Author: NBTC

Singapore — Mantle, the cutting-edge blockchain ecosystem behind the Ethereum layer 2 (L2) Mantle Network and the Ether liquid staking protocol mETH, has successfully integrated Ethena’s USDe and Mantle’s mETH on Compound, a premier DeFi lending protocol trusted by the community. —This marks a significant step in Mantle’s mission to foster ecosystem synergy, driving widespread DeFi adoption and creating new opportunities for innovation in 2025 and beyond. The integration follows successful governance proposals by Compound, with discussions underway to incorporate cmETH, further deepening this strategic partnership.Strengthening Mantle’s Ecosystem: Key MilestonesThe integration of USDe and mETH on Compound represents a major…

Solana ended the year with a peak month of NFT activity. Solana NFT sales peaked above $102M in December, as the Pudgy Penguins collection reached record activity levels. Solana reached peak NFT activity in December, with more than $102M in digital items sold. The main driver of the NFT expansion was the Magic Eden airdrop, which boosted activity in the hope of gaining more ME tokens. Most of December saw Solana’s daily active addresses in the 5M to 6M range, further boosting all types of activities. In the short term, the new ME token was pressured by selling and sank…

Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. Sustainable and Scalable Energy Solutions Are Vital for Transformative Technologies As bitcoin trades above $100,000 again amidst surging institutional interest, Asher Genoot, CEO of Hut 8 believes the company is strategically positioned with its unique approach to bitcoin mining, energy sustainability, and expansion into artificial intelligence (AI) infrastructure. Known for its efficient bitcoin mining operations and sustainability-driven practices, Hut 8 has made significant strides in transforming the intersection of energy and…

Despite reaching the $100,000 mark on CME Futures, a stubborn sell-off has kept Bitcoin (BTC) from breaking decisively above that level on spot markets. Mike Novogratz, the billionaire investor and CEO of Galaxy Digital, has shared some thoughts on what might be driving this selling pressure. Based on his opinion on Galaxy Research’s data, the billionaire says a lot of it is down to 2024 buyers who got in at prices above $56,000. It looks like these market participants are just taking profits, which is pretty standard market behavior, Novogratz is convinced. It seems that there is more to it…

Decentralized exchanges (DEX) are increasing their relevance on the cryptocurrency trading landscape, approaching the centralized platforms (CEX) in volume. In this context, Finbold selected three DEX projects to keep an eye for 2025. As of January 7, the DEX/CEX volume ratio reached an all-time high, with over 20% of all crypto trading happening on decentralized exchanges. This data is from IntoTheBlock, shared on X by Hayden Adams, inventor of the Uniswap protocol, a leading decentralized exchange. Uniswap (UNI) as the leading DEX for the EVM ecosystem Among the top projects to keep an eye for 2025, Uniswap (UNI) stands out…

The non-fungible token (NFT) collection backed by President-elect Donald Trump launched its first 160 items, the “Trump Bitcoin Digital Trading Cards,” on Bitcoin (BTC) using the Ordinals protocol. Users who acquired the 100 NFT cards from the “Mugshot Edition” and submitted their Bitcoin wallets are eligible for the claim through NFT marketplace Magic Eden. Users had minted 19 out of 119 available Ordinals as of press time, with the claim period lasting until Jan. 31. Ordinals create unique assets on the Bitcoin blockchain by inscribing data onto individual satoshis, the smallest BTC unit. The Trump Bitcoin Digital Trading Cards used…

XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the third-largest digital asset, its performance over 30 days trailed behind its perceived rival, XLM. According to data from Coingecko, the U.S. dollar value of XLM surged by more than 483%, rising from $0.09 on Nov. 2 to $0.54 by Dec. 2 at 2:00 p.m. EST. During this period, it peaked at just over $0.60 on Nov. 24 before dropping to $0.42 on Nov. 27. Since then, XLM has hovered around…

Crypto mining farms are large setups where digital currencies are created. Mining is how new coins enter circulation, with Bitcoin being the first to be mined back in 2009. As of early 2025, thousands of coins are out there, contributing to a market worth over $3.4 trillion, but only a handful of them can actually be mined. What is a crypto mining farm? Crypto mining farm explained A crypto mining farm is essentially a hub where powerful computers team up to mine digital currencies. In simple terms, a crypto mining farm is a tech-driven facility where specialized computers, called mining…

As the largest altcoin Ethereum lags behind Bitcoin’s (BTC) strong gains, investors’ expectations remain low. Investors also do not believe that Ethereum will make a big rally, as investors estimate that there is a 29% chance that ETH will reach $4,000 this year. Deribit Asia Business Development Head Lin Chen shared on his X account that options traders predict a 29.1% probability that Ethereum will close the year above $4,000. Lin added that the current implied volatility (IV) for ETH options remains unusually high, indicating significant price swings over the next few days. “In the options market, the probability of…

Elixir, the decentralized consensus network for crypto exchanges, is partnering with tokenization platform Securitize to unlock decentralized finance for Hamilton Lane’s private credit fund. On Jan. 8, Elixir announced it was teaming up with Securitize to enable institutional access to Hamilton Lane’s Senior Credit Opportunities Fund, or SCOPE Fund. The fund launched on Solana (SOL) in July 2024. The partnership will see Elixir serve as the native path to DeFi for SCOPE investors, with the platform offering access via its decentralized stablecoin, deUSD. “Starting Monday, in partnership with Securitize, Elixir will enable the fund’s institutional asset holders to keep isolated…