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NBTCNEWS

Author: 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.

Enosys Loans Lets Users Mint First XRP-Backed Stablecoins on Flare

Enosys has launched Enosys Loans, a Collateralized Debt Position protocol on the Flare blockchain. The system allows XRP holders to mint a trustless, overcollateralized stablecoin without selling their assets. At launch, FXRP and wFLR are accepted as collateral, with plans to add stXRP in the near future. The protocol uses the CDP model, where users lock assets as collateral to generate stablecoins valued near $1. A stability pool manages liquidation events and covers outstanding debt, while participants earn rewards from minting fees, interest, and liquidation proceeds. Collateral Pricing via FTSO Collateral pricing is provided by the Flare Time Series Oracle…

Three Main Catalysts Driving Ethereum's Price: Sygnum

Ethereum’s renewed bullish momentum is a combination of improving fundamentals, demand spike amid a declining supply, according to digital asset bank Sygum. According to Sygnum’s latest report, Ethereum’s limp performance between 2022 and 2024 and the first half of 2025 has taken a quick U-turn, with a perfect storm of supply shock and institutional demand, coupled with fundamental and regulatory developments, pushing it to record highs after nearly four years. “The price of Ethereum has risen around 140% since the Pectra upgrade compared to 15% for Bitcoin and 42% for Solana,” the bank noted, due to the “smooth execution of…

UAE's M2 pivots to digital asset wealth management

M2, the Abu Dhabi based regulated crypto exchange, has dropped its previous business model and is now focusing on being a digital asset wealth management platform. The firm which is backed by UAE sovereign wealth fund ADQ, with shares also owned by Phoenix Group, has changed its business plan and will now focus on serving high-net-worth individuals (HNWI), family offices, institutional investors and corporate treasuries, offering them digital asset investment solutions. Globally there has been a rising demand for institutional investment in digital assets. An EY survey reported that nearly 60% of institutional investors plan to allocate over 5% of…

LTP Expands Crypto-FX Bridge Through Gold-i Partnership

Hong Kong-based institutional prime broker LTP has partnered with the UK fintech provider Gold-i to broaden distribution of its cryptocurrency and Forex liquidity, as institutional investors increasingly demand unified access to both digital and traditional asset markets. The partnership connects LTP's liquidity pools to Gold-i's MatrixNET platform, which according to both companies, should allow brokers, hedge funds, family offices and professional traders to access both crypto and FX markets through a single FIX API connection. LTP has been expanding beyond its core crypto prime brokerage services to include traditional FX and CFD markets. The firm now offers unified market access…

Bitcoin mining difficulty paints new ATH amid centralization fears

The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s hashrate, the average of the total computing power securing the decentralized monetary protocol, also hit an all-time high of over 1.1 trillion hashes per second on Friday, according to CryptoQuant. The rising mining difficulty and the constant need for energy-hungry, high-performance computing power to secure…

Mercado Bitcoin to issue $200 million in tokenized assets on Stellar

Key Takeaways Mercado Bitcoin will issue $200 million in tokenized fixed income and equity instruments on the Stellar network. The initiative highlights Stellar's growing role in bringing Latin American real-world assets onchain. Mercado Bitcoin, Latin America’s major digital asset investment platform, will issue $200 million in tokenized fixed income and equity financial instruments on the Stellar network, the company announced today at Stellar Meridian 2025. The project taps into Stellar’s proven track record in real-world asset (RWA) tokenization, especially in Latin America’s financial sector. The region’s crypto market is forecast to reach $442 billion by 2033, according to IMARC Group.…

Temporary ‘Boost’ from DeFi Lender Morpho Behind Elevated USDC Lending Rates for Coinbase Users

A lending product unveiled by Coinbase that offers up to 10.8% returns on USDC deposits is receiving a temporary boost from DeFi lender Morpho. On X, Coinbase Head of Consumer and Business Products Max Branzburg said on Thursday that around 6% of the product’s returns stem from activity that takes place on Morpho’s platform, while an additional 5% is being “boosted” by the protocol itself. In a statement to Decrypt, a Coinbase spokesperson confirmed that Morpho is currently augmenting the lending product’s returns, but it declined to say whether the arrangement was the product of a deal, or when the…

Trend Research Buys Back 43,377 ETH After $80M Binance Transfer

Trend Research has moved back into Ethereum after a series of large-scale transactions this week. On-chain data shows the firm regained 43,377 ETH, valued at about $192 million. It follows an $80 million transfer of USDT to Binance. The move follows months of careful position management by the trading firm, which is led by investor Boss Yi. On September 4, two newly created wallets linked to Trend Research withdrew 34,000 ETH. This is worth around $150 million from Binance. The assets were deposited into Aave, a leading decentralized lending platform. This week, the same wallets borrowed $80 million in USDT…

Are DAT Firms Fueling the Next Crypto Meltdown?

The recent steep decline in the market-to-net-asset value (mNAV) of companies that hold large amounts of digital assets is amplifying market anxiety. On Monday, Standard Chartered Bank warned that the falling mNAV of small to mid-sized digital asset treasury (DAT) companies is heightening market risk. Shifting Landscape for DAT Firms DAT firms are publicly traded companies that hold and manage cryptocurrencies and other digital assets as core business assets. These companies raise capital by holding Bitcoin, Ethereum, and other digital assets as primary assets on their balance sheets. In contrast, traditional firms hold cash or bonds. This model allows investors…

Coinbase Issues Cryptocurrency Call to US Justice Department: "Solve Urgent Problems!"

Coinbase, the largest cryptocurrency exchange in the United States, stated that there should be uniform cryptocurrency regulation in the country. At this point, Coinbase sent a letter to the US Department of Justice requesting that federal regulators prevent state regulations from conflicting with national crypto policies and ensure uniform regulatory clarity. Coinbase's request comes after the state of Oregon filed a lawsuit against Coinbase for unregistered securities, despite the SEC withdrawing its lawsuit against the cryptocurrency exchange. Coinbase states that although the country's top regulator, the SEC, withdrew its lawsuit, states are filing lawsuits in defiance of the SEC's decision.…