Author: NBTC

As Bitcoin (BTC) bounces from the local bottom below $90,000, the cryptocurrency segment is recovering. Top-tier meme coins are recovering faster than their competitors, while some dog-themed cryptos are posting double-digit gains today. Dogecoin (DOGE) outshines all large-cap cryptos today Today, Jan. 14, 2025, Dogecoin (DOGE), the largest meme cryptocurrency, added over 11%, soaring from $0.31 to over $0.355. Dogecoin (DOGE) market cap spikes over $52 billion as the first meme coin becomes the fastest-growing asset in the top 25, CoinGecko data says. In the top 50 largest cryptocurrencies, Dogecoin (DOGE) is only outshined by veteran PoW coin Kaspa (KAS)…

A city in South Korea plans to launch its own virtual asset electronic seizing system next month to seize crypto assets belonging to tax evaders. According to South Korean media outlet Energy Kyungjae, the city of Gwacheon has announced that it will launch “its own electronic virtual asset seizing system.” The city regulators hope to use the IT solutions in the wider Gyeonggi Province to identify crypto wallets belonging to tax evaders living in the city in the near future. Using the new seizing system, Gwacheon City will mainly target 361 high-income citizens who have been identified for not paying…

Investors withdrew substantial amounts from the U.S.-listed spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) Wednesday as macroeconomic uncertainties cast a shadow over the cryptocurrencies’ price prospects. Eleven bitcoin ETFs recorded a combined net outflow of $582 million, marking the second-largest total since these alternative investment vehicles began trading a year ago, according to data from SoSoValue. The large outflow comes shy of the record withdrawal of $680 million on Dec. 19. Fidelity’s FBTC led the outflows, losing a record $258 million, with BlackRock’s IBIT bleeding $124 million. Ether ETFs bled $159.3 million, the largest tally since July 26,…

BounceBit plans to integrate real-world assets with CeDeFi through partnerships with Hashnote Labs and Google Cloud, expanding institutional infrastructure. The 2025 roadmap focuses on bridging Western tokenized assets with Asian liquidity, enabling stable settlements for institutional investors. BounceBit has officially unveiled its 2025 strategy, with a major focus on deploying BounceBit Prime in the first quarter. This service is meant to combine CeDeFi with Real-World Assets (RWA) to provide institutional investors a more effective settlement mechanism. They will even use Western tokenized assets—BlackRock’s BUIDL—to boost liquidity in Asia’s trading system. BounceBit 2025: Bridging Western RWAs with Asian liquidity infrastructure. All-weather…

VeChain uses blockchain and IoT to improve supply chain transparency and efficiency. Strong partnerships and real-world use cases make VeChain a solid long-term investment. VeChain is a well-known company looking to transform the entire supply chain sector through the use of blockchain with IoT. Incorporation with big companies, including Walmart China, BMW, and PwC, enables the platform to be developed to offer increased business openness, security, and effectiveness. The nature of the VeChain blockchain is also more applicable to real-world enterprises. How VeChain’s Blockchain Improves Supply Chain Transparency VeChain uses two tokens in its system. VET stores the value, while…

Trump’s Crypto Czar, David Sacks, is set to lead a press conference to outline how the administration will work with Congress to make the U.S. a leader in the digital asset ecosystem. From public statements to the crypto executive order establishing a crypto working group, President Donald Trump has made it clear that he wants the U.S. to lead the way in crypto innovation. Now, market participants may be set to gain a clearer insight into the Trump administration’s policy approach to crypto. Crypto Press Conference Trump’s crypto czar, David Sacks, is set to lead a press conference to outline…

Riot Platforms (RIOT) mined 527 Bitcoin (BTC) in January, marking its highest monthly production since December 2023 and reflecting a 2% increase from the previous month, according to Farside data. However, the broader bitcoin mining sector reported underwhelming production figures, with most major mining firms experiencing month-over-month declines. MARA Holdings (MARA) mined 750 BTC in January, representing a 13% decline from December. Similarly, Cleanspark (CLSK) saw a 6% decrease, mining 626 BTC. Other mining firms also reported negative month-over-month production figures: IREN (IREN): 2% decline Core Scientific (CORZ): 13% decline Cipher Mining (CIFR): 7% decline Bitfarms (BITF): 5% decline Hut…

Bitcoin’s price is around the $95,000 zone as of January 9, 2025, with critical liquidity clusters forming between $94,000 and $100,000. The Binance BTC/USDT liquidation heatmap shows several high-leverage zones where traders are at risk, offering a snapshot of the market’s current liquidity dynamics. The heatmap shows the price ranges to be between $80,000 and $120,000, but most of the action will be in the $95,000 to $100,000 range. Analysts point to these zones as pivotal for Bitcoin’s next big move. BTC/USDT Liquidation heatmap (Source: Coinglass) One key zone of interest lies above $94,000, where a bunch of short positions…

Enso, a blockchain automation platform, has processed over $3.1 billion in transaction volume, as stated in the reports shared with Finbold on Friday, February 7. This achievement makes Enso one of the top three blockchain aggregators according to seven-day volume. Processing $3.1B completed. 84 shortcuts executed.Fueled by Boyco, Enso shortcuts powered execution at massive scale for @berachain’s mainnet launch. Yes, the chain is actually real. pic.twitter.com/7nLefHOgln — Enso 🛠️ (@EnsoBuild) February 6, 2025 Boyco campaign liquidity The spike in transaction volume was largely driven by Boyco, a liquidity campaign tied to Berachain’s pre-launch strategy. Boyco relies on Enso’s infrastructure to…

Ethereum (ETH) has experienced its largest daily loss in four years, plummeting by nearly 27% in a single 24-hour period. This decline brought the price of ETH down to just above $2,100 before a slight recovery to around $2,544 at press time. One of the largest liquidation events in recent history The drop in Ethereum’s value was not isolated; it was accompanied by substantial declines across other major cryptocurrencies. Bitcoin (BTC) fell by 6%, XRP by 22%, Solana (SOL) by 8%, and Dogecoin (DOGE) by 23%. This widespread sell-off contributed to over $2.24 billion in liquidations, affecting more than 730,000…