Author: NBTC

Spot Bitcoin exchange-traded funds experienced a sharp drop in inflows on Jan. 7 as Bitcoin fell 5%, driven by rising expectations of a more hawkish approach from the Federal Reserve. Bitcoin, the world’s largest cryptocurrency, surged past $102,000 yesterday, sparking renewed optimism among investors anticipating a market rally ahead of President-elect Donald Trump’s upcoming inauguration. However, the gains were short-lived as Bitcoin dropped by 5.7% within 24 hours, weighed down by rising U.S. bond yields and investor caution ahead of key economic updates, including the Federal Reserve’s meeting minutes and nonfarm payroll data. The increase in bond yields has fueled…

Ethereum’s price continues its downward trajectory, losing 10% in the past week. With key support levels weakening, analysts are increasingly concerned about a potential drop to $1,200. Meanwhile, Ethereum’s dominance in the blockchain ecosystem faces growing threats from competitors like Solana and the ongoing migration to layer-2 solutions. Ethereum’s price has been trapped in a bearish cycle since failing to break the $4,000 resistance. It has steadily declined, breaching several support levels, including the critical 200-day moving average at $3,000. While ETH recently found support at $2,200 and attempted a rebound, it remains vulnerable as long as it trades below…

Circle CEO Jeremy Allaire believes that the US government should adopt programmable digital dollars (stablecoins) and smart contracts. He shared his views on X after business tycoon Elon Musk accused career Treasury officials of approving fraudulent payments or payments that do not comply with the funding laws passed by Congress. Circe CEO Pitches Stablecoins for US Treasury Funds’ Transparency Elon Musk, who also heads the Department of Government Efficiency (DOGE), made allegations about discrepancies among Treasury officials in handling government funds, sparking widespread discussion among netizens. As a result, renowned X journalist Mario Nawfal weighed in, suggesting that the Treasury…

HeyAnon has launched Automate, a typescript framework designed to foster developer engagement and support a thriving, open ecosystem in partnership with IOTA EVM. AUTOMATE enhances the reliability of complex DeFi operations by leveraging schema-based, deterministic logic to eliminate guesswork and prevent errors in on-chain transactions. HeyAnon, an innovative AI-powered DeFi protocol designed to simplify Decentralized Finance (DeFi) interactions, has announced the release of AUTOMATE, a TypeScript framework for DeFi protocols. In an announcement on X, the team revealed that AUTOMATE aims to act as a blockchain abstraction layer, seamlessly bridging DeFi and Artificial intelligence (AI). 1/ We’re thrilled to announce…

Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, has warned that the biggest stock market crash in history is imminent. He predicts that expensive assets like houses, gold, silver, and Bitcoin will soon go on sale. Kiyosaki’s statements come as the cryptocurrency market faces sharp corrections, attributed to a decline in US stocks like Nvidia and Tesla. Robert Kiyosaki Anticipates Bitcoin Sell-Off Kiyosaki took to social media to reiterate his long-standing predictions, attributing the looming crash to decisions made during the 2008 financial crisis. He claimed that leaders like former Federal Reserve Chairman Ben Bernanke prioritized bailing…

Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum. According to technical analysis by Ted Pillows, Ethereum has printed a capitulation candle in early 2025, just as it did in the first quarter of 2024 and the third quarter of 2023. Capitulation Candles And Ethereum Historical Patterns TedPillows’ analysis highlights that the Ethereum price has undergone three major…

President Donald Trump has been courting the cryptocurrency industry and community through much of his campaign and has been engaged with digital assets both directly and indirectly in recent months. Perhaps his most overt action pertaining to cryptocurrencies came around the inauguration day – January 20 – when he personally, along with several members of the Trump family, launched a series of thematic meme coins. Though others – perhaps most notably the Official Melania meme (MELANIA) – rapidly gained market cap after the launch, the OFFICIAL TRUMP (TRUMP) was the biggest winner of the event. Despite such actions and despite…

Vanar Chain, a prominent blockchain, has recently announced its new collaboration with Propchain, an innovative platform leveraging AI and blockchain technologies to transform real estate finance. The partnership focuses on redefining the overall sector of real estate finance with the integration of blockchain and AI technologies. The platform disclosed this development on its official social media account. 📢 NEW ADOPTION ALERT! 📢We’re excited to welcome @PropChainGlobal to the Vanar ecosystem! 🏡🚀Propchain is transforming the $11 trillion real estate finance industry by integrating blockchain and AI to streamline transactions, lower costs, and bring real-world assets (RWA)… pic.twitter.com/AAEMnmdev6 — Vanar (@Vanarchain) February…

American stockbroker and crypto critic Peter Schiff has predicted another bearish turn for Bitcoin (BTC) and its largest corporate holder, MicroStrategy. He also took aim at the leverage strategy employed by the business intelligence company to purchase more Bitcoin in recent months. In a post on X (formerly Twitter), Schiff claimed the Trump administration would not adopt Bitcoin as a reserve asset. He suggested this confirmation would drive Bitcoin holders to sell, which could negatively affect MicroStrategy. Michael Saylor’s Bitcoin Strategy Under Fire Schiff believes MicroStrategy and its CEO, Michael Saylor, would accelerate leveraged Bitcoin purchases to prevent a crash.…

The Ethereum ecosystem is continuously evolving. The latest milestone in its development is the Pectra upgrade. Set for March 2025, the Pectra upgrade merges the Prague and Electra upgrades, which were originally planned as separate updates but were combined for better integration and to enhance scalability, efficiency, and usability. The Pectra Upgrade introduces account abstraction for flexible gas payments, enhancements to smart contracts, improved staking options, and technical upgrades like Verkle trees and PeerDAS to optimize data management and layer-2 support. We will explain all of these concepts below. What Is the Ethereum Pectra upgrade? The Ethereum Pectra upgrade enhances…