Author: NBTC

This is a segment from the Empire newsletter. To read full editions, subscribe. Air traffic control is often pegged as the most stressful job in the world. Managing private key security at Coinbase might just take the cake. Coinbase is big. Influential. On the front lines of the war for hearts, minds and regulatory clarity. There’s no greater way to prove Coinbase’s standing in the crypto space than by just how much of it is given to it for safekeeping. We know now that Coinbase users held $272.7 billion in crypto at the end of September, plus an additional $4…

The Core Foundation on Thursday unveiled LstBTC, an ERC-20 liquid staking token pegged 1:1 with Bitcoin (BTC), aiming to solve a longstanding dilemma for Bitcoin holders: the choice between earning staking rewards and maintaining liquidity. This allows BTC holders to earn daily rewards in CORE tokens while keeping their Bitcoin liquid for use in decentralized finance (DeFi) applications at the same time. Speaking with Decrypt, Rich Rines—an initial contributor to Core DAO—said that Bitcoin makes up half the crypto market cap yet represents a tiny fraction of DeFi activity. This is in part because there hasn’t been a sufficiently promising…

Temasek, a Singaporean investment firm, shows concerns over the potential impact of Donald Trump’s presidential victory on the global economy. According to a Bloomberg report, Temasek’s chief investment officer, Rohit Sipahimalani, argues that while Trump may appeal to markets due to his stances on tax cuts and deregulation, his policies could strain international growth in the long term. With the U.S. presidential election coming up in a week, Sipahimalani suggests that Trump’s policies could hinder both U.S. and global companies, especially those with extensive overseas operations. The Bloomberg report indicates that Temasek’s assessment contrasts with some pro-Trump investor sentiment. Notably,…

Nervos Network (CKB) went through an almost vertical rally this week, after a recent Upbit listing. Volumes on the South Korean exchange keep propping up the asset, causing temporary price disparities. Nervos Network (CKB) was the latest token to pop off, speeding ahead of the market’s recovery. CKB peaked at $0.020, but price action remains strong. In the past week, CKB also carried a premium on Upbit, rising as high as $0.04 in the Korean won equivalent. CKB rallied by more than 113% in the past week, doubling its trading volumes to nearly $600M in a single day. The asset,…

Telegram game W-Coin has announced that its token launch on The Open Network (TON) is set for December, as an airdrop follows closely. However, the team won’t be receiving any tokens. W-Coin’s anticipated token launch comes after some of the biggest games of the tap-to-earn craze debuted their tokens over the last few weeks, with Hamster Kombat and X Empire both holding their airdrops. After waiting out the hype cycle, the developers of W-Coin say they’re gearing up to roll out their own token. On Thursday, W-Coin announced via Telegram that 70% of its token supply will be allocated to…

Uniswap Labs has introduced a new way for users to buy crypto using their Venmo balance via MoonPay on its Web platform and Wallet app. Venmo is now available on Uniswap Web and Wallet This new onramp allows you to buy crypto right from your Venmo balance, powered by @moonpay Taking us one step closer to bringing the world onchain 💫 pic.twitter.com/49ThamOyyD — Uniswap Labs 🦄 (@Uniswap) October 31, 2024 The integration provides access to Venmo’s 60 million active users, creating a new pathway for users to participate in DeFi on Uniswap’s platform. Earlier this month, MoonPay announced a significant…

The crypto market has been struggling with prolonged sideways movement in recent months. Since March 2024, the market has failed to make a successful breakout above previous peaks, leaving investors frustrated. According to a recent report by CryptoQuant analyst Crypto Dan, this continuous pattern of stagnation leads many to wonder when the market might see a significant rebound. While there are some short-term factors that may provide relief, the overall sentiment in the crypto space remains cautious. Is The Crypto Market Stuck? One key observation made by Crypto Dan is the emergence of a “Dead Cross” on the short-term and…

Long-term Ethereum (ETH) holders have displayed strong confidence in the cryptocurrency’s potential for continued price growth, especially compared to short-term investors. BeInCrypto noted this trend after analyzing market sentiment using on-chain data. This sentiment could be linked to ETH’s recent resurgence, which has pushed its price above $2,600. However, the key question remains: will Ethereum’s value keep climbing? Ethereum LTH-NUPL Suggests Growing Confidence In August, Ethereum’s Long-Term Holders Net Unrealized Profit/Loss (LTH-NUPL) positioned in the “belief zone” (green). The LTH-NUPL metric assesses the sentiment of investors who have held onto their ETH for at least 155 days, gauging their unrealized…

Tokenized funds may grow to $600B by 2030, offering investors faster, more accessible asset management with $100B in annual returns. DLT-based tokenization could add $180B to investment markets, with demand rising from both traditional and virtual asset investors. Aptos powers tokenized assets with low fees, high-speed transactions, and user-friendly access, boosting DeFi in emerging markets. Aptos Labs, alongside partners BCG and Invesco, predicts an asset management revolution through tokenization. Virtual asset owners represent $290 billion in potential demand today. This figure could rise, with assets under management (AuM) in tokenized funds projected to reach $600 billion by 2030. Additionally, tokenized…

Sonic SVM, a key player in the Solana Virtual Machine (SVM) ecosystem, has announced the public sale of its HyperFuse Nodes, according to the most recent updates shared with Finbold on Wednesday, September 18. The sale represents a fresh opportunity for the community to take part in the expanding SVM landscape and secure a stake in the future of the Solana (SOL) network. HyperFuse Tier 1 Node Raffle STARTS NOW! 🚀📍 Join here: https://t.co/gTWqVKSnmUOnly 24 hours to participate: · Ticket Price: $155· 3,000 Tier 1 nodes, unlimited tickets· Unlimited nodes per address.Guide for #HyperFuseNode Raffle: https://t.co/TKAQJtZvLK pic.twitter.com/6SiZY8LGD8 — Sonic (Odyssey…