Author: NBTC
Various chains in the cryptocurrency market experienced significant capital flows in January. That is according to the latest data shared today by CryptoRank.io. Over the past 30 days of January, CryptoRank.io studied net capital flows of the top 10 Layer 1 and Layer 2 networks. It engaged in that activity to understand the direction of money flow in public chain protocols. Top 10 Chains With The Largest Net FlowsIn January, @Ethereum recorded a positive net flow of +$2.3B, whereas @Arbitrum experienced -$3.3B.@Solana and @Base continue attracting value from other networks, while @Starknet and @0xpolygon also recorded net Inflows. pic.twitter.com/c2A0a7ksVh —…
Despite the relatively overwhelming optimism about Bitcoin’s (BTC) prospects in 2025, with prominent price targets for the cryptocurrency ranging from $175,000 to above $800,000, it started the year with relative weakness. A recently unveiled court filing, dated December 30, 2024, might have offered some insight into the recent downward pressure. Specifically, Judge Richard Seeborg denied a motion to temporarily suspend permission granted to the Department of Justice (DoJ) to offload 69,000 BTC, Bitcoin Gold (BTG), Bitcoin SV (BSV), Bitcoin Cash (BCH), and other related assets seized by the government from the illicit Silk Road marketplace and valued at approximately $6.5…
Deploying a smart contract on the blockchain comes with significant risks. Since blockchain transactions are irreversible, a faulty contract can lead to permanent fund losses. That’s why testnets are essential – they allow developers to safely test their smart contracts, wallets, and dApps without putting real assets at risk. To mimic real blockchain conditions, testnets require tokens for transaction fees. Fortunately, these tokens have no real-world value and can be obtained for free through “faucets.” These services distribute testnet tokens, enabling developers to experiment in a risk-free environment. A Sepolia ETH faucet provides free ETH for the Sepolia testnet, allowing…
Hedera’s platform enables the tokenization of real-world assets like stocks and real estate. The Hedera Token Service and Consensus Service provide secure and scalable infrastructure for asset tokenization. Hedera Hashgraph is advancing real-world asset tokenization through its efficient tools and native cryptocurrency, HBAR. It provides easy and efficient ways for businesses and developers to create and manage tokenized assets in the market. According to a Hedera blog, the Hedera Token Service (HTS) allows for the simple creation and management of tokens on the Hedera network. It ensures regulation by implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) measures on-chain.…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Newly-confirmed Treasury Secretary Scott Bessent now has an additional federal agency to oversee, and he’s hitting the ground running. Bessent was named acting head of the Consumer Financial Protection Bureau yesterday after President Trump fired Rohit Chopra. Chopra, a Biden-era nominee, was known for his aggressive regulatory approach at the agency, which saw major fines against names including Wells Fargo and Citigroup. Now, Bessent has essentially put the CFPB on lockdown. Staffers are to halt any litigation, investigation or enforcement proceedings and refrain from issuing public…
Role-playing game Kuroro Wilds has launched a play-to-airdrop campaign ahead of its KURO token launch on Ethereum gaming network Ronin. Players will be rewarded for referring friends, completing social tasks, and finishing in-game quests. Kuroro Wilds is the flagship title of a wider gaming ecosystem called Kuroro, which is still developing. This franchise includes three other projects: Kuroro Ranch, a Tamagochi-style Telegram game that is currently live; Kuroro Beast Brawl, a battle arena game gearing up for beta launch; and Kuroro Ancients, an NFT profile picture collection. All of this falls under the same franchise, set on the island of…
The prominent blockchain ecosystem, Ozean has announced a strategic partnership with the RWA yield-focused platform, Tiamonds, known for operating as the largest diamond-based marketplace. Through this collaboration, Ozean adds its tokenized diamond offerings to its platform, giving users access to a broader range of Real-World Asset (RWA). This strategic blockchain integration seeks to make diamond investments more accessible for users. 💎 Ozean partners with @Tiamonds — the world’s largest tokenized diamond marketplaceThis partnership will bring tokenized diamonds to the Ozean ecosystem, expanding the range of #RWAs available to users. Learn more 👇https://t.co/y5RhKC6YQp$CPOOL pic.twitter.com/VlKf64l3yv — Clearpool (launching Ozean🌊) (@ClearpoolFin) February 4,…
Bitcoin price has crashed this week amid ongoing jitters about the bond market and a relatively hawkish Federal Reserve. Bitcoin (BTC) fell below $95,000, triggering a steeper sell-off among altcoins. However, there are signs that the coin may bounce back and possibly hit $122,000 in January. Bitcoin balances on exchanges are falling One key reason why BTC’s price may rebound in January is the ongoing imbalance between demand and supply. Demand has continued to rise this year, as evidenced by growing ETF inflows. Spot Bitcoin ETFs have added a net $1.3 billion in assets this year, while companies like MicroStrategy…
DeepSeek, which is the latest breakthrough in LLM (large language model) powered AI chatbots, has impressed users with its capabilities and even had a significant impact on the U.S. stock market by sparking concerns that major tech stocks such as NVIDIA are overvalued. The reason for this is that DeepSeek is able to beat leading models on multiple benchmarks while supposedly only costing a fraction of the cost to train and operate. DeepSeek’s “base case” for Ethereum in Q1 2025 is $8,000 – $12,000 We decided to experiment with DeepSeek by asking the chatbot about its opinions on the Ethereum…
Neo has announced a strategic collaboration with PumpBTC to help bolster Bitcoin’s DeFi ecosystem using the Neo X EVM sidechain. The cooperative agreement is aimed at leveraging Neo X as a host for assets and liquidity for the PumpBTC platform, expanding opportunities for bitcoin holders in DeFi. About PumpBTC PumpBTC is a liquid staking solution for Babylon, a blockchain ecosystem that allows bitcoin holders to contribute to network security while earning rewards through direct staking on the Bitcoin blockchain. This collaboration aims to deploy PumpBTC on Neo X, unlocking a range of functionalities for users, including: Staking opportunities: stake PumpBTC…