Author: NBTC

Altcoins trading remains relatively high on Binance, making up 60% of all activity. The altcoin market has retained its activity even as BTC and ETH trading slowed down. Binance is turning into an altcoin venue, with up to 60% of volumes tied to its large portfolio of tokens. At the same time, BTC and ETH activity is winding down, with constant selling pressure in low volumes. Altcoin volumes recovered on Binance, now making up more than 60% of trading activity. Both BTC and ETH trading activity took a bigger downturn. | Source: CryptoQuant. Despite the relatively slow altcoin season, Binance’s…

On-chain activity is slowing down, despite the movements of significant volumes. Major L1 exchanges saw an outflow of active wallets. Major L1 chains, including Solana, BNB Chain, and Ethereum, are showing a slowdown in general activity. The slowdown is marked against the last months of 2024, when enthusiasm brought on-chain users. Solana is down to between 2.3M and 1.7M daily active wallets, after reaching a peak at nearly 32M active wallets in September 2024. On-chain activity slowed down for major chains, though value transfers remained robust for the most liquid networks. | Source: Token Terminal BNB Chain got a boost…

Binance Japan’s business partnership with PayPay is an ambitious push to make crypto an everyday payment tool in Japan’s fragmented, yet rapidly evolving market. The crypto market in Japan is entering a new phase of mainstream adoption after PayPay, the SoftBank and Yahoo Japan-backed payments giant, took a 40 percent stake in Binance Japan to link cryptocurrency with mainstream digital payments. Japan’s crypto ecosystem is evolving into a two-track system with regulated, institution-backed innovation led by big name companies and gray-zone activities of unregistered crypto exchanges operating in Japan as well as other emerging crypto-related crimes. Japan embraces cryptocurrency The…

In a stunning legal development that’s shaking the cryptocurrency world, Core Foundation has emerged victorious in a high-stakes lawsuit against Maple Finance. This groundbreaking Core Foundation lawsuit outcome sets a crucial precedent for intellectual property protection in the decentralized finance space, sending shockwaves through the entire blockchain industry. What Exactly Happened in the Core Foundation Lawsuit? The legal battle centered around allegations that Maple Finance breached a commercial contract after both parties collaborated on developing IstBTC, a Bitcoin yield product. Court documents reveal that Core Foundation accused Maple of using confidential information and resources to create syrupBTC, a directly competing…

PayPay, a payment service operated by the Japanese investment holding company SoftBank Group, is integrating new payment rails on Binance Japan following its investment in the platform. Binance Japan and PayPay have launched a new integration service with PayPay Money, an electronic money service that allows peer-to-peer transactions between PayPay users free of charge. With the integration, Binance Japan users can now purchase crypto assets using PayPay Money funds, as well as withdraw their crypto holdings directly to PayPay Money. The move marks Binance Japan’s first expansion beyond bank transfers in Japanese yen, following PayPay’s acquisition of a 40% stake…

Developer Jason Dreyzehner has unveiled Quantumroot, the first fully implemented, integration-ready post-quantum vault system built directly in Bitcoin Script. The breakthrough positions Bitcoin Cash as one of the major cryptocurrencies with a practical migration path for millions of users ahead of potential quantum threats, strengthening its long-term role. Bitcoin Cash Becomes First Major Blockchain With Integration-Ready Post-Quantum Vault Bitcoin Cash is taking a decisive step toward long-term survival in the post-quantum era. Developer Jason Dreyzehner has published Quantumroot, an integration-ready contract system designed to make Bitcoin Cash the first major blockchain with a practical, scalable, and fully-implemented post-quantum security solution.…

Millions of Russian citizens are already using cryptocurrency, finally convincing their government that regulation rather than prohibition is what’s actually needed. According to an estimate, coins in Russian wallets have reached dozens of billions of dollars in valuation, a clear indication of the growing popularity of decentralized digital money in an otherwise centralized system. Russian crypto users change Moscow’s crypto stance Around 20 million people in Russia regularly use cryptocurrency, members of the senior management of the country’s finance ministry and central bank have acknowledged. Quoted by the official TASS news agency on Thursday, Deputy Finance Minister Ivan Chebeskov, stated:…

Thailand introduced a major reform as the country officially moved to a 0% capital gains tax for Bitcoin and other crypto assets. The policy marks a turning point for traders and businesses that operate in Thailand’s digital asset space. The government aims to create a more friendly environment for investors who seek stability, support, and long-term clarity. This development reflects Thailand’s commitment to build a competitive digital economy. Investors often shift their portfolios to markets that encourage innovation and reduce unnecessary costs. With a 0% capital gains tax, Thailand positions itself as a leading hub in Southeast Asia for crypto…

The crypto market just delivered another harsh lesson in volatility. As one of Hyperliquid’s most-watched traders, known as the “Anti-CZ Whale,” saw his profit collapse. By more than $61 million in only 10 days. The trader, who built a reputation for shorting immediately after CZ bought ASTER. He has now taken a heavy hit from aggressive long positions in ETH and XRP. Profits Fall From $100M to $38M Just 10 days ago, the Anti-CZ Whale’s realized and unrealized profit on Hyperliquid sat close to $100 million, according to data shared by Lookonchain. His performance had made him a standout figure…

Bitcoin’s hashprice has fallen to a new all-time low below $35 per petahash per second (PH/s), hit by the combination of bitcoin’s price drop and persistently high network difficulty. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. BTC is trading near $83,000 as of Saturday, down more than 30% from its all-time high last month. The decline has wiped out all year-to-date gains and pushed mining economics deeper into the red. The slump comes on top of record hashrate and difficulty levels set…