Author: NBTC
By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners. Bitcoin (BTC) mining sector in Russia grew in 2024 as the number of mining farms rose 7% to 136,600, Russian newspaper Kommersant reports, citing data by MTS EnergyTool. As of January 2025, total mining capacity in the country had crossed 11 GW. Moscow accounted for about 9% of the farms, while the surrounding Moscow region had 8%. Irkutsk remained the top mining hotspot, hosting over 10% of the identified crypto mining farms, the data shows. Despite the growth,…
N1 blockchain confirms the commitment of original investors of 01 to its platform. The investors include top VC firm Multicoin Capital and angel investor Arthur Hayes. N1 also unveiled several new features ahead of its mainnet launch. Announced this week, N1, a Layer 1 blockchain that provides developers with unrestricted scale and ultra-low latency DApp platform, announced the renewed commitment of its original investors. According to the team statement, original investors of the now-closed 01, the predecessor of N1, including Multicoin Capital and Arthur Hayes will continue to support the development and growth of the blockchain. The reaffirmation comes in…
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on Bitcoin (BTC). Van de Poppe tells his 169,000 YouTube subscribers that he expects Bitcoin to rally by approximately 60% over the course of 2025. According to the analyst, Bitcoin is primed to enjoy an extended bullish cycle over the coming months. “I do not expect Bitcoin to peak in 2025 because I expect that there’s way more money needed to actually move Bitcoin upwards or to move it into the markets. That’s why I think that the cycles are going to extend and they are more based on…
The crypto market is going through a profit-taking wave as the major whales are capitalizing on $ai16z. As per Lookonchain, a whale has recently sold all the 2.27 million $ai16z tokens, getting a profit of $4.47 million. The on-chain analytics provider disclosed this development on social media. Another whale sold all 2.27M $ai16z($4.77M) at $2.1 4 hours ago, making a profit of ~$4.47M(+1008%) on #ai16z.https://t.co/KnRjyyos7whttps://t.co/c6aMajHSFI pic.twitter.com/z1kZC06xSY — Lookonchain (@lookonchain) January 3, 2025 Crypto Whale Pockets $4.47M by Selling 2.27M $ai16z Tokens Lookonchain mentioned that the whale sold up to 2.27M $ai16z tokens at an average price of $2.14 to collect…
Anchorage Digital CEO Nathan McCauley took the stand earlier this month at a Senate hearing with one message—his crypto bank was cut off without warning. The bank Anchorage had been working with for two years pulled the plug overnight. No call. No explanation. Nothing. “We had a bank that we had a growing relationship with for a number of years, who basically on a dime, decided to turn off our bank account,” McCauley said in an interview with CNBC on Saturday. He refused to name the bank, and an Anchorage spokesperson confirmed that the company is declining to disclose it.…
VitaminAi, an AI-powered platform for blockchain innovation, is excited to announce its strategic partnership with SOLPEN, a cutting-edge AI-integrated project revolutionizing the DePIN landscape on Solana. The collaboration is a remarkable step forward in pushing the boundaries of AI-powered innovation in Web3 space. This collaboration is a significant milestone as this advancement perfectly aligns with the vision of VitaminAi, revolutionizing artificial intelligence (AI) and blockchain potential. VitaminAi to Unlock AI-Powered Opportunities in Web3 VitaminAi and SOLPEN, by joining hands with each other, aim to introduce more efficient and smarter AI solutions. This further integration will improve the DePIN sector, maximizing…
Just three hours ago, a significant Bitcoin whale made another headline by depositing 778 BTC, or roughly $72 million, into Kraken. Given that the whale has deposited 3,038 BTC worth around $286 million into the exchange since Dec. 20, which coincided with the most recent market decline, this activity follows a regular pattern. Even with these substantial withdrawals, the whale still has a sizeable holding of 24,665 BTC, which is worth about $2.27 billion. Since whale activity has the ability to affect market sentiment and price direction, it should not be ignored. Consistent deposits into Kraken suggest a potential liquidation…
Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE A lot of rockets have taken off under Elon Musk’s watch, but the tech CEO and SpaceX co-founder just boosted one billed as digital ejaculate—for the second time. The price of CumRocket (CUMMIES) had jumped 68% Friday, hovering above $0.007 a day after Musk posted a meme on X (formerly known as Twitter) bearing the obscure token’s name. In Musk’s post, the popular internet meme Pepe the Frog is depicted communicating with the IRS, discussing the tax implications of on-chain activity involving “cumrocket” and “NFTitties.” Musk’s post may have referenced the IRS’s…
The ongoing divide between the XRP and Bitcoin communities have deepened amid discussions about which assets should be included in the proposed U.S. strategic crypto reserve. Technology entrepreneur Jason Calacanis weighed in, taking to X (formerly Twitter) to assert that XRP is a “centrally controlled security.” In his post, Calacanis questioned the legitimacy of XRP as a decentralized asset, stating, “If the SEC allows it to trade like Bitcoin, then securities law will be worthless.” He warned that allowing XRP to operate like Bitcoin could create chaos in the markets, with potential for startups and funds to offload large amounts…
Soneium, a popular Ethereum L2 blockchain, has joined forces with Reactive Network, a prominent execution layer that offers complete EVM compatibility. The integration of Reactive Network into Soneium aims to build a relatively accessible and interconnected blockchain ecosystem. The platform revealed this integration on its official X account. Soneium is now integrated as an origin and destination chain in Reactive Network by @parsiq_net 🛠️ For Soneium developers, this boosts efficiency in building applications across ecosystems via Reactive Smart Contracts (RSCs) and the ReactVM.🏢 For businesses, it creates a… pic.twitter.com/i125KaphxR — Soneium 💿 (@soneium) February 19, 2025 Soneium Partners with Reactive…