Author: NBTC
Multiple market analysts say it is not unusual for Bitcoin to undergo a correction in the January that follows a halving year. This comes after BTC’s price has seen a 10% decline in the last few days. It has, however, marginally recovered to around $94,000 after falling from a peak of $102,300 on January 7. Historical trends of January dips after halving Bitcoin has seen more intense market corrections in previous halving years. After plunging more than 25% in 2021, the cryptocurrency gained 130% to record new highs around $69,000 later that same year. Before that, Bitcoin suffered a 30%…
Ethereum is gearing up for one of its most notable upgrades in early 2025 with the Pectra hard fork, a fusion of the Prague and Electra updates. This upgrade seeks to improve scalability, efficiency, and staking mechanisms while tackling persistent issues like high gas fees and validator limitations. Still, market participants are split on whether Pectra will be a game-changer or fail to deliver substantial price gains for ETH. Pectra to Bring Key Improvements to Ethereum The upcoming Pectra upgrade will introduce several Ethereum Improvement Proposals (EIPs) set to enhance network efficiency. One critical feature is account abstraction, which allows…
Shytoshi Kusama, the lead developer of Shiba Inu, has made a bold statement about the project’s trajectory. In a tweet exchange, Kusama assured that Shiba Inu would capture the attention of critics and investors long before the price reached the lofty $0.50 mark. Shiba Inu Will Grab Attention Way Before Price Reaches $0.50 Kusama’s confident statement came after a tweet from crypto investor Maserati Cam, who claimed he would only pay full attention to Shiba Inu if the token hit the $0.50 threshold. Notably, SHIB is currently trading at $0.000022, and reaching $0.50 would require an exceptional price surge of…
Data gathered from the first month of 2025 reveals that bitcoin mining revenue reached $1.4 billion for January, trailing last month’s figures by about $40 million. First Month of 2025—Bitcoin Mining Revenue Mirrors December’s Figures Statistics reveal that bitcoin miners secured about $40 million less than in December, marking the second most profitable month in the past nine months. Metrics sourced from theblock.co indicate that December generated $1.44 billion in revenue from the combined subsidy and fees. Approximately $39.38 million of the aggregate was amassed from onchain fees. Of the $1.4 billion recorded in January 2025, fees accounted for $20.37…
Just a few hours ago, bitcoin’s price was close to breaking above $96,000, but the bears took complete control of the market, and the asset dumped to its lowest level since November 26. The altcoins are in a state of freefall as well, with ETH beneath $3,100 and XRP under $2.4, while ADA, SUI, and many others have plummeted by double digits. The past week didn’t go well for the primary cryptocurrency, despite its positive start when it jumped above $100,000 on Monday and beyond $102,000 on Tuesday. In the next 48 hours, though, BTC slumped by more than ten…
Cryptocurrency analyst IT Tech has provided insight into the current market conditions of Ethereum, explaining the key trends in whale activity and price movements. According to IT Tech, Ethereum’s large trading volume (LTV) remains lower compared to previous bull cycles in 2017 and 2021. This suggests that the market is currently driven more by retail investors rather than institutional-scale transactions that usually signal speculative swings. While small increases in whale activity have been observed, these are not at levels that typically precede a major rally or significant sell-off. However, IT Tech warns that sudden increases in whale transactions are often…
The following article is an op-ed by Daniil Shcherbakov, Co-Founder at TonTon Games. As 2024 comes to an end, the Web3 gaming industry is still at a crossroads. Often touted as the future of gaming, with promises of true freedom for players, it has also become a graveyard for ambition — 75% of projects launched between 2018 and 2023 failed within a year. And as the industry stands on the brink of 2025, hopes are high, but the cracks are hard to ignore. The market is holding its breath, awaiting this year’s statistics. But before we speculate on Web3 gaming’s…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is down -3.84% today against the US Dollar BTC/ETH increased by 2.43% today Bitcoin is currently trading 11.90% below our prediction on Jan 18, 2025 Bitcoin dropped -10.83% in the last month and is up 111.44% since 1 year ago BTC price is expected…
Bitcoin price reclaims the $105,000 price target and altcoins are following this lead. Ethereum is highly anticipated to surge to hit its first new ATH this cycle. ETH price is nearing the end of a bullish falling wedge formation. As the price of Bitcoin recovers its $105,000 price range, the pioneer crypto asset is expected to continue in a slow sideways movement until it can close above the $106,000 price range on the daily chart. One analyst believes that this move will elevate Bitcoin’s ability to hit its next ATH target which will likely be at the $120,000 price target.…
Billionaire investor Mark Cuban has proposed that creators of memecoins should fill out a registration form as part of the listing process. In a post on X, Cuban said that the mass proliferation of memecoins that the crypto industry is currently experiencing is due to the lack of registration criteria. Cuban’s comments came in response to a statement by Coinbase CEO Brian Armstrong on the need for a new listing process for the exchange. Armstrong had earlier noted that the current process for listing tokens is inadequate. According to Armstrong, around one million tokens are created weekly, making it impossible…