Author: NBTC
StakeStone, a DeFi platform offering decentralized liquidity infrastructure, has started a new partnership with Sei Network, an advanced L1 blockchain to improve DeFi applications and trading. The partnership aims to merge the latest omnichain liquid staking infrastructure of StakeStone with the parallel-executing and ultra-fast environment of Sei. The platform disclosed this development on its official social media account. StakeStone Joins Forces with Sei Network to Advance Decentralized Finance With this partnership, StakeStone is choosing Sei for its considerable speed, local orderbook infrastructure, as well as optimized architecture for latest DeFi projects. In its announcement, StakeStone pointed toward the requirement for…
Exciting news for the NKN community! In a move that signals strong confidence in its future and commitment to its ecosystem, NKN, the innovative blockchain-based decentralized network connectivity protocol, has just announced a strategic token buyback program. This announcement, made via their official X account, has already sparked considerable interest and optimism within the crypto sphere. But what exactly does this mean for NKN and its users? Let’s dive deep into the details of this exciting development and explore its potential impact. Decoding the NKN Token Buyback Program: What’s the Buzz? At its core, a token buyback program is a…
The bitcoin (BTC) price is likely to become more volatile after dipping below $75,000 twice in the past week as it extends its drop from the all-time high of $109,000 reached on Jan 20. That’s taken it into what Glassnode shows as an “air pocket” between $70,000 and $80,000 created after the largest cryptocurrency soared following President Donald Trump’s election victory in November. The largest cryptocurrency climbed to over $100,000 from $70,000 after the vote without ever revisiting its starting point. Historically, when bitcoin rallies without consolidating at key levels, it often returns to retest them later. This lack of…
SpookySwap users may set limit orders using dLIMIT to purchase and sell tokens at certain prices. With TWAP by Orbs, traders may more easily accumulate a sizable position in a particular asset without being hampered by slippage or volatility. The dLIMIT and TWAP protocols from blockchain infrastructure provider Orbs have been integrated into SpookySwap on Sonic. This makes it possible for DeFi traders on Sonic’s L1 to use the popular decentralized exchange SpookySwap to access sophisticated order types. SpookySwap’s integration of Orbs’ flagship trading protocols enables traders to place complex orders inside an intuitive user interface. Trades may be divided…
Big names and bigger dumps. Blockchain analytics firm Bubblemaps reported Monday that more than $30 million worth of Melania Meme (MELANIA), a meme coin linked to U.S. First Lady Melania Trump, have been moved and “quietly sold.” On-chain analysis revealed the Solana-based tokens were taken from community funds, and neither the project team nor “launch strategist” Hayden Davis has yet offered any explanation for the movement of the assets. In total, 50 million MELANIA tokens were funneled to wallet “Cq2Tj6,” then split across multiple addresses. More than $3 million was sent to centralized exchanges, two new $6 million positions were…
Fury erupts as Democratic leaders slam DOJ for dismantling its crypto crime team, warning it fuels laundering, evasion, and global threats. Senators Rip DOJ’s Crypto Pullback Democratic lawmakers have intensified pressure on the U.S. Department of Justice (DOJ), condemning its recent move to disband a specialized crypto enforcement unit and shift away from prosecuting certain digital asset-related crimes. In a letter to Deputy Attorney General Todd Blanche on April 10, Senate Democratic Whip Dick Durbin (D-IL), joined by Senators Mazie Hirono (D-HI), Elizabeth Warren (D-MA), and others, called on the DOJ “to reverse the Department of Justice’s (DOJ) recent decisions…
Bitcoin’s price saw significant turbulence this past week, sliding under the $75,000 mark for the second time recently. It currently trades around $77,087.10—down 3% in the last 24 hours and 8.16% over the past seven days. This volatility comes as global financial uncertainty grows, partly linked to the United States imposing a steep 104% tariff on Chinese goods under President Donald Trump’s administration. Markets reacted with broad sell-offs, pulling down risk-on assets including virtual currencies. #BTC -We Are Still in a Bull Run-ONLY FEW 🧠As long as #BTC is trending above the 21 EMA, there’s no need to worry!Here are…
The crypto lending market has plunged from its bull market peak and has fallen 43% from its all-time high to $36.5 billion in Q4 2024, according to a new report from Galaxy Research. The decline came from the collapse of major lending platforms during the 2022-2023 bear market. Despite this overall contraction, the market has rebounded 157% from its Q3 2023 low of $14.2 billion. CeFi lenders consolidate after market collapse The CeFi lending market saw huge disruption following bankruptcies of dominant players. The CeFi crypto lending market peaked at an estimated $34.8 billion in outstanding loans before it dropped…
Prominent on-chain data aggregator Glassnode has published a report about the results of measuring the supply in profit metrics applied to major cryptocurrencies that are located mostly on the top 10 and top 15 lists. According to this report, XRP and Tron (TRX) have beaten the other coins on the list, including Ethereum and Solana. XRP surpasses ETH, SOL and DOGE in supply in profit Glassnode published a chart that tracks the percentage of supply of selected cryptocurrencies in profit year-to-date, which means if the current price of these coins held by investors is higher or lower than the price…
Escalating trade war tensions have triggered widespread market volatility, prompting growing concerns among investors. Yet, one analyst suggests that these very uncertainties could act as a catalyst for Bitcoin’s (BTC) value growth. The outlook emerges as Bitcoin struggles to gain momentum, with both traditional and cryptocurrency markets showing signs of widespread losses. Could a Trade War Be Bitcoin’s Big Break? Five Key Factors Driving Value Growth In a detailed analysis posted on the social media platform X (formerly Twitter), Ben Sigman, analyst, and CEO of Bitcoin Libre, outlined five distinct factors through which a tariff-driven conflict could trigger a rise…