Author: NBTC
Bitcoin miner Riot Platforms (RIOT) finds itself a target of a second activist investor, with Reuters reporting investment management giant D.E. Shaw as having taken an unspecified stake. The move by D.E. Shaw, which manages $70 billion in assets, comes just weeks after another activist investor, Starboard Value (roughly $9 billion in AUM), took a position in Riot. At the time of Starboard’s investment, the WSJ reported the investor as pushing Riot to convert some of its bitcoin mining sites into data centers that could host machines to enable high-performance computing (HPC) for big tech companies. Reuters didn’t specify if…
As blockchain technology continues its surge to mainstream acceptance, a new report predicts a market capitalization spike for the Blockchain-as-a-Service market to new highs. According to the report by Stellar Market Research, the sector is expected to reach a market capitalization of $71.3 billion before the end of 2030. Currently valued at around the $8 billion mark, the report projects a compound annual growth rate of 37% before the end of the decade. Blockchain-as-a-Service (BaaS) are cloud-based solutions designed to smoothen the curve for enterprises keen on integrating blockchain into their existing operations. These tailor-made services allow users to manage…
Two decentralized platforms are extending the earnings from Binance Launchpool with their own wrapped versions of BNB Coin. Pendle and ListaDAO offer access to passive income from the program, even for external users with no Binance profile. Binance Launchpool is one of the long-running passive income incentive programs, tied to BNB users with a Binance Web3 wallet. The program connects token holders with new projects, not yet launched on the Binance platform. The Launchpool has worked as a pre-listing mechanism and even as marketing for tokens coming soon to a full Binance listing and has included multiple prominent assets. Usually,…
Ethereum started 2025 with a rough patch, dropping by 4.21%, while Bitcoin surged nearly 10%—raising questions about a bullish February comeback. However, crypto experts are keeping a close eye on Ethereum’s next move, noting past trends that suggest a potential rebound. https://twitter.com/crypto_rand/status/1884176644048576785 One analyst compared the current ETH market to Q4 2020, when a similar rejection initially failed to push ETH past a key resistance level. But once ETH broke through $400, it rallied 150% in just two months. Today, Ethereum is facing a similar scenario with the $4,000 resistance acting as a psychological barrier. Market watchers believe that if…
The BNB Chain team has launched MEME Solution, a platform created to offer developers full support for launching meme coins. This new initiative simplifies the process, making it easier for developers to bring their meme coin projects to life. What Is MEME Solution MEME Solution simplifies meme coin creation, addressing the growing demand sparked by the meme coin boom of early 2024. These tokens have become a cultural phenomenon, blending decentralized finance (DeFi) with viral marketing to attract global attention. Memecoins are known for uniting communities and driving interest in blockchain projects. Notable examples like TRUMP and MELANIA tokens achieved…
The news got buried in part due to Trump’s inauguration and subsequent rumblings of a Strategic Bitcoin Reserve (SBR), but developer b10c recently published research showing that F2Pool — a mining pool representing ~11% of hash power on the Bitcoin network — is censoring OFAC-sanctioned transactions… again. In case you don’t know what this means: the US Department of the Treasury’s Office of Foreign Asset Control (OFAC) maintains a list of sanctioned entities, including a number of Bitcoin addresses; it’s illegal to do business with these entities under US law. It’s actually unclear if this means miners cannot include transactions…
The AI field is changing rapidly, with projects like DeepSeek and MyShell pushing limits. MyShell has swiftly integrated DeepSeek R1, an open-source, cost-effective language model, within four hours, showing its commitment to innovation. Notably, YZi Labs has a substantial shae in the MyShell project. DeepSeek R1 introduces advanced reasoning capabilities at a fraction of traditional costs, using novel training methods and efficient architecture. As a result, it empowers businesses and researchers to leverage powerful AI without needing extensive resources. DeepSeek V3 further elevates this initiative by enabling decentralized, collaborative AI training with strong privacy measures. Good to see BNB Chain…
The Total Value Locked on Avalanche blockchain passed $1.74 billion, marking a major network advancement. The industry momentum of decentralized finance (DeFi) further verifies the Avalanche network’s expanding authority. TOP 10 #TVL ON #AVALANCHE $AAVE $QI $JOE $GMX #BUIDL $GGP $PHAR $YAK #FranklinTempleton $NOTE pic.twitter.com/UpaaJqmOzT — PHOENIX – Crypto News & Analytics (@pnxgrp) January 29, 2025 Total Value Locked (TVL) represents a crucial metric which demonstrates both DeFi sector growth and adoption levels. The various blockchain ecosystems see several projects, including lending protocols. Decentralized exchanges, derivatives platforms, RWA, and tokenization platforms are drawing billions in investment. Lending Giants: AAVE and…
Closely followed crypto analyst Benjamin Cowen says that one last correction could trigger an Ethereum (ETH) run to new all-time highs in the near future. In a new strategy session, Cowen points out a correlation between the Bank of Japan raising interest rates and ETH capitulation wicks the following month, potentially reacting to macro signals coming from the BOJ. Cowen notes that after nearly eight years of keeping interest rates flat, the BOJ raised them in March and July of 2024 and then again this month. Since the first two rate hikes preceded volatile Ethereum corrections in April and August,…
Shiba Inu and Astra Nova have announced a partnership that aims to revolutionize the Web3 space by combining artificial intelligence (AI), gaming, and community-driven projects. The collaboration combines the strengths of both projects. While Shiba Inu will showcase its expertise in community engagement and decentralization, Astra Nova will showcase its skills in Web3 integration and AI storytelling. As part of the partnership, Shiba Inu and Astra Nova will leverage their collective strengths to support community-driven initiatives while exploring the possibilities of Web3. The partnership will also explore multiple avenues for potential collaboration, particularly those related to AI and blockchain. As…