Author: NBTC
Cryptocurrency analysis company Santiment has published a list of altcoins that have had the most new wallets opened this week. The list, which took shape amid a partial market downturn, shows that these altcoins are experiencing network growth despite a correction in the cryptocurrency market, according to Santiment. According to analysts, in the long term, both the increase in usage areas and network growth create the necessary conditions for market value growth. The analyst warned that it is necessary to focus on altcoins that have witnessed the most increase in new wallet formation. Here is the list prepared by Santiment,…
We’ve all got it by now that President Donald Trump can’t fire Federal Reserve Jerome Powell. But the rest of the board? They’re fair game. And he knows it. So do they, which is why some are reportedly already looking for help to keep their jobs. The Federal Reserve Board is made up of seven members, each appointed by the President and confirmed by the Senate. With many Biden appointees in key positions right now, Trump might see it fit to clean house. Who’s sitting on the chopping block? First, let’s talk about Powell. Trump appointed him back in 2017,…
Newly unveiled The Grid is a Web3 structuring and verifying system, which could be the “map” data needed to make the blockchain world more accessible than ever before. After working on this for seven years, The Grid is coming into the limelight as a meta standard that can help data platforms connect to the blockchain more effectively. All that should mean a more user friendly interface that allows less Web3 savvy users to feel comfortable exploring this space and—ultimately—investing more. Co-founder, Jonathan Knegtel, told Decrypt: “Think of this as an evolution rather than a revolution. The Grid provides ecosystem metadata.…
Mike Novogratz, CEO of Galaxy Digital, has stressed the importance of Bitcoin reaching the $100,000 mark, stating that “it’s proof of adoption, belief, and a community that has carried this revolution from 0 to 100.” “Young people like digital assets a lot more than old people. And we are about to go through the greatest wealth transfer in the planet’s history,” he added. Bitcoin hit the widely coveted price level at 02:33 UTC on the Bitstamp exchange for the first time in history. As reported by U.Today, Novogratz repeatedly predicted that the flagship cryptocurrency would be able to reach six…
Ethereum price has retreated sharply in the past few days after finding substantial resistance at $4,000. Ethereum (ETH) traded at $3,340 on Monday as cryptocurrencies stabilized. This was slightly up from last week’s low of $3,100. Seasonality data suggests that Ethereum price may rebound sharply in the first quarter of 2025. According to CoinGlass, ETH had positive returns in all but two first quarters since 2017. Its best performance was in 2017, when it jumped by 518%, followed by 202,1 when it rose by 160%. Its average first-quarter returns since 2017 were 92%, making it the best period of the…
In a significant transaction within the cryptocurrency ecosystem, a whale recently deposited all 1.2 million $WIF tokens, valued at approximately $3.47 million, into Coinbase. The move made just three hours ago, has drawn attention for its timing and scale, with many speculating about its impact on the token’s liquidity and market sentiment. A whale deposited all 1.2M $WIF($3.47M) into #Coinbase 3 hours ago.This whale bought 1.2M $WIF 11 months ago at a cost of $393K, and now has a profit of more than $3M!https://t.co/CeCC6iwIX8 pic.twitter.com/WqR6EBg4lA — Lookonchain (@lookonchain) December 11, 2024 According to Lookonchain, This whale’s journey with $WIF began…
AdEx, a prominent blockchain-based advertising platform, has introduced AdEx AURA, an advanced AI-powered tool designed to utilize public blockchain data from Ethereum (ETH) and Layer 2 to deliver personalized recommendations for users and developers, as learned by Finbold on Monday, December 23. With advanced AI models, AURA evaluates blockchain activities, such as transaction patterns and app usage, and uses them to deliver custom-tailored actions. For example, the tool can recognize and recommend relevant services to frequent decentralized exchange (DEX) traders or guide the bridging funds to new blockchains, fostering a seamless user experience. An AI agent for digital advertising AURA…
New analysis from CryptoQuant has determined that 2024 has been a “defining year” for institutional Bitcoin adoption, thanks to the exchange-traded funds (ETFs). Corporate investment has surged all over the sphere, increasing realized capitalization by $300 billion. However, the report also noted that Bitcoin’s technical gains played a back seat this year, with institutions completely dwarfing protocols like Runes. The ETF Wave Into Bitcoin CryptoQuant’s latest weekly report, shared with BeInCrypto, tracks the rise of institutional adoption in 2024. The Bitcoin ETF received SEC approval in January, which began a wild spree of corporate investment. Since the beginning of the…
A widely followed crypto analyst says that Ethereum and altcoins are bracing for a swing to the upside as ETH prints the same pattern it did in 2020. In a new video update, crypto strategist Jason Pizzino tells his 344,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair is flashing a “major altcoin signal.” However, he warns that altcoins still have a bit further to drop before market sentiment turns around and sparks a rally. “ETH/BTC in November got a bounce but again it still has not broken past at least the 4% level and the major level that I’m watching…
The Nigerian Securities and Exchange Commission (SEC) has announced new laws that will regulate the practices of crypto influencers in the country. This new regulation represents an update to the previous rules governing the industry. Per the new development, all crypto platforms must obtain a license from the body before they can carry out any promotional activities. This includes promotion across TV, radio, social media, and other print media. As part of the requirements, crypto influencers are mandated to disclose any financial benefits they enjoy for promoting a platform or asset. The statement revealed that non-compliance could land perpetrators a…