Author: NBTC

In a bold expression of massive-stakes cryptocurrency trading, a trader has recently experienced an enormous liquidation. However, as Lookonchain disclosed, Despite losing 946.6 $ETH (nearly $3.08M) after a sudden dip in Ethereum’s price, the anonymous trader has kept borrowing $USDT. The on-chain analytics platform took to its official social media account on X to share this incident. What a reckless gambler!After the price of $ETH dropped, this trader was liquidated for 946.6 $ETH($3.08M)!However, he didn’t rush to repay the debt and continued borrowing $USDT from #Aave to buy more $ETH.His health rate was 1.04.https://t.co/9sa4EA3WTh pic.twitter.com/R2SkfNgkZo — Lookonchain (@lookonchain) November 12,…

99% of Turkish investors are familiar with digital assets, a spectacular rise from 16% in 2020, a new survey by a local exchange has found. The survey by Paribu exchange revealed that digital assets have now become the third-most favored investment in Turkey, toppling real estate from last year’s survey. Investors are now nearly twice as likely to invest in digital assets as in stocks and mutual funds. The trend is consistent with other nations in Asia, where digital assets are replacing stocks and mutual funds, especially among younger investors. In Indonesia, digital asset investors hit 20 million this year,…

Carbonlarity has launched on the VeBetterDAO App with energy energy-saving solution. The Carbonlarity fun idea is to gamify electricity spending with friends. Carbonlarity, a ReFi and DePin platform addressing carbon traceability in different scenarios, has debuted on the VeBetterDAO App. With the integration, Carbonlarity takes blockchain-powered carbon traceability and data sharing to a new level. Cabonlarity Simplifies Energy Saving Popular blockchain analyst Collin Brown revealed in an X post that Carbonlarity is set to introduce an innovative smart plug. According to the analyst, users can purchase the device with fiat or B3TR, the utility token of the VeBetterDAO ecosystem. The…

Silk Road founder Ross Ulbricht is cautiously optimistic about his potential release after a decade-long incarceration. The notorious darknet marketplace remains famous for facilitating millions in illegal transactions using Bitcoin (BTC). Ross Ulbricht Awaits Possible Freedom For Bitcoin-Aided Crimes Ulbricht, who has been serving a double life sentence since 2015 without parole, expressed gratitude to those who supported Donald Trump’s presidential bid. In a post shared on X (formerly Twitter), he said he hoped that the former President might honor his commitment to commute his sentence after taking the Oval Office. “Immense gratitude to everyone who voted for President Trump…

San Francisco, CA — Huma Finance, the first Payment Financing (PayFi) network that recently surpassed $2 billion in transactions, has officially launched its protocol on the Solana blockchain. This expansion marks a major milestone in Huma’s mission to provide powerful, on-demand liquidity solutions, revolutionizing payment financing for global businesses. (Cover photo: Huma Co-Founder Erbil Karaman)—With Solana’s high-speed, low-cost infrastructure, Huma is poised to scale its PayFi network and meet the rising demand for affordable, accessible, and secure on-chain payment financing. The addition of Solana, one of the fastest-growing blockchains in the world, is a strategic move to offer instant liquidity…

Popular crypto strategist Benjamin Cowen is warning that one macroeconomic data could derail Bitcoin’s (BTC) breakout above $70,000. Cowen tells his 873,000 followers on the social media platform X that he believes Bitcoin’s reaction around the $70,000 psychological level will determine whether BTC follows the cyclical or the monetary policy view. The analyst points out that while Bitcoin has historically rallied during Q4 of a halving year, the anticipated breakout surge could be delayed by months if BTC follows the monetary policy view by taking a cue from macroeconomic data. “The cyclical view of BTC says it should go up…

This is a segment from the Empire newsletter. To read full editions, subscribe. Nobody really wonders what the next bitcoin will be anymore. That’s because Bitcoin won. There’s no “next” Bitcoin. Bitcoin is the next bitcoin and it’s already here. Better to build something else. It’s natural, then, that a fixation on the next Ethereum would then take over. After almost a decade of smart contract platforms launching to rival Ethereum, we now have more than 30 coins which you might consider would-be ETH killers. That includes tokens for newer chains like Sui, Sei, Celestia and TON, as well as…

Hong Kong is actively working to become a leader in digital finance by introducing tokenized real-world assets (RWAs). Driving this effort is the “Ensemble” project, launched under the Hong Kong Monetary Authority’s (HKMA) sandbox framework. Through this initiative, the city-state aims to use blockchain technology to transform how traditional assets, such as real estate and bonds, are traded and managed on-chain. By streamlining processes and increasing liquidity, RWA tokenization is expected to drive innovation in financial markets, making Hong Kong a more attractive digital finance hub and setting a new standard for asset management. What is The Ensemble Project Launched…

Solana expanded its influence as a fee-generating chain, surpassing Bitcoin on a monthly basis. The chain still lags behind Ethereum, but shows the marked effect of meme token launches and trading. Solana was among the most actively growing networks, taking up a bigger share of generated fees. In October, Solana’s share of fee-generating networks increased to a record, while other networks slowed down. Solana marked a shift in October, as the market’s attention turned to meme tokens and cheap on-chain DeFi. Raydium, Jupiter DEX, and Pump.fun remained Solana’s top three apps, making up the bulk of the chain’s traffic. Solana…

Certain members of the crypto community would love to wave goodbye to US Federal Reserve Chairman Jerome Powell when Donald Trump becomes president. The two men have sparred for years, and crypto promoters want to see Trump surrounded with loyalists who keep markets sailing smoothly. Already assuming that Trump will find some way to oust Powell, potential candidates for his replacement are already circulating. Current top guesses include Scott Bessent, Kevin Warsh, Kevin Hassett, David Malpass, and Judy Shelton. Powell and Trump famously clashed over interest rate policies in 2018 when Powell declared he was prepared to defend the Fed’s…