Author: NBTC
Drift, one of the largest perpetuals trading platforms on Solana, has launched Drift v3, a major upgrade meant to make onchain trading feel as fast and smooth as using a centralized exchange. The new version will deliver 10-times faster trade execution on the platform thanks to a rebuilt backend, marking the largest performance jump the project has made so far. With v3, the Drift team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larger trades down to around 0.02%. The upgrade is intended to make…
On November 27, 2025, Bitcoin surged upwards by 4.3 percent to a high of $95,962. There was a rush of traders to associate the action with increasing odds that Kevin Hassett, a long time Trump economic advisor is now the leading candidate to be the next selected to head the Federal Reserve. The spike comes at the most time when investors are becoming more responsive to changes in monetary policy expectations, particularly with the Fed traversing inflation, growth issues and pressure on politics. The crypto market reacted virtually instantly. The Bitcoin that tends to surge on any news of the…
Mike Novogratz’s Galaxy Digital will take over the technical development of Liquid Collective after acquiring Alluvial Finance, the software firm that previously built and maintained the platform, according to a press release shared with The Defiant. Liquid Collective is a liquid staking platform for institutions that want to stake Ethereum (ETH) or Solana (SOL) while keeping those assets usable for trading. “Galaxy has always built the infrastructure institutions need to operate confidently onchain — from trading and custody to lending and staking. Becoming Liquid Collective’s Development Company is a natural extension of that mission,” said Michael Novogratz, founder and CEO…
Ethereum’s largest holders have re-emerged as crypto prices mount a recovery following more than $600 million in long liquidations on Monday. On-chain data show that one large holder purchased 18,345 ETH, worth roughly $55 million, from BitGo on Tuesday, according to analytics platform Arkham Intelligence. Another purchased 4,597 ETH worth roughly $13 million from Binance early on Wednesday, while yet another large holder purchased 30,278 ETH worth $91.16 million from Kraken, roughly three hours ago. Those moves have coincided with a rebound from early December losses, which have lifted Bitcoin, Solana, and other digital assets higher. Ethereum is up…
Singapore-based trading firm QCP has boosted headcount by 50% to 157, opened offices in five cities, and secured key licenses in Singapore and Abu Dhabi to scale regulated 24/7 institutional crypto trading. QCP has grown its workforce by 50% year-over-year to 157 employees and expanded its Singapore HQ at Prudential Tower. The firm opened new offices in New York, Abu Dhabi, Kuala Lumpur, Ho Chi Minh City, and broadened coverage in London. QCP secured a Major Payment Institution license from MAS and a Financial Services Permission from ADGM, enabling regulated spot, derivatives, and structured products for institutional clients like Nasdaq…
SpookySwap is leveling up trading on Sonic. The DEX has now integrated dSLTP, the decentralized stop-loss and take-profit protocol powered by Orbs Layer 3, making it one of the first platforms on Sonic to offer automated, on-chain risk management tools with zero centralized infrastructure. —Automated Risk Controls — Now Native to a DEXWith dSLTP, traders can set automated stop-loss and take-profit conditions directly on SpookySwap, allowing execution to happen trustlessly on-chain — no bots, no servers, no off-chain keepers.Built on Orbs’ decentralized Layer 3 architecture, the system is:permissionlesstrustlesscomposable for any DEXThis enables exchanges to offer CeFi-grade execution tools while remaining…
Ethereum price today trades near $3,070 after breaking above a descending trendline that has contained every rebound since late October. The move gives buyers a short term advantage inside a large symmetrical triangle structure, but overhead resistance from the EMA cluster and Supertrend ceiling continues to limit momentum. Trendline Break Gives Bulls First Technical Win In Weeks ETH Price Action (Source: TradingView) The daily chart shows Ethereum pressing against a confluence of resistance levels. Price has reclaimed the $3,000 psychological threshold and is testing the underside of a trendline that intersects with the 20 and 50 day EMAs near $3,363…
Strategy’s Bitcoin-treasury edge is eroding as JPMorgan and Morgan Stanley roll out leveraged Bitcoin products, tightening margins and pressuring MSTR’s downtrending stock. Summary JPMorgan and Morgan Stanley launched leveraged Bitcoin-linked structured products tied to ETFs, giving institutions upside with downside buffers. Strategy’s stock has trended lower since mid-October after higher margin requirements, short trades, and scrutiny of peers like Metaplanet. The entry of major banks into Bitcoin products challenges Strategy’s role as the primary corporate Bitcoin proxy for institutional investors. Strategy Inc. is confronting increased competition as JPMorgan Chase and Morgan Stanley introduce Bitcoin-linked investment products, according to market analysts…
Bitcoin mining profitability plunged to record lows in late 2025 as the hash rate dropped below $35 per petahash per second, while production costs rose to $44.8 per petahash. This forced miners into payback periods over 1,200 days and drove a major industry shift, with 70% of top mining companies now earning revenue from artificial intelligence infrastructure. November 2025 marked a turning point for the global Bitcoin mining industry. A confluence of collapsing margins, regulatory pressure, and strategic pivots reshaped the sector’s landscape. Here are the five key trends that defined the month. Profitability Hits Historic Lows Network hashrate surged…
Meta CEO Mark Zuckerberg is preparing to implement a comprehensive budget cut for the company’s metaverse projects. According to sources, Meta is planning cuts of up to 30% of its metaverse investments, with layoffs expected to begin in January 2026 at the earliest. Meta Plans Major Cut to Metaverse Budget: Targets Shrinkage of Up to 30% The planned cuts will reportedly affect the Horizon Worlds virtual universe, the Quest VR headset, and the related hardware ecosystem. Meta’s primary reason for downsizing in these areas is to direct resources toward projects it sees as having faster growth potential, including AI-powered glasses,…