Author: NBTC

The Nov. 3 midterm election is less than 11 weeks away, and its betting market had already surpassed the full 2024 congressional cycle in the latest comparable data. Traders had placed at least $133 million across markets tied to House and Senate races by Aug. 10, compared with $92.4 million during all of 2024. The menu expanded from 464 comparable congressional markets to 7,466, covering primaries, vote shares, turnout, endorsements, candidate remarks, and winners. The top-line volume makes election betting look huge, but the participation data shows something narrower. On Polymarket Global, the top 1% of wallets account for 68%…

Bitcoin price today remained resilient above the $64,000 support zone as investors adopted a cautious stance ahead of the Federal Reserve’s July policy meeting. While $BTC has traded within a narrow range over the past two weeks, that consolidation could soon end as markets prepare for one of the most influential macro events of the quarter. Although the Fed is widely expected to keep interest rates unchanged, traders are closely watching the central bank’s policy outlook for clues on the direction of liquidity, inflation and financial conditions, all of which could determine Bitcoin’s next major move. What to Expect From…

Still, the company had recently advertised jobs — including for a national trust officer and a chief operating officer — at a “Zerohash National Trust Bank” that it indicated had a “pending charter application” before the OCC. And Zerohash Co-president Stephen Gardner’s LinkedIn page lists him as CEO of the “zerohash national trust bank (pending).” For its part, Zerohash indicated that the initial OCC application may have been ambitious in the scope of the trust bank’s planned operations, having covered “a wide range of digital asset and fiduciary services,” the company said, adding that the next effort will take a…

Voting power was snapshotted on Aug. 13 at block 155,526,433, one week before voting closed. Any OP bought or delegated after that snapshot could not count toward the proposal. The Optimism Foundation said broad user airdrops no longer match Optimism’s institutional adoption strategy and that the unspent tokens could instead support partnerships, incentives and enterprise deals. It proposed reporting cumulative deployment through its annual budget report, according to the proposal. Ethereum scaling research platform L2BEAT objected to the open-ended authority, an unclear link to tokenholder value and the absence of a review of earlier partnership spending, while pseudonymous rollup researcher…

HM Revenue and Customs has reported that 17,600 UK taxpayers declared £1.38 billion in taxable cryptocurrency gains for the year ended April 5, 2025. According to the figures published on August 27, 240 individuals reported more than £1 million each in crypto capital gains. Crypto gains appear separately for the first time The disclosure marks the first time HMRC has broken cryptocurrency gains out as a separate category after adding a dedicated section to the UK’s self-assessment return. The authority said the average taxable digital-asset gain among those reporting was £78,000, while almost 90% of the taxpayers in the dataset…

In a recent post, Shiba Inu community member Kuro highlights a recent development in Japan that has the potential to boost Shiba Inu’s status in the country. According to Kuro, a new registration of a Japanese crypto asset exchange operator has occurred for the first time in four years. 4年ぶりに日本の暗号資産交換業者が新規登録されました。しかもそれは野村グループのデジタルアセット事業会社で、そこで最初に取り扱われるわずか6銘柄の中に $SHIB が含まれます！日本の機関投資家向け暗号資産インフラの中にSHIB！もうSHIBは日本において特別な存在と見ていいでしょう！😍 https://t.co/XJiZ07S9T8 — KURO🐾SHIBARMY JPN🇯🇵 (@kuro_9696_9696) August 22, 2026 Laser Digital Japan, the Japanese entity of Nomura’s digital assets subsidiary, Laser Digital, announced Friday that it has completed its registration and is now authorized to operate as a crypto asset exchange service provider under Japan’s Payment Services Act. Laser…

As Ethereum [$ETH] advanced toward $2500, traders went all-in, adding massive amounts of leverage on both Binance and Bybit. The combined Open Interest (OI) on these two exchanges grew by $1.12 billion over the seven days ending on the 22nd of August, after traders began to chase Ethereum’s breakout. Recently, that momentum has dramatically fallen off. As of the 30th of August, the leverage collapsed 90.9% to just $102 million. Binance fell from $843 million to $94 million, while Bybit plunged from $277 million to $8 million. Source: CryptoQuant However, $ETH is still trading near $2500, even though derivatives are…

The U.S. consumer price index for July delivered exactly what forecasters expected, and for crypto traders, the absence of a macro shock was the story. Headline CPI rose 3.4% year-over-year, the same as projections and a tick below the prior 3.5%. Core CPI, which strips out food and energy, landed at 2.5% annually, matching estimates and easing from 2.6% the month before. The numbers, sourced from the original report, produced no immediate volatility spike in digital asset markets, but they left plenty of questions about the Federal Reserve’s timeline unanswered. A 0.2% monthly rise in seasonally adjusted core CPI and…

If you bought during the first big altcoin wave in 2018, there is a fair chance a block of ICX is sitting in your portfolio or in an old wallet. The token of the ICON blockchain was a top-30 coin back then, and that is exactly the sort of position nobody looks at again for years. With ICX that now gets expensive: the ICON Foundation has announced the end of the chain, and there is a date after which a forgotten holding can no longer be rescued. In German there is next to nothing to be found on this. On…

Donald Trump Jr. reportedly urged Republican state attorneys general earlier this year not to pursue prediction markets. Various legal battles already threaten to determine whether platforms like Kalshi and Polymarket are regulated as federally overseen financial exchanges or state-controlled gambling operations. At a Republican Attorneys General Association event in New Orleans in March, Trump Jr. argued that states were being influenced by gambling companies trying to protect their “monopolies,” according to The New York Times. He reportedly said prediction markets should instead fall under federal oversight. The remarks attracted attention because Trump Jr. has ties to both major prediction market…