Author: NBTC

Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days. Amid this uptick, crypto whales have been actively accumulating select altcoins, including DeFi token Maker (MKR), governance token Lido (LDO), and utility token ApeCoin (APE). Maker (MKR) DeFi token MKR has seen increased whale activity this week. This is reflected in the surge in its supply held by whale addresses that hold between 100,000 and 1,000,000 tokens. MKR Supply Distribution. Source: Santiment According to Santiment, this cohort of investors has accumulated 65,000 MKR tokens valued…

PancakeSwap, a leading decentralized exchange (DEX) operating on nine blockchain networks, set a new record for trading activity in January and February 2025. It has achieved the highest monthly trading volume since 2021. This record was driven by the recovery of the BNB Chain and the meme movement on the chain. However, the March market is showing signs that could challenge the DEX’s ability to maintain this volume. Total Cumulative Volume on PancakeSwap Exceeds $1.1 Trillion Data from Dune indicates that PancakeSwap’s trading volume started to rise sharply in December last year. By January, the DEX reached $78.4 billion in…

Coin98 Super Wallet, a secure, decentralized, and open crypto wallet, has announced the integration of MorphLayer, a scalable and rapid Ethereum L2. The integration of MorphLayer merges zero-knowledge technology and optimistic rollups in terms of benefits to boost blockchain experience. The platform disclosed this development on its official X account. We’ve integrated @MorphLayer 🐨 – a Layer 2 solution built on @Ethereum, combining the best of optimistic rollups & zk technology.Now, you can effortlessly:✅ Create & restore wallets in seconds✅ Manage & transfer tokens smoothly✅ Explore dApps within the Morph ecosystem… pic.twitter.com/YGUEiqZgkj — Coin98 Super Wallet (@coin98_wallet) March 6, 2025…

The HBAR Foundation has announced an investment in Archax’s tokenized shares of Fidelity International’s USD Money Market Fund. Archax, the first FCA-regulated digital asset exchange, broker, and custodian, recently tokenized the MMF on the Hedera (HBAR) network. The tokenized shares, available on the Archax platform, allow institutional investors to gain exposure to the fund through blockchain technology. These digital assets can also serve as proof-of-reserves for stablecoin treasury verification, enhancing transparency within the broader digital finance ecosystem, according to a company announcement. The move highlights Hedera’s expanding role in institutional tokenization while advancing Fidelity International’s efforts to bring traditional financial…

Binance, the world’s largest cryptocurrency exchange, has introduced a “Vote to List” and “Vote to Delete” mechanism to give the community a say on altcoin listings. Accordingly, projects that receive the most votes and show due diligence as a result of community voting will be listed first. Users will also be able to vote to decide whether or not the altcoins listed in the “Watch Zone” will be removed from the list. “Since Binance was founded in 2017, we have always put users first. Binance’s growth and success are inseparable from the community, and your feedback continues to help us…

In a groundbreaking initiative, Chhattisgarh, India, has successfully digitized over 700,000 land records dating back to the 1950s. Utilizing cutting-edge blockchain technology, this move aims to enhance access to land information for both citizens and government officials in the Dantewada district. How Does Blockchain Improve Land Record Security? The digitization process has been executed in partnership with the local Land Records Office and the LegitDoc initiative based in India. By storing records on the blockchain, the system mitigates the difficulties associated with traditional physical records. Citizens can conveniently access land information through kiosks established in each sub-region. What Advantages Does…

Diminishing Bitcoin address creation demonstrates weaker adoption and reduced market participation which affects market liquids and price trends. Previous periods of decreased address growth have matched both diminished price gains and market value dips which match bear market conditions. Institutional involvement together with market trends will determine the future growth of Bitcoin activity since it will show adoption levels. A decline in Bitcoin’s on-chain activity has been observed as the monthly average of new Bitcoin ($BTC) addresses falls below the yearly average. This shift suggests weakened network fundamentals and reduced utilization, signaling potential concerns for investors and market analysts. Historically,…

An analyst breaks down VeChain’s Proof of Authority (POA 3.0) upgrade and highlights its potential to improve inclusivity and democratize decision-making. The analyst also pointed out the prediction that VET could imitate the explosive price move recorded in 2020 to hit $1. In a previous article, we discussed one of VeChain’s (VET) most exciting updates of the year, Proof of Authority (POA 3.0). In that report, we explained that it would provide new staking opportunities while enhancing greater decentralization for the network. Days after, another renowned investor and analyst, identified as Cheeky Crypto, provided an extensive breakdown of this technical…

Binance introduces “Vote to List” and “Vote to Delist” Mechanisms to introduce community governance in token listings. The exchange has occasionally hosted listing votes before, but they are exceptionally rare. Binance is also introducing pools for potential listings and delistings, so users cannot put any token up for a vote at their own discretion. However, the exchange has several mechanisms to encourage user participation and feedback. Binance to Host Token Listing Votes Binance, the world’s largest crypto exchange, can consistently impact token prices with its listing announcements. Whenever the exchange announces that it will list one, its asset spikes, yet…

Somnia has recently announced its strategic integration into Dune, a remarkable advancement for blockchain developers and data enthusiasts. This partnership is aimed at providing comprehensive tools to users, enabling them to monitor and optimize the performance of the Somnia ecosystem. Data lovers, rejoice! @Dune delivers real-time insights, stunning visualizations, and robust APIs to power your blockchain analytics and track ecosystem growth on Somnia. https://t.co/Y6HPK2xXsbUse these tools when building on Somnia to optimize your projects and monitor… pic.twitter.com/VZ53XzhxQZ — Somnia – a Fully Onchain World (@Somnia_Network) March 6, 2025 Somnia, a blockchain platform derived from the Metaverse, has announced this integration…