Author: NBTC
Ripple has launched a pilot project that will see its stablecoin, Ripple USD, used for drought relief in Kenya. The announcement comes just days after Ripple integrated the Ripple USD (RLUSD) stablecoin in its payments solution. Ripple is partnering with Mercy Corps Ventures and DIVA Donate, a platform that leverages decentralized finance technology to facilitate donations to pastoralists affected by drought in Kenya, for the initiative. The partners will leverage blockchain technology to bring financial aid via RLUSD to the targeted communities,Team Ripple noted. As outlined in a blog post, the pilot is part of Ripple’s broader efforts to expand…
Even though the discourse surrounding Ethereum has been mostly dominated by “doom and gloom” narratives over the past month, recent data shows that the popular blockchain network should not be written off just yet. According to data provided by DefiLlama, Ethereum has managed to surpass Solana in monthly decentralized exchange (DEX) volume for the first time since November. The two chains logged $64.7 billion and $52.6 billion worth of trading volume, respectively. BNB Chain (BSC) comes in third place with $44.2 billion. So far, Ethereum is also in the lead this month, but its lead over Solana is very slim…
Ripple has integrated its USD-backed stablecoin, RLUSD, into its flagship payments platform, Ripple Payments. Ripple (XRP) is doing this to improve cross-border payment efficiency and expand RLUSD’s (RLUSD) utility among financial institutions, according to a note shared with crypto.news. Since its launch in December 2024, RLUSD has seen its adoption approach $250 million in market capitalization, with $10 billion in total trading volume. You might also like: Justin Sun says First Digital Trust is insolvent after rescuing TUSD stablecoin Cross-border payments Ripple Payments processes billions of dollars in transactions, and the addition of RLUSD strengthens its cross-border capabilities. RLUSD is…
Bitcoin investor sentiment has fallen to its weakest point since early 2023, but market analysts say the decline could signal the start of an uptrend. Bitcoin Sentiment Drops to Two-Year Low, But ‘Risk-On’ Rally May Be Beginning According to CryptoQuant’s latest “Weekly Crypto Report,” Bitcoin’s bullish rating index has fallen below 40 for the first time since 2024. This is an indicator that is generally consistent with bear market conditions. Long periods below this threshold have historically been a precursor to prolonged declines, but have also created fertile ground for counter-trend rallies. Despite the gloomy weather, Bitcoin has shown surprising…
The total value locked (TVL) in decentralized finance (DeFi) has plunged over 30% from its December peak, reflecting ongoing market uncertainties and macroeconomic pressures. According to DefiLlama, the current TVL in DeFi is $94.65 billion, a far cry from the $137 billion mark it reached on December 17 and one that has been steadily declining since. The TVL had reached a recent low of $88 billion last month before bouncing back slightly. Late last year’s jump in DeFi’s locked value coincided with a general crypto market rally, largely stemming from the November 5 elections of pro-crypto U.S. President Donald Trump. The…
The increasing geopolitical tensions and global macroeconomic uncertainty are changing investment choices in the crypto sector: more and more investors are reallocating capital towards stablecoin and real-world assets (RWA). That is, real-world assets such as real estate, artworks, and financial instruments, digitized through blockchain technology. To set this trend in motion was the recent decision by President Donald Trump to introduce new commercial tariffs on April 2, following the January 20 announcement on the imposition of tariffs on goods imported from China. Such measures, aimed at reducing the U.S. trade deficit and boosting national production, are fueling concerns about a…
Pendle (PENDLE) seems bullish as whales appear to have started accumulating the asset, possibly suggesting an incoming market surge. Today, March 11, 2025, a PEPE whale made a massive acquisition of 607,863 PENDLE tokens, attracting crypto investors’ attention. That is according to today’s data reported by Onchain Lens. In the last 3 days, a $PEPE whale has spent 1,016.4 $ETH ($1.86M) to buy 607,863 $PENDLE at a price of $3 each.The whale has sold 281.21B $PEPE for 1,060.53 $ETH to buy the $PENDLE and likely to buy more.Address: 0x373704e394ef150241aee836115d78aba3fc5c76Data @nansen_ai pic.twitter.com/lAAXWOXV49 — Onchain Lens (@OnchainLens) April 4, 2025 PEPE whale…
Ye Zhang, the co-founder of layer-2 network Scroll, has criticized the proposal to charge Ethereum Layer-2 networks. In a post on X, Zhang described such proposals as bad for the network’s long-term growth. According to Zhang, imposing tariffs on Ethereum L2s to generate fees on the mainnet will damage the network’s future. In his opinion, this strategy is only ideal for centralized organizations, not decentralized networks like Ethereum. He said: “Tariffing L2s is one of the most toxic ideas for Ethereum’s future. It trades long-term scalability and ecosystem growth for short-term revenue — a strategy fit for centralized corps, not…
Over 94% of Binance token listings from 2024 and 2025 are in the red by between 17% and 97%, according to crypto analysts. This is in stark contrast to Binance’s token listing heyday. Research by crypto analyst Dethective found that the 27 tokens listed by Binance so far this year had an average loss of 44%. Only three tokens resulted in a positive return, while 13 suffered losses of over 50%. Dethective described the tokens as “pure exit liquidity” and claimed, “If the largest, most retail-friendly exchange is pushing only garbage, newcomers will assume crypto is nothing but a scam.”…
Bitcoin, the leading cryptocurrency by market capitalization, has managed to outperform the tech-heavy Nasdaq 100 index on a year-to-date basis. The Nasdaq 100 has plunged by more than 16% since the start of the year. Meanwhile, Bitcoin is down by nearly 12%. $BTC ACTS AS BOND PROXY IN MARKET TURMOIL OVER PAST WEEK pic.twitter.com/OK4qGXPqPl — #333kByJuly2025 (@CarpeNoctom) April 4, 2025 Bitcoin’s decoupling from the U.S. equities market is shaping up to be one of the biggest stories of a tumultuous week. The cryptocurrency is up by nearly 3% over the past 24 hours despite the fact that the S&P 500,…