Author: NBTC

Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain in the period, according to price aggregator NFT Price Floor. Meanwhile, the fungible token sector registered an average performance of negative 8.6%, with only native tokens from centralized exchanges recording positive returns. Mixed performance The NFT collection with the most significant upside was the Space Doodles, with a 44.7% upside in their dollar-nominated price. Pudgy Penguins’ secondary collection, Lil Pudgys, went up by 35.1% and had the second-largest returns among the top 10 collections. This performance was closely…

Ethereum (ETH) has experienced price fluctuations within the last seven days as it struggles to climb back to the $4,000 level. Despite Ethereum’s obvious struggles, a rebound might be on the horizon for the leading altcoin. Positive metrics point to market optimism CryptoQuant, a leading on-chain data provider, highlighted some crucial metrics in a post on X that suggest a cautiously optimistic outlook for Ethereum. Notably, CryptoQuant pointed out four indices hinting at a possible positive future for ETH. According to charts, Ethereum’s Estimated Leverage Ratio is at its peak. This signals that traders and investors are willing to take…

Cardano founder Charles Hoskinson has addressed claims made by an anonymous whistleblower regarding internal politics within the Cardano Foundation (CF). The whistleblower, whose memo was shared by prominent Cardano-focused content creator Big Pey on X, raised several concerns. He talked about alleged dysfunction, power struggles, and governance issues within the CF. Charles Hoskinson Responds to Whistleblower The whistleblower accused CF leadership of undermining Cardano’s broader governance roadmap and attempting to sideline Input Output Global (IOG), the company founded by Hoskinson. “The CF leadership is failing. Deflated egos at the senior level are poisoning the strategy… their plan succeeds, it will…

Pro-Ripple (XRP) attorney and Republican John Deaton shared a TikTok video on his X account, which featured American comedian Jon Stewart raising the alarm over the US Department of Defence’s “unmonitored” spending. Deaton quoted the video, saying it is why Elon Musk-led D.O.G.E. is “necessary.” Stewart highlighted the disconnect between the Pentagon’s budget and the realities faced by service members. “We got out of 20 years of war, and the Pentagon got a raise,” Stewart remarked. “I can’t figure out how $850 billion to a department means that the rank and file still have to be on food stamps. To…

Nokia takes a major step toward securing cryptocurrencies with a new encryption patent. Nokia Technologies Co., Ltd. reportedly filed for a patent on Dec. 23, 2024, under the title “Device method and computer program” to improve the encryption of digital assets. The patent was submitted to the National Intellectual Property Administration in Jun. 2024 and was given publication number CN 119155674 A. Nokia is making a big move by entering the rapidly growing field of digital asset encryption, which is becoming crucial in the blockchain and cryptocurrency sectors. According to the abstract of the patent, this proposed system described in…

The expected moment has finally arrived in Bitcoin and BTC has exceeded $ 100,000. While the general expectation of an increase is still ongoing, Changpeng Zhao (CZ) shared BTC. CZ, the former CEO of Binance, the world’s largest cryptocurrency exchange, republished the post he published in 2021. CZ republished his post regarding Bitcoin’s selling price in May 2021, saying, “Slap yourself if you sold BTC for under $100,000.” CZ had previously posted the same content in August 2019. https://twitter.com/cz_binance/status/1395411464266031106 I Still Have The Same Number Of Bitcoins! While CZ was seen waiting for $100,000 in Bitcoin for a very long…

The leading altcoin, Ethereum (ETH), has experienced a 15% decline in the past seven days. However, on-chain data has revealed that this price dip merely mirrors the broader crypto market sell-off as the bullish bias toward the altcoin remains significant. This analysis highlights two key on-chain metrics hinting at a potential rally toward the $4,000 price zone in the near term. Ethereum Sees Bullish Momentum Despite Price Fall First, Ethereum’s rising Estimated Leverage Ratio (ELR) indicates a sustained appetite for risk, reflecting the likelihood of a price rebound. According to CryptoQuant, it stands at 0.53 at press time. Ethereum Estimated…

Cryptocurrency analysis company Santiment has published a list of altcoins that have had the most new wallets opened this week. The list, which took shape amid a partial market downturn, shows that these altcoins are experiencing network growth despite a correction in the cryptocurrency market, according to Santiment. According to analysts, in the long term, both the increase in usage areas and network growth create the necessary conditions for market value growth. The analyst warned that it is necessary to focus on altcoins that have witnessed the most increase in new wallet formation. Here is the list prepared by Santiment,…

We’ve all got it by now that President Donald Trump can’t fire Federal Reserve Jerome Powell. But the rest of the board? They’re fair game. And he knows it. So do they, which is why some are reportedly already looking for help to keep their jobs. The Federal Reserve Board is made up of seven members, each appointed by the President and confirmed by the Senate. With many Biden appointees in key positions right now, Trump might see it fit to clean house. Who’s sitting on the chopping block? First, let’s talk about Powell. Trump appointed him back in 2017,…

Newly unveiled The Grid is a Web3 structuring and verifying system, which could be the “map” data needed to make the blockchain world more accessible than ever before. After working on this for seven years, The Grid is coming into the limelight as a meta standard that can help data platforms connect to the blockchain more effectively. All that should mean a more user friendly interface that allows less Web3 savvy users to feel comfortable exploring this space and—ultimately—investing more. Co-founder, Jonathan Knegtel, told Decrypt: “Think of this as an evolution rather than a revolution. The Grid provides ecosystem metadata.…