Michael Saylor’s multi-billion-dollar crypto play. Since 2020, the company has been buying bitcoin using a mix of borrowed money and new shares. That pivot pushed the software firm into the spotlight as a bitcoin-heavy operation. The stock had soared 2,800% since the bitcoin buying spree began. But now, the numbers are heading the wrong way, and confidence in the Strategy model is starting to crack. Other companies that copied Saylor’s approach are bleeding harder. Japanese hotel operator Metaplanet has lost 36% in the…

Sergey Nazarov recently stated that the U.S. Securities and Exchange Commission is shifting its stance on the crypto market. He views tokenization as the bridge between crypto and real-economy growth, but there’s still work to do in turning that potential into reality. Joe Biden was the 46th president of the United States of America. Under his rule, and that of Gary Gensler as Chairman of the Securities and Exchange Commission (SEC), the cryptocurrency industry was subject to constant scrutiny, lawsuits, and functional silos due to regulatory misalignment. Following the SEC’s rollout of 23 proposed rules designed to streamline the tokenization…

Long-end Treasury yields went up this week, even though the Fed cut interest rates. That move surprised the bond market. The 10-year Treasury yield, which had dipped below 4%, jumped to 4.145%. The 30-year yield, the one that matters for mortgages, rose to 4.76%, after hitting a weekly low of 4.604%. The Fed lowered its policy rate by 0.25% to 4.00%-4.25% on Wednesday, its first rate cut of the year. That helped push stocks higher, but the bond market didn’t react the same way. According to Bloomberg, investors in longer-term bonds didn’t get what they wanted — certainty that inflation…

YZi Labs, the family office founded by Binance co-founder Changpeng “CZ” Zhao and Yi He, which was rebranded from Binance Labs, has expanded its position in Ethena Labs, the protocol behind USDe, which has become the third-largest U.S. dollar-denominated crypto asset with more than $13 billion in circulation. The investment comes as Ethena enters a new stage of growth, which includes extending its footprint on BNB Chain. This includes rolling out products designed to bridge crypto and traditional finance, such as USDtb, a fiat-backed stablecoin in development, and Converge, an institutional settlement layer being built with Securitize and partners connected…

Stablecoin adoption is gaining momentum among corporates and financial institutions driven by regulatory clarity and cost-savings in global money transfers, according to a survey by EY-Parthenon. Conducted with 350 executives in June after the Senate passed the GENIUS Act, the survey found that 13% of firms already use stablecoins, mainly for cross-border payments. Among those who didn’t use stablecoins, 54% expected to adopt them within the next six to 12 months. Regulatory clarity provided by the GENIUS Act was widely viewed as a turning point. The legislation, which was signed into law in July, provided long-awaited rules for U.S. dollar-denominated…

Ethereum NFT holders were impacted by recent AWS outages, with the blockchain unable to load tokenized data. This has raised questions about the role of increasing centralization in modern crypto. To be blunt, it’s hard to claim that someone “owns” an NFT if third-party technical difficulties can block access. This issue may encourage a shift to other blockchains or a further decline in the NFT sector. Ethereum NFT Outages Yesterday’s AWS outage wrought havoc on the entire internet, disrupting digital infrastructure worldwide. The ongoing issues also highlighted concerns in the crypto industry, as Coinbase’s main functions had persistent outages. Another…

Key Takeaways NBA Top Shot introduces rookie player partnerships and interactive collectibles for the 2025-26 season. Blockchain enhancements will place NBA highlights directly on-chain for greater security and authenticity. The National Basketball Association, National Basketball Players Association, and Dapper Labs have kicked off the 2025–26 NBA Top Shot season, featuring breakout rookies Cooper Flagg, Yang Hansen, and the next generation of hoop talent. This season, Top Shot’s going coast-to-coast with digital autographs and one-of-one signature collectibles from rising stars. Enhanced foils, textures, and interactive designs bring the heat, while a focus on rookies keeps the game fresh. Fewer than 5,000…

One of the most controversial features of President Donald Trump’s second term is his relentless criticism of Federal Reserve (Fed) Chair Jerome Powell for maintaining elevated interest rates – a stance Trump argues is unnecessarily costly to the American economy. But this is more than just rhetoric. Trump is aggressively attempting to undermine the Fed’s board, threatening an institution long known for its political independence. Ironically, this very assault risks backfiring, deepening what Trump and others describe as a Fed that is “behind the curve,” potentially leading to a deeper sell-off in the U.S. dollar. Trump’s Attack on the Fed…