Author: NBTC

Data shows BitMart posting consistently deeper Bitcoin and Ethereum perpetual order books than peers over the observed period, supporting tighter spreads and lower slippage. Summary Data compared top-seven order book levels in dollar terms across major exchanges, with BitMart’s BTC perpetual depth remaining above peers through the sample window.​ In ETH perpetual markets, BitMart again led on order book depth, with liquidity building into the later stages while rival venues showed flatter or more uneven profiles.​ Deeper top-of-book liquidity supports tighter spreads and reduced slippage, improving execution for larger BTC and ETH perp orders during volatile trading conditions. BitMart demonstrated…

Just DAO, a popular decentralized lending entity, has announced an exclusive advancement. Particularly, to back the sustainable expansion of its ecosystem, the platform is modifying the Supply Mining Reward APY of $USDD to 8%. As per the platform’s official social media announcement, the update endeavors to maintain balanced incentives apart from guaranteeing ecosystem stability. Hence, the move is set to boost the ecosystem engagement and wider onboarding. 📢Announcement on Adjusting the Supply Mining Reward APY of USDD MarketTo support the sustainable growth of the JustLend DAO and USDD ecosystem, the Tier 3 USDD supply mining reward will remain at a…

Spot Bitcoin and Ether exchange-traded funds (ETFs) continued to bleed capital on Tuesday, with both assets seeing their fifth straight day of outflows. In contrast, Solana funds extended their inflow streak to six days. According to data from Farside Investors, spot Bitcoin (BTC) ETFs saw $578 million in net outflows on Tuesday, the steepest single-day decline since mid-October. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC led withdrawals. Spot Ether (ETH) ETFs faced similar selling pressure, registering $219 million in net redemptions. Fidelity’s FETH and BlackRock’s ETHA products bore the brunt, extending a five-day trend that has wiped nearly $1…

Gemini listing BNB gives US traders regulated access to a significant global crypto asset. The move places Gemini with Kraken while Coinbase keeps a distance from the BNB listing. BNB support shows how US exchanges now compete through asset coverage choices today. Gemini has added BNB trading and custody for U.S. customers, expanding access on its regulated platform. The exchange confirmed the move on December 23. Users can now trade and store BNB directly on Gemini. The decision places the exchange alongside Kraken, while Coinbase continues to avoid listing the token. The listing gives U.S. investors regulated access to one…

In a landmark move for blockchain scalability, BNB Chain has officially confirmed the deployment of its Fermi hard fork on the mainnet for January 14, 2025. This pivotal upgrade, first reported by Cointelegraph, promises to fundamentally enhance the network’s performance by dramatically reducing block generation time and introducing a novel data indexing system. Consequently, the entire BNB Smart Chain ecosystem stands to gain unprecedented transaction throughput and operational efficiency. BNB Chain Fermi Upgrade: Core Technical Specifications The Fermi hard fork centers on two primary, interconnected technical enhancements. First, the network will slash its block generation interval from 750 milliseconds to…

Introduction Risk, volatility, uncertainty, liquidation are a few words that strike our minds when we talk about decentralized finance (DeFi). The innovation that claimed to liberate humanity from the shackles of conventional banking can be hazardous for users in its own way. Due to these very reasons, critics started thinking of it as a bubble, which was going to burst sooner or later. However, technological changes in blockchains, decentralized exchanges, smart contracts have somewhat helped free DeFi from the charges. One of these changes is intent-based transactions in DeFi. What are Intent-Based Transactions? Before trying to understand the concept of…

Bearish sentiment is rising following a sharp decline in Bitcoin’s price. Despite this trend, several prominent cryptocurrency influencers argue that the hope for an upward reversal remains strong. They cite expanding global liquidity and anticipated Federal Reserve (Fed) actions as potential catalysts for the next rally. Government Shutdown Draining Market Liquidity Raoul Pal, founder of RealVision, analyzed the downturn on his X account on Wednesday. He attributed the crash primarily to market liquidity tightening, specifically linking the pressure to the Fed’s excessive Quantitative Tightening (QT) execution and the ongoing US government shutdown. Pal detailed the mechanism: “Currently, the government shutdown…

Binance founder Changpeng Zhao (CZ) commented on the short-lived sharp price movement in the BTC/USD1 trading pair. CZ stated that this phenomenon, known as a “flash crash” in the cryptocurrency market, was caused by momentary price fluctuations due to large market orders placed in a low-liquidity trading pair, and that no liquidation occurred during the event. Regarding the background of the process, Catherine, Head of Business Development at Solv Protocol, stated that Binance’s 20% annual fixed-rate deposit campaign for USD1 temporarily affected market balance. Following the campaign, many users converted USDT to USD1, which briefly pushed the USD1 price up…

Cardano (ADA) founder Charles Hoskinson, in his comprehensive assessment of the current state and roadmap of the Cardano ecosystem, shared noteworthy predictions for both Cardano (ADA) and the new Tier 2 solution Midnight (NIGHT). According to Hoskinson, a significant improvement in Cardano’s DeFi metrics is expected next year. With major integrations rolling out, Bitcoin and XRP-based DeFi flows will move towards Cardano networks, strengthening the ecosystem in terms of liquidity and usage. Hoskinson also placed special emphasis on Cardano’s governance structure. Arguing that Cardano currently has the largest on-chain governance system in production, Hoskinson stated that approximately 1.5 billion ADA…

A once-unbeatable crypto trader has seen his fortune reversed after a sharp market correction turned a $33 million profit into losses exceeding $26 million, ending a near-perfect trading streak. The well-known crypto trader, identified by the on-chain wallet 0xc2a3, has suffered a major setback following the sharp decline in digital asset prices. According to blockchain analytics platform Lookonchain, the trader, who previously maintained a perfect record of 14 profitable trades, has now closed several long positions at a loss. Despite the setback, the wallet still holds approximately $1.4 million in perpetual equity, indicating the trader remains active in the market.…