Author: NBTC
In December, decentralized exchanges (DEXs) saw a significant increase in futures trading volume, reaching a record 10.17% of the volume seen on centralized exchanges (CEXs). The rise comes given the significant improvements in on-chain user experience and infrastructure over the past few years. The increase in DEX futures trading can also be attributed to the growing adoption of platforms like Hyperliquid, Jupiter, ApeX, Satori Finance and Drift, which have consistently grown in recent months. Remarkably, these platforms grew at an average rate of 26.5% per month throughout 2024. By December, the total trading volume on decentralized exchanges (DEXs) reached $285…
The NFT market cooling continues as the overall crypto market cap has grown to $3.6 trillion from last week’s $3.42 trillion, per CoinMarketCap data. CryptoSlam data shows that NFT sales have fallen 17.54% to $132.7 million this week. This is considerably lower than last week’s $152 million in sales. However, the market has seen greater participation from traders, pointing to sustained interest at lower price levels. Market activity shows mixed signals: NFT sales volume dropped to $132.7 million from last week’s $152.7 million The number of NFT buyers rose 25.54% to 667,116 NFT sellers increased 23.96% to 382,754 Total transactions…
Mr. Atkins, a pro-business conservative, would likely take a lighter regulatory approach than the current chair of the Securities and Exchange Commission. President-elect Donald J. Trump picked Paul Atkins to serve as chair of the Securities and Exchange Commission, turning to a pro-business conservative and former regulator to run the agency that is in charge of protecting investors from fraud and malfeasance on Wall Street. Mr. Trump made the announcement in a post on his Truth Social platform on Wednesday. Mr. Atkins, 66, who was an S.E.C. commissioner under President George W. Bush, is a well-known, and generally admired, figure…
Trikon and SFT Protocol have announced their transforming collaboration, a strategic advancement for the Web3 ecosystem. The partnership aims to redefine gaming and digital infrastructure, providing cutting-edge solutions for Web3 gamers and developers. The alliance strives to reshape the ownership of Gaming World Assets (GWA) and the way how their trading is experienced. This groundbreaking development will create more accessible and decentralized digital gaming. Big news: Trikon X SFT Protocol 🎉We are thrilled to announce our partnership with @SFTProtocol!SFT Protocol is, bridging physical infrastructure with Web3 by building a DePIN platform that integrates storage, computing, edge CDN, and much more.Stay…
The vulnerabilities of centralized networks are accelerating the transition to Web3, which, with innovative technologies like BOCC, ensures unprecedented security for sensitive data and artificial intelligence (AI) applications. Let’s see all the details in this article. Security and transparency: the cloud of the future is decentralized thanks to web3 and AI The web3 solution: BOCC Applications Beyond AI Security and transparency: the cloud of the future is decentralized thanks to web3 and AI As anticipated, centralized networks, once a pillar of the global digital infrastructure, are showing increasingly deep cracks. These systems, managed by a single entity, suffer from structural…
Ki Young Ju notes stable Bitcoin trading frequencies despite recent price dip below $92,000.” “Bitcoin’s Fear & Greed Index at 77, indicating extreme greed, as price nears $100,000.” “MicroStrategy’s recent $5.4 billion investment underscores strong institutional confidence in Bitcoin.” Ki Young Ju, the CEO of CryptoQuant, pointed out that retail investor activity indicates a cautious approach despite recent price volatility. Ki Young Ju explained that the trading data does not indicate that users started buying bitcoins because of FOMO when the Bitcoin price was near $100,000; instead, it became significantly lower after that, to levels below $92,000. #Bitcoin retail investors…
Shibarium’s rapid growth in decentralized finance (DeFi) has sparked questions on its potential benefits for Yearn Finance (YFI). As Shiba Inu’s Layer-2 solution, Shibarium boosts $SHIB utility while expanding adoption across DeFi. The ecosystem’s recent developments present critical growth drivers that could influence YFI’s future performance. Shibarium’s Ecosystem Expansion and DeFi Opportunities Shibarium’s ecosystem expansion is a key factor in its rise. Shibarium’s integration with blockchain technology increases the value of $SHIB. It also enhances its presence in the broader blockchain ecosystem. Shibarium offers lower transaction fees and faster processing. This makes $SHIB a more practical asset for decentralized applications…
The Tron blockchain has recorded an unprecedented milestone in network daily revenue amid a dramatic surge in the price of its native token TRX. Tron founder Justin Sun proudly highlighted the achievement in a post on X today. Specifically, on Tuesday, December 3, Tron saw a total revenue of $21.66 million, representing an all-time high for a single day. TRON network revenue chart Notably, the network posted a one-day revenue of around $10.92 million on the previous day. This marked a staggering 98% increase compared to the figure from Tuesday. The massive change follows a similar turnaround in the market…
Bitcoin mining is a big business in the U.S.—but how big? And will Donald Trump’s return to the White House make a difference? The President-elect last year said—along with plenty of other pro-crypto pledges—that he wanted all remaining coins to be mined on American soil. Spoiler alert: This will be very difficult, if not impossible. Data compiled by TheMinerMag shows that U.S. miners currently account for around 40% of the mining hashrate—more than any other country. But experts told Decrypt that it is highly unlikely the pro-crypto commander in chief will be able to shift the remaining 60% of the…
South Korean game developer Wemade wants to bridge gaming and blockchain by introducing new decentralized communities in 2025. South Korean gaming giant Wemade apparently has big plans for 2025, focusing on new blockchain services and social communities. In an interview with Maeil Business Newspaper, Wemade’s chief executive officer Park Kwan-ho called 2025 a potential “turning point” for the firm, seeking to merge gaming and blockchain in a way that opens “new possibilities” in the global market. Park once again praised blockchain, saying its “transparency and inoperability of data” make the technology perfect for building trust in virtual services. “We will…