Author: NBTC
Pro-Ripple (XRP) attorney and Republican John Deaton shared a TikTok video on his X account, which featured American comedian Jon Stewart raising the alarm over the US Department of Defence’s “unmonitored” spending. Deaton quoted the video, saying it is why Elon Musk-led D.O.G.E. is “necessary.” Stewart highlighted the disconnect between the Pentagon’s budget and the realities faced by service members. “We got out of 20 years of war, and the Pentagon got a raise,” Stewart remarked. “I can’t figure out how $850 billion to a department means that the rank and file still have to be on food stamps. To…
Nokia takes a major step toward securing cryptocurrencies with a new encryption patent. Nokia Technologies Co., Ltd. reportedly filed for a patent on Dec. 23, 2024, under the title “Device method and computer program” to improve the encryption of digital assets. The patent was submitted to the National Intellectual Property Administration in Jun. 2024 and was given publication number CN 119155674 A. Nokia is making a big move by entering the rapidly growing field of digital asset encryption, which is becoming crucial in the blockchain and cryptocurrency sectors. According to the abstract of the patent, this proposed system described in…
The expected moment has finally arrived in Bitcoin and BTC has exceeded $ 100,000. While the general expectation of an increase is still ongoing, Changpeng Zhao (CZ) shared BTC. CZ, the former CEO of Binance, the world’s largest cryptocurrency exchange, republished the post he published in 2021. CZ republished his post regarding Bitcoin’s selling price in May 2021, saying, “Slap yourself if you sold BTC for under $100,000.” CZ had previously posted the same content in August 2019. https://twitter.com/cz_binance/status/1395411464266031106 I Still Have The Same Number Of Bitcoins! While CZ was seen waiting for $100,000 in Bitcoin for a very long…
The leading altcoin, Ethereum (ETH), has experienced a 15% decline in the past seven days. However, on-chain data has revealed that this price dip merely mirrors the broader crypto market sell-off as the bullish bias toward the altcoin remains significant. This analysis highlights two key on-chain metrics hinting at a potential rally toward the $4,000 price zone in the near term. Ethereum Sees Bullish Momentum Despite Price Fall First, Ethereum’s rising Estimated Leverage Ratio (ELR) indicates a sustained appetite for risk, reflecting the likelihood of a price rebound. According to CryptoQuant, it stands at 0.53 at press time. Ethereum Estimated…
Cryptocurrency analysis company Santiment has published a list of altcoins that have had the most new wallets opened this week. The list, which took shape amid a partial market downturn, shows that these altcoins are experiencing network growth despite a correction in the cryptocurrency market, according to Santiment. According to analysts, in the long term, both the increase in usage areas and network growth create the necessary conditions for market value growth. The analyst warned that it is necessary to focus on altcoins that have witnessed the most increase in new wallet formation. Here is the list prepared by Santiment,…
We’ve all got it by now that President Donald Trump can’t fire Federal Reserve Jerome Powell. But the rest of the board? They’re fair game. And he knows it. So do they, which is why some are reportedly already looking for help to keep their jobs. The Federal Reserve Board is made up of seven members, each appointed by the President and confirmed by the Senate. With many Biden appointees in key positions right now, Trump might see it fit to clean house. Who’s sitting on the chopping block? First, let’s talk about Powell. Trump appointed him back in 2017,…
Newly unveiled The Grid is a Web3 structuring and verifying system, which could be the “map” data needed to make the blockchain world more accessible than ever before. After working on this for seven years, The Grid is coming into the limelight as a meta standard that can help data platforms connect to the blockchain more effectively. All that should mean a more user friendly interface that allows less Web3 savvy users to feel comfortable exploring this space and—ultimately—investing more. Co-founder, Jonathan Knegtel, told Decrypt: “Think of this as an evolution rather than a revolution. The Grid provides ecosystem metadata.…
Mike Novogratz, CEO of Galaxy Digital, has stressed the importance of Bitcoin reaching the $100,000 mark, stating that “it’s proof of adoption, belief, and a community that has carried this revolution from 0 to 100.” “Young people like digital assets a lot more than old people. And we are about to go through the greatest wealth transfer in the planet’s history,” he added. Bitcoin hit the widely coveted price level at 02:33 UTC on the Bitstamp exchange for the first time in history. As reported by U.Today, Novogratz repeatedly predicted that the flagship cryptocurrency would be able to reach six…
Ethereum price has retreated sharply in the past few days after finding substantial resistance at $4,000. Ethereum (ETH) traded at $3,340 on Monday as cryptocurrencies stabilized. This was slightly up from last week’s low of $3,100. Seasonality data suggests that Ethereum price may rebound sharply in the first quarter of 2025. According to CoinGlass, ETH had positive returns in all but two first quarters since 2017. Its best performance was in 2017, when it jumped by 518%, followed by 202,1 when it rose by 160%. Its average first-quarter returns since 2017 were 92%, making it the best period of the…
In a significant transaction within the cryptocurrency ecosystem, a whale recently deposited all 1.2 million $WIF tokens, valued at approximately $3.47 million, into Coinbase. The move made just three hours ago, has drawn attention for its timing and scale, with many speculating about its impact on the token’s liquidity and market sentiment. A whale deposited all 1.2M $WIF($3.47M) into #Coinbase 3 hours ago.This whale bought 1.2M $WIF 11 months ago at a cost of $393K, and now has a profit of more than $3M!https://t.co/CeCC6iwIX8 pic.twitter.com/WqR6EBg4lA — Lookonchain (@lookonchain) December 11, 2024 According to Lookonchain, This whale’s journey with $WIF began…