Author: NBTC
With an estimated value of $100 billion, it’s hard to believe that a company like Coinbase needs to acquire new businesses to grow. But with $10 billion of cash on hand, the US’s biggest cryptocurrency exchange continues to seek out the next big opportunity in the sector. Coinbase has not been shy about writing checks in 2025. The exchange reportedly paid $2.9 billion in a cash-and-stock acquisition of cryptocurrency options trading platform Deribit in August. Then came its headline-grabbing $375 million acquisition of onchain capital raising platform Echo in October. Crypto Twitter was buzzing over the news, thanks to some…
Zepz, a digital remittances provider behind WorldRemit and Sendwave, has unveiled a new crypto wallet on Solana. Summary WorldRemit and Sendwave operator Zepz launches new digital wallet on Solana. The Sendwave Wallet allows users across the globe access a peer-to-peer money solution with USDC. Zepz plans to expand the solution with support for payment cards and QR codes. Sendwave Wallet will offer access to cross-border payments via stablecoins and target -users across over 100 countries, Zepz said in a press release. According to details, Sendwave will allow users to send, store and spend USDC (USDC) on the Solana (SOL) network.…
Equilibria, a prominent yield optimization entity, has officially integrated with Frax Finance, a well-known DeFi protocol dealing with stablecoins. The integration takes into account the inclusion of $sfrxUSD tokens of Frax Finance into Equilibria’s ecosystem with a robust 250% boost of $vPENDLE for consumers. As mentioned in the official social media announcement of Equillibria, the move is set to improve the potential of DeFi earning, specifically for consumers utilizing the Pendle ecosystem. Additionally, Frax Finance’s $sfrxUSD token offers allocation across diverse yield-generation schemes. sfrxUSD from @fraxfinance just landed on Equilibria with a 250% vePENDLE boost.The staked version of frxUSD dynamically…
The cryptocurrency exchange-traded fund (ETF) market has been shaken by large net outflows in both Bitcoin and Ethereum funds. This volatility, reflecting a decline in investor risk appetite, has raised concerns in the markets. According to the latest data from SoSoValue, spot Bitcoin ETFs saw a total net outflow of $471 million. The fact that none of the twelve Bitcoin ETFs generated net capital inflows underscored the negative sentiment in the market. The largest outflow occurred in Fidelity’s FBTC fund, with $164 million. ARKB, a joint fund of Ark Invest and 21Shares, followed with $144 million. Despite these recent outflows,…
Table of Contents ADEN’s Market Position and Migration PlansGate Layer Chain InfrastructureIntegration with Gate Perp DEXThe ADEN Platform: Features and BackgroundStrategic Implications and Future DevelopmentResources: Gate Ventures, the investment division of crypto exchange Gate, has acquired ADEN, a leading decentralized perpetual exchange. The acquisition represents Gate’s strategic push into decentralized derivatives trading and supports its broader Web3 expansion plans. ADEN is scheduled to launch on Gate’s infrastructure on November 3. ADEN’s Market Position and Migration Plans ADEN currently holds the third position among global decentralized perpetual exchanges according to CoinMarketCap data, processing over $20 billion in monthly trading volume across…
Ethereum (ETH) is struggling to break above the $4,000 mark and regain a clear bullish structure, with price action tightening after several failed attempts to reclaim momentum. The market remains cautious following recent volatility, and traders are watching closely to determine whether ETH will resume its uptrend or continue drifting lower. Analysts are currently split: some argue Ethereum’s fundamentals remain strong, fueled by network activity, scaling advancements, and institutional traction, while others point to increasing downside pressure and weakening market structure that could lead to a deeper pullback. Despite the uncertainty in price, fresh on-chain data signals growing confidence among…
The Hong Kong Stock Exchange has “blocked” the transformation plans proposed by at least five listed companies seeking to convert into digital asset treasury (DAT) entities, according to reports from Wen Wei Po News. Sources cited by foreign media said the Hong Kong Stock Exchange has yet to approve any listing or transformation application related to DATs. The exchange reportedly questioned the intentions of several firms that planned to change their business models to that of holding or managing crypto reserves. Hong Kong has no regulations governing DATs Huang Tianyou, chairman of the China Securities Regulatory Commission (CSRC), told reporters…
The cryptocurrency world is buzzing with recent news that the OKX X Layer head, Felix Fan, has been dismissed from his role. This dramatic development at X Layer, the public chain of the prominent crypto exchange OKX, stems from an alleged conflict of interest. The incident has not only sent ripples through the company but also highlighted the intensifying rivalry within the competitive crypto exchange landscape, particularly with a major competitor like Binance. What Sparked the OKX X Layer Head’s Dismissal? The core of the issue revolves around an alleged conflict of interest. While specific details remain under wraps, the…
CharacterX, a famous AI-led Web3 social entity, has partnered with ENI, an efficient enterprise-level blockchain network. The partnership is aimed at driving the expansion of large-scale and intuitive Web3 ecosystems. As CharacterX’s official social media announcement discloses, the development focuses on revolutionizing ecosystem interoperability and intelligence in the Web3 landscape. Hence, the collaboration is poised to integrate cutting-edge blockchain infrastructure and AI-driven tools to bolster large-scale innovation. We’re thrilled to announce the upcoming partnership with @ENI__Official, a high-performance, enterprise-grade Web3 blockchain built for scalability, modularity, and real-world adoption.Together, we’re driving the future of intelligent, large-scale Web3 ecosystems.🌐🔥 pic.twitter.com/VDDpyDcFHi — CharacterX…
Ethereum traders appear to be FOMO-trading at extremes, creating a predictable pattern where local price tops and bottoms coincide with extreme funding rates, according to analytics firm Santiment’s Thursday tweet. The data reveal a clear cycle. 📊 Ethereum has dropped back to $3.7K, and traders are showing signs of panic. The past 2 months, funding rates across exchanges dictate where $ETH goes next. When major longs dominate (greed), prices correct. When major shorts dominate, there’s a high probability of a bounce. pic.twitter.com/3s47hlDgZr — Santiment (@santimentfeed) October 30, 2025 In early September, the aggregated funding rate entered negative territory, marking a…