Author: NBTC

Metaplanet, the Japanese company that has established itself as a prominent corporate adopter of Bitcoin, is starting to experience modest losses on its investments. This comes as the cryptocurrency’s price has fallen to its lowest levels in over three months. Metaplanet Starts Seeing Losses as Bitcoin Falls Below $80,000 Over the past week, Bitcoin has been undergoing a sharp downturn, with weekly losses extending to 18.2%. In fact, today, its price dropped to intra-day lows below $80,000, marking price levels last seen in November 2024. Bitcoin Price Performance. Source: BeInCrypto At press time, Bitcoin was trading at $80,462 after a…

Global payments infrastructure platform Mercuryo has made it possible for its users to easily access Everstake’s suite of staking services by launching on-ramp services for the company, which is a leading global provider of blockchain and staking solutions. The introduction of on-ramps on the Everstake platform, which guarantees high uptime thanks to its strong worldwide infrastructure and team’s specialized knowledge, offers its users a useful way to access Ethereum (ETH) staking. One essential element of the Ethereum ecosystem’s sustainability is ETH staking. According to Everstake, which compiled data from many onchain sources, the number of active validators has increased by…

Web3 hiring in Q4 showed an 80% year-over-year increase but dipped 13% on a quarter basis, with U.S. election impacts lagging behind seasonal trends. In Q4 2024, crypto companies added 788 jobs, up from 436 in Q4 2023, though hiring slowed from Q3’s 902 roles, with a small boost in November and election-driven shifts expected in the first half of 2025, says Zackary Skelly, head of talent at Dragonfly Capital. In an X thread on Feb. 25, Skelly said the venture capital firm saw the “standard seasonal dip” with candidates “mostly networking vs actively applying.” Despite the dip, interest in…

IOTA co-founder Dominik Schiener has disclosed that the upcoming mainnet launch of the Rebased Protocol would significantly increase staking participation as just 1 IOTA would be required to join. He also disclosed the introduction of the IOTA Gas Station to encourage user interaction without the need for the native IOTA token. In a recent Ask Me Anything (AMA) session featuring IOTA co-founder Dominik Schiener, the Rebased Protocol was extensively discussed, with emphasis placed on its expected impact and the specific vision driving this initiative. According to Schiener, the upgrade is expected to transform the crypto industry from the concerns of…

This is a segment from The Drop newsletter. To read full editions, subscribe. MetaMask has tweaked its fox logo and is making major changes to its crypto wallet, the team announced on Thursday. I chatted with MetaMask co-founder Dan Finlay to get all the deets on how the classic crypto wallet is changing. “It almost feels like closing Chapter Two on wallets,” Finlay said. Ethereum’s Pectra hard fork will let MetaMask change its wallet so that it’s asking you way less often to sign something. That could be a plus for safety, and it’s definitely a plus for more seamless…

Scottie Pippen, a basketball player legend, has reacted to the current crypto market drawdown, urging the community not to miss the current opportunity to accumulate Bitcoin with a discount. Taking to the social media, he published a post about Bitcoin, using sports terminology of success. “Start scoring. Bitcoin” Scottie Pippen shared a meme depicting two doors in a store. There is a long queue waiting to buy Bitcoin at $109,000 disappearing in one of them and nobody standing at the door where BTC is being sold at $80,000. This meme, albeit with different prices, is frequently published to illustrate the…

Ethereum breaks under $2,400 as the crypto market crash intensifies. Will the declining ETH price hit $2,000? With another day in the bear market, the industry loses $771 million in liquidation. With the downfall, Ethereum has broken under the $2,400 support level and is now trading at a market value of $2,337. Following the 6.40% dump last night, Ethereum is now testing its crucial support near the $2,200 mark. As the downfall continues, will Ethereum plunge to its psychological support of $2,000? Ethereum Freefall Continues In the daily chart, the Ethereum price trend continues, creating its third consecutive bearish candle.…

The total stablecoin supply has surpassed $221 billion, making up more than 1% of the U.S. dollar M2 money supply. Stablecoins, once a niche sector, now account for over 1% of the U.S. dollar M2 — a broad measure of money including cash and deposits — money supply, with the market reaching $221 billion after adding nearly $100 billion since 2024, according to data compiled by analysts at OurNetwork. Tether’s (USDT) market share dropped from 73% to 64%, while Circle’s (USDC) gained ground, rising from 20% to 25%. And while both account for 89% of the total stablecoin market share,…

Ethereum is gearing up for a major upgrade that could allow users to pay fees in ERC-20 tokens like Shiba Inu (SHIB). This will be made possible through the upcoming Pectra hard fork, a significant upgrade that combines 11 Ethereum Improvement Proposals (EIPs) into a single package. Pectra’s Account Abstraction Feature Scheduled for March 2025, Pectra is expected to usher in significant improvements to staking efficiency, wallet usability, and scalability. At the core of the upgrade is the account abstraction feature, which aims to improve wallet usability by making them more intuitive. With this feature, Ethereum users can pay for…

The power of Moore’s Law is inevitable: every two years, humanity’s computational capabilities and efficiency double. Microchips were the first to take the wheel of the Information Age’s progress — now it is AI’s turn in the limelight. As more people start to grasp the scope of perspectives AI adoption opens, old-fashioned players, corporations, and long-standing practices are gradually redefined across entire sectors.Take the financial industry and its radical AI transformation with the rise of Deobanking. Decentralized Onchain Banking marries artificial intelligence and blockchain for a new understanding of how a financial ecosystem works. Deobanking’s breakaway from its predecessors (traditional…