Author: NBTC
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR)It’s been a tough month for MicroStrategy (MSTR), the software developer turned bitcoin (BTC) accumulator. Its stock has tumbled almost 50% since November, when it joined the Nasdaq 100 index and peaked at a 600% gain since the start of the year. That still leaves the Tysons Corner, Virginia-based company a whopping 342% ahead in 2024, the biggest return among the highest-profile crypto-linked assets in traditional finance (TradFi). It’s been a volatile year, packed with geopolitical and technological developments to rattle financial markets. The continuing wars in eastern Europe…
Neo SPCC has released NeoGo v0.107.1, featuring a new NeoFS-based solution for synchronizing blocks. The release remains compatible with Neo C# v3.7.5, the current version on the Neo MainNet, and does not require database resynchronization, offering a straightforward upgrade process for node operators. NeoFS-based synchronization The NeoFS BlockFetcher service is the primary addition to this release, which acts as an alternative to the peer-to-peer block synchronization mechanism. BlockFetcher enables nodes to download, verify, and synchronize block dumps stored in NeoFS. The feature, supported by the new upload-bin command-line utility, can be activated through the configuration file. As part of this…
The publicly listed Bitcoin (BTC) miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Tuesday) its strategic decision to relocate its headquarters from Vancouver, Canada to San Antonio, Texas, marking a shift in the company’s operational focus toward the U.S. market. The blockchain infrastructure company’s move comes amid growing optimism about the U.S. cryptocurrency sector under the incoming Trump administration, which has signaled a more supportive stance toward digital asset innovation. The relocation includes plans to transition to U.S. Generally Accepted Accounting Principles (GAAP) reporting by March 2025. Frank Holmes, Executive Chairman of HIVE “The depth and breadth…
Securitize, a top player in RWA tokenization, has announced that Wormhole will serve it as an interoperability provider. The integration of Wormhole for interoperability targets to fill the gap between the traditional and digital finance while enhancing accessibility and liquidity. The platform took to its official X account to provide the details of this integration. Institutions are going multichain with Wormhole.@Securitize, a prime example and leader in real-world asset tokenization, has chosen Wormhole as its interoperability provider. This integration connects TradFi and DeFi, improving liquidity and accessibility across ecosystems.… pic.twitter.com/C7jTlDXJVG — Wormhole (@wormhole) December 29, 2024 Wormhole to Increase Scalability…
Bitcoin (BTC), the world’s leading cryptocurrency, appears to have initiated a final push for the historic $100,000 level. Data shows that the BTC price has reclaimed $97,476.16, representing a 2.05% increase in the last 24 hours. Bitcoin and month of strong performance This price level follows Bitcoin’s rebound from a low of $94,729 in earlier trading. As November’s market activity looks set to close in less than 48 hours, Bitcoin appears ready to retest the psychological $100,000 price mark. Interestingly, despite disappointing investors and traders because it has yet to climb past the anticipated $100,000, Bitcoin’s performance remains striking. CoinGlass…
Binance Labs announced it will be changing its name, along with expanding its scope of investment to include secondary market deals, OTC and other new projects. Though, it also mentions former Binance CEO CZ and his plans to ‘engage with projects on a personal level.’ In a recent post on the last day of 2024, Binance Labs announced that it will soon be operating under a different name and plans to invest in more projects in 2025, specifically naming crypto, blockchain, AI and Biotech as main areas of focus. Binance Labs will also be expanding its investment scope outside of…
A crypto whale has recently gained significant attention with a massive $LDO deposit into Binance. As per the on-chain analytics firm Lookonchain, the whale deposited 1.4M $LDO tokens (nearly $3.03M) into Binance, denoting strategic trading amid market volatility. The on-chain analytics platform disclosed this incident on social media. A whale deposited 1.4M $LDO($3.03M) into #Binance when the $LDO price reached the breakeven point.Between June 21 and June 26, the whale bought 1.4M $LDO($3.09M) at $2.21, 39,469 $AAVE($3.25M) at $82.44, and 2,561 $MKR($6.32M) at $2,470.Currently making a profit of $6.97M on… pic.twitter.com/20jQ2zjCSK — Lookonchain (@lookonchain) December 6, 2024 Crypto Whale Deposits…
State Duma lawmaker Adam Delimkhanov says crypto miners in Chechnya will be equated with terrorists, following the ban on cryptocurrency mining in several regions in Russia starting in January 2025. According to Russian news outlet Tsargrad TV, Delimkhanov stated that starting from Jan. 1, 2025 cryptocurrency mining will be deemed illegal in the Chechen Republic. Therefore, anyone found mining crypto in the region will be punished severely. “We will equate them with terrorists, since their actions harm the whole society,” the deputy said, adding that he was relaying the words of Chechen Head of State Ramzan Kadyrov. Delimkhanov explained that…
A historic event in the development of blockchain gaming occurred when Orochi Network and Zypher Network signed a strategic partnership agreement. This partnership uses complementary features of both networks to improve security, scalability, and features within the gaming space with the power of Zero-Knowledge Proofs (ZKPs). 🚀 Gmorochi! Our launch has been completed on @Zypher_Network – The Verifiable Data & Asset protocol for high-performance apps.Stay tuned for more innovations, including zkDatabase aaS and zkDA Layer, set to revolutionize blockchain data reliability. 🌟 pic.twitter.com/0C9LW4N174 — Orochi Network (@OrochiNetwork) December 30, 2024 About the Networks Approved by the Ethereum Foundation, Orochi is…
Mike McGlone, the chief commodity strategist at Bloomberg Intelligence, has taken to his X account to share part of the recent report published by the analytics agency he works for and mention that Bitcoin and a few other assets have been massively outpacing one fundamental asset lately – crude oil. Bitcoin beats crude oil, McGlone explains why In his tweet, McGlone stated that crude oil currently is on the bottom of his “annual macroeconomic-performance scorecard”, while Bitcoin, gold, and S&P 500 index are on top of it. Bitcoin and the other two outperforming crude oil is down to the rapidly…