Author: NBTC
The US stock market is showing off a new trick: putting almost all its eggs in a tiny basket. Right now, just 26 stocks account for half the entire value of the S&P 500 index. This is a straight-up historical anomaly. The previous number was 36 stocks at the end of 2023, which already felt low. Now, it’s the lowest since at least 1980 and probably since the index was created in 1957. Records like this don’t get broken without raising some serious questions. The tech sector is running the show. Nvidia, Microsoft, and a small gang of other mega-cap…
Chiliz, known for leading blockchain technology in sports and entertainment, has announced a strategic integration with FanC, a blockchain-powered platform behind the popular app CELEBe. This collaboration, shared through Chiliz’s X account, will bring significant benefits to both communities. Currently CELEBe has 8 million active users including 830,000 monthly active users connecting to the Chiliz Chain ecosystem. This means that partnership is going to open new frontiers in the blockchain space. Give a spicy welcome to CELEBe’s massive user base of 8 million users, including 830,000+ monthly active users. 🌶️Chiliz Chain strategically integrated with FanC, the blockchain-powered creator economy platform…
The Floki ecosystem has recently announced the deployment of an important patch for its famous play-to-earn MMORPG game Valhalla. By deploying the exclusive Valhalla patch, Floki targets to upgrade the wallet and account system, enhancing the user experience. The platform disclosed this development on its official social media account. Important Announcement for Valhalla Players ⚔️A critical Valhalla patch will be deployed soon, which will upgrade the account/wallet system.All unlinked play accounts will be wiped during this upgrade.Action Required: Link your Valhalla play account to your wallet ASAPIf… pic.twitter.com/SzyC007W7F — FLOKI (@RealFlokiInu) January 7, 2025 Floki Announces Deployment of Updated Patch…
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…