Author: NBTC
Lisa Gordon, Chair of Cavendish Investment Bank, has raised alarms about the UK’s growing interest in cryptocurrencies. She pointed out that more than half of people under 45 now own digital currencies but have no investments in stocks, a trend she believes could harm both individual wealth and the economy in the long run. The Importance of Stock Market Growth She said that stocks are crucial for company growth. Unlike cryptocurrencies, stocks provide funding for businesses, creating jobs, driving innovation, and contributing to the economy through taxes. “Cryptocurrencies are non-productive assets and don’t help the real economy,” she said. Gordon…
We are on the verge of some major crypto unlocks ahead of us. The cryptocurrency market will experience a massive token unlocking wave which has potential effects on market liquidity and token prices with influences on market sentiment. Major platforms Berachain (BERA), Aptos (APT), Sandbox (SAND), and Aethir (ATH), are all introducing significant crypto unlocks that amount to millions of dollars in the upcoming period. MAJOR UPCOMING TOKEN UNLOCKS #Berachain $BERA #Aptos $APT #ionet $IO #Moca $MOCA #Aethir $ATH #Sandbox $SAND #Cyber $CYBER #StarkNet $STRK #Vana $VANA pic.twitter.com/e0mzgWYbdL — PHOENIX – Crypto News & Analytics (@pnxgrp) February 10, 2025 Token…
While the costs of Bitcoin mining can be very high, the return on investment (ROI) is even higher for major operations with huge mining capacity. Therefore, a solo crypto investor must understand the workings of mining before diving into this world. This guide will explore one of the most prevalent terminologies in the mining industry, Bitcoin (BTC) mining difficulty. What is it, and what are its benefits? What is BTC mining difficulty? BTC mining difficulty is a measure of the complexity of mining BTC. It indicates how hard it is for an average miner to verify blockchain transactions and earn…
DIA (Decentralized Information Asset), an innovative decentralized financial data platform, announces the mainnet launch of its Lumina solution. Powered by DIA’s Lasernet technology, it offers an entirely new level of transparency for blockchain oracles. DIA by Lumina goes live in mainnet, introduces transparent oracles for Web3 According to the official announcement by DIA, a developer of open-source digital finance infrastructure, its hotly anticipated solution, Lumina, is finally live in mainnet. Lumina leverages fully on-chain and transparent architecture, which makes every step of the data journey — from sourcing to computation — verifiable. 💥 DIA Lumina Mainnet is now LIVE!The era…
Bitcoin’s (BTC) market behavior continues to evolve, with recent trends suggesting it is being treated more as a risk-on asset than a traditional store of value, according to a new report from Bitfinex. Bitcoin’s price has remained in a consolidation range between $91,000 and $102,000 for over 75 days, reflecting declining volatility and increased market stability. The report highlighted that BTC’s correlation with equities has strengthened. At the same time, its relationship with gold has weakened, suggesting the crypto role as a risk asset instead of a store of value. Additionally, Bitfinex noted that Bitcoin remains sensitive to macroeconomic developments…
Crypto-related exchange-traded products (ETPs) ended their five-week outflow streak, recording strong weekly inflows of $644 million, according to CoinShares’ latest report. James Butterfill, Head of Research at CoinShares, noted that the trend reversal reflects a marked improvement in investor sentiment across the digital asset sector. According to him, crypto ETPs saw inflows every day last week, following a 17-day streak of outflows. The renewed inflows have pushed total assets under management (AUM) up by 6.3% from the March 10 low, reaching $134.5 billion. Bitcoin leads recovery The report showed that Bitcoin played the most significant role in this rebound, pulling…
A dormant whale has shown signs of activity after two months of inactivity. According to data reported by Spot On Chain today, the whale accumulated huge amounts of Solana (SOL). A smart whale resurfaced after 2 months and withdrew 61,319 $SOL ($12.4M) from #Binance and #OKX at ~$202.53 today!Previously, this whale had completed 2 $SOL trades between Dec 27, 2023, and Nov 30, 2024, earning an estimated total profit of $8.47M (+38.9%) with a 100% win… pic.twitter.com/2XNJok4bvA — Spot On Chain (@spotonchain) February 10, 2025 Whale withdraws 61,319 Solana Today, the big investor, which has been inactive for the past…
Attorney Fred Rispoli suggests that Ripple might pay a significantly lower fine than the court’s initial order of $125 million. Rispoli, founder of Hodl Law, made this prediction during a recent interview on the Thinking Crypto Podcast. Notably, suggested that the SEC’s decision to drop its appeal against Ripple despite a $125 million fine on the table deviates from expectations. Ripple’s $125M SEC Fine: Will It Vanish or be Reduced?! Attorney Fred Rispoli shares his thoughts on what may happen to Ripple’s $125 million fine following the SEC’s decision to drop its appeal in the XRP case. Watch the full…
Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M in Revenue Canaan Inc., a crypto mining hardware manufacturer, has released its financial results for 2024, showcasing strong growth in both revenue and bitcoin mining. The company generated $269.3 million in total revenue, a 27.4% increase from 2023, with bitcoin mining contributing $44 million. The firm now holds 1,292.5 BTC, further strengthening its crypto reserves.…
Sports Illustrated is launching a new prediction market platform in partnership with U.K.-based media firm Galactic. The platform, called SI Predict, will allow users to place bets on sports-related events without wagering on the actual outcomes of games. SI Predict operates similarly to platforms like Polymarket and Kalshi, which use blockchain-based derivatives contracts to let users bet on future events, according to Bloomberg reporting. Unlike traditional sportsbooks that focus on game results, SI Predict will offer markets on adjacent aspects of sports, such as stadium attendance, halftime show details, or other non-score-based outcomes. “Sports media is no longer a one-way…