Author: NBTC
Raydium’s dominance in Solana-based memecoin trading has increased to 83% over the past three months, even as overall memecoin market activity declined. According to Memecoins in Q1 2025 report by CEX.io, Raydium has seen its memecoin trading volume surge to 83% despite the contraction in the overall memecoin market activity and market cap. Memecoins were riding high on speculative momentum in January following high-profile political launches like the Trump (TRUMP) and Melania (MELANIA) tokens. At their peak, memecoins accounted for 11% of total crypto trading volume on Jan. 20, the CEX.io report noted. However, by April 1, the memecoin market…
Bitcoin is touted as a decentralized alternative to traditional financial markets. However, now that institutions and governments have embraced it, the largest cryptocurrency by market value has been tracking Wall Street, reacting like a volatile tech stock—influenced by interest rate shifts, tariffs, inflation data, and Federal Reserve remarks. On Thursday, Barstool Sports founder Dave Portnoy asked the question many investors are asking: Is Bitcoin truly independent from the stock market? “If the point of Bitcoin is to be independent of the US Dollar and non-regulated, why does it basically trade exactly like the US stock market nowadays?” Portnoy wrote. “Market…
DeFi’s TVL has decreased by more than 30% from its ATH of $137 billion noted in December 2024 to the current low of $94.65. That is according to the latest data shared today by crypto analyst Satoshi Club. The drop in TVL in DeFi is a reflection of the current market turbulence and global economic uncertainty. 🚨 DeFi’s TVL dropped over 30% since December’s $137B peak, now at around $94.5 billion. pic.twitter.com/a1ct1XhQZ1 — Satoshi Club (@esatoshiclub) April 5, 2025 Why DeFi TVL dropped to $94 billion As per today’s metrics from Satoshi Club, DeFi’s TVL hovers at $94.65 billion, after…
Blockchain behemoth has unlocked three batches of XRP just now, triggering a heated discussion within the crypto community. One billion XRP has been released two days later than usual, and after locking hundreds of millions of XRP in escrow. 1 billion XRP leaves Ripple escrow Whale Alert, which monitors large cryptocurrency movements and reports them through its website and the X handle, has spotted three hefty crypto transactions, each carrying hundreds of millions of XRP. Whale Alert published these X posts one after another. According to them, Ripple released 500,000,000 XRP from escrow, an astonishing $1,020,192,378 worth of crypto. This…
Unicoin co-founder Alex Konanykhin wants to get off the SEC’s enforcement list as the regulator retreats from an aggressive crypto stance under the previous Biden administration. “We would like to be next,” Konanykhin wrote in a Miami Herald op-ed, pointing to the dozen other crypto companies already freed from SEC investigations and lawsuits. The SEC’s pivot from “regulation by enforcement” to a more industry-friendly approach has seen cases against major players like Coinbase, Binance, Ripple, and Kraken terminated over the past few weeks, with other cases either being dropped entirely or seeing probes paused. When the SEC began investigating and…
Terminus, a well-known decentralized crypto exchange operating on the TON blockchain, has recently started a new partnership with Velo, a prominent blockchain innovator bridging TradFi and DeFi. The collaboration aims to integrate the native token of Velo into the cutting-edge payment infrastructure of Terminus to offer real-time and secure payments via crypto assets within the APAC (Asia Pacific) region. The platform revealed this development on its official social media account on X. Terminus x Velo Partnership Is Here 🔥🤝We’re thrilled to announce our partnership with Velo @veloprotocol to bring QR-code payment solutions to the APAC region. This collaboration integrates Terminus’…
According to new data from Arkham Intelligence, three major Bitcoin ETF issuers are acquiring huge amounts of BTC today. The ETFs had $220 million in net inflows yesterday, and the issuers are potentially expecting a spike in demand. Although Bitcoin has seen wild fluctuations over the past couple of days, institutional investors might show more confidence in the leading cryptocurrency than the TradFi market. Why are ETF Issuers Buying Bitcoin? The crypto market experienced wider liquidations today, and fears of a broader recession are circulating heavily. Since President Trump imposed much higher tariffs than expected, crypto is mirroring the TradFi…
Data reveals heavy retail XRP selloffs and high bot activity on Korea’s largest exchange, Upbit, as broader bearish pressure mounts. XRP has been struggling to maintain the $2 mark, facing resistance at $2.5 as the broader crypto market remains uncertain. Interestingly amid this bearishness, data from the South Korean exchange Upbit shows that retail selloffs might be contributing to the downward push. Upbit’s Role in XRP Market Activity In a recent analysis, market commentator Dom highlighted trade patterns over a seven-day period, exposing a high level of retail selling and bot-driven activity that might have influenced XRP’s market performance. Dom…
The long-running legal saga between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has finally reached a conclusion, with both parties agreeing to a settlement that has left the cryptocurrency community excited. Ripple has agreed to pay a reduced fine of $50 million, slashing the original $125 million penalty. In return, the SEC will request Judge Analisa Torres to lift the “obey the law” injunction, which had forced Ripple to register future securities sales. Yet, despite this monumental win, XRP’s price has remained oddly stagnant, defying expectations of a post-settlement surge. This has left the XRP community in…
Web3 banking firm Vaulta has announced a strategic partnership with digital asset provider VirgoCX Global Holdings to launch VirgoPay. VirgoPay will be a cross-border remittance network that integrates stablecoins to reduce transfer fees and speed up transactions. Set to launch in May, VirgoPay will use Vaulta as its default settlement layer, enhancing the reliability and efficiency of international payments, according to a release shared with crypto.news. VirgoPay will allow users to fund transfers through traditional payment methods—such as bank transfers, e-transfers, and card processing—or directly via crypto wallets. Stablecoins will serve as an intermediary, enabling near-instant transactions and reducing fees…