Nonco

Nonco is not your typical Institutional Crypto Trading Firm. We pride ourselves on being nonconformist and unconventional.

[Nonco @nonco_otc]

Excited to share our funding round and thankful for the support we've received! 🚀

[CoinDesk @CoinDesk]

Digital asset brokerage firm @nonco_otc raised $10 million in seed funding led by @valorcapgroup and @hack_vc among other investors. The firm has $6 billion in volume in the Latin America region since its debut in April. by @HeleneBraunn
https://t.co/NU4iaRCPcv

[Nonco @nonco_otc]

PRICE ACTION

▪️#Bitcoin is trading around 66.2k–66.3k USD, down about 1.1–1.4% on the day and roughly 32% off its level a year ago.
BTC dominance is around 58.4%, off about 0.2 percentage points, so majors/altcoins are not dramatically outperforming.
​Spot/trading volume is modestly lower (around 271B USD, down ~1.1%), which fits with the slow, slightly risk-off tone into midday US.

▪️ #ETH is trading at $2,056.05 USD, up 5.65% (+$109.94) on the day.
​It opened at $1,946.11, with a daily low of $1,923.20 and high of $2,069.98.
​Market cap stands at $248.15 billion, with 24-hour volume around $44.39 billion (below the average of $68.52B).

Notable movers today include #REP (-82%), #UPCX (-75%), and #HARD (-73%)

NEWS

▪️Federal Reserve proposes crypto-specific margin framework for derivatives, treating assets as distinct class. Coinbase shares jumped post-Q4 earnings miss, signaling dip-buying bets on a bottom. Congress urged to pass crypto regulation bill this spring.

▪️Aptos ecosystem launches USDCBL, a protocol-native stablecoin for collateral in decentralized derivatives trading on its upcoming mainnet DEX.

​▪️Standard Chartered forecasts Bitcoin dropping to $50k and Ethereum to $1,400 short-term before rebounding to $100k and $4k by end-2026.

Read more: https://t.co/VlgmR3yjmd

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

PRICE ACTION

▪️ #Bitcoin has traded roughly between 89,300 and 91,600 USD in the past 24 hours and sits near 90,400–91,100, up around 0.4–1.5% versus yesterday but still stuck in the broader 87,000–92,000 consolidation band.​

▪️ #ETH is holding above 3,000 USD with a weekly gain of about 3%, helping to stabilize sentiment in majors even as many altcoins lag and remain sensitive to headlines.

Notable movers today include #ROUTE +50% #CLO +37%, #FXS +30%, and #MANYU +27%

NEWS

▪️Over the past week, BTC briefly dipped under 90,000 but bounced back above that line and is up about 2.5% on the week, keeping the early‑2026 “reset higher then consolidate” narrative intact.

▪️U.S. stocks hitting fresh all‑time highs and strong precious‑metal rallies (gold above 4,500 USD, silver around 79 USD) show risk appetite is alive, but crypto is lagging that intensity, with analysts emphasizing a prolonged consolidation phase for BTC between roughly 87,000 and 92,000 for now.

Read more: https://t.co/cGT8YjNvpn

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

PRICE ACTION

▪️ #Bitcoin recovered from $87,700 to $89,400 with RSI improving to 48 and significant short liquidations of $6 million indicating bears caught off-guard. The cryptocurrency remains below major moving averages with resistance at $94,389 and immediate challenges at the 30-day VWAP of $88,989.

▪️ #ETH traded within a narrow 1% range between $2974-$3000, closing at $3052 below key resistance levels but above critical support at $2687. Funding rates remained elevated at 0.47 basis points with the asset positioned below long-term averages but above short-term moving averages, suggesting potential momentum shift.

Notable movers today include #PEPE(+29.9%), #AEURO(+18.7%) and #PENGU(+17.3%)

NEWS

▪️ Hong Kong's Hang Seng surged 2.8% while South Korea's Kospi climbed 2.3% to hit fresh record highs. London's FTSE 100 crossed 10,000 points for the first time. European markets hit fresh records with the STOXX 600 advancing.

▪️ The Nifty Metal index gained for a fourth consecutive session. Nasdaq futures gained 1% with technology stocks leading advances.

Read more: https://t.co/2PFnbthuD3

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

Here are a few milestones we achieved together this year:

▪️ Launch FX-on-Chain
▪️ Over 600 Digital Assets Traded
▪️ 2 New Entities + Licensing Efforts
▪️ 200 new onboarded counterparts
▪️ 300% increase in our trading volume
▪️ 6 New strategic partnerships across the Americas, Europe, and APAC

Thank you for being part of our journey. We look forward to building even greater impact in 2026.
Wishing you and your teams a wonderful holiday season.

[Nonco @nonco_otc]

PRICE ACTION

▪️ #Bitcoin is around $87,000 down roughly 0.5% versus yesterday and about 12% off its level a year ago, reflecting a mild grind down after the Q4 peak rather than a sharp breakdown.

▪️ #Ethereum is hovering near the low‑3,000s, stuck under key resistance near 3,200 and still in a short‑term bearish channel.

Notable Moovers today include:
#OG +30% #USDUC+20% #PING +20%
​
NEWS

▪️Bitcoin holds near $89,000 amid holiday liquidity and ETF outflows
Bitcoin’s price remained around the $89,000 level as thin holiday trading, continued spot Bitcoin ETF outflows, and significant year-end options expiries collectively muted price movement and kept markets range-bound

▪️US crypto market structure legislation delayed into 2026The U.S. Senate Banking Committee postponed markup hearings on key market structure legislation until early 2026, delaying consensus on how federal regulators will oversee digital asset markets — a setback for year-end regulatory progress.

▪️Hong Kong plans to introduce new legislation in 2026 to regulate virtual asset dealers and custodians. The framework will expand beyond exchanges to cover OTC desks, brokers, and custody providers, requiring stricter licensing, capital, and AML/CFT controls.
The initiative aims to strengthen investor protection and reinforce Hong Kong’s position as a global digital asset hub.

Read more: https://t.co/VZgrTqQzt5

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

PRICE ACTION
▪️ #Bitcoin dropped from $88,000 to $84,500 before recovering, facing resistance from all major moving averages and experiencing over $60 million in long liquidations. The cryptocurrency trades below the critical 30-day VWAP at $89,452 with RSI at 36.5 indicating oversold conditions.

▪️ #Ethereum declined from $2,895 to $2,827 with significant selling pressure.
ETH trades well below key technical levels including the 20-day moving average at $3,059 and 30-day VWAP at $3,040.

Notable movers today include #LEO(+15.0%), #BCH(+8.2%), #ZEC(+7.1%), #M(-9.6%), #MNT(-6.1%), #PUMP(-3.8%).

NEWS
▪️Asian markets posted broad gains Friday, with the Shanghai Composite advancing 0.36% and Hong Kong's Hang Seng climbing 0.75% for a third consecutive session. The Bank of Japan's widely expected 25 basis point rate hike to 0.75% - the highest level since 1995 - caused Japanese bond yields to surge to 26-year peaks while the Nikkei rallied over 1%.

▪️Oil prices faced downward pressure from potential supply gluts and peace deal prospects between Russia and Ukraine, with Brent crude struggling to maintain $60 per barrel levels. Gold prices edged lower but remained on track for weekly gains, trading near record highs.

▪️Bank of America's Bull & Bear Indicator triggered a contrarian sell signal after rising to 8.5, suggesting excessive bullish sentiment among fund managers that historically precedes market corrections

Read more: https://t.co/PMAg4XKIzq

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

PRICE ACTION

▪️#Bitcoin traded in a narrow range from $93,250 to $91,260, declining 2% amid selling pressure that drove prices to session lows around $91,000. The cryptocurrency remains below key moving average resistance levels, with RSI recovering to 47 from oversold conditions and minimal liquidation activity.

▪️#ETH fell nearly 2% from $3,186 to $3,124 during a volatile session, testing support near $3,071 before recovering. RSI surged to 50 indicating potential stabilization, while the asset trades below major moving averages but holds above the 20-day at $2,991.

Notable movers today include hashtag#CC(-12.5%), hashtag#HYPE(-7.3%) and hashtag#TAO(-7.8%)

NEWS

▪️European markets extended gains for the fourth consecutive session, driven by strong German factory orders that exceeded expectations. Asian markets closed mixed with China's Shanghai Composite up 0.7% while Japan's Nikkei fell 1.05% on concerns over potential Bank of Japan rate hikes.

▪️Gold prices climbed 0.4% supported by a weaker dollar, while the dollar index remained under pressure near six-week lows. Copper hit record highs after Citi upgraded its price outlook.

▪️Markets await the release of September PCE inflation data, which could influence the Fed's final policy decision scheduled for December 9-10. Markets are pricing in an 87% probability of a 25-basis-point Fed cut next week.

Read more: https://t.co/LrozN9KnSX

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

PRICE ACTION

▪️#Bitcoin showed a modest 0.7% recovery to $91,900 but faced resistance at $93,000 while maintaining support above $91,000. The cryptocurrency remains below key moving averages with negative funding rates indicating short positioning, though liquidation activity favored short squeezes.

▪️#ETH gained 1.26% to $3,059 within a contained 3% daily range, finding support above its 20-day moving average. Despite the price recovery, funding rates turned deeply negative at -0.19 basis points, reflecting strong bearish sentiment among leveraged traders.

Notable movers today include #QNT(+11.6%), #SKY(+9.1%) and #ZEC(-7.4%)

▪️Wall Street opened higher Friday as trading resumed after a major technical outage at CME Group halted futures markets for over 11 hours due to cooling system failures at a CyrusOne data center. The Dow rose 0.12%, S&P 500 gained 0.15%, and Nasdaq climbed 0.33% in the shortened post-Thanksgiving session.

▪️Gold and silver rallied strongly on expectations of Federal Reserve rate cuts in December, with silver hitting record highs above $54.76 per ounce and gold reaching $4,192. Bitcoin stabilized above $91,000 while crypto markets consolidated following recent volatility.

Read more: https://t.co/3TrK9RXnyp

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

PRICE ACTION

▪️#Bitcoin plunged from $92,000 to $83,000, breaking through multiple moving average support levels amid intense liquidation pressure. The RSI hit oversold levels at 24.28 while the critical 200-day moving average at $110,401 remains the key battleground for determining whether Bitcoin recovers toward $90,000-$95,000 or continues declining toward $75,000.

▪️#ETH dropped 12% from $3,027 to $2,713 with accelerated selling pressure that violated the 50-day moving average and pushed RSI to oversold territory at 29.58. The cryptocurrency now faces a critical juncture at $2,700 support, where a hold could trigger recovery toward $3,000-$3,200 resistance, while a breakdown targets the 200-day moving average and potential retest of $2,175 lows.

Notable movers today include #CC(-22.7%), #TEL(-21.5%) and #INJ(-19.9%)

▪️Bitcoin crashed below $82,000 triggering nearly $2 billion in liquidations across cryptocurrency markets. MicroStrategy shares plunged 68% amid the crypto decline, while JPMorgan attributes the correction to retail investors selling $4 billion in spot Bitcoin and ETH ETFs.

▪️South Korea's Kospi fell 3.8%, Japan's Nikkei dropped 2.4%, and Hong Kong's Hang Seng declined 2.4% as AI bubble concerns resurfaced. European semiconductor stocks tumbled, with ASML falling 3.5% and chip equipment makers shedding up to 4%.

▪️Mixed US employment data showed 119,000 jobs added versus 50,000 expected, but unemployment rising to 4.4%.

Read more: https://t.co/8SUCqwzejJ

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

PRICE ACTION

▪️#Bitcoin declined from $103,000 to $95,000 with significant liquidations, primarily affecting long positions. The asset now trades below key moving averages with RSI at oversold levels of 36.5.

▪️#ETH dropped 8% from $3,500 to $3,170 with heavy short liquidations and negative funding rates. Price action broke below the 20-day moving average and approached 200-day support near $3,448.

Notable movers today include #IP (-16.8%), #JUP (-14.9%) and #ZEC (+6.4%)

▪️Markets experienced widespread volatility on Friday as investors grappled with diminished expectations for Federal Reserve rate cuts in December. The probability of a December Fed cut dropped from 72% to approximately 50% following cautious commentary from multiple Federal Reserve officials.

▪️Asian markets broadly declined, with Japan's Nikkei falling 1.8%, Hong Kong's Hang Seng dropping 1.8%, and South Korea's KOSPI plunging 3.81%. UK markets faced additional pressure as government bond yields spiked following reports that Chancellor Rachel Reeves abandoned plans to raise income tax rates.

▪️Bitcoin fell below $95,000 to six-month lows as the broader crypto market capitalization dropped over $200 billion in 24 hours. Oil prices climbed over 1.5% on supply concerns.

Read more: https://t.co/MiY3YDnImq

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

Price Action:

▪️ #Bitcoin declined from $110,000 to $107,900 before recovering to $110,310, finding support at $106,400 with the longer-term uptrend intact above the 200-day moving average. Funding rates remained stable at 0.44 basis points with controlled liquidation volumes, suggesting balanced market positioning despite short-term volatility.

▪️ #ETH experienced a sharp 4% intraday swing, falling from $3,821 to $3,686 before recovering to $3,871, with price action remaining below key moving averages. The RSI dropped to oversold levels at 41.12 while funding rates stayed neutral, indicating potential for a technical bounce despite broader resistance pressures.

▪️ Notable movers today include #AERO (+6.8%) #ZEC (+3.1%) #DEXE (+3.3%).

▪️ The Federal Reserve cut rates by 25 basis points but Chair Jerome Powell's cautious comments about December rate cuts dampened investor sentiment. Market expectations for a December cut fell to 66% from previously near-certain levels.

▪️ The US dollar index climbed near three-month highs at 99.39 following the hawkish Fed stance. The Japanese yen weakened significantly against the dollar, heading for a monthly loss exceeding 4% as the Bank of Japan maintained rates unchanged.

▪️ Amazon surged 13% on strong cloud revenue growth while Meta declined 11% despite announcing $30 billion in bond issuance for AI infrastructure.

Read more: https://t.co/lZud1c4mcW

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

Excited to engage early in Circle’s Arc Public Testnet, joining leading market makers and OTCs helping shape the next generation of onchain financial infrastructure.

At Nonco, we’re proud to contribute to the liquidity of an open, scalable network designed to power real-world economic activity onchain.

#Arc #Liquidity #Stablecoins

[Arc @arc]

Arc Public Testnet is live.

It’s Day 1 and a robust, interconnected ecosystem is already taking shape.

Over 100+ testnet participants spanning DeFi, asset issuers, capital markets firms, global fintechs, and more are exploring use cases and building on Arc.

Join us. Architect the future.

https://t.co/Uwpw4Bo7bW

[Nonco @nonco_otc]

Price Action

▪️ #Bitcoin declined 1.5% from $123,500 to $121,500 during the 24-hour period, with sharp afternoon selling pressure creating a 3% intraday range before finding support at the psychological $120,000 level. Short liquidations significantly outpaced long liquidations while funding rates remained stable, indicating bears were caught off-guard by price resilience above key support levels.
▪️ #ETH experienced volatility from $4,400 down to $4,280 before recovering to $4,332, with elevated short liquidation volumes and minimal long liquidations. Funding rates increased to 0.66 basis points reflecting growing bullish sentiment, while the asset traded below the 50-day moving average but well above the 200-day moving average.
▪️ Notable movers today include #ZEC(+24.3%), #TAO(+13.9%) and #STRK(+13.4%).

▪️ US consumer sentiment was little changed in October, edging from 55.1 to 55, as Americans remained concerned about jobs and inflation. Sentiment is still 22% lower than a year ago

▪️ Silver briefly topped $51 an ounce as a historic squeeze hit London, with one-month borrowing costs soaring to an annualized 35%.

▪️ The dollar’s rebound is challenging this year’s popular bearish bets. Despite the ongoing US government shutdown, the greenback is near a two-month high, and hedge funds are adding options wagers that its rally will extend through year-end.

Read more: https://t.co/47FODSr9lO

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

Are stablecoins the new rails of global commerce? Learn more about this in @fdomtzf 's newest @CoinDesk article.

Key takeaways:

▪️ While the stablecoin market today is led by giants like USDT and USDC, new entrants are expanding the ecosystem.

▪️ Among the many use cases, cross-border payments and remittances show the most rapid traction. In some contexts, USD stablecoins are already replacing SWIFT for smaller transfers — cutting time and cost.

▪️ The traditional friction — converting between stablecoins and local fiat — currently limits scale. FX on-chain protocols can be the solution: they allow instant swaps between USD stablecoins and local-currency stablecoins, collapsing that two-state problem.

▪️ The next frontier includes further adoption of local-currency stablecoins (e.g. MXN-stable, BRL-stable), robust regulation, and expanding the infrastructure that binds stablecoins to real-world economies.

If we accept that value should flow as freely as information in the digital age, stablecoins offer a paradigm shift. They have the potential to make cross-border commerce faster, cheaper, programmable — and accessible to markets currently underserved by traditional rails.

Learn more: https://t.co/zUHDYFIJVa

[Nonco @nonco_otc]

Price Action

▪️ #Bitcoin climbed from $119,232 to $120,268 with a peak near $121,104, showing controlled 2.13% volatility while maintaining position above key moving averages. The RSI reached 66.32 indicating strengthening momentum, with shorts facing more liquidation pressure at $529k versus $262k for longs.
▪️ #ETH advanced from $4,396 to $4,473 with an intraday high of $4,518, gaining 1.8% in a healthy 4.5% trading range. Short liquidations dominated at $5.79 million as bears were caught off-guard, while the RSI at 56.47 confirmed bullish momentum without reaching overbought levels.
▪️ Notable movers today include #CAKE (+30.5%), #ETHFI (+13.0%) and #SPX (7.43%) and #MYX (-35.25%), #ZZ (-10.22%), #XPL (-6.85%).

▪️ Bitcoin surged past $120,000 to seven-week highs while BNB reached record levels above $1,100. Total cryptocurrency market capitalization jumped $130 billion in 24 hours.

▪️ The government shutdown halted the release of the monthly jobs report and other key federal data, leaving investors and policymakers without fresh insight into the labor market.

▪️ Oil prices rose after a fire at California's Chevron refinery. Japan's Nikkei jumped 1.9% on AI sector optimism.

Read more: https://t.co/k5CcaYMbgD

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

Congrats to @Bullish for their launch in the US!

“Bullish is redefining what institutions should expect from a U.S. exchange. Their focus on liquidity, compliance, and execution quality aligns with Nonco’s own mission to deliver trusted, efficient trading solutions for our clients. As an OTC liquidity provider deeply focused on market structure, we see Bullish’s U.S. launch as a meaningful step forward for institutional adoption. We’re proud to be a launch partner and excited to help bring this new standard to market,” - @JEH_BTC, partner & Head of North America at Nonco.

We look forward to leveraging this milestone to drive even greater institutional momentum and long-term value for counterparties and partners.

[Bullish @Bullish]

1/4 The wait is over. Bullish is now available in the United States. 🇺🇸

We are proud to offer institutions a new standard in digital asset trading.

Read more 👇

[Nonco @nonco_otc]

Price Action:

▪️ #Bitcoin consolidated within a 1% range above $111,000 support before declining 5% from weekly highs to current levels around $111,579. Funding rates dropped to 18 basis points and liquidation volumes remained exceptionally low, indicating diminished bullish sentiment among futures traders.
▪️ #Ethereum declined from $4,180 to below $4,000 before recovering to $4,016, failing to maintain support above the 50-day moving average at $4,406. Funding rates turned negative at -0.28 basis points while liquidation volumes stayed subdued at approximately $61,000.
▪️ Notable movers today include #SOL (-4.8%), #XRP (-1.3%), #AVAX (-11.4%), #DOGE (-4.0%), #SUI (-5.2%).

▪️ U.S. stock futures steadied after signs of fatigue in an AI-driven rally led to two days of stock declines. Federal Reserve Chair Jerome Powell's remarks about the central bank's "challenging situation" have dampened investor sentiment and reduced expectations for aggressive monetary easing.

▪️ The cryptocurrency market faced significant selling pressure with over $1.7 billion in leveraged positions liquidated.

▪️ The Swiss National Bank kept rates unchanged at zero, marking its first pause after seven consecutive cuts.

▪️ Oil prices retreated from seven-week peaks despite earlier supply concerns.

Read more: https://t.co/71WOfpyjnU

#endofweekrecap #crypto #weeklynews

[Nonco @nonco_otc]

🚨 🇪🇺 EUR is LIVE on FX On-Chain! 🚨 🇪🇺

No extra steps needed.

Our counterparties can trade EUR FX on-chain with:

- Robust liquidity & industry-leading pricing
- Better, faster, cheaper execution
- Fast settlements, available 24/7

Reach out if you want to learn more.

Products presented do not constitute a solicitation or invitation and may not be suitable for all or available in every jurisdiction

[Nonco @nonco_otc]

Price Action:

▪️ #Bitcoin traded at elevated levels around $117,593 with low 0.79% volatility and RSI at 61 indicating strengthening momentum, while funding rates declined to 0.44 basis points suggesting reduced speculative interest.
▪️ #ETH demonstrated subdued price action trading within a 1.7% range between $4543-$4638 with significantly reduced volatility while staying above major moving averages. Long liquidations vastly outweighed shorts at $15,000 with RSI at 57.47 reflecting controlled momentum without extreme conditions.
▪️ Notable movers today include #ASTER (+19.6%), #IMX (+11%) and #NEAR (+7.3%).

▪️ US markets achieved new records following the Federal Reserve's 25 basis point rate cut, with the S&P 500, Dow, and Nasdaq reaching all-time highs. Intel surged over 22% after Nvidia announced a $5 billion investment partnership.

▪️ The Bank of Japan held rates steady but announced plans to sell ETF holdings, sparking rate increase speculation. The Bank of England maintained rates unchanged while slowing quantitative tightening, and the EU imposed new sanctions on Russian cryptocurrency usage.

▪️ Initial jobless claims fell more than anticipated, supporting the Fed's economic outlook.

Read more: https://t.co/cgc9C53qd9

#endofweekrecap #crypto #weeklynews