Author: NBTC
The stablecoin economy expanded notably in March, posting a 4.52% increase over the month. Roughly $10.148 billion flowed into the fiat-pegged sector during the 31-day stretch. March Stablecoin Boom The stablecoin sector has maintained its upward momentum, expanding 15.57% since the beginning of the year with an infusion of $31.590 billion. March alone accounted for 32.13% of that total, as $10.148 billion entered the stablecoin space during the month. As of Tuesday, April 1, 2025, the sector is valued at $234.468 billion, based on data from defillama.com. Tether ( USDT) remains the dominant force among stablecoins, leading both in trading…
THORChain node operators have approved a restructuring plan allowing it to convert its $200M debt into equity tokens. The move is aimed at stabilizing THORChain’s operations by addressing its liabilities. THORChain (RUNE) price rose 13.7% after the news but remains down 72.7% over the past month. THORChain node operators have approved a restructuring plan proposal that will see a decentralized liquidity network convert a $200 million debt into equity tokens. The approval will allow THORChain to address its financial liabilities, stabilize operations, and restore confidence among its users. The restructuring proposal, dubbed “Proposal6,” the plan, arose after THORChain decided to…
Ethereum whales accumulated more than 130,000 ETH on Wednesday as the second-largest digital asset fell below $1,800, its lowest level since November 2024, according to IntoTheBlock’s report. Ethereum whales are buying the dip, with the largest $ETH wallets adding over 130k ETH to their wallets yesterday pic.twitter.com/hLbDhO3Z6n — IntoTheBlock (@intotheblock) April 3, 2025 Ethereum is currently trading at around $1,700, down 6% in the last 24 hours, per CoinGecko. The asset concluded Q1 2025 with a 45% decline, marking one of its worst quarterly performances. The recent price drops are heavily tied to macro uncertainty fueled by US trade tariffs.…
While Bitcoin and other top cryptocurrencies bled or consolidated following recent tariff news, the token for blockchain game project Big Time (BIGTIME) surged over 60% in recent hours. A significant portion of its trading volume (37%) is concentrated on South Korea’s Upbit exchange, with 18% on Gate.io. At press time, the coin traded near $0.60. Binance ‘Vote to List’ Inclusion Seen as Catalyst One likely reason for Big Time’s surge is its inclusion in Binance’s latest “Vote to List” event. Big Time confirmed on X its participation, allowing Binance users to vote for projects they want listed. This is the…
Analytics firm Elliptic has announced the integration of Layer 1 blockchain MANTRA into its comprehensive suite of compliance verification and investigation solutions. The integration unifies blockchains into a single financial network that is monitored in real-time, making the MANTRA blockchain available to over 500 major financial institutions through Elliptic’s suite of products. Elliptic’s technical expertise enables blockchains like MANTRA to be quickly connected, providing access to AML solutions in as little as 45 days. As more blockchain funds integrate with Elliptic, the availability of crypto ecosystem data expands — an important step in maintaining a safe and transparent industry. One…
Bitcoin and the broader crypto market faced renewed selling pressure on Tuesday as global trade tensions intensified. After the U.S. imposed 10% tariffs, China retaliated with an anti-trust investigation into Google and new tariffs on coal, crude oil, and farm equipment. BTC initially rebounded to $100,000 when the U.S. delayed tariffs on Mexico and Canada but quickly dropped to $98,000 following China’s countermeasures. Crypto Volatility Persists According to QCP Capital X post, the crypto markets remain highly volatile, reacting sharply to geopolitical developments. Min Jung, a research analyst at Presto Research, said that even though Bitcoin is compared to ‘digital…
The crypto economy climbed Tuesday, mirroring gains in equities, as markets moved in anticipation of President Donald Trump’s tariff blueprint, an event many have dubbed “Liberation Day.” Wall Street and Crypto Align Ahead of April 2 Trade Shake-Up Each time Trump introduced a new tariff idea during his tenure as the 47th U.S. president, financial markets responded with sharp volatility. On the eve of Trump’s mega tariff rollout, major U.S. benchmark indices, along with the “Magnificent Seven” stocks, rebounded after a four-day rout. Bitcoin ( BTC) also gained ground, reaching $85,496 per coin by afternoon trading. The broader crypto market…
Today the nation’s first free phone plan on a 5G network has been revealed by Helium Mobile. The network provider is owned and operated by individuals, meaning—it says—it can give back to its users in ways that corporations may not be able to. The new “Zero Plan” costs nothing and gives users 3GB of data, 300 texts and 100 minutes of calls to use each month, for free. Since high demand is expected, there is a waitlist for this new service, which is now open to join. So is there really no catch to this? That’s what the company says.…
Ethereum (ETH), which has recently seen weak price performance and ongoing retracement with little bullish momentum, is now drawing renewed interest from major institutions. This Ethereum news has set out to push bearishness in the market. While retail investors have shifted to faster and more affordable alternatives like Solana ($SOL) and Base, large institutions remain confident in Ethereum. This trend shows that Ethereum is still a critical player in managing significant real-world assets (RWAs), despite its challenges. Ethereum’s Role in Institutional Investment Ethereum’s importance in the financial world is clear. Over 53% of all real-world assets are currently held on…
U.S.-based crypto exchange Kraken has reportedly joined forces with regulated British full-service clearing bank ClearBank to offer pound-based services for clients in the U.K. British bank ClearBank has expanded its role in the crypto market by partnering with U.S. exchange Kraken to provide GBP clearing services for Kraken’s U.K. clients, following the exchange’s recent acquisition of an EMI licence through its entity Payward Services. According to an April 3 press release, ClearBank will be Kraken’s primary U.K. bank, having previously supported Crypto Facilities Limited, an FCA-regulated investment arm of the Kraken Group, with client money accounts. ClearBank’s chief customer officer…