Author: NBTC
Crypto venture capital funding is projected to reach $18 billion in 2025, due to strong market fundamentals and favorable regulations. Investments will focus on Bitcoin Layer 2 solutions, blockchain infrastructure, AI blockchain, DeFi, Web3, privacy, and tokenization. Robert Lay, the head of PitchBook, shared his expectations for crypto projects venture capital funding in 2025 in a recent interview with CNBC’s Crypto World. Although the year 2024 has been challenging, with a decrease in funding due to various reasons, such as the collapse of major players and higher interest rates, Lay remains optimistic about the industry’s future. Reflecting on 2024, Lay…
In a significant update for the Dogecoin community, a crucial reminder has been issued to Dogecoin node operators. Dogecoin node operators have been urged to take immediate action to upgrade their systems following the release of Dogecoin Core 1.14.9. Prominent Dogecoin community member Mishaboar issued the reminder, emphasizing the importance of adopting the latest version to address critical updates. In a tweet, Mishaboar alerted Dogecoin node operators by saying: “A reminder: if you are running Dogecoin Core, it is recommended you upgrade your node to the latest release, 1.14.9, which includes important updates to fix bugs inherited from Bitcoin and…
Monthly trading volume in November for three Hong Kong Bitcoin spot ETFs surged to $154 million in November, setting a new record-high on the Hong Kong Stock Exchange. According to data from the Hong Kong Stock Exchange, the total monthly trading volume for three Bitcoin spot ETFs in Hong Kong has reached around HKD 1.2 billion in November or equal to $154 million, setting a new monthly trading volume record. The three main Hong Kong Bitcoin(BTC) spot ETFs contributing towards this record-high streak are ChinaAMC Bitcoin ETF, Bosera Hashkey Bitcoin ETF, and Harvest Bitcoin Spot ETF. This milestone is particularly…
Ethereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased. Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of red spread in the crypto industry, with the market cap of all coins falling to $3.29 million. Ethereum crashed in a low-volume environment as most traders remained away from the market during the Christmas holiday. CoinGecko data shows that the 24-hour volume was $17.5 billion, down from $24 billion a day earlier. It had its lowest volume in over a…
Ripple chief technology officer (CTO) David Schwartz has published a post that triggered the XRP’s community’s excited feedback in the comments. “Lock in,” Ripple CTO says Schwartz responded to a series of reposts, which all state one short phrase: “Lock in.” He also tweeted this short message, sparking interest within the crypto community. The XRP army reacted with a wave of bullish posts, basically posting similar messages in response, taking the Ripple CTO’s encouragement to “lock in” XRP to mean to “hodl” it for a long period without selling or securing more XRP purchases. Those comments were similar to this…
Bitcoin’s price is consolidating below the $100K milestone, as investors are still waiting to witness a six-figure BTC price. However, the asset fell hard today, and the question remains whether that target will be achieved soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart As the daily chart demonstrates, the asset has been breaking through several resistance levels over the past few weeks, paving its way toward the $100K mark. However, the price has yet to reach this level, as the market is moving sideways. With the $90K support level intact, investors could be hopeful that a bullish breakout…
Macro guru and Real Vision CEO Raoul Pal believes Ethereum (ETH) is gearing up for an explosive move. In a new YouTube strategy session, Pal says that the leading smart contract platform by volume is forming a bullish wedge pattern on its weekly chart, setting the top altcoin up for a breakout. “The weekly chart of Ethereum hasn’t yet broken out, but it’s very close. So whether we break out this month, which is my hunch, and then maybe retest in the January pullback from liquidity, or we pull back here for a bit and then explode through afterward, either…
Bitcoin’s price of $96,125 to $96,557 over the last hour reflects a consolidating market with mixed signals from various timeframes, suggesting a cautious approach for traders and investors. Bitcoin On the 1-hour chart, bitcoin shows a sharp drop from $98,200 to $94,712, followed by a moderate recovery. A spike in sell volume during the decline suggests capitulation, while the weak recovery volume questions bullish strength. Immediate support rests at $94,700, with resistance at $96,500. Traders should wait for bullish confirmation, such as higher lows and increasing volume, before entering positions. Exits near $96,500 or a stop below $94,000 would mitigate…
The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more than 91.55 million transactions, bringing in $8.71 billion per CryptoSlam. However, in 2024, the total transactions dropped significantly, only reaching 70.89 million. Nonetheless, an increase in unique buyers and sellers helped balance the scales, with the former totaling 7.5 million and the latter reaching 4…
Blockchain tracking platform Whale Alert, which traces down large cryptocurrency transfers, has detected the awakening of an ancient cryptocurrency whale that holds millions of dollars worth of Ethereum. The tweet specified that this wallet was a pre-mine address that returned to active life after 9.4 years and contained 1,940 ETH. Ethereum ICO participant comes back with huge profit Adding more details to this, the @lookonchain analytics account tweeted that this pre-mine whale was an Ethereum initial coin offering (ICO) participant who received his 1,940 ETH from the Ethereum Genesis block. Back in 2014, his Ethers cost $601, while now it…