Author: NBTC

During this time period, the first day saw the lion’s share. Binance let go of $1.19 billion, and with Coinbase, Kraken and Bitfinex added in, the number came up to $1.57 billion. The other two days were somewhat tame: $438 million and $511 million. Source: Cryptoquant The magnitude is important to note here, with multiple exchanges. So, it wasn’t an isolated event. All this, while $1.25B came into ETFs… Clearly, the grass was green elsewhere. On 22nd September, ETFs saw inflows of $714.7 million according to SoSoValue. Then, it fell to $346.9 million on the 23rd and $190.6 million on…

FED Official Warns of Inflation: Interest Rate Hike May Be on the Agenda! As expectations of interest rate hikes strengthen and uncertainties surrounding the Fed’s interest rate policy continue to grow, Chicago Fed President Austan Goolsbee warned that tighter monetary policy may be implemented in the US if inflationary pressures become persistent. Goolsbee stated that it was still too early to raise interest rates again, but added that the Fed would need to intervene if high inflation persisted. Speaking to Yahoo Finance, Goolsbee described the September CPI data as disappointing. He specifically noted the lack of a significant improvement in…

No Premium, Just Volume The usual giveaway of a Korean retail frenzy is the “kimchi premium,” where coins trade at a markup on local won exchanges compared with global venues. There isn’t much of one here, as Upbit’s $XRP price converted to about $1.34, while $XRP changed hands near $1.336 on Binance, a gap of roughly 0.3%. As a result, the development is more of a rotation story rather than a mania one and Korean traders are moving their money into $XRP rather than bidding it up at any price. $XRP closed at $1.42 on Oct. 11 and has spent…

The stakes here are the principles behind its (often controversial) payment program and the potential cost of allowing other users to copy the (alleged) behavior. Paying creators gives people a reason to publish, but if manufactured popularity pays too, the company then risks funding the very activity it wants to remove from people’s feeds. Bitcoin can fall while the posts keep paying The basic arrangement is straightforward: X pays eligible creators for attracting an audience, with views from paying subscribers contributing to earnings. The account essentially gets paid for the attention it gets, more or less regardless of what it…

The rules will allow retail Thai investors to access locally listed crypto ETFs, while restricting overseas crypto ETF investments through domestic brokers to institutional and ultra-high-net-worth investors. Thailand’s first crypto funds will need regulatory approval and the necessary custody and distribution arrangements before trading can begin. Hong Kong offers a cautionary comparison Butterfill pointed to Hong Kong as an example of how even a major financial center can struggle to attract substantial crypto ETF inflows. Hong Kong accounts for just 0.42% of assets in global crypto exchange-traded products (ETPs) despite the city’s status as an international financial hub, he said.…

The network also recorded $49,494 in app revenue and $4.38 million in decentralized exchange volume during the same period. DefiLlama’s XRPL dashboard places 24-hour chain fees, chain revenue, and chain REV at $1,027 each. $XRP Ledger transaction fees are permanently destroyed rather than distributed to validators, separating the network’s fee structure from blockchains where fees are paid directly to network participants. XRPL Apps Generate $49,494 in Daily Revenue Activity generated through applications on the $XRP Ledger was substantially larger than the base-layer chain revenue. Protocols tracked by DefiLlama recorded $49,494 in app revenue over 24 hours, while total app fees…

YOLO is unaudited, Jupiter disclosed. A 0.1% adverse price move at 1,000x liquidates a position and consumes its collateral, according to its trading rules. Losses cannot exceed that position’s collateral, but there are no stop-loss or take-profit orders. Winners Depend on a Separate House Pool Jupiter builder Siong described the distinction between YOLO’s positions and market trading in an Oct. 15 ET post: “YOLO uses a paper trading model, where positions aren’t actually executed in the market, but the profits and losses are real.” Under Jupiter’s payout rules, traders face a single house pool shared across $SOL, $BTC and $ETH.…

Exchange netflows negative despite short-term sentiment slump The uptrend was unbroken, although a dip towards $80K-$82K could occur. The latest price dip was also due to U.S-Iran tensions. Strong demand has turned year-to-date Spot ETF flows to Bitcoin positive, according to Galaxy Research data. A weekly session close above the previous May swing high at $82,850 will confirm a bullish trend shift on higher timeframes. According to a recent AMBCrypto report, U.S Treasury intervention to control bond yields is seen as net inflationary. This could drive demand for scarce assets such as Bitcoin. The $351.6 million Bitget crypto hack has…

12% Price Increase Through Sept. 27 That gap in the data doesn’t erase the move, but it does mean the reported 12% figure lacks a fixed anchor. For a token that trades in fractions of a cent, even small pricing discrepancies can shift the picture of how strong the rally actually was. Daily Active Users Drop by 78% in Ten Days While the price was climbing, the number of people actually using the network was shrinking fast. Daily active users on Kaspa fell from 36,570 on Sept. 17 to roughly 7,910 in the most recent reading, a decline of about…

Sei highlighted the listing Friday, calling it “Another regulated way to access $SEI.” Eight-Hour Funding, Risk-Based Margin Each contract represents one $SEI, with a minimum trading unit of 100 contracts. Trading runs around the clock, subject to maintenance windows and exchange-imposed halts. Funding payments between long and short holders are designed to keep the futures price aligned with the CF Sei-Dollar Spot Rate, administered by CF Benchmarks. When the funding rate is positive, longs pay shorts; when it is negative, shorts pay longs. Funding is calculated over eight-hour intervals, with a maximum rate of 2% in either direction per interval…