Author: NBTC

The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive study sheds light on unprecedented network expansion, advancements in hardware efficiency, and major economic transitions. Nicehash and Digital Mining Solutions Showcase the Bitcoin Mining Industry’s Unprecedented Growth in 2024 Bitcoin mining operations in 2024 experienced phenomenal growth, with network hashrate peaking at 808 exahash per second (EH/s) by year-end, according to Digital Mining Solutions‘ and Bitcoinminingstock.io‘s report authored by Cindy Feng and Nico Smid. Miners contributed nearly 300 EH/s…

CoinRank, a prominent platform offering real-time insights about the crypto market, has started an exclusive collaboration with CyberCharge. The partnership aims to transform cyber charging into a comprehensively interactive Web3 experience by including digital collectibles, play-to-earn, and gaming features. This will transform routine tasks into rewarding and dynamic activities. 🎉 @CoinRank_io x @CyberChargeWeb3 Partnership ⚡ CoinRank is excited to partner with CyberCharge, creators of the Web3 + DePIN smart charger that turns charging into an interactive experience with gaming, play-to-earn, and digital collectibles. 🤝By integrating smart… pic.twitter.com/30zgQALwjR — CoinRank (@CoinRank_io) January 6, 2025 The collaboration focuses on establishing a decentralized…

Ethereum is trading below last year’s highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason. While ETH’s price action has been subdued, traders remain optimistic about its potential to perform exceptionally well in 2025, given its historical cycles and the market’s overall bullish sentiment. Top analyst Carl Runefelt recently shared a technical analysis on X, highlighting that ETH is currently trading within an ascending channel. This pattern suggests a possibility of a short-term pullback before Ethereum gains momentum for its next upward leg. Runefelt’s analysis aligns with the cautious optimism prevalent in the market…

0G Labs completed a major node sale, raising $30 million to power a decentralized AI operating system. The company has raised huge amounts of money in recent months, proving investor interest in this technology. This news comes from an exclusive press release shared with BeInCrypto. 0G Labs Launches AI Node Sale 0G Labs, an AI research company, has recently conducted several fundraising efforts beyond this node sale. In 2024, it was one of the crypto industry’s largest recipients of VC funding, receiving over $40 million in November. The proceeds of this sale don’t quite match that achievement, but this is…

BLOCKLORDS has announced its strategic partnership with Cygnus Finance. The collaboration aims to connect non-EVM systems and the broader EVM ecosystem. This collaboration marks a groundbreaking advancement for the blockchain and gaming communities. This innovative development will set the stage for cutting-edge financial solutions along with gaming experiences. 🚀 We’re thrilled to announce our partnership with @CygnusFi a pioneer in building the first modular real yield layer!✨ Cygnus Finance bridges non-EVM systems like TON with the EVM ecosystem, introducing a revolutionary yield-bearing Liquidity Validation System. Their… pic.twitter.com/3nmVQjQWdI — BLOCKLORDS | ON EPIC GAMES STORE (@BLOCKLORDS) January 7, 2025 BLOCKLORDS, a…

Bitcoin miner manufacturer Canaan has introduced the Avalon Mini 3 and Nano 3S, rigs that mine crypto while also doubling as home heaters. Canaan, a tech company known for its ASIC chip design and development, is taking another shot at something other mining companies have experimented with: making Bitcoin (BTC) mining rigs that double as heaters. At CES in Las Vegas, Canaan announced two new Bitcoin mining devices: the Avalon Mini 3 and Avalon Nano 3S. The rigs are designed to make crypto mining more accessible and to help turn home heating into a byproduct of mining, the company said…

Over the past 30 days, Bitcoin and Ethereum network fees have remained relatively modest, even as prices have experienced an upward trend. During the first week of 2025, the average transaction fee on the Bitcoin network was $1.40. In comparison, Ethereum onchain fees were slightly lower during the first six days of January, reflecting a similarly subdued pattern. January 2025 Kickoff: Bitcoin Fees Drop to $1.40, Ethereum Stays Modest Fees directed to miners and validators on the Bitcoin and Ethereum networks have begun the year at under $2 per transaction for average payments per transfer. Currently, transacting on the Bitcoin…

Top analysts warn that those planning to sell Bitcoin at $100K may regret it, predicting the asset will surpass this milestone and reach even higher levels. Since Bitcoin broke the $90K level 12 days ago, it has largely remained in a holding pattern. But traders and market participants eagerly await its entry into the $100K range. Last week, Bitcoin came within striking distance of $100K. Specifically, the asset entered the $99K range last Thursday and even rallied up to $99,600 the next day but has seen no further progress since then. BTC maintained a tight range between $97K and $99K…

Ethereum (ETH) trades at $3,330.61, down 9.70% in 24 hours. Bearish moving average crossover signals further downside risk. Ethereum (ETH) is currently trading at $3,330.61, reflecting a 9.40% decline over the past 24 hours. The market capitalization stands at $401.25 billion, down 9.41% during the same period. Trading volume surged by 71.15% to $37.19 billion, indicating heightened market activity. The market cap ratio has risen to 9.22%. Ethereum’s circulating supply remains constant at 120.47 million ETH. On January 7, Ethereum spot ETFs saw net outflows of $86.79 million, reducing their total net asset value to $12.28 billion. This marks a…

On Tuesday, at his Florida estate Mar-a-Lago, president Donald Trump announced a $20 billion deal with Damac Group’s Hussain Sajwani to build state-of-the-art AI data centers across America. Trump wasted no time hyping up the announcement. The project’s first phase targets eight states: Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana. These AI-powered data hubs, according to Trump, will put America at the top of the global tech ladder. “This is how we stay on the cutting edge of artificial intelligence and advanced technology,” Trump said, standing in front of cameras at his luxury resort. What $20 billion buys…