Author: NBTC
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.…
Warren Buffett’s Berkshire Hathaway looks set to go another year without investing in Bitcoin
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)…
There is a community on X whose members call themselves Irresponsibly Long MSTR. They believe that MicroStrategy has substantial upside, even after its 538% year-to-date rally. Although members have a range of personal forecasts, there are some who believe the company can trade to a 10X valuation of its bitcoin (BTC) holdings. For context, MicroStrategy is currently trading at 2.5X the value of its 386,700 BTC. If that multiple were to grow to 10X, the company’s market capitalization would rally from today’s $90 billion to $364 billion. At a 10X multiple, the company would be worth more than Coca-Cola, Wells…
Evaluating a decentralized finance (DeFi) protocol requires analyzing its mechanics and token distribution. As per the report shared by IntoTheBlock, organizations are interested in how the protocol creates long-term economic value while minimizing reliance on short-term token incentives. The market’s fluctuating nature means that sustainable mechanics must be retained to allow the user to continue participating. Large-scale deployments in DeFi protocols transcend hype. They demand a thorough assessment of risks, protocol resilience, and capacity. Explore our in-depth analysis in our latest article👇https://t.co/L0yi3FS5kE — IntoTheBlock (@intotheblock) January 5, 2025 Tokenomics evaluation plays a critical role in assessing the protocol’s long-term viability.…
Ethereum’s price is finally showing signs of bullish continuation after reclaiming a key level. However, there is still work to do for the market to pave its way toward a new all-time high. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has rebounded from the $3,200 support level and broke $3,500 to the upside. If the asset is able to hold above this area, a rally toward the $4,000 level could be expected in the short term. With the RSI also showing values above 50%, the momentum is bullish once again, which adds…