Author: NBTC

BingX Launchpad exclusively debuts SOLV tokens, enabling unique participation in Solv Protocol’s DeFi-focused innovations. Solv Protocol simplifies Bitcoin staking and enhances DeFi opportunities, integrating seamlessly with BingX’s Launchpad ecosystem. BingX has announced the exclusive launch of the SOLV token from Solv Protocol on its Launchpad, representing a significant step forward in the integration of decentralized finance (DeFi) and unique token distribution schemes. Users starting January 16, 2025, will be able to subscribe to SOLV tokens and trading on BingX’s spot market will start the next day. Fast-expanding DeFi platform Solv Protocol has attracted interest for its innovative ideas improving liquidity…

Bitcoin prices rose above $99,000 on Thursday, November 21, as the digital currency came ever closer to breaking through the $100,000 level. The world’s most popular cryptocurrency reached nearly $99,400, according to Coinbase data from TradingView. The digital asset, which has generated substantial visibility at many points, has managed to draw even more eyeballs recently as highly favorable market conditions push it to a string of fresh, all-time highs. “The sentiment for Bitcoin is extremely bullish right now: From traders, media, retail investors an big institutions: Everybody wants to be part of the actual bull run which might be still…

The DeFi is going through a turbulent phase with a significant decline in the total value locked (TVL) of prominent blockchains. DeFiLlama, a globally recognized decentralized finance (DeFi) TVL aggregator, has revealed the statistical details of the top blockchains past week. The report reveals top blockchains in terms of TVL include Ethereum, Solana, Tron, Bitcoin, BSC, Base, Arbitrum, Sui, Hyperliquid, and Avalanche. Despite their significant TVL levels, the respective projects have witnessed notable slump. This shows the prevailing uncertainty across the crypto market. The plunging TVLs of the above-mentioned projects raise concerns about their near-term trajectory. Ethereum Dominates Top Ten…

HyperLiquid, a blockchain and derivatives exchange that incentivized early adoption with a large airdrop, is in the news this week for a degenerate example of crypto trading. Rektober, a crypto influencer with 83,000 followers, took just two weeks to lose more than $1 million belonging to people who thought it would be a good idea to tag along in a copy-trading fund. HyperLiquid platformed the losing strategy with its flagship offering, Vaults. On HyperLiquid, influencers can create “vaults” that are basically miniature hedge funds. Although HyperLiquid is careful to prohibit US users and avoid language describing these vaults as though…

This week I had the pleasure of interviewing Jeff Park, head of alpha strategies at Bitwise Asset Management, to unpack the BTC ETF options launch this week. Here are the main takeaways from our interview that I learned: Volatility Smile Typically with risk assets, puts demand a higher premium than calls. This is because most people use options to hedge their longs, creating skewed demand for puts over calls. This typically creates a half smile in the volatility structure as seen below: Something very unique about crypto, however, is that it has a persistent smile to its volatility surface —…

The decentralized finance (DeFi) ecosystem continues to grow at an exponential pace, and one of the most promising advancements is the integration of artificial intelligence (AI) with DeFi—known as DeFAI. This fusion of blockchain technology and AI promises to revolutionize on-chain interactions by offering automated, deterministic, and secure solutions for complex blockchain operations. Today, HeyAnon announces the launch of its latest tool, AUTOMATE, a TypeScript framework that aims to simplify the integration of any DeFi protocol into the HeyAnon ecosystem. https://t.co/R4Z4InR2DB — Daniele (@danielesesta) January 12, 2025 At the core of the HeyAnon vision is a universal “smart layer” that…

An unidentified large XRP transfer was seen in recent hours when, according to a report from Whale Alert, 35 million XRP was transferred between two unknown wallets, which is equivalent to $58.29 million so far. Such transfers are taken quite personally by crypto market participants, especially when unknown addresses are involved. It is believed that such transfers may be harbingers of price manipulation, which, given the current performance of XRP, may have a significant impact on investor sentiment. 🚨 🚨 🚨 35,000,000 #XRP (58,286,649 USD) transferred from unknown wallet to unknown wallethttps://t.co/bkWk2uPIej — Whale Alert (@whale_alert) November 29, 2024 Thus,…

The Supreme Court of Chile has ordered World to erase all records of the biometric data of a 17-year-old teenager. According to the court, several constitutional rights were violated by World’s iris-scanning activities. The data must be deleted within 30 days of this decision. World Gets Slapped by Adverse Legal Decision in Chile: Teenager Biometric Data Involved World, the biometric ID and cryptocurrency wallet project, has been slapped with a negative legal decision in Chile. The Supreme Court of Chile has ordered World to delete biometric data allegedly obtained without permission from a 17-year-old teenager. The legal action was introduced…

Bybit, a globally recognized and 2nd biggest crypto exchange by trading volume, has announced its partnership with Entravel, an exclusive hotel booking service for crypto enthusiasts. The collaboration seeks to improve guests’ traveling experience by offering Bybit platform users discounted luxury hotel bookings. From this partnership, Bybit users can get free membership to Entravel, enabling them to access exclusive rates on over one million hotels globally. These discounts, between 60% and 70% compared to conventional travel booking services, introduce luxury travel. The Bybit Card payment method offers the ease of making payments, allowing the holders of digital assets a smooth…

Bitcoin (BTC) is close to reaching $100,000, with prices hovering just over $99,000 after a recent spike. U.S. spot BTC ETFs have seen over $1 billion in net inflows, with BlackRock’s IBIT leading at $600 million. While there’s strong demand and bullish long-term bets with futures and options pricing above $100,000 into 2025, a short-term pullback near $100,000 is anticipated. Bitcoin (BTC) prices are a little over 1% away from reaching a landmark $100,000, close to 15 years after the asset was first issued. BTC prices spiked above $99,200 early Friday, dipping to $98,600 before holding over $99,000 in Asian…