Author: NBTC
In a comeback story for the ages, Solana surged from the depths of crypto’s winter in 2022 into the limelight this year, becoming one of the most utilized blockchains for crypto enthusiasts and retail novices alike. “Chewing glass is in our DNA, and we’ll get through together.” Solana co-founder Anatoly Yakovenko posted on Twitter (aka X) during the winter of 2022. Fast forward two years, amid expanding risk appetites and meme coin mania, Solana in 2024 has witnessed explosive user growth. The blockchain is poised to shake old narratives about its frequent outages and technical inferiorities, with impending technological unlocks…
Bitcoin has found itself in a challenging position, struggling to reclaim the coveted $100,000 mark after a rapid shift in market sentiment. Just weeks ago, optimism dominated the landscape, with prices surging toward new heights. However, the narrative has taken a sharp turn, as fear now grips the market following a sudden correction. Currently trading below $100K, Bitcoin’s price action reflects increased uncertainty among investors. Top analyst Axel Adler recently shared his insights on X, emphasizing the significance of the $90,000 level as a robust support zone. According to Adler, this zone extends to a lower range of $79,000, offering…
Solana (SOL) continues in an impressive growth, attracting significant capital and users’ interest as 2024 ends and 2025 approaches. This week, for example, the Solana ecosystem had nearly half-a-billion dollar in stablecoins’ inflow, while the Ethereum ecosystem lost millions. In particular, Solana had a $424.87 million inflow of Tether’s USDT and Circle’s USDC in the last seven days. According to data from Lookonchain, this was the largest stablecoins inflow in all blockchains, with Coinbase’s Base in second. This marks a huge milestone for Solana that could boost its ecosystem and SOL’s price to new highs. Essentially, stablecoins inflow usually mean…
The dead internet theory may not be in full swing just yet, but AI agents have already taken over much of Crypto Twitter. Reply bots on X are populating posts on nearly everything, using artificial intelligence models to increase reach and blockchains to settle micro transactions or record data. These bots are increasingly interacting with other bots, with pairs of such bots launching their own tokens. (While token issuance still requires humans, often the concept stems from whatever the AI bots decide). Your token CHAOS has been successfully deployed on Base. You can find more details here:- Dexscreener: https://t.co/Vvi4hISQuT- Uniswap:…
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented $1.4 billion hack hit the exchange late Friday. The exchange has received 446,870 ether (ETH), worth $1.23 billion at current prices, through loans, large deposits, and ether purchases in the past two days, on-chain tracking service Lookonchain said in an X post on Monday. Address activity suggests more than $400 million were purchased through over-the-counter trading, with another $300 million brought directly from exchanges. Nearly $300 million were sought as loans; the rest are from addresses apparently belonging…
Shares of major publicly listed Bitcoin (BTC) mining companies tumbled this week as the oldest cryptocurrency continued its retreat below the critical $90,000 threshold. Widening net losses and increasing competition led the worst-performing stock to lose nearly 30% in a single day. Industry leaders were also unable to resist the negative trend, as the index tracking the condition of BTC mining stocks dropped to its lowest levels since September 2024. Cipher Mining Inc. (NASDAQ: CIFR) shares declined despite reporting fourth-quarter net earnings of $18 million, or $0.05 per diluted share. The company’s adjusted earnings reached $51 million ($0.14 per diluted…
Adam Back, cypherpunk, Satoshi Nakamoto ally and Blockstream CEO, has taken to his X account to comment on the Bybit exchange exploit as hackers drained an enormous $1.4 billion of the second largest cryptocurrency Ethereum from the trading platform. Analysts believe that Bybit was attacked by the infamous hacker group Lazarus based in North Korea. Adam Back bashes Ethereum as Bybit gets hacked Prominent cypherpunk and Bitcoiner tweeted that now that the EVM contract has been hacked once again, “Bitcoin dominance ratches higher.” He quoted his own tweet published earlier today, where he slammed Ethereum and its EVM (Ethereum Virtual…
Despite experiencing a 3.2% price decline to $0.2525, Tron (TRX) has emerged as the leading profitability cryptocurrency asset. IntoTheBlock data reveals that Tron leads with over 95% in terms of addresses in profit. This places the asset above notable rivals like Bitcoin, Ethereum and Cardano. Tron Outshines Bitcoin and Ethereum in profit metrics Tron’s addresses in profit amount to 156.16 million, representing 95.73%. These “In the Money” addresses, as tagged by IntoTheBlock, are currently raking in significant gains in the market. Meanwhile, only 1.15% or 1.88 million addresses are recording losses, or are “Out of the Money.” Among the top…
A huge amount of XRP – 29,532,534 tokens worth about $75.38 million – has just appeared on major U.S. crypto exchange Coinbase. The transfer, spotted by Whale Alert, came from an unknown wallet called “r9ZMd” and landed in a Coinbase address labeled “r4sR.” It is the kind of move that makes people stop and wonder: What’s going on here? When something like this happens, the first thought is usually – is this a sell-off? Big transfers to exchanges often mean someone is getting ready to cash out, which could drive prices down. But it is not always that simple. Then…
On Friday, as the weekend looms, bitcoin (BTC) is holding its ground at $96,751 per coin. Over at Coinbase, a curious twist has appeared over the past 11 days with a negative premium gap of $122, while South Korea is displaying a premium of 3.3% on bitcoin’s price. Bitcoin Price Divide Prior to bitcoin reaching its all-time high of $108,364 per coin, the Coinbase premium and premium gap had largely stayed consistent and positive, with just a brief dip on Nov. 24–25. To clarify, the Coinbase Premium Gap index from Cryptoquant tracks the price difference between bitcoin (BTC) traded on…