Author: NBTC

The growing popularity of stablecoins has seen the market cap hit a new high with USDT continuing to dominate the stablecoin market. New Market Cap High for Stablecoins The overall market capitalization of stablecoins across all networks hit $212.99 billion, setting a new record. This is according to data from Defillama, a decentralized finance total value locked (TVL) aggregator. The market cap of stablecoins grew by 3.02% over the past seven days to hit this historic milestone. Tether‘s USDT with a market cap of $138.83 billion continued its stablecoin market dominance with a 65.18% market share. Its closest competitor, Circle’s…

The Sui Foundation has announced a groundbreaking partnership with Franklin Templeton Digital Assets (FTDA), which is a global leader in asset management. The Sui Foundation is the organization that is boosting acceptance of Layer 1 blockchain and smart contract platform. 🚨 BREAKING🚨 We’re excited to partner with @FTDA_US!Franklin Templeton Digital Assets has previously invested in the Sui ecosystem, and this new partnership will provide further benefit by seeking value creation opportunities to allow Sui builders to deploy novel technology… — Sui (@SuiNetwork) November 22, 2024 The collaboration aims to foster the growth of the Sui ecosystem. The ecosystem is strengthened…

Lido founder Konstantin Lomashuk created a “Second Foundation” for Ethereum as the blockchain is going through leadership debacles. The only material from this account remains vague, but a closer look at Lomashuk’s social media provides insight. In all likelihood, this Second Foundation will help promote decentralized ideals against the “bag-chasing” culture of modern crypto. Lomashuk’s Goals For Second Foundation Konstantin Lomashuk, founder of Lido and P2P.org, announced today on social media that he had created a “Second Foundation” for Ethereum. This came after the Ethereum Foundation (EF) started undergoing a significant leadership transformation. Earlier today, veteran developer Eric Conner resigned…

Polymarket continued to rebuild its bets, reaching a total of $10B in cumulative prediction positions. The platform remains among the top 5 Polygon apps, driving USDC usage after expanding into small-scale bets with a larger number of active wallets. Polymarket reached a milestone of $10B in total prediction positions, after recovering from the November 7 lows. The app faces bans and restrictions on one side, and a growing user base with predictions on current events. This has allowed Polymarket to thrive and tap both whale bets and small-scale users. All the predictions were posted directly on Polygon as token trades,…

Guardarian, a trusted name in the crypto ecosystem, now supports direct $USD to $XEC on-ramps. This advancement in the field of crypto simplifies the process of acquiring eCash ($XEC). The development makes it easier to join the world’s largest and growing platform of digital assets. 🚀 @guardarian_com now supports direct USD to $XEC on-ramps!💳 5+ payment options:⦿ Google Pay/Apple Pay⦿ Mastercard/Visacard⦿ FasterPayments⦿ SWIFT⦿ SEPA🌍 Global coverage, including most U.S. states 🇺🇸👉 Try it now: https://t.co/Otuhhbkp1H pic.twitter.com/AAFitphYTY — eCash (@eCashOfficial) November 23, 2024 The update aims to attract users and a wide range of payment methods around the globe. The users,…

Institutional players on the cryptocurrency market are busy as the price of Bitcoin (BTC) soars in an attempt to hit $103,000. Notably, leading asset manager BlackRock has registered massive interest, with over half a billion raked in by its ETF product, per daily inflows. Record inflows for BlackRock Bitcoin ETF Farside Investors data reveal that BlackRock led the exchange-traded funds (ETFs) market with $527.9 million. This is the second-largest inflow for BlackRock in 2025 after it recorded $596.1 million on January 7. The asset manager, whose ETF started the year on shaky ground with an outflow of $332.6 million on…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The Ethereum Foundation is going through a bit of civil unrest, but work on the world computer continues. Ethereum researcher Justin Drake published on the ethresearch forums yesterday a compilation article on a new rollup design known as “native rollups.” If you’re non-technical like I am, keeping up with Ethereum’s ever-changing landscape of rollup designs is tedious — let alone keeping up with its entire infrastructural stack. But the simplest way to think about native rollups is that it relies on Ethereum L1 validators for proving, i.e.,…

Jamie Dimon, the CEO of JPMorgan Chase, publicly backed Elon Musk’s leadership of the newly created Department of Government Efficiency (D.O.G.E) today. Speaking to CNBC on January 22, Jamie called Elon “our Einstein” and said the billionaire entrepreneur is the right person to tackle inefficiency in the federal government. Jamie added that he and JPMorgan are ready to support Elon’s efforts in any way they can. Jamie’s comments come after President Donald Trump signed an executive order creating the D.O.G.E department. According to Elon, the initiative will modernize outdated federal IT systems and overhaul the way Washington operates. Jamie described…

A cryptocurrency whale has drawn attention by executing significant transactions involving $MOODENG and $AVA tokens. These high-value trades demonstrate a calculated approach to profiting from market dynamics. A whale with 22.31M $MOODENG($9.13M) spent 6,365 $SOL($1.38M) to buy 23.13M $AVA.This whale spent 34,979 $SOL($5.1M) to buy 22.31M $MOODENG from Sept 23 to Oct 9, with an unrealized profit of over $4M(peaking at $9.4M)!Address:https://t.co/rplZzi1BHphttps://t.co/h2VZK4AmzQ pic.twitter.com/6aX5XEmlI2 — Lookonchain (@lookonchain) November 22, 2024 According to Lookonchain, The whale, holding 22.31 million $MOODENG tokens valued at $9.13 million, recently used 6,365 $SOL (worth $1.38 million) to purchase 23.13 million $AVA tokens. This move showcases the…

Sentiment towards Ethereum’s ether (ETH) has sunk to depressed levels in recent times, but the latest maneuver of President Donald Trump-related crypto platform could spur hope for a reversal. World Liberty Financial (WLFI), the decentralized finance (DeFi) platform linked to the Trump family, this week deposited a total of 10,000 ether (ETH) worth $33 million to liquid staking platform Lido Finance (LDO) to stake and earn rewards, blockchain data by Arkham Intelligence showed. Lido is the largest ether staking platform with $31 billion of assets posted on the platform. Donald Trump is starting to stake his ETHLet me say that…