Author: NBTC
Stablecoins like USDT and USDC increased significantly on the Tron network, driving it to secure the most substantial gain, while Avalanche suffered the largest depletion of these stablecoins. During the last week, stablecoin liquidity shifted substantially throughout major blockchain platforms. Several blockchain networks led substantial money inflows, yet others confronted significant withdrawals, which points to major shifts throughout the crypto market. In the past 7 days, stablecoins(USDT&USDC) on #Tron increased by $824.51M, and stablecoins(USDT&USDC) on #Avalanche decreased by $506M.https://t.co/SxD9j6MIPu pic.twitter.com/Lc74rnyIrJ — Lookonchain (@lookonchain) February 24, 2025 Tron Dominates with $824.51M Inflow The Tron (TRX) blockchain has become the most popular…
Wyoming Sen. Cynthia Lummis, a leading bitcoin proponent, cast doubt on the immediate feasibility of former President Donald Trump’s proposed cryptocurrency strategic reserve, citing insufficient Congressional backing as a critical barrier. Political Resistance Slows Trump’s Bitcoin Strategic Reserve, Lummis Says Trump’s plan, unveiled March 2, 2025, via Truth Social, calls for a “Crypto Strategic Reserve” holding bitcoin, ethereum, XRP, solana, and cardano to establish the U.S. as the global crypto leader. Modeled after the Strategic Petroleum Reserve, the initiative aims to leverage seized assets—or new purchases, though specifics remain unclear. The announcement briefly propelled bitcoin to $95,000 and spurred double-digit…
Bitcoin (BTC) has fallen below the crucial $90,000 mark for the first time in a month. This triggered a wave of liquidations and ramped up market volatility. The sudden downturn has left many traders in the red. Data from IntoTheBlock shows that about 12% of all Bitcoin addresses are currently underwater—the highest percentage of unrealized losses since October 2024. Looking back at IntoTheBlock’s historical “In/Out of the Money” data, it’s clear many investors bought BTC at higher prices, especially between $90,000 and $100,000. With the price now at $89,479, these addresses are “out of the money.” Historically, similar situations have…
Blockchains currently compete to lead the NFT market through annual trading volume growth and increasing transaction count and user interaction. The blockchain network Ethereum continued to dominate in February while Bitcoin, Solana, and Polygon demonstrated substantial development. The following analysis reviews the performance of the twelve foremost blockchains that recorded NFT sales. TOP BLOCKCHAINS BY MONTHLY #NFT SALES VOLUME #Ethereum #Bitcoin #Solana #Polygon #Mythos #Immutable #Base #BNBChain #Flow #Ronin #Cardano #Avalanche pic.twitter.com/Xtykuie1oM — PHOENIX – Crypto News & Analytics (@pnxgrp) March 5, 2025 Ethereum Maintains Its NFT Market Leadership In February 2025, Ethereum maintained its leadership position as the NFT…
The National Cryptocurrency Association (NCA) is now officially live, aiming to clear up confusion, provide resources and give people a better understanding of how digital assets work. The person leading this effort is Stuart Alderoty, who will serve as president while continuing in his role as chief legal officer at Ripple. The idea behind the NCA is simple: cut through the noise and focus on real-world crypto adoption. It is not tied to any one company, blockchain or project. Instead, it is positioned as a general resource for those who already use crypto, those curious about it and those unsure…
The price of Bitcoin has fallen to its lowest point since 2025, breaching important support and sending a shockwave through the market. Bitcoin is currently trading at about $88,863, a steep 2.94% decline over the previous day. Following an inability to maintain above the $92,000 support zone that increased selling pressure, there has been a decline. At 25, the Crypto Fear and Greed Index has skyrocketed into Extreme Fear territory. This sharp contrast to the Greed rating of 73 from last month is a reflection of a volatility surge on the market. The fact that the industry was in Neutral…
XRP community figure Crypto Eri recently weighed in on how the XRP Army spends significant effort countering Bitcoin maximalists while allowing internal misinformation to persist. Eri believes the XRP community would be much better off if it directed similar efforts to overcoming internal misinformation. She went on to highlight key widespread misconceptions in the XRP community. The first item she clarified was the position of assets issued on the XRP Ledger. XRP is the Only Native Asset on the XRP Ledger A key point often misunderstood is that XRP is the only native asset on the XRP Ledger (XRPL). Unlike…
Crypto-focused legal firm Burwick Law has teased the launch of another 15-20 investigations, adding to its 60+ ongoing investigations into the likes of Hawk, Libra, and Pump Fun. Of these investigations, at least 11 have become individual and class action lawsuits, including actions against Libra, Pump Fun (aka Baton Corp), promoters of Hawk, Game of Silks, Meta Eagle Club, Jenner, Eden Gallery, Midnight Hub and Roooms.TV, and STAKX. On top of these, tokens including dogwifhat (WIF), Vine (VINE), and Just a Chill Guy (CHILLGUY) are currently under scrutiny by Burwick Law. Of Burwick Law’s 60+ investigations, at least 11 have…
Changpeng Zhao, also known in the crypto community as CZ, has taken to his official page on the X social media platform (formerly known as Twitter) to address the community and share his take on the current crypto market bloodbath. Curiously, he has shared a bullish take on this matter despite the massive Bitcoin crash. CZ remains highly bullish on Bitcoin and crypto CZ commented on an X post of a crypto enthusiast called @Spigg1115, where the latter pointed out that there is no reason for panic now even though the crypto market is bleeding heavily. 🔬🔭 https://t.co/G9SEFOe8xf — CZ…
Solana’s dominant automated market maker (AMM) Raydium hit back Monday on rumors that major volume driver Pump.Fun was preparing to launch its own AMM. Abandoning Raydium whole hog would be a “strategic miscalculation” for the massively popular — and profitable — memecoin factory, core contributor InfraRAY said in a post on X. He cast doubt on the notion that Pump.Fun could replicate its success if it swaps Raydium out for in-house trading infrastructure. Token investors dumped RAY en-masse this weekend after hawkeyed observers noticed Pump.Fun was apparently testing its own AMM, presumably with the intent to replace Raydium’s longstanding liquidity…