Author: NBTC

In a sobering reminder of the unpredictable nature of the cryptocurrency market, a trader who purchased 46.5 million of the Solana-based AI concept token, AGiXT, at a bargain price of $1,756 has become the subject of viral discussion after selling their holdings prematurely for just $6,284, a mere fraction of the potential profit. According to data retrieved by Finbold from Lookonchain and Solscan on January 17, the trader initially realized a modest profit of $4,529 from their investment. Although this return would appear commendable under ordinary circumstances, the subsequent surge in AGiXT’s value revealed the true extent of what was…

Cryptocurrency exchange Upbit has announced the listing of Virtuals Protocol (VIRTUAL) on the KRW, BTC, and USDT markets. Upbit Lists Virtuals Protocol (VIRTUAL) on KRW, BTC and USDT Markets Transaction Calendar Deposit and Withdrawal Start: Within 2 hours from the announcement. Transaction Start: January 31, 2025, 20:00 Transaction Restrictions To ensure a stable trading environment, certain restrictions will be applied: Buy Orders: Restricted for the first 5 minutes after trading starts. Minimum Sale Price: Will be announced 1 hour before transaction support begins. Order Type Restrictions: Only limit orders can be used during the first hour of trading. Deposit Instructions…

MicroStrategy’s Bitcoin buying plan—once maligned by big businesses—has produced blockbuster profits for the software company amid the latest Bitcoin boom, pushing its stock price to all-time highs in recent months as its stash tops $40 billion worth of the coin. And its success has inspired a crop of copycats, though MicroStrategy founder and Executive Chairman Michael Saylor probably doesn’t mind—he’s been advocating for such a movement for years now. In recent months, several more publicly traded firms have greenlighted corporate strategies to stack Bitcoin as a treasury reserve asset, while others that have already invested in the cryptocurrency are building…

Orbiter Finance, a prominent Layer-2 (L2) scaling solution, and Anime, an Azuki-linked project, have revealed their Token Generation Event (TGE) dates, both slated for the same week. Coincidentally, the dates align with President-elect Donald Trump’s inauguration, giving forward-looking traders and investors ample time to position themselves strategically amid expected volatility. Orbiter Finance Reveals TGE Date In a statement shared on X (Twitter), Orbiter Finance revealed the TGE date for its OBT token, citing Monday, January 20. The token generation event is expected to reward early adopters and participants in the Orbiter Finance ecosystem. Details about eligibility and distribution mechanics are…

Crypto in 2025 is in for a major haul as Coinbase exchange is planning a major expansion, with plans to list a massive 50-80 new cryptocurrencies in the first half of 2025 alone. This move has all likelihood of triggering a surge in trading volume and pushing prices to new heights. In a blog post, Coinbase reported a 6200% increase in its average daily trading volume in the past year as the exchange expanded its perpetual futures listings from 15 to 106. In December, the exchange recorded all-time high open interests and trading volumes. Now, it plans to scale its…

Billionaire investor Mark Cuban has once again voiced his support for Bitcoin, arguing that BTC is more valuable than gold during times of economic downturn. Speaking in a recent interview with Wired, Cuban highlighted the advantages of Bitcoin as both a store of value and a functional currency, especially in scenarios where the economy faces severe disruptions. Cuban likened Bitcoin to gold, noting that many investors view both as safe haven assets during times of economic uncertainty. However, he emphasized that Bitcoin offers different advantages over gold. “The interest in gold is not based on supply and demand for jewelry,”…

KernelDAO, a leading restaking protocol, has launched a $40 million Ecosystem Fund to accelerate the development of its platform and strengthen its presence within the BNB Chain ecosystem. This initiative shows KernelDAO’s focus on improving decentralized finance (DeFi) and building stronger security with its restaking solutions. KernelDAO’s New Fund: What to Know The newly launched Ecosystem Fund aims to support developers building on KernelDAO’s restaking infrastructure. This move follows KernelDAO’s recent achievement of managing $2 billion in assets across multiple chains, including Ethereum and BNB Chain. “The launch of the Ecosystem Fund is a significant step towards increasing our efforts…

According to a report from crypto exchange CEX.IO, stablecoin transfers reached $27.6 trillion in 2024, outpacing Visa and Mastercard’s combined transaction volume by 7.68%. The report pointed out that stablecoins consistently outperformed traditional payment providers throughout the year despite a dip in Q3 due to broader market slowdowns. This trend signals a shift in global remittances as legacy providers like Western Union and MoneyGram struggle to adapt to a rising demand for digital assets. The stablecoin supply expanded by 59% during this period, exceeding $200 billion. This growth pushed stablecoins to represent 1% of the total US dollar supply, a…

Bitcoin has been faced with a challenging start to 2025 with a rejection at the $100,000 mark. Notably, Bitcoin has been unable to hold substantially above the $100,000 price level since it first broke through in early December, and multiple breakouts have been followed by rejections. The most recent rejection came last week when the price peaked at $102,000 on Monday, only to reverse sharply and fall to $92,000 by Thursday. This continued tug-of-war has brought the bearish case for BTC into sharper focus, with technical analysis highlighting a 50/50 chance of a further drop or a bounce. $90,000: A…

Bullish momentum in crypto is strong and thriving as Bitcoin hovers around $100K. BTC is not the sole beneficiary of greens, though, as the total cryptocurrency market cap has hit record highs, drawing attention from retail and institutional players alike. Amid this traction, web3 startups pulled in $2 billion in Q3 2024, with Crunchbase data showing over 300 deals closed. Although Funding is up, the deal counts are falling. It’s the lowest since Q2 2020. This marks two straight quarters of decline. While some may find this downturn disappointing, this investor behavior suggests that investors are being picky about which…