Author: NBTC

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) retreated from record highs on Friday amid a global financial-markets sell-off that erased $2.5 trillion from U.S. equities alone in a single day after U.S. President Donald Trump unveiled his reciprocal tariffs. The tokens, which are backed by physical gold and track its price, initially rallied as investors sought shelter from the uncertainty the tariffs introduced. Gold is usually seen as a haven investment, but large-scale losses in equity markets often force investors to liquidate safer assets to cover margin calls and cash out losses. PAXG climbed to an all-time…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. We’ve got a fresh market update from Blockworks Research, and if it makes anything clear, it’s this: March was not kind to Solana. Revenue cratered 87% from January’s all-time high, DEX volumes dropped 74%, and SIMD 228 failed to pass. SIMD 228’s loss wasn’t due to a lack of effort. The proposal sparked the highest stake participation of any vote in Solana’s history (74.3%). It drew input from institutional players like Coinbase, Kraken and Bybit for the first time. And while small validators mostly opposed it, native…

Former Democratic Rep. Wiley Nickel has officially kicked off a campaign to challenge North Carolina Republican Sen. Thom Tillis. Nickel is an attorney and former Obama administration staffer, who served one term in the House before redistricting made him give up his seat to the Republicans. According to footage he shared via his X account, Nickel is getting ready to nationalize the race, and he has decided to hinge his campaign on linking Tillis to President Donald Trump. Former Democratic Rep. Wiley Nickel at a local meeting. Source: Wiley Nickel “We got to stand up to Donald Trump and Thom…

Axelar, a cross-chain interoperability network, has integrated with XION, a Layer-1 blockchain optimized for consumer applications. This strategic collaboration facilitates the easy bridging of XION with more than 70 blockchain ecosystems to offer greater reach and utility to the blockchain. In addition to that, Axelar’s infrastructure enables the secure, decentralized communication of networks and offers developers the ability to bridge between blockchain resources on various protocols. The @burnt_xion mainnet is now integrated with Axelar, enabling seamless connection and enhanced $XION liquidity across 70+ ecosystems.Learn more about how both projects are building user-centric blockchain technology that is accelerating Web3 adoption 🧵…

President Trump’s administration wants a weaker dollar and that’s bullish for bitcoin (BTC), asset manager Bitwise said in a report Tuesday. “When it comes to the tariff push, the thing i’m most certain of is this: the Trump administration wants a significantly weaker dollar,” wrote Matt Hougan, chief investment officer at Bitwise. After a week of market turmoil cryptocurrencies surged on Wednesday following President Trump’s announcement of a 90-day pause on tariffs for countries that haven’t retaliated against the U.S.. A weaker dollar has significant implications for bitcoin. Bitwise notes that over the last five years the cryptocurrency has had…

In recent months, Ethereum (ETH) has felt heavy bearish pressure. Falling from over $4,000 in December 2024 to current levels near $1,572, almost a 60% decrease in price. It has formed a descending channel on the daily chart, which indicates that downward momentum continues. While volume has fallen 33.25% in the last 24 hours, ETH price has increased by 4.288% in the same period. Is Ethereum gearing towards recovery, or will the bearish forces continue to dominate? Ethereum Price Analysis The price action shows a very long downtrend, beginning in December 2024. After reaching highs around $4,000, ETH has continuously…

After U.S. President Donald Trump’s reelection in November, optimism surged among crypto companies eyeing the public markets. Trump floated big promises: clearer rules for the industry and ambitions to make America the crypto capital of the world. For a moment, it looked like the floodgates might open. IPO pipelines buzzed with activity. Founders dreamed of ringing the opening bell. But beneath the surface, storm clouds were gathering. A bull market is the lifeblood of successful listings, and few foresaw just how rocky the road ahead would become. Circle didn’t wait for perfect conditions. After years of false starts and regulatory…

Smart contract development within Cardano observes secure governance while maintaining a modular system architecture. SHIB leverages community-driven adoption and Ethereum’s blockchain for token utility. The Ethereum-based platform Immutable allows projects to trade NFTs while managing them on a scale-free basis that avoids gas costs. The ongoing expansion of the cryptocurrency market features fundamental innovative elements through projects including Cardano, Shiba Inu, Dogecoin, and Immutable. The unique integration of technological infrastructure and strategic focus together with community engagement from each platform drives the larger adoption and evolutionary development of decentralized finance systems and blockchain-based applications and digital assets. Cardano(ADA): Focuses on…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Investors may still be recovering from tariff policy whiplash, but the world keeps spinning. Representatives on the House Financial Service’s Digital Assets Subcommittee met today for a hearing on US crypto policy. That topic may not be top of the news cycle, but is still big in Washington. Rep. Brad Sherman from California, who has long been skeptical of any legislation deemed “pro crypto,” had an interesting take. “New coins” will overtake “old coins,” he said, and he’s all for new coins. We aren’t sure at…

OpenZeppelin, a leading platform for building smart contracts, has revealed an official alpha release of its Relayers that are tailored for the Solana network. As per the release, this allows decentralized applications to accept any token for transaction fee payments instead of users being required to hold Solana. Solana, the seventh-largest cryptocurrency with over $22 billion worth of on-chain assets, is moving further away from its competitors Cardano (ADA) and Tron (TRX) by offering developers an unbeatable new tool, OpenZeppelin’s Solana Relayers, now available as an open-sourced alpha. OpenZeppelin explains in its report, “Solana Relayers implement a standardized RPC API…