Author: NBTC
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. The Solana X mob was awakened after Avara CEO Stani Kulechov accused the Solana DeFi project Kamino of copying Aave’s tech — on top of having a “half-baked” UI, among other things. Kulechov’s remarks set off a round of snipes on Crypto Twitter, but while his Kamino criticism may have been overplayed, his sentiment did touch on a real trend outside of the borrow-lend world. As Solana’s tech matures, some founders are starting new businesses based on old ideas that weren’t formerly feasible. The chain’s fundamentals —…
Following the surge of meme coin activity on BNB Chain, Binance founder Changpeng Zhao (CZ) has sent out a clear warning to the community stating that perpetuals on BSC chain might be a source of high risk and volatility. His remark coincides with a surge in activity around meme coins on the BNB Smart Chain (BSC), where conjecture is quickly escalating. Tokens based on BNB Chain are currently being traded with up to 25x leverage. Previous speculative cycles, in which sharp increases were followed by equally quick corrections, are somewhat similar to the current trend of rising meme coins. Perps…
Fold recently announced it will launch its Bitcoin Rewards Credit Card in partnership with Visa. 📣 Introducing the Fold Bitcoin Rewards Credit CardIt pays to be a Fold+ Credit Cardholder☑️2% Unlimited Bitcoin Rewards☑️Up to $250 Welcome Bonus☑️Free Metal CardJoin and climb your way to the top of the waitlist. $200,000 of prizes await!Sign-up link and blog 👇 pic.twitter.com/kSrvKAgXQA — FOLD BITCOIN (@fold_app) February 11, 2025 Rewards for the card will vary depending on Fold membership level. Fold+ members will earn 2% back in bitcoin rewards and up to $250 in bonuses that will be paid out for hitting specific activity…
Ethereum (ETH), the world’s second-largest blockchain by market capitalization, has seen its quarterly transaction fee revenue drop dramatically by approximately 95% from its all-time high in Q4 2021. This decline can be primarily attributed to a decrease in Layer 2 contributions, coupled with a significant dip in activity within the non-fungible token (NFT) market. What’s Driving the Drop in Ethereum’s Transaction Fee Revenue? Token Terminal highlighted this shift in the latest X (formerly Twitter) post. Based on their estimate, Ethereum’s transaction fee revenue for Q1 2025 is projected to reach approximately $217 million. Ethereum Transaction Fee Revenue. Source: X/TokenTerminal This…
Cardano’s PoS model & dApps adoption make ADA a top contender for profitable crypto investments in 2025. B3’s Layer 3 gaming ecosystem unlocks cross-game assets & lower fees, making $B3 a strong pick for Web3 gaming investors. Rocket Pool’s liquid staking model offers ETH rewards with security & decentralization, making rETH a solid 2025 investment. As crypto markets evolve, investors seek assets with high growth potential. Cardano, B3, and Rocket Pool stand out as top contenders for 2025, offering innovative solutions in smart contracts, gaming, and staking. Cardano(ADA) Growth and Technological Advancements Cardano, a proof-of-stake blockchain platform, continues to expand…
Merlin Chain, a popular L2 solution for the Bitcoin ecosystem, has announced an exclusive collaboration with Hemi Network, the layer-2 chain merging the strengths of Ethereum and Bitcoin. The partnership focuses on improving the yield opportunities and liquidity within the Bitcoin ecosystem. The platform disclosed this mutual endeavor in a recent X thread. 🚀 Merlin Chain x @hemi_xyz 🚀We’re thrilled to announce a strategic collaboration between Hemi and @MerlinLayer2 to bring M-BTC to the Hemi Network!💧By bringing M-BTC to Hemi, we’re unlocking expanded yield and liquidity opportunities for Bitcoin holders on both networks.… pic.twitter.com/benP0wv3vE — Merlin Chain (@MerlinLayer2) March 23,…
Yet another documentary promising to unmask the pseudonymous Bitcoin inventor Satoshi Nakamoto has been unveiled. Channel 4, a British television station, says the “fun, journalistic, gonzo journey” aims to determine who Satoshi Nakamoto could be. It comes hot on the heels of a HBO program that attracted no shortage of criticism and derision among Bitcoiners. “Money Electric: The Bitcoin Mystery” had claimed that BTC Core developer Peter Todd was this cryptocurrency’s elusive creator. But that led to a blunt denial from Todd, with venture capitalist Adam Cochran accusing HBO of “shit journalism.” The Channel 4 show, which will initially launch…
Ethereum is currently attempting to recover after months of bearish pressure, but key resistance levels and liquidation dynamics suggest caution is still warranted. Technical Analysis By Edris Derakhshi The Daily Chart On the daily chart, ETH has managed to bounce from the $1,900 support zone and is now pushing toward the $2,200 resistance area. However, the asset remains well below the 200-day moving average, which is around $2,900, which continues to act as a major hurdle. The RSI is gradually climbing but still hasn’t entered overbought territory. Unless ETH decisively breaks above $2,400 and holds, the downtrend structure remains intact,…
MoonPay, a crypto payments company, secured a crucial $160 million in combined loans from Galaxy Digital and Ripple to sustain the surging demand and purchases of President Donald Trump’s official Solana meme coin, TRUMP, during the weekend of its launch. The trio’s collaboration, which was detailed by the MoonPay President Keith Grossman on the ”When Shift Happens” podcast, required MoonPay CEO Ivan Soto-Wright to “sign away his life” and the company to “promise” it had no liens on its reserve funds. “The volumes were just gigantic,” Grossman said, “All of the liquidity that we use to sort of wire the…
Merlin Chain, a Bitcoin Layer2 solution, has officially launched its AI assistant, Merlin Wizard 0.1, for providing natural language-based interaction and real-time user assistance. The new version integrates a comprehensive knowledge base that includes basic information about Merlin Chain, on-chain operations, ecological layout, and developer guidance. With its 24/7 support capabilities, Merlin Wizard aims to lower the entry barrier for users wishing to participate in the Bitcoin Layer2 ecosystem. Merlin Chain’s AI Venture for Bitcoin Ecosystem Merlin Wizard optimizes Bitcoin’s decentralized characteristics to ensure the availability of AI models and on-chain data, enhancing the overall user experience. Future versions of…