Author: NBTC
A widely followed cryptocurrency analyst and trader is leaning bullish on Ethereum (ETH) against its Bitcoin (BTC) pair. The analyst pseudonymously known as Credible Crypto tells his 459,100 followers on the social media platform X that after being bearish on the ETH/BTC pair for the last two years, “it’s time to start shifting bullish.” The widely followed analyst says that based on technical analysis, Ethereum could go up by at least 378% against Bitcoin from the current level to reach a new record high. “Based on the technicals I’ve shared on the ETH/BTC chart, I do think it’s not just…
In a latest development, MicroStrategy known for its significant Bitcoin investments and its exceptional 727% return over the past year, has issued a notice for the full redemption of its 0.0% Convertible Senior Notes due 2027. The company informed the trustee that it plans to redeem the outstanding notes, which have an aggregate principal amo0unt of approximately $1.05 billion, on February 24, 2025. Notably, holders of the notes can convert their investments into MicroStrategy’s class A common stock until 5:00 p.m. New York City time on February 20, 2025. The conversion rate is 7.0234 shares per $1,000 principal, which equals…
Celestia, top player dealing with modular blockchain technology, has introduced an upgrade proposal. The proposal aims to increase the peak block size to 8MB on Celestia mainnet. The platform took to social media to announce this proposal. https://t.co/UFMRvn41Aa — Celestia 🦣 (@celestia) January 21, 2025 Celestia’s New Upgrade Proposal to Boost Block Size to 8MB Goes Live on Mainnet Celestia disclosed that the proposal for the increase of the block size is currently live on mainnet. The proposal focuses on upgrading the full block size to 8MB on Celestia mainnet. As it is currently live under the label “Proposal #5,”…
Gary Gensler, the former chair of the U.S. Securities and Exchange Commission, has officially lost his gray government checkmark on the X social media network. This marks the end of the agency’s Gensler era, which tends to be associated with a crackdown on the broader cryptocurrency industry. The cryptocurrency community celebrated the symbolic removal of the checkmark as the start of a new chapter for cryptocurrency regulations in the U.S. After billionaire Elon Musk took over the social media network and rebranded it to X, it started applying multiple visual identity signals beyond the original blue checkmarks. It introduced gold…
Today, Orochi Network announced a strategic partnership with Tangle Network to develop the adoption and growth of decentralized technologies. Orochi Network is a blockchain network that uses the power of ZKPs (zero-knowledge proofs) to address challenges of data correctness, computation limitation, and data availability in Web3 applications. It utilizes ECVRF and MPC to develop distributed nodes of trustless randomness of all forms of Web3 applications. On the other hand, Tangle Network is a blockchain platform committed to improving security and privacy in digital transactions and supporting multi-chain zero-knowledge (ZK) applications. Tangle Network offers a platform for privacy-preserving and decentralized applications.…
While the expectation that the Bitcoin price will rise to much higher levels continues, CryptoQuant CEO Ki Young Ju said that the BTC price could reach $161,000. Speaking at the 2025 Virtual Asset Conference held in South Korea on January 16, CryptoQuant CEO stated that there is new capital inflow into the market and supports the rise. At this point, Ju noted that Bitcoin could potentially rise to $161,000 given the total capital inflow entering the market. Ju stated that according to technical indicators, the BTC market has not yet reached an overheated state and that further increases are on…
Ethereum founder Vitalik Buterin has outlined a detailed vision for the platform’s growth and development through 2025. Vitalik Buterin Outlines Ethereum’s 2025 Strategy: Layer 2 Is at the Center of Expansion In his latest article, Buterin emphasized that Layer 2 (L2) scaling solutions will be the cornerstone of Ethereum’s path forward, ensuring the network remains scalable, secure, and adaptable in the face of increasing adoption. Emphasizing the importance of L2 technology, Buterin argued that this technology provides the best way to address Ethereum’s scalability issues without compromising decentralization. As decentralized applications (dApps) and user demand continue to grow, Ethereum must…
This is a segment from the Empire newsletter. To read full editions, subscribe. At face value, President Trump is well on his way to giving crypto what it wants. A US government strategic crypto reserve. Or maybe it’s a stockpile. Is there a difference? Anyone interested in wading into that debate is well covered on X and so on. Same goes for those keen to moralize the implications of US government agencies accumulating coins other than bitcoin — perhaps even ones backed by funds and entities controlled by appointed officials like venture capitalist David Sacks. I’m taking a different path.…
Kenya is considering a policy that would require crypto providers to establish local offices in an effort to enhance regulatory oversight. Kenya is mulling a new policy that would require crypto businesses to open local offices, aiming to tighten oversight of the country’s fast-growing virtual asset industry, Bloomberg has learned, citing a draft law on the National Treasury’s website. The proposed law would exclude businesses dealing with assets that can’t be traded, transferred, or used for payments outside a closed system. According to the document, the policy “seeks to close the gaps in the absence of a legal and regulatory…
REVOX, a popular on-chain AI ecosystem, has announced a strategic collaboration with ChainOpera AI, an advanced operating system using blockchain and AI technologies for AI applications and agents. The partnership aimed at revolutionizing the decentralized AI realm while prioritizing privacy at the same time. REVOX’s endeavor pays significant attention to advancing the boundaries of decentralized technologies. 🌟REVOX x @ChainOpera_AI Partnership Announcement!🌟ChainOpera AI: A Layer 1 blockchain designed for co-owning and co-creating decentralized #AIAgents and applications. Powered by Federated AI OS™, it drives scalable and innovative AI solutions. Together, we’re building… pic.twitter.com/okIOR1Bz1H — REVOX (@readonme3) January 24, 2025 Both platforms intend…