Author: NBTC
Peter Brandt, one of the most prominent commodity traders, has cautioned younger investors that Bitcoin is no longer going to make them rich. Those who continue to view the leading cryptocurrency as their road to “financial glory” will be disappointed, according to the prominent trader. Exponential gains were the norm during Bitcoin’s early days, but this is not the case anymore. Now, as Brandt points out, the “bloom is already off the rose,” meaning that it is no longer a new flashy investment option that could make you rich. For instance, the cryptocurrency has so far logged only a modest…
EigenLayer (EIGEN) has reached a new all-time high, making a psychological milestone for crypto traders and a justification for holders and true believers. A digital asset user spotted the development early today December 7 and shared it on the X platform. Also, the crypto enthusiast posted an important viewpoint concerning whether projects built on the EigenLayer network could potentially grow in line with an increased value of EIGEN. Today, $EIGEN hit an all-time high (ATH) and reached $5. Could the tokens from its ecosystem follow suit soon?For example, $EGP by @Eigenpiexyz_io has a TVL of $1.65B, while its market cap…
GT Protocol has announced an exclusive collaboration with AgentsGPT. The partnership between GT Protocol and AgentsGPT targets to advance the automated Web3 interactions. With this endeavor, both the platforms combine their strengths to improve the decentralized AI ecosystems in the Web3 sector. 🔥 GT Protocol x AgentsGPT Partnership! 🤝We’re excited to announce our partnership with @agents_gpt, a groundbreaking platform that merges AI agents with blockchain technology to enable intelligent automation at a new level. By allowing users to create live-streaming AI agents… pic.twitter.com/vHJOMPNQ5l — GT Protocol (@GT_Protocol) December 25, 2024 The collaboration focuses on paving the way for unprecedented possibilities…
MicroStrategy co-founder Michael Saylor recently highlighted 60 public companies that can issue equity to buy Bitcoin. The Virginia-based business intelligence firm is, of course, the number one corporate holder of Bitcoin with nearly 389,000 coins. Mining giant Marathon Digital and Mike Novogratz’s Galaxy Digital are in second and third places with 34,794 and 15,449 coins, respectively. E-car manufacturer Tesla is also in the top 10, still occupying the sixth position despite selling off a significant portion of its holdings. MicroStrategy, which emerged as one of the biggest success stories of 2024 due to its stunning gains, recently started attracting more…
The cryptocurrency market has left behind an extremely bullish week, with Bitcoin reaching a historic record of $100,000, and Ethereum also exceeding the $4,000 level, which has not been seen for a long time. In addition, there will be large amounts of token unlocks in many altcoins in the new week. Here is the token unlock calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Sui (SUI) Market Value: $12.25 billion Amount of Tokens to Unlock: $1.58 million (0.01% of market cap) Date: December 9, 2024, 03:00 Near (NEAR) Market Value:…
DePIN has come to the world, providing the opportunity to create defi projects that reward actions in the physical world. What is this technology about, and how does DePIN work? Table of Contents What is DePIN and why does blockchain need it? What are the DePIN options? Advantages and disadvantages of DePIN Looking to the future: What will happen to DePIN in five years? Theoretical studies in cryptocurrencies have long predicted that encryption tools currently implemented in the blockchain will be used on the Internet and impact the physical world sooner or later. Nick Szabo noted at the end of…
Crypto analyst James Van Straten believes that Bitcoin will cross $100,000 as long the demand for the flagship continues to outstrip supply. Van Straten shared this view in a post on X (formerly Twitter), noting a net accumulation of 87,000 BTC over the last 30 days. According to the analyst, the return to accumulation is a great sign, showing that long-term holders (LTHs) selling off the flagship that has been taking profits have finally slowed down. Based on his analysis, this sell-off has been the reason behind Bitcoin’s struggle to reach $100,000. Bitcoin saw 87k net accumulation in the last…
Crypto airdrops are one of the easiest ways to get free cryptocurrency, and they’re gaining huge popularity among crypto enthusiasts. Imagine receiving tokens from new projects just for signing up or holding certain coins—it’s like a surprise gift in your wallet! In this article, we’ll share the top 4 airdrops to watch out for, so you don’t miss the chance to grab these exciting rewards. 1. OpenSea 2.0 OpenSea is gearing up for a major evolution with the launch of OpenSea 2.0, rebuilt from the ground up and set to debut in December 2024. A sneak peek at the beta…
Mystiko Network, a Web3-based zero-knowledge layer, has recently announced a new partnership with 4EVERLAND. The collaboration targets to advance the Web3 development with the provision of an efficient and unparalleled integration. It reportedly facilitates the developers utilizing the ZK software development kit of Mystiko Ecosystem. Mystiko Ecosystem has revealed this groundbreaking collaboration to the crypto community through its official social media X account. Welcome to new Mystiko ecosystem partner: @4everland_org#4EVERLAND, well known as a outstanding cloud computing platform on decentralized storage, and #web3 AI and development solution.With 4EVERLAND, Mystik will bring a more efficient and seamless integration experience on… pic.twitter.com/jkKTzVVw3F…
Bitcoin’s price on December 1, 2024, hovers around $97,124, reflecting a consolidation phase as the cryptocurrency market evaluates its next directional move. Bitcoin The 1-hour chart reveals bitcoin (BTC) recently rebounded after touching a low of $95,758. It is now trading within a narrow range of $97,000 to $97,500. Current chart patterns show indecision, and tapering volume during this consolidation phase indicates traders are awaiting a breakout. A move above $97,500, confirmed by strong volume, could signal bullish momentum, while failure to sustain $96,500 may trigger a downside. Key technical indicators support this mixed outlook. The relative strength index (RSI)…