Author: NBTC
Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether. Additionally, the decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, going above fellow Solana stalwart Pump.fun. Jupiter Usurps Pump.fun According to data from DefiLlama, the exchange has earned $10.88 million in fees since yesterday, about $7.3 million less than the amount Tether raked in. However, Jupiter performed markedly better than Uniswap, PancakeSwap, sister platform Meteora, and Hyperliquid, a rising star in the perpetual futures trading space. Apart from Uniswap, none of these competing protocols earned more than…
As the year draws to a close, Toncoin (TON) has experienced an increase in whale activity, with an 80% increase in large transaction volume. According to IntoTheBlock, Toncoin’s large transaction volume reached $8.75 billion in the last 24 hours, representing an 80.63% increase. This uptick comes amid lackluster trading action on the market as 2024 comes to a close. The 80% increase in whale transactions indicates that these large players are either accumulating more coins or moving significant amounts of them. In this regard, large holder netflows have surged 300% over the last seven days. Amazing read on what $TON…
Former SEC official John Reed Stark suggests that the Ripple lawsuit could be next in line for dismissal. Stark recently shed light on the SEC’s unprecedented retreat from its aggressive enforcement-driven regulation against the crypto industry. He mentioned how the previous SEC leadership introduced several enforcement actions against crypto businesses, labeling several digital assets securities. Interestingly, as reflected in its recent decisions, the SEC has pulled back to drop some appeals and enforcement actions. For context, it dropped its lawsuit against Coinbase, froze the Binance lawsuit, and dropped its investigation into Uniswap and OpenSea. The SEC further retreated from its…
Delta Blockchain Fund founder Kavita Gupta is fronting a new startup called Inclusive Layer, designed to help people build blockchain applications on multiple chains without deep coding expertise. The product aims to abstract away technical friction and create liquidity aggregation between Ethereum, Solana, Base, Polygon or Arbitrum, according to a press release. The first app on Inclusive Layer is a cross-chain trading service called Caishen. So-called picks and shovels offerings to take the headache out of blockchain development can be a smart play, especially if timed to meet a wave of new entrants to the space. Despite the existence of…
The former Prime Minister proposes Bitcoin as a transformative tool for Phuket’s tourism and economic development. Regulatory collaboration is crucial for the integration of cryptocurrency into Thailand’s financial and tourism sectors. Former Prime Minister Thaksin Shinawatra has announced a bold attempt to establish Bitcoin as a cornerstone of Phuket’s tourism economy. His idea is to use crypto to draw tech-savvy visitors and maybe make Thailand a top digital financial center. Under Thaksin’s plan, Bitcoin could be included as a payment method for both visitors and local companies in a pilot program in Phuket. Underlining its potential to transform the world…
Is the U.S. Treasury about to hold Bitcoin? Lummis proposed a strategic Bitcoin reserve last year—now she says “Big things cooking.” What’s really on the table? Table of Contents Lummis puts Bitcoin on the big stage What’s cooking for Bitcoin in D.C.? The meeting that could change everything Lummis puts Bitcoin on the big stage Senator Cynthia Lummis has announced that she will be the co-host for Bitcoin (BTC) for America, an event taking place on Mar. 11 in Washington, D.C. I’m thrilled to announce I will be the honorary co-host for Bitcoin for America! I hope you tune in…
Hemi, the advanced blockchain platform to combine Ethereum and Bitcoin ecosystems, has announced its official launch date. As per Hemi, the platform will go live on the 12th of March, offering cutting-edge decentralized exchanges, liquid staking assets, vaults, dApps, oracles, and lending protocols. The platform revealed the date of its official launch on social media. 🗓️📢🗞️ — Today we are officially announcing the Hemi mainnet launch date: March 12!We are bringing Bitcoin & Ethereum together with dozens of protocols ready on Day One and $300M TVL already locked in.Here’s what’s coming 🧵👇https://t.co/qK8MW8xQcq1/7 — Hemi (@hemi_xyz) February 25, 2025 Hemi Schedules…
A widely followed crypto analyst is outlining when Bitcoin (BTC) could potentially reach its cycle peak. Pseudonymous crypto trader Inmortal tells his 221,700 followers on the social media platform X that it takes an average of 1,064 days for Bitcoin to rally from the bottom of the cycle to the top. Between the previous cycle’s top and a new cycle’s top, the analyst says it takes an average of 1,400 days. “If this cycle is similar, TOP will be between September – October 2025” Based on the analyst’s chart, it appears that the flagship digital asset reached this cycle’s bottom…
Last week, the cryptocurrency market was on the agenda with the Solana (SOL)-based memecoin LIBRA, which was allegedly a scam. While the LIBRA debate has been further fueled by the support of Argentine President Javier Milei, the US Department of Justice (DOJ) has taken action regarding LIBRA. According to local Argentine media Lanacion, the US Department of Justice has launched an investigation into the LIBRA token. According to the report, the DOJ investigation is investigating the role of other prominent figures in the crypto industry, such as Argentine President Javier Milei, Uniswap CEO Hayden Adams, and KIP Protocol co-founder Julian…
Terminus has partnered with Beeper to advance Web3 technology to make systems more accessible to users. Terminus works with Beeper to create simplified blockchain interactions that benefit users using different platforms. Through this collaboration, Beeper provides users with a simple Web3 platform through its natural language interface that allows them to execute blockchain transactions. Terminus uses this technology to improve its platform ecosystem through convenient and efficient crypto transaction features. 🌐 Exciting New Partnership! 🤝@terminus_pos is now partnering with @beeperfunThis partnership represents a shared vision to make crypto more intuitive, practical, and integrated into everyday life.Beeper is a cutting-edge Intent…