Author: NBTC
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)…
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…
Hunter Horsley links corporate power consolidation to crypto demand. The CEO of Bitwise Asset Management, Hunter Horsley, has suggested that the economic policies of the Trump administration could have a major impact on the cryptocurrency sector. In a recent tweet, Horsley noted that the potential deregulation of mergers and acquisitions could allow major companies like Google or Amazon to expand even further through strategic acquisitions. M&As refer to the consolidation of companies, either through the merging of businesses or the purchase of one company by another. This process often helps corporations achieve economies of scale, expand market share, or acquire…
Chainlink (LINK) experienced a massive price surge of 36% today, hitting a high of $26.26 amid heightened whale activity. A significant whale purchase of 269,861 LINK tokens, valued at $6.68 million, has sparked discussions about its potential market impact. The price of $LINK has surged 36% today!A whale bought 269,861 $LINK($6.68M) in the past 12 hours.The whale spent $2.6M to buy 107,838 $LINK at $24.1 on DEX and withdrew 162,024 $LINK($4.08M) from #Binance.https://t.co/Zuxgpk23Sm pic.twitter.com/hNQ65oZkfi — Lookonchain (@lookonchain) December 3, 2024 Lookonchain said, Chainlink’s price jumped to $26.26 earlier today, marking a 36% increase in 24 hours. This price rally follows…
Nichome has launched its platform designed to incentivize user engagement within the Neo X ecosystem. To kick things off Nichome has opened Izakaya Season 1, giving users the first opportunity to earn GAS rewards and other future opportunities by interacting with Neo X projects. Nichome’s platform centers around its Treasure Chest mechanism, which allows users to stake GAS to receive chests containing potential rewards. To unlock a chest, users need to collect X Credits to obtain a KEY. X Credits can be earned by performing daily tasks, interacting with ecosystem projects, and bridging and staking NEO and GAS assets. Unlocking…
Bitcoin (BTC), which rose to the $100,000 mark last week, fell by more than 7% in the last 24 hours and fell to $91,500. While these declines have investors panicking, CryptoQuant CEO Ki Young Ju said that declines in Bitcoin are normal. CryptoQuant CEO X reminded that Bitcoin is still in a bull market in his post and said that Bitcoin could experience a 30% drop even during a parabolic uptrend. Citing 2021 as an example, Ju stated that such pullbacks occurred repeatedly during Bitcoin’s rise from $ 17,000 to $ 64,000 in 2021. Additionally, Ju stated that he does…