Author: NBTC

DeFi’s Total Value Locked (TVL) has fallen from nearly $178 billion to around $72.5 billion, extending a decline that has persisted since the late-2025 peak. This weakness extends across lending, liquid staking, and bridge protocols, which suggests participation is shrinking across the broader ecosystem rather than within a single sector. Source: DeFiLlama Meanwhile, stablecoin supply remains near $315 billion, indicating that liquidity still exists even as DeFi activity contracts. The gap between available capital and falling TVL suggests investors are becoming increasingly selective with risk. Taken together, these trends point more toward reduced deployment of capital than a collapse in…

Sentora has shared its latest chart, showing where the yieldcoin trade stands right now. Some assets are still competing on headline APY, while others are winning because capital keeps flowing into them. The chart itself compares 30-day average APY against TVL across leading yieldcoins, which is exactly the kind of split that matters in a market where investors are trying to balance return, size, and staying power. The standout in the chart is syrupUSDC, which sits at the top of the APY ranking. That is important because yield alone does not tell the full story, but it is still the…

NYSE Arca has introduced a new rule proposal that explicitly includes $XRP among assets that could qualify under updated standards for Commodity-Based Trusts. The exchange submitted the proposal yesterday to amend Rule 8.201-E, which governs the generic listing standards for such products. Key Points NYSE Arca identifies $XRP, Bitcoin, and Ethereum as examples of assets that could qualify for commodity-based trust products. The proposal states that portfolios with up to 85% in approved assets would meet the new eligibility requirements. The SEC has opened the filing for public comment before issuing a final decision. Although the proposal references $XRP, it…

Latest developments: Sen. Angela Alsobrooks said she will not support the Clarity Act on the Senate floor unless negotiators reach agreement on ethics provisions and other outstanding issues. Alsobrooks said ethics concerns remain a major sticking point, alongside illicit finance provisions and work still needed in the Agriculture Committee. She characterized her committee vote advancing the bill as support for continued bipartisan negotiations, not unconditional support for final passage. “We’re almost there, but not quite there yet,” Alsobrooks said of the negotiations. Alsobrooks joined Rebecca Rettig and Renato Mariotti on CoinDesk’s The Policy Protocol. The compromise: Alsobrooks defended the stablecoin…

Blockchain.com has launched 24/7 perpetual trading for institutional clients through its OTC desk, offering around-the-clock exposure to stocks, equity indices, commodities, foreign exchange markets and pre-IPO companies. The rollout includes a SpaceX-linked perpetual contract, allowing eligible investors to take positions tied to the aerospace company’s anticipated public listing. According to the company, the contract is already live through its OTC desk. Blockchain.com said the new service is intended for institutions seeking continuous market access outside traditional trading hours. The company said clients can use the platform to hedge or adjust positions across multiple asset classes, including on weekends when most…

Treasury yields hit 12-month highs on May 15, pushing Bitcoin back toward $80,500 a day after the Clarity Act committee vote. US Treasury yields surged to fresh 12-month highs on May 15, with the 10-year note hitting 4.54% and the 2-year climbing to levels not seen since mid-2025.. The move came a day after the Senate Banking Committee approved the Clarity Act in a 15-9 bipartisan vote, which had briefly lifted Bitcoin above $82,000. By Friday, macro pressure had reversed most of those gains. April CPI data showed inflation running at 3.8%, confirming that rate cuts are not arriving in…

In an extraordinary market event, ZKJ surges over 516% in just 24 hours, sending shockwaves through the cryptocurrency landscape. This dramatic price movement, recorded on the $HTX exchange, has not only captured the attention of traders but also triggered a wave of liquidations totaling $2.71 million, according to data from Coinglass. As of the latest update, ZKJ is trading at $0.138, a level that few predicted just a day earlier. This article provides a comprehensive, data-driven analysis of the ZKJ surge, its causes, impacts, and what it means for the broader market. Understanding the ZKJ Price Spike The ZKJ price…

A set of seven crypto tax bills are being circulated in advance of a hearing of the U.S. House Ways and Means committee next week, with each of the legislative drafts tackling its own narrow aspect of digital assets tax treatment, including relaxing demands for taxes on small transactions and the assets gains in mining and staking. The committee that oversees tax issues is set to discuss the ideas on June 9, and the legislative text indicates that the panel is targeting a number of areas with focused bills. The various proposals include eliminating tax demands on certain small (…

Binance’s direct stock-trading platform drew more than 80% of its first-week volume from emerging markets, according to data the company published this morning. The figures position the June 1 launch as a distribution play for underserved retail users, with a 2% share of TradFi-referenced perpetuals volume as the opening benchmark. Assets under management in stocks crossed $400 million within the first seven days, Binance said in a press release published Wednesday. Emerging-market users generated approximately 84% of total trading volume, per Binance Research’s data thread published Tuesday on X. Who Is Trading One in four users was under 25. Nearly…

While Bitcoin has pulled a strong price move following its latest rally, it appears that whales are repositioning their funds ahead of what may be coming. Despite the bullish momentum seen across the crypto ecosystem, recent data showcased by on-chain tracking platforms shows that large holders are increasingly moving the asset in large quantities. Bitcoin whales dump 10,450 $BTC The data shows that whales have transferred over 10,450 $BTC through multiple series of large-scale transactions to major exchanges including Coinbase Institutional and FalconX. Out of this, a total of over $700 million worth of $BTC flowed into the U.S. leading…