Author: NBTC

Binance has rolled out a new leveraged product tied to Shein, giving traders another way to bet on the fast-fashion giant just as its long-awaited IPO takes shape. The Binance Shein contract went live on the exchange’s Futures platform, offering up to 20x leverage and round-the-clock trading — a launch that lands at a particularly sensitive moment for Shein’s public listing plans. Key takeaways Binance launched a new perpetual contract tied to Shein on its Futures platform, effective immediately. The contract offers traders up to 20x leverage and runs 24/7 for continuous trading. The launch fits into a wider Binance…

Bitcoin price has fallen more than 1% below $66,000 as renewed U.S.-Iran threats have lifted oil prices and increased expectations for another Federal Reserve rate hike this year. According to data from crypto.news, Bitcoin ($BTC) price was trading near $65,700 on July 22 after reaching an intraday high of roughly $66,886, leaving the cryptocurrency under pressure as traders weighed another escalation around the Strait of Hormuz. President Donald Trump warned in a Truth Social post that the United States would destroy one Iranian bridge or power plant each time Iran attacks a ship in the waterway. Trump added that the…

Uniswap’s Hayden Adams recently highlighted the revolutionary potential of tokenization in modern markets during the Real-World Asset Summit. He emphasized that as the world’s value moves onchain, new primitives and use cases will be developed. This shift towards programmability in markets could significantly change trading dynamics, attracting more participants to decentralized finance. You can view the full discussion here. The Key Development The broader crypto market is currently exhibiting mixed signals, as Uniswap’s developments continue to shape the decentralized finance landscape. Tokenization, as mentioned by Adams, makes markets programmable, allowing for innovative trading mechanisms and asset management strategies. This could…

Jack Yi, the founder of LD Capital, known for his losses in Ethereum, stated in a social media post that the current state of the cryptocurrency market resembles the period before the strong bull run of 2020. According to Yi, recent price movements in Bitcoin indicate that the uptrend is continuing. “A Bitcoin Bull Market Doesn’t Follow a Straight Line!” Chinese founder Jack Yi stated that Bitcoin gained value for five consecutive days as part of the uptrend that began on August 17th, and then entered a correction period lasting approximately 19 days starting from August 22nd. Yi stated that…

Federal Reserve Board member Michael Barr said he is prepared to support interest rate hikes if inflation does not fall sufficiently. Speaking at a banking forum in Washington, Barr stated that inflation remaining above the Fed’s 2 percent target for nearly five and a half years increases the risk of broader price pressures becoming permanent in the economy. In his prepared speech, Barr stated, “If the trends in the data give me confidence that inflation is moderately moving toward the 2 percent target, I think we can take some more time to assess our policy stance. However, if inflation does…

Injective ($INJ) is closely monitored by traders as it reenters its previous trading range and eyes a potential bullish reversal. The DeFi-focused blockchain protocol, developed to enable fast and efficient decentralized applications, currently trades at $4.53 with a 24-hour trading volume of $70.28 million and a market capitalization of $453.8 million. Market action and range retest After a recent rally that delivered gains of 20%, $INJ has surrendered some momentum as its price dipped back into a consolidation zone. This pullback has injected fresh uncertainty into the market, as neither buyers nor sellers appear to maintain clear control at this…

Crypto.com has officially launched trading for $INDEX on its platform, as announced in a recent tweet by the exchange. Users can now purchase $INDEX using USD, EUR, and more than 20 other fiat currencies. This move is expected to enhance trading activity and attract new users, highlighting the growing interest in diversified crypto assets. For more details, see the announcement here. What Went Down The addition of $INDEX to Crypto.com’s trading platform comes amid a broader wave of mixed signals across the crypto market, where many assets are currently experiencing fluctuating momentum. The ability to purchase $INDEX with various fiat…

In brief Bitcoin is trading at $66,208 after the daily 200 EMA held as a floor following a crash to the $53K–$54K range. The death cross—50 EMA below 200 EMA—is still active on the daily chart. On Myriad, 64.6% of traders bet Bitcoin hits $55K before $84K—consistent with the technical picture and a 900-hour negative Coinbase Premium streak. The crypto market has been watching Bitcoin very carefully this week, and for once, what it found on the chart was at least partly reassuring. Bitcoin has clawed back to $66,347 as of Wednesday afternoon after testing lows near $58,000 in recent…

Allfunds CEO Annabel Spring has underscored the increasing convergence between decentralized finance (DeFi) and traditional finance (TradFi). As she guides Allfunds—managing over €1.9 trillion in assets—this trend is pivotal for the future of financial services. The insights shared in a recent tweet highlight a significant shift in the financial landscape, potentially impacting how institutions operate in the coming years. source. The Story So Far The broader crypto market is experiencing varying momentum, and Spring’s remarks come at a time when the intersection of DeFi and TradFi is gaining traction. The integration of these two worlds could facilitate greater efficiency, transparency,…

Ethereum price hovered around $2,500 on Sep. 9 as buyers defended short-term support, but weakening momentum and negative capital flows kept a breakout above $2,535 out of reach. Ethereum ($ETH) price traded near $2,486 at the time of writing on Sep. 9 after briefly rising above $2,520 earlier in the session. Price remained almost unchanged on the daily chart as buyers and sellers competed around the psychological $2,500 level. The narrow move followed several days of consolidation after $ETH recovered from its early-September low near $2,430. Buyers have repeatedly stepped in around $2,478–$2,485, but each attempt to extend the recovery…