Author: NBTC
This article is based on research and analysis originally presented by Matt Crosby of Bitcoin Magazine Pro. Bitcoin has made waves in recent weeks, with the bitcoin price surging past $95,000 and currently sitting at $95,187 after months of lackluster performance. For many traders and investors, this shift marks the return of the bull market that’s been long-awaited. The question on everyone’s mind: Can Bitcoin finally break its previous all-time high of $108,000, or is this just another fleeting rally? In this article, we’ll examine the factors driving Bitcoin’s recent momentum, dive into the technical and on-chain data, and discuss…
Although April brought modest gains to the broader crypto economy, data reveals a continued descent in non-fungible token (NFT) sales, which contracted by 39.62% over the past 30 days. Ethereum retained its status as the leading blockchain by NFT sales volume, yet its figures receded by 44.86% compared with the previous month. NFT Sector Pummeled: Ethereum, Polygon, and Bitcoin Post Steep Declines Non-fungible token (NFT) sales continue to erode, with $388.77 million in transactions finalized throughout April—a drop of 39.62% compared with March. Stats from cryptoslam.io show participation dwindled on both ends: buyers fell by 48.46%, while sellers declined by…
Terraform Labs launches claims portal for users who lost money in Terra and Luna collapse. Deadline to file your crypto loss claim is now extended to May 16, 2025. After review, accepted claims will receive payouts based on individual loss, act quickly now. The collapse of Terra USD and Luna coins left countless investors in turmoil. Now, as Terraform Labs winds down its operations after filing for bankruptcy, there’s finally a chance for affected users to get some relief. If you were affected, you can now file a claim to try and get some of your money back. The deadline…
Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of dwindling returns since December as the sector continued its downward earnings trend. April Wrecks Bitcoin Miners Again—Revenue Slides for Fourth Month in a Row Though the dip wasn’t dramatic, it was nonetheless a contraction. In April, bitcoin miners brought in $1.18 billion in total revenue, encompassing both block subsidies and transaction fees, according to data compiled by theblock.co. Of that sum, fees comprised $15.65 million. For comparison, March revenues reached $1.22 billion, placing April’s shortfall at precisely $40…
On Wednesday, the North Carolina House of Representatives is on track to vote on whether money from the state’s public funds could be allocated to buying Bitcoin, a local regional newspaper reports. This also applies to North Carolina’s pension fund, which provides retirement benefits for police officers, teachers, firefighters, and so on. It has a total of $129 billion in assets. The fund has more than a million members, including current employees and retirees. As of now, the fund’s portfolio is mainly comprised of public equity and investment-grade fixed income. It also holds real estate as well as some non-traditional…
Jasmy Corporation, a Tokyo-based leader in blockchain and Internet of Things (IoT) integration, has unveiled its ambitious 2025 roadmap, signaling a transformative year for its decentralized data platform. Focused on empowering individuals to control their data, Jasmy’s roadmap introduces the Jasmy Developer Program, a three-tier token economy, and the Jasmy App platform, alongside technological advancements. With this development, the protocol, dubbed “Japan’s Bitcoin,” remains committed to accelerating the growth of its ecosystem, despite some challenges faced in recent times. Jasmy’s Vision: Democratizing Data in a Connected World Founded in 2016 by former Sony executives, including Kunitake Ando and Kazumasa Sato,…
Bitcoin (BTC) price has powered higher in recent weeks, briefly topping $95,000 per coin. The surge has been steep – roughly a 9% gain in the past seven days – setting the stage for bullish Bitcoin price predictions. In a late-April 2025 report, Standard Chartered’s crypto research team led by Geoff Kendrick now expects Bitcoin to reach about $120,000 in Q2 2025, and as much as $200,000 by the end of the year. These targets were reiterated even as Bitcoin traded around $93,700 at the time, reflecting the bank’s conviction that the recent rally could continue into summer. Source: Standard Chartered…
Tracy Jin from MEXC predicts that $1 billion in stablecoin inflows could boost Bitcoin’s price by 8-10 percent. Bitcoin (BTC) is increasingly benefiting from stablecoin-driven liquidity growth. On Wednesday, April 30, Tracy Jin, COO of crypto exchange MEXC, shared her insights with crypto.news on the growing role of stablecoins in the Bitcoin ecosystem. “Fiat inflows converted into Tether and Circle are steadily flowing into Bitcoin, and that remains the primary driver behind its price growth this year. Right now, every additional billion in stablecoins tends to push Bitcoin up by 8 to 10 percent,” Tracy Jin of MEXC. You might…
Nikhil Joshi, Chief Operating Officer at EMURGO, has taken a bold stance on the growing tokenization trend in the digital asset space. The Cardano insider has cautioned against the blind tokenization of anything and everything, as it does not always enhance liquidity. Cautious approach to RWA tokenization Joshi’s position was prompted by a user’s post on X, seeking his key takeaways from the “Emerging RWA Opportunities in 2025” panel discussion. Joshi stated that he supports a measured, use-case-driven approach to tokenization. He is bullish on tokenized private credits, for instance, as they offer major short-term opportunities in the industry. This…
Bitcoin (BTC) enters May 2025 with renewed momentum, gaining over 14% in the past 30 days and trading just 6.3% below the key $100,000 mark. Behind the price action, Bitcoin’s apparent demand has turned positive for the first time since late February, signaling a shift in on-chain behavior. However, fresh inflows—especially from US-based ETFs—remain subdued compared to 2024 levels, suggesting institutional conviction has yet to fully return. According to MEXC COO Tracy Jin, if current conditions hold, a summer rally toward $150,000 is plausible, with sentiment turning increasingly bullish. Bitcoin Apparent Demand Turns Positive, But Fresh Inflows Still Lacking Bitcoin’s…