Author: NBTC

Galaxy has officially taken on the role of vault curator on Kamino, as reported by crypto commentator @solana. This strategic move positions Galaxy to manage two lending vaults, one in $USDC and another in $USDT. With over $7 billion in assets under management, this partnership could significantly influence liquidity and lending dynamics in the crypto market. You can read more about this development here. The Key Development The current crypto market is characterized by mixed signals, with various assets experiencing fluctuating momentum. Galaxy’s new role as a vault curator on Kamino is noteworthy, particularly given its substantial assets under management.…

Arthur Hayes, co-founder of the BitMEX cryptocurrency exchange, has continued his recent accumulation of Ethena ($ENA) tokens, purchasing an additional 269 $ENA worth approximately $246,000 two hours ago, according to blockchain tracking platform Lookonchain. This latest transaction extends a buying spree that has seen Hayes acquire a total of 1.174 million $ENA over the past four days, valued at roughly $1.02 million. Details of the Accumulation Lookonchain data reveals that Hayes has been consistently buying $ENA, with an average purchase price of $0.087 per token. The recent purchases suggest a deliberate accumulation strategy, though the exact rationale behind Hayes’s increased…

The stablecoin $EURC is now officially listed on the Arc platform, as reported by commentator @tokenterminal. This launch comes with a current market cap of $7 million. The introduction of $EURC on Arc is significant as it enhances the stablecoin landscape and could attract more users to the platform, facilitating greater liquidity. Inside the Move The broader crypto market is currently exhibiting mixed signals, yet the listing of $EURC on Arc has garnered attention. With a market cap of $7 million, $EURC aims to carve out its niche within the competitive stablecoin sector. This launch not only aligns with the…

Bitcoin may keep sweeping liquidity across its range, with another move toward $67,000 and possibly $74,000-$76,000 still in play. However, both charts warn that the rally could fail and send $BTC toward $55,000 or the low-$50,000 area before a larger recovery. Bitcoin Midterm Pattern Points to a Rally, Crash, Then New Highs Bitcoin could stage a recovery into the 2026 U.S. midterm elections before suffering a sharp post-election decline, according to Castillo Trading. The projected path then shows $BTC recovering from the low-$50,000 area and eventually moving toward new highs. $BTC 12-hour chart. Source: Castillo Trading/X. The chart places Bitcoin…

Copper has made significant strides in the cryptocurrency lending market by partnering with Two Prime to bring its institutional bitcoin lending capabilities on-chain. This initiative is crucial as it utilizes the Axiom WBTC Yield Vault on Pareto, providing robust infrastructure to safeguard assets. The move indicates a growing trend toward institutional adoption of crypto lending solutions, as outlined in their announcement. The Key Development The cryptocurrency market is currently reflecting mixed signals, yet Copper’s collaboration with Two Prime could shift dynamics in institutional lending. By integrating Two Prime’s established track record with ICE Digital Trust’s secure infrastructure, this partnership aims…

TermMax, a fixed-rate lending protocol developed by Term Structure Labs, announced on Aug. 26 that it has secured a strategic investment from YZi Labs, formerly known as Binance Labs. The company did not disclose the investment amount, but the funding is part of a broader partnership that includes TermMax’s selection for YZi Labs’ ‘E이지 레지던시 시즌 3’ program. Strategic backing and early investors TermMax has raised more than $8 million to date, with key early investors including Cumberland DRW, which led its 2023 seed round, as well as HashKey Capital, Decima Fund, Longling Capital, and MZ Web3 Fund. This new…

A wallet associated with the World Liberty Financial team has deposited 170 million $WLFI tokens, worth approximately $9.17 million, into Binance, according to on-chain data tracked by Onchain Lens. The transaction was detected on-chain and marks the second similar transfer from the same address to the exchange within the past month. On-Chain Data Reveals Pattern The wallet address in question sent 170 million $WLFI to the same Binance deposit address 29 days earlier, indicating a recurring pattern of transfers. While the exact purpose of these deposits remains unclear, such moves often precede token sales or liquidity provisioning. Onchain Lens reported…

Pyth Network has announced the addition of Anthropic and OpenAI as Pyth Indices, marking the introduction of the first pre-IPO names on its platform. This expansion, shared by the Pyth Network Twitter account, allows for real-time data updates, which could significantly enhance trading strategies. As the crypto market evolves, such developments are crucial for traders seeking timely information. The Latest The broader crypto market is experiencing mixed signals, with varying momentum across major assets. In this context, the introduction of Anthropic and OpenAI as Pyth Indices could provide traders with valuable insights and data. Real-time updates from these pre-IPO companies…

“This week we have seen some large blocks in $BTC topside call spreads,” Jean-David Péquignot, chief commercial officer at Deribit, told CoinDesk. Options flow of this size and repetition often reflects institutional positioning rather than retail activity, given the capital required and the precision of the strike selection. The timing is notable for two reasons. First, it suggests confidence in bitcoin’s recent bounce to $64,000 from under $58,000 earlier this month. More importantly, the trade targets the July 31 settlement, two days after the Federal Reserve’s July 29 interest rate decision. The call spread flow suggests that at least some…

Reserve Protocol has made its AI DTFs available on the 1inch dApp and Wallet, live on the BNBCHAIN. This launch allows users to trade a basket of tokenized stocks, such as PHOTON and BUILDOUT. As a result, traders now have broader options for diversified investing, which could attract new users to the platform. More details can be found in this tweet. What Went Down The integration of Reserve Protocol’s AI DTFs into the 1inch platform signifies a strategic move to enhance trading options for users. With the current crypto market showing mixed signals, this may provide a new avenue for…