Author: NBTC
Ethereum (ETH) has fallen more than 8% in the last 24 hours and over 22% in the past 30 days, reflecting a bearish market sentiment. The price was already in decline before the Bybit hack, which further impacted market sentiment. Although Bybit has since recovered 84% of its reserves, ETH’s price remains under pressure. With key resistance at $2,850 and no break above $2,900 since February 2, Ethereum’s outlook remains uncertain as bearish indicators continue to dominate. Bybit Is Recovering Its ETH Reserves After the Hack Ethereum’s supply on Bybit experienced a dramatic decline after the hack, plummeting from 443,000…
After years of building away from the limelight, IOTA finally burst out in 2024 with the Rebased protocol, real-world asset tokenization, institutional adoption, and more. The price also finally broke out after a multi-year lull, reclaiming the $1 billion market cap for the first time in two years as internal developments and the bull market pushed the token. 2024 was a landmark year for the crypto industry, with dozens of tokens hitting new all-time highs, led by Bitcoin, which broke past the six-figure barrier for the first time. However, while many saw a price spike this year, few matched it…
Fermion Protocol, a real world asset or RWA application built on Ethereum layer-2 network Base, is launching its services by fractionalizing a Dolce & Gabbana digital suit that was purchased for $1 million. The Glass Suit, part of the Italian fashion brand’s Collezione Genesi, was originally won in an auction by Boson Protocol in 2021. The auction was for both the physical suit—which took the fashion house eight months to create—along with a digital rendition tokenized as an Ethereum NFT. Boson founder Justin Banon is also behind Fermion. Now Banon and his new protocol, which is built in the Boson…
Imagine buying your morning coffee or shopping online with cryptocurrency—no banks involved, and your funds safely deposited on the blockchain that has replaced your bank deposit. This isn’t a distant dream; it’s happening now. Crypto wallets let you store and control your money directly, offering more choices and reducing reliance on traditional banks. By realizing Bitcoin’s vision of bank-free payments, these tools provide greater freedom, allowing you to keep your money safe on the blockchain. While still using Visa and Mastercard for everyday transactions, crypto wallets are transforming how we manage money, making banks less essential and paving the way…
While Bitcoin.com News previously tapped generative artificial intelligence (AI) chatbots to forecast bitcoin’s price trajectory, this time we’ve pivoted to a hotter debate: “Will solana surpass ethereum in market dominance by 2025’s close?” 11 AI Models Weigh In: Is Solana’s Rise a Threat to Ethereum? Amplifying our prior methodology, we queried a myriad of leading AI models—including Openai’s ChatGPT variants, Deepseek’s suite, Venice, Grok 3, Pi, Copilot, Gemini, and Le Chat—to dissect this crypto rivalry. At press time, solana (SOL) trades at $154 per SOL. Ethereum (ETH), meanwhile, hovers near $2,675 per ETH. Against this backdrop—and with crypto’s “flippening” debates…
Agentic AI platform ai16z’s native token has rallied following the project’s plans to launch its own Layer-1 blockchain. ai16z (AI16Z) rose 38% to an all-time high of $1.77 on Dec. 31, while its market cap surged from $1.4 billion to past $1.9 billion at that time per data from crypto.news. The rally was fueled by heightened trading activity, with its daily volume doubling over the past day to $330 million. Zooming out to its weekly and monthly charts, the gains were significantly higher at 156% and 383%, respectively, making it one of the best-performing assets among the top 100 cryptocurrencies…
Solana Smart Wallets remove gas fees and private key risks, making blockchain adoption easier for developers, enterprises, and AI-driven applications. Backed by Crossmint and Squads Protocol, that technology enhances security, scalability, and flexibility, attracting fintech, gaming, and AI sectors. Solana launched Solana Smart Wallets, eliminating gas fees and private key risks. In collaboration with Crossmint and Squads Protocol, these wallets enhance security and user experience by removing transaction approval prompts. The integration also allows developers to integrate wallets with just ten lines of code, offering scalability to millions of users. Crossmint’s Solana Smart Wallets introduce an embedded wallet system designed…
Gold is set for an unprecedented rally in 2025 as Bitcoin continues its slow activity as the year ends. Bitcoin enjoyed a spark towards the latter end of 2024, with the asset bursting out after a Trump-fuelled rally. It is no surprise that it did a remarkable job hitting over $100k this year. While Bitcoin did about 50% since November 3, other assets followed suit, with Dogecoin posting double its price. While the crypto assets enjoyed a stellar run towards the end of the year, gold has been dominating, having itself a wonderful year. Prices of the precious metal surged…
Ethereum’s Pectra upgrade hit an unexpected roadblock Monday when it failed to finalize on the Holesky testnet, revealing potential issues that could delay the blockchain’s most significant update in nearly a year. The test was activated Monday afternoon at 4:55 ET but failed to achieve finality, according to data from Beacon Chain, an open-source blockchain explorer. The transactions are potentially irreversible—a critical flaw for a network built on immutability. The Ethereum Foundation, a non-profit dedicated to supporting the development and growth of the Ethereum ecosystem, did not immediately respond to a request for comment. In Ethereum, finality ensures transactions become…
Sports apparel giant Nike (NASDAQ: NKE) is turning its gaze to emerging technology in a valiant effort to pull away from its competitors and improve the state of its offerings for consumers. Nike is integrating artificial intelligence (AI) and blockchain technology into its operations for market efficiency and personalized services to shoppers. The push to embrace next-gen technologies has earned Nike an avalanche of plaudits, but the journey remains fraught with several pitfalls. The company’s foray with blockchain began in late 2020 when executives turned to distributed ledgers to fight the scourge of counterfeit products. By incorporating blockchain into all…