Author: NBTC
Binance has released a statement acknowledging the recent price volatility surrounding the MANTRA project’s native token, OM, attributing the move to cross-exchange liquidations and significant changes to the token’s supply structure. Binance Announces OM Token Amid Cross-Exchange Liquidations and Tokenomics Shift The exchange stated risk control measures and ongoing monitoring following sharp price fluctuations in MANTRA’s native token. According to the exchange, its internal analysis shows that the price fluctuations observed over the past 24 hours were largely the result of gradual liquidations across multiple trading platforms. OM experienced sharp price movements that caught the attention of investors and led…
In a bid to increase transparency within the decentralized finance ecosystem, Ether.fi has integrated Chainlink’s Proof of Reserve mechanism into its platform. By employing Chainlink’s PoR, Ether.fi ensures that each unit of eETH is collateralized at a 1:1 ratio with staked ETH, eliminating reliance on centralized custodians. Chainlink has announced that its Proof of Reserve (PoR) has been integrated into the Ethereum mainnet by Ether.fi, a top liquid restaking protocol with over $4 billion total value locked (TVL). By offering on-chain and real-time verification of the 2.4 million restaked ETH (eETH), this integration seeks to increase the transparency level in…
In an unprecedented move, Trump upped the stakes in the ongoing trade war, threatening to raise tariffs on China to 104% while the crypto market remains on edge. After the Chinese retaliation to the latest US tariff push, U.S. President Donald Trump is threatening further measures. On April 7, Trump announced on his social media platform Truth Social that China would face an additional 50% tariff if it didn’t remove countermeasures. Notably, China introduced 34% retaliatory tariffs on all US goods, mirroring the same measure by the United States. Now, Trump has given China an ultimatum to remove its retaliatory…
Polish brokerage giant XTB has strengthened its crypto contracts for differences (CFDs) offerings by reducing spreads by up to 60 per cent and increasing exposure limits from €1 million to €10 million. A Significant Reduction in Spreads While spreads on Bitcoin CFDs have been cut by about 41 per cent, Ethereum CFDs saw the biggest reduction at 60.5 per cent, according to a spread comparison table shared by the broker. XTB also offers CFDs on Ripple, Cardano, and Litecoin, with spreads reduced by 19 per cent, 23 per cent, and 53 per cent, respectively. Chainlink CFDs is another instrument on…
Ethereum leads DeFi with 51.42% TVL dominance, securing $46.135 billion in assets. Solana tops user activity with 3.67M active addresses and $6.815 billion TVL growth. Tron records highest monthly TVL growth among top 5 chains, rising 11.19% in DeFi sector. Ethereum remains the dominant leader in decentralized finance (DeFi), holding more than half of the total value locked (TVL) across all blockchain networks. According to the latest data compiled by DeFiLlama, Ethereum’s share of the DeFi market stands at 51.42%, reflecting its longstanding dominance despite increased competition from emerging blockchains offering faster transaction speeds and lower fees. The TVL metric…
US President Donald Trump has made it clear that he is not considering suspending any tariffs at this time, as international markets react sharply to conflicting signals from the White House. Despite global concerns about the impact of ongoing trade tensions, Trump reiterated his administration’s tough stance on tariffs, suggesting they could be permanent even though negotiations are still on the table. “We will reach a fair agreement with all countries,” Trump said at a press briefing, adding: “Trade with the EU must be fair and reciprocal, and the EU will have to buy energy from us.” Trump also noted…
PayProtocol, the company behind Paycoin, has revealed plans to launch its own Mastercard-powered debit card on Apr. 30. According to an Apr.14 announcement posted on the company’s Medium page, the card will allow users to top up with crypto and spend at Mastercard merchants globally. The card will be created in partnership with Swiss neobank SR Saphirstein AG and will support Paycoin’s token PCI, Ethereum (ETH), and USD Coin (USDC). With a monthly top-up limit of 1,000 Swiss Francs, Paycoin Mastercard can be used for online and offline payments and is compatible with Apple Pay and Google Pay. The card’s…
A couple of weeks ago, a report was published revealing that over the last decade, the use of renewable energy for Bitcoin mining has practically doubled. This has also led to a collapse in the use of electricity produced from fossil sources such as coal. The report on Bitcoin mining MiCA Crypto Alliance Nodiens The report on Bitcoin mining The report, titled “Mining the Future: Bitcoin’s Renewable Energy Footprint and the Path to 2030“, was published by MiCA Crypto Alliance, and was created in collaboration with Nodiens. This is a 19-page PDF that analyzes the environmental impact of the energy…
Institutional cryptocurrency trading volumes surged 141% year-over-year (YoY) in the first quarter of 2025, according to data released today (Thursday) by Finery Markets, reflecting the market’s response to the first 100 days of a new pro-crypto political environment in the United States. The report, which analyzed over 2 million spot trades conducted by institutions through the Finery Markets platform, shows that January saw the strongest performance with 163.5% YoY growth, coinciding with Bitcoin reaching an all-time high above $109,000. “The crypto OTC market continued its strong growth trajectory in Q1 2025,” Finery Markets commented in the newest report. “January showed…
Avalon is providing institutional Bitcoin lending infrastructure for Bybit Earn. The fixed-rate lending system enables stable yield via FBTC-backed DeFi strategies. The partnership bridges CeFi and DeFi to unlock higher, predictable Bitcoin yields. Crypto infrastructure provider Avalon Labs has announced a partnership with exchange Bybit. With this new partnership, the exchange is bringing its institutional Bitcoin lending services to Bybit’s financial platform. The collaboration powers a new stable income product through Avalon’s fixed-rate lending system. This allows for on-chain arbitrage strategies that generate yield for Bybit customers and at the same time maintain their Bitcoin exposure. Avalon Labs’ institutional layer…