Author: NBTC

In the fast-evolving landscape of decentralized finance (DeFi), protocols are constantly seeking innovative ways to ensure long-term sustainability and growth. One such pivotal moment is currently unfolding within the Euler DAO, a prominent lending protocol, as its community prepares to vote on a significant proposal. This vote, which aims to implement targeted fee hikes on specific vaults, could dramatically reshape the protocol’s financial future, potentially boosting annual revenue from a modest $714,000 to an ambitious $3.6 million. For anyone invested in the future of decentralized autonomous organizations and the broader DeFi ecosystem, understanding this move by Euler DAO is absolutely…

After a sharp rejection from the $3,860 mark earlier this week, Ethereum price today is stabilizing just above $3,640. The recent breakdown from its ascending channel has shifted near-term sentiment toward caution, as ETH consolidates beneath several key resistance levels. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) Ethereum recently exited a rising channel that supported its rally from mid-July. After peaking near $3,860, price broke below the channel’s lower boundary and is now retesting prior support as resistance. The 1-hour RSI is recovering slightly near 50.40, suggesting stabilization, but there is still no confirmed trend reversal. ETH…

A central bank digital currency (CBDC) alone will not be enough to challenge the rise of US dollar-pegged stablecoins, according to an adviser to the European Central Bank (ECB). In a blog post published Monday on the ECB’s website, adviser Jürgen Schaaf outlined a range of strategic options for the European Union to address the rapid rise of dollar-based stablecoins. Among those options were regulated euro-pegged stablecoins, distributed ledger technology (DLT) applications and the ongoing development of the digital euro. He also emphasized the role of stronger global coordination on stablecoin regulation, highlighting stablecoin regulation disparities between the US GENIUS…

Over the last 83 days, Coinbase Global, Inc. saw a significant influx of bitcoin, taking in around $23 billion worth of coins. Blackrock, Tesla, Strategy—They’re All Stashing BTC at Coinbase The publicly traded company Coinbase (Nasdaq: COIN) not only operates an exchange but it also offers payment solutions, custodial services, and more to a wide range of businesses. At the start of May, Bitcoin.com News reported that onchain data from timechainindex.com shows Coinbase secured 2.719 million BTC. That figure has jumped by 200,075 BTC ($23B+) over the past 2 months and 22 days. Coinbase holds a staggering 2,919,643 bitcoin under…

Bitcoin has retraced slightly after hitting a new all-time high near $123,000 as miners appear to be locking in profits. Bitcoin (BTC) has dropped roughly 5% from its most recent peak and is trading at about $117,538 as of press time. Although there is still some momentum overall, there are signs of short-term pressure beginning to show, especially from miners and long-term holders. According to a July 16 analysis by CryptoQuant contributor Avocado_onchain, the Miners’ Position Index has risen above 2.7. This shows that miners are transferring more BTC to exchanges compared to their one-year average. In the past, such…

In the dynamic world of decentralized finance (DeFi), strategic moves by key players often send ripples across the market. One such significant development recently emerged from Hyperion DeFi, a name that’s increasingly becoming synonymous with innovative financial strategies in the digital asset space. As the first publicly listed U.S. company to meticulously build a strategic treasury of HYPE tokens, Hyperion DeFi has once again captured attention with a substantial new acquisition. This isn’t just another transaction; it’s a powerful statement of confidence and a calculated step in their long-term vision. Let’s dive deep into what this latest move means for…

Ethereum is currently hovering around the $3.6K level. The ETH market has witnessed liquidations totalling $166.48 million. The crypto market has turned bearish, pushing the market cap down to $3.83 trillion after a 2.91% slip. The majority of the assets have fallen to the red zone, shedding their recent gains, including the largest asset, Bitcoin. After a series of recoveries, the largest altcoin, Ethereum (ETH), has been on the bearish track, losing by over 2.24% in value. The potent ETH bears might block the return of bulls and strengthen their hold on the market. A jump over the $3.7K mark…

A new investor sentiment survey conducted in South Korea from July 22 to 25 shows growing positive sentiment toward Bitcoin and renewed interest in XRP, driven by recent U.S. regulatory developments. The weekly poll, from CoinNess and Cratos, shows how investor outlooks are changing as major legislative and legal outcomes impact the market. According to the survey results, 49.4% of respondents expect Bitcoin’s price to rise this week, an increase from 46.0% in the prior week. Meanwhile, 28.2% expect the price to remain stable, while 22.4% anticipate a decline. When asked about overall market sentiment, 39.7% expressed hope or strong…

AI firm Anthropic is reportedly negotiating a multi-billion-dollar funding round that could push its valuation to a staggering $150 billion. According to a Financial Times report, the company is seeking to raise between $3 billion and $5 billion from investors in the Middle East. FTX Missed $10 Billion Upside This fresh capital would significantly enhance Anthropic’s ability to scale and compete with other major players in the AI space. The reported potential valuation marks a dramatic rise from its earlier $61.5 billion figure. It has attracted interest from firms such as Abu Dhabi-based MGX and others focused on advanced technologies.…

A solo miner recently scored a huge win by solving block 907,283 alone and earning a reward of $373,000 in a single shot. Such an achievement is truly spectacular given that the miner in question had to beat unbelievable odds. Getting struck by lightning is more likely The odds of mining a solo block in a single day (with 1 PH/s) are about 1 in 4.26 million. For comparison, the chance of being struck by lightning is about 1 in 15,300 during someone’s lifetime. Hence, you are actually 278 times more likely to be struck by lightning than solo mine…