Paxos launches new startup to help institutions offer DeFi products

The post This Bitcoin DeFi Crypto Rallied 107%, But There’s A Catch appeared on BitcoinEthereumNews.com. Build On Bitcoin (BOB), a Bitcoin Defi crypto token, delivered a dramatic surge today, printing what traders often call a “God candle” after rocketing more than 100% in a day.  While the rally may seem compelling at first glance, a closer look at the token’s underlying fundamentals raises serious concerns that investors should not ignore. Build On Bitcoin Presents Concerns Across social platforms, BOB is being labeled a major “red flag” due to structural risks in its token distribution. Data from Go Plus Security reveals that the top 10 holders control more than 93% of the entire BOB supply. Such extreme concentration is often associated with manipulation risks, where a small number of wallets can dictate market direction. Sponsored Sponsored Another critical issue is that 100% of BOB’s liquidity pool remains unlocked, exposing the project to potential rug-pull scenarios. When liquidity is not locked, malicious actors can drain the pool instantly, leaving retail traders with worthless tokens. These red flags align with common traits found in scam tokens, making BOB an asset that demands heavy scrutiny before entry. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Build On Bitcoin Top 10 Holders. Source: Go Plus Technically, BOB’s recent performance looks even more troubling. The Chaikin Money Flow (CMF) indicator shows consistent outflows for several days, signaling that capital is leaving the ecosystem despite the price spike. This divergence suggests the rally is driven mainly by hype and thin liquidity rather than genuine demand. A 107% daily surge without supportive inflows typically points to speculative behavior that can reverse sharply. The absence of real buying pressure to sustain higher levels increases the probability of a steep correction. Momentum without capital support rarely lasts long in DeFi markets. BOB CMF. Source: TradingView BOB Price Dips Sharply…

TLDR Twenty One Capital merges with CEP, aims for NYSE debut on December 9. Company to hold 43,514 BTC, becoming 3rd largest corporate Bitcoin holder. CEP stock jumps 22% after Twenty One Capital merger announcement. Bitcoin-focused firm to introduce transparency with ‘bitcoin-per-share’ metric. Jack Mallers excited for Twenty One Capital’s upcoming public listing. Twenty One [...] The post Twenty One Capital Cleared for NYSE Debut Following Merger Approval appeared first on CoinCentral.

TLDR: XRP velocity hits a multi-month high of 0.0324, marking one of the strongest activity surges recorded this year. Rapid token circulation signals increased liquidity as XRP moves more frequently between active network participants. Spot outflows slowed to $11.7M on December 4, offering a calmer trend compared with earlier periods of heavier movement. Stable market [...] The post XRP Activity Surges as On-Chain Velocity Spikes to Multi-Month Highs appeared first on Blockonomi.