Author: NBTC

Whales consistently play a significant role in shaping crypto market prices, making it worthwhile to track their buying activity for potential gains. In this analysis, BeInCrypto highlights the top altcoins that whales are accumulating. For December, these include Fantom (FTM), Dogecoin (DOGE), and Optimism (OP). Fantom (FTM) FTM, the token of Layer-1 blockchain Fantom, tops the list of altcoins that crypto whales are buying for December. According to our findings, whales are buying this token largely because of the upcoming final transition from Fantom to Sonic, whose Shard snapshot is expected to take place on December 1. According to Santiment,…

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BlackRock, the biggest asset manager on the planet with $11.5 trillion under its belt, is about to lock horns with Donald Trump, who is about to step back into office with a crypto agenda. Trump’s administration is promising to turn it into a cornerstone of US economic strategy. Meanwhile, BlackRock, the same company holding over half a million Bitcoins valued at $52.81 billion through its iShares Bitcoin Trust (IBIT), has its own battles to fight — with regulators breathing down its neck. The Federal Deposit Insurance Corporation (FDIC) isn’t cutting BlackRock any slack. And Trump’s big Bitcoin plans? Let’s just…

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Russia’s crypto mining sector is booming, with demand for equipment tripling in just a year. What’s behind this rapid growth? According to a latest report from the Russian news agency PRIME, in Q4 2024, Russia saw a threefold increase in demand for industrial mining equipment and services compared to the same period the year before. This growth aligns with legislative changes introduced by President Vladimir Putin in the summer of 2024. Under the new laws, which came into effect on November 1, 2024, businesses and individual entrepreneurs can engage in crypto mining once they are officially registered in the national…

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Bitcoin surged to $95K, surpassing previous records and signaling massive market activity. ETFs, pro-crypto policies, and retail interest drive momentum toward $120K by 2025. Analysts recommend holding assets as Bitcoin transitions from belief phase to euphoria. Bitcoin has broken another record, surging to $95,000 for the first time. This jump comes just one day after setting a previous high of $93,500. Over $78 billion in Bitcoin changed hands within 24 hours, signaling massive market activity. Experts now predict an even bigger surge as the cryptocurrency moves toward a euphoric phase. With momentum building, analysts see Bitcoin reaching unprecedented levels before…

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World Liberty Financial saw a significant inflow of purchases, after a whale bought WLFI tokens valued at $3M. In a single transaction, the whale acquired 200M WLFI, or 1% of the token’s total supply. A whale purchase flowed into World Liberty Financial (WLFI), the Trump-backed DeFi fund. The purchase was for 200M WLFI tokens, making up 1% of the supply. The recent purchase arrives after rumors of a crypto-friendly executive order coming immediately after Donald Trump takes office. The whale purchase also happened on a day of expanding crypto exuberance, where Bitcoin (BTC) recovered by $5,000 in a day, and…

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Sotheby’s is auctioning off NBA Top Shot digital collectibles as the NFT market experiences a modest resurgence amid a broader crypto market boom in recent months. The auction house is selling eight NBA Top Shot NFTs, valued between $500 and $3,000 each, as part of its broader NBA memorabilia sale, a company spokesperson said Tuesday in a statement. Bidding is open through January 21. The sale includes digital collectibles featuring several well-known basketball players, including Jaylen Wells, Bub Carrington, Pacôme Dadiet, and Kyshawn George. Each lot includes a highlight clip from the respective player’s first-ever NBA game. The auction comes…

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The cryptocurrency world witnessed groundbreaking progress in 2024 with the approval and success of Bitcoin and Ethereum ETFs. As the United States embraces a pro-crypto administration under President-elect Donald Trump, speculation is growing about the potential launch of a Dogecoin ETF in 2025. “I think everything is on the table under the new administration,” ETF Store President Nate Geraci said in an interview. President-elect Trump has declared a vision to position America as the “Bitcoin capital of the world.” To further this agenda, Trump announced the creation of the Department of Government Efficiency (DOGE), a nod to Dogecoin, led by…

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Different views on crypto are being shuffled in Argentina, as the legislative elections will determine the Congress that will define the industry’s path. Argentina to Define Its Crypto Path in Upcoming Legislative Elections Argentina is nearing a crossroads that could define its crypto legislation in the future. The legislative elections, set to take place this year, will shape the crypto industry’s future, which currently faces many challenges in the country. The party led by President Javier Milei, La Libertad Avanza (Freedom Advances), envisions using Bitcoin as part of a multi-currency competition scheme. Ramiro Marra, a regional deputy, believes that a…

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New records continue to be set in the bitcoin (BTC) ecosystem, which has seen the mining difficulty adjustment rise to a new all-time high of 110.45T (trillion). 110.45 trillion means that the difficulty is approximately 110.45 trillion times harder than it was at the time of Bitcoin’s genesis block. The difficulty adjustment adjusts every 2,016 blocks and recalibrates to ensure blocks are mined on average every 10 minutes. This is now the eighth consecutive positive adjustment in difficulty, which puts further pressure on miners as the industry becomes more cutthroat and harder to mine a block to receive bitcoin rewards.…

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Bitcoin reached $99,000, nearing the $100K milestone with a 4.4% daily surge. President-elect Trump’s pro-crypto stance fuels market optimism. Bitcoin (BTC) reached a new milestone, breaking $99.3K for the first time, with a 24-hour increase of 4.4%. Its market cap climbed to $1.96 trillion, representing 59.2% of the global crypto market cap, which surged to $3.31 trillion. Trading volume also jumped by 31.25% in the past day, totaling $103 billion. The rally extends beyond Bitcoin. Ethereum (ETH) and Solana (SOL) surged by 9% and 12%, respectively, while XRP soared by 25%. Whales have been actively accumulating BTC, with one whale…

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