Author: NBTC

Market action since 2022 backs Thielen’s take. The 10-year yield more than doubled to 3.88% that year as the Fed raised interest rates rapidly, including several 50- and 75-basis-point hikes to fight inflation. Bitcoin fell 64% that year. Fed tightening and rising yields added to the pain from crypto scams and blowups. The picture has been different since. From the end of 2023, the 10-year yield has risen 135 basis points to 5.23%, the highest since 2007. Over the same stretch, bitcoin has roughly doubled to $86,000, even after pulling back from its October record above $126,000. Thielen and others…

Two Markets, One Liquidity Source In V4, users interact with borrowing modules called spokes. Those modules send deposits to a hub and draw loans from it, while maintaining separate collateral settings and limits. Aave’s documentation describes this as a change from V3’s market-per-pool design: connected markets can use shared liquidity rather than each needing a separate deposit base. Arc launched with one Core Hub and two borrowing markets. All four launch assets are borrowable in Main; Forex is limited to $USDC and $EURC. Separate supply-only tokenization spokes turn deposits into positions that external vaults and aggregators can use, without enabling…

Cardano Governance Lucky specifically pointed to governance as one of the reasons $ADA remains on his radar. Cardano has increasingly moved toward community-led governance following the Chang hard fork. The framework gives community participants a greater role in decisions involving protocol upgrades, treasury spending, and the network’s future direction. Earlier this year, the Cardano ecosystem reached another milestone when the community approved the Van Rossem hard fork, also known as Protocol Version 11. The upgrade marked the network’s first fully community-approved protocol upgrade. Scaling Efforts Lucky also highlighted scaling as another factor behind his continued interest in Cardano. Notably, Cardano’s…

Arkham analyst Emmett Gallic explained that the transactions under review were normal address changes within Fidelity’s custody system. According to Gallic, both the sender’s and receiver’s addresses are associated with Fidelity’s custody infrastructure. Therefore, the Bitcoins do not appear to have left Strategy’s control. In institutional custody services, clients’ Bitcoins can be redistributed among different addresses. Adjustments to cold and hot wallet balances, updates to security policies, address merging operations, or operational liquidity management can all cause such transfers. Fidelity reportedly treats the Bitcoins it receives from customers as interchangeable assets in operational terms and redistributes them among its own…

Market Pulse Currently, Ethereum is witnessing a surge in on-chain activity, with notable increases in transaction volumes and user engagement. Although specific price data is not available, the overall sentiment remains bullish as traders capitalize on favorable yield opportunities. The recent developments indicate that Ethereum’s DeFi landscape continues to thrive, positioning it favorably against competitors. Ethereum is a decentralized platform that facilitates smart contracts and applications. The increasing yields on Curve Finance’s platform suggest a rising interest and trust in Ethereum-based financial products, particularly in the context of stablecoin lending. Curve Finance plays a crucial role in the DeFi ecosystem,…

Two weeks ago, AMBCrypto reported that Abraxas Capital had built $783 million worth of short positions on Hyperliquid and bought $173 million on the spot to hedge the risk. Since then, this position has reduced significantly. But still, liquidation risk for short positions remains extremely elevated. In fact, $7.3 million worth of short positions were liquidated over the past 24 hours. Since Abraxas Capital understands the risk associated with such elevated leverage, it has turned to hedging on the spot. Source: Arkham According to Lookonchain, Abraxas Capital bought another 13,000 $ETH worth $32.39 million. The purchase aimed to hedge its…

Shinhan Financial Group (55550), one of South Korea’s five largest financial conglomerates, plans to build stablecoin infrastructure and develop AI-powered payment models alongside Visa, South Korean news outlet FNNews reported. Seoul-based Shinhan intends to use Visa’s stablecoin platform to verify core functions, including issuance, remittance and redemption, while jointly designing a Korea-specific business model. The deal marks the first time a South Korean top-tier financial group formally adopts Visa’s enterprise stablecoin infrastructure, launched in July, to test a full domestic settlement stack. The agreement gives Visa a head start over Mastercard in bank-native stablecoin settlement infrastructure in South Korea. Mastercard’s…

Zcash’s Standout Feature: Financial Privacy! According to Grayscale Research Head Zach Pandl, one of Zcash’s most important differentiators is its technology focused on financial privacy. Pandl notes that in an environment where digital transactions can be analyzed more frequently, the demand for financial privacy may increase over time. Pandl had previously highlighted the differences in privacy approaches between Bitcoin and Zcash in his assessments. He recalled that he had stated in those assessments that Bitcoin lacked a privacy layer and that Zcash offered a different design approach in this area. Similar Situations Have Been Seen in the Past! Pandl also…

Still, infrastructure decisions like this matter because cross-chain security is one of crypto’s most sensitive areas. TL;DR Nethermind has ceased its LayerZero DVN role. The firm is moving cross-chain node operations to Chainlink CCIP. The move reflects one provider’s infrastructure choice, not a full market-wide replacement of LayerZero. Why Nethermind’s Move Matters Nethermind is not a random validator. It is a well-known Ethereum engineering firm with experience across client development, infrastructure, research, and protocol operations. When a firm like that changes its cross-chain infrastructure alignment, the market pays attention. Cross-chain systems depend heavily on trust assumptions. Users and developers need…

Bitcoin is up about 7% in September after gaining 25% in August. Since 2013, every previous positive August has been followed by a negative September. With two calendar days remaining, a positive close would break that pattern and give bitcoin three consecutive monthly gains, from July through September. It would also leave the third quarter up more than 40%, its first positive quarter since Q3 2025. The fourth quarter has historically been bitcoin’s strongest, with CoinGlass data putting its average gain at roughly 77%. Bitcoin is trading at $84,000, but the macro backdrop is volatile. Bond yields are rising globally,…