Author: NBTC

During his speech at Bitcoin 2024, incoming US President Donald Trump promised to fire Gary Gensler as Chairman of the Securities and Exchange Commission (SEC). “On day one, I will fire Gary Gensler and appoint a new SEC Chairman,” he declared to uproarious applause. “I didn’t know he was that unpopular. Let me say it again. On day one, I will fire Gary Gensler.” Although there are some formalities to removing Gensler from office without showing cause — including the possibility of a legal challenge by the SEC itself — his resignation or involuntary departure seems likely at some point…

Crypto.com has big plans for 2025, with a renewed service package connecting to credit card and stock services. The crypto trading platform presented its 2025 roadmap as it appears to be preparing to stretch its leading position across multiple crypto cycles. Crypto.com has announced its 2025 roadmap after a year of dominating North American crypto trading and surpassing Coinbase. The announcement arrived after a rise in pro-crypto expectations based on the ties between Bitcoin’s fate and US election results. Crypto.com building on solid 2024 performance Crypto.com cashed in on its growing reputation, as its native CRO token reached a one-month…

Spark has tapped layer-2 chain Fuel Network technology to introduce a fully on-chain order book for Ethereum. According to a press release, Spark has launched its on-chain order book for the Ethereum (ETH) ecosystem to provide fast execution for professional, institutional, and advanced retail traders as decentralized finance experiences a resurgence. An order book is a digitized list of buy and sell orders arranged by price levels. This tool allows traders to observe the prices at which other users plan to acquire or offload assets. Spark noted that existing order books powered by automated market makers and centralized exchanges have…

In a recent tweet, cryptocurrency analyst and trader Michael van de Poppe shared his take on the current Bitcoin situation and its prospects in terms of price movements and published a chart to make his point clearer. He named the key level that the world’s leading cryptocurrency needs to hold in order to begin moving toward new all-time highs. Bitcoin “party time” price level Van de Poppe, known on Crypto X as “@CryptoMichNL,” tweeted that at the moment, Bitcoin is consolidating before continuing its rise toward new all-time highs. The key level for BTC to hold, according to Van de…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. In early October, Synthetix passed an ambitious governance proposal to “reboot” the entire project. Major changes proposed included the likes of revamping SNX tokenomics, introducing a SNX-backed stablecoin, launching on Ethereum mainnet and Solana and redesigning the Synthetix frontend. As part of that overhaul, SIP-411, which passed yesterday with 6/6 votes from Synthetix councilors, is reacquiring Kwenta as a frontend and bringing it back as part of Synthetix’s relaunch. Kwenta was once a Synthetix project. Spun out in 2021 as a dedicated frontend for Synthetix to operate…

Ripple is actively promoting the XRP Ledger (XRPL) as the ideal blockchain for tokenizing real-world assets (RWA) on an institutional scale. Ripple emphasizes security, scalability, and interoperability, positioning itself as a dependable platform for decentralized finance (DeFi) and managing tokenized assets. In a recent exclusive interview with BeInCrypto, Ross Edwards, Senior Director for Solutions and Delivery at Ripple, offers insights into why the XRPL is uniquely positioned to bridge traditional finance with DeFi. Instant Settlement, Stability, and Lower Risk: Why XRPL is Suitable for Financial Institutions When discussing the XRPL’s role in transforming institutional finance, Ross Edwards was unequivocal about…

As Bitcoin (BTC) is pushed to an all-time high by the results of U.S. presidential elections, net Open Interest on derivatives exchanges follows. This could lead to even more dangerous volatility as crypto bears face $370 million short liquidations. Binance’s OI hits new ATH, analyst foresees volatility spike Binance (BNB), the world’s largest cryptocurrency exchange, hit an all-time high on open interest on crypto derivatives. Binance’s net OI hit a fresh record at $8.3 billion, said CryptoQuant’s community author Burak Kesmeci, seasoned blockchain analyst. Binance OI Reaches New ATH of $8.3 Billion“Open Interest across all exchanges—including Binance—stands at $23.3 billion,…

In a post shared with its community, DEGEN revealed mounting challenges in its ongoing effort to migrate DEGEN L3 to a new service provider. The prolonged standoff, which DEGEN claims has stalled critical upgrades and harmed users, has spotlighted unresolved tensions with its current provider, Conduit. Service failures Since August, DEGEN has reportedly sought to transition away from Conduit following a series of operational issues that have shaken user trust. According to DEGEN, Conduit pushed an untested upgrade in May without prior notice, resulting in 54 hours of chain downtime. The disruption allegedly caused corruption in the chain state, leading…

While Bitcoin (BTC) has made a big breakthrough in recent days and is trying new ATHs, the US Presidential elections and the FED’s November interest rate decision are eagerly awaited and closely followed by investors. While the FED is expected to make a 25 basis point cut in September, data on Personal Consumption Expenditures (PCE), which the FED closely follows when making interest rate decisions and is considered a leading inflation indicator, was announced. Accordingly, personal consumption expenditures data for September were as follows: Core Personal Consumption Expenditure Price Index (YoY) Announced 2.7% – Expected 2.6% – Previous 2.7% Core…

Pendle Finance, a decentralized finance (DeFi) platform known for tokenized yield services, recently transferred 625,000 $PENDLE tokens valued at approximately $3.37 million to Binance. This transaction was carried out by a wallet associated with the Pendle team about a couple of hours ago. This massive transaction is drawing immediate attention from market analysts. The movement of such a significant number of tokens has raised much speculation about potential trading strategies or liquidity adjustments within the platform. Satoshi, a crypto analytical platform, has shared the details through X account. $PENDLE Unlock as Per Scheduled Vesting The 625,000 $PENDLE transferred is part…