Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

S&P 500 hits record high as stocks rise after latest jobs report

RegulationOct 2

U.S. stocks rose as investors reacted to the softer-than-expected jobs report, with the S&P 500 and Nasdaq inching higher to lead the bounce for major gauges. Summary S&P 500 and Nasdaq rose after latest jobs report showed a labor market in slowdown. Cryptoccurrencies also gained as Bitcoin jumped above $113,000. The S&P 500 gained 0.4% to a record 6,537, and the Dow Jones Industrial Average added 50 points as the tech-heavy Nasdaq opened up 0.9% as August’s soft labor data further ignited Wall Street’s bets on a Federal Reserve interest rate cut in September. Gains across the stock market also…

‘Pharma Bro’ Martin Shkreli Can Be Sued Over Wu-Tang Clan Album Copies, Judge Rules

LegalOct 2

A federal judge ruled Thursday that "Pharma Bro" Martin Shkreli can be sued for allegedly copying and distributing Wu-Tang Clan's one-of-a-kind album "Once Upon a Time in Shaolin," handing a partial victory to the digital art collective that owns the exclusive recording. U.S. District Judge Pamela Chen allowed PleasrDAO to move forward with trade secret misappropriation and property recovery claims against the former pharmaceutical executive in a 32-page decision, while dismissing other allegations on copyright preemption grounds. PleasrDAO’s lawsuit alleges Shkreli retained digital copies of the album after forfeiting it in 2018 to partially satisfy a $7.36 million judgment from…

Why Crypto Brand Doodles Is Now on a Froot Loops Cereal Box

NFTOct 2

Ethereum NFT collection Doodles commenced its collaboration with Kellogg's cereal brand Froot Loops on Wednesday, selling custom boxes pairing the brand’s famous rainbow toucan with Doodles’ colorful pastel characters. Only 500 custom boxes were available priced at $50 each, though the Froot Loops cereal is not included. Each limited-edition box comes with a digital collectible that will be provided to purchasers via an NFT minted on Coinbase’s Ethereum layer-2 network, Base. “For a lot of us, Froot Loops isn’t just cereal, but a brand that’s reminiscent of Saturday mornings, cartoons, and that carefree feeling of being a kid,” Doodles CEO…

Ether Falls Below $4,000 As Significant Selling Activity Fuels Losses

EthereumOct 2

Ether fell below the psychologically significant level of $4,000 on Thursday, September 25 as substantial selling activity drove the digital currency lower. The world’s second-largest cryptocurrency by total market value dropped to roughly $3,825 during the day, according to Coinbase data from Tradingview. At this point, the digital asset was trading at its lowest point since early August. “Ethereum’s slide below $4,000 was driven by a wave of leveraged liquidations after key support broke, with over $300 million in longs wiped out in 24 hours,” Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital, stated via email. Dipasquale emphasized…

Elliptic unveils due diligence tool for stablecoins to track cross-chain activity

RegulationOct 2

The blockchain analytics specialist Elliptic has released a due diligence toolset for stablecoins. According to Elliptic, the product can scrutinize wallets and track assets moving from one blockchain to another. According to James Smith, the founder of Elliptic, Companies in mainstream finance can use the tracking tools and dashboard. The tools can be used by stablecoin issuers like Tether and Circle, which are the two biggest in an industry worth almost $300 billion, as well as their major suppliers and counterparties. In addition, the product is relevant to all stablecoin issuers operating today, not just the major ones. Smith revealed…

SEC Chair Backs Lighter Rules, Eyes End of Quarterly Reporting

LegalOct 2

U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has pledged to scale back financial regulation. Also, fast-track President Donald Trump proposal to end quarterly corporate reporting. Writing in the Financial Times, Atkins argued that government oversight should deliver only the “minimum effective dose” needed to protect investors. While giving businesses more freedom to grow. 吴说获悉，据金融时报，美国证券交易委员会（SEC）主席 Paul Atkins 表示，政府应提供最低有效剂量的监管，并承诺将加快推进特朗普提出的废除公司季度财报制度。目前 SEC 要求上市公司每 90 天披露财务报表。https://t.co/PqIBKB7pyZ — 吴说区块链 (@wublockchain12) September 29, 2025 The move signals a sweeping departure from the regulatory path set under former chair Gary Gensler. He emphasized aggressive enforcement and broader disclosure mandates. By contrast, SEC Chair Atkins is positioning…

This 'Unhinged' Weed Farming Game Is Catching Fire on Solana

GameFiOct 2

Addicted, a Solana-powered cannabis farming simulator described as “unhinged” by its creators, has attracted the eyes of the crypto gaming community as players boast about dizzying play-to-earn gains via a skyrocketing token. Players are invited to build and grow their own on-chain drug empires in Addicted, after paying 0.5 SOL (approximately $110) to purchase their first digital cannabis plant. The virtual farms yield WEED tokens for players based on their “grow power,” determined by how many plants a farm has and how rare they are. These tokens can be used to purchase farm upgrades and packs that contain seeds of…

Bitcoin treasury firm NAKA’s shares and mNAV crashed 90%

RegulationOct 1

As of the close of trading yesterday, David Bailey’s bitcoin treasury company Nakamoto (NAKA) had lost 90% of its share price and its multiple-to-Net Asset Value (mNAV). Increasingly desperate to restore investor confidence, he swore that he was “as all in on bitcoin as you can possible [sic] be.” Bailey’s firm was supposed to somehow create a successful bitcoin treasury company of bitcoin treasury companies after Nakamoto opened for trading at $28.51 on his NASDAQ debut. Riding the coattails of early success by Michael Saylor’s MicroStrategy (MSTR) and Tether’s Twenty One (CEP), Bailey and Nakamoto hoped to take advantage of…

MASAK will be able to freeze accounts and exchanges

LegalOct 1

Ankara prepares an unprecedented crackdown on digital finance: a proposal in the works, also reported by Bloomberg, would expand the powers of MASAK, the anti-money laundering unit, providing for the immediate freezing of bank accounts and crypto wallets on exchanges. The text, not yet made public, is expected to reach Parliament in the coming weeks, with measures aimed at combating money laundering and illicit financing. According to sources close to the dossier, the package aims to align Turkey with international standards of the FATF, accelerating precautionary blocks and strengthening controls on identity and transactions. To date, there are no official…

Ethereum Dives Sharply – $4,000 Break Sparks Concerns Of Extended Downtrend

EthereumOct 1

Ethereum price started a fresh decline below $4,050. ETH is now struggling and might decline further if it breaks the $3,850 support zone. Ethereum failed to extend gains and declined below the $4,000 zone. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below $3,880 and $3,850. Ethereum Price Dips Further Ethereum price remained in a bearish zone after it settled below $4,250, like Bitcoin.…