Author: NBTC
The cryptocurrency market will see $324.70 million in token unlocks over the next seven days, with Sui (SUI) leading the cliff unlocks at $203.49 million. According to data from Tokenomist, this week’s token unlocks include both cliff and linear releases, with Solana (SOL) continuing to head linear unlocks at $10.56 million per day. SUI leads cliff token unlocks SUI is leading this week with $203.49 million worth of tokens scheduled for release. This makes up 2.0% of its total supply. SUI has already unlocked 30.7% of its total token supply. Crypto token unlocks scheduled for this week. Source: Tokenomist. Other…
Efforts to resolve Do Kwon’s court case have been delayed by a month after the US government claimed that Do’s defense will need more time to review an extra four terabytes of evidence. A status conference — a meeting of lawyers from both sides to discuss the current status of the case and any possible resolution — was scheduled for March 10. However, the New York District Court adjourned it to April 10 yesterday following a written request from the US government. The court agreed with the US and said it would delay the conference “to enable the defense to…
Today, hundreds of millions of people own bitcoin and other tokens hosted on blockchains worth trillions of dollars. Increasingly, though, blockchains host far more than tokens. In fact, blockchains are our future tech stack, and they can host sophisticated Web apps too, which live fully-onchain, just like tokens. These apps are implemented entirely from network-resident code (i.e. smart contract software and its evolutions). This has huge potential: by the end of 2025, more than 5 billion people will own internet-connected smartphones with Web browsers. So what might drive them to create and use fully-onchain web apps, which can sport seamless…
Bitcoin has crashed below the $90K support today, reaching fresh lows at $88,000. Will the BTC dip continue, or is a rebound likely from here? After a massive overnight crash, the crypto market has seen $881 million in liquidations, with Bitcoin alone suffering $272 million in liquidations and Ethereum nearing $200 million. Long-position liquidations total $809.24 million, while short liquidations amount to $72.04 million. Following the crash, Bitcoin hit a new 30-day low of $88,600. With a massive supply wave, is Bitcoin destined to fall below the $85,000 mark? Let’s explore. Bitcoin Hits $88,600: What’s Next? In the 4-hour price…
Bitcoin staking platform Solv Protocol has entered a strategic partnership with Soneium, the Ethereum layer 2 blockchain backed by Japan’s Sony Group, expanding BTC staking to the network. Announced on Mar. 6 on Solv Protocol’s official Medium page, this partnership aims to bridge Bitcoin (BTC) and Ethereum’s (ETH) expanding decentralized finance ecosystems. Through this integration, SolvBTC holders can stake their assets, earn rewards, and access cross-chain liquidity within the Soneium ecosystem. SolvBTC is a token that is 1:1 backed by Bitcoin, earned when users deposit Bitcoin into Solv Protocol. Furthermore, SolvBTC Liquid Staking Tokens, SolvBTC.LSTs, will make advanced yield strategies…
President Donald Trump’s administration has officially started executing plans for its federal crypto strategic reserve, and step one is figuring out exactly how much crypto the US government already owns, according to a report from the Journal. A month into a six-month planning phase, Trump’s interagency working group is reportedly doing a full audit of existing crypto holdings, which include assets seized from criminals. Trump first floated the idea of a government-backed crypto stockpile last summer during his campaign, and in January, he signed an executive order to begin laying the foundation. Bo Hines, executive director of the working group,…
Amid relatively quiet market conditions, a key metric for the Shiba Inu layer-2 network Shibarium is exploding, raising questions about what is going on. Specifically, over the past week, the number of wallet addresses on the Shiba Inu-focused Ethereum Layer 2 has jumped over 490% from about 9.4 million on Monday, February 17, to over 55.7 million at the time of writing on Monday, February 24. The feat is made more interesting by the fact that other key Shibarium metrics have remained low within the period. For one, new transactions on the network have plummeted over 90% in the last…
The United States is undisputedly the leader of global innovation. From technology, to agriculture, to finance, we stand alone. We have retained this position not because we force innovators to adopt our values, but because we allow entrepreneurs, who hold these values, to build in the United States free from government interference and excessive regulations. These aren’t Republican or Democrat ideals – they’re American ones. Nowhere is this more apparent than in cryptocurrency. Cryptocurrency empowers individuals to take ownership of their financial futures. It enables economic freedom, ensuring that all Americans – regardless of their background – have access to…
KyberSwap, a popular decentralized exchange and automated market maker, has announced a new partnership with NEAR Protocol, a decentralized blockchain to develop and run apps. The partnership takes into account the integration of NEAR Intents, a cutting-edge transfer framework built by NEAR Protocol, to offer matchless asset swaps. The platform took to its official X account to reveal this integration. KyberSwap x NEAR ProtocolA Seamless Future for Cross-Chain Swaps 🩶💚We’re excited to announce a major upgrade to KyberSwap: the integration of NEAR Intents, a cutting-edge transaction framework by @NEARProtocol ! This collaboration brings seamless cross-chain liquidity and… pic.twitter.com/z0Pbfbwa3T — Kyber…
Bitcoin Slides Below $89K to 3-Month Low as Nasdaq Futures Dip, Japanese Yen Sparks Risk-Off Fears
Bitcoin (BTC) dipped below $89,000 during Tuesday’s early European hours as Nasdaq futures pointed to continued losses in technology stocks and strength in the Japanese yen sparked fears of an August-like risk aversion. The leading cryptocurrency hit a low of $88,500, a level last seen in mid-November, CoinDesk data shows. The losses follow recent reluctance to adopt state-managed bitcoin reserves in the U.S. “Despite U.S. President Donald Trump’s recent pro-Bitcoin stance, three state-level proposals for Bitcoin reserves failed in Montana, North Dakota, and Wyoming. The reluctance to adopt state-run Bitcoin reserves underscores the political risks, as policymakers avoid accusations of…