Author: NBTC

In recent years, the NFT market has gone through phases of enthusiasm and decline. However, a recent sale of 3 million dollars for a digital artwork could indicate a new phase of growth. This event marks the largest NFT transaction of the last three years, fueling the debate on the recovery of the sector. But is it an isolated signal or a real return of interest in digital assets? NFT: A record sale after years of stagnation What caused the NFT market downturn? A sign of recovery or an isolated case? What future for NFTs? Conclusion NFT: A record sale…

Sonic SVM, a layer-2 gaming chain built on top of Solana, has confirmed that its token generation event will take place on Tuesday. Alongside this, players of its TikTok-based tap-to-earn game will receive airdropped tokens for their in-app progress. Tap-to-earn games rose to popularity in 2024, mostly built on messaging app Telegram with related tokens primarily launching on The Open Network (TON). A huge driver of this attention came from games like Notcoin and Hamster Kombat promising that in-game progress would contribute to a future token airdrop for players. In October, Sonic SVM launched its own tap-to-earn game, SonicX, but…

Institutional investors now hold pivotal stakes in 15 major cryptocurrency mining firms, with asset managers like Vanguard, Blackrock, and Fidelity steering ownership across an increasingly competitive sector. Inside the Top 15 Bitcoin Mining Firms Dominated by Finance Heavyweights Institutional investors are rewriting the rules of the cryptocurrency mining sector. Vanguard, Blackrock, and Fidelity now command towering stakes in 15 major firms, transforming a once-niche sector into a battleground for Wall Street’s billions. From Tether’s billion-dollar dominance to retail’s fading foothold, ownership charts reveal a seismic power shift. Institutions hold up to 90% of shares in key players—staking claims on crypto’s…

Excluding Dec. 1, daily transactions on the Bitcoin blockchain experienced a steep decline as the month unfolded. Between Dec. 2 and Dec. 31, a total of 12,105,415 transactions were recorded. Despite the drop, on Dec. 5, the network achieved a record high for the total dollar value of transactions processed in a single day in 2024. High-Value Transactions Outshine Declining Transfers Last year, the Bitcoin blockchain saw its busiest day on Apr. 23, when daily confirmed transactions hit an all-time high of 927,010. On Sept. 8, another high point came with 910,083 transactions processed in a single day. By late…

Dogecoin (DOGE), the popular and world’s largest meme coin, appears more optimistic in this highly anticipated altcoin season. Experts and analysts believe this bull run will begin following the inauguration of Donald Trump’s government, which is scheduled for January 20, 2025. Crypto Whales Buy 1 Billion DOGE In this highly anticipated bull run, long-term holders, whales, and retailers appear to be strongly accumulating the DOGE meme coin, as a crypto expert on X (formerly Twitter) revealed. On January 7, 2024, the expert stressed that whales have added a significant 1 billion DOGE in the past seven days. BREAKING: Whales have…

HIVE Digital Technologies, the publicly listed Bitcoin (BTC) miner (NASDAQ: HIVE) has announced the appointment of Craig Tavares as President and Chief Operating Officer of its Buzz HPC division, which focuses on GPU Cloud and High-Performance Computing (HPC) services HIVE Taps Ex-Apple Executive for Cloud Computing Expansion The appointment comes as HIVE, a sustainable blockchain and AI infrastructure provider, aims to scale its HPC business to $100 million in revenue. Tavares brings more than two decades of experience in digital infrastructure and cloud services to the role. Frank Holmes, Executive Chairman of HIVE “With his unique skillset of leadership, entrepreneurialism,…

With just a few days left until Pi Network’s mainnet launch, the excitement around Pi Coin is growing fast. Its recent 100% price surge after getting listed on OKX has sparked talks about a possible Binance listing. But there is no official confirmation from Binance or the Pi Core Team raises a big question—will Binance list Pi, or is it just another overhyped rumor? The Hype vs. Reality of Pi Coin Pi Network is different from traditional cryptocurrencies because it allows mining through smartphones, making it more accessible. While the project has attracted over 100 million users, its path to…

Adam Back, a big figure in the world of cryptography and blockchain, recently shared something interesting: He did not own any Bitcoin (BTC) until 2013. Famous for inventing Hashcash in 1997, a proof-of-work algorithm designed to combat spam and denial-of-service attacks, Back’s influence extends deeply into the development of modern blockchain systems. His Hashcash algorithm was a big part of how Bitcoin’s mining process was set up, and it had a direct impact on the creation of the cryptocurrency’s proof-of-work model. More to it, Back’s contributions have been acknowledged in Satoshi Nakamoto’s 2008 white paper, which highlights his role in…

During a recent interview with Devin Ryan, director of financial technology research at JMP Securities, Ripple CEO Brad Garlinghouse stated that Ripple owns more than $100 billion worth of XRP tokens. “The total value of the XRP we own now exceeds $100 billion,” he said. He believes that this should be taken into account when determining the company’s valuation. Ripple has been trading in the secondary private markets at a significant discount to net asset value, according to Garlinghouse. In early 2024, Reuters reported that Ripple had a valuation of roughly $11 billion after buying back nearly $300 million worth…

Binance is arguably the most scrutinized cryptocurrency exchange around, especially when it comes to regulations. This top crypto exchange has been in the crosshairs of regulators across multiple jurisdictions. This includes the court case in 2023 that even led to Changpeng Zhao’s resignation as CEO. But even with all that, Binance has held firm, expanding and pushing into newer markets. Unlike Binance, several cryptocurrency exchanges ceased to exist after regulators had come knocking. The Mt.Gox disaster back in 2014 is one of crypto’s saddest stories, alongside the FTX collapse after many years. This shows how plenty of exchanges have faced…