Author: NBTC

The tokenization of stocks won’t immediately be of immense benefit to the crypto market, but the benefits could increase if such assets are allowed to better integrate on blockchains, says NYDIG. “The benefits to networks these assets reside on, such as Ethereum, are light at first, but increase as their access and interoperability and composability increase,” NYDIG global head of research Greg Cipolaro said in a note on Friday. The initial benefits will be the transaction fees charged for using tokenized assets, and the blockchain hosting them will “enjoy increasing network effects” for storing them, Cipolaro added. Tokenizing real-world assets,…

ETH continues to see liquidity rotation, as smart whales and institutions are making a return. As ETH consolidated over $3,125, whales repositioned with expectations of further improvement. ETH consolidated above $3,000, with recent whale activity showing more bullish sentiment. ETH traded at $3,104.96, after briefly rising closer to $3,200. The ETH fear and greed index is at 51 points, signaling neutrality. The token is now seeking direction, with a potential boost from both spot-buying whales and long positions on derivative markets. ETH predictions include a breakout to a higher range, as the network remains crucial to DeFi and tokenization. ETH…

Have you heard the groundbreaking news? Polymarket funding is making waves in the crypto space with an astonishing $12 billion valuation target. This decentralized prediction market platform is capturing investor attention like never before, signaling a major shift in how we think about forecasting and market intelligence. What Makes Polymarket Funding So Significant? The recent Polymarket funding news represents more than just another crypto raise. This ambitious $12 billion valuation target shows growing confidence in decentralized prediction markets. Previously aiming for $10 billion, the increased target demonstrates rapid market validation. According to Joomer News citing Bloomberg, this Polymarket funding round…

In a move that has captured the cryptocurrency community’s attention, EOS founder Daniel Larimer has executed a significant Daniel Larimer ASTER withdrawal from Binance. According to on-chain data from Onchainlens, Larimer moved 13.44 million ASTER tokens, valued at approximately $12.92 million, from the exchange to a private wallet. This substantial transfer follows a previous investment that resulted in substantial losses, making this latest action particularly noteworthy for market observers. What Does Daniel Larimer’s ASTER Withdrawal Really Mean? The recent Daniel Larimer ASTER withdrawal represents more than just a routine transaction. In cryptocurrency markets, large withdrawals from exchanges typically signal an…

Ethereum sees over $500M net futures flows, recording bullish momentum as price tests key resistance levels. Ethereum (ETH) is currently trading at $3,158, reflecting a 4.2% increase over the past 24 hours. The daily price range for Ethereum has remained between $2,941.77 and $3,171.62, showing a significant upward movement within a narrow price band. Over the last week, Ethereum has gained 11.3%, and its 14-day performance indicates an 11.5% rise. ETH currently boasts a market cap of $381.18 billion and a circulating supply of 120.7 million ETH. As Ethereum continues its upward trajectory, the focus is on its price action…

B. Riley cut its outlook for digital-asset treasury companies (Datcos) after a sell-off that outpaced the declines in bitcoin BTC$91,780.32, ether ETH$3,016.25 and solana SOL$141.55 themselves. The companies’ valuations have compressed meaningfully since October, dragged down by macro pressures that have slowed token accumulation, the report said. Bitcoin-focused treasury companies are down roughly 37%, ETH treasuries 39% and SOL treasuries 59%, compared with drops of 16%, 22% and 28% in the underlying tokens. Analysts Fedor Shabalin and Nick Giles cut their mNAV and accumulation assumptions through 2026 and also lower share price targets across their coverage. BitMine’s (BMNR) price target…

South Korea’s largest cryptocurrency exchange, Upbit, announced plans to increase its cold wallet storage ratio to 99%, following a major security breach last month. The announcement comes as part of a comprehensive security overhaul following hackers’ theft of approximately 44.5 billion won ($31 million) in Solana-based assets on November 27. Upbit Strengthens Security After Second November 27 Breach According to operator Dunamu, Upbit currently maintains 98.33% of customer digital assets in cold storage as of late October, with only 1.67% held in hot wallets. The exchange stated it has completed a full wallet infrastructure overhaul and aims to reduce hot…

Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators. Hash price, which measures expected miner profitability per unit of computing power used to successfully add a block, is about $39.4 per petahash second per day (PH/s/day) at the time of this writing, according to mining data provider Hashrate Index. Sangha Renewables, a Bitcoin (BTC) miner and renewable energy company, energized a 20 megawatt (MW) solar-powered mining facility in Ector County, Texas, on Thursday, according…

Ethereum is approaching key technical zones on both its BTC ratio and USD pair, according to chart signals from market analysts. Fresh higher lows on each chart now place the focus on whether buyers can defend support and force a decisive breakout. ETH/BTC Monthly Ratio Shows Early Signs of Recovery Analyst Bracco said the ETH/BTC monthly ratio is “coming back to life” as the market forms a pattern of higher lows. The monthly chart shows Ethereum’s performance against Bitcoin stabilizing after an extended downtrend. Recent candles hold above the prior bottom, indicating that sellers have not been able to push…

The longer-than-expected US federal government shutdown has led to the cancellation of the October employment report, a key indicator for interest rate decisions. It was also announced that the November employment report, previously scheduled for December 5th, will now be released on December 16th. The Bureau of Labor Statistics (BLS), part of the U.S. Department of Labor, announced that it would not release October employment data for the first time in its history, increasing uncertainty in market forecasts for investors. This has lowered the market’s estimate of a December interest rate cut to around 30% from 100% a month ago.…