Author: NBTC

Dog-themed cryptocurrency Dogecoin (DOGE) is seeing significant activity as 2024 draws to a close. In the last 24 hours, a whopping $258 million worth of Dogecoin were shifted, catching the attention of the crypto community. Within the last 24 hours, two transactions totaling 816 million DOGE worth $258 million were reported by blockchain data tracker Whale Alert. The transactions were as follows: 466.8 million DOGE was transferred in one transaction, and 350 million DOGE moved about an hour later in a separate transaction. Both transactions occurred between unknown wallets. Whale Alert reports: 350,000,000 DOGE worth $109,962,192 and 466,890,148 DOGE worth…

In a lengthy post on X, CryptoQuant CEO Ki Young Ju questioned whether the U.S. would embrace a Bitcoin reserve under the incoming Donald Trump administration. “I personally support the idea of Bitcoin Standard,” Young Ju said. “However, I question whether the U.S., while continuing to grow as other economies stagnate, would adopt Bitcoin as a strategic asset. For the debate to gain serious momentum, the U.S. would need to see its global economic dominance genuinely threatened. At present, market sentiment suggests confidence in the U.S.’s continued supremacy.” Trump, on the 2024 campaign trail, promised to establish a national Bitcoin…

TL;DR AvalancheAI integrates artificial intelligence into the Avalanche ecosystem, using the $AVAX token to drive its growth. The platform offers accessible tools for creating and trading AI agents, aimed at both Web3 and Web2 users. $AVAXAI will facilitate transactions within the platform. It will feature a deflationary mechanism that supports the token’s appreciation. AvalancheAI is a new project that aims to integrate artificial intelligence into the Avalanche blockchain. It is backed by recognized companies such as Blizzard and Avalaunch and is the first AI platform on this blockchain. The project seeks to capitalize on the rapid growth of the artificial…

While the benchmark of the cryptocurrency market is in red, some meme cryptocurrencies are posting notable gains. ai16z (AI16Z), a sensation of Q4, 2024, hit a $2 billion capitalization milestone and exploded into the top 70 biggest altcoins. AI16Z, PEPE meme coins best performers in top 100 ai16z (AI16Z) is the best daily performer in the top 100 today. After a mind-blowing 43% rally, its cap exceeds $2 billion in equivalent. In the last 24 hours, the project, initially introduced on Solana’s meme coin launcher Pump.fun, also registered a spike in trading volume. In the last seven days, the token…

With Bitcoin and the broader crypto markets retracting their values, whales’ attention has shifted their focus to certain altcoins that are attracting their interest. Arbitrum (ARB) and Optimism (OP) are currently gaining increased popularity from large holders, according to a crypto analyst commonly recognized as the Data Nerd on the X platform. Whales accumulating Arbitrum and Optimism According to data from the crypto on-chain tracker, a whale withdrew 10 million ARB tokens (worth $7.61 million) and 2 million OP coins from Binance today. Luckily, the crypto analyst identified the wallet address belonging to the crypto trading firm Wintermute. Data showed…

Polymarket users predict that President-elect Donald Trump will not approve a Strategic Bitcoin Reserve within the first 100 days of his administration. A poll with over $1.5 million in funds puts these odds at just 27%, down from 60% after Trump’s election. This is a notable prediction since Polymarket has been highly accurate in the past, including its estimate on the last presidential election. Odds of strategic Bitcoin reserves are falling | Source: Polymarket You might also like: US will not approve strategic Bitcoin reserve: CryptoQuant CEO Kalshi users disagree Other participants in the prediction market expect Trump to ultimately…

MORPHO, the native token of the Morpho Protocol, has surged more than 30% to hit a new all-time high as cryptocurrencies registered notable gains on New Year’s Eve. The Morpho token reached an intraday high of $3.61, setting a new all-time high amid a 153% spike in trading volume. Over the past 24 hours, trading volume stood at $144.7 million. The price of MORPHO has surged more than 160% in the past month. Gains for the decentralized finance protocol have pushed the total value locked on Morpho to $5.26 billion. You might also like: Aave and Lido surpass $70b in…

The Czech Republic officially enacted a new cryptocurrency law that simplifies tax rules and brings the country in line with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The legislation, signed by President Petr Pavel, aims to support industry growth while introducing clearer compliance measures. Notably, it grants cryptocurrency companies the right to access bank accounts, provided they meet licensing requirements. The law comes just weeks after EU member states received final guidance on MiCA regulations on December 30. The Czech government’s swift action signals a proactive approach to digital asset governance. By integrating MiCA rules, the country aims to…

Anthony Pompliano, founder and CEO of Pomp Investments, reaffirmed his bullish stance on Bitcoin in a recent interview, drawing attention to Bitcoin’s dominance and strategic importance in the global financial landscape. Pompliano argued that Bitcoin’s rarity and positioning as “digital real estate” make it a vital asset for nations and institutions alike. Pompliano noted the limited supply of 21 million coins, saying: “Owning Bitcoin is like owning a strategic physical asset, but in the digital world. This is digital gold, and the US must decide whether it wants to lead or lag behind other nations that are already accumulating Bitcoin.”…

The Total Value Locked (TVL) statistics show several decentralized finance (DeFi) initiatives have recorded substantial weekly TVL gains. The TVL of Seam surged 143%, according to DeFiLlama ranking to reach $83.54 million. The Bex platform recorded an 82.9% growth and SwapX reached 78.5% growth which resulted in TVL reaching $745.2 million and $46.2 million respectively. TOP PROJECTS BY WEEKLY #TVL GROWTH$SEAM $BEX $SWAPX $BEETS $SILO $EUL $ICHI $DOLO $WAGMI $STRD $NOTE $ONDO $FLIP $STG $LISTA pic.twitter.com/pJ9JYPYKK8 — PHOENIX – Crypto News & Analytics (@pnxgrp) February 23, 2025 The decentralized finance (DeFi) platform projects Beets and Silo demonstrate solid appreciation in…