Author: NBTC

Tokens from emerging perpetual trading decentralized exchanges posted substantial gains over the past week while established platforms declined, suggesting capital rotation within the derivatives trading sector. Avantis and Aster led newcomer performance as total value locked (TVL) in DeFi migrated toward newer protocols despite sector-wide retracement. Avantis’ native token AVNT has climbed 66% over seven days, from $1.25 to the current $2.05. The token reached a peak of $2.64 on Sept. 21, representing 320% growth above its $0.4880 launch price less than two weeks after debut. Additionally, Avantis’ TVL increased by 27% from $17.7 million to $22.6 million between Sept.…

Rex Shares will soon release a new fund called REX-Osprey ETH + Staking ETF, with the ticker $ESK, reports Cointelegraph. This fund will be the first in the US to let investors own Ethereum and also earn staking rewards in one fund. It gives investors an easy way to gain from ETH growth and earn staking income. A Simple Way to Invest in Ethereum Ethereum is not just a cryptocurrency anymore. It now gives ways to earn passive income through staking. Staking means locking up ETH in the network. And in return, holders get rewards for helping to keep Ethereum…

Crypto protocols raised $1.9 billion in August, down 30% from July’s $2.67 billion, according to DefiLlama data. Despite the monthly drop, August numbers for raises from venture capital funds align with the numbers recorded in July, with $600 million captured from PUMP’s public sale last month. DeFi protocols dominated August funding with multiple major raises, including Portal’s $50 million round, M0’s $40 million Series B, and aPriori’s $20 million strategic investment. The sector attracted consistent institutional capital across infrastructure and trading platforms. Additionally, the third quarter already surpassed the second quarter’s $4.54 billion totals with $4.57 billion captured in just…

Have you ever wished for a way to find stable, predictable income in the often-volatile world of cryptocurrency? For many, the idea of turning crypto’s unpredictable swings into a steady stream of returns seems like a distant dream. However, an innovative product named Pendle Boros is making this a reality, as highlighted in a recent report from Tiger Research, a respected Asia-focused Web3 firm. This new offering from Pendle Finance is skillfully converting the often-erratic funding fees from cryptocurrency futures into something truly groundbreaking: fixed, predictable returns. What Exactly is Pendle Boros and How Does It Work? Traditionally, institutional investors…

Fidelity offloaded about 7,454 ETH, which is worth approximately $31.2 million, from its Fidelity Ethereum Fund (FETH). Looks like they’re adjusting their digital asset portfolio, probably hedging some risk or reallocating, given the crypto market volatility. Thus, it’s exactly what you’d expect from a firm like Fidelity: actively managing assets to maintain a competitive edge. Fidelity Ethereum Fund Adjusts Holdings To Manage Risk Fidelity’s recent sale of 7,454.42 ETH signals a calculated move in their portfolio management strategy. Instead of passively holding, the firm is clearly adjusting its Ethereum exposure to stay smart. In times of serious volatility, it’s reasonable…

Uruguay is in the initial stages of studying the implementation of a digital currency as part of a restructuring process. Adolfo Sarmiento, the former manager of economic policy and markets, has been reassigned to oversee the project. Uruguay Jumps on the Digital Currency Bandwagon as Part of Restructuring Process The Central Bank of Uruguay is undertaking a deep restructuring that will include an analysis of a potential digital-currency implementation in the country’s economy. According to local media, this process started last August, when the institution removed Adolfo Sarmiento, the manager of economic policy and markets, from his position, without clarifying…

Exciting news for the cryptocurrency community! Global exchange Gate (formerly Gate.io) has officially listed sBTC, a groundbreaking Stacks-based asset, for spot trading against USDT. This move is more than just a new listing; it signifies a pivotal moment for the expansion and accessibility of the Bitcoin Layer 2 ecosystem, unlocking new possibilities for Bitcoin utility. What is sBTC and Why Does it Matter for Bitcoin? Have you ever wondered how to bring the power of Bitcoin into decentralized finance (DeFi) without compromising its foundational security? That’s precisely where sBTC comes in. It’s a synthetic Bitcoin, meticulously pegged 1:1 to actual…

The cryptocurrency world is buzzing after a significant on-chain movement that has raised eyebrows. A suspected address linked to Railgun (RAIL), a prominent zero-knowledge (zk) privacy protocol, recently executed a substantial Railgun ETH deposit. This transaction saw 2,992 ETH, valued at an impressive $12.49 million, transferred to the Kraken exchange just an hour ago, as reported by Onchain Lens. This event isn’t just a large transfer; it brings critical discussions about privacy, transparency, and the evolving landscape of decentralized finance to the forefront. What Exactly Was This Railgun ETH Deposit Unpacked? For those closely watching the blockchain, the movement of…

Chinese sportswear brand 361 Degrees International Limited is testing new payment methods. The company announced today that it is exploring the use of stablecoin settlements in regions outside mainland China. This includes overseas retail stores, online sales, supply chain services, and its growing digital ecosystem. To start the trial, 361 Degrees opened an account with a third-party provider. The partner specializes in digital payment services. That works with fiat money and stablecoins. The company said the goal is to make global transactions faster and more efficient for customers and business partners. Why Stablecoins Could Help Stablecoins are digital currencies linked…

SentismAI, a popular Web3 platform merging DeFi and AI, has collaborated with AGIX, a renowned AI agent marketplace. The partnership is aimed at combining the AI and DeFi applications for the establishment of more efficient and smarter on-chain solutions. As per SentismAI’s official social media announcement, the development is set to deliver a next-gen, inclusive forum to redefine the decentralized financial experience. Hence, the users can expect access to cutting-edge AI-led tools, enhanced opportunities for token holders and communities, and seamless integration. 🚀 SentismAI 🤝 AGIXWe’re thrilled to announce our partnership with @0xAgix!This collaboration marks a big step forward in…