Author: NBTC

Bitcoin (BTC) mining stocks tracked by JPMorgan have enjoyed a strong start to the year, with 12 of the 14 companies outperforming the world’s largest cryptocurrency in the first two weeks, the Wall Street bank said in a research report Thursday. The network hashrate has risen 2% month-to-date to an average of 793 exahashes per second (EH/s) and is 51% higher than a year ago, the report said. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain and is a proxy for competition in the industry and mining difficulty. The…

“Trump trade” fuels a 35% Bitcoin surge following pro-crypto government optimism. There’s a talk that Trump Media Plans to Buy cryptocurrency trading platform Bakkt. Speculations about crypto-friendly SEC leadership boost market confidence in Bitcoin. Pioneer cryptocurrency bitcoin price has just hit a new all-time high, reaching an impressive $97,858. This is a major milestone for the world’s most popular cryptocurrency, bringing its market value close to $2 trillion. The rally has been particularly strong in the two weeks following Donald Trump’s victory in the U.S. presidential election, and many are calling it the “Trump trade” because of the positive effect…

Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, seems to be struggling after yesterday’s 8.80% gain. Today, January 17, 2025, ETH has retraced nearly 5% of yesterday’s gains, dropping from $3,450 to the $3,260 level. ETH’s Current Price Momentum Currently, ETH is trading near $3,331 and has experienced a price decline of over 3.15% in the past 24 hours. During the same period, trading activity increased moderately, resulting in a 5.5% increase in trading volume. Crypto Whale Buys $9.5 Million Worth of ETH In the current market conditions, some whales seem to be accumulating ETH and taking advantage of…

13 January 2025 – Tether and its subsidiaries are about to complete all formalities to relocate to El Salvador, following the successful acquisition of a Digital Asset Service Provider (DASP) license and as a stablecoin issuer, marking a step in Tether’s journey to foster global Bitcoin adoption. This strengthens Tether’s position in one of the world’s most forward-thinking markets and fosters the development and implementation of cutting-edge solutions more efficiently in a dynamic environment where innovation thrives. It underscores the company’s dedication to leveraging Bitcoin’s transformative potential as it drives growth in emerging markets. El Salvador is rapidly establishing itself…

Aethir is stepping up to fuel innovation as AI innovation is gaining momentum. It offers exclusive compute resources and comprehensive support for AI builders. Aither aims to provide cutting-edge GPU technology and a $100 million Aethir Ecosystem Fund. It further seeks to empower developers in creating the next generation of AI agents and applications. This initiative is designed to provide the tools and financial backing. Both are necessary to accelerate progress in AI development. 📣 Aethir to provide exclusive compute resources and support to the AI buildersJoin the AI revolution! 🌍 Our GPUs are here to help build the next…

The SEC settles with crypto lender Plutus Lending LLC, operating as Abra The Securities and Exchange Commission has reached a settlement with crypto lender Plutus Lending LLC, which operates under the name Abra. The settlement resolves allegations that Abra violated federal securities laws by failing to register its retail crypto lending product, Abra Earn, and by operating as an unregistered investment company. As part of the agreement, Abra has consented to pay a $1.65 million civil penalty and comply with a permanent injunction imposed by the SEC. Although Abra settled the case without admitting or denying the allegations, the SEC…

Bison strengthens its banking options by adding Germany’s largest bank as a partner to protect customer balances. On Jan. 13, Bison, the crypto trading platform operated by the Boerse Stuttgart Group, revealed that Deutsche Bank has joined as a new banking partner, diversifying its banking relationships and marking the entry of Germany’s largest bank into the role of protecting euro deposits on the platform. Solaris SE, which has been a key partner for some time, will maintain its role alongside Deutsche Bank. @DeutscheBank wird weiterer Banking-Partner von BISON! 🚀Die Deutsche Bank wird im Rahmen der Multi-Banking-Strategie von #BISONApp in die…

Bitmain-backed crypto mining firm BitFuFu has announced plans to expand into North America with the acquisition of a 51-MW Bitcoin mining facility in Oklahoma. Bitcoin (BTC) mining firm BitFuFu has announced plans to buy a majority stake in a mining facility in Oklahoma in a bid to expand its North American operations. In a Jan. 16 press release, the firm said it had signed a letter of intent for the deal, which could close in the first half of 2025. The facility, located in an unpopulated area, has 51 megawatts of power capacity. It runs air-cooled Bitcoin miners and gets…

The price of Bitcoin has hit an all-time high of $97,900, and it is now targeting $100K as Fibonacci levels and on-chain metrics support continued growth. With the crypto market reaching a valuation of $3.15 trillion, Bitcoin has created a new all-time high (ATH), surpassing the $97,000 mark. After three consecutive bullish weeks, Bitcoin’s price has risen by more than 40%, forming a triple white soldier pattern. This surge in bullish sentiment increases the chances of a potential parabolic bull run ahead. Will this uptrend push Bitcoin prices toward the $100,000 mark this November? Let’s explore. Bitcoin Hits $97,900, Bulls…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -3.86% today against the US Dollar ETH/BTC decreased by -3.39% today Ethereum is currently trading 9.50% below our prediction on Jan 21, 2025 Ethereum dropped -14.52% in the last month and is up 31.02% since 1 year ago ETH price is expected…