Author: NBTC

Neutrl has opened a redemption program whose Ethereum contract pays 0.51 $USDC per NUSD, giving holders an exit at a 49% shortfall to the token’s $1 reference value. The rate is directly visible in Neutrl’s redemption contract: its `redemptionRate()` function returns 510000000000000000, an 18-decimal ratio equal to 0.51. Neutrl said NUSD and sNUSD holders may submit requests, receive $USDC and have the corresponding tokens burned, although its public announcement did not specify the conversion applied to sNUSD. The same NUSD valuation is set to exhaust the first-loss buffer in Strata’s Neutrl market. Strata scheduled an update that, once executed, would…

On Friday, the 11th of September, Ethereum [$ETH] rallied to a high of $2,667. Just four days later, $ETH had undergone an 11.6% retracement back to $2,356. At the time of writing, Ethereum was trading at $2,495 and was once again closing in on the $2,530 local resistance zone. Wednesday’s rate hike decision has given investors reason to pause and reassess their bullish conviction. Further rate hikes to combat inflation would mean a phase of tightening liquidity in the market, making risk-on market losses more likely. The spot Ethereum ETF flows have slowed down in recent days. According to Farside…

Jarrod Patten, a director at Strategy (formerly MicroStrategy), has sold approximately $10.4 million worth of company stock this year, according to data tracked by Bitcoin Treasuries. The sales, executed across 31 transactions, were all tied to stock options granted in 2016 and 2017, before the company’s transformation into a Bitcoin-focused treasury. Background of the Stock Sales The shares sold by Patten were acquired through the exercise of stock options awarded during his tenure when the company was still known as MicroStrategy and operated primarily as a software firm. These options, granted nearly a decade ago, have since appreciated significantly, coinciding…

As Ripple continues to expand the $XRP Ledger infrastructure, facilitating adoption among institutions, the blockchain has continued to see a rapid increase in its holder count. Following Ripple’s persistent push, $XRP Ledger is seeing renewed momentum in its tokenized asset market as the latest data from the real-world asset ecosystem shows that its number of RWA holders has soared by 25.16% over the last month. XRPL RWA infrastructure expands Just a few days ago, Ripple disclosed its new investments in two major companies solely for the purpose of advancing the $XRP Ledger infrastructure to foster institutional adoption of tokenized assets…

Binance is expanding its derivatives offering into foreign exchange with the launch of 24/7 perpetual futures, starting with a US dollar-Brazilian real contract on Monday. Unlike traditional FX markets, which close for the weekend, Binance’s contracts will trade continuously using a dual-mode pricing system. During regular FX trading hours, prices will track a weighted index from third-party data providers, while weekends and public holidays will use an orderbook-based pricing mechanism. The USDBRLUSDT contract will go live on Sept. 21, settle in $USDT and offer up to 100x leverage, according to a Friday announcement. Binance said the weekend system uses an…

According to a new investigation, validators are accepting payments starting at 10 $SOL ($1,000) a month to leak early access to Solana trades they receive for block production. Maximal extractable value (MEV) is on allegedly sale to quants via an incredibly valuable, realtime feed of pre-execution transactions. Corvus Labs’ Andrei Vacariu traced payouts through a vault where Everstake, led by former Grayscale founding general manager David Kinitsky, sells a $4,000/month private data feed of pending trades. He also claimed that Everstake salespeople are soliciting more validator node operators to join the scheme with offers of over 10 $SOL a month.…

Bitcoin price stabilized above $76,000 after buyers defended the $75,000 area, while improving 4-hour momentum and nearby liquidity at $77,000 pointed to a possible short-term rebound. Bitcoin price action today According to data from crypto.news, Bitcoin (BTC) price was trading near $76,362 at the time of writing, up about 0.2% on the day after moving between $76,055 and $76,774. The latest session followed a decline that briefly pushed the asset below $75,000 before buyers stepped in. The rebound came after the Federal Reserve delivered its first interest-rate increase in three years. The central bank raised its benchmark range by 25…

Ethereum climbed nearly 2% over the past 24 hours as the cryptocurrency market continues its recovery following the Federal Reserve’s latest interest-rate decision. $ETH rebounded from a low of $2,370 on Wednesday and moved toward $2,470, suggesting traders viewed the rate increase as largely priced in. Rather than triggering a “sell the news” decline, the decision produced a counterintuitive recovery across the crypto market. Markets are pricing in an almost 90% chance of at least one additional Fed rate increase by the December meeting, according to FedWatch data. Ethereum ETF flows turn negative Despite the price rebound, institutional demand through…

Gold is having its strongest run since 1979. The metal touched a record near $5,600 an ounce in January. And unlike other retail-frenzy driven asset runs, this one is being driven by the most conservative institutions on earth: Central banks. Central banks added 863 tonnes of gold in 2025 and are on pace for roughly 850 more in 2026, nearly twice their pre-2022 rate. The World Gold Council’s latest survey of 76 reserve managers found that 89% expect official gold holdings worldwide to grow over the next twelve months, and a record 45% plan to add to their own. Gold…

TokenWorks, the two-person team behind $NFT gacha protocol Fake World Assets, will route 80% of future protocol fees to FWA token buybacks and spend 327 $ETH, about $610,000, buying the token for a team reserve. The commitments came after holders learned that the team’s original plan for FWA’s trading debut directed none of the roughly $3.2 million earned during the protocol’s two-week launch to buybacks, setting off a selloff that took the token to a record low. FWA traded at $0.0083 on Tuesday, down 43% over 24 hours after hitting an all-time low of $0.0066 overnight, according to CoinGecko. The…