Author: NBTC
Bitcoin’s long-term holder Net Unrealized Profit/Loss data shows that Bitcoin’s market structure is perfectly aligned with previous cycle tops. According to historical trends, BTC price usually goes through an entire cycle market and peaks simultaneously with previous bull market highs. In past cycles, the NUPL metric, which measures how profitable long-term holders have been, has repeatedly seen almost the same levels of overvaluation just before significant corrections. Glassnode data shows that in the past, Bitcoin’s NUPL has often predicted euphoric phases. These correlated with the cycle tops of June 2011, April 2013, November 2013, December 2017, and April 2021. Once…
As Javier Milei’s Libra fiasco drives industry-wide reflection on meme coins, the epicenter of Solana’s so-called casino, Pump.fun, has shown signs of cooling off. Since the Argentine president endorsed the LIBRA token on Friday, Pump.fun’s daily volume—which includes purchasing and trading newly minted tokens—has fallen 27% from $184 million to $134 million as of Tuesday, according to a Dune dashboard. The platform that lets anyone, even children, launch a meme coin easily on Solana has become emblematic of crypto’s latest craze. Over the past year, some of the largest meme coins have been launched on Pump.fun, including Michi (MICHI), Billy…
Hibit has integrated support for the Neo X EVM sidechain into its non-custodial exchange, enabling trading and permissionless token listings for Neo X assets. Additionally, users can participate in a DecentraMind community campaign to compete for rewards. Hibit is an L1 public blockchain designed for omni-chain interoperability, initially launched within the TON blockchain ecosystem. Its architecture supports networks such as Ethereum, Sui, Bitcoin, NEAR, Avalanche, Cosmos, and Polkadot. Hibit aims to redefine DeFi by offering effortless, secure, and cost-efficient trading, integrating AI-driven automation with DeFi. The Hibit non-custodial exchange allows any entity to list tokens on the platform and offers…
Courtyard’s digital trading platform on Polygon saw $42.66M in transactions, with Pokémon cards accounting for $24.84M of total sales. Over 11,000 users own digital Pokémon NFTs, reflecting Courtyard’s role in Polygon’s expanding presence in real-world asset tokenization. Courtyard, a digital card trading platform based on the Polygon network, has experienced a massive sales increase. With Pokémon cards taking center stage, the platform has seen $42.66 million in transactions in the past month. Of that overall, Pokémon card collections made up $24.84 million—more than half of the whole, according to Dune. This not only shows Polygon’s place in the world of…
Following Coinbase’s announcement of the listing for the Base ecosystem’s AI Agent token, CLANKER, the market value of $CLANKER has surpassed $60 million. The token’s price is currently at $62.70, reflecting a 74% increase in just 24 hours. Coinbase Listing Effect: $CLANKER Surges Assets added to the roadmap today: tokenbot (CLANKER)https://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️ (@CoinbaseAssets) February 19, 2025 At the time of writing, CLANKER is trading at $63.76, having surged by 59.95% in the past 24 hours. Its market cap has also risen by 60.08%, reaching $63.76 million. Courtesy: Coinmarketcap This growth is fueled by CLANKER’s 24-hour trading volume…
Leading cryptocurrency exchange Binance has announced that it has added five new trading pairs to its spot trading platform, further increasing the variety of assets available to traders. Binance Expands Trading Options with New USDC Pairs and Trading Bots Starting at 11:00 AM on March 13, Binance users will be able to trade the following pairs: CVC/USDC (Civic – USD Coin) EURI/USDC (Euro Coin – USD Coin) SYN/USDC (Synapse – USD Coin) USDC/RON (USD Coin – Romanian Leu) VELODROME/USDC (Velodrome – USD Coin) In addition, Binance will also enable Trading Bots services for these pairs. Trading bots allow users to…
Pump.fun, the Solana-based meme coin launchpad, deposited 65,122 SOL ($11M) adding to its substantial exchange activity. According to a Feb. 20 X post by on-chain analytics firm Lookonchain, the platform has now transferred 2.35 million Solana (SOL) ($473 million) to Kraken and sold 264,373 SOL for $41.64 million USDC, while its total earnings stand at 2.93 million SOL ($515 million). Pumpfun(@pumpdotfun) deposited 65,122 $SOL($11M) to #Kraken again 5 hours ago.So far, #Pumpfun has deposited 2,345,499 $SOL($473M) to #Kraken and sold 264,373 $SOL for 41.64M $USDC.#Pumpfun has earned a total of 2.93M $SOL($515M).https://t.co/nV7J1QSFQX pic.twitter.com/vBY52JM8Fd — Lookonchain (@lookonchain) February 20, 2025 Pump.fun’s…
Decentralized perpetual contracts trading platform dYdX has updated its near-term roadmap which details improvements focused on enhancing speed and user experience as well as rollout of new trading features. According to its near-term (next two months) roadmap update, dYdX (DYDX) plans to improve its website stability during periods of high trading activity by reducing downtime, stale data, and throughput constraints. Additionally, the platform will make both the deposit and withdrawal process easier and faster, enabling users to access their funds on the dYdX Chain in less than a minute, compared to the typical18+ minute wait. The website’s front-end interface will…
Bitcoin Price Begins to Climb Higher The cryptocurrency market is witnessing a slight yet noticeable uptrend, with Bitcoin price gaining 1% in the past 24 hours. While this might not seem like a massive move, it signals a potential shift in momentum. The entire crypto market is up by more than 1%, suggesting that a short-term rally could be in play. BTC/USDT 1-day chart – Bitget Over the past week, Bitcoin has shown resilience, rising 1.2% and reaching a current price of $97,200. With a market cap of $1.927 trillion, BTC remains the dominant force in the digital asset space.…
LayerZero, the bridging protocol that allows different crypto networks to communicate with each other, plans to connect to Bitcoin sidechain Rootstock in what would be its first integration with the world’s original blockchain. Rootstock aims to end Bitcoin’s “isolation” from other blockchains due to its lack of native smart contracts, a barrier that LayerZero is able to address, according an emailed announcement shared with CoinDesk on TK. The Bitcoin blockchain lacks the functionality to offer smart contracts that other blockchains have and which are fundamental building decentralized finance (DeFi) services. This lack of provision for DeFi on Bitcoin, which holds…