Author: NBTC
This is a segment from the Empire newsletter. To read full editions, subscribe. ETH’s not having a good time. And it didn’t just start with this weekend’s selloff. We’ve got “wartime” Vitalik Buterin, criticisms of the Ethereum Foundation, not to mention price action (it’s down 10% over the past week). On the positive side, at least Eric Trump still seems bullish and — in a now-edited post on X — initially encouraged folks to buy ETH, adding “you can thank me later.” But I’m not sure that’s the type of support anybody wants right now. There’s a lot of discussion…
Smart wallets on Solana are securing massive profits by specializing in specific crypto sectors. One wallet focuses on newly launched tokens, accumulating $3.3 million in realized profit with trades like TRUMP and SOT. Another dominates gaming tokens, boasting $4.3 million in PnL (Profit and Loss), with massive returns on ZAILGO and BARSIK. Meanwhile, another smart wallet specializes in AI coins, approaching $1 million in realized profits, including a 28,876% gain on CATG and strong holdings in WAIFU. Solana New Tokens Specialist With More Than $3 Million In Realized Profits A Solana smart wallet address, 3xqUaVuAWsppb8yaSPJ2hvdvfjteMq2EbdCc3CLguaTE, has accumulated a realized profit…
Fetch.ai and Zus Network have partnered to optimize the Hot Plus storage solution, aiming for improved performance, efficiency, cost savings, and documentation. Through the partnership, Zus will allow Fetch developers to deploy and store their AI Agents, offering storage drives for each customer to manage unique models and training datasets. Fetch.ai (FET), a Cambridge-headquartered leader in AI agent innovation, is driving the future of intelligent systems. In a collaboration announced on January 14, the company has partnered with Zus, a decentralized storage network tailored to meet AI-specific demands. For context, the Fetch.ai ecosystem is built on four interconnected components and…
With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. Analyzing Bitcoin Long-Term Holder (LTH) Supply While Bitcoin’s halving, rising institutional interest, and the introduction of spot BTC ETFs in the US have amplified discussions of constrained supply, detailed data suggests otherwise, according to a report by CEX.IO, shared with CryptoPotato. The combination of long-term holder (LTH) activity,…
BlackRock made a major move by purchasing $276.16 million worth of Ethereum on Feb.4. The asset management giant BlackRock acquired approximately $276.16 million worth of Ethereum (ETH) on Feb. 4, as reported by Crypto Rover on X. 💥BREAKING: BlackRock bought $276.16 MILLION worth of #Ethereum yesterday.THIS IS MASSIVE!😱 pic.twitter.com/jyQ7p9dqVX — Crypto Rover (@rovercrc) February 5, 2025 This acquisition is part of BlackRock’s continued expansion of its Ethereum holdings in recent weeks. On Jan. 31, the firm purchased 24,529 ETH worth $83.24 million, followed by another 17,261 ETH worth $56.65 million on Feb. 1, bringing its total two-day acquisition to 41,790…
XRP is up 15% in the last 24 hours, reaching a price not held since 2018 as trading volumes and meme coin prices on the XRP Ledger both surge higher. The Ripple-linked XRP has significantly outperformed other major crypto assets in the last week, gaining by 28% in that time and rising to the third overall cryptocurrency ranked by market cap. It rose as high as $2.99, a seven-year high for the coin, though it has since dipped to $2.95. The move comes amid rising optimism about the approval of XRP ETFs, which could collectively pull in “billions” of dollars…
In a major move that has gained the attention of the crypto community, 19,037 ETH (worth over $53 million at current prices) has recently exited major crypto exchange Coinbase to a brand new Ethereum wallet. According to the blockchain data tracker Whale Alert, “19,037 ETH worth $53,538,431 transferred from Coinbase to an unknown new wallet.” 🚨 🚨 🚨 19,037 #ETH (53,538,431 USD) transferred from #Coinbase to unknown new wallethttps://t.co/ntwfu2ibNY — Whale Alert (@whale_alert) February 5, 2025 Bearing in mind that withdrawals from exchanges might reveal buying while deposits refer to selling, a whale or large holder might be accumulating ETH.…
U.S. President Donald Trump has reportedly amassed $802 million in digital assets since launching the TRUMP memecoin. Trump Team Holds Billions in Memecoins U.S. President Donald Trump has amassed digital assets valued at $802 million since launching the TRUMP memecoin over two weeks ago, according to Conor Grogan, a director at Coinbase. More than half of these assets, totaling $482 million and consisting of USDC, SOL, and the memecoin, have been transferred to exchanges, he said. In a Feb. 3 post on X, Grogan revealed that Trump’s team holds $240 million in USDC stablecoins in out-of-range liquidity, with an additional…
Nexo, a prominent digital assets platform, has unveiled its ambitious 2025 roadmap after a successful 2024, as learned by Finbold on Wednesday, January 15. The new roadmap emphasizes global expansion, AI-driven innovation, brand sponsorships, and traditional finance integration, which will secure Nexo’s status as a leading digital wealth platform. Beyond 2024 In 2024, Nexo achieved several major milestones, such as processing $1.5 billion in crypto loans, awarding over $250 million in interest to NEXO Token holders, and distributing more than $21 million in exchange cashback rewards. Furthermore, 2024 saw a 96% rise in Nexo Card adoption. Nexo’s 2025 roadmap aims…
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is poised for a massive upside rally. It has recently formed a bullish price action pattern on a monthly time frame. A crypto expert posted on X (formerly Twitter), sharing an ETH chart and highlighting how it mirrors Bitcoin’s (BTC) chart before its explosive 2024 surge. Ethereum (ETH) Mega Breakout In a post on X, the expert noted, “ETH’s current market structure looks strikingly similar to Bitcoin’s setup before its previous cycle’s major breakout.” Additionally, he stated that if the pattern holds, a big move could be on the horizon. Time…