Author: NBTC
Bitcoin has struggled to reclaim $100,000 as a support floor, reflecting a lack of momentum in recent price action. Despite this, investor sentiment remains bullish, with confidence bolstered by Bitcoin’s growing institutional support and its symbolic milestone of turning 16 years old. Bitcoin Investors Are Bullish The supply of Bitcoin on exchanges has dropped by 11,000 BTC in the past 48 hours, signaling reduced selling pressure. Since the beginning of the year, accumulation has surged to $1 billion, with investors consistently acquiring BTC even amid stagnant price movements. This trend highlights the confidence of Bitcoin holders in an eventual rally.…
Grayscale Research has released its updated list of the top 15 crypto assets based on fully diluted valuation (FDV) for Q1 2025. According to CryptoRank data, the list highlights trends in U.S. election tokens, the Solana ecosystem, and AI-focused cryptocurrencies. New additions include $HYPE, $ENA, $VIRTUAL, $JUP, $JTO, and $GRASS. Notable removals include $TON, $NEAR, $STX, $MKR, $UMA, and $CELO. These updates reflect shifting market dynamics and investor interest. Top 15 Grayscale Research Coins by FDVThis list showcases a diverse selection of crypto assets identified by Grayscale Research as having significant growth potential in Q1 2025. The focus is on…
The co-founder of Web3 token platform g8keep, Harrison Leggio, is threatening to sue Elon Musk over the suspension of the startup’s X account despite the social media platform continuing to charge it for its verified status. Today Leggio — known on X as “Pop Punk” — posted that, “X is breaking the law.” He claims g8keep’s account was “wrongfully suspended” and now it can’t cancel its more than $1,000 subscription. “[X] ARE STILL CHARGING US. Legal action seems like our only option,” Leggio said. Read more: Ionic restarted Celsius’ crypto miners and is already facing a lawsuit According to screenshots…
VeChain Poised for Enterprise Dominance in 2025 with Key Partnerships and Blockchain Upgrades
VeChain is expanding this year with 3 unique focus areas for growth. The protocol aims to enhance user experience with upgrades and partnerships. According to market analyst CryptoBusy on social media X, VeChain is set to dominate enterprise in 2025, citing its strategies. Some of VeChain’s strategic initiatives include blockchain upgrades, key partnerships, and real-world asset integration. The VeChain 2025 Strategy The VeChain platform, created in 2015 by Sunny Lu and Jay Zhang, aims to improve supply chain management and business processes. While 2024 proved an exciting year for VeChain, the platform has confirmed strategic initiatives that will set it…
Ripple CEO Brad Garlinghouse is optimistic about the progress of crypto regulations in the United States after engaging with lawmakers in Washington, D.C. In a Feb. 13 post on X, Garlinghouse shared that he met with several policymakers in Washington, D.C., including Senators Tim Scott and Chuck Schumer and Representatives French Hill, Ritchie Torres, and Bill Huizenga. According to him, the meeting highlighted a rare opportunity to advance bipartisan legislation that could create a well-defined regulatory framework for digital assets. Garlinghouse described the discussions as promising, noting that lawmakers appear more open to regulations that support innovation while ensuring market…
On Jan. 3, 16 years ago, Bitcoin, the first and largest cryptocurrency, officially launched after the Genesis Block was mined. The Genesis Block, also known as Block 0, was mined by Satoshi Nakamoto, the pseudonym used by Bitcoin’s creator or creators, on Jan. 3, 2009. Unlike subsequent Bitcoin blocks, the Genesis Block rewarded 50 BTC, which can never be spent. Today marks 16 years since the Bitcoin Genesis Block was mined!On Jan 3, 2009, Satoshi Nakamoto launched Bitcoin by mining Block 0. It rewarded 50 BTC, which can never be spent, and included this message: “The Times 03/Jan/2009 Chancellor on…
Pepe (PEPE), the first-ever frog coin and one of the most popular community meme cryptocurrencies, becomes the second worst performer of this week. By contrast, cryptocurrencies associated with artificial intelligence (AI) agents logged a splendid start of 2025. PEPE closes first 2025 week in red: Worst start of year Pepe (PEPE), a top meme cryptocurrency, lost 4% of its price in the last seven days. After having $360 million of its market cap erased, it is on the verge of leaving the top 25 of cryptos by market cap. The PEPE price is close to sinking below $0.00002, which is…
Tether is working closely with US lawmakers to help shape upcoming stablecoin regulations, according to FOX Business journalist Eleanor Terret. Tether CEO Paolo Ardoino confirmed the firm’s active engagement with top legislators. The company wants to ensure their “voice is heard” in the process, Ardoino said, expressing a willingness to compromise and adjust in order to ensure their continued operation within the legal framework. “We are going to work within the regulatory framework, and we are going to try to advise on every single one of these field proposals to make sure that our voice is heard,” Ardoino said, addressing…
Threat to Bitcoin Mining is Growing – Here Are The Changes That May Happen In The Coming Period
Cryptocurrency analytics firm Alphractal has released a report addressing growing concerns in the Bitcoin mining sector, highlighting historical indicators, industry pressures, and the changing competitive landscape that could reshape the industry by 2025. According to Alphractal, key metrics show that Bitcoin mining is under increasing pressure. The company noted that Bitcoin transaction fees are at their lowest levels since 2012, while mempool transactions have reached their lowest point since October 2023. Additionally, SegWit transactions have been on a steady decline, and the Revenue/Hash ratio has fallen to around -0.8, reaching historic lows. These pressures are compounded by the halving event,…
Clifford Asness, a hedge fund titan and co-founder of AQR Capital, has raised eyebrows in his latest piece, in which he predicted a massive Bitcoin capsize. The experienced market participant published a piece on Thursday sharing his perspective on the global market outlook for the next decade. Notably, his prediction applies to most financial vehicles in the US, including cryptocurrency. Meanwhile, his crypto allocator view elicited the community’s attention due to its controversial nature. Asness predicted an over 100% upsurge in Bitcoin’s price, followed by a staggering capsize below the bear lows after the FTX implosion. AQR Capital Co-Founder Calls…