Author: NBTC

Strategy (MSTR) has pushed back against MSCI’s proposed methodology for identifying “non-operating companies,” which could result in the largest bitcoin treasury company being removed from the index provider’s global equity indexes. Strategy said on X, “Digital assets are assets. Index providers should measure markets, not decide which assets companies are allowed to own,” Strategy said. “MSCI’s proposal puts it out of step with regulators, markets, and its own customers. Bitcoin doesn’t need MSCI. Neither does Strategy.” The latest consultation replaces an earlier proposal focused specifically on companies with significant digital asset holdings. Applying the new financial-ratio screen using May 2026…

There’s been an uptick in users and institutions that are engaging with $XDC Network [$XDC]. That, coupled with general market conditions, has given $XDC price a good boost. $XDC network monthly transactions at an $ATH Activity on $XDC Network has reached a new peak. Monthly transaction count has climbed to an all-time high of 27.7 million. That’s a mammoth 50% increase over the past six months! Source: Token Terminal Monthly transactions were at 5 million around early 2020, and grew through 2021 and 2022. Activity picked up further after 2024, with frequent shows above 20 million. Institutional names are lining…

Iceland Says No To EU Talks, Maintains Own Crypto Framework In a referendum held on August 30, Iceland, traditionally known as a bitcoin mining hub, rejected a proposal that would have paved the way for talks seeking to become a member state of the European Union. According to numbers reported by RÚV, the country’s official broadcaster, the No option garnered support from 52.8% of the voters (105,339 votes) in a close call that evidenced the divide between urban areas, which supported resuming integration talks, and rural communities, which rejected these moves. A Yes option victory would have implied a new…

Pyth Network has announced its integration with Fenics market data, which enhances the accessibility of institutional OTC pricing. This initiative aims to facilitate better price discovery for fixed-income trading, an area that often operates off-exchange. The integration is crucial as it could reshape trading strategies and market participation in the OTC space. More details can be found in the original tweet here. The Latest The broader crypto market is currently displaying mixed signals, with various assets experiencing fluctuating momentum. Pyth Network’s latest integration with Fenics is timely, considering the increasing demand for reliable market data in OTC trading environments. As…

The hawkishness wasn’t subtle. The Federal Open Market Committee held rates at 3.5%-3.75%, but three policymakers – Cleveland Fed president Beth Hammack, Minneapolis Fed president Neel Kashkari, and Dallas Fed president Lorie Logan – dissented in favor of a hike, pushing the decision through on a 9-3 vote. Warsh then opened his press conference saying “there is no soft inflation target,” reiterating that any inflation print above 2% is unacceptable to him. “This is the Fed telling markets it will not tolerate inflation above target even at the cost of a growth scare,” Grachev said. “For digital assets, that’s the…

Firelight is also considering a broader universe of liquid assets that do not already generate substantial yield, CEO Anthony DeMartino told CoinDesk in an interview. “There’s a bunch of different assets that we’re considering,” DeMartino said. “Anything … that’s a solid asset, that has good liquidity to it, that doesn’t provide its own natural yield, will eventually be eligible to be posted as collateral.” Fintech money onchain Firelight is betting that the bigger opportunity lies beyond crypto-native traders as fintechs, neobanks and payments companies increasingly plug onchain yield products into their apps. The possibility of losing customer capital to an…

Shade Protocol says only SHD burned before 18:00 UTC on Aug. 21 will qualify for a future Feather allocation, leaving holders hours to choose whether to permanently destroy their tokens for undisclosed terms. The deadline comes amid Shade’s wind-down of its Secret Network applications. Holders enter through Shade’s burn form, submit SHD, and record an Ethereum-compatible address. The transaction permanently destroys the SHD and cannot be reversed. Feather’s allocation ratio, amount, price, and distribution date remain undisclosed, and Shade’s original explanation says the process does not guarantee a specific amount, price, or timeline. Missing the deadline costs Feather eligibility; meeting…

India’s crypto market has reportedly seen a massive $19 billion in potentially taxable activity in 2025. With huge trading, incomes, and payments, India has become one of the largest crypto markets. Now, the question is whether the $19 billion figure represents India’s tax bill. Actually, it doesn’t necessarily mean that Indian crypto users owe $19 billion in taxes. Instead, it just refers to the estimated value of crypto activity that could potentially have tax implications. Is India’s $19B Crypto Activity Taxable? According to a Chainalysis report, about $457 billion in potentially taxable crypto activity was recorded globally last year. The…

Binance’s Secure Asset Fund for Users (SAFU), the exchange’s emergency protection reserve, is currently sitting on a 21.5% gain on its Bitcoin holdings, according to on-chain analyst ai_9684 xtpa. The fund acquired 15,000 $BTC in February, deploying $1 billion at an implied average price of approximately $66,666 per coin. With Bitcoin now trading around $81,000, the unrealized profit stands at roughly $215 million. Background: What Is the SAFU Fund? The SAFU fund was established by Binance in 2018 as a user protection mechanism, designed to cover potential losses in extreme scenarios, such as security breaches or operational failures. The fund…

A senior executive at Strive Asset Management, a firm co-founded by political commentator Vivek Ramaswamy, has made a strikingly bullish long-term prediction for Bitcoin. According to a report, a Vice President of the company’s Bitcoin strategy sees the leading cryptocurrency reaching $11 million per coin by the year 2036. The forecast, which has circulated in financial media, represents a potential return of over 10,000% from current trading levels. Context and Basis of the Forecast While the specific reasoning behind the $11 million price target has not been fully detailed in public statements, such projections are often based on models of…