Author: NBTC
The total value locked (TVL) in decentralized finance (DeFi) has plunged over 30% from its December peak, reflecting ongoing market uncertainties and macroeconomic pressures. According to DefiLlama, the current TVL in DeFi is $94.65 billion, a far cry from the $137 billion mark it reached on December 17 and one that has been steadily declining since. The TVL had reached a recent low of $88 billion last month before bouncing back slightly. Late last year’s jump in DeFi’s locked value coincided with a general crypto market rally, largely stemming from the November 5 elections of pro-crypto U.S. President Donald Trump. The…
The increasing geopolitical tensions and global macroeconomic uncertainty are changing investment choices in the crypto sector: more and more investors are reallocating capital towards stablecoin and real-world assets (RWA). That is, real-world assets such as real estate, artworks, and financial instruments, digitized through blockchain technology. To set this trend in motion was the recent decision by President Donald Trump to introduce new commercial tariffs on April 2, following the January 20 announcement on the imposition of tariffs on goods imported from China. Such measures, aimed at reducing the U.S. trade deficit and boosting national production, are fueling concerns about a…
Pendle (PENDLE) seems bullish as whales appear to have started accumulating the asset, possibly suggesting an incoming market surge. Today, March 11, 2025, a PEPE whale made a massive acquisition of 607,863 PENDLE tokens, attracting crypto investors’ attention. That is according to today’s data reported by Onchain Lens. In the last 3 days, a $PEPE whale has spent 1,016.4 $ETH ($1.86M) to buy 607,863 $PENDLE at a price of $3 each.The whale has sold 281.21B $PEPE for 1,060.53 $ETH to buy the $PENDLE and likely to buy more.Address: 0x373704e394ef150241aee836115d78aba3fc5c76Data @nansen_ai pic.twitter.com/lAAXWOXV49 — Onchain Lens (@OnchainLens) April 4, 2025 PEPE whale…
Ye Zhang, the co-founder of layer-2 network Scroll, has criticized the proposal to charge Ethereum Layer-2 networks. In a post on X, Zhang described such proposals as bad for the network’s long-term growth. According to Zhang, imposing tariffs on Ethereum L2s to generate fees on the mainnet will damage the network’s future. In his opinion, this strategy is only ideal for centralized organizations, not decentralized networks like Ethereum. He said: “Tariffing L2s is one of the most toxic ideas for Ethereum’s future. It trades long-term scalability and ecosystem growth for short-term revenue — a strategy fit for centralized corps, not…
Over 94% of Binance token listings from 2024 and 2025 are in the red by between 17% and 97%, according to crypto analysts. This is in stark contrast to Binance’s token listing heyday. Research by crypto analyst Dethective found that the 27 tokens listed by Binance so far this year had an average loss of 44%. Only three tokens resulted in a positive return, while 13 suffered losses of over 50%. Dethective described the tokens as “pure exit liquidity” and claimed, “If the largest, most retail-friendly exchange is pushing only garbage, newcomers will assume crypto is nothing but a scam.”…
Bitcoin, the leading cryptocurrency by market capitalization, has managed to outperform the tech-heavy Nasdaq 100 index on a year-to-date basis. The Nasdaq 100 has plunged by more than 16% since the start of the year. Meanwhile, Bitcoin is down by nearly 12%. $BTC ACTS AS BOND PROXY IN MARKET TURMOIL OVER PAST WEEK pic.twitter.com/OK4qGXPqPl — #333kByJuly2025 (@CarpeNoctom) April 4, 2025 Bitcoin’s decoupling from the U.S. equities market is shaping up to be one of the biggest stories of a tumultuous week. The cryptocurrency is up by nearly 3% over the past 24 hours despite the fact that the S&P 500,…
BRICS nations are advancing digital assets like tokenized gold and crypto to reduce reliance on dollar-based financial systems. Concerns over the U.S. dollar’s stability and Fed support are pushing global powers toward alternative digital trade frameworks. Under the gradually weakening confidence in the U.S. dollar, the BRICS countries are getting closer to the era of a digital financial system. Anton Siluanov, the Russian Minister of Finance, confirmed that the digital financial assets like cryptocurrencies and tokenized gold will be used as the instruments for the consolidation of binding economic relations within the bloc. Siluanov mentioned his roadmap for a new…
Arbitrum DAO has spent millions on incentives in hopes of attracting more users. However, the gains didn’t stick, according to one Web3 marketing studio. Arbitrum (ARB) DAO recently came under criticism for its ability to retain users. On April 4, Pink Brains, a marketing studio specializing in crypto and Web3, outlined issues with the network’s incentive programs. Arbitrum DAO has poured millions into incentive programs (STIP, LTIPP), aiming to bring more users, TVL, and volume into the ecosystem.But many of these programs had one thing in common:📉 The gains were short-lived. Metrics dropped soon after the campaigns ended. — Pink…
Ethereum (ETH) is showing signs of a potential trend reversal as financial markets brace for a major tariff announcement by former US President Donald Trump. Market Signals Indicate ETH’s Downtrend Is Over With the “Liberation Day” tariffs expected to be announced today and aimed at countering unfair trading practices, a shake-up could be experienced in the crypto markets, potentially pushing ETH into a leadership role. Ethereum has largely underperformed Bitcoin (BTC) throughout its ongoing bull run, but technical indicators suggest that could change. Seller Fatigue at March Lows: ETH tested a 16-month low of $1,755 on March 11 but failed…
India’s tax authorities intensified their crackdown on cryptocurrency traders using offshore exchanges like Binance. According to The Economic Times, the focus is on individuals who failed to comply with the mandatory 1% Tax Deducted at Source (TDS) applied to crypto transactions in India. India’s crypto tax regulations require a 1% TDS be levied on every applicable crypto transaction. While domestic Indian exchanges implemented this requirement, reports indicate many users moved to offshore platforms like Binance specifically to bypass it. Tax authorities now target these users directly, taking stricter measures against non-compliance. Tax on Turnover, Not Just Profits Crypto traders are…