Author: NBTC

The FCA has already published final perimeter guidance and a 73-page preview of the application. The preview asks for far more than a company name and anti-money laundering registration number. A firm has to identify what it actually does, which regulated permissions correspond to each service, who controls it, how customer assets and complaints are handled and how it will meet the relevant financial and operational standards. The same legal group might operate a trading venue, safeguard assets and arrange staking, but those activities do not collapse into one undifferentiated crypto licence. This is the point missing from a simple…

Robinhood has integrated frxUSD as its first stable pool, a significant development in the evolving landscape of stablecoins. This move, highlighted by the CryptoTwitter commentator @fraxfinance, underscores the growing acceptance and potential utility of frxUSD in mainstream finance. As stablecoins continue to gain traction, this integration could drive further adoption among crypto traders and investors. What Went Down In the context of a crypto market displaying mixed signals, the integration of frxUSD on Robinhood is timely. While trading volumes for frxUSD remain at $0 currently, the strategic decision to include it as a stable pool could attract attention and liquidity.…

At 0 or “no” correlation, the assets never affect one another’s price. At -1, the assets move in perfectly opposite directions — one rising and one falling by proportionally consistent amounts. Mathematicians choose a set length of time to determine how correlated their prices are; for example, over the last 90 days. The 90-day correlation of $BTC with the Nasdaq 100 index slid to roughly +0.30. At a +0.56 correlation and rising, the narrative of “digital gold” is back for $BTC and displacing its Nasdaq “tech play” narrative. Noting the increased coupling, Bitwise Asset Management wrote, “The argument that $BTC…

Asked whether institutional investors were returning to crypto, Butterfill said, “Potentially yes, but in the ETF world it is very difficult to disaggregate institutional and retail money.” ETF buying can reflect arbitrage strategies as well as bets on rising Bitcoin prices, making inflows an imperfect measure of bullish conviction. Butterfill also sees investors looking beyond tokens to businesses that profit from crypto adoption. IBIT offers clues to institutional demand Butterfill said many institutional investors use IBIT for the Bitcoin basis trade. The strategy involves buying shares of a spot Bitcoin ETF while shorting Bitcoin futures, with the aim of profiting…

Optimism published updated governance and infrastructure facts to correct outdated AI claims, covering treasury allocation, open Token House participation, contract upgrades and sequencer resilience. OP Stack upgrades require Token House approval and Security Council implementation, while sequencer outages may delay transactions but do not freeze withdrawals through Ethereum. OP Enterprise offers 99.9% or 99.95% uptime SLAs depending on tier, and OP Mainnet secured about $1.57 billion as of August 31. Optimism has published a detailed governance and infrastructure clarification aimed at correcting outdated or inaccurate claims appearing in AI-generated answers about the network. The update addresses treasury control, governance participation,…

U.S. dollar-pegged stablecoin Tether is a go-to tool for the Iranian government to bypass sanctions, a new report from a group of Senate Democrats said. Democrats on the Senate’s Homeland Security and Governmental Affairs Committee’s Permanent Subcommittee on Intelligence published a report Monday laying out the argument that Tether $USDT$1.0000 plays a key role in allowing Iran to conduct transactions that skirt international sanctions. “Iran’s cryptocurrency-based shadow banking network has processed significant volumes of funds and implicates various Iranian interests,” the report said, adding that Tether has “repeatedly failed” to block Iran-connected wallets. “$USDT has become a significant financial lifeline…

Perpetual futures on the Bitcoin Volmex Implied Volatility Index (BVIV) debuted on Hyperliquid on Monday, giving traders on the onchain exchange a way to bet on the degree, not direction, of bitcoin’s price swings. The BVIV Index, often described as a “bitcoin VIX,” tracks cryptocurrency’s expected 30-day implied or expected volatility in real time. The index is analogous to Cboe’s VIX index, which tracks the 30-day implied volatility in Wall Street’s benchmark equity index, S&P 500. The new perpetual market lets traders go long or short the volatility index directly, instead of having to express volatility views indirectly through options,…

The stock closed even lower by 4pm in New York, down 18.5% on the day and more than $6 billion beneath the prior day’s close. MongoDB intraday price chart (includes pre-/post-market), Sept. 28, 2026. Source: TradingView Desai’s exit landed one day before the company’s highly-anticipated Investor Day in New York, starting at 11am today. Needless to say, this event remains highly-anticipated for a far more awkward reason. Wall Street analysts rushed to update their MDB stock ratings, showering it with negative commentary. The resignation is “clearly negative” and “complicates the setup,” wrote Bank of America analysts yesterday. The news “creates…

By the Numbers Currently, $RLUSD’s market data shows no active trading volume, suggesting that it is either in its early adoption phase or awaiting further integration activities. However, the significant processing volume reported indicates a solid foundation for future trading and liquidity opportunities. As the market adapts to these changes, traders and investors will likely monitor the liquidity developments closely. $RLUSD is a stablecoin that operates primarily on the XRP Ledger, designed to facilitate transactions with increased stability and lower volatility. The integration into the Stablecoin FX Layer allows for enhanced liquidity and operational efficiency, catering to growing demand in…

Market Pulse Currently, the market is experiencing low trading volumes, which often signifies hesitation among traders. The ongoing discussions regarding SEC and CFTC regulations may be a contributing factor to this cautious sentiment. Traders are likely monitoring these developments closely, looking for signals that could indicate a shift in market dynamics or increased activity. The SEC (Securities and Exchange Commission) oversees securities markets and aims to protect investors while maintaining fair markets. The CFTC (Commodity Futures Trading Commission) regulates the U.S. derivatives markets, including futures and options. Both agencies have jurisdiction over various aspects of the cryptocurrency market, especially as…