Author: NBTC
Hunter Horsley, founder and CEO of Bitwise asset management firm, told CNBC that it is still early for investors and Bitcoin has a lot of room to run. According to the executive, the asset is greatly undervalued based on the interests it has received from institutions recently. The CEO emphasized that 2024 marks the end of an early chapter and the beginning of a mainstream chapter. According to Hunter Horsley, investors now view Bitcoin as an asset class that has matured enough to have the regulatory clarity needed to drive investments. Bitwise CEO Hunter Horsley says Bitcoin is experiencing strong…
Cardano has strengthened its decentralized finance (DeFi) ecosystem by partnering with BitcoinOS through the Grail Bridge. This collaboration introduces secure Bitcoin bridging and unlocks liquidity for Cardano’s DeFi initiatives. Cardano will be one of the first L1s to experience hyper-secure, decentralized bridging to Bitcoin.BOS Grail vaults will allow YOU ALONE to protect your BTC using cryptographic verification. No existing Bitcoin bridge can claim this. We’re only a few months away. 🔵🙌 pic.twitter.com/0WSqVRY6Ce — BitcoinOS (@BTC_OS) January 7, 2025 Additionally, this integration makes Cardano one of the first Layer-1 blockchains to implement decentralized Bitcoin bridging via BitcoinOS Grail Vaults, setting a…
Bitcoin (BTC) could be back on track to hit the $100,000 record high, with technical indicators supporting this push. This comes as market euphoria surrounding the maiden cryptocurrency’s six-figure milestone appeared to falter when the asset pulled back just below the $99,000 mark. Now, Bitcoin’s super trend indicator, meant to identify potential reversals and trend directions, has flipped bullish on the asset’s one-hour chart, hinting at a possible rally toward $100,000, according to an outlook shared by trading expert Ali Martinez in an X post on November 25. Adding to the bullish sentiment, Martinez noted that Bitcoin’s Relative Strength Index…
Singapore — Mantle, the cutting-edge blockchain ecosystem behind the Ethereum layer 2 (L2) Mantle Network and the Ether liquid staking protocol mETH, has successfully integrated Ethena’s USDe and Mantle’s mETH on Compound, a premier DeFi lending protocol trusted by the community. —This marks a significant step in Mantle’s mission to foster ecosystem synergy, driving widespread DeFi adoption and creating new opportunities for innovation in 2025 and beyond. The integration follows successful governance proposals by Compound, with discussions underway to incorporate cmETH, further deepening this strategic partnership.Strengthening Mantle’s Ecosystem: Key MilestonesThe integration of USDe and mETH on Compound represents a major…
Solana ended the year with a peak month of NFT activity. Solana NFT sales peaked above $102M in December, as the Pudgy Penguins collection reached record activity levels. Solana reached peak NFT activity in December, with more than $102M in digital items sold. The main driver of the NFT expansion was the Magic Eden airdrop, which boosted activity in the hope of gaining more ME tokens. Most of December saw Solana’s daily active addresses in the 5M to 6M range, further boosting all types of activities. In the short term, the new ME token was pressured by selling and sank…
Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. Sustainable and Scalable Energy Solutions Are Vital for Transformative Technologies As bitcoin trades above $100,000 again amidst surging institutional interest, Asher Genoot, CEO of Hut 8 believes the company is strategically positioned with its unique approach to bitcoin mining, energy sustainability, and expansion into artificial intelligence (AI) infrastructure. Known for its efficient bitcoin mining operations and sustainability-driven practices, Hut 8 has made significant strides in transforming the intersection of energy and…
Despite reaching the $100,000 mark on CME Futures, a stubborn sell-off has kept Bitcoin (BTC) from breaking decisively above that level on spot markets. Mike Novogratz, the billionaire investor and CEO of Galaxy Digital, has shared some thoughts on what might be driving this selling pressure. Based on his opinion on Galaxy Research’s data, the billionaire says a lot of it is down to 2024 buyers who got in at prices above $56,000. It looks like these market participants are just taking profits, which is pretty standard market behavior, Novogratz is convinced. It seems that there is more to it…
Decentralized exchanges (DEX) are increasing their relevance on the cryptocurrency trading landscape, approaching the centralized platforms (CEX) in volume. In this context, Finbold selected three DEX projects to keep an eye for 2025. As of January 7, the DEX/CEX volume ratio reached an all-time high, with over 20% of all crypto trading happening on decentralized exchanges. This data is from IntoTheBlock, shared on X by Hayden Adams, inventor of the Uniswap protocol, a leading decentralized exchange. Uniswap (UNI) as the leading DEX for the EVM ecosystem Among the top projects to keep an eye for 2025, Uniswap (UNI) stands out…
The non-fungible token (NFT) collection backed by President-elect Donald Trump launched its first 160 items, the “Trump Bitcoin Digital Trading Cards,” on Bitcoin (BTC) using the Ordinals protocol. Users who acquired the 100 NFT cards from the “Mugshot Edition” and submitted their Bitcoin wallets are eligible for the claim through NFT marketplace Magic Eden. Users had minted 19 out of 119 available Ordinals as of press time, with the claim period lasting until Jan. 31. Ordinals create unique assets on the Bitcoin blockchain by inscribing data onto individual satoshis, the smallest BTC unit. The Trump Bitcoin Digital Trading Cards used…
XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the third-largest digital asset, its performance over 30 days trailed behind its perceived rival, XLM. According to data from Coingecko, the U.S. dollar value of XLM surged by more than 483%, rising from $0.09 on Nov. 2 to $0.54 by Dec. 2 at 2:00 p.m. EST. During this period, it peaked at just over $0.60 on Nov. 24 before dropping to $0.42 on Nov. 27. Since then, XLM has hovered around…