Author: NBTC

Solana (SOL), popularly known as the “Ethereum killer,” has recorded significant dominance over Ethereum (ETH) and Tron (TRX) in a key metric. In the last 24 hours, Solana has raked in $2.06 million in transaction fees. Solana sees surge in transaction fees Data from DeFiLlama shows that Solana’s cumulative revenue fees rank it ninth, ahead of Ethereum and Tron. USTD, USDC, PancakeSwap (CAKE), Pump.Fun and Meteora are ahead of SOL in fee generation. Others include Jito, Uniswap and Lido. Tron, which came in at 11th place, could gain $1.68 million in fees in the same time frame. Meanwhile, Ethereum is…

Binance has announced that it has taken decisive action against a market maker involved in allegations of irregularities involving GoPlus Security (GPS) and MyShell (SHELL). Following an internal investigation, Binance found that the same market maker responsible for GPS market activities was also involved in MyShell’s market making activities. In response, Binance removed the entity from its platform and banned it from conducting any further market making activities. Binance has implemented the following measures to protect its users and maintain market integrity: Market Maker delisted: The designated market maker has been removed from the system and is now prohibited from…

Coinbase (COIN) shares rose 5% in pre-market trading today on news that the U.S. Securities and Exchange Commission (SEC) will drop its lawsuit against the crypto exchange. COIN Up 5%, HOOD Gains 4%, Bitcoin Nears $100K as SEC Prepares to Drop Coinbase Case The regulatory change has created a new wave of bullish momentum in crypto markets, pushing Bitcoin (BTC) back toward the $100,000 level for the first time since early February. According to CoinGecko data, tokens previously labeled as securities have rallied in lawsuits filed by former SEC Chairman Gary Gensler. The SEC’s withdrawal of its high-profile lawsuit against…

This is a segment from the Empire newsletter. To read full editions, subscribe. If you ask Simon Dedic of Moonrock Capital what he wants to see in crypto, there’s one big item on his list: more consumer apps. In the last year, we’ve seen a slew of investments in infra projects — and we’ve even asked the question ourselves over at Blockworks: Are we building too much infrastructure? While Dedic would prefer to see more investments in consumer apps, he told me he wouldn’t be surprised if infrastructure remains a focus, at least on the venture capital side. “I just…

The LIBRA meme coin, initially framed as a funding mechanism for Argentina, has left a trail of empty wallets and shattered trust following its launch and subsequent collapse. The fallout revealed an $11 million crater of unrealized losses still hanging over 1,001 remaining holders, according to new research from blockchain analytics firm Nansen. Reaching a peak of $4.5 billion in valuation before its decline, the LIBRA token’s on-chain aftermath showed that a small group of wallets profited while most traders experienced losses. “Unrealized losses exceed unrealized gains by $4.57 million, highlighting a significantly larger imbalance,” Nansen analyst Nicolai Søndergaard wrote…

Spanish financial giant Banco Bilbao Vizcaya Argentaria (BBVA) has gotten approval from the country’s financial regulator to offer bitcoin (BTC) and ether (ETH) trading to its clients, according to a Reuters report. The approval come as the Markets in Crypto-Assets (MiCA) regulation takes full effect across the European Union. This approval for BBVA marks the conclusion of a multi-year process for the Spanish lender to allow for its clients to get exposure to digital assets. In 2020, CoinDesk reported that BBVA planned to dip its toes in the sector, pending regulatory approval because MiCA wasn’t yet in place. BBVA initially…

Bitcoin, the first and largest cryptocurrency by market capitalization, has been consolidating for weeks and is trading within a relatively stable range of $93,000-$98,000. Bitcoin sought to rise over its current all-time high of $109,114, reached Jan. 20, 2025, and return to price discovery. This rally, however, did not gain the requisite momentum. Following Bitcoin’s second attempt to break above $105,000 in late January, the market has entered a phase of contraction and consolidation, with price momentum falling substantially across key assets. #Bitcoin’s 1-week realized volatility has collapsed to 23.42%, nearing historical lows. In the past four years, it has…

YZi Labs, the investment arm of cryptocurrency exchange Binance, has announced a strategic investment in Tensorplex Labs, a decentralized AI lab focused on developing AI applications, infrastructure, and tools using decentralized technologies. This investment will allow Tensorplex to expand its team, accelerate research and development, and drive adoption of decentralized AI solutions. According to the announcement made by YZi Labs, Tensorplex Labs is at the forefront of the decentralized AI revolution by pioneering solutions that integrate blockchain with AI. The company’s main products include Tensorplex Dojo (Dojo), a foundational infrastructure designed to enhance human-AI collaboration, and Backprop Finance, a comprehensive…

Ondo Finance (ONDO) is leading the RWA sector by transaction volume, significantly outpacing other RWA tokens in recent months, according to IntoTheBlock. While its transaction volume was relatively low for most of the year, a notable surge began in late 2024, when the token achieved the highest transaction volume among those tracked. That volume spiked to over 400 million in January 2025, but has since dropped to under 300 million, though it still significantly outpaces other tokens in the RWA space. This surge in transaction activity comes hand in hand with other key developments at Ondo Finance. Most notably, on…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Some believe the Senate’s vote to overturn the so-called DeFi broker rule is a win that goes beyond this specific issue. If you need a refresher, the IRS revealed a rule in December that sought to force tax reporting requirements on crypto software providers — even those not acting as intermediaries. Fast forward to the following month, when the overwhelmingly pro-crypto Congress was sworn in. Two days after Trump’s inauguration, Sen. Ted Cruz and Rep. Mike Carey floated a Congressional Review Act (CRA) resolution to reverse…