Author: NBTC
US-traded spot Ethereum exchange-traded funds (ETFs) recorded persistent outflows during late September and mid-October, periods that coincided with relative weakness in the ETH/BTC ratio. Yet, non-US inflows and continued staking growth blunted the price impact, suggesting the headwind is episodic rather than structural. The question of whether ETF redemptions drive Ether’s underperformance against Bitcoin requires parsing flow data alongside derivatives positioning, staking supply sinks, and regional divergences. ETF creations and redemptions reflect authorized-participant activity rather than direct buying or selling, and their relationship to price is conditional on broader market structure, such as funding rates, basis spreads, and competing yield…
Western Union (WU) shares rose 6.5% on Tuesday after the company announced plans to introduce the U.S. Dollar Payment Token (USDPT) on Solana, issued by Anchorage Digital Bank, along with a crypto off-ramp network called the Digital Asset Network. The move underscores that stablecoins are an opportunity, not a threat, for remittance firms that embrace innovation, according to investment bank William Blair. The bank’s analysts expect more details at Western Union’s Nov. 6 investor day but said stablecoin remittances could speed settlement, cut pre-funding needs and boost capital efficiency, especially in inflation-prone markets. The Digital Asset Network, offering cash-out access…
The new decentralized exchange (DEX) is built on top of the Sui blockchain which recently topped $2.6 billion in total value locked (TVL). A New Contender Emerges in the $1 Trillion Perpetual DEX Race Perpetual DEXs topped $1 trillion in trading volume last month, spurred by the emergence of new players such as YZi Labs’ Aster which debuted on the BNB Chain platform earlier in the year. And now on Wednesday, another competitor was unveiled when Astros, a new perp DEX developed on Sui, quietly launched after several months in beta. Perpetual futures or “perps” are futures contracts or leveraged…
Long-term Ether holders have become increasingly active in the second half of the year as Ether toyed with its all-time highs, with more “ICO-era” holders “awakening” after years of dormancy. September saw two of the most significant spikes in long-term holder activity since the year’s peak in July, as measured by Santiment’s analytics platform Sanbase’s age consumed metric. The metric measures the total amount of Ether (ETH) changing addresses, multiplied by the time since they last moved. A spike indicates a significant amount of old Ether moving, according to the description. The metric shows a spike to 502 million, around…
Table of Contents A Strategic Round at $100 MillionThe Core Concept: Tower Defense Meets Web3Building on BNB ChainGameplay OverviewA Player-Driven NFT EcosystemThe Esports Vision: First ChampionTokenomics: A Sustainable Game EconomyEcosystem Points: The Bridge Between Play and RewardsTechnical Focus: AI, Blockchain, and InnovationFuture DirectionConclusionResources:Frequently Asked Questions BNB Chain’s newest GameFi project, MoonClash, has closed a strategic funding round at a $100 million valuation. The project aims to merge AI, blockchain, and gaming through a Web3 ecosystem where players own, trade, and compete in real-time battles. 🚀𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧!MoonClash has officially closed its Strategic Round at a $𝟏𝟎𝟎𝐌 valuation, with investors like@CandaqCom @BeckerVentures @Oasislabs_space…
The Ethereum Foundation has launched a new website designed to onboard more institutions by providing clear pathways for businesses to move from traditional finance to the Ethereum ecosystem. In an X post on Wednesday, the Ethereum Foundation unveiled “institutions.ethereum.org,“ developed by its Enterprise Acceleration team with the aim of showcasing the network and helping guide businesses that are adopting Ethereum. “Ethereum is the neutral, secure base layer where the world’s financial value is coming onchain. Today, we’re launching a new site for the builders, leaders, and institutions advancing this global movement,” the post reads. Ethereum Foundation launches a new resource…
Corporate digital asset activity remained muted week over week amid the fallout from recent crypto deleveraging, with Wall Street broker B. Riley noting capital flows began to normalize as U.S.-China trade talks made progress. Earlier this month, the broker initiated coverage of digital asset treasury companies (DATCOs) BitMine Immersion Technologies (BMNR), SharpLink Gaming (SBET), FG Nexus (FGNX), Kindly MD (NAKA) and Sequans Communications (SQNS), assigning each a buy rating. “Despite market weakness, DATCOs continued accumulating crypto,” analysts Fedor Shabalin and Nick Giles wrote in the Wednesday report. BitMine Immersion led peers, adding roughly $300 million in ether ETH$4,000.94 and lifting…
Binance has announced that it will support upgrades to the MANTRA (OM) and MultiversX (EGLD) networks to improve user experience. Binance to Support MANTRA (OM) and MultiversX (EGLD) Network Upgrades According to the exchange’s announcement, the MANTRA (OM) network upgrade will occur at block height 9,664,888. During this period, Binance will temporarily suspend token deposits and withdrawals on the OM network starting at 10:51 AM on October 27, 2025. Meanwhile, the MultiversX (EGLD) network upgrade will begin around 8:00 PM on October 30, 2025. Token deposits and withdrawals on this network will also be suspended one hour before the upgrade,…
A market analyst has suggested that while Ethereum would soon explode, XRP will likely outperform the king altcoin in the near future. This daring commentary came from CryptoBull, a prominent market watcher, on the back of the latest market recovery push. Notably, while Ethereum (ETH) recovered 9.57% to over $4,200 on Oct. 27, XRP saw a more substantial 11% rebound to $2.69 within the same period. However, following their respective highs, both assets have since collapsed considerably. As a result, ETH is only up 1.4% from its Oct. 22 lows, while XRP has maintained a 6.1% gain, still holding firm…
President Donald Trump has called on Fed Chair Jerome Powell to initiate another rate cut later today. While speaking to delegates at the Asia-Pacific Economic Cooperation summit, President Trump urged ‘Too Late’ Powell to lower the lending rate to boost economic growth. According to President Trump, the imposed import tariffs will not be a hindrance to economic growth. Instead, President Trump predicted that the U.S. economy would record a 4% growth in the first quarter of 2026, which is higher than the median economist forecast. “We will not let the Fed raise interest rates because they are worried about inflation…