Author: NBTC

In a groundbreaking move, Magic Eden has revealed that 30% of its secondary marketplace revenue will now fuel automatic buybacks, sending ripples through the NFT community. This strategic decision aims to enhance value for users and solidify the platform’s position in the competitive crypto landscape. If you’re invested in NFTs, this Magic Eden buybacks initiative could directly impact your digital assets. What Are Magic Eden Buybacks and Why Do They Matter? Magic Eden buybacks involve the platform using a portion of its earnings to purchase its own assets or tokens from the market. This process can increase scarcity and potentially…

SharpLink reported that its third-quarter revenue for 2025 jumped to $10.8 million, and the company said this happened after making only $0.9 million in the same quarter last year, according to the earnings press release. The numbers show an increase of more than 1,100%, and the company said this lined up with expectations for 313% full-year revenue growth. The company also reported $104.3 million in net income after posting a $885,000 net loss one year earlier. Earnings came in at $0.62 per share, and analysts said they expect $0.87 by year-end. The company also said it held 817,747 ETH valued…

Ethereium-based lending protocol Morpho has gotten the Elixir sdeUSD/USDC exchange off its USDC vault following the drop in value of its stablecoin, deUSD. The delisting led to a loss of 3.6% bad debt which is a significant loss in the Morpho system of vaults. This move was soon after Elixir announced that its stablecoin deUSD was permanently retired and declared worthless. How the Delisting Unfolded Morpho that has the best lending and borrowing markets in Ethereum, operates a variety of vaults that has funds allocated to particular lending pools. The delisting was according to Morpho standard procedure: The protocol established…

Table of Contents Fraction AI Confirms Season 1 FOXX NFTs Sold OutSeason 1 Overview and Supply BreakdownWhy FOXX NFTs MatterThe Role of Fraction AI in Decentralizing AI TrainingFunding, Leadership, and Early SupportWhy the FOXX Sellout Matters for the EcosystemConclusionResources: Fraction AI’s FOXX NFTs season 1 sold out in under 48 hours, confirming strong demand for the project’s first digital collection. The rapid sellout follows the launch of the collection on Base on November 3, 2025. …and that’s a wrap. FOXX NFT Season 1 was a resounding success! All common and rare NFTs sold out in under 48h.We’ve kept some legendary…

The cryptocurrency market witnessed one of its heaviest liquidation waves this quarter, with over $362 million in leveraged positions wiped out within four hours on Wednesday. The move was triggered by a sharp selloff in Ethereum (ETH), which slipped below $3,400 for the first time in November. Macro Narrative Keeps Risk Tight Even As Shutdown Ends SoftBank’s decision to sell part of its stake in Nvidia, initially rattled global tech and adjacent crypto assets on Tuesday. The looming U.S. government shutdown vote on Wednesday added further uncertainty, prompting traders to unwind positions and pushing derivatives markets into cascading liquidations. Crypto…

Wall Street’s engagement with cryptocurrencies has just taken a substantial step forward, as Grayscale has become the first company to launch crypto staking exchange-traded products (ETPs). Grayscale is one of the largest digital asset managers in the world. These ETPs seamlessly deliver staking rewards directly to investors through established financial markets. In essence, cryptocurrency staking ETPs bridge two large and powerful approaches to finance, traditional finance and decentralized finance. Staking Ethereum or Solana, for instance, necessitated technical expertise for private wallets and entering node operations. Grayscale’s crypto staking ETPs leverage the technical intricacies intrinsic to staking in order to provide…

Crypto has spent years building yield infrastructure, such as staking on Ethereum and Solana, yield-bearing stablecoins, DeFi lending protocols, and tokenized Treasuries. The pipes already exist, the APYs are live, yet only 8% to 11% of the total crypto market generates yield today, compared to 55% to 65% of traditional financial (TradFi) assets, according to RedStone’s latest analysis. That penetration gap isn’t a product problem, but rather a disclosure problem. RedStone tallies roughly $300 billion to $400 billion of yield-bearing crypto assets against a $3.55 trillion total market capitalization to arrive at that 8% to 11% figure, with a caveat:…

Ethereum price has crashed into a bear market after falling by 30% from its highest level this year. ETH was trading at $3,475, and has formed a risky pattern that points to more downside over time as institutional demand wanes. Ethereum price has formed a death cross pattern Copy link to section The daily timeframe chart shows that the price of Ethereum has been in a strong downward trend in the past few months, moving from a high of $4,950 in August to $3,473 today. Ethereum has now formed the highly bearish death cross pattern, which happens when the 50-day…

The cryptocurrency market began to experience selling pressure in the previous week due to large withdrawals from both Bitcoin and Ethereum exchange-traded funds (ETFs). Data gleaned from the various providers shows that U.S. spot Bitcoin ETFs faced outflows of $1.23 billion and Ethereum ETFs recorded outflows of approximately $311.8 million. Combined, that represents one of the largest collective ETF outflows over the past several months. Possibly suggests a shift in investor sentiment toward digital assets. While Bitcoin saw a reasonably stable price, registered outflows coincided with a period of lowered uncertainty. It is around interest rate cuts, decreased institutional investor…

Dromos Labs, the core developer behind decentralized exchanges (DEX) Aerodrome on Base and Velodrome on Optimism, announced a major overhaul of its decentralized exchange infrastructure on Wednesday with the launch of Aero, a unified trading system that will replace and merge its existing platforms across both networks, as well as expand to other Ethereum chains. Aerodrome is currently the leading exchange on Base by volume and fees, and with Aero’s expansion to Ethereum mainnet in the second quarter of 2026, as well as Circle’s Arc, Dromos Labs aims to position the platform as a central liquidity hub for the broader…