Author: NBTC

Cryptocurrency investor and analyst Lark Davis assessed the support levels to watch should Bitcoin decline further. Davis stated that Bitcoin could initially find support around $73,000, and if this area is lost, the level around $67,000 could come into play. Davis shared his assessment of Bitcoin’s short-term outlook via X. According to the analyst, market weakness may persist for some time due to factors such as developments regarding cryptocurrency regulations in the US and the Federal Reserve’s interest rate hike. The first technical level Davis highlighted was the 200-day exponential moving average (EMA), located at approximately $73,000. The analyst stated…

Macro expert Dr. Jim Willie laid out a sweeping, speculative theory connecting $XRP to global reserve currency status, big bank adoption, and the IMF’s Special Drawing Rights basket, though none of the claims he made are independently verified. The SDR Theory Willie argued $XRP could eventually join the IMF’s Special Drawing Rights basket, currently composed of the dollar, euro, yen, Swiss franc, pound, and yuan. He went further, claiming $XRP “had its origins under the BlackRock roof,” though he offered no documentation for that claim beyond stating it directly. He also referenced what he described as IMF documents suggesting $XRP…

Cardano founder Charles Hoskinson says the U.S. Senate’s failure to advance the Digital Asset Market Clarity Act (CLARITY Act) confirmed his prediction. For context, during the Senate’s September 15, 2026, procedural vote, the bill fell short of the 60 votes needed to advance. All Democrats and four Republicans voted against the measure. Following the vote, Hoskinson briefly reiterated his earlier warning, stating, “As predicted.” He had made the prediction days earlier during his Devs versus Builders livestream, where he argued that the cryptocurrency industry had weakened its political standing by becoming increasingly associated with celebrity-themed tokens, meme coins, and speculative…

Goldman Sachs is deepening its institutional involvement with Hyperliquid, as shared by $PURR CEO David Schamis. Initially met with skepticism, Goldman has since published research on Hyperliquid and engaged with around 20 investors, including Point72 and Citadel. This expanding interest signifies a notable shift, emphasizing a trend towards active research and platform usage, rather than mere exposure. The Story So Far The current crypto market shows mixed signals, with varying momentum across major assets. Hyperliquid’s rising profile comes at a time when institutional investors are increasingly looking for innovative trading platforms. The recent interest from Goldman Sachs suggests a potential…

Bitwise CIO Matt Hougan stated that the upward trend in Bitcoin’s price could continue as long as debt-related concerns do not ease. Hougan supported his assessment with a chart he shared on social media platform X, highlighting the relationship between market developments and Bitcoin’s performance. According to Hougan’s chart, between July 1st and September 15th, the probability of the US Clarity Act being passed this year dropped from 39% to 18% in the Polymarket. During the same period, the price of Bitcoin increased by 38%. The data reveals that expectations regarding regulatory developments in the cryptocurrency market are not aligning…

The European Central Bank (ECB) has announced the launch of Pontes, a tokenized finance project, in the third quarter of this year. The initiative, revealed by ECB Executive Board member Piero Cipollone, aims to connect distributed ledger technology (DLT) platforms used in financial markets with TARGET Services, the Eurosystem’s existing payment infrastructure. The core objective is to enable DLT-based financial transactions to be settled in tokenized central bank money, rather than relying on commercial bank deposits or stablecoins. Bridging DLT and Traditional Settlement Pontes represents a significant step in the ECB’s exploration of how blockchain technology can be integrated with…

India’s Minister of Finance, Nirmala Sitharaman, believes the country needs to maintain an investor-friendly tax policy by avoiding taxes that deter investment, enterprise, and innovation. Sitharaman stated this while speaking at the 8th International Tax Conference on September 16 in Bengaluru. The Minister noted that investor-friendly tax policies will encourage enterprise, while simplifying compliance and reducing litigation. Her message comes amid new levies on securities transactions and capital gains, creating a gap between policy intent and how investors may perceive the tax environment. India’s Remarkable Fiscal Growth India’s GDP recorded an impressive 7.8% growth year-on-year during the April-June quarter of…

BMLL has added Kalshi’s historical order book data to the datasets it sells to hedge funds, the London-based data provider said today (Thursday). It maps the prediction market records onto the schema it uses for CME Group’s event contracts, so one model can run on both. That matters for funds testing trades around Federal Reserve rate decisions, CPI releases or GDP prints, which BMLL named as examples. Kalshi said in May that its institutional trading volume rose 800% over the prior six months. Kalshi gave that figure when it raised $1 billion at a $22 billion valuation to build institutional…

Bitcoin’s recent volatility has surged, reflecting a renewed uncertainty surrounding Federal Reserve policy. As highlighted by @KaikoData, the 30-day rolling volatility for Bitcoin spiked after the August Jackson Hole speech, eased, and then climbed again into September. This situation suggests that traders should closely monitor future Fed communications for clearer guidance on interest rates, impacting market sentiment. Inside the Move The broader crypto market indicates mixed signals, with various assets experiencing different momentum shifts. As Bitcoin grapples with climbing volatility, reduced forward guidance from the Federal Reserve adds an element of unpredictability. This uncertainty is particularly relevant for traders engaged…

Rob Nichols says the American Bankers Association wants to strengthen the Clarity Act, not kill it, and that the fix is a handful of word changes in a 600-page bill. I take him at his word on intent. But the changes are not small, and the premise behind them has been tested against seven years of data and did not survive. The ABA’s case rests on a prediction: let platforms pay stablecoin rewards and deposits will drain out of community banks, taking local lending with them. That has been testable for years, because current law already permits these rewards, and…