Author: NBTC
Cancer-focused biotech Anixa Biosciences announced plans to invest in Bitcoin to strengthen its financial strategy and enhance shareholder value. The San Jose-based biotech firm stated in a Nov. 22 press release that it will allocate a portion of its treasury to Bitcoin (BTC), citing the asset’s “unique inflation-resistant qualities.” In a Nov. 22 press release, Anixa said the move has been approved by its board as part of a broader strategy to diversify its cash holdings. The biotech firm emphasized its “strong balance sheet and excess cash,” which allows it to pursue strategic financial initiatives, including diversifying treasury holdings with…
It’s been a tough week for ether as the second-largest crypto asset by market cap is down 8.7% against the greenback. Today, priced at $3,273 per ETH with a market capitalization of $394 billion and a 24-hour trading volume of $22.90 billion, ethereum oscillated within an intraday range of $3,192 to $3,322 on Jan. 11, 2025. Ethereum Ethereum’s daily chart highlights ethereum’s consolidation phase between $3,200 and $3,300, following a steep descent from $4,111 to $3,097. The presence of smaller candlesticks coupled with diminished volatility signals waning selling pressure. However, the absence of a definitive buying impulse leaves the market…
SUNDOG, a meme coin on the Tron blockchain, has launched an ambitious advertising campaign across 28 football stadiums in the UK, reaching over 20 million fans this season. This move, in turn, ignited a debate about its potential risks and rewards. SUNDOG’s Big Bet on Football SUNDOG’s advertisement in 420 games across the UK is part of its strategy to strengthen its presence in the football world. The campaign, targeting an audience of over 20 million football fans, will run throughout the Premier League and Championship seasons. However, the campaign has divided opinions within the crypto community. Some view it…
Zero-knowledge proofs experts predict continued growth and adoption of the technology ZKPs in 2025. They highlight improvements in proving performance and developer tools among changes that will make the technology more practical for privacy and scalability. Zero-Knowledge Proofs Poised to Revolutionize Finance and Other Sectors While the concept of zero-knowledge proofs (ZKPs) emerged in the late 1980s, the technology has gained significant traction in recent years. 2024, in particular, is seen as a pivotal year. From a significant increase in ZKP-related developer projects to growing regulatory interest, the past twelve months solidified ZKPs’ position as a critical technology with the…
Famed investor Jim Cramer continues to see upside in Bitcoin despite its massive year-to-date rally. Post-election optimism has sent Bitcoin price soaring to new highs of around $99,000 – and crypto-related stocks have rallied with it as well. Still, the Mad Money host dubs BTC a much better pick than the likes of MicroStrategy Inc (NASDAQ: MSTR). MSTR has pulled back in recent sessions but is still up more than 200% versus its recent low. Cramer sees Bitcoin as a winner Note that Cramer has not always been this constructive on the largest cryptocurrency by market cap. He once said,…
There is a reason for Ethereum fans to be optimistic, as expert analysis suggests that the cryptocurrency is going to touch the skies in the coming months. As Bitcoin has just crossed $94,000, Ethereum also shows signs of life and bounces back from its recent low and hints at the possibility of price explosion. A Quick Look At The Patterns Well-known crypto analyst Ali Martinez has found a bullish reversal pattern that can potentially take the price of Ethereum into much higher value. Trading at $3,281 at the moment, Ethereum has slipped below the middle line of its rising channel…
The Shiba Inu ecosystem team has confirmed that the Shibarium burn portal remains operational months after launch despite community concerns. Notably, concerns emerged after some community members questioned the functionality of the burn portal, known as Shib Torch, which launched in August 2024. In response, Kaal Dhairya, one of Shibarium’s developers, clarified the situation, confirming that the platform has already burned over 300 million SHIB tokens months after its introduction. The concerns began when Emrys, a member of the community, raised questions on X. He pointed out the lack of updates about the auto-burn feature, initially promised for January 2023.…
CoinRank, a crypto data and analytics provider, has announced its latest collaboration with Eos Stable Coin Chain. The partnership focuses on advancing stablecoin transfers to benefit consumers. CoinRank will reportedly utilize the high-performance blockchain infrastructure of ESCC to provide more flexible, scalable, and rapid stablecoin transactions. 🤝 @CoinRank_io x @ESCC_io Partnership 🎉 We’re excited to join forces with Eos Stable Coin Chain, the cutting-edge blockchain enhancing stablecoin transactions through #EOS and #EOS EVM architecture.From JPYWorld (JPYW) stablecoins to PassPay Wallet for secure transactions… pic.twitter.com/acxic5Z7dt — CoinRank (@CoinRank_io) January 11, 2025 EOS as well as EOS EVM architecture play a crucial…
Ethereum has faced a challenging start to the year, shedding 15% from its recent local highs and dipping to a low of $3,157. The altcoin leader’s decline comes amid heightened market volatility and uncertainty, with many investors reevaluating their positions following the recent selloff. However, despite the downturn, on-chain data suggests that underlying investor sentiment remains robust. According to data from IntoTheBlock, Ethereum saw significant outflows from exchanges this week, with net outflows surpassing $1.4 billion—the highest level since November. Such activity often signals strong accumulation trends as investors move their holdings off exchanges and into cold storage or other…
Billy Markus, who created the original meme-themed cryptocurrency Dogecoin in collaboration with Jackson Palmer, has issued an ironic post about DOGE, voicing how high he would like the coin’s price to go. Markus, known on social media as Shibetoshi Nakamoto, also commented on Dogecoin’s recent price movements. Shibetoshi wants DOGE to exceed IBM in market cap size Shibetoshi Nakamoto, known for his typical sarcastic and jesting manner of tweeting, published a post on the X platform, saying that he wants Dogecoin to reach a market capitalization of $210.27 billion and even surpass it. This way, Dogecoin would become bigger than…