Author: NBTC
Decentralized exchanges (DEXs) are growing in popularity among crypto users. In the past year, DEXs have generated significant competition for centralized exchanges (CEXs) that currently control trading. In a conversation with BeInCrypto, industry experts from CoinGecko, Gate.io, and PancakeSwap said they expect DEXs to grow in 2025 but also suggested that CEXs will still be top contenders for newcomers. The Success of CEXs and DEXs Since the beginning of crypto trading, CEXs like Coinbase and Binance have dominated the crypto market. These exchanges currently amass over 300 million users combined, offering high liquidity, and serving as easy-to-use platforms for junior…
With Bitcoin—a 21st-century newcomer—at an all-time high and blockchain technology at a pivotal juncture, it’s an ideal moment to reflect on the roots of innovation. One story from British history comes to mind, illustrating ingenuity, adaptability, and the power of looking beyond traditional approaches. The following opinion editorial was written by Andrew MacKenzie, the Founder of Agant.io, a UK-based fintech company committed to advancing secure and transparent on-chain financial services. Agant is developing GBPA, a fully backed pound sterling stablecoin that combines open banking integration with robust UK regulatory standards. Andrew and his partners at Agant envision a platform built…
Bitcoin miners have been actively reducing their holdings in recent weeks as the coin’s price continues to hover below the critical $100,000 mark. At press time, the leading coin trades at $98,535, noting a 1% decline from its all-time high of $99,860 recorded during Friday session. As the BTC market begins to trend sideways, its miners may be prompted to further distribute their holdings for profit or to offset growing mining costs. Bitcoin Miners Sell Their Holdings According to CryptoQuant’s data, Bitcoin’s miner reserve has fallen to its lowest level since the beginning of the year. As of this writing,…
With the cryptocurrency bull market still on course, a seasoned analyst has asserted that Ethereum will disappoint this cycle. The crypto market has entered the last year of its bull cycle, renowned for massive upsides and a possible peak. Altcoins have benefited from this bullish scenario, led by the sector’s leader, Ethereum. Market expert Egrag Crypto has suggested that Ethereum will disappoint many this cycle. In a Wednesday post, he provided a detailed analysis of the asset’s expected performance, including price, market cap, and dominance peaks. Market Cap and Price Prediction Egrag dissected Ethereum’s market cap performance using Fibonacci levels…
In 2023, Protos interviewed Fabio Frontini, the fund manager of Malta-based Heka Funds. Heka is one of the biggest Tether whales, and with its Elysium Global Arbitrage Fund, it arbitrages tether (USDT) by buying and selling around its intended $1 peg. Protos recently interviewed Frontini again, this time about the latest developments in crypto, including the effect of MicroStrategy’s (MSTR) historic acquisition spree of 447,470 bitcoins (BTC) – 2.2% of the world’s circulating supply. We began by asking Frontini whether he thinks MicroStrategy poses a structural risk to the BTC market. “That is a very good question!” he said. “We…
Ripple (XRP), which has been in a legal battle with the SEC for years, has seen a tremendous rise after Donald Trump won the presidential election. XRP, which was below $1, first exceeded $1, and then rose above $2 with a sudden increase yesterday. While XRP has risen to $2.45 with its rally, the reasons for this rise are wondered. At this point, blockchain analytics firm Scopescan said that Korean investors are likely behind the recent rise of XRP. Scopescan, who pointed out that Korean investors fueled the recent XRP increase in his post from the X account, added that…
Though U.S. Commodity Futures and Trading Commission chief Rostin Behnam never managed to make it happen, the derivatives watchdog is likely to one day play a more prominent role in overseeing cryptocurrency trading, something he will “continue to advocate” for after he’s gone. Behnam, who will step down on January 20 to make way for President-elect Donald Trump’s future appointee, said crypto “dominated every season of my tenure,” according to what will be his last public remarks as chairman delivered on Wednesday at the Brookings Institution. “Concerns regarding customer protections, increasing instances of fraud and market abuse, broader market resiliency,…
Banco of Investimentos Globais (BiG), one of Portugal’s largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared by Delphi Labs co-founder José Maria Macedo. The notification cited compliance with guidelines published by the European Central Bank (ECB), the European Banking Authority (EBA), and the Bank of Portugal about risks associated with offering digital assets. Additionally, the notification states that the decision was driven by a need to ensure compliance with the country’s laws against money laundering and terrorism financing. BiG reported nearly €7 billion in assets under management in 2023, equivalent to roughly $7.2 billion.…
A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $10 Million Principal Balance on Senior Notes Despite Drop in BTC Production Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, a 3% decrease from the previous month’s output of 150 BTC. This drop in mining output came as Bitdeer announced that it had fully repaid the outstanding principal balance of $10 million on the senior secured notes issued to the sellers for the acquisition of Troll Housing…
GraFun Labs has recently announced the Alpha Launch, a landmark token launch apparatus. Led by Floki Inu, Dexe Network, ThenaFi, and BNB Chain, the Alpha Launch permits GraFun Labs to set exclusive standards for community engagement, security, and transparency across Web3. The platform disclosed this development on its official social media account. 💥The Future of MEME Launches is Here!💥@GraFunLabs @RealFlokiInu, and @DexeNetwork are cooking the next legend — 🔥Alpha Launch🔥This groundbreaking token launch mechanic, with the support of @BNBCHAIN and @ThenaFi_ is about to redefine the MEMEs game!🧵 Let’s dive in 👇 pic.twitter.com/qlNMYGsahL — GraFun Labs (@GraFunLabs) January 8, 2025…