Author: NBTC

With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention. The Tulip Bubble Myth: Critics Keep Getting Bitcoin All Wrong As bitcoin (BTC) edges closer to the $100,000 milestone, critics are once again labeling it a scam and branding it “a pyramid built atop a pyramid.” Some have even drawn comparisons to the Tulip Mania from…

While Ethereum (ETH) underperformed in 2024 and fell behind Bitcoin, analysts said the situation could change. At this point, Sean Dawson, head of research at DeFi protocol Derive, claimed that the Ethereum price could reach a peak of $12,000 this year. Dawson believes that the excitement surrounding the first year of Donald Trump’s presidency and a major network upgrade called Pectra will be influential in ETH’s rise. Stating that 2025 will be a bullish year for Ethereum, the analyst said that if ETH is successful in the Pectra update, it will reach $ 12,000 by the end of the year…

Two savvy whales have ignited concerns across the wider digital asset landscape on Sunday, selling huge amounts of Uniswap and Chainlink tokens. Data shared by Lookinchian today December 1 shows that a trader with wallet 0x2B4F sold 135,150 UNI tokens (worth $1.71M). Another trader with wallet 0x6049 also sold 363,814 LINK tokens (worth $6.88 million) today in the morning. Will UNI and LINK survive massive whale liquidation? Uniswap and Chainlink prices are currently under intense pressure as prominent whales unload large holdings. Lookonchain revealed a Uniswap whale sold 135.150 UNI tokens (valued at $1.71 million) for a profit of $1.15…

Bitcoin advocate and Republican Senator from Wyoming, Cynthia Lummis, recently met with the Trump administration’s newly nominated SEC Chair, Paul Atkins. The objective of the meeting was reportedly to discuss crypto law reforms. In a post on X, Lummis shared details of her meeting with Atkins. She shared that purpose of the meeting was “to discuss digital asset legislation and rule reforms”, even hinting at potential changes in the future. She even joked about putting the SEC on an “Atkins diet.” I enjoyed meeting with Paul Atkins, the @SECGov Chair nominee. We discussed digital asset legislation & reforming the rulemaking…

ZenChain has announced a strategic partnership with Carbon Browser to make Web3 services more accessible to global users. ZenChain is a decentralized protocol designed to offer smooth cross-chain interoperability across various protocol networks and connect users with dApps in the Web3 world. It leverages Ethereum’s programmability and Bitcoin’s strong security to offer extraordinary high processing speed and intelligent development of dApps on multiple blockchains. On the other hand, Carbon Browser is a decentralized Web3 browser, providing users with an integrated multi-chain wallet and comprehensive privacy. It resolves three key challenges that browsers experience today. These include a lack of decentralization…

A banana duct-taped to a wall sold for $6.2 million. That’s right. Six million dollars for fruit that’ll rot in a week unless you freeze it. But this wasn’t about the banana; it was about what it represented: absurd wealth, clout, and the audacity to spend on something completely useless. The banana is now in the same league as Bitcoin, a digital currency critics love to call “worthless,” yet is hurtling toward $100,000 in value. Both are perfect examples of what Thorstein Veblen, a 19th-century sociologist, called “conspicuous consumption.” Conspicuous consumption isn’t about utility. It’s about spending a ridiculous amount…

Ethereum’s attempt to surpass the $4K crucial mark failed, leading to a sharp rejection and raising concerns about sellers’ dominance in the market. Fear is mounting, with expectations of a potential sell-off in the coming days if key support levels fail to hold. Technical Analysis By Shayan The Daily Chart Ethereum recently experienced a spike, targeting the crucial $4K resistance. However, substantial selling pressure at the Fair Value Gap between $3.7K-$3.8K caused a firm rejection. It has left ETH approaching its previous swing low at $3.3K. A daily candle close below this level could signal further bearish momentum. Nevertheless, in…

The Federal Reserve is definitely pumping the brakes on rate cuts, and they’re blaming uncertainty surrounding President Donald Trump. Minutes from the Fed’s December meeting dropped today, showing us a room full of officials who are uneasy about inflation and scratching their heads over what Trump’s policies on trade and immigration might mean for the economy. His name wasn’t directly mentioned—because, of course—but his incoming administration’s moves are all over the discussion. The Fed has been walking a tightrope since inflation started throwing tantrums. While recent data shows some signs of cooling, it’s not enough to make anyone at the…

XRP price is back in action, recently after hitting $2 it surpassed USDT to become the third-largest cryptocurrency by market cap flipping Tether and Solana. This marks a major milestone, bringing XRP back to where it was before Ripple’s legal battle with the SEC. Fox Business journalist Eleanor Terrett recently highlighted XRP’s challenges, noting it was once the second-largest cryptocurrency before the SEC’s 2018 Hinman speech. The speech classified Bitcoin and Ethereum as non-securities, causing XRP to lose its position to Ethereum by November 2018 due to regulatory uncertainty. Documents from the Ripple case, known as the “Hinman emails,” revealed…

HashKey, a prominent digital asset trading company, has announced its collaboration with Asteroid, welcoming it as a security partner. The partnership aims to improve HashKey Chain’s security infrastructure and revolutionize real-world asset (RWA) tokenization. The platform disclosed this development on its official social media account. 🤝 Big news! @Asteroid_AU is now the official security partner of HashKeyChain!💫Asteroid X, revolutionizing mining and energy through RWA tokenization. Based in Western Australia, integrate blockchain technology with traditional finance to create a compliant, transparent, and… pic.twitter.com/48yTMV50Ns — HashKey HSK (@HashKeyHSK) January 8, 2025 HashKey Joins Forces with Asteroid to Advance RWA Tokenization and Seamless…