Author: NBTC

Digital assets firm Grayscale has disclosed that blockchain applications generated $2.6 billion in revenue in the first quarter of 2025. The research, which provided insights into the crypto industry performance for Q1, noted that this increase happened despite the 18% decline in its Crypto Sectors price index. According to the report, which relied on data from Artemis, blockchain-based applications were the biggest fee generator in Q1. The $2.59 billion in fees that these applications pulled in Q1 alone is more than total fees in 2023 and represents a 100% year-over-year (YoY) increase while being 11.7% higher than the previous quarter.…

DefiLlama on-chain data has revealed a dwindling in multiple metrics on the TON blockchain, raising speculations that the blockchain and some of its decisions are risking its hold in the crypto and blockchain industry. Some of the metrics dropping as per DefiLlama data include total value locked, app revenue, Toncoin’s price, the project’s market cap, unique daily active addresses, and DEX trading volume. The blockchain, which is best known for its tap-to-earn Telegram games, reached an all-time peak after Hamster Kombat’s launch. The game attracted over 100 million new users to the blockchain, increasing its daily active addresses. TON had…

WASHINGTON, D.C. — World Liberty Financial (WLFI), the financial protocol backed by President Donald Trump and his family, pitched its own stablecoin at a Washington crypto event on Wednesday, where lawmakers also attended to give the industry updates on their progress with U.S. policy efforts. Behind the three co-founders of WLFI, Donald Trump Jr. connected via video, delivering some general cheerleading to the digital assets technology underpinning the business. “I’m just super excited about what this can mean for the future of banking, for the future of the financial systems,” Trump said. “I was sort of the beneficiary of the…

Bitcoin has been struggling to reclaim the $100K mark, facing intense volatility and selling pressure since the weekend. The market remains uncertain as bulls attempt to defend key support levels while bears push for a deeper correction. Despite this, Bitcoin continues to show resilience, holding above crucial price zones that could determine the next big move. Top analyst Axel Adler shared key insights on X, revealing that as of February 6, 2025, the most critical support level for BTC is at $90.6K, based on the Short-Term Holder (STH) Realized Price metric. Additionally, another major support level is found at $97.2K,…

Rosenblatt analysts believe that Coinbase is successfully mitigating the impact of weaker trading volumes by capitalizing on the rapid expansion of stablecoins—particularly USDC. Stablecoins, digital assets designed to maintain a fixed value—often pegged to the US dollar—have seen remarkable growth over the past year. According to CryptoQuant, the total market capitalization of dollar-backed stablecoins has surged by over 46%, reaching record highs in 2024. Rosenblatt advises purchasing the Coinbase dip, pointing to the USDC stablecoin’s growth Trading volumes have declined in cautious market conditions, with March’s daily average now 20% below February’s, despite a 10% increase just two weeks ago.…

Market conditions have positioned $TAO, $FET, $PAAL, $ZIG, and $RIO at key levels, potentially signaling upcoming trends. Each token demonstrates innovative applications within blockchain, AI, and decentralized finance, adding value to their respective sectors. Investors and analysts are closely monitoring these assets as potential opportunities for portfolio growth and diversification. The cryptocurrency market maintains its price volatility but certain digital assets currently lie at entry-level price conditions that make them attractive for investors. Five tokens namely $TAO, $FET, $PAAL, $ZIG, and $RIO appear to have reached important price levels based on recent market behavior. $TAO: A Phenomenal Asset in the…

The DeFi Education Fund and leading crypto companies have called out the U.S. Department of Justice for its “unprecedented and overly expansive” interpretation of criminal code that has been used to define crypto firms as unlawful money transmitters. In a letter signed today and addressed to leaders of the House and Senate Committees on Banking and Judiciary, and the House Committee on Financial Services, the DeFi Education Fund said that the DOJ’s position, which first appeared in 2023, “threatens the viability of U.S.-based software development in the digital asset industry and other industries.” The letter was signed by 34 companies,…

Cryptocurrency analytics firm Alphractal has released a critical update on Bitcoin’s leverage risks, sharing two potential price scenarios in the near term. According to Alphractal, Bitcoin can do one of the following: It may exceed $111,000 to liquidate short positions opened since December 2024. It may fall below $80,000 to liquidate long positions opened since November 2024. The company’s data shows that based on Total Liquidation Levels over the past six months, there are twice as many long positions that have not yet been liquidated as short positions, explaining why investors face greater losses during market declines than during price…

According to a latest Bloomberg report, U.S. President Donald Trump has announced a 25% tariff on all non-U.S. manufactured cars. This is a move to boost American manufacturing with cars built in the U.S. being exempt. This is part of his larger plan to adjust trade relations, with more tariffs set to roll out on April 2, dubbed “liberation day.” “What we’re going to be doing is a 25 per cent tariff on all cars that are not made in the United States. This will be permanent,” Trump said from the Oval Office. “We start off with a 2.5 per…

io.net, a well-known decentralized computing ecosystem for developers, has announced an exclusive partnership with Orbit, an advanced AI-driven platform to streamline blockchain interactions. The collaboration targets to enhance the interaction of AI agents on decentralized GPU ecosystems within the blockchain sector in terms of transparency. The platform took to social media to reveal this development. .@orbitcryptoai and @ionet are working together to make AI actions on the blockchain more transparent. This means AI agents can run on decentralized GPUs, and their decisions will be logged for future reference.A big step toward secure and automated finance! https://t.co/wfiowjzB43 — io.net (@ionet) February…