Author: NBTC
Ethena’s daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%. According to data from DeFi Llama, Ethena (ENA) rose through the ranks to become the third largest protocol by daily fees. In the past 24 hours, the Ethereum (ETH) -based decentralized stablecoin protocol has accumulated around $3.28 million. These fees were generated from the stablecoin USDE (USDE). According to data from crypto.news, USDE’s market cap stands at $5.4 billion. Meanwhile, its 24-hour trading volume has increased 23.6% from the previous day, reaching $63 million. The stablecoin has a circulating supply…
This is a segment from The Drop newsletter. To read full editions, subscribe. The Open Network, aka TON, made a splash with Telegram games and crypto integrations built on top, like with NOTcoin, which has seen over $1 billion in total volume traded since its launch. A TON app page lists over 570 different gaming-related TON apps, which is a staggering number for any chain. But are the games on TON any good — and where does the TON ecosystem go from here? “It’s been a hell of a ride,” Ivan Gusev, head of fun at TON NFT marketplace Getgems,…
OpenEden, a real-world asset tokenization platform, has announced integration with Chainlink, a well-known decentralized oracle ecosystem. The integration takes into account the adoption of the proof of reserve and Cross-Chain Token (CCT) standard of Chainlink for the $USDO stablecoin. The platform revealed this integration on its official X account. Tokenized RWA platform @OpenEden_X has officially adopted the Cross-Chain Token (CCT) standard to make its yield-generating USDO stablecoin natively transferable cross-chain via CCIP.https://t.co/dipcBVbb1TOpenEden has also adopted Chainlink Proof of Reserve for enhanced… pic.twitter.com/w6MMWU3Xwe — Chainlink (@chainlink) March 14, 2025 OpenEden Adopts Cross-Chain Token Standard of Chainlink for $USDO OpenEden is integrating…
Bitcoin’s price struggles to break $100,000 as resistance holds firm. Slower recovery rates show a loss of buying interest since early 2025. Speculative assets like Solana and meme coins are attracting more attention. Bitcoin’s immediate past performance has not displayed considerable upward momentum in the face of further positive news in the market: the chart reveals even longer-term consolidation, with price action largely stuck in between $90,000s and $100,000s. The resistance levels are currently limiting price action, as evidenced by repeated price rejection through $102,749. In the face of several positive developments and strong SPX (S&P 500) performance, Bitcoin has…
The Bitcoin ecosystem is rapidly growing as its cumulative TVL has reached $5.37B, with several DeFi protocols witnessing considerable rise in total value locked. As per the data from Phoenix Group, top DeFi protocols on the Bitcoin ecosystem in terms of TVL include Babylon, Lombard, and SOLV in the leading positions as of March 14th. The crypto data and analytics firm took to social media to share the list of top Bitcoin-based DeFi protocols. TOP 10 #TVL ON #BITCOIN#Babylon #Lombard $SOLV #exSat #Lorenzo #Lightning #tBTC #Coffer #b14g #Bedrock pic.twitter.com/lnIISJcpVN — PHOENIX – Crypto News & Analytics (@pnxgrp) March 14, 2025…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The White House crypto summit — not to be confused with the Blockworks Digital Asset Summit — dominated headlines on Friday. But as the dust settled over the weekend, crypto investors were left wondering what, if anything, was actually accomplished. The summit was closed-door, save for a 20-minute televised address from Trump and his top lieutenants. A quick note: The public portion of the afternoon inexplicably started with the unveiling of the 2026 World Cup trophy and remarks from FIFA president Gianni Infantino. We were just…
According to a Feb. 14 regulatory filing, the United States Securities and Exchange Commission (SEC) has acknowledged Cboe BZX’s request to list asset manager 21Shares’ XRP exchange-traded fund (ETF). Not to be confused with an actual XRP ETF approval, the acknowledgment is a sign of progress for US exchanges seeking to list ETFs containing spot XRP. The filing reads, “The Exchange proposes to list and trade the Shares under BZX Rule 14.11(e), which governs the listing and trading of Commodity-Based Trust Shares on the Exchange.5 21Shares US, LLC is the sponsor of the Trust (the “Sponsor”). The Shares will be…
Base has become Ethereum’s top layer two (L2) across several metrics and Base projects will now have access to onchain startup capital on Echo. Echo Hosts Coinbase Ventures’ New Base Ecosystem Group to Expand Crypto Development Projects building on Ethereum’s largest L2 network Base will now have access to early startup capital via the Echo platform thanks to the newly created Base Ecosystem Group announced by Coinbase Ventures on Thursday. Crypto thought leader Jordan Fish, more commonly known as, “Cobie,” launched Echo in March 2024 with the goal of democratizing early stage onchain investing. Token launches are notorious for giving…
Bitcoin’s social risk is at 0.223, showing lower sentiment volatility. A strong correlation exists between Bitcoin price rises and social risk spikes. Lower social risk suggests Bitcoin could remain stable or see future growth. Analyst Benjamin Cowen made a chart on February 18, 2025, which indicated the changes in the metric value of Bitcoin’s social risk over the years. This demonstrates the ways sentiment and public perception generate an impact on price movements. The data clearly shows that the social risk metric is inversely correlated with the price of Bitcoin; as the price of Bitcoin jumped sharply during bull runs,…
World Liberty Financial almost sold out WLFI tokens, but portfolio bleeds after Ethereum (ETH) crash
The Trump family fund, World Liberty Financial, is on track to sell out the last of the WLFI tokens. The second stage of the presale has to raise only $2M to close, opening up the next stage of the project. World Liberty Financial has almost finalized the last stage of its WLFI token presale. A little over 40M tokens remain, with a price tag of $0.05, awaiting inflows of just $2M. The fundraising remained relatively slow, as most of the buying was for retail amounts. The fund is closing its second presale, after previously placing another 25B tokens at $0.015.…