Author: NBTC
Donald Trump’s victory in the 2024 U.S. Presidential election brought optimism to the crypto community, with stakeholders anticipating a pro-crypto administration in the coming years. Trump, who has actively participated in several crypto initiatives, has publicly expressed his support for the industry on numerous occasions. Crypto Influencer’s Take on ETH in 2025 Eugene Ng Ah Sio, a crypto influencer with a considerable following on X, recently took to the social media platform to outline his Ethereum predictions for next year. According to Eugene, Trump’s crypto-friendly stance and the growth of Ethereum’s Layer 2 networks could push ETH to a new…
Baby Doge Coin surged over 75% after Elon Musk posted a black-and-white Godfather-inspired tweet. While Bitcoin (BTC) has shown volatility recently following its push to a new all-time high of $103,900, Baby Doge Coin (BABYDOGE) has outpaced the market conditions. The price of BABYDOGE has pumped from a 24-hour low of $0.0000000002443 to as high as $0.0000000004448 following Musk’s tweet. Source: CoinGecko You might also like: MicroStrategy hits $40b in Bitcoin, critics question Saylor’s strategy Musk has shown his influence in the crypto market before. Recall how his previous tweets about Dogecoin (DOGE) triggered a price pump and, eventually, a…
At the start of 2024, the first Telegram tap-to-earn game was a curiosity—an enigma. By the end of the year, the success of Notcoin had spawned a mini-industry that had drawn substantial demand. And yet, as quickly as Telegram gaming came, it also went, and it increasingly feels like its moment has passed. When Notcoin launched back in January, we barely knew what to make of it. Why were people incessantly tapping a coin within a messaging app on their phones? Would there be a real on-chain token, or was this just some kind of meta-commentary on the crypto world?…
The legendary finance analyst Tom Lee has shared his prediction on Bitcoin price in 2025. In a recent discussion with Anthony Scaramucci, he highlighted the best-case scenario for the BTC price in the next 12 months. “Over the next 12 months, I believe something in the range of $250,000 is possible — perhaps even highly probable, based on the current price cycle,” he said. The potential for the U.S. to legitimize Bitcoin as a strategic reserve asset dramatically enhances its long-term price outlook, said Lee. Should the government follow through with acquiring a million Bitcoins, it would position itself as…
The approval of spot Bitcoin and Ethereum ETFs in the US marks a significant milestone in the cryptocurrency sector, while also increasing institutional adoption. At this point, while Bitcoin ETFs broke records with their inflows, Ethereum ETFs did not meet expectations. While institutional purchases of Bitcoin are closely followed in the market, Ethereum (ETH) purchases do not attract as much attention as BTC. While MicroStrategy was the institutional company with the most BTC in Bitcoin, Arkham announced the largest company in Ethereum. Biggest Institutional Ethereum Bull Announced! Blockchain analytics firm Arkham announced in its X post that US-based cryptocurrency asset…
According to data provided by CoinWarz, Bitcoin mining difficulty has reached a new record high of 109.78 trillion. The latest positive difficulty adjustment took place on Sunday. The widely tracked metric has increased by 1.16%. Bitcoin mining difficulty has now grown 24% over the past 90 days. It has added 52% since the start of the year. The next difficulty adjustment, which is expected to take place on Jan. 14, is expected to be a negative one. The key metric is currency projected to plunge by more than 8% to roughly 100.7 trillion. It is worth noting that mining difficulty…
Foundry USA Pool – the largest Bitcoin mining pool by hash rate – recently took action to return an 8.18 BTC transaction fee, which is roughly worth $777,000, that had been accidentally overpaid. The error occurred on December 19 during the mining of block 875475, which included a transaction with a fee 91,127 times higher than what was needed. Foundry Refunds Large Overpaid Bitcoin Fee After recognizing the mistake, Foundry reached out to the sender and refunded the excess fee after assessment. In a statement to The MinerMag, the mining pool assured that this refund did not affect the payouts…
Cryptocurrency analyst and trader Ali Martinez has shared data that shows that cryptocurrency whales have accumulated a massive amount of XRP over the past few days. It happened once the XRP dropped substantially and the market provided a big buy-the-dip opportunity. According to his tweet and the data shared by Santiment on-chain data vendor, between Dec. 4 and 7, when the XRP price displayed a drastic 23% plunge from $2.90 to $2.22, whales charged and grabbed a mind-blowing 120 million XRP worth approximately $288 million at the time of the purchase. While $XRP dropped from $2.90 to $2.22, whales bought…
In recent events, several long-dormant Bitcoin wallets have come back to life. These wallets, untouched for years, suddenly showed activity, raising questions about the motives and timing behind these transactions. The dormant wallets, some inactive for over a decade, are believed to belong to early adopters or miners who accumulated Bitcoin during its infancy. The sudden activation of these wallets has sparked speculation about whether the owners are cashing out, reengaging with the market, or planning for a strategic move amid current market conditions. In the last 24 hours, on-chain data reports the activation of two wallets that have remained…
According to the latest analysis shared by cryptocurrency analysis company Santiment, the lack of FOMO observed in an altcoin could be a harbinger of an increase. Chainlink (LINK) has staged a late rally this week and currently needs to gain just 10% to recapture a three-year high following its peak in January 2022, according to the analytics firm. Despite the rise, the analytics firm claims that there is very little FOMO in LINK. The company interprets this as a positive sign. According to Santiment, markets tend to move in a direction contrary to the community’s expectations, and therefore the community’s…