Author: NBTC

A SushiSwap governance proposal to sharply increase the SUSHI token’s annual emission rate (AER) passed on Sunday, Dec. 14, with the vote demonstrating just how concentrated decision-making on the decentralized exchange protocol can be. The vote to lift annual emissions more than threefold, from 1.5% to as much as 5% of total supply, was decided almost entirely by a single wallet, 0xFf…492. That address controlled about 99.9% of the roughly 5.2 million voting power cast, with no votes against or abstentions, per Snapshot voting details. Under the proposal, SushiSwap can issue up to about 14.25 million SUSHI a year, compared…

Ethereum must stay above the key SMA level to maintain bullish momentum, with mixed futures flows indicating volatility. Ethereum (ETH) has seen a 1.2% increase in the last 24 hours, pushing its price to $3,235.25. Notably, the price fluctuated between $3,160.13 and $3,267.70 during this period. Over the past week, Ethereum has shown a 3.5% increase, while its 14-day performance shows a modest rise of 5.7%. However, the 30-day performance remains down 7.0%. Despite the short-term gains, the market is showing signs of exhaustion, with bulls struggling to maintain control. Unless stronger momentum steps in, Ethereum may risk rolling back…

New data has been released showing which projects in the cryptocurrency ecosystem have generated the most revenue over the past 30 days. The figures show that stablecoin issuers and high-volume chains, in particular, top the list. Monthly revenue changes clearly reflect the volatility across the industry. Looking at the list, giant stablecoin companies like Tether and Circle are clearly ahead. Projects like Tron, Hyperliquid, and pump.fun have also reached significant revenue levels. Here are the projects that have generated the most revenue over the past 30 days and their respective revenue amounts: Tether (USDT) – $440.3 million (+0.8%) Circle (USDC)…

The nine largest US banks restricted financial services to politically contentious industries, including cryptocurrency, between 2020 and 2023, according to the preliminary findings of the Office of the Comptroller of the Currency (OCC). The banking regulator said on Wednesday that its early findings show that major banks “made inappropriate distinctions among customers in the provision of financial services on the basis of their lawful business activities” across the three-year period. The banks either implemented policies restricting access to banking or required escalated reviews and approvals before giving financial services to certain customers, the OCC said, without giving specific details. The…

In a significant development for decentralized finance, FraxNet has integrated the South Korean won-pegged stablecoin KRWQ. This move connects traditional Korean finance with global crypto markets through compliant infrastructure. For investors eyeing Asian markets, this integration opens new corridors for capital movement and settlement. What Does the FraxNet and KRWQ Integration Mean for DeFi? The integration of KRWQ into FraxNet represents a strategic alignment between compliance and innovation. FraxNet is Frax Finance’s cross-chain settlement layer, specifically designed to meet regulatory standards like the proposed GENIUS stablecoin bill. By welcoming KRWQ, it now supports a major Asian fiat currency directly on-chain.…

Key takeaways ETH is up 1.4% in the last 24 hours and is now trading above $3,200. The leading altcoin by market cap could retest the $3k psychological level as the bullish momentum stalls. Market momentum stalls Bitcoin (BTC) and Ethereum (ETH) are currently trading around key resistance levels after rallying over the past 24 hours. The resistance levels could see the leading cryptocurrencies retest lower psychological areas before either dumping harder or embarking on a successful breakout. At press time, Ether is trading above $3,200 per coin after adding 1.4% to its value in the last 24 hours. It…

There is a growing narrative among XRP enthusiasts that a major unwinding in the Japanese yen carry trade could trigger a global liquidity crisis. In this scenario, these enthusiasts have positioned XRP as the solution to stabilizing disrupted financial flows, starting in Japan and rippling worldwide. Spike in Japan’s 20-year government bond An XRP community member highlighted that Japan’s 20-year government bond yield hit 2.751%, increasing by 0.035%. Higher yields signal investor demand for safer, higher-return Japanese debt amid BoJ tightening. This pulls money back to Japan, accelerating the unwinding, that is, traders selling foreign assets to cover yen loans.…

After weeks of what had been tightly buttoned talks between the parties, Senate Democrats have delivered their latest counteroffer on the crypto market structure bill, outlining a set of demands resembling those they first laid out in a public memo in September and potentially revealing the true depth of the divide inside the Senate. The summary shared this week and circulated online earlier Wednesday shows Democrats have accepted much of the Republicans’ proposed framework. Yet they are insisting on significant structural changes that touch financial stability, market integrity, national security enforcement and the political conduct of public officials — mostly…

Ethereum continues to show steady recovery strength on the 4-hour chart as buyers defend higher price zones. The asset trades near $3,250 after rebounding sharply from late-November lows around $2,625. Significantly, price action holds above rising short-term averages, reinforcing a constructive trend structure. Besides reclaiming momentum, Ethereum now approaches major technical levels that may define its next directional move. Market participants closely monitor whether bullish pressure sustains as price tests overhead resistance zones. Ethereum 4H Trend Structure Signals Controlled Upside Ethereum maintains a clear sequence of higher lows, confirming a sustained short-term uptrend. Additionally, price reclaimed the 20, 50, and…

The United Arab Emirates marks a historic moment in the evolution of their digital economy. The Central Bank of the UAE (CBUAE) has given the green light to Zand, the AI-powered digital bank, for the launch of Zand AED: the first regulated stablecoin backed by the Dirham (AED) on public blockchains.This event represents a decisive step towards the integration of the national currency into global digital ecosystems, combining the security of a regulated banking institution with the speed and transparency of blockchain technology. Zand AED: Security, Transparency, and Innovation A Future-Proof Stablecoin Multi-Chain and Globally Accessible The Words of the…