Author: NBTC

That leaves Thursday’s ECB decision as the next major macro event that could shift the currency backdrop before US inflation data return the focus to the Federal Reserve. The distinction will hinge on what moves alongside the euro. A sustained Bitcoin recovery would carry more weight if it coincides with lower real yields, easier credit conditions and gains in both $BTC/USD and $BTC/EUR. A falling DXY on its own could simply reflect Europe becoming relatively more attractive. A stronger euro can flatter Bitcoin’s dollar signal The complication comes from how the dollar index is constructed. The euro carries a 57.6%…

What the Data Shows As of now, $AAVE holds a price point of $0 with no recorded trading volume. This unusual inactivity may suggest a consolidation phase or a quiet period in the market as traders reassess their strategies. The absence of volume also highlights the potential for sudden price movements as new trading actions, like the recent whale activity, emerge on the scene. $AAVE is a decentralized finance (DeFi) protocol that allows users to lend and borrow a wide range of cryptocurrencies. Its increasing adoption reflects a broader trend in the DeFi sector, making it a focal point for…

Under the broader proposal, MSCI would first assess whether a company has substantial operating assets before applying five additional financial tests. Its own simulation showed that Strategy, Metaplanet and uranium investment company Yellow Cake would be removed under the proposed methodology. Removing crypto treasury firms like Strategy or Metaplanet from MSCI indexes could force funds that track those benchmarks to sell their shares. In 2025, JPMorgan analysts estimated Strategy could face about $2.8 billion in outflows if it were excluded, Cointelegraph reached out to MSCI for comment but had not received a response before publication. BPI questions how MSCI defines…

Market Snapshot Currently, PayPal’s new PYUSDx initiative has sparked interest in the stablecoin sector, even as the market remains volatile. While PayPal’s direct token prices remain unreported, the introduction of this infrastructure represents a notable development in the stablecoin competition. Traders are watching closely to see how this will influence other players in the market, especially given the significant volume already processed through this new framework. PayPal operates as a leading digital payment platform that facilitates online money transfers and serves as an electronic alternative to traditional paper methods. With the launch of PYUSDx, PayPal is asserting its influence in…

The judge dismissed 12 other claims with prejudice, preventing the plaintiffs from amending them in this case. Three consumer-protection claims were dismissed without prejudice. The plaintiffs have until Oct. 20 to amend those claims or tell the court they will not do so. Celsius, a crypto lender, filed for bankruptcy in July 2022 during the crypto market crash. It froze withdrawals a month earlier, leaving customers unable to access about $4.7 billion in assets. The Chainalysis lawsuit is part of the estate’s effort to recover funds for creditors. Chainalysis told Cointelegraph it was unable to comment. Celsius’ litigation administrator had…

The activity had already drawn attention from Beni, a co-founder of research firm Stealth Neolab, who said Kalshi’s ether perpetual recorded about $539 million in 24-hour volume against just $3.1 million in open interest. He later found that trades of exactly $5,500 made up 48% to 58% of notional volume on four days in September. Beni said the figures came from Kalshi’s public API. Diana said the patterns can be explained by Kalshi’s liquidity incentive program, which rewards participants for providing liquidity. “We send our data every day to them [the CFTC], and it’s not that weird for them to…

Token Metrics Despite the absence of significant price movement or trading volume, the discussions around tokenized stocks indicate a growing interest in innovative financial solutions. As the crypto landscape evolves, developments like those from Ceteris suggest a shift in how consumers interact with investments, potentially leading to increased adoption of blockchain technologies in everyday transactions. Ceteris operates at the intersection of cryptocurrency and traditional finance, focusing on decentralized financial solutions. Given its innovative proposals, it positions itself to influence how consumers engage with tokenized assets, which is becoming increasingly relevant in today’s evolving financial landscape. Where Do We Go From…

Data from CryptoSlate showed Bitcoin traded around $78,800 on Tuesday after failing to sustain its latest move above $80,000. This puts the divergence between speculative positioning and actual spot demand back in focus. Options traders start paying for upside The clearest change came in Bitcoin’s options market, where 25-delta skew swung to -2.05% from +0.79%. Under Glassnode’s methodology, the move means calls have become relatively more expensive than puts, signaling greater demand for upside exposure. This marks a reversal from the more defensive positioning seen previously and suggests traders are increasingly willing to pay for the possibility of another advance.…

Price Action Breakdown With Solana’s DeFi TVL now exceeding $6.5 billion, the platform is regaining its footing after the recent exploit. This recovery could be indicative of a broader trend as traders look to capitalize on Solana’s low-cost and high-speed infrastructure. The current trading conditions in the crypto market appear favorable for Solana, which may boost confidence among investors and developers alike. Solana is known for its high throughput and low transaction costs, making it an attractive option for DeFi projects. The recent Drift hack, which resulted in a significant loss of funds, created uncertainty in the market. However, the…

Myriad: How high will Bitcoin go in September? Click to make your prediction. Rising oil prices tend to feed straight into inflation, since energy costs ripple through shipping and manufacturing alike, which makes the Federal Reserve’s upcoming decision on interest rates even harder to call. The Dow Jones Industrial Average fell 614.88 points, or 1.15%, to 52,799.37. The Nasdaq Composite held up better, slipping 0.19% to 26,457.73, according to Tuesday’s session. Markets are now pricing roughly a 57% chance the Federal Reserve raises interest rates a quarter of a percentage point at its September 15-16 meeting. An interest rate hike…