Author: NBTC

2025 could be a big year for cryptocurrency exchange-traded funds (ETFs), according to Laser Digital, the digital asset subsidiary of financial services giant Nomura. More than twelve crypto ETFs could be launched in the U.S. this year, if approved by the Securities and Exchange Commission (SEC), Laser Digital said in a report last week. Asset managers have submitted 12 filings to the SEC to date, the report noted, and potential products include a ProShares ETF that denominates the S&P 500’s return in bitcoin, a combined bitcoin/ether ETF, and litecoin, XRP and Solana based products. Laser Digital said a bitcoin/ether ETF…

The latest blog post details Cardano’s Charles Hoskinson and Input | Output (IO) journey to make a real impact in Ethiopia using blockchain technology. According to the report, an education program was started to train fresh graduates to use Cardano to boost the agriculture sector. To impact the financial economy as well as the individuals’ lives in Africa, Input|Output (IO) has decided to build a new technology in Ethiopia after conducting a pilot program for IT students in Greece and Barbados. In a comprehensive blog post detailing this journey, it was highlighted that the Ethiopian government made an early move…

Donald Trump Jr., eldest son of elected President Donald Trump, has joined prediction market platform Kalshi as a strategic advisor. Kalshi operates as the first and only legal prediction market in the United States under Commodity Futures Trading Commission (CFTC) regulation. The platform offers contracts on real-world events, including elections, economic outcomes, and social topics. Kalshi gained significant attention during the recent election, as traders utilized its yes-or-no contracts to speculate on whether Kamala Harris or Donald Trump would win the presidency. On the eve of the election, Kalshi bettors estimated Trump’s chances of victory at 55%—a forecast that proved…

Gryphon Digital Mining received a 850-acre industrial site powered by natural gas in Southern Alberta, Canada from a signed agreement with Captus Energy for $18.7 million. According to Gryphon Digital’s press release, the Bitcoin (BTC) mining firm plans to use the recently acquired asset to further expand on its AI and high-performance computing data center infrastructure. Gryphon’s deal with Captus is expected to close before or some time in April 2025. Based on the agreement, Gryphon Digital will pay Captus $27 million CAD or equal to $18.7 million, which already includes $3 million CAD ($2 million) worth of four-year-long restricted…

Popular crypto analyst Ali Martinez found that crypto market inflows have dropped to more than 56% in the past month, indicating investments in crypto have slowed down. According to a recent X post by top crypto analyst Ali Martinez, capital inflows dropped from $134 billion to just $38 billion over the past month. Alongside his findings, Martinez shared a chart showcasing the aggregated realized value net position change within the crypto market. The sharp drop in inflows was particularly evident around mid-December 2024 to early January 2025 after a particularly bullish November. “This points to a significant reduction in investment…

Ethena (ENA) is gaining attention as Ethereum (ETH) holds above the $3,500 range with a bullish outlook. In the past few days, interest in ENA increased, with a recent purchase from Pantera Capital. Interest in Ethena (ENA) grew as Ethereum (ETH) moved to a higher price range. The Ethena basis trade on ETH and its winning funding rate is benefitting from this scenario, raising demand for ENA token exposure. Recently, Pantera Capital topped up its reserves, with another $8M ENA purchase. As noted by Nansen, Pantera turned into one of the biggest daily buyers of ENA, in addition to boosting…

The SEC’s appeal deadline in the ongoing Ripple XRP lawsuit is fast approaching, with the critical date set for January 15, 2025. This comes after Judge Torres ruled that XRP itself is not a security, although the classification of sales depends on the specifics of the contract involved. While the SEC’s appeal could still be filed on time, there’s growing speculation about potential delays or last-minute moves by SEC Chair Gary Gensler before his tenure ends on January 20. “The SEC has a crucial deadline for filing its appeal in the Ripple case, set for January 15, 2025 — this…

A widely followed trader and analyst is leaning bullish on Bitcoin (BTC) amid a double-digit rally over the past month. The trader pseudonymously known as Rekt Capital tells his 512,900 followers on the social media platform X that Bitcoin “has only just begun its parabolic phase in the cycle.” According to the pseudonymous trader, Bitcoin has typically stayed in the parabolic phase for approximately 300 days on average in every cycle. “Bitcoin is only on day 16 of its parabolic phase.” Bitcoin is trading at $97,465 at time of writing, up by around 45% over the past 30 days. On…

Over the past month, crypto ETFs experienced billions of dollars flow into them and significant outflows, making it easier for those who invest in these funds. However, these investment vehicles are not the same. In the past 30 days, the clear winner and other outstanding performers emerged. According to the latest data shared by Phoenix Group, in the last 30 days, overall crypto ETFs had a total AUM (asset under management) of $122.1 billion. However, the funds generally experienced a net outflow of $219.2 million during the same period. CRYPTOCURRENCY #ETFs OVERVIEW (30D)#iShares #FidelityWiseOrigin #Grayscale #ProSharesTotal Assets under management: $122.1BTotal…

Meme coins are rising again after the Thanksgiving holiday in the United States, with Dogecoin (DOGE) and other meme-themed tokens jumping as Bitcoin (BTC) tests a return to $99,000 after nearly a week spent below that mark. Dogecoin, the original and most valuable meme coin by market cap, is currently priced at $0.42, rising by 7% on the day per data from CoinGecko. DOGE last hit this mark on November 25 and had been below it in the days since. Like other meme coins, DOGE is famously volatile and can see wild daily swings. But it’s still up huge in…