[ad_1] The cryptocurrency market, along with traditional stock markets, experienced a significant downturn in the first quarter of 2025. This market downturn is attributed to both trade war fears and diminished user sentiment, as indicated by the declining net unrealized profit/loss. BTC Dominance Rises After ending 2024 on a high note, the cryptocurrency market took a hit in the first quarter of 2025, with bitcoin ( BTC) ending March nearly 12% lower than its Jan. 1 price of approximately $93,500. However, when contrasted with its Jan. 20 peak—Donald Trump’s inauguration day—of just over $109,000, BTC’s value at the end of…
Author: NBTC
[ad_1] Steer Protocol is excited to announce its groundbreaking partnership with Kima Network to redefine the future of cross-chain financial operations. This alliance strives to tackle DeFi’s most addressed issue across blockchain networks and ensure secure and seamless stablecoin swaps across multi-blockchains. The decentralized finance (DeFi) landscape experiences the challenge of achieving decentralized interoperability that is truly secure and seamless. Through this partnership, both entities aim to introduce complementary and powerful technologies. In this way, the collaboration strives to build a major step forward across the infrastructure of decentralized finance (DeFi). In DeFi strategies, the Steer Protocol is an automated…
[ad_1] Ethereum has re-entered a multi-year trading range, showing continued weakness with no signs of bullish momentum. With price now hovering near the channel midpoint, technical indicators suggest the potential for a full rotation back to the range low — a level that could trigger either a major bounce or historic breakdown. Ethereum’s price action (ETH) is flashing serious warning signs as it struggles to hold any bullish structure after falling back into a critical multi-year trading range. Since its rejection from higher levels, ETH has followed a textbook bearish pattern: re-entry into the range, a bearish retest, and now…
[ad_1] Tron leads April 2025 blockchain revenue with $11.2M, driven by high user activity. Ethereum dominates TVL but lags in revenue due to lower daily active addresses. Solana records highest user activity, while Base and Arbitrum show rising revenue potential. According to newly released data from Phoenix Group, Tron posted the highest blockchain revenue in April 2025, pulling in $11.2 million over the month. The earnings positioned Tron at the top of the revenue chart and highlighted growing disparities between high-activity chains and those with larger total value locked (TVL). While Ethereum continues to dominate TVL, its revenue performance fell…
[ad_1] Bitcoin’s DeFi ecosystem may finally be ready to take on the big players, as a new project leverages Bitcoin’s inherent security. Bitcoin’s DeFi ecosystem has gained a new player, Babylon, that could shape its future. In a recent report, Nansen called the project potentially one of the most undervalued plays on Bitcoin’s DeFi ecosystem. Critically, Babylon enables users to earn staking rewards in Bitcoin terms without relying on wrapped assets or cross-chain bridges. In doing so, the protocol leverages Bitcoin’s inherent security and decentralization, offering a safer and more native alternative for staking. You might also like: Bitcoin DeFi…
[ad_1] 3iQ Corp. has tapped Figment as the primary staking provider for its new Solana Staking ETF (TSX: SOLQ), which officially launches on the Toronto Stock Exchange on Wednesday at 9:30 AM EST. The announcement represents the first product of its kind in North America to incorporate native Solana (SOL) staking rewards into an exchange-traded format. SOLQ gives investors regulated, exchange-traded access to Solana’s native staking yield, traditionally reserved for crypto-native users who either run validator nodes or delegate tokens to existing validators, without the complexity of self-custody or direct protocol interaction. Figment, a longtime Solana ecosystem player and one…
[ad_1] As Bhutan battles youth migration and economic strain, its prime minister says Bitcoin mining offers a path forward, and others should follow. Bhutan, a Buddhist kingdom on the eastern edge of the Himalayas known for its monasteries, seems to be placing a strong bet on Bitcoin (BTC) as a possible way to ease its economic problems despite the notorious risks linked to the cryptocurrency’s price swings. In an interview with Al Jazeera, Bhutanese prime minister Tshering Tobgay called state-backed Bitcoin mining “a simple strategic choice that many people have made and earned billions of dollars,” adding that “governments should…
[ad_1] The Graph, a web3 protocol for organizing and accessing blockchain data, has enhanced its indexer compatibility to incorporate the Metis Andromeda Layer 2 network. The integration means that developers who are using Metis for development will be able to interact with Subgraph Studio to query on-chain data in real time. It also helps in expanding various structures for the processes of decentralized applications (dApps) to become easier and more efficient in terms of data demands. The @graphprotocol is now indexing Metis Andromeda 🌿With Subgraph Studio support, querying real-time blockchain data on Metis became much easier.Whether you’re building Dapps, AI…
[ad_1] MEGX, a well-known platform providing AI-led trading bots, has officially collaborated with Rabbit, a rapidly advancing DeFi platform with a community-focused and secure ecosystem. The partnership aims to boost the DeFi sector with the addition of AI-driven trading bots. The platform disclosed this mutual endeavor in its recent X post. MEGX x Rabbit – Hopping Into Smarter DeFi!@therabbit_io delivers a growing suite of decentralized, audited services designed to empower DeFi projects and reward communities. 🐇💡With MEGX joining the journey, we’re unlocking new possibilities for flexible, secure, and… pic.twitter.com/gD7koiGVSc — MEGX – AI-Powered Trading Bots for DeFi (@megxio) April 14,…
[ad_1] This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Pipe Network, a decentralized infrastructure project from Permissionless Labs, is publicly spotlighting its verifiable access to Solana snapshots through its decentralized CDN in a new case study. According to internal performance benchmarks provided to Lightspeed, usage points to 30% faster node initialization and far lower infrastructure costs. Pipe also reports handling approximately 100 TB of snapshot traffic daily, 700 TB weekly, and around 3 PB per month. For context, Solana node operators collectively share an estimated 7–14 PB of snapshot data monthly to help validators and…