Author: NBTC

“I believe that tokenization holds the potential to help the securities industry achieve a real-time inventory management, which could drive efficiency, reduce settlement failures, mitigate the risk of abusive naked short selling, with the goal of eliminating that possibility altogether,” Atkins said. “Therefore, I’ve asked the staff to consider what steps can be taken to dovetail a growth-friendly environment with protections against harmful market behavior.” Moving the U.S. securities markets beyond their weekday, daytime tradition will involve significant adjustments, Atkins and other SEC commissioners admitted, though Commissioner Hester Peirce noted, “Crypto markets certainly don’t sleep.” Peirce said that firms may…

Coinbase has filed with the Commodity Futures Trading Commission to list single-stock perpetual futures in the United States, seeking to bring a derivatives product widely used in crypto markets to individual US equities. The filing, submitted Friday through Coinbase Derivatives, seeks regulatory approval for contracts that would give US traders 24/5 exposure to individual stocks without owning the underlying shares. Perpetual futures differ from traditional futures contracts in that they do not expire. Coinbase said the products would build on its existing US perpetual futures market, extending the structure beyond crypto assets. The proposed contracts are classified by the CFTC…

Ami Ben-David, CEO of Ownera, highlighted that fragmentation poses a significant risk to tokenized markets. Ownera’s FinP2P protocol has now integrated with Hedera to create trusted, institutional-grade infrastructure for real-world asset tokenization. This collaboration holds potential for greater market stability and could attract institutional interest in Hedera’s offerings, as detailed in Hedera’s tweet. Breaking It Down Traders scanning the order books got a surprise when Ownera announced its integration with Hedera’s blockchain. This development aims to address the increasing fragmentation within tokenized markets, which has been a growing concern. While the broader crypto market shows mixed signals, Ownera’s focus on…

Ric Edelman compares Bitcoin’s adoption to Amazon in 1999 and predicts $BTC could reach $500,000 by 2030 as global adoption expands. Veteran American financial adviser Ric Edelman has made a striking comparison between Bitcoin’s current stage of adoption and Amazon during the early days of the internet boom. In a September 17 interview with Bitcoin Magazine TV, Edelman said he expects Bitcoin to become far more widely held over time and reiterated his $500,000 $BTC forecast for 2030. Edelman Draws a Bitcoin-Amazon Parallel Edelman pointed to the uncertainty surrounding Amazon in 1999, when investors were still debating whether the emerging…

Garrett Jin, a notable crypto trader, recently sold 35,001 $ETH for $87.5 million at a price of $2,500 each. This substantial sale, as noted by Twitter commentator @lookonchain, suggests a strategic pivot as he now opens a 3x long position on Bitcoin. Such moves can signal changing dynamics in the crypto market, influencing trader sentiment and liquidity going forward. What Happened The recent sale of 35,001 $ETH by Garrett Jin has sparked interest in the crypto community. This move aligns with broader market observations where Ethereum has shown a lag in momentum compared to Bitcoin. Analysts have noted that shifts…

Avalanche Treasury Corp approved a $10 million Class A share-repurchase program after reporting a $44.7 million second-quarter loss, with about $35.7 million attributed to losses linked to $AVAX. Management described the program as one tool to create shareholder value while it sees a market disconnect. The company’s Aug. 26 results release discloses the board’s approval and contains no disclosure of completed purchases, and its immediate effect is a statement of management intent. The company said the $35.7 million reflected fair-value changes, realized digital-asset losses, and impairments. That mix includes accounting adjustments and realized losses, making it distinct from a measure…

The $XRP Ledger is getting one of its biggest updates in a long time, moving from version 3.2.1 to version 3.3.0. The upgrade brings six new features, though not all of them are as new or exciting as they sound. How XRPL Updates Actually Work The $XRP Ledger runs on a network of computers called nodes, all connected to each other and all running the same software, known as $XRP Ledger D. The “D” stands for daemon, which is just a technical term for a background service. Version numbers follow a simple pattern: major changes update the first number, new…

Bitwise Chief Investment Officer Matt Hougan says the failure of the CLARITY Act in the Senate is unlikely to derail crypto’s current bull market, arguing that Bitcoin’s recent rally was already taking place as the bill’s chances of passage declined. The Senate rejected cloture on the Digital Asset Market Clarity Act on Tuesday in a 49 to 50 vote, falling short of the 60 votes required to advance the legislation. Hougan pointed to Bitcoin’s performance since July as evidence that the market was not dependent on the bill. Bitcoin rose from $57,950 on July 1 to above $80,000 on September…

TRON Inc., a $TRX digital asset treasury firm, was receiving its $TRX from an $HTX wallet until shortly after $HTX was sanctioned. It then transitioned to receiving $TRX from an $HTX-funded wallet. TRON Inc. is advised by Justin Sun and is chaired by Weike Sun, Justin’s father. Justin Sun’s TRON stock is dying We know that TEySEZLJf6rs2mCujGpDEsgoMVWKLAk9mT is the treasury address for TRON Inc. thanks to its daily posts on X and a press release attached to its form 8-K. This address was previously receiving its daily purchases of $TRX from TFTWNgDBkQ5wQoP8RXpRznnHvAVV8x5jLu, an address labeled on TRONSCAN as “$HTX 4,”…

Komainu has announced its role as a Day 1 launch partner for the Arc mainnet, providing institutional-grade custody support. This partnership is significant as it highlights the growing institutional interest in blockchain technology and could bolster confidence in the Arc platform. As noted in Komainu’s tweet, the mainnet aims to enhance programmable money and financial applications, which could attract more institutional players to the crypto space. Source What Happened The recent collaboration between Komainu and Arc signifies a critical step for the latter as it launches its mainnet. With Komainu’s established reputation in the realm of custody solutions, this partnership…