Author: NBTC

The fact that the August non-farm payrolls data in the US came in significantly above expectations has shifted the Federal Reserve’s focus to the inflation data to be released next week regarding its interest rate policy. Ryan Weldon, investment director and portfolio manager at IFM Investors, stated that the strong employment outlook could give the Fed more room to maneuver for interest rate hikes if needed. The U.S. economy created nearly 162,000 new jobs in August. This figure, roughly three times the amount economists had expected, indicates that the labor market remains resilient despite high retirement rates and a significant…

$BNB Chain has scheduled its Pasteur hard fork for Aug. 25, introducing three changes intended to strengthen cross-chain transfers, tighten validator controls, and raise tested transaction capacity from 1,237 to 2,324 transactions per second. $BNB Chain said in an Aug. 14 announcement that Pasteur will go live on $BNB Smart Chain at 2:30 a.m. UTC on Aug. 25 after running on its test network since July 21. Node operators must install BSC software version v1.7.7 before the activation time. The network also instructed operators to remove an outdated setting called EnableBAL from their configuration files because the updated software will…

Grayscale recently commented on the SEC’s consideration of novel crypto ETFs, highlighting the importance of regulatory clarity. They emphasized the need for the Commission to build upon existing frameworks and provide clear guidance for issuers. This move is essential as it could pave the way for increased institutional participation in the crypto market. For more details, read Grayscale’s full statement here. The Key Development The current climate around crypto ETFs is evolving, with Grayscale pushing for clear regulatory guidance from the SEC. This comes amid a backdrop of mixed signals in the broader crypto market, where institutional interest remains high.…

The Bank of Korea has published an issue note showing that direct fiat-to-stablecoin trading pairs on Binance create a channel that carries demand for dollar-pegged stablecoins into foreign-exchange markets, pushing some local currencies lower. The note, “Stablecoin–FX Linkages: Evidence from Fiat–Stablecoin Pair Listings on a Global Exchange,” was released on 3 September 2026 by Kim Jihyun and Cho Sangheum, economists on the central bank’s International Finance Research Team. How Stablecoin Demand Reaches the FX Market The authors trace a two-step mechanism. When Binance introduced pairs such as the Brazilian real against $USDT or $USDC, local investors could buy stablecoins directly…

Pyth Network has announced the launch of Pyth Pro and 24/7 Indices on the Stellar Network. This integration offers developers streamlined access to vital financial data, allowing for more efficient application development. Such advancements are crucial in the evolving cryptocurrency landscape, particularly as more builders seek reliable data sources. For further details, refer to the official announcement here. Quick Take Pyth Network has launched Pyth Pro and 24/7 Indices on Stellar. This integration provides developers with essential financial data via a single source. The tools are designed to streamline data access for applications within the ecosystem. By facilitating data sourcing,…

Bitcoin trades at $65,246 on July 24, up 0.30%, holding above the ascending trendline from the June low despite a sharp ETF outflow day and oil pushing toward $95 on renewed Iran tensions. The Sharpe ratio has compressed to -23, a reading that appeared at the 2015, 2019, and 2022 bear market bottoms before each of Bitcoin’s three major recovery cycles. $BTC Is Riding An Ascending Trendline Into Horizontal Resistance $BTC 1D Price Action (Source: TradingView) The daily chart shows $BTC supported by an ascending trendline from the late June low near $57,500, with price consolidating between that trendline and…

Ethereum price has slipped 1% over the past 24 hours to around $2,480 on Sept. 8, leaving $ETH below the $2,500 level as traders wait for US inflation data. CoinGecko puts Ether at roughly $2,480, with the token still up around 0.8% over the past seven days after trading between approximately $2,375 and $2,525 during the period. $ETH has repeatedly moved above $2,500 since Sept. 4 but has failed to hold those gains, keeping the price in a tight range. The lack of direction comes as traders prepare for the US August Consumer Price Index report on Sept. 11, the…

Citigroup has significantly postponed its expectation regarding Federal Reserve interest rate cuts following strong employment data from the US. The bank announced that it expects the Fed to make its next 25 basis point interest rate cut in June 2027. According to Citigroup’s new forecast, the Fed is expected to implement three separate 25 basis point interest rate cuts in June, September, and December 2027. Citi previously predicted rate cuts in October and December 2026, and January 2027. Strong US employment data influenced the forecast revision. In August, non-farm employment increased by 162,000 people, exceeding market expectations, while the unemployment…

XAO DAO is preparing a series of governance changes for the $XRP Ledger over the next two to three months, according to Fabio Marzella, the organization’s co-founder. The planned changes would let members delegate voting power, adjust quorum rules, and access community mini-grants, as the DAO looks to make participation easier and more representative, at a moment when several XRPL projects have already scaled back or shut down. XAO DAO Targets Broader Participation Marzella said the first change would introduce wallet delegation, allowing members to hand their voting power to others when they lack the time or expertise to vote…

Fairshake has entered the final stage of the 2026 U.S. election cycle with $122 million available after supporting nearly 50 winning candidates during the primaries. Fairshake adds nearly 50 primary wins According to reports on Wednesday, Fairshake supported nearly 50 successful primary candidates as the crypto industry-backed super PAC prepared to direct its remaining funds toward the November elections. Among its latest wins, Democratic Representative Jake Auchincloss secured his party’s nomination in Massachusetts after receiving support from Protect Progress, Fairshake’s Democratic-focused affiliate. Protect Progress spent $189,527.60 on four mailers supporting the incumbent, according to Federal Election Commission disclosures cited in…