Author: NBTC
HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NASDAQ: HIVE), announced its January production results alongside a significant expansion into Paraguay. Despite the overall slowdown in the industry and a decline in production reported by other miners, HIVE managed to maintain its levels from late 2024. The blockchain infrastructure provider mined 102 Bitcoin in January while maintaining an average hashrate of 5.7 Exahash per second (EH/s). The company’s Bitcoin holdings reached 2,657 BTC, valued at approximately $271 million at month-end, reflecting a 34% increase year-over-year. HIVE’s January operations maintained strong efficiency metrics, achieving an average daily production…
Two venture-backed veterans of crypto’s data storage subsector, Textile and 3Box Labs, the builder of Ceramic, have merged in an all-stock deal, CoinDesk has learned. The companies will operate under Textile’s brand and retain their staff and data infrastructure- focused product lines. Textile CEO Andrew Hill will head the merged organization. Self-described “friendly competitors,” Textile and 3Box Labs raised funds from the same VC firms and offered overlapping products, 3Box Labs co-founder Michael Sena said. Between them, the companies have raised at least $42 million since 2019. “We came to the conclusion that the future we’re building toward is an…
Michael Saylor, Bitcoin evangelist and MicroStrategy’s executive chairman, who co-founded that company, has taken to his account on social media platform X to share a new daily message with the BTC community. “Bitcoin is the right move,” Saylor says Saylor published an AI-generated image of himself with Bitcoin attributes — an orange (the color of BTC) tie with physical BTC coins slightly blurred in the background. Aside from them, there are also some chess pieces there, which is why Saylor’s message to the crypto community has the flair of a game of chess. His tweet states, “Bitcoin is the right…
PancakeSwap expands dLIMIT and dTWAP to Arbitrum, Linea, and Base, enhancing decentralized order execution across multiple blockchain networks. Orbs’ Layer 3 infrastructure powers advanced trading features on PancakeSwap, supporting algorithmic strategies and liquidity aggregation across multiple DeFi platforms. PancakeSwap, one of the largest decentralized exchanges (DEX), has officially added support for its Orbs-based dLIMIT and dTWAP protocols to the Arbitrum, Linea, and Base network. This action enables more traders throughout blockchain ecosystems to access advanced trading tools so far only accessible on BNB Chain. Enhancing Decentralized Trading with Smart Execution The integration of dLIMIT and dTWAP provides advanced tools for…
Ethereum (ETH) extended its streak of underperforming against Bitcoin (BTC). The token fell under 0.029 per BTC during the most recent market correction. Ethereum (ETH) has yet to stop its sliding trend against Bitcoin (BTC). The token has now fallen to 0.027 per BTC, testing levels not seen since 2020. ETH already crossed the 0.030 BTC boundary, which was its baseline level just before the 2021 bull market. ETH has now completed an unwanted value roundtrip against BTC, after peaking at 0.085 BTC in December 2021. ETH’s downward trend has found little relief since the market crash of 2022, continuing…
It has been less than two weeks since Donald J. Trump stepped back into the White House, and he has already rattled the cages with numerous controversial decisions. The latest came on Saturday evening as he levied hefty taxes on China but also its two neighbors – Canada and Mexico. Given the fact that his actions came during the weekend when only one financial market was open for trading, it was expected that this particular market would face the music. Bitcoin Slumps During the Weekend Trump’s 25% tariffs on Canada didn’t go unnoticed, and the latter’s Prime Minister, Justin Trudeau,…
Ionic, a money market and a cutting-edge decentralized financial platform, has entered into a strategic collaboration with Ozean, a blockchain for the Real-World Asset (RWA) yield introduced by Clearpool. This cooperation is expected to bring significant improvements to the entire Optimism Superchain ecosystem in terms of capital allocation and growth prospects. 🚀 Ozean Partners with @ionicmoney to Launch OP Superchain Money MarketsThe leading money market for yield-bearing assets on the @Optimism Superchain, Ionic will bring its lending capabilities to Ozean’s upcoming mainnet.With Ionic’s 100K+ users and $100M+ TVL across 10 Layer… pic.twitter.com/oV0zR44jQk — Clearpool (launching Ozean🌊) (@ClearpoolFin) January 14, 2025…
Bitcoin maxi Pierre Rochard has continued his attack on Ripple, this time accusing the fintech company of supporting the creation of CBDCs. In his latest post, Rochard shared evidence of an interaction between prominent crypto figures who discussed Ripple’s removal of information about CBDCs from its website after a particular campaign speech at the Nashville Bitcoin Conference in 2024. Ripple deleted their pro-CBDC page after @realDonaldTrump speech at the Bitcoin Conference in Nashville, where he took a strong stance against CBDCs. pic.twitter.com/7Swh7gTWOC — Pierre Rochard (@BitcoinPierre) February 5, 2025 It’s important to note that this highlighted post is one of…
Leading cryptocurrency exchange Binance has announced the removal of several spot trading pairs as part of routine market quality reviews. Binance to Delisting Select Spot Trading Pairs on February 6, 2025 The delisting is scheduled to take place on February 6, 2025 at 06:00. Spot Trading Pairs Will Be Removed: This decision comes as Binance continues its efforts to protect users and maintain a high-quality trading environment. Factors affecting delisting include poor liquidity, low trading volume, and other market-related metrics identified during Binance’s periodic evaluations. Important Notes for Users: Token Availability Not Affected: The delisting of these trading pairs will…
The cryptocurrency market could see Bitcoin (BTC) price reach an unprecedented milestone of $1 million per coin by 2030, potentially matching gold’s current market capitalization of $19.3 trillion, according to a bold prediction from a prominent tech executive. Daniel Roberts, Founder and CEO of IREN Daniel Roberts, founder and CEO of publicly-listed Wall Street Bitcoin miner IREN (NASDAQ: IREN), argues that Bitcoin’s superior characteristics as a digital store of value, combined with increasing institutional adoption, could drive the cryptocurrency’s value to new heights. “If you consider Bitcoin’s historical price trajectory, I’d be surprised if we’re not at a $1 million…