Author: NBTC
Bitcoin mining is a big business in the U.S.—but how big? And will Donald Trump’s return to the White House make a difference? The President-elect last year said—along with plenty of other pro-crypto pledges—that he wanted all remaining coins to be mined on American soil. Spoiler alert: This will be very difficult, if not impossible. Data compiled by TheMinerMag shows that U.S. miners currently account for around 40% of the mining hashrate—more than any other country. But experts told Decrypt that it is highly unlikely the pro-crypto commander in chief will be able to shift the remaining 60% of the…
South Korean game developer Wemade wants to bridge gaming and blockchain by introducing new decentralized communities in 2025. South Korean gaming giant Wemade apparently has big plans for 2025, focusing on new blockchain services and social communities. In an interview with Maeil Business Newspaper, Wemade’s chief executive officer Park Kwan-ho called 2025 a potential “turning point” for the firm, seeking to merge gaming and blockchain in a way that opens “new possibilities” in the global market. Park once again praised blockchain, saying its “transparency and inoperability of data” make the technology perfect for building trust in virtual services. “We will…
Since last week, the recovery momentum in the cryptocurrency market has taken a notable setback as the Bitcoin price reverted from $99,800. The bearish reversal initiated due to exhausted buyers is now accelerated by a long squeeze and concern over today’s FOMC minutes. Will BTC push past $100k by November end? By press time, the BTC price had traded at $93,400 with an intraday gain of 0.4%. According to Coingecko, the asset’s market cap surged to $1.84 Trillion, while the 24-hour trading volume wavers at $123.60 Billion. Bitcoin Price Takes Temporary Before Next Leap The Bitcoin price bearish reversal gains…
It’s the first trading day of 2025, and the stock market has blasted in with speculative energy that could light up Manhattan. MicroStrategy, Robinhood, GameStop, and Nvidia are the top gainers. Bitcoin shot past $96,000, dragging crypto-tied stocks along for the ride. Meanwhile, meme-stock fans got their fix after Roaring Kitty dropped a cryptic Rick James clip, fueling chatter and spiking GameStop shares. Across the board, indexes jumped, with the Dow gaining 200 points and the S&P 500 and Nasdaq rising 0.6%. MicroStrategy shines as Bitcoin rallies After exploding 360% in 2024, MicroStrategy gave back some gains in December, dipping…
Not all celebrations come without shadows, even in the world of cryptocurrency. While XRP’s price has surged nearly 400% since early November – climbing to a remarkable seven-year high of $2.9 – criticism has surfaced alongside the gains. The token’s market capitalization now stands at $146.66 billion, with an impressive 79.54% of that valuation added in just weeks. Yet, questions about the nature of this sudden ascent have drawn attention to Ripple’s role in XRP’s ecosystem. Accusations have recently emerged suggesting Ripple’s top management has been offloading billions of “pre-mined” XRP tokens onto retail investors, a practice some argue undermines…
Ginoa.io, an innovative platform offering AI and blockchain solutions, has announced an exclusive partnership. As per Ginoa.io, it is joining forces with Vestate, a frontrunner in redefining the real estate market, to leverage the advanced technologies to redefine the interaction with the real estate sector. The platform disclosed this development on its official social media account on X. 📢 Exciting News: A New Collaboration with @VestateFundGinoa is proud to announce our latest partnership with Vestate, a trailblazing platform that’s redefining the real estate industry. This collaboration marks a significant step forward in combining innovative technologies… pic.twitter.com/D6HVEWI1uZ — Ginoa.io (@ginoa_io) January…
Tiny El Salvador has become Latin America’s success story, according to investment manager VanEck—thanks in large part to its Bitcoin-loving president. A report by the New York firm said that the country’s bet on Bitcoin and radical reforms have turned it into “Latin America’s ultimate comeback story.” El Salvador was a little-known and crime-ridden country before its millennial president, Nayib Bukele, became leader in 2019. His maverick way of doing things—including making Bitcoin legal tender in the nation in 2021 and building a mega prison—led to criticism from a number of institutions, U.S. politicians, and human rights groups. But it’s…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Before we get into the groove and craziness of 2025, I want to reflect on my favorite interviews and biggest takeaways of 2024. Warren Mosler is the father and pioneer of the modern monetary theory (MMT) movement, and has very unique views compared to traditional macroeconomic thinking. I had him on the show as I wanted to understand his views of the current economic environment. One big learning was how high interest rates were actually making inflation worse, rather than deterring it. When debt levels become…
SUIA V2 is set to launch in February, combining SocialFi and AI Agents in a groundbreaking way. By doing so, the platform will build on experiences from past innovations like friend.tech social tokens, pump.fun meme wave and Virtuals Protocol’s AI Agents. This news was made public via official SUIA X account. 🌟Today, we are thrilled to announce that SUIA V2 will launch next February, combining SocialFi & AI Agents in ways never seen before.@friendtech ‘s social tokens, @pumpdotfun’s meme wave, and @virtuals_io ‘s AI Agents were just the beginning. They showed us the possibilities… pic.twitter.com/HcHumKoLuW — Suia (@Suia2023) January 2,…
Crypto venture capital investments grew 26.1% in 2024 compared to the previous year, with 1,535 projects publicly disclosed, according to a report by Wu Blockchain citing RootData statistics. The report highlighted a total of 102 publicly disclosed crypto VC investment projects in December, reflecting a 7.4% month-on-month (MoM) increase from 95 projects in November. However, this marked a 6.4% year-on-year (YoY) decrease compared to 109 projects in December 2023. Total funding for December reached $740 million, a 60.9% MoM increase from $460 million in November but an 18.7% YoY decline from $910 million in December 2023. For the full year,…