Author: NBTC
Looking to cement Wyoming’s position at the forefront of Bitcoin innovation, freshman Representative Jacob Wasserburger (@jacob4wyoming) has introduced the “State Funds-Investment in Bitcoin Act” (HB0201), a bill aimed at creating a Bitcoin Strategic Reserve for the state. Following the footsteps of groundbreaking Bitcoin legislation previously passed in Wyoming, this bill seeks to secure the state’s financial future while paving the way for broader national adoption. Wyoming: A Tradition of Innovation “Wyoming has always been a pioneer—from women’s suffrage, to the first national park; from the invention of the LLC, to the frontier of digital assets,” Wasserburger remarked when introducing the…
Ethereum faces record-low community sentiment due to scalability issues and a perceived lack of leadership focus. High gas fees and network congestion drive users and developers to explore alternative blockchain platforms. Critics urge Ethereum to prioritize effective scaling solutions to retain its position in decentralized finance. Ethereum, a major name in decentralized finance, is facing unprecedented criticism from its community. Long celebrated for its potential to transform the blockchain industry, Ethereum now finds itself at the center of a debate over its leadership and scalability. Consequently, crypto attorney John Deaton has highlighted a significant drop in support for Ethereum. He…
According to CoinGecko data, Stellar (XLM) has managed to surpass Shiba Inu (SHIB) by market cap following a massive rally. The token is up by a whopping 190% over the past week, with its market cap swelling to $17.3 billion. The token is also up 600% over the past three weeks. For comparison, SHIB is currently valued at $15.7 billion after a relatively modest 9% price increase. XLM is now on the cusp of entering the top 10 cryptocurrencies by market capitalization. This would be a remarkable achievement for the O.G. altcoin, which is normally off the radar for most…
On Friday, bitcoin rose to an intraday peak of $105,246 per coin, as the collective valuation of the crypto economy expanded by 3.12%, reaching a substantial $3.63 trillion. Crypto Sector Value Grows Amid Growing Institutional Confidence and Trump Speculation Bitcoin (BTC) appreciated 5.7% against the U.S. dollar, marking its ascent to $105,246. This development unfolds mere days ahead of President-elect Donald Trump’s Jan. 20, 2025, inauguration. Market chatter is rife with conjecture regarding potential seismic shifts in crypto policy under Trump’s administration, including discussions of a U.S. strategic bitcoin reserve. BTC/USD on Jan. 17, 2025. The price tapped an intraday…
After a period of market consolidation, multiple large-cap cryptocurrencies are displaying indicators of bounce back. However, Ethereum has caught attention with its continued sluggishness. According to data presented by Santiment today, Ether’s frustrated traders have seen other prominent tokens shine while Ethereum struggles to maintain its uplift. 📊 Ethereum’s frustrated traders have watched other top cap counterparts shine. In the past month, $ETH’s marketcap is -4.7%, while $XRP (+36.9%) & $SOL (+32.2%) thrive.Read our breakdown on $ETH’s underperformance, and what realistic outcomes await. 👇https://t.co/0mqsB3NqKT — Santiment (@santimentfeed) January 22, 2025 Ethereum catches the world’s attention Recently, many large-cap cryptocurrencies recovered…
Stellar processes 10x more daily transactions than Ethereum, fueled by efficient design, near-zero fees, and real-world use. XLM surged from $0.1599 to $0.6395 before a 7.03% pullback, with Fibonacci levels at $0.5263 and $0.3997 offering key support. Jed McCaleb highlights Stellar’s real-world adoption, advanced features, and user-friendly tools driving global financial inclusion. Jed McCaleb, the co-founder of Stellar, stated on X, formerly Twitter, that Stellar network is currently one of the busiest cryptocurrency networks, processing more transactions every day than the majority of others. According to him, it handles ten times as much activity as Ethereum. He attributes the increasing…
The only common point for the 2025 Bitcoin price is that all analysts generally expect an increase, while there is no common point about the price. At this point, Fundstrat Head of Digital Asset Strategy Sean Farrell announced that he set the Bitcoin price target for the end of 2025 as $175,000. In a recent interview, he said that the rise in BTC will continue and that this year is far from being a repeat of last year. “I think Bitcoin will reach $175,000 this year. My target is not just speculation; it is supported by a good and rigorous…
A new Ethereum-focused startup backed by founder Vitalik Buterin aims to win over Wall Street as the network attempts to keep up with broader developments in the crypto industry. Etherealize, founded by former Nomura and UBS bond trader Vivek Raman, announced its launch Wednesday evening in New York. “All roads flow through ETH. We’ll show the world why,” the company wrote in a statement posted on X. The startup describes itself as an “institutional marketing and product arm” for the Ethereum ecosystem. While Bitcoin benefits from mainstream adoption and potential government reserves, Ethereum’s new Wall Street liaison faces the challenge…
Crypto analytics platform Phoenix has revealed the most-searched cryptocurrencies on CryptoRank over the past week. The data sheds light on the coins drawing the most attention from traders and investors in the DeFi space. The top-searched 3 coins include Degen ($DEGEN), Portal ($PORTAL), and Moo Deng ($MOODENG). The rest of the coins include Secret Network ($SCRT), Sender AI ($ASI), Mog AI ($MOG), Neiro on ETH ($NEIRO), Simon’s Cat ($CAT), Open Loot ($OL), and Turbo ($TURBO). Despite high search interest, the price performance of these coins has been mixed. Mixed Fortunes for Top-Searched Coins: $DEGEN Drops While $SCRT Surges Degen ($DEGEN),…
With his return to the presidency, Donald Trump has positioned himself as a key figure in the Bitcoin conversation. His keynote at Bitcoin 2024 laid out ambitious plans for integrating Bitcoin into the U.S. economy, making him the first U.S. president to openly champion the cryptocurrency in such a way. As his second term begins, the Bitcoin community is eager to see how his promises will evolve into concrete policies, with hopes of a friendlier regulatory environment and a more secure, innovative financial system. The Promises Trump’s speech at Bitcoin 2024 highlighted a series of initiatives aimed at embracing Bitcoin…