Author: NBTC

$SOL trading shows significant strength in its on-chain component. Some of the available liquidity translated into better prices for $SOL. $SOL is significantly represented on decentralized exchanges. Its native Solana trades offer some of the best market prices, an improvement on centralized price discovery. Native Solana trading competes with the biggest exchanges, like Binance and OKX, for offering the best price. The arbitrage is unstable, as DEX trading often switches positions with centralized markets. Prop AMM boost Solana volumes Despite this, native decentralized $SOL trading has sufficient market depth and often surpasses the prices quoted on centralized exchanges. The main…

Ethereum price found support near $1,922 and recovered some losses. $ETH is now consolidating and faces key hurdles near $2,000. Ethereum is attempting a fresh recovery wave above $1,960. The price is trading below $1,985 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,000 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Revisits Support Ethereum price failed to stay above $2,000 and started a fresh decline, like Bitcoin. $ETH price traded below the $1,960…

When stablecoin issuer Tether announced a “strategic investment” in Ledn, a lender of stablecoins and fiat against bitcoin $BTC$90,230.46 collateral, in November, it chose to withhold details of the investment. In fact, it paid between $40 million and $50 million at a valuation of $500 million, according to a person with knowledge of the matter. Neither Ledn nor Tether responded to requests for comment by publication time. Tether, whose USDT is the No. 1 dollar-pegged token by market capitalization, has become increasingly acquisitive under CEO Paolo Ardoino, who took over in 2023. The company earns returns on the U.S. Treasuries…

Thai SEC adds $BTC and other digital assets plus carbon credits as eligible underlying assets for regulated derivatives, with TFEX to design crypto-linked contracts to attract institutional traders and support ETF-like products. Summary Thai SEC now recognizes $BTC and other crypto as underlying assets for futures and options on regulated exchanges.​ Licensed digital asset operators will be allowed to offer derivatives contracts referencing cryptocurrencies under updated licenses.​ TFEX and clearinghouses will revise frameworks and contract specs to support crypto-based derivatives and broader digital finance goals. Thailand’s Securities and Exchange Commission has expanded the country’s regulated derivatives framework to include digital…

Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have seen a remarkable increase in trading volume over the past 24 hours. The concentration of trading volume in some altcoins, particularly those trading against the Korean Won (KRW), indicates a strengthening of short-term speculative activity in the markets. The data shows a significant influx of liquidity into both major cryptocurrencies and altcoins with relatively lower market capitalization. Here are the altcoins with the highest trading volume on South Korean cryptocurrency exchanges in the last 24 hours: $XRP – $152.8 million Enso (ENSO) – $140.0 million Adventure Gold (AGLD) – $96.3…

Shares of Hut 8 tumbled in pre-market trading following the release of its fourth quarter 2025 earnings, as the digital infrastructure firm and its subsidiary, American Bitcoin, reported a $301.8mn net loss driven almost entirely by unrealized losses on its digital asset holdings. The company posted Q4 revenue of $88.5mn, missing Wall Street estimates of approximately $95.6mn. The bottom line was heavily impacted by market volatility, with the firm absorbing $401.9mn in paper losses on its crypto reserves. This resulted in an absolute net loss of $301.8mn for the period. Immediately following the release, Hut 8 shares plunged to a…

Decentralized crypto exchange World Markets (WM) launched today, Feb. 17, becoming one of the first decentralized applications (dApps) on the MegaETH network. WM bundles spot, perps and lending under one on-chain account. In commentary to The Defiant, World Markets co-founder Kevin Coons framed the launch as an effort to fix broken incentives, arguing that traders often get punished even when their positions are properly hedged. Coons explained: “On other platforms, a profitable hedged position can still get liquidated on a price swing. Even worse, winners are often forcibly closed out to cover losses from reckless traders. That’s not risk management;…

Key Takeaways Cloudforce, a Maryland-based AI company, raised $10 million in Series A funding led by Owl Ventures. The funding round saw participation from Microsoft’s venture fund, M12, granting Cloudforce access to Microsoft’s enterprise resources. Cloudforce, an AI firm that specializes in the Microsoft cloud ecosystem, has secured $10 million in a Series A funding round led by Owl Ventures, with participation from M12, Microsoft’s Venture Fund. Owl Ventures’ Lyman Missimer said Cloudforce stands out for its ability to reengineer AI infrastructure for higher education in a way that balances enterprise-grade security with a strong user experience. “The numbers speak…

A recent poll of 1,000 American investors in digital assets found that over half are scared they’ll face an IRS tax penalty this year as new transparency rules governing crypto exchanges take effect. The data collected at the end of January by crypto tax platform Awaken Tax canvassed U.S. holders’ concerns about a radical shift from self-disclosure to automatic reporting of transactions. This has been enacted through the introduction of the “Digital Asset Proceeds From Broker Transactions,” or Form 1099-DA, which tens of millions of Americans will be made aware of over the next month or so. The new rules…

Bitcoin’s BTC$65,791.51 price losses on Monday wiped out a massive leveraged bullish bet. The trade worth $61.5 million was forcibly closed by cryptocurrency exchange HTX, marking the largest single liquidation in the past 24 hours, according to data source Coinglass. The so-called liquidation happened as bitcoin slid from Saturday’s $68,600 high back to $64,400, erasing the weekend’s gains in a matter of hours. CoinDesk reached out to HTX for comment. The outsized hit — large enough to suggest a concentrated whale or fund position rather than a retail margin call — landed amid a broader wipeout that saw $467.64 million…