Author: NBTC

News-driven traders can set targeted strategies with CME’s Bitcoin Friday futures (BFF) contracts. The weekly expiry limits basis and caps rollover costs, facilitating improved profitability. Chicago Mercantile Exchange’s (CME) bitcoin (BTC) futures that expire on Friday are ideally suited for news traders looking to bet on key U.S. economic data releases, CF Benchmarks’ CEO Sui Chung said, explaining the performance of the recently launched contracts. The CME debuted cash-settled Friday futures, sized at one-50th of one BTC with lower margin requirements, on Sept. 30 to make the futures product accessible to retail investors. The so-called BFF contract settles every Friday…

Botanix Labs, the developer of Bitcoin layer-2 network Spiderchain, which aims to advance the possibilities of decentralized finance (DeFi) on the world’s original blockchain, has moved to its final testnet phase ahead of a 2025 mainnet debut. The testnet, known as Aragog, introduces tools that will form the basis for the mainnet’s DeFi offering, such as bitcoin (BTC)-backed stablecoin Palladium, decentralized exchange Bitzy and lending and borrowing market Spindle. Botanix Labs, which aims to introduce the mainnet in the first quarter, is building Spiderchain to be compatible with the Ethereum Virtual Machine (EVM), the software that powers the Ethereum network.…

Neon EVM announced a transformative Solana-native framework, unveiling a suite of features aimed at integrating Ethereum-based decentralized applications (dApps) with Solana’s ecosystem. The new architecture, detailed in a comprehensive whitepaper published on Dec. 3, enables direct interaction between Solana wallets and Ethereum applications while leveraging Solana’s high-performance infrastructure. The release introduces key capabilities such as Solana wallet compatibility for Ethereum transactions, an on-chain mempool for scalable execution, and intent-based operations allowing conditional transactions like automated token swaps. With these innovations, users can sign Neon EVM transactions using Solana wallets, including Phantom, Backpack, and Solflare — eliminating the need for separate…

A closely followed analyst who correctly called Bitcoin’s pullback earlier this year says BTC may soon enter the explosive phase of the market cycle. In a video update, pseudonymous analyst Rekt Capital tells his 91,000 YouTube subscribers that Bitcoin may break through the upper bound of a trading range within weeks and print new all-time highs (ATHs). “We’re retesting this [$60,000 level] for a few weeks in a row and we’re trying to position for a move towards the highs [of around $71,000] here. And of course, we have a series of lower highs to contend with, but once we…

Squid has unwrapped a decentralized intent-based liquidity protocol that promises cheaper, faster, and more efficient cross-chain swaps. The Cross-Chain Order Routing and Auction Layer (CORAL), which went live today, uses a request-for-quote (RFQ) system, enabling users to execute swaps across chains with minimal costs and near-instant finality. CORAL’s intents handle swaps natively, unlocking market maker order book pricing similar to CoWSwap. This approach eliminates slippage and ensures optimal execution by directly engaging with liquidity providers during the transaction process. “With CORAL, we’ve removed the borders between chains [to] allow liquidity to flow with minimal friction,” said Fig, Squid’s co-founder. The…

The market value of Solana ecosystem’s new AI meme coin Flávia exceeded 40 million US dollars within 9 hours of its launch, and the current transaction volume has exceeded 64.9 million US dollars. It was initially listed at $0.02153 and is now trading at $0.0521. The Solana- based AI memecoin has even incurred huge profits for early traders. Onchain Lens monitoring has revealed that a whale initially purchased 59,549,920 FLAVIA tokens for 22,869 USDC. The whale has since sold 21.8 million FLAVIA tokens, earning $628,000 and holding an unrealized profit of $1.3 million. Onchain Lens added, “Right now, this whale…

Meson, a cross-chain swap platform specializing in stablecoin transfers, has announced its upcoming integration with Neo X. The collaboration will provide Neo users with access to Meson’s infrastructure, which supports transfers across more than 50 blockchain networks. Intended to streamline asset movement, Meson operates using a non-custodial architecture based on hashed time-locked contract atomic swaps. This approach is aimed at ensuring that users maintain control over their funds throughout the transfer process. The team places a strong emphasis on stablecoins as the ideal medium for cross-chain transactions, and provides a cross-chain SDK for developers. Meson completed four rounds of audits…

Bitcoin prices reached $66,500 during late trading on Oct. 14, according to CoinGecko. It is the highest level since late September when it hit a similar price but was rejected at resistance. The asset seems to be behaving similarly again, with resistance forcing a retrace to $65,400 during Tuesday morning trading in Asia. Analyst ‘CrediBULL Crypto’ cautioned against celebrating until there is an actual breakout, which has yet to happen. Nevertheless, BTC is up 2.4% on the day had has made 5% since the same time last week. Bitcoin Bulls Are Back On Oct. 15, CryptoQuant CEO Ki Young Ju…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. In an open-source industry where applications can and are easily forked, “aggregation theory” — the investor thesis that the winner should build on top of and integrate as many applications as possible — caught on as a promising idea during DeFi summer. Middleware DeFi aggregators like 1inch, Matcha, Summer.fi (previously Oasis) and Instadapp have all pursued this idea to the fullest, but aggregation theory largely hasn’t panned out (Jupiter in Solana world is an exception). Ethereum DEX aggregators have not outcompeted Uniswap, even though in theory they…

Data provided by the public Shibburn tracker shows that there has been substantial progress in removing SHIB meme coins from the circulating supply over the last day. This surge in burns took place despite the Shiba Inu price showing a substantial decline this week. SHIB burns 6,750% up According to the aforesaid data source, over the past day, the SHIB army has succeeded in burning a substantial chunk of meme coins: 27,108,433 SHIB. This lifted the Shiba Inu burn rate 6,750%. That was possible thanks to three burn transfers and mainly the largest of them, which transferred 27,108,433 SHIB. This…