Author: NBTC

Stonkfun’s recent launch of stock and crypto pairs is showing positive momentum as its ecosystem rebounds. According to a tweet from the CryptoTwitter commentator @SolanaFloor, seven tokens within the ecosystem now boast market caps exceeding $5 million, while 29 tokens hold above $1 million. This recovery signals a potential shift in trader sentiment and could attract further investment in the ecosystem, as detailed in the tweet here. Breaking It Down The Stonkfun ecosystem is witnessing a resurgence following its latest product launch. With seven tokens now holding market caps over $5 million and another 29 above $1 million, this development…

TL;DR Lido DAO has executed onchain Vote #206, updating parts of its staking-router and node-operator configuration. The vote is distinct from Vote #205 covered in the previous batch. The changes are operational and do not alter stETH withdrawal mechanics. Lido DAO has completed another onchain governance action, executing Vote #206 only a short time after the protocol’s previous operational upgrade package. The new vote focuses on staking-router and node-operator parameters rather than changing the core economics of stETH. Governance Work Continues Behind The Staking Product Lido is often experienced by users as a simple product: deposit $ETH and receive stETH.…

Ethereum has seen a notable decrease of 410,000 $ETH from exchanges in the past month. This significant outflow coincided with US spot Ether ETFs attracting $680 million over four sessions, as reported by the crypto commentator @bitfinex. The uptick in demand alongside reduced exchange supply could indicate a positive shift in the market outlook for Ethereum, potentially benefiting long-term holders. Breaking It Down The latest data reveals that Ethereum’s supply on exchanges has dropped sharply, suggesting a growing interest among investors. The increased inflow into US spot Ether ETFs signifies strong institutional demand, which is crucial for Ethereum’s market dynamics.…

Starknet’s recent tweet has drawn attention to @bramble_fi, hinting at potential developments that may influence the ecosystem. The tweet, which has garnered significant engagement, suggests that the community should keep an eye on Bramble Finance. This could indicate upcoming features or collaborations worth monitoring in the near future. The Latest In the broader context, Starknet is experiencing a surge of interest, particularly with the rumors surrounding ‘STARKtember,’ which has been circulating in the community. This buzz comes on the heels of Starknet achieving a milestone of 300 million transactions on its Mainnet, showcasing its rapid growth and user adoption. As…

On Thursday, the prediction markets were incorporated into trade.xyz’s Hyperliquid trading platform via the launch of Events. The platform already operated one of the largest perpetual businesses on the network. Therefore, traders can now trade prices, interest rates, or scores without the need of switching to a different prediction market platform. This is important since trade.xyz does not have to start from scratch. Coin Metrics referred to trade.xyz as Hyperliquid’s top HIP-3 developer by opportunity trading and volume, allowing Events to immediately reach an already established group of traders in cryptocurrency. Events runs on HIP-4, not a separate venue Events…

DroppCC’s CEO, Sushil Dropp, recently outlined how cross-border payments are evolving. He emphasized that despite advancements, significant pain points remain. By integrating real-time payments (RTP) with stablecoins on the Hedera network, the aim is to facilitate instant payments for everyday purchases. This integration could greatly improve transaction efficiency in a global marketplace, as highlighted in Hedera’s tweet. The Story So Far The market context shows that while the broader cryptocurrency landscape is exhibiting mixed signals, Hedera’s ongoing innovations in payment solutions stand out. The potential of combining RTP with stablecoins could significantly enhance transaction speeds, addressing persistent issues related to…

Bitcoin is trading at $77,529.59, up 0.6% over 24 hours, as selling pressure remains subdued but a tougher macro backdrop keeps the recovery capped below $80,000. Ethereum sits at $2,513.99, XRP at $1.38, and the broader market is heading into an important week for both stocks and crypto. A Packed Week Ahead Markets reopen Monday following comments from AI leaders calling for slower development. Tuesday brings the CLARITY Act’s procedural vote in the Senate, followed by the Fed’s interest rate decision Wednesday, the Bank of England’s decision Thursday, and Japan’s CPI data alongside a BOJ decision and quarterly US options…

Uniswap remains the cornerstone of decentralized finance (DeFi), as highlighted by a recent tweet from @DefiLlama. Since its launch in 2018, Uniswap has set the standard for decentralized exchanges (DEXs), achieving a leading position among 1,713 tracked DEXs by total value locked (TVL) and trading volume. As the DeFi space evolves, Uniswap’s historical significance is crucial for understanding future developments in the sector. Source Breaking It Down Uniswap’s impact on the DeFi landscape is undeniable, particularly as it continues to rank first across various metrics. The platform’s pioneering automated market maker (AMM) model has been emulated by countless forks, yet…

Polygon is preparing a permissionless contract that would let anyone permanently burn 100 million $POL, or about 83% of a base-fee collector that Polygon Foundation CEO Sandeep Nailwal said holds 121 million tokens. Nailwal said the contracts are on testnet and would move to mainnet after the final Security Council signatures. The first call would destroy 100 million $POL at once, followed by quarterly burns that anyone in the community could trigger, he said. Polygon’s documentation says the base fee is a network-determined charge that is burned. Nailwal said each base fee adds $POL to the collector. At the stated…

Prediction marketplace Kalshi is planning to bring one of crypto’s most popular trades to U.S. stocks, with perpetual futures tied to companies including Tesla, Apple and Nvidia that could trade around the clock. The operator plans to seek regulatory approval for roughly 60 perpetual futures linked to individual stocks and exchange-traded funds, the Wall Street Journal reported late Thursday. If approved, they would be the first regulated single-stock perps offered in the U.S. Perpetual futures, usually called perps, let traders bet on whether an asset will rise or fall, often with borrowed money, without the contract ever expiring. Traders instead…