Author: NBTC

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework. On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments and transfers. The resolution states that payments or receipts between an eFX provider and its foreign counterparty must be carried out exclusively through a foreign exchange transaction or movement in a non-resident Brazilian real account, with the use of virtual assets prohibited. The restriction also applies…

Coinbase has announced the listing of perpetual futures contracts for three major semiconductor stocks: Intel (INTC), Micron (MU), and SanDisk (SNDK). Trading begins today, April 29, subject to liquidity conditions. This move bridges traditional equity markets with cryptocurrency derivatives, offering traders a new way to speculate on chipmaker performance. Coinbase Perpetual Futures: What This Means for Traders Perpetual futures are a type of derivative contract with no expiration date. Traders can hold positions indefinitely, paying or receiving funding fees based on market conditions. Coinbase adds these contracts for Intel, Micron, and SanDisk stocks. This allows users to trade price movements…

Rayls, a renowned blockchain network for banking entities, has partnered with Enzyme Finance, a popular decentralized infrastructure platform. The partnership attempts to accelerate institutional-scale yield distribution. As per Rayls’ official social media announcement, the development addresses the wider infrastructure required for the on-chain onboarding of institutional assets. So, this move denotes the significance of developing a thorough operating stack dealing with institutional assets. Institutional yield distribution needs more than vault standards alone.@enzymefinance is joining Rayls as a launch partner, adding fund infrastructure to the ecosystem across issuance, structuring, administration, NAV accounting, subscription management, and institutional fee… pic.twitter.com/HiXqS1RRNm — Rayls (@RaylsLabs)…

Bitcoin dramatic boom-and-bust cycles may be becoming a thing of the past as the asset matures, according to Ark Invest founder Cathie Wood. In an interview with CNBC, Wood said Bitcoin has evolved beyond its early experimental phase into a more reliable financial system, increasingly supported by institutional investors. This shift, she argues, is already reshaping how the market behaves. Key Points Cathie Wood says Bitcoin’s extreme historical volatility is easing as the market matures. A 50% price drop, once dramatic, is now relatively manageable in the crypto community. Despite near-term weakness, Ark Invest projects Bitcoin could reach $761,900 by…

The $292 million exploit of Kelp DAO and the subsequent fallout across crypto lending markets hit decentralized finance (DeFi) at a pivotal moment. Just as Wall Street firms pushed deeper into onchain markets, the incident has exposed how fragile parts of the system remain and how much work is left before institutions can scale their exposure. In the weeks leading up to the hack, private credit giant Apollo Global Management (APO), which oversees $900 billion, inked a strategic partnership with Morpho to support lending markets with an option to acquire governance tokens of the protocol, too. Around the same time,…

American banking giant Goldman Sachs’ trading desk has stated that hedge fund positioning in U.S. equities could set the stage for a sharp stock market rally if positive catalysts emerge. In this case, data from the bank’s prime brokerage unit shows speculative investors have largely maintained bullish positions in individual stocks. At the same time, they have increased hedges through bearish bets on exchange-traded funds and index futures. As a result, short exposure in these macro products has climbed to its highest level since September 2022. The positioning reflects heightened market uncertainty driven by the Iran war, credit concerns, and…

Cardano founder Charles Hoskinson has again taken direct aim at Ripple CEO Brad Garlinghouse over the proposed CLARITY Act. In a recent interview, Hoskinson suggested that some industry leaders may be backing the bill not for the broader ecosystem, but for their own competitive advantage. Key Points Charles Hoskinson says Ripple CEO supports CLARITY Act for strategic gain, not crypto industry benefit. Hoskinson warns the CLARITY Act could classify ETH, $XRP, $ADA as securities if they launched today. He says past legal ambiguity helped crypto grow, which strict rules could have prevented. He warns that the new law may favor…

In a significant on-chain movement, Tron founder Justin Sun has executed a large $USDT transfer worth $93.4 million. Approximately 30 minutes ago, Sun withdrew 93.41 million $USDT from the Spark ($SPK) $USDT deposit pool and subsequently deposited the entire amount into the $HTX exchange. This transaction has drawn immediate attention from the crypto community due to its size and the entities involved. Transaction Details: Justin Sun $USDT Transfer Sparks Market Interest According to on-chain analyst ai_9684xtpa, the withdrawal represents a substantial 9.89% of the total value locked (TVL) in the Spark $USDT deposit pool. This large-scale movement of stablecoins from…

BlackRock-backed Securitize and Computershare are bringing parts of the $70 trillion U.S. stock market onchain via tokenized equities, in a move that pushes traditional Wall Street infrastructure closer to blockchain rails. The agreement allows listed firms to add tokenized equity — called Issuer-Sponsored Tokens (ISTs) — alongside existing shares, giving investors the option to hold stock through traditional systems or in a digital wallet. The effort is part of a broader push to make tokenized shares work within current market rules while offering new ways to hold and move assets, from wallet-based ownership to faster settlement. Transfer agents like Computershare…

Coinglass’ Bitcoin liquidation map shows a $1.143b long wall below $65k and a $754m short pocket above $68k, turning a small move into a potential $1.9b forced‑flow event. Derivatives analytics from Coinglass show Bitcoin ($BTC) perched between two dense liquidation clusters where nearly $1.9 billion in leveraged positions could be forced out in either direction. According to the platform’s latest liquidation heatmap, if $BTC slides below $65,000, cumulative long liquidation intensity across mainstream centralized exchanges spikes to about $1.143 billion — signalling that a break of that level could unleash a powerful wave of forced selling. This cluster reflects where…