Author: NBTC
The co-founder and head of research at Fundstrat Global Advisors says Bitcoin (BTC) needs to crash out a bit harder before bouncing back in a big way. In a new interview with CNBC, Tom Lee makes his case for why he thinks BTC will be a top-performing asset this year after it falls a bit further. “Bitcoin is down roughly 15% from its highs, which for a hyper-volatile asset is a normal correction and follows global liquidity trends. We are early in the halving cycle.” According to Lee, Fundstrat’s crypto technicians think the crypto king may drop another $20,000 in…
Wall Street is still betting on interest rate cuts by the Federal Reserve this year, even as inflation persists and fiscal policy remains a guessing game under Mr.President Donald Trump. A Jan. 28 CNBC survey showed that 65% of respondents believe the Fed will lower rates twice in 2025, aligning with the central bank’s own forecasts and market expectations. But confidence has slipped. The number is down from 78% in the last survey. The fed funds rate, which is the Fed’s primary tool for influencing borrowing costs, is now expected to end 2025 at 3.96%, 12 basis points higher than…
Charles Hoskinson, the founder of Cardano, has outlined some of the key themes for the project in his recent social media post. Bringing Bitcoin decentralized finance (DeFi) to Cardano will be one of the key themes. Cardano will also focus on scalability with Ouroboros Leios, a new Ouroboros family variant that is capable of substantially increasing throughput. Leios could potentially help Cardano to challenge such formidable competitors as Solana. Furthermore, Cardano is focused on “a peninsula” instead of an island. This means that developers will be working on a slew of integrations. Hoskinson has stated that he has already booked…
Stuart Alderoty, Ripple’s Chief Legal Officer, has expressed optimism that the future leadership of the U.S. Securities and Exchange Commission (SEC) could shift the trajectory of the company’s ongoing legal battle. Specifically, he hopes that Paul Atkins, nominated by Donald Trump to lead the SEC, might take a more lenient stance towards crypto companies, possibly dismissing enforcement actions based solely on registration issues rather than fraud. In a January 28 discussion for XRP Community Day 2025, Alderoty acknowledged the SEC’s bureaucratic nature and expressed his hope that under Atkins, the commission might focus on fraud-related cases. “Litigation, regulation by enforcement,…
Bybit plans to expand on-chain assets, upgrade wallets, and integrate with blockchain ecosystems like Atom, Ada, Babylon, Sei, and Monad in 2025. Bybit is optimizing trading tools, enhancing market liquidity, and focusing on a user-centric approach with AI-driven solutions like TradeGPT. Bybit, one of the world’s major cryptocurrency exchanges, has detailed its strategic plans until 2025. Ben Zhou, the CEO bybit, underlined that the company will grow its on-chain ecosystem, upgrade infrastructure, and strengthen ties to different blockchain initiatives. Not only that but Bybit also wants to maximize trading instruments and boost market liquidity. Bybit CEO BEN said that in…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. After two years of development, five independent audits and a rigorous code competition, Symbiotic officially launched on Ethereum mainnet yesterday. As the first feature-complete shared security protocol with slashing, Symbiotic provides an immutable, decentralized framework that eliminates single points of failure and external risks for networks looking to secure their ecosystems. “The logic behind Symbiotic was quite simple,” one of its co-founders, Misha Putiatin, explained on The Edge podcast. “How do we do this protocol in a way that has the least amount of drawbacks?” The result…
Cryptocurrency analytics firm Alphractal has revealed that Bitcoin miners moved the highest dollar value in history between November 8 and December 31, 2024. This unprecedented activity, largely characterized by significant outflows, has contributed to increasing selling pressure in the Bitcoin market as miners’ reserves continue to dwindle. This trend is due to increased competition in the mining industry. Bitcoin’s hash rate (a measure of computing power used to secure the network) has reached all-time highs, increasing operational costs for miners. To cover these increased costs and maintain profitability within tighter margins, many miners have resorted to liquidating their Bitcoin holdings.…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A new survey weighing industry leader sentiment shows an optimistic outlook for crypto — with a dose of skepticism too. It includes opinions from some 230 executives gathering at the CfC St. Moritz 2025 conference. Among them are the CEOs of Binance and Ripple, chair of the CFTC, and executives at TradFi giants like BlackRock, Fidelity and Franklin Templeton. The biggest opportunities are going to be in the US, 61% of survey respondents agree — followed by the APAC region, then Middle East and Asia. That…
Silently emerging from South Korea’s active crypto market, a single XRP transfer has attracted much attention today. Whale Alert flagged a movement of 30 million XRP — valued at $95.52 million — originating from Upbit, the country’s leading cryptocurrency exchange. The funds left a wallet labelled “rDxJNb” and arrived at an unrecognized address, “r325zs5Z.” Unusual? Not really, we saw similar transfers in previous weeks too, although they are rarely ignored, because of the scale alone. While some speculate that this could indicate accumulation by a large investor, others lean toward the possibility of an internal operation by the exchange itself.…
The crypto political action committee that stunned U.S. politics last year, Fairshake, successfully weighed in again in a pair of Florida special elections to replace Republican members of Congress, likely adding to its list of lawmakers who have the industry to thank for campaign support. A primary election closed Tuesday night, giving pro-crypto candidates supported by $700,000 in Fairshake money overwhelming victories in both seats. Florida’s 1st District vacated by former Representative Matt Gaetz and 6th District vacated by former Representative Mike Waltz are both staunchly Republican, meaning the primary winners — Jimmy Patronis in the 1st and Randy Fine…