Author: NBTC

Stablecoin transfer volume fell 19.18% to $831B in 30 days, yet market cap and holders rose as $USDT, $USDC, and $DAI added billions while Ethena’s $USDe saw $1.1B outflows. Stablecoin transfer volume declined 19.18% to $831 billion over the past 30 days, signaling reduced on-chain activity even as the broader stablecoin market continues expanding. Despite the sharp drop in transaction throughput, total stablecoin market capitalization increased 2.06% to $305.29 billion, while the number of holders rose 2.32% to 246.94 million, reflecting sustained adoption and holding behavior across digital dollar ecosystems. Stablecoins are cryptocurrencies designed to maintain a stable value by…

Kazakhstan claims it has finalized the legalization of crypto transactions in its economy with an updated legislation that entered into force earlier this month. While cryptocurrency payments are now supposedly legal, too, it has become clear that the fiat tenge remains the only legal tender in direct purchases. Kazakhstan adopts rules for crypto circulation Cryptocurrency has been formally recognized in Kazakhstan since the enforcement of the law “On Digital Assets” in 2023. But legal options to transact with it were quite limited. One could easily buy digital cash or acquire it through mining, but there was almost nowhere to spend…

Bitcoin, the leading asset in the cryptocurrency market, is maintaining a relatively strong stance despite geopolitical tensions in the Middle East and rising oil prices. However, recent data suggests that the upward momentum may be weakening. The decline in demand, particularly from the US, is noteworthy. Coinbase Premium, a key market indicator, has fallen to its lowest level in the past month. This suggests a relative decrease in interest in Bitcoin among US investors. Coinbase Premium provides important signals about local demand by measuring whether prices on the US-based Coinbase exchange are trading at a premium compared to the global…

Pendle, a decentralized finance (DeFi) protocol specializing in yield tokenization, has announced a significant position in Strategy’s perpetual preferred stock, STRC. According to a statement on X, the protocol currently holds 2,453,331 STRC shares in a non-custodial manner through its dedicated STRC yield coin market. Understanding the STRC Yield Coin Market The STRC yield coin market is a specialized segment within Pendle’s broader ecosystem, designed to facilitate liquidity for Strategy’s perpetual preferred stock. By holding these shares non-custodially, Pendle enables users to trade and earn yield on STRC without relinquishing control of their assets to a centralized intermediary. This approach…

Coreweave (CRWV), SoftBank Group (9984.T), Broadcom (AVGO), Advanced Micro Devices (AMD), Nvidia (NVDA), and Oracle (ORCL) fell because traders are no longer treating OpenAI’s spending plans like free money. A report said OpenAI has not hit some of its own growth and sales goals, and that was enough to hit the whole AI infrastructure trade on Tuesday. The damage was not small. Oracle dropped 4%, even with its $300 billion five-year compute partnership with OpenAI still in place. Broadcom lost 4%. AMD fell 3%. Nvidia slipped more than 1%. Qualcomm (QCOM) went down 0.2%, though it finished above its weakest…

Nansen detected $47.5 million in $ZRO accumulated across 9 wallets funded entirely through Coinbase Prime. Eight of the nine wallets were funded within a four-hour window on March 9. The accumulation began exactly three weeks after LayerZero CEO Bryan Pellegrino announced the Zero L1 chain. Nine wallets accumulated $47.5 million worth of LayerZero’s $ZRO token over the past several days, and according to blockchain analytics firm Nansen, almost nobody noticed it happening. The data shows 24.5 million tokens, representing 2.6% of circulating supply, accumulated at an average entry price of $1.94 across nine wallets with not a single sell recorded…

Nigel Farage now claims that the £5 million ($6.7 million) “gift” he received from billionaire crypto entrepreneur Christopher Harborne was a “reward” for 27 years of Brexit campaigning. The Reform UK leader made the claim in an interview with the Sun’s Editor-At-Large, Harry Cole, just days after it was revealed that he was to be subject to an official government inquiry. Farage claims that the money was given on an “unconditional basis,” and that it was “a reward for campaigning for Brexit for 27 years.” However, he previously claimed that Harborne gave him the millions to cover his security expenses.…

Bitcoin mining is an energy-hungry business even when you’re paying for the power. When you’re not, it tends to attract attention from people with badges. Thai authorities dismantled a large-scale illegal Bitcoin mining operation in Nan Province, where operators allegedly stole more than $80,000 worth of electricity to keep their rigs humming. The bust is part of an escalating nationwide effort to shut down mining setups that bypass the grid and pocket the savings. A pattern of power theft across multiple provinces In Pathum Thani, authorities seized 63 mining rigs linked to an estimated financial loss of over 11 million…

In a groundbreaking move to efficiently secure its tokenized asset ecosystem, TT Chain, a Layer-2 blockchain built for real-world asset (RWA) applications, today announced a strategic partnership with AegisAI, an AI-native security intelligence platform. With the collaboration, TT Chain integrated AegisAI’s agentic security intelligence infrastructure to incorporate advanced Web3 artificial intelligence security features to power an unmatched secure user experience on its RWA network. TT Chain functions as a Layer-2 blockchain that has expertise in supporting real-world asset (RWA) tokenization and cost-efficient and seamless cross-chain movements. 🛡 Secure Assets, Smarter ProtectionWe’re pleased to connect TT Chain’s “consumer-grade” RWA infrastructure —…

The US House of Representatives has slowed down the Tennessee Bitcoin Reserve Bill (HB1695) by putting it “behind the budget.” This means the bill is not a top priority right now. Because of this, the bill has stalled in the House. However, the Senate version is still moving forward. At the same time, more US states are exploring the idea of adding Bitcoin to their public reserves. Tennessee Bitcoin Reserve Bill Faces House Delay According to reports, the US House considers Bill HB1695 a low-priority bill, relegating it to the back of their agenda. This action contrasts with the Senate…