Author: NBTC

Pendle has officially launched its PT Looping feature, significantly enhancing the trading process for its users. This new functionality allows for one-click transactions, drastically reducing the time and effort involved in supplying, borrowing, and swapping tokens. The innovation is expected to attract more users and increase trading activity on the platform, as highlighted in a recent tweet by Pendle. What Went Down In the context of a mixed sentiment across the broader crypto market, Pendle’s PT Looping launch arrives as a timely enhancement. The feature aims to simplify transactions that previously required considerable manual effort. With the ability to execute…

Arthur Hayes, a prominent crypto trader, recently revealed a bullish price target for $ENA at $0.50. He bought 25.33 million $ENA for $5.53 million a month ago, currently holding an unrealized profit of $3.28 million. This move may draw interest from other traders looking to capitalize on the potential price surge, as detailed in a recent tweet from Lookonchain. What Happened The broader crypto market is currently experiencing mixed signals, with individual assets showing varying momentum. Hayes’ bold prediction comes at a time when traders are closely monitoring market dynamics. His significant purchase of $ENA not only highlights his bullish…

What is the proper role for a policymaker in setting rules for a rapidly developing technology? Too often, policymakers move slowly and the technology develops before proper rules can be put in place. And to be fair, legislation that puts guardrails around new technology without stunting its growth, while also protecting consumers, is not easy. But when a good-but-not-perfect bill is on the table to do just that, Congress should seize the opportunity and vote yes. That is exactly where we are on the eve of the Senate vote on Clarity. When FTX collapsed in November 2022, I was a…

Grindr’s tokenized stock has made a significant impact, generating $31 million in trading volume on Solana within just 24 hours. This surge in activity, nearly twice its NYSE volume, is being highlighted by crypto commentator @SolanaFloor. As Solana continues to innovate in the tokenized asset space, this development could signal a broader acceptance of such trading within the crypto ecosystem. Breaking It Down Solana is increasingly becoming a hub for innovative financial products, as evidenced by the recent trading activity surrounding Grindr’s tokenized stock. The reported $31 million in volume in less than a day underscores Solana’s ability to attract…

Bitcoin has remained trapped between large liquidation zones near $76,000 and $82,000 as falling spot-market selling meets rising leverage before the Federal Reserve’s interest-rate decision. Bitfinex analysts said in their latest Bitcoin market report that leverage has accumulated on both sides of the month-long range, leaving Bitcoin vulnerable to sharp moves after the Federal Reserve announces its policy decision. Bitcoin ($BTC) traded near $79,100 at the time of writing, placing the asset between the main liquidation areas identified by the analysts. Buyers have repeatedly failed to secure a breakout above the low-$82,000 region, while sellers have not managed to push…

Frax Finance has announced a significant collaboration with Gearbox Protocol, integrating frxUSD as the underlying stablecoin for a new real-world asset (RWA) leverage market. This move aims to enhance liquidity and streamline access for institutional players in the DeFi space. The announcement comes amid rising interest in automated solutions for RWAs, potentially reshaping the market landscape. For more details, check the official announcement on Twitter. The Key Development The recent collaboration between Frax and Gearbox represents a pivotal moment in the DeFi landscape. By integrating frxUSD as the foundational stablecoin in Gearbox’s new RWA market, both projects are set to…

Ivo Crnkovic, co-founder of Pascal, recently emphasized Solana’s unique strengths in the blockchain space. His remarks point to Solana as a standout ecosystem with a solid brand and an engaged community. This dynamic could pave the way for further innovation and development, illustrating the potential for increased participation from builders in the space. For further details, check the original tweet. The Latest In the past 24 hours, discussions around Solana have gained traction following Ivo Crnkovic’s praise for its community and brand. He pointed out that Solana is distinctive for its combination of a strong identity and an enthusiastic user…

Tuesday’s Senate cloture vote requires 60 senators, forcing the measure to draw bipartisan support. Clearing that threshold would be an important political milestone, but it would not amount to final Senate passage. Lawmakers could still face a lengthy amendment process of the bill. Any changes would also have to be reconciled with the House before legislation could head to the president, while the congressional calendar adds another source of uncertainty. The next move belongs to the Democrats, because this wasn’t a negotiated package, one analyst said. Jaret Sieberg, a financial policy analyst for TD Cowen, said the Democratic lawmakers may…

In the span of just one day, Binance’s bStocks added 78 new asset-chain deployments, significantly enhancing their market coverage. This surge brings total listings to 8,936, underscoring Binance’s competitive edge in the tokenized assets market. The new listings include tokenized stocks, funds, and stablecoins, which could reshape investor interest in this growing sector. For more insights, see the original report on Token Terminal. What Went Down The recent expansion of Binance’s bStocks marks a significant milestone in the tokenized stocks arena. With 78 new asset-chain listings, Binance is positioning itself as a leader in the rapidly evolving market for tokenized…

A future quantum-safe Bitcoin will have to pass through the systems that hold and move today’s coins. Exchanges, institutional custodians, hardware wallets and key-management platforms would all need to adopt new rules while continuing to process deposits, withdrawals, approvals, backups and recoveries. That operational challenge moved to the center of the debate after Coinbase published a September 9 account of a post-quantum Bitcoin workshop it hosted with Stanford and Localhost Research. Coinbase said the closed-door session brought together developers, cryptographers, institutional custodians and hardware-wallet experts. Participants reached no consensus on an exact post-quantum approach and identified open tradeoffs involving transaction…