Author: NBTC

In the Ancient Greek tale of Oedipus, great rewards awaited travelers able to solve difficult riddles, but a powerful sphinx posed the riddles and devoured those who failed to solve them. Similarly, in ancient crypto times, circa 2017, blockchain technology stood to revolutionize finance and other fields. But two challenges stood in the way of this technology enjoying its full potential: (1) securities laws that don’t easily map onto decentralized systems, and (2) a securities regulator hostile to digital assets, which often posed grave risks to those who tried to solve the first challenge. Today, the sphinx has resolved to…

Florida’s Insurance and Banking Subcommittee unanimously passed a bill supporting a state-level Bitcoin Reserve. It will now head to the legislature. This is the first state Bitcoin reserve bill to pass the House committee with zero votes against it. Although most of the initial comments were highly skeptical due to recent market chaos and fiscal conservatism, state sponsor Webster Barnaby and other supporters won them over. Florida Advances in the State Race for a Bitcoin Reserve Over the last few months, a spree of Bitcoin Reserve bills have swept through US state legislatures. Although these initiatives have seen setbacks due…

Optimism has seen an increase in cross-chain transfers, while Base dominates DEX transactions, with Ethereum consistently trending down. DeFi markets are experiencing major shifts recently. According to Dune analytics, Optimism (OP) has seen significant growth in cross-chain transfers. At the same time, Base is leading in DEX transactions and fees. 1/ On April 8, @Optimism led all chains in value transferred:$410MThat’s nearly 40% of all value moved across major chains in one dayAlso topped in value per transaction: 0.22 ETH avg per transaction pic.twitter.com/4kNjHVCwmy — Dune (@Dune) April 10, 2025 Traders moved $410 million in value transfers to and from…

As the broader crypto market battles volatility driven by escalating trade tensions, TRON (TRX) is experiencing record network demand. Governed by TRON DAO, the blockchain has generated over $900 million in fees year-to-date, according to TokenTerminal—a clear sign of rising network activity. At press time, TRX is trading at $0.2362, marking a 0.78% gain for the day. With a market capitalization of $22.43 billion, TRON continues to hold its position as the ninth-largest cryptocurrency by overall market value. TRON sees a surge in stablecoin activity This fee milestone comes as TRON experiences a notable surge in on-chain usage. According to…

Mode (MODE), an Ethereum (ETH) Layer 2 (L2) network, has officially launched Mode Trade, a new native decentralized exchange (DEX) for perpetuals built in collaboration with Orderly Network (ORDER), as announced to Finbold on Thursday, April 10. The new platform combines Orderly’s unified trading infrastructure, deep liquidity, and robust backend with Mode’s user experience model powered by artificial intelligence (AI). Currently, Mode Trade features are reserved for Giga stakers with at least 400,000 veMODE, with a limited-access whitelist for additional traders announced for the near future. Mode Trade AI trading features Mode Trade offers a suite of AI tools designed…

Just two months ago, the total value of funds locked (TVL) on HyperLiquid, a decentralized derivatives exchange (DEX) that allows traders to generate returns by staking to a shared vault, sat at a record $540 million. Now, users are fleeing, TVL has slumped to $150 million and the yield has dropped to a measly 1%, in many cases, less than they’d get if they stashed their cash in a bank account. At issue is an exploit that saw one user manipulate the price of a token called JELLY and force the vault, known as Hyperliquidity Provider, into a loss. But…

Ethereum Leads Recovery After Trump Halts Tariffs The crypto market is rallying hard after U.S. President Donald Trump announced a 90-day pause on the escalating trade war with many countries worldwide. The decision came as a relief to global markets, and crypto assets were no exception. While Bitcoin and other major altcoins bounced back, Ethereum (ETH) stood out as a top performer among the top 10 cryptocurrencies—especially after a week of steep losses. Top cryptos by market cap – coinmarketcap ETH Price Analysis After Crypto Market UP At the time of writing, Ethereum is trading around $1,660, up a whopping…

March activity on centralized exchanges slowed down as a whole, following the trend for the whole of Q1. Crypto derivatives remained more resilient, finishing the month with a smaller contraction. In March, centralized trading for all crypto assets slowed down, following the overall trend of losing volumes for the whole of Q1. Derivative trading proved more resilient, only contracting by 5%. Centralized exchanges brought in global traffic, though mostly from crypto-friendly regions. The March outflow reflected bearish attitudes and outflows from the South Korean market, as well as the US market. Binance’s traffic and activity reflected robust levels of interest…

According to Lookonchain data, an Ethereum OG has just sold nearly $17 million worth of ETH at nearly $1,600. Prior to this, the address had been dormant. The address in question received its ETH when the altcoin was trading at just $8. Notably, the whale refrained from making massive profits when ETH was trading at nearly $4,000. The address in question tends to sell during major market corrections. It is unclear why the O.G. decided to capitulate now, but the decision might be motivated by overwhelming bearishness surrounding Ethereum. On Apr. 9, Ether dropped to yet another multi-year low of…

Itaú Unibanco, Brazil’s largest bank by assets, is exploring whether to issue its own stablecoin as regulatory discussions evolve and U.S. financial institutions slowly move into the sector. The decision could hinge on how American institutions fare with their stablecoin rollouts, said Guto Antunes, head of digital assets at Itaú. At an industry event in São Paulo, Antunes cited the growing momentum behind blockchain-based settlement systems. “Itaú has always had stablecoins on its radar. We cannot ignore the strength that blockchain has to settle transactions atomically,” local media quoted him saying. Stablecoins, for now, remain a “topic on the agenda.”…