Author: NBTC

Representative Michael Collins, a Georgia Republican, has disclosed trades in the meme coin “Ski Mask Dog,” according to financial reports filed with the House of Representatives. CONGRESS MEMBERS ARE NOW TRADING MEME COINS… (I’m not even kidding) Congress member Michael Collins just filed for his purchase of a crypto meme coin called “Ski Mask Dog” Which part of the cycle are we in? pic.twitter.com/jVTtrBhWdF — Stocktwits (@Stocktwits) December 3, 2024 As per Stocktwits’ post on X, the disclosure shows that Collins invested between $1,000 and $15,000 in the token through two separate transactions between December 1 and December 2, 2024.…

CleanSpark Inc., a publicly traded Bitcoin mining company, mined 668 Bitcoin in December 2024. The company sold 12.65 Bitcoin during the same period at an average price of $101,246 per Bitcoin (BTC). By year-end, CleanSpark held 9,952 Bitcoin in its reserves, according to a company release. For 2024, CleanSpark reported mining a total of 7,024 Bitcoin, marking a significant increase in its operational capacity. The company’s computing power, or hashrate, grew to 39.1 exahashes per second, reflecting the speed and power of its mining operations. Additionally, CleanSpark improved its energy efficiency, reducing energy consumption per unit of work to 17.59…

Bitcoin is witnessing a surge of on-chain activity, with daily active addresses nearing 1 million, data indicates. Bitcoin’s (BTC) march to $100,000 has driven a surge in on-chain activity, with data from IntoTheBlock showing a shift in the cryptocurrency’s long-term activity trend. In a post on X on Nov. 26, on-chain analysts highlighted that the number of daily active addresses on the Bitcoin blockchain is “approaching 1 million,” calling it the “first prolonged increase of this scale since 2021.” Bitcoin’s long-term activity trend has decisively shifted, with on-chain activity seeing significant growth.The number of daily active addresses is approaching 1…

Vitalik Buterin, the co-founder and chief scientist of Ethereum, believes that the values underpinning crypto and web3 hold the key to ensuring that the trajectory of technological advancement serves to benefit mankind. In a January 5 blog post, Buterin noted that more than 12 months have passed since he first outlined his ethos for techno-optimism, advocating for “decentralized and democratic, differential defensive acceleration (d/acc).” Buterin summarized the philosophy as the belief that technological advancements have allowed humanity to circumvent many dangers in the past, but that future innovation could lead society towards either a positive or harmful future. As such,…

2024 was a landmark year for cryptocurrency ETFs, marking a pivotal moment in the evolution of the financial markets. Among nearly 740 newly launched ETFs in 2024, the top 8 funds with the highest year-to-date (YTD) flows were exclusively crypto-related. This striking trend underscores the growing appetite for digital assets among institutional and retail investors alike, as blockchain technology cements its place in the mainstream financial ecosystem. Top 8 ETFs: Breaking Down the Leaders The table highlights the eight top-performing ETF launches of 2024, categorized by their impressive YTD flows. Here’s a breakdown of the funds dominating the market: iShares…

XRP price witnessed a significant recovery following South Korea’s swift reversal of martial law late on Tuesday, December 3, 2024. Ripple’s XRP token, which had experienced panic selling amid political turmoil, rebounded with a 1% gain in the past hour. South Korea’s Panic Mode Ends President Yoon Suk Yeol had unexpectedly declared martial law, pledging to suppress “anti-state” elements and accusing opposition lawmakers of sympathizing with North Korea. The move sparked significant controversy, evoking comparisons to South Korea’s authoritarian past. The military had further announced a suspension of parliamentary and political activities, which it claimed could lead to “social confusion,”…

Bitcoin (BTC) has dropped 7.6% since it almost — but not quite — touched the psychological wall of $100,000 on Nov. 22. That’s the biggest drop since Donald Trump won the U.S. presidential election, sparking a rally that sent the largest cryptocurrency by market capitalization soaring from a level of around $66,000 through its record high. Even so, the slide isn’t out of the ordinary. In bull markets bitcoin typically tumbles as much as 20% or even 30%, so-called corrections that tend to flush out leverage in an overheated market. A large part of the reason the bitcoin price didn’t…

Ethereum’s stablecoin inflow has significantly increased, as 2025 gets underway, indicating heightened market activity on its network. Stablecoins on Ethereum, such as USDT and USDC, have risen an astounding $111 billion in the last seven days. Among the leading blockchain ecosystems, this is the highest, indicating strong investor confidence and activity. Solana, in contrast, saw a stablecoin increase of $202.13 million, indicating robust but relatively modest growth. A large inflow of stablecoins usually signals increased ecosystemic liquidity and purchasing power. In order to buy other digital assets or take part in DeFi activities, investors frequently move stablecoins onto blockchain networks.…

I’ll admit it: I’m starting to give up on Warren becoming a Bitcoin believer this year. We published an article not too long ago—“Berkshire Hathaway outperforms S&P 500 again. Will Warren Buffett need Bitcoin to compete in 2025?”—where I tried to keep some faith alive. But here’s the thing: that faith is starting to look like delusion. You see, Wall Street analysts are already predicting the monster gains Berkshire’s portfolio will deliver in 2025 while sticking to his strategy that, despite what we thought, isn’t getting “too old.” Trump’s pro-crypto administration is in full swing, Bitcoin’s correlation to U.S. stocks…

Cryptocurrency analysis company Santiment has listed the artificial intelligence altcoins that developers have focused on most in the last month in its latest list. When calculating the developer scores of these altcoins, the company based their code entries on their Github project pages, as they are mostly open-source projects. While Near (NEAR), which was in first place last month, is at the top, there have been some changes in the rest of the list. Here are the AI altcoins and developer scores that cryptocurrency developers focus on the most, according to Santiment analysts. Near (NEAR) – 111.07 The Graph (GRT)…