Author: NBTC
Allbridge, a top player driving blockchain interoperability, has integrated with Sui, a prominent L1 blockchain. The integration focuses on offering seamless transfers and expanding the Allbridge ecosystem. With this, Sui has become the 12th chain backed by Allbridge. The development signifies a noteworthy move for the platform. It leads toward cutting-edge cross-chain functionalities, delivering developer-centric and user-friendly ecosystem. The integration also unveils a latest $USDC route that the Cross-Chain Transfer Protocol of Circle drives. It denotes a unique solution that enables matchless asset transactions across diverse blockchain networks. 🚀 We are thrilled to announce our integration with @SuiNetwork!🔗 This integration…
Spot Bitcoin (BTC) exchange-traded funds (ETF) IBIT and FBTC are among the top 20 by flows in 2024, amassing $49 billion and representing 4.3% of total flows, as highlighted by Bloomberg ETF analyst Eric Balchunas. BlackRock’s IBIT registered the third-largest inflow last year, with over $37 billion in capital flowing to the US-traded Bitcoin ETF. Additionally, IBIT’s assets under management (AUM) total roughly $52 billion, besting other ETFs among the top 20. IBIT was bested by two other giant traditional ETFs tied to the S&P 500. The iShares Core S&P 500 ETF (IVV) registered nearly $87 billion in flows, over…
Ethereum price is moving lower from the $2,800 zone. ETH might gain bearish momentum if it dips below the $2,650 support zone. Ethereum started a fresh decline below the $2,720 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,720. Ethereum Price Dips Again Ethereum price attempted a fresh increase above the $2,650 level, like Bitcoin. ETH broke…
In the fourth quarter of 2024, the number of VC investments in the crypto sector dropped significantly, but volumes increased. This in fact indicates that investors are becoming more selective in the allocation of their funds, but also that they are significantly optimistic about the future. VC investments in crypto in 2024 VC crypto: the improvement of the quality of investments The rebound of the dato The most sought-after sectors The greater maturity VC investments in crypto in 2024 These data were published in the report Crypto VC Trends from last week, drafted by PitchBook. The report presents the data…
President Donald Trump’s administration may be pivoting away from the idea of a formal crypto council in favor of a series of informal summits involving a rotating bench of crypto industry leaders, Unchained Crypto reported on Feb. 13. According to three sources familiar with the administration’s decision-making process, these summits would focus on specific policy issues, potentially covering banking, payments, data centers, and Bitcoin (BTC) mining. While the number and timing of these summits remain unclear, two sources confirmed that trade associations have been actively providing input on the structure and agenda of these discussions. A tribal market The move…
The Multiple Network integrates with the AIA Chain, zAI-blockchain. The partnership is for enhancing blockchain transaction speed, efficiency, and security by integrating artificial intelligence-generated privacy solutions into the AIA Chain Fast and Ethereum Virtual Machine (EVM) integrated blockchain. 🚀 Strategic Partnership: Multiple Network x AIA Chain 🔥We are excited to announce our strategic partnership with AIA Chain (@AIA_Labs @AIAChain)!🌍 AIA: High-Performance EVM-Compatible Blockchain for Global Financial PaymentsAIA is designed for fast, scalable financial… pic.twitter.com/FeMVWEFlpx — Multiple Network (@MTP_Network) February 14, 2025 Given that AIA Chain can process over 100,000 TPS, this collaboration with Multiple Network, the company specializing in AI-powered…
An analyst from H.C. Wainwright & Co., one of America’s most established financial institutions, anticipates an exhilarating year for bitcoin, driven by clearer regulations and enhanced institutional involvement. H.C. Wainwright’s Mike Colonnese Predicts Bitcoin to Hit $225K On Jan. 2, a CNBC report highlighted insights from H.C. Wainwright & Co., a Boston-based investment bank, indicating that bitcoin (BTC) could see a significant rise under optimal conditions. Analyst Mike Colonnese shared with CNBC reporter Tanaya Macheel that the price might climb to $225,000. His perspective was among a wave of bitcoin price predictions that surfaced after the 2024 U.S. presidential election,…
With Bitcoin balancing its price trend near the $96,000 mark, Ethereum is gradually picking up pace. With an intraday recovery of 1.97%, Ethereum has bounced back above the $2,700 level. Currently, the ETH token trades at a market price of $2,715, creating a bullish engulfing candle to undermine the weekend pullback. As the bounce-off in Ethereum price gains momentum, is the $3,000 milestone the next stop? Ethereum Price Trend: Reversal in Motion? In the daily chart, the Ethereum price trend showcases an intense pullback rally in motion. This started with the double-top reversal at the $4,000 psychological mark. Starting a…
H.C. Wainwright analysts have raised their price target for Coinbase to $350 following a strong fourth-quarter earnings report, citing the company’s market share gains and bullish management outlook. Coinbase reported $2.27 billion in revenue for Q4 2024, marking an 88% increase quarter-over-quarter and a 138% rise year-over-year. The results exceeded Wall Street estimates of approximately $1.8 billion, according to an analyst note shared with crypto.news. CEO Brian Armstrong described the current market environment as “a golden age for crypto,” emphasizing that increased regulatory clarity post-election has been a key driver of industry growth. Trading volumes surged 132% quarter-over-quarter to $439…
Token unlocks are a vital phase of a cryptocurrency project where previously frozen tokens or tokens that have been vested become available for trading. There is a lot of activity that is expected to happen this week, and nine projects will release over $250 million worth of tokens. Now, let’s look into the specifics of these unlocks and how these could be useful in the markets. ⚡️ Upcoming Token UnlocksDuring this week, @Aptos, @MovementLabsxyz, @Jito_sol, @dfinity, and @Neon_EVM will have the biggest unlocks.#Jito – $35.2 M#Neon – $20.9 M#Ethena – $15.5 M#Movement – $53.2 M#StepN – $14.2 M#ICP – $29.9…