Author: NBTC
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…
Giza, a Web3 agent developer, has announced that ARMA, its autonomous yield optimization agent, would be launching on the Base network, according to the reports shared with Finbold on January 29. As Giza’s primary yield optimization agent, ARMA will allow for autonomous stablecoin position management, removing the need for active user intervention within the network. Automated DeFi management Decentralized finance (DeFi) often requires active management across multiple protocols, which is usually not only complex but also risky. ARMA mitigates some of the problems associated with this model by scanning markets, analyzing cross-chain data, and executing strategies in real time. This…
TL;DR Ethereum launched Ethproofs.org, a platform to analyze and improve the performance of zkEVM protocols and advance toward full validation with zk-SNARKs. Ethproofs aims to reduce block validation times from 20 minutes to 12 seconds by 2025, enhancing the network’s scalability and security. The Ethereum Foundation is also preparing the Pectra upgrade in March, optimizing speed and data handling. Ethereum has announced the launch of Ethproofs.org, a platform designed to analyze and enhance the performance of zkEVM protocols on its network. The goal is to accelerate the adoption of zk-SNARKs, a technology that enables more efficient and secure block validation.…
Charles HOSKINSON, the founder of Cardano, outlined some of the key themes for the project in a recent social media post. One of the key themes will be the implementation of Bitcoin’s decentralized finance (DeFi) into Cardano. Cardano will also focus on scalability with Ouroboros Leios, a new variant of the Ouroboros family that could significantly increase throughput. Leios could potentially help Cardano challenge competitors like Solana. The developers are expected to work on a variety of integrations. Hoskinson said he has already set up a meeting with Chainlink. Hoskinson also recently revealed that his team is in talks with…
Bitcoin miner Riot Platforms (RIOT) finds itself a target of a second activist investor, with Reuters reporting investment management giant D.E. Shaw as having taken an unspecified stake. The move by D.E. Shaw, which manages $70 billion in assets, comes just weeks after another activist investor, Starboard Value (roughly $9 billion in AUM), took a position in Riot. At the time of Starboard’s investment, the WSJ reported the investor as pushing Riot to convert some of its bitcoin mining sites into data centers that could host machines to enable high-performance computing (HPC) for big tech companies. Reuters didn’t specify if…
As blockchain technology continues its surge to mainstream acceptance, a new report predicts a market capitalization spike for the Blockchain-as-a-Service market to new highs. According to the report by Stellar Market Research, the sector is expected to reach a market capitalization of $71.3 billion before the end of 2030. Currently valued at around the $8 billion mark, the report projects a compound annual growth rate of 37% before the end of the decade. Blockchain-as-a-Service (BaaS) are cloud-based solutions designed to smoothen the curve for enterprises keen on integrating blockchain into their existing operations. These tailor-made services allow users to manage…