Author: NBTC

How the Fifth Burn Was Funded The round drew on two funding sources named in the announcement: $9,280,216 of third-quarter net income and $10,340,249 from a historical revenue allocation. The 170,723,144 $JST removed this round represented 1.72% of total supply and was valued at $23,531,749 at the time of the burn. The DAO published the transaction hash for the transfer, so holders can verify the removal directly on the Tron blockchain explorer. Cumulative Supply Reduction Reaches 19% Across all five quarterly rounds, the DAO has now burned 1,881,973,007 $JST, equal to 19.01% of the token’s supply as of October 16.…

Ondo has announced the launch of its OpenAI Exposure Note (OPAIPon), marking a significant milestone in the tokenized asset market. This first pre-IPO asset from Ondo Private Markets is now live, with a reported market cap of $19.1 million. As stated by @tokenterminal, this development could pave the way for new investment opportunities. The Story So Far The broader crypto market is showing mixed signals, with Ondo’s new asset listing drawing attention among traders. The OpenAI Exposure Note is tokenized on Ethereum, providing a unique entry into the burgeoning field of pre-IPO investments. The initial response from the market has…

Token Metrics Currently, the cryptocurrency market is experiencing fluctuating dynamics, with no significant price movements reported for major assets. The broader context of this news suggests that while trading volumes are low, the announcement from xStocksFi may stimulate interest among traders and investors, potentially leading to increased activity in the DeFi space. This development aligns with the ongoing evolution of decentralized finance as a critical component of the crypto ecosystem. xStocksFi operates within the decentralized finance sector, providing innovative financial solutions through blockchain technology. The recognition of surpassing $100M in deposits positions xStocksFi as a leader in the growing DeFi…

Why Bitwise Chose $NEAR For Hougan, Bitwise’s chief investment officer, $NEAR offers exposure to a project whose existing transaction capabilities support a much larger ambition in AI. He believes investors will increasingly distinguish between cryptocurrencies based on what their networks deliver. “Increasingly in the future, I think we’re going to see idiosyncratic returns specific to individual projects, how they execute and what market they’re going after,” Hougan said. That is a portfolio thesis, rather than an established outcome. Its appeal depends on $NEAR developing sources of demand that distinguish it from the broader market. Hougan’s selection criteria also include staying…

This proves that there is a gap between the growth rate of tokenized assets and CCIP adoption right now. Source: RWAxyz Against this backdrop, to say that Chainlink is a rising bridge between TradFi and DeFi seems premature. Especially given the relatively small role of CCIP within the overall RWA market. However, what if the gap has less to do with the Chainlink’s network fundamentals, and more to do with the market underestimating the importance of the $LINK token in connecting TradFi platforms with decentralized oracle networks? Notably, this is where Japan’s recent move begins to add weight to this…

By the Numbers Currently, Alpaca’s price remains unlisted, reflecting its growing role rather than immediate market fluctuations. The absence of trading volume suggests a wait-and-see approach from investors as they digest this latest development. Nevertheless, the underlying sentiment indicates a potential shift toward increased trading activity in tokenized stocks, particularly as institutional players take note. Alpaca is a leading provider of trading and custodial services for digital assets, facilitating access to a wide range of tokenized securities. As a custodian, it holds the underlying shares for these assets, which enhances their legitimacy and appeal in the market, especially amid evolving…

Myriad: How high will Bitcoin go? Click to make your prediction. BlackRock’s iShares Bitcoin Trust (IBIT) did the heavy lifting with $665.2 million, more than the entire net total, according to Farside Investors. Fidelity’s FBTC lost $83.6 million and Grayscale’s GBTC lost $54.9 million, while the other funds recorded no flows at all. Other crypto funds went the opposite way. Spot Ethereum ETFs lost $103 million on Monday, their fourth straight day of outflows, and Solana ETFs lost $6.7 million, according to Decrypt’s SOL ETF tracker. Netted against those losses, Bitcoin, Ethereum and Solana funds together still drew roughly $417…

Loading post from X… View post on X “Lend, borrow, buy more, repeat,” Pendle said in its launch thread. For a long position, the interface says users deposit collateral, select leverage and borrow stablecoins to buy more of the asset. The result is a larger position financed with debt, with liquidation risk if collateral loses value relative to that debt. The stock routes listed at launch are longs financed by $USDC borrowing on Aave V4. Aave Labs says the seven equities are collateral-only: borrowing the stock tokens themselves is not enabled. These are Coinbase Tokenized Stocks, whose tokens represent certificates…

William’s comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year as it seeks to lower inflation. “I haven’t changed my view that it may be appropriate to have one more rate hike.” However, Williams said “we’ll have to see” about 2027, saying “I don’t think at this time I have any reason to believe that we would need to do more.” Meanwhile, Williams said he expects AI investment to stay strong even with higher rates. “I think investors there are relatively price insensitive,” he said. “They feel…

The Numbers Despite the mixed signals in the broader crypto market, Uniswap’s on-chain metrics reflect a promising outlook. Currently, Uniswap’s price remains stable at $0, but the absence of trading volume indicates a cautious approach from traders. However, the optimistic sentiment around on-chain activity could lead to increased participation and trading volume in the near future. Uniswap is a leading decentralized exchange that allows users to swap various cryptocurrencies without intermediaries. The platform operates on a decentralized model, relying on liquidity pools and automated market-making algorithms. In this context, the positive on-chain indicators suggest that Uniswap may be positioned to…