Author: NBTC

On-chain tracker Lookonchain reveals that a newly-created wallet, 0x89BC, deposited an amount of $4 million USDC to Hyperliquid in the last 4 days. The wallet subsequently put the money into a high leverage pair trade and that is an indication that it has high confidence that Bitcoin will perform better than Ethereum. Disaggregated Current Leveraged Positions The wallet entered into two broad perpetual futures contracts with leverage 10. The trader took a 10x long position on 218.6 BTC with the notional value of the position being about $19.15 million at the average entry price of around $87,700. Meanwhile, the trader…

October closed roughly 4% down for Bitcoin, yet venture funding hit $5.1 billion in the same month, the second-strongest month since 2022. According to CryptoRank data, three mega-deals account for most of it, as October defied its own seasonal mythology. Bitcoin fell 3.7% during a month traders have nicknamed “Uptober” for its historical winning streak, breaking a pattern that had held since 2019. Yet venture capitalists deployed $5.1 billion into crypto startups during the same 31 days, marking the second-strongest monthly total since 2022 and the best VC performance of 2025 aside from March. The divergence between spot market weakness…

As Russia continues its efforts to regulate Bitcoin (BTC) and cryptocurrencies, another move has been made. Accordingly, the Central Bank of Russia has published a conceptual framework for regulating cryptocurrencies and submitted proposed legal amendments to the government. In this proposal, the Central Bank of Russia updated regulations on digital assets, differentiating between qualified and individual investors. The new framework imposes restrictions on individual investors while granting qualified investors a wider scope for investment. According to the proposed rules, both individual and qualified investors will be allowed to participate, with an annual upper limit of 300,000 rubles for individual investors,…

The Trump family’s crypto push is not being powered by Wall Street giants, but rather, two small financial institutions most people have never heard of. One sits inside Trump Tower in Manhattan, while the other operates out of a small New Jersey office between a junkyard and a funeral home. These firms are Dominari Holdings and Yorkville Advisors, and both have moved from quiet obscurity into the middle of a flood of crypto deals linked to the Trump sons this year. Eric Trump said the family is working with these companies because of speed and trust. He said, “Some of…

As 2025 winds down, stablecoins like USDC are being used for more than just trading. They are increasingly part of payments, business transfers, and routine movement of funds, not only activity tied to market cycles. As more money moves more often, the way those transfers settle has started to matter far more than it used to. That change has put pressure on existing blockchain networks. Activity picked up over the second half of the year, and during busy periods this showed up through higher fees, slower confirmations, and less predictable transfer costs. On Ethereum, for example, sending USDC late in…

Bitcoin’s mining sector spent 2025 rewriting the record books, powering the network from an already massive 801 exahashes per second at the start of the year into the historic zettahash era by September. Bitcoin’s Miners Powered Through Thin Fees This Year but Still Broke Into the Zettahash Era Bitcoin’s 2025 mining story begins with a number so large it barely fits in the mind: roughly 801 exahash per second (EH/s) on Jan. 1. That figure alone reflects a network humming at a scale unmatched in the digital world, performing 801 quintillion SHA256 computations every second. It was an early marker…

Four out of six large language models (LLMs) pitted against each other in the “Alpha Arena” crypto trading competition finished in the red, with OpenAI’s ChatGPT leading losses after losing 63% of its funds. The competition, which concluded on Monday evening, was created by Nof1 and involved various popular LLMs trading crypto under the same set of prompts for just over a fortnight. However, the final results were less than stellar. ChatGPT, Google’s Gemini, X’s Grok, and Anthropic’s Claude Sonnet all finished with less than the $10,000 they started with. Grok, ChatGPT, and Gemini were keen to short more than…

Cryptocurrency derivatives trading volume surged to almost $85.7 trillion in 2025, averaging about $264.5 billion a day, according to a report by liquidation data tracker CoinGlass. Binance led the market with roughly $25.09 trillion in cumulative derivatives volume, or about 29.3% of global trading, meaning nearly $30 of every $100 traded ran through the exchange, CoinGlass said. OKX, Bybit and Bitget followed, each posting $8.2 trillion to $10.8 trillion in yearly volume. These four exchanges accounted for about 62.3% of total market share. CoinGlass said institutional pathways expanded through spot exchange-traded funds (ETFs), options and compliant futures, helping drive a…

Palantir Technologies Inc (NASDAQ: PLTR) is tumbling this morning even after the data analytics firm reported another blockbuster quarter and raised its guidance for the full year. Why? Primarily because of valuation concerns. At nearly 450 times forward earnings, PLTR shares are priced for perfection – and then some. Palantir has managed to defy valuation multiple in 2025, with the stock still up over 150% year-to-date. But can it retain that multiple over the long-term, or is it a time bomb set to go off next year? Let’s find out! Palantir stock vs Nvidia: a tale of two multiples Copy…

With only a few days left until the end of 2025, CoinGlass has released its year-end report for 2025. According to CoinGlass’ report, the total trading volume of the cryptocurrency derivatives market will be approximately $85.7 trillion in 2025, with an average daily trading volume of $264.5 billion. 2025 is the Year of DAT! The report highlighted that 2025 is the year of DATs (Depth of Activated Transactions). DAT companies increased their Bitcoin holdings from 600,000 BTC at the beginning of the year to 1.05 million BTC by November, acquiring approximately 5% of the total Bitcoin supply. The total trading…