Author: NBTC

Solana-based decentralized exchange GMTrade has introduced 24/7 perpetual futures trading for commodities, including gold (XAG), silver (XAG), and West Texas Intermediate crude oil (WTI). The new products allow traders to gain price exposure to these assets without holding the physical commodities or tokenized versions, according to a report from Crypto Briefing. How the Commodity Perpetuals Work The perpetual futures are cash-settled and track the spot prices of the underlying commodities. Price data is sourced from Chainlink Data Streams, a decentralized oracle network that provides low-latency, high-frequency price feeds. This integration is designed to ensure accurate and reliable pricing for traders,…

Ethereum price fell below $2,400 on Sept. 2 as renewed fighting between the United States and Iran pushed oil and Treasury yields higher, weakening demand for risk assets. Ethereum price drops below $2,400 According to data from crypto.news, Ethereum ($ETH) price traded near $2,372 at the time of writing, down about 1.9% on the day after reaching an intraday low of $2,356. The latest decline extended a pullback from the Aug. 27–28 highs near $2,510. $ETH has now lost about 5.5% from the upper end of that range. Sellers also pushed the token through the $2,400 psychological level, which had…

The appointment comes as traditional wealth managers and family offices in Asia take a growing interest in digital assets. Boston Consulting Group estimates total assets under management in the region will reach $99 trillion by 2029, with Singapore and Hong Kong among its key financial centers. Globally, roughly one-third of family offices already have exposure to cryptocurrencies, according to Goldman Sachs. Asia growth Asia is increasingly where crypto’s retail scale and institutional ambitions collide. APAC was the world’s fastest-growing region for onchain activity in the year through June 2025, with transaction volume surging 69% to $2.36 trillion, according to Chainalysis.…

Chainlink [$LINK] is in the spotlight! A recent White House appearance for the platform’s co-founder and infrastructure updates are keeping the mood up. But has any of it helped $LINK? Chainlink’s Sergey Nazarov speaks at The White House At the technology leaders event on August 20, co-founder Sergey Nazarov said recent U.S. regulatory moves are helping stablecoins reach a much wider audience. Source: YouTube He referred to the GENIUS Act and the growing use of U.S. government debt in stablecoin reserves as factors that could put dollar-backed digital assets into more hands. There’s a very real and tangible outcome that’s…

The U.S. Court of Appeals for the Ninth Circuit has ruled against Kalshi, a prediction market platform, in a dispute over state versus federal authority to regulate sports event contracts. The unanimous 3-0 decision allows Nevada gambling regulators to enforce state rules against Kalshi, reversing a lower court’s preliminary injunction that had temporarily blocked such action. Background of the case Kalshi, which operates a federally regulated exchange for event contracts, argued that the Commodity Exchange Act (CEA) preempts Nevada’s gambling regulations. The company sought to prevent Nevada from treating its sports event contracts as unlawful gambling. However, the Ninth Circuit…

The arrangement could significantly broaden Gemini’s distribution as crypto companies compete for a share of the rapidly growing prediction-market business. Platforms including Kalshi and Polymarket have helped turn event contracts, which allow users to wager on the outcome of real-world events, into one of the fastest-growing corners of trading. Crypto firms have increasingly turned to prediction markets and other new products to diversify revenue as weaker trading volumes have squeezed income from their traditional spot businesses. Gemini has been building out the regulatory infrastructure needed to compete in U.S. prediction markets. Gemini Titan received a Designated Contract Market license from…

The Federal Reserve is set to announce its interest rate decision on Wednesday, July 29. According to the FedWatch tool, there is a 64.2% probability that rates stay flat and a 35.8% probability of a 25 bps rate hike. This makes for some of the most divided market expectations regarding a rate decision in recent history, observed The Kobeissi Letter. In a post on X, the global capital markets commentary wrote that “Fed Chair Warsh has effectively eliminated forward guidance”, which added to the market uncertainty. Most of the market appeared prepared for a decision of no hike in rates.…

SkyEcosystem recently announced the completion of Grove Basin’s first onchain transaction, marking a pivotal moment in the DeFi ecosystem. This transaction bridges the settlement gap for tokenized assets, allowing eligible holders to access instant stablecoin liquidity while traditional workflows finalize. Such advancements could enhance the utility and appeal of tokenized assets in decentralized finance. source What Happened The broader crypto market is currently experiencing mixed signals, with various assets displaying varying momentum. Amid this landscape, SkyEcosystem’s announcement about Grove Basin’s first onchain transaction stands out as a potential game-changer. This transaction not only proves the feasibility of instant liquidity for…

$XRP has emerged as the strongest-performing cryptocurrency among the top 100 assets by market capitalization over the past 24 hours, according to CoinGecko data. At press time, the token was trading around $1.26 after gaining 24% in 24 hours, putting it ahead of every other top-100 asset listed in the snapshot. $XRP has also climbed 31% over the past seven days, extending a move that has accelerated sharply in the latest session. The rally stands out even among a group of large-cap cryptocurrencies posting double-digit gains. Hyperliquid (HYPE) was the second-best performer on the 24-hour timeframe shown, rising 19.4%, while…

Pakistan has launched its virtual asset regulatory regime in less than six months while using just 8% of the budget allocated to build it, according to Bilal Bin Saqib, the country’s Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA). Speaking at Bitcoin Asia in Hong Kong on August 28, Saqib said approximately $200,000 was used to build and operationalize the new regulatory framework, leaving roughly 92% of the approved budget unspent. “We used only 8% of our approved budget to get this done,” Saqib announced. “Government should not measure success by how much money it…