Author: NBTC
The world’s largest crypto exchange, Binance, just experienced a mass exodus of Ethereum (ETH). According to a report from Whale Alert, 24,600 ETH, worth about $78.12 million in current prices, just left the exchange in a single tranche to an unknown destination. The recipient wallet, with the address “0xe9b,” that received these millions in the major altcoin is unknown to Whale Alert’s database. However, Arkham’s more sophisticated data identifies this address as StakeStone — a liquidity-providing protocol that operates within the Berachain ecosystem and allows Bitcoin and Ethereum to be staked in an optimized manner. Maybe this was just a…
Today, the hot topic on the cryptocurrency market is Donald Trump’s inauguration. In addition, the memecoins that Trump and his wife have released and the rise they have experienced are also being talked about a lot. At this point, while the launch of memecoins named TRUMP and MELANIA attracts attention, an investor earned $47.5 million from his MELANIA investment. According to Lookonchain’s post, an investor created 2 wallets to buy MELANIA and earned $47.5 million! 7Aud…KnVR wallet spent 2,100 SOL (worth $560k) to buy 1.52 million MELANIA. The investor who then sold all of his MELANIA tokens for 46,453 SOL…
Swell has announced its trailblazing partnership with LIFT, aimed at merging artificial intelligence (AI) and Web3. this collaboration promises to redefine real-time intelligence for developers, businesses, and content creators. Through this strategic alliance, LIFT’s state-of-the-art AI technology is providing scalable and streamlined decentralized solutions to various industries. Both partners, by joining hands, strive to focus on real-time data extraction with AI-driven insights. Moreover, this collaboration unveils new opportunities to revolutionize the future of gaming, decentralized ecosystems, and content creation. Swell, a decentralized solution provider, has witnessed the partnership via its official X account. Swell Utilizes LIFT’s Advanced AI-Powered Solutions Swell…
Donald J. Trump won as the 47th POTUS and ushered in quite a Bitcoin and stocks rally. Now, that rally has met unforeseen problems. According to data from IntoTheBlock, there has been a significant drop in the amount of Bitcoin held by short-term traders. Per on-chain data, short-term BTC reserves have reached the lowest point since mid-November 2024. Analysts attribute this to reduced interest from speculative traders. Also, there is a decline in new market entrants. The trend also suggests the market is consolidating as investors await clearer price movement signals. In addition, several traders on social media have pointed…
A significant activity is noticed in the decentralized finance (DeFi) ecosystem on Polygon. In the Polygon ecosystem, Uniswap ($UNI) emerges as a leading decentralized application (dApp) by weekly volume. As per the data shared by DappRadar, Uniswap has surpassed $514 million in weekly transactions past week, securing the weekly top position of decentralized applications (dApps). This advancement has strengthened Uniswap’s position as an emerging DeFi platform on the network. TOP #POLYGON DAPPS BY WEEKLY VOLUME #Uniswap #QuickSwap #Polymarket #ParaSwap #1inch #WOOFi #Balancer #Odos #Primex #GammaStrategies pic.twitter.com/DouUIeoVBK — PHOENIX – Crypto News & Analytics (@pnxgrp) January 28, 2025 QuickSwap ($QUICK) and…
Ethereum has underperformed Bitcoin across most metrics this year, remaining in a technical bear market after declining by 22% from its 2024 highs. Ethereum (ETH) has dropped to $3,200, hovering near its lowest level since December 2024. This decline is attributed to the Ethereum Foundation’s continued selling of its large ETH holdings and the network losing market share to competing chains like Tron (TRX) and Solana (SOL). Still, several factors suggest Ethereum may be poised for a bullish breakout, potentially reaching $5,000 in the coming weeks. First, Ethereum’s price historically performs well in February. Since 2019, Ethereum has posted positive…
The enigmatic SHIB lead developer known to the meme coin community under the pseudonym Shytoshi Kusama has turned his eye to fudders and issued a major warning, slamming those who are spreading fear, uncertainty and doubt (FUD) about Shiba Inu and its ecosystem. Kusama sends message to fudders The mysterious SHIB lead has issued several tweets today, in which he touched on several important subjects related to crypto in general and SHIB in particular. Besides, he has hinted that the developer team is going to have a lot of work to do this week. Kusama slammed those who continue to…
Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s Energy Economy As detailed in a report by the West Kentucky Star, Doug Handley, an executive at Paducah Power, informed city officials that three digital currency operations currently source energy from the facility. Per the report, Handley characterized the arrangements as mutually advantageous, praising the miners’ negligible physical presence and their unfailing, around-the-clock financial transactions with the utility. The report highlights Handley’s assertion that…
The Web3 e-commerce platform CDARI operates on Matchain’s BNB Chain and has formed a crucial strategic partnership with the next-generation web3 wallet Squirrel Wallet. Through their strategic partnership, these organizations focus on redesigning decentralized asset management systems by integrating cutting-edge AI processes alongside cross-chain interoperability and robust security protocols. 🚀 PARTNERSHIP ANNOUNCEMENT 🚀We’re thrilled to join forces with Squirrel Wallet! 🌟Squirrel Wallet is redefining the Web3 experience with:✅ Multi-EVM support for seamless cross-chain trading✅ AI-driven portfolio management & RWA tokenization✅ Blockchain-based Digital… pic.twitter.com/11MwoT2dBq — CDARI (@cdariofficial) January 27, 2025 Focus on Security and Advanced Features The partnership focuses primarily on…
I’ve been in Bitcoin for eight years now, and one of the hardest things I’ve faced is explaining Bitcoin to someone new. Whenever someone asks, “What is Bitcoin, and why is it important?” I struggle to give them something short and impactful. I’ve always sent people to resources like Mike Maloney’s Hidden Secrets of Money or Saifedean Ammous’ The Bitcoin Standard. Don’t get me wrong—both are excellent. But let’s be real: Maloney’s 10-part video series and Ammous’s 300+ page book can overwhelm beginners. That’s why I’m so excited about this new Bitcoin explainer video by Joe Bryan titled “What’s the…