Author: NBTC

Throughout the past seven days, the DeFi market has recorded considerable growth when it comes to TVL. Specifically, DOLO, Polymarket, and Polymarket have emerged as the top DeFi projects based on growth in total value locked (TVL). As per the data from Phoenix Group, the other notable DeFi projects of the week include Valantis, Opinion, OGN, RESOLV, BAL, THOR, RAIL, LDO, MORPHO, ONDO, FIS, CORE, and TORN. Hence, this overall growth trajectory shows the growing institutional inflows. TOP PROJECTS BY WEEKLY #TVL GROWTH$DOLO #Polymarket #Valantis #Opinion $OGN $RESOLV $BAL $THOR $RAIL $LDO $MORPHO $ONDO $FIS $CORE $TORN pic.twitter.com/X5zWbK3fAc — PHOENIX…

HashKey Holdings Limited is set to become Hong Kong’s first publicly-listed crypto exchange after filing its initial public offering on Monday, outlining the scale of its trading, custody, and tokenization businesses in the city, which has emerged as one of Asia’s most active regulated hubs for digital assets. The IPO sets out 240.57 million shares in the global offering, including 24.06 million for Hong Kong investors and 216.51 million for international buyers, with a maximum price of HK$6.95 per share, according to a prospectus. HashKey is creating “a digital asset ecosystem” that delivers products and services “tailored to meet distinct…

Key Takeaways President Trump has no immediate plans to remove Fed Chair Jerome Powell despite an ongoing DOJ investigation. The investigation is about cost overruns for a project at the Fed headquarters, which Powell claims is a pressure tactic. US President Donald Trump stated he does not plan to dismiss Fed Chair Jerome Powell after the Justice Department initiated a criminal investigation tied to a $2.5 billion Fed renovation project, Reuters reported Wednesday. Powell has accused the administration of using the probe to influence the central bank’s policy decisions and has denied any wrongdoing. Trump said it was too soon…

A recent survey reveals that Japanese investors are stepping back from the crypto market, not due to price volatility but because of complex tax requirements. Japanese financial planning platform 400F surveyed 894 participants nationwide in November about their cryptocurrency habits. Among former crypto holders, 22.2% cited difficulties with the tax system as their primary reason for leaving. This surpassed price swings, with 19.4% of ex-investors naming volatility as their main reason for exiting the crypto space. Administrative Demands Eclipse Market Fluctuations Current digital asset holders report both volatility (61.4%) and tax complexity (60%) as nearly equal challenges. In Japan, crypto…

DeFi advocacy group DeFi Education Fund has highlighted some of the proposed amendments that have been submitted by some U.S. senators regarding the proposed crypto legislation known as the CLARITY Act, warning that those amendments are anti-DeFi. DeFi Education Fund found eight amendments whose descriptions, it says, would “seriously harm DeFi technology and/or make market structure legislation worse for software developers.” It called on senators to oppose measures submitted by Senators Jack Reed, Andy Kim, Catherine Cortez Masto, and Elizabeth Warren ahead of the committee’s consideration of the CLARITY Act. The latest pushback is one of many that have been…

Some of the reported trading activity and volume of prediction market platform Polymarket may be significantly higher than actual reality due to a “data bug,” according to a researcher at Paradigm. “It turns out almost every major dashboard has been double-counting Polymarket volume not related to wash trading,” said Storm, a researcher at the venture capital firm. Storm explained that this was because “Polymarket’s onchain data contains redundant representations of each trade.” “Polymarket’s onchain data is quite complex, and this has led to widespread adoption of flawed accounting methods.” When trades occur on Polymarket, the system emits multiple “OrderFilled” events:…

Funds that track a basket of cryptocurrencies are likely to rocket in popularity next year as investors look to get easy exposure to a broader range of digital assets, according to Bitwise’s investment chief Matt Hougan. “Crypto index funds are going to be a big deal in 2026,” Hougan said in a note on Monday. “The market is getting more complex and the use cases are multiplying.” He added that while the overall crypto market is poised to grow, it isn’t possible to predict which tokens will perform, so owning a fund that tracks the market is a “great place…

The US Senate Banking Committee has cancelled its markup of a crypto market structure bill slated for Thursday, citing the need for further negotiation. Committee Chairman Tim Scott said late on Wednesday local time in Washington, DC, that the committee is postponing its markup of the crypto bill to continue bipartisan negotiations to garner support. “I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and Republican colleagues, and everyone remains at the table working in good faith,” said Scott. “This bill reflects months of serious bipartisan negotiations and real input from innovators, investors, and law…

The Bitcoin network hashrate has fallen under 1,000 exahash per second (EH/s) for the first time since mid-September, with one analyst tipping the decline to continued interest in AI. The Bitcoin hashrate is currently 993 EH/s on a seven-day moving average, after dropping below 1,000 EH/s, or 1 zetahash per second (ZH/s), on Saturday, according to Hashrate Index data. It has now fallen nearly 15% since its seven-day moving average peak of 1,157 EH/s on Oct. 19. Bitcoin’s change in hashrate on a seven-day moving average over the last 12 months. Source: Hashrate Index AI pivot is impacting Bitcoin hashrate:…

The Ethereum ecosystem underwent something of a short revival in 2025. Early in the year, as many major cryptocurrencies surged to fresh all-time highs, ether lagged behind. Some in the community pointed fingers at Ethereum Foundation’s (EF) leadership, claiming the organization hadn’t done enough to reinvigorate the network’s momentum. This feature is a part of CoinDesk’s Most Influential 2025 list. While the EF doesn’t control Ethereum’s technical roadmap, it remains a central force in supporting the developers and teams who do. So when the organization announced in February that they had tapped two new leaders to guide the EF into its…