Author: NBTC
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…
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…
Sonic is planning a token generation event (TGE) to coincide with its impending mainnet launch. The TGE is taking place today, but the full mainnet launch won’t come until February 10. This news comes from an exclusive press release shared with BeInCrypto. Sonic Creates TGE For Mainnet Launch Sonic, a Solana-based gaming virtual machine (SVM), has been teasing both this TGE and mainnet launch for some time. The company rebranded from Fantom in August and wished to distinguish Sonic with new products. In September, its testnet went live, and the firm repeatedly hyped the full launch in the ensuing months.…
The hopes for a lightning-speed establishment of the Strategic Bitcoin reserve were high. However, it is the stablecoins regulation that becomes a dominant narrative in the high-profile crypto discussions. While the government is working on the legal framework, not everyone in the crypto community understands well how they can capitalize off stablecoins. The U.S. is not going to develop a local CBDC, but the officials are already working on the regulation of the stablecoins pegged to the American dollar. On Feb. 6, 2025, Financial Services Committee Chairman French Hill and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chairman Bryan…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
Arkreen aims to introduce a transition to bring clean energy to Pakistan, launching the first Concentrated Solar Power (CSP) Plant Miner in the country. This initiative is part of the platform’s Community Solar Program, striving to utilize Pakistan’s abundant solar resources. This advancement leverages 9.5 hours of sunlight to adopt resourced energy. This demand consumes over 530 MW of solar capacity which is merged into the grid, expanding its reach. In the sector, it is a remarkable step forward for innovative advancement. We’re excited to announce that our FIRST CSP Plant Miner in Pakistan is coming soon! 🇵🇰 This marks…
Bhutan holds 13029 Bitcoin worth $780 million powered by eco-friendly hydropower mining from early 2023. Bhutan ranks fifth in global government Bitcoin holdings after the United States China and the United Kingdom. Bhutan’s Bitcoin mining strategy contrasts with El Salvador’s approach of using it as a legal tender and reserve. Bhutan is now the fifth largest sovereign Bitcoin holder. Overall, the country has 13,029 BTC worth approximately $780 million. This amount is bigger than El Salvador’s holdings, known for its crypto adoption. FUN FACT: 🇧🇹 Bhutan, the small Himalayan kingdom famed for measuring “Gross National Happiness,” has quietly become the…