Author: NBTC
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. If Solana investors look up from their AI coins, they’ll see a few interesting products slated to launch this year. Shipping dates can always be delayed of course, but as of now, 2025 is poised to deliver a slew of Solana product launches. Solana Mobile’s Seeker phone tops the list along with the full version of Jump Crypto’s Firedancer client. DePINs, crypto wearable tech, and Jito’s restaking platform are also noteworthy areas expecting new launches. The most interesting product launch to watch in this newsletter writer’s opinion…
Rumours that crypto exchange Binance, the world’s largest by trading volume, is for sale are just that – rumours. That’s according to the latest details Binance co-founder Changpeng Zhao “CZ”. Binance “not for sale” The former Binance CEO, and currently at the helm of YZi Labs, said speculation that the exchange was headed for sale are a result of FUD from “some lowly self-perceived competitor in Asia.” “As a shareholder, Binance is not for sale,” CZ posted on X on Monday, Feb. 17. The remarks echo those of co-founder Yi He, who has also dismissed the circulating claims as started…
The US Presidential elections held last November, which resulted in Donald Trump’s victory, brought an increase in both the dollar and cryptocurrencies such as Bitcoin. As the dollar continued to strengthen after Trump’s victory, analysts said that this rise in the dollar was similar to the rise experienced after Trump’s victory in 2016. When Trump was first elected president in 2016, the DXY peaked in December but fell over the next 12 months. The dollar’s decline coincided with Bitcoin’s rise in 2017. At this point, although there is an expectation in the market that the same situation will happen now,…
The latest filing revealed that the New York Stock Exchange, Archipelago Exchange (NYSE Arca) filed a proposal to allow staking Grayscale’s Spot Ethereum exchange-traded funds (ETFs). BREAKING: @NYSE FILES PROPOSAL TO ALLOW STAKING FOR @Grayscale SPOT $ETH ETF pic.twitter.com/WhP85xfDip — DEGEN NEWS (@DegenerateNews) February 14, 2025 The filing reads: “Pursuant to the provisions of Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”),1 and Rule 19b-4 thereunder,2 NYSE Arca, Inc. (“NYSE Arca” or the “Exchange”), proposes to amend the Grayscale Ethereum Trust ETF (the “Trust”) and Grayscale Ethereum Mini Trust ETF (the “Mini Trust” and, together with the Trust,…
Binance just opened a rare community vote to determine whether or not to list Pi Network. As its mainnet launch approaches, Pi has grown into a global phenomenon, and a listing could boost its prestige. However, the project also has its critics, some of whom have called it a massive pyramid scheme. A bungled launch could seriously damage the credibility of exchanges that host it. Will Binance List Pi Network Soon? Since 2021, Pi Network has been one of the most ambitious and highly anticipated crypto projects. After spending years in an Enclosed Mainnet period, Pi’s Open Network is set…
The market has been showing signs of strength, especially with the recent break rally. This suggests that the bearish trend might be losing momentum, increasing the probability of an upward breakout. Altcoins are also looking promising, with several coins potentially completing their corrections and gearing up for the next upward movement in Q1. Bitcoin is at a crucial juncture. The price is testing important resistance levels, and breaking above them could open the door for further upside potential. On the weekly Bitcoin chart, Bitcoin remains in a larger bull market. Although there has been a slight slowdown recently, it mirrors…
In a large $ENA trade, a whale known as “0x687” sold 4.96M $ENA tokens on Binance, making $2.38M in profit. The tokens were sold at an average of $1.23 per token, making the total sale $6.01 million, as per the information gathered from Spot On Chain. Another whale is offloading #DeFi tokens, and this time it’s $ENA!Whale “0x687” unstaked and deposited 4.96M $ENA ($6.01M) to #Binance at ~$1.23, 40 minutes ago.The whale withdrew 5.97M $ENA from Binance at ~$0.75 ($4.46M) between May 10 and Dec 2, 2024, for staking.If… pic.twitter.com/jxy0tWo3rQ — Spot On Chain (@spotonchain) January 6, 2025 Therefore, this…
The demand for XRP exceeds that of other crypto on US-based exchanges, with trading volumes surging significantly since November, according to a recent Kaiko report. The report highlighted XRP growth in trading activity using Coinbase’s latest earnings report. For the first time in recent history, XRP contributed more to the exchange’s trading-based revenue than Ethereum (ETH). XRP accounted for 14% of Coinbase’s total trading revenue in the fourth quarter, reflecting a broader trend across US-based exchanges. The surge in XRP’s trading volume comes after its re-listing on major US exchanges last year after Ripple Labs secured a partial court victory…
KYC (Know Your Customer) is increasingly becoming an essential legal requirement for mining pool providers. Although this concept is relatively new to the mining industry and raises questions within a community that values the Crypto Punk ethos, some misconceptions exist about what KYC involves and why it is necessary. To understand the rising demand for KYC in our industry, it’s essential to examine how mining has evolved and where it stands today. The Evolution of Mining For years, mining allowed individuals to contribute to the Bitcoin (and other blockchain) networks while earning rewards. However, with the advent of ASIC machines,…
Bitcoin’s price surged past $97,000 on Thursday, climbing 2% to hit $97,011. This modest bump capped a 3% gain since the start of 2025, as the crypto markets began shaking off the losses that weighed them down at the end of last year. Investors appear to be waking up with new optimism, ready to see where this unpredictable market takes them. XRP led the rally with a 10% gain. Meanwhile, Coinbase and MicroStrategy, two major crypto-linked stocks, saw their shares jump 4% each. Optimism around regulation and IPOs fuels momentum This year could be a game-changer for crypto, largely thanks…