Author: NBTC
Decentralized finance markets are approaching a critical inflection point as pro-crypto policy frameworks unfold under the Trump administration, according to a comprehensive BitMEX research report examining industry trends for 2025. The report attempts to make a case for how regulatory clarity could gradually reduce legal headwinds for both established players and newcomers. “The current environment appears more receptive to innovation than in previous years,” notes the BitMEX report released late January. BitMEX’s outlook uncovers how shifting regulatory stances and increasing institutional interest could spark a “new growth phase” for DeFi—one that requires careful consideration to balance out innovation with compliance.…
Historically, Tether’s USDT has dominated the cryptocurrency market as the primary source of crypto liquidity. However, data cited by on-chain tools have noticed an apparent shift in trader preferences as USDT loses some of its market grip to Circle’s USDC and Binance’s FDUSD. Tether’s closest competitor, Circle, has a lot of catching up to do on USDT. Its USDC stablecoin is still almost $100B behind the leader in the category. Then there’s FDUSD, the stablecoin that steps into the void left by BUSD’s collapse, which has also enjoyed rapid acceptance as a reliable USD-pegged stablecoin in high-volume BTC markets. Trading…
As U.S. senators prepared to gather for a hearing about U.S. debanking of crypto clients, the interim chief of the Federal Deposit Insurance Corp. said his agency is overhauling its digital assets supervision and revealed more correspondence on Wednesday in which FDIC officials steered banks away from cryptocurrency business. Travis Hill, the acting FDIC chairman tapped by President Donald Trump, has thrown open more of the agency’s past documents and said the U.S. banking regulator will be reconsidering its previous crypto guidance that deliberately kept banks an arm’s length away from what had been seen as the unregulated volatility of…
Leading global cryptocurrency exchange Binance has announced support for the upcoming network upgrades and hardforks for Terra (LUNA), Kadena (KDA), and Sei (SEI). Binance Will Support Network Upgrades and Hardforks of Terra (LUNA), Kadena (KDA), and Sei (SEI) This move is part of Binance’s ongoing commitment to providing a seamless user experience during critical blockchain updates. Basic Details of Network Upgrades Terra (LUNA) Network Upgrade and Hardfork Block Height: 14,154,000 Scheduled Time: February 4, 2025, 19:00 Impact: Deposits and withdrawals will be suspended from 18:00, one hour before the upgrade. Kadena (KDA) Network Upgrade and Hardfork Block Height: 5,555,698 Scheduled…
HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NASDAQ: HIVE), announced its January production results alongside a significant expansion into Paraguay. Despite the overall slowdown in the industry and a decline in production reported by other miners, HIVE managed to maintain its levels from late 2024. The blockchain infrastructure provider mined 102 Bitcoin in January while maintaining an average hashrate of 5.7 Exahash per second (EH/s). The company’s Bitcoin holdings reached 2,657 BTC, valued at approximately $271 million at month-end, reflecting a 34% increase year-over-year. HIVE’s January operations maintained strong efficiency metrics, achieving an average daily production…
Two venture-backed veterans of crypto’s data storage subsector, Textile and 3Box Labs, the builder of Ceramic, have merged in an all-stock deal, CoinDesk has learned. The companies will operate under Textile’s brand and retain their staff and data infrastructure- focused product lines. Textile CEO Andrew Hill will head the merged organization. Self-described “friendly competitors,” Textile and 3Box Labs raised funds from the same VC firms and offered overlapping products, 3Box Labs co-founder Michael Sena said. Between them, the companies have raised at least $42 million since 2019. “We came to the conclusion that the future we’re building toward is an…
Michael Saylor, Bitcoin evangelist and MicroStrategy’s executive chairman, who co-founded that company, has taken to his account on social media platform X to share a new daily message with the BTC community. “Bitcoin is the right move,” Saylor says Saylor published an AI-generated image of himself with Bitcoin attributes — an orange (the color of BTC) tie with physical BTC coins slightly blurred in the background. Aside from them, there are also some chess pieces there, which is why Saylor’s message to the crypto community has the flair of a game of chess. His tweet states, “Bitcoin is the right…
PancakeSwap expands dLIMIT and dTWAP to Arbitrum, Linea, and Base, enhancing decentralized order execution across multiple blockchain networks. Orbs’ Layer 3 infrastructure powers advanced trading features on PancakeSwap, supporting algorithmic strategies and liquidity aggregation across multiple DeFi platforms. PancakeSwap, one of the largest decentralized exchanges (DEX), has officially added support for its Orbs-based dLIMIT and dTWAP protocols to the Arbitrum, Linea, and Base network. This action enables more traders throughout blockchain ecosystems to access advanced trading tools so far only accessible on BNB Chain. Enhancing Decentralized Trading with Smart Execution The integration of dLIMIT and dTWAP provides advanced tools for…
Ethereum (ETH) extended its streak of underperforming against Bitcoin (BTC). The token fell under 0.029 per BTC during the most recent market correction. Ethereum (ETH) has yet to stop its sliding trend against Bitcoin (BTC). The token has now fallen to 0.027 per BTC, testing levels not seen since 2020. ETH already crossed the 0.030 BTC boundary, which was its baseline level just before the 2021 bull market. ETH has now completed an unwanted value roundtrip against BTC, after peaking at 0.085 BTC in December 2021. ETH’s downward trend has found little relief since the market crash of 2022, continuing…
It has been less than two weeks since Donald J. Trump stepped back into the White House, and he has already rattled the cages with numerous controversial decisions. The latest came on Saturday evening as he levied hefty taxes on China but also its two neighbors – Canada and Mexico. Given the fact that his actions came during the weekend when only one financial market was open for trading, it was expected that this particular market would face the music. Bitcoin Slumps During the Weekend Trump’s 25% tariffs on Canada didn’t go unnoticed, and the latter’s Prime Minister, Justin Trudeau,…