Author: NBTC

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Two months ago, I reported on some of the woes facing Solana’s smaller validators, which are computer nodes that verify Solana’s ledger is accurate. Solana’s fees and tips were in decline amid apparent fatigue from memecoin traders. In response, the Solana Foundation — the non-profit charged with supporting Solana — set a cap on the commissions that validators could charge while receiving a staking delegation from the foundation, which is a necessity for some small validators. Most crucially, the price of SOL was languishing, limiting upside for…

Lawyer and XRP enthusiast Jeremy Hogan, in a recent lengthy tweet, predicts what might come next for Ripple, Coinbase and other similar lawsuits in the year 2025. Although Hogan hinted at a bit of uncertainty about the specifics of what might happen, he was able to draw a few deductions after listening to former SEC official John Reed Stark. Hogan went ahead to outline a few likely scenarios: his first prediction concerns SEC Chair Gary Gensler, whom Hogan says might step down before Jan. 20, 2025. Following this move, Hogan predicts that the incoming SEC head or interim leader would…

11 November 2024 — Tether, the largest company in the digital asset industry, today announced the launch of WDK Wallet Development Kit by Tether, an open-source, modular software development kit designed to empower businesses and developers to seamlessly integrate non-custodial wallets and user experiences for USD₮ and Bitcoin in any app, website, and device. The announcement is a homage to the foundational vision of decentralized and permissionless financial systems that prioritize user sovereignty for both humans and machines alike. By honoring the recent anniversary of the 2008 publication of the Bitcoin Whitepaper, Tether reinforces and strengthens its commitment to advancing…

As the day starts with a bullish trend ahead of several major events coming, such as the Fed rate cuts and the US Elections, most crypto currencies prices are soaring impressively. Many tokens even grabbed attention to the levels they have reached. But none could outperform Bitcoin, the leading cryptocurrency by a $1.44T in market cap, achieving a new milestone by breaking past its ATH. So, did Bitcoin price breach its ATH Today? 1- Bitcoin Price Analysis In the last 24 hours, Bitcoin has seen a trading volume of $57.06B. This figure not only demonstrates the active trading environment but…

Arbitrum, a leading Layer 2 solution on Ethereum, is steadily establishing itself as a hub in the emerging decentralized finance (DeFi) domain with $2.73 billion TVL. As faster and less expensive than Ethereum’s leading network, Arbitrum draws various DeFi projects, ranging from lending protocols to DEXs and yield platforms. TOP 10 #TVL ON #ARBITRUM $AAVE $GMX $UNI $COMP $PENDLE $GRAIL $VRTX $REZ $BAL $BIFI pic.twitter.com/42ZaJIbV5j — PHOENIX – Crypto News & Analytics (@pnxgrp) November 11, 2024 Top Lending and Yield Platforms on Arbitrum The most valuable project in the ecosystem is AAVE, a lending platform with $821.91 million, which is…

Ethereum’s transaction volume reached $60 billion in the past week, the highest in three months. This reflects renewed interest in Ethereum’s capabilities amid a broader crypto market recovery. https://twitter.com/intotheblock/status/1855902127983350204 Ethereum, the leading smart contract platform, has been attracting renewed interest from investors in DeFi and NFTs from the recent crypto market upheaval after Trump’s election victory, and as the second-largest cryptocurrency, its price has had a significant uptick. The latest surge in Ethereum’s transaction volume, reminiscent of July’s levels, highlights the continued demand for its blockchain services and reflects a strong recovery in community engagement. Unlike Bitcoin, which serves primarily…

Recently, one of the crypto investors, theunipcs.eth entered the spotlight of the digital finance world after earning millions from timely investments in $DOGE and $MAGA tokens. This investor has managed to create an unrealized profit of more than $5 million out of the initial investment of $641,000, proving the crypto market’s profit potential. theunipcs.eth(@theunipcs), a diamond-handed believer!He aped into $DOGE at $2.7M mc, spending 235 $ETH($584K) to buy 33.35M $DOGE($4.7M), with an unrealized profit of $4.12M!He aped into $MAGA at $3M mc, spending 18.45 $ETH($57K) to buy 6.27B $MAGA($452K), with an unrealized… pic.twitter.com/QNeTC3ydT0 — Lookonchain (@lookonchain) November 8, 2024 Investing…

A Chinese public official has been sentenced to life imprisonment for selling state secrets to foreign entities to cover crypto investment losses, China’s Ministry of State Security announced on November 8. The official, named Wang, reportedly faced substantial debts incurred from unsuccessful crypto investments. In a desperate bid to alleviate his financial burden, he turned to an online forum seeking part-time work, inadvertently revealing his status as a civil servant. The decision opened the door for foreign operatives who contacted him with offers of substantial remuneration in exchange for information about his confidential unit’s production tasks and research progress. Wang,…

Stobox, a tokenization platform on the blockchain, has incorporated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR) on Ethereum. These integrations enhance the processing capability of its STBU token in cross-chain for effective and transparent faucet asset-backed tokenization. The integration of Chainlink’s decentralized oracle also strengthens security, particularly in cross-chain transactions and collateral validation. https://twitter.com/chainlink/status/1855958660180001152 Stobox Enhances Cross-Chain Transfers with Chainlink’s CCIP CCP enables cross-chain transfer of Stobox’s STBU token. Through the integration, users can transfer tokens conveniently across chains and increase chain compatibility for the STBU token. This capability of cross-scaffold communication solves key considerations in the…

Bitcoin (BTC) is not showing signs of frenzy, unlike March, which indicates room for further growth in price, according to K33 Research report published on Oct. 29. As of press time, BTC was trading at $73,500, roughly $300 away from setting a new all-time high. Despite the impressive over 8% gain over the past week, Bitcoin’s trading volumes remain subdued. Daily trade volume averages $2.6 billion, nearly half the levels observed in the year’s first quarter. The relatively quiet market activity suggests a healthy, gradual buildup rather than panic-driven buying. Additionally, Ethereum (ETH) lags behind, with the ETH/BTC trading pair…