Author: NBTC
Bitcoin price continues its bullish sideways movement. In the calm, analysts flock to other potential altcoins. Ethereum shows strong signs of setting new ATHs in $8,000 price range. Bitcoin (BTC) continues on its path of slow sideways movement with its price currently at $104,000 between $101,000 and its latest ATH at $109,114.88. With its current slow movement and steady dips to prices below $106,000, analysts are slowly shifting sights to promising altcoins that could experience an immediate price surge. Altseason Peak Nears One of the biggest expectations for Q1 of 2025 is for the arrival of the peak of this…
A survey by Hong Kong’s brokerage firm Futu reveals that Gen Z is highly optimistic about crypto, seeing three times more potential in Bitcoin than in real estate. A new survey by Hong Kong brokerage firm Futu Securities shows that Gen Z is rewriting the financial playbook. Instead of chasing the traditional dream of homeownership, this generation is betting big on Bitcoin (BTC) and other tokens. According to the survey, Gen Z is three times more optimistic about crypto than real estate, signaling a major shift in how they view financial security. Hong Kong’s newspaper The Standard, citing data revealed…
The price of Worldcoin (WLD) jumped 25% Wednesday to $2.40, leading the crypto market after President Donald Trump teased a $500 billion AI investment initiative around industry giant OpenAI. Trump said during a press conference Tuesday that a new company, dubbed the Stargate Project, will invest “at least” $500 billion in AI infrastructure for ChatGPT creator OpenAI over the next four years, such as data centers being built in the heart of Texas. Private-sector companies like OpenAI, Oracle, and the Japanese conglomerate Softbank are among Stargate’s initial equity investors, according to a joint press release. The company has also chosen…
With U.S. President Donald Trump granting clemency to Ross Ulbricht, online discussions have sparked a wave of discussions about whether Trump might extend a similar pardon to Roger Ver. Social media platforms and forums have been abuzz with the topic, even prompting a response from X owner Elon Musk, who stated he would “inquire” when asked about Ver’s situation. Elon Musk Promises to ‘Inquire’ About Roger Ver’s Freedom Amid Growing Momentum Jan. 21, 2025, marked a pivotal moment as President Trump issued a full and unconditional pardon to Ross Ulbricht, the creator of the Silk Road. Trump described Ulbricht’s sentencing—two…
As the Bitcoin market steps into 2025, investors are keenly analyzing seasonal trends and historical data to predict what February might hold. With Bitcoin’s cyclical nature often tied to its halving events, historical insights provide a valuable roadmap for navigating future performance. By examining historical data—including Bitcoin’s average monthly returns and its post-halving February performance—we aim to provide a clear picture of what February 2025 might look like. Historical average monthly performance of Bitcoin. Monthly data set is from December 2010 to latest monthly close. Source: Bitcoin Magazine Pro Understanding Bitcoin’s Seasonality The first chart, “Bitcoin Seasonality,” highlights average monthly…
Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain’s liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million. This move has drawn parallels to the 2022 collapse of Terra/Luna, with Sunny Aggarwal, Co-Founder of Osmosis, a decentralized exchange in the Cosmos (ATOM) ecosystem, commented on the situation to crypto.news. “The situation unfolding with THORChain is eerily similar to what happened with Terra/Luna implosion in 2022, where the protocol’s solvency was too heavily dependent on the price performance of the native token,”…
VeChain has introduced the VeChain Renaissance upgrade for economic sustainability. The upgrade will occur in three phases: Galactica, Hayabusa, and Intergalactic. VeChain (VET), a public blockchain facilitating supply chain management, moves forward with key ecosystem upgrades. VeChain said the recent updates will fortify the platform against challenges in the regulatory landscape and technological breakthroughs. VeChain Renaissance Upgrade: A New Era for VeChain As it prepares for the journey, the platform highlighted that the upcoming VeChain Renaissance will usher the blockchain into a new era. As CNF discussed earlier, one key objective of this upgrade is to reimagine tokenomics. https://t.co/XooYllLKxC —…
A note issued by the National Data Protection Authority, Brazil’s data protection institution, has announced that it is actively monitoring the activities of World, the project previously known as Worldcoin, in the country. Given the risks associated with processing biometric data, the authority has requested information on the tasks performed by the company. World Faces Increased Supervision From Brazilian Data Protection Institutions World, the project formerly known as Worldcoin, is facing increased scrutiny in its data collection activities from Brazilian authorities. The National Data Protection Authority (ANPD), Brazil’s data watchdog agency, issued a note reminding World’s operations are being monitored…
Bitcoin (BTC) has been trading within a narrow range for the past few weeks, failing to steady above the $100,000 mark since the beginning of the year. According to a crypto analyst, this price stagnation could be attributed to the significant decline in Bitcoin network activity. Bitcoin Sees Decline in Network Activity In a recent report, pseudonymous CryptoQuant analyst Yonsei_Dent found that the decline in activity on the Bitcoin network is responsible for its price consolidation in recent weeks. Dent assessed Bitcoin’s active address count and found that a “death cross” has formed between its 30-day moving average (30DMA) and…
On January 21, Solana apps accounted for 73.3% of all crypto app earnings within the day, significantly outpacing networks like Binance Smart Chain (BNB) and Ethereum. The blockchain’s app revenues have been recording highs since the second half of 2024. According to data from decentralized apps aggregator DefiLlama, SOL apps’ dominance saw competitors Binance Smart Chain (BNB) and Ethereum secure only 9.44% and 6.46% of daily earnings, respectively. 🚨BREAKING: @Solana apps hit a new milestone, capturing 73.3% of all crypto app earnings in a single day.– BNB: 9.44%– Ethereum: 6.46% pic.twitter.com/Ras6z72SlV — SolanaFloor (@SolanaFloor) January 22, 2025 Ethereum’s app ecosystem…