Author: NBTC

Stablecoins make up 30% of DeFi revenues, and are key to the sector’s development, discovered research by Keyrock Trading. Year-on-year, the weight of stablecoins in DeFi revenues has grown seven times. Stablecoins are becoming central to DeFi revenues, making up 30% of inflows for most DeFi projects. In the past year, stablecoins not only increased their supply, but developed new use cases, tapping the generally bullish crypto trend. Keyrock Trading discovered that stablecoins became key engines for protocol activity, going beyond a mere tool for transfers between exchanges. The year of relative stability meant both asset-backed and crypto-collateralized stablecoins could…

Non-Fungible Token (NFT) sales remained claimant to the top position by the Courtyard on the Polygon network with $11.47M made from 104,970 transactions. Nevertheless, total sales fell by 32.09%, and the transaction count decreased by 20.42%. Buyer activity was down 26.88%, and seller activity rose 133.93%. Next, was DMarket on Mythos for $8.19 million weekly volume. Sales were down 6.71% on the year and down 7.76% in transaction count. There was broad contraction across key metrics, with the number of active buyers dropping by 13.85%; sellers falling by 15.90%. STRAT Option and Good Vibes Club Show Exceptional Growth The Ethereum-based…

Ethereum price is showing strong upward momentum, rising roughly 5% in the past week. Currently, ETH is holding steady near $2,600 after a sharp rebound. This move follows a bullish breakout from a descending triangle pattern that had limited its earlier gains. Ethereum has successfully broken key resistance levels, reflecting renewed strength in the altcoin market. The recent increase in Bitcoin’s price has brought more hope to the entire crypto industry. After spending some days near $2,500, Ethereum has made its move, pushing its price above $2,600, which has experts expecting a rally. Ethereum may go up more in the…

The future of money has arrived, with 60% of Fortune 500 companies actively working on blockchain initiatives, digital asset exchange Coinbase (COIN) said in its second quarter State of Crypto report published Tuesday. Stablecoin usage is exploding with a 54% growth in supply year-on-year, more than one third of small and medium sized businesses (SMB) are using crypto, and 60% of Fortune 500 companies are working on blockchain projects, the report said. Adoption is expected to continue to grow. Twenty percent of Fortune 500 executives said that onchain initiatives were a key part of their company’s strategy moving forward, and…

Injective surpassed 2 billion on-chain transactions without any halts or errors, showcasing unmatched network stability and performance. T-Mobile deepens its role in Injective’s ecosystem by joining as a validator and backing its DeFi infrastructure development. Injective just passed a major milestone that has many in the crypto world looking twice: 2 billion on-chain transactions. Yes, two billion, and that was without a single system outage or error. The network keeps running like a super-fast train, with no sudden brakes, no breakdowns, and no incidents. For many other projects, a million stable transactions would be an achievement. But Injective? They’re playing…

The UK’s Financial Conduct Authority has appointed Sarah Pritchard as its new deputy chief executive, a move that reflects the regulator’s expanding responsibilities across digital finance and international policy. The announcement marks the formal establishment of the deputy CEO role as the FCA assumes a broader mandate, encompassing oversight of stablecoins, crypto firms, and Buy Now Pay Later products. Pritchard, who joined the FCA in 2021, will retain her existing duties, including leadership on consumer protection and competition, while stepping up to support Chief Executive Nikhil Rathi in managing the FCA’s day-to-day operations, according to a release on the matter.…

Viral mobile game Flappy Bird still has plans ahead in the crypto world, according to a blog post from the Flappy Bird Foundation, the entity that acquired the smash mobile game’s trademark and brought it back via Telegram last year.  The game’s relaunch on Telegram came with a play-to-earn mining campaign for an eventual FLAP token on The Open Network (TON). However, the future of those plans became uncertain when its Telegram mining phase ended with no token airdrop this spring, and the game’s Android relaunch in April came without a crypto connection.  Now though, the Flappy Bird Foundation says…

In a post on X (formerly Twitter), James Wynn, the popular high-volume trader on the decentralized exchange Hyperliquid, publicly criticized the platform’s referral incentives and warned that its days could be numbered if it fails to evolve. His comments come amid rising anticipation for a new decentralized exchange (DEX) being developed by Binance founder Changpeng “CZ” Zhao, one that promises to shield large traders from front-running and liquidation risks. Wynn wrote in his post that he hasn’t been paid a single cent by Hyperliquid. He stated, “I reached out on two occasions hoping to get some kind of partnership deal…

Ripple has doubled down on blockchain innovation in the Asia-Pacific (APAC) region by committing over $5 million in additional funding through its global University Blockchain Research Initiative (UBRI). The firm said the investment reflects Ripple’s dedication to cultivating next-generation blockchain talent and supporting academic research. The move, which follows $25M U.S. donations to drive crypto innovation, will span six countries, with renewed partnerships in South Korea, Japan, and Singapore, and new grants in Taiwan and Australia. The crypto firm said it continues to work closely with top universities across APAC to support student initiatives by providing the tools, funding, and…

Bitcoin (BTC) rose above $111,000 after its rally last week. While strengthening the expectation of a new record rise, Tom Lee, the co-founder of Fundstrat Global Advisors, known for his bold predictions for Bitcoin, announced his new expectation for Bitcoin. Tom Lee, who shared from the X account, said that Bitcoin is about to enter the banana zone phase where it has high growth potential. Lee used analysis shared by Julien Bittel, head of macro research at Global Macro Investor, in his forecast. According to Bittel’s chart, Bitcoin has gone through four major market cycles since 2011. And each cycle…