Author: NBTC
Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has issued a bold prediction: hundreds of companies will buy Bitcoin as a treasury asset over the next 12 to 18 months. The shift, which Hougan describes as an “overlooked megatrend,” has the potential to significantly influence Bitcoin’s market trajectory. MicroStrategy: The Torchbearer of Corporate Bitcoin Adoption MicroStrategy, led by Michael Saylor, has become synonymous with corporate Bitcoin adoption. Though ranked only 220th globally by market capitalization, the company’s influence on the Bitcoin market is disproportionate. In 2024 alone, MicroStrategy acquired 257,000 BTC—exceeding the total Bitcoin mined that year (218,829 BTC). The…
Jupiter, a leading decentralized finance (DeFi) protocol on Solana, has announced the details of its much-anticipated Jupuary airdrop. According to a statement shared on X, the claim process for the airdrop, which includes $575 million worth of JUP tokens, will go live on Wednesday at 3:30 PM UTC. Jupiter Airdrop Claim Details To celebrate the launch, contributors Kash Dhanda and Mei will host a special J.U.P Rally, welcoming participants to the “Jupiverse.” The project’s team highlighted that participants will have three months to claim their tokens, allowing flexibility to avoid network congestion or high gas fees. Important guidelines include: “Quick…
Oklahoma joins Texas, Pennsylvania, Ohio, New Hampshire and North Dakota in having Bitcoin reserve proposals. State savings accounts and pension funds will have the nod to invest in BTC if the bill passes. Oklahoma is the latest US state to eye a strategic Bitcoin reserve after Rep. Cody Maynard officially introduced a ‘Strategic Bitcoin Reserve Act.’ On Wednesday, January 15, 2025, Rep. Cody Maynard, announced the introduction of the groundbreaking proposal that could see Oklahoma embrace sound money with addition of BTC to state’s strategic reserve. “Bitcoin represents freedom from bureaucrats printing away our purchasing power,” Maynard said. “As a…
With the market recording more than $630 million in crypto liquidations in the past 24 hours, securing profits and cutting losses remains the goal for market whales. This became evident with a recent Dogecoin (DOGE) transfer to Binance, sparking sell-off concerns. Dogecoin to Binance: Are whales selling? The market has witnessed massive DOGE whale movements in the past few weeks. The latest, as spotted by Whale Alert, features 400,000,000 DOGE, valued at $137,793,702 when the transfer was made. This massive DOGE came from an anonymous whale; the move has inspired multiple interpretations. 🚨 🚨 🚨 🚨 🚨 🚨 400,000,000 #DOGE…
Bitcoin’s rise to $97,044 was driven by an economic report showing slower price growth in the U.S. economy. Lower rates raises speculation that the Federal Reserve could adopt a less aggressive approach in its future policies. Discussions grow around Bitcoin’s chance to reshape world monetary systems and its role in economic formation. Bitcoin rose 4.5% to $97,044 after U.S. economic data showed inflation slowing, boosting confidence in riskier assets like cryptocurrencies. December’s producer cost index grew by 0.2%, which was much lower than the expected 0.4%, signaling reduced pressures. The US is technically bankcrupt. Two option: Go bankcrupt and stop…
According to crypto onchain data, a crypto whale on the Solana network purchased $26 million worth of Official Trump (TRUMP) tokens at an average price of $23.81. Currently, this crypto whale has made a total profit of $8.2 million. However, there is a problem. Because the same crypto whale also bought the MELANIA memecoin launched by US President Donald Trump. The whale, who paid $ 22 million for his investment in total, completed his purchase at an average of $ 10.5 and according to the data at the time of writing, MELANIA lost $ 10 million in total from the…
Key Takeaways Rosseti Group is exploring cryptocurrency mining opportunities at underutilized power centers. The company aims to coordinate mining infrastructure deployment and increase revenue and tax payments. Rosseti, Russia’s largest power grid operator, is exploring crypto mining operations at its underutilized power centers and aims to become a coordinator for mining infrastructure deployment across the country, according to state news agency TASS. “The Rosseti Group is the largest grid company in Russia and can act as an operator for coordinating the placement of mining infrastructure,” the company told TASS. The state-owned energy provider sees crypto mining as an opportunity to…
In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network consensus, Bitcoin’s value is predicated on computational power. If there is a technology that can circumvent the traditional binary system of 0s and 1s for units of information, there is potential to upend cryptography as we know it. But is that danger over exaggerated? Could quantum computing one day turn Bitcoin into a valueless piece of code? Let’s start by understanding why Bitcoin relies on cryptography. Bitcoin’s Bits and Hashing When we say that…
After an eventful 2024 marked by the successful release of the IOTA Explorer, Wallet, and TypeScript SDK, the IOTA team has shared some notable updates on its X account. The year 2025 is shaping up to be a busy one for IOTA, highlighted by the launch of the Builder Server on Discord and the voting process for the IOTA Growth Initiative. The IOTA team has begun 2025 with a series of exciting updates shared in a detailed thread on their X account. These include the latest quarterly update, the launch of the new IOTA Builder Server on Discord, and the…
The price of Bitcoin, the leading cryptocurrency by market capitalization, briefly managed to reclaim the $100,000 level on the Bitstamp level earlier today. The cryptocurrency reached an intraday high of $100,510 after spiking by more than 2% on Wednesday. The rally comes after a Reuters report stating that the SEC will start overhauling its crypto policies immediately following the imminent departure of SEC Chair Gary Gensler. Bitcoin also got a boost after December’s core inflation readings, which exclude food and energy, ended up being better than initially expected. This revived traders’ hopes of the U.S. Federal Reserve implementing several rate…