Author: NBTC

An anonymous cryptocurrency whale has drawn attention on Hyperliquid after depositing 60,000 $HYPE tokens and subsequently selling 31,560 $HYPE for approximately $1.77 million, according to blockchain tracking platform Onchain Lens. The address, which begins with 0xDeB0, also transferred about 1.67 million $USDC to Coinbase, signaling a potential shift in strategy. Details of the Whale’s Transactions Onchain Lens reported that the whale deposited the $HYPE tokens to Hyperliquid before executing the sale. In addition to the completed sale, two separate time-weighted average price (TWAP) orders are currently active, including one to sell 40,000 $HYPE worth around $2.1 million, with roughly 15…

Hyperliquid opened its HIP-4 outcome-market infrastructure to outside venues on Aug. 29, and daily trading volume nearly tripled within three days, according to research published Sept. 3. Daily volume increased from an August average of approximately $545,000 to $1.97 million on Aug. 31, the Hyperliquid Research Collective reported. The trailing daily figure subsequently reached approximately $2.75 million. Two outside venues, Outcome and Skew, posted 500,000 $HYPE bonds and began deploying markets through seven templates approved by Hyperliquid validators. However, the early volume was heavily concentrated in Outcome and supported by trading incentives. The rollout makes market deployment permissionless at the…

A Record Built Over 2.5 Years Long-term holders (LTH), a category tracking wallets that have held bitcoin for at least 155 days, own more of the circulating $BTC supply than at any point on record. The classification, based on Glassnode’s widely used methodology, treats coins that survive the 155-day threshold without moving as statistically unlikely to be sold soon, making the metric a proxy for conviction among bitcoin’s existing owners rather than new demand. The current run has been building since early 2024 as long-term holder supply has largely fluctuated between 14 million and 16 million $BTC since the January…

Aave has officially launched Aave Insights, a dedicated platform designed for AAVE token holders and analysts. This initiative aims to provide crucial protocol data and important updates, enhancing user engagement and transparency within the community. The announcement was made via a tweet from Aave, highlighting their focus on better serving their stakeholders and improving access to vital information. Breaking It Down The broader crypto market is currently displaying mixed signals, with various assets showing differing momentum. Aave’s introduction of the Aave Insights platform is notable amidst this backdrop, as it demonstrates the project’s commitment to transparency and user engagement. The…

Ethereum co-founder Vitalik Buterin has proposed EIP-8288, a project aimed at significantly reducing the cost of quantum attack-resistant transactions. Buterin stated that he hopes the proposal, dubbed a recursive STARK mempool, will be included in the planned I-star update following the Hegota upgrade. EIP-8288 aims to move signatures and cryptographic proofs outside of Ethereum’s core execution process, combining them with recursive STARK proofs within the mempool. This is intended to significantly reduce both on-chain computational load and data costs. The Cost of Quantum Secure Privacy Transactions on Ethereum Could Drop Significantly According to Buterin, the system could offer significant advantages,…

Coinbase co-founder Fred Ehrsam is reportedly seeking operating rights for more than three oil fields in Venezuela, according to a Bloomberg report citing people familiar with the matter. The fields are currently operated by Alborada Heavy Industries, while U.S. authorities are reviewing whether to cancel the existing contract. Background and Recent Moves Ehrsam, who co-founded the major cryptocurrency exchange Coinbase in 2012, has visited Venezuela several times in recent months. During these visits, he met with senior U.S. and Venezuelan officials to explore investment opportunities in oil and gas, as well as fintech and digital payments, according to Bloomberg. He…

While investors are waiting for the bear market in Bitcoin and altcoins, which has been ongoing since October 2025, to end, Bitwise CIO Matt Hougan stated that a new era will begin in the cryptocurrency market and that some projects may stand out during this period. In his recently published article titled “Crypto’s Revenue Revolution,” Matt Hougan stated that the crypto market is increasingly becoming a “revenue-driven” structure. At this point, Bitwise’s CIO says that the crypto market will grow around profitable projects. According to Bitwise’s CIO, the value of cryptocurrencies other than Bitcoin will be assessed more on their…

Echo Base formed an ad hoc committee of BitMart claimholders on Sept. 2, following the crypto exchange’s decision to wind down its operations. In a statement shared directly with crypto.news, Echo Base said the committee represents a “significant and growing aggregate balance” of frozen customer assets. It did not disclose the number of participating claimholders or the value of their claims. The special situations firm said the group retained Young Conaway Stargatt & Taylor and Ashbury Legal. The committee is considering restructuring, regulatory and insolvency remedies. Echo Base says its $10 million offer went unanswered Echo Base said it submitted…

Bitcoin has climbed back from its June 30 low near $58,500, trading at near $66,000 as of press time. Options traders are still paying steep premiums for protection against another leg down, and traders on perpetual futures markets have resumed paying to hold leveraged long positions. Both readings sit in a middle zone, well short of the extremes that marked past Bitcoin bottoms. The setup describes a market with enough optimism to rebuild leveraged exposure and enough fear to keep hedges expensive, a pre-capitulation trap sitting between recovery and capitulation. The price of protection One-month put options on Bitcoin, contracts…

$PAXG, the gold-backed stablecoin from Paxos, is now live on Aave’s V4 Global Dollar Hub on Ethereum. This new feature allows users to borrow $USDG against their $PAXG holdings. The integration, highlighted by CryptoTwitter commentator @aave, represents a significant advancement for DeFi lending and could attract more users to the protocol. Breaking It Down The crypto market continues to show mixed signals, but the integration of $PAXG into Aave’s platform adds a unique dimension to decentralized finance. Users can now leverage their $PAXG to access $USDG, enhancing liquidity options within the ecosystem. This move is particularly timely as DeFi platforms…