Author: NBTC

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Crypto is a volatile industry for primarily two reasons: 1) it’s permissionless (anyone can make a token) and 2) it’s still largely looking for product-market fit. What does this mean to a short-term trader looking to flip a quick buck? If you’re trying to frontrun the market, you’d want to know when a certain narrative is falling in (and out of) favor. You can then spend absurd hours doomscrolling Twitter and Telegram groups — or you can use Kaito, a Web3-focused search engine that scrapes troves of…

One of the operators of sanctioned Russian cryptocurrency exchange Garantex was arrested in India on Tuesday, according to two recent news reports. Lithuanian national and Russian resident Aleksej Besciokov, 46, was reportedly arrested by police in the Indian state of Kerala, while vacationing on the country’s southern coast with his family, Techcrunch and KrebsonSecurity reported. Last week, a coalition of international law enforcement agencies from the U.S., Germany and Finland seized Garantex’s domains and servers and froze nearly $28 million in crypto tied to the exchange with the help of stablecoin issuer Tether. The exchange was sanctioned by the U.S.…

Daniel Kim transitioned from traditional banking to crypto, leading Maple Finance and co-founding Volta to enhance institutional lending and security. He sees Bitcoin’s role in DeFi growing, with BTC derivatives and Lightning Bitcoin improving institutional lending and liquidity in blockchain finance. The world of finance is constantly changing, but few people have adapted as quickly as Daniel Kim. From his early days in traditional banking to now driving invention in DeFi, Daniel’s path is one of flexibility, bravery, and forward thinking. Having so much experience, he is currently leading the unsecured crypto lending revolution. Daniel Kim: Seeing Beyond Traditional Banking…

As controversy swirled around the Ethereum Foundation (EF) this winter, one of Ethereum’s most respected architects was quietly plotting his next move. Danny Ryan—a key visionary behind Ethereum’s most ambitious upgrade, “The Merge”—left the EF in September but entered talks a few months later to rejoin the organization as its new leader. “I was in conversation with Vitalik [Buterin] and others to potentially go back to help run the Ethereum Foundation,” Ryan revealed in a candid interview with CoinDesk. But as the non-profit behind the second-largest blockchain underwent a dramatic leadership reshuffle, Ryan’s trajectory unexpectedly shifted elsewhere — towards bringing…

Berachain token price continued rising this week as the market reacted positively to its growing decentralized finance ecosystem. Berachain (BERA) climbed to $6.60 on Wednesday, up 31% from its lowest level following its airdrop earlier this week. Its market capitalization has risen to $717 million, making it the 92nd-largest cryptocurrency. Its fully diluted valuation increased to $3.29 billion. Berachain’s ecosystem has continued to grow, with the total value locked in its decentralized finance ecosystem surpassing $3 billion. Most notably, the stablecoin market capitalization on its network has surged to $930 million. This is a significant milestone, as stablecoins play a…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. House representatives voted yesterday to overturn the IRS’s “DeFi broker” rule, which was passed in the final days of the Biden administration. The resolution — introduced under the Congressional Review Act — passed in a 292-131 vote. 76 Democrats voted in favor of abolishing the rule. The IRS’s rule required DeFi brokers to file 1099-DA forms, which are the newly approved tax forms that crypto exchanges must use starting in tax year 2025. Given that DeFi companies are not centralized, the requirements were unrealistic, industry advocates…

Robert Kiyosaki, investor, Bitcoin supporter and author of the popular book on personal finance management “Rich Dad Poor Dad” has addressed the millions of his followers on social media to talk Bitcoin to them. Kiyosaki has suggested that Bitcoin can eventually become a long-awaited solution to the issue that has been tormenting humanity throughout its history – poverty. His tweet published earlier was about Bitcoin and about getting richer/poorer and what is driving people in those directions. Kiyosaki on getting richer and poorer Kiyosaki started his most recent X post with a question on the topic he likes so much:…

Ethereum price has been experiencing significant downward pressure, leaving investors wondering if this is a buying opportunity or the start of a prolonged decline. The recent price action has shown Ethereum struggling to hold key support levels, with ETH price currently trading at $1,887. The cryptocurrency market, including Ethereum, has been facing challenges due to macro uncertainty, regulatory concerns, and decreased investor confidence. With Ethereum’s RSI (Relative Strength Index) at 23.61, it has entered oversold territory, which often signals that a potential bounce could be on the horizon. However, the MACD (Moving Average Convergence Divergence) remains deep in negative territory,…

net’s Co-Staking Marketplace is now live enabling the sharing of staking rewards. With the Co-Staking, no hardware is needed for $IO holders to earn staking rewards. The Co-Staking Marketplace connects hardware suppliers with token holders. io.net, a leading platform in the DePIN (Decentralized Physical Infrastructure Networks) space, has launched Co-Staking Marketplace, an innovative feature that allows users to share block rewards. The Co-Staking feature enables both device suppliers and $IO token holders to participate in the network’s validation process and share in the lucrative block rewards, without the necessity of owning physical hardware. Democratizing staking The Co-Staking Marketplace is a…

Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023. It has plunged by over 55% from its highest level in November last year. Ether has crashed for several reasons. Spot Ethereum ETFs have continued to experience outflows, a sign of waning demand from Wall Street investors. Total outflows in the last three weeks stood at over $513 million, bringing the cumulative net inflows to $2.64 billion. Ethereum continues to lose market share in key industries like stablecoin processing and…