Author: NBTC

Bitcoin has surpassed $99,000 in a historic milestone, with the network hash rate reaching an all-time high. Bitcoin’s hashrate has achieved new highs, marking a significant milestone for the cryptocurrency’s network security and mining efficiency. Hashrate refers to the total computing power of all Bitcoin miners, and the current peak indicates that there have never been more miners online, actively securing the network. According to a new CryptoQuant report, this increase in hashrate comes after a drop following the latest Bitcoin halving event. Bitcoin Hashrate Hits All-Time High“After the halving, there was a noticeable decrease in hashrate, but with the…

While Ethereum continues to face challenges in regaining momentum, analysts point to several factors, including MVRV momentum and whale activity, to suggest a potential rally toward $10,000. Ethereum has been facing a challenging market environment, with its price struggling to stay at par with the broader bullish trend. Despite significant movements in other cryptocurrencies, Ethereum has yet to show signs of a robust recovery, sparking investor concerns. However, analysts are closely watching whether ETH can break through key price levels, including the $4,000 mark. In a post on X, analyst Ali Martinez pointed out that Ethereum could soon outperform Bitcoin…

Robinhood Markets Inc., renowned in the stock and crypto space, is set to acquire TradePMR, a Florida-based custodial and portfolio management platform for registered investment advisors (RIAs). The trading platform initiated this move to attract wealthier clients. This deal is valued at approximately $300 million in cash and stock. Significance of Robinhood’s Latest Deal Moreover, it is expected to close in the first half of 2025, according to a statement released by Robinhood. Through this acquisition, the trading platform aims to bridge the gap between its clients and TradePMR’s RIAs. The integration will allow advisors to connect with Robinhood’s client…

Listing the AIOZ Network in the Revolut app also means millions of users worldwide are now being introduced to Web3. Revolut is one of the most popular global financial super-apps with more than 45+ million users who can pay anywhere, do their banking, manage or at least set their weekly or monthly budget, or exchange currencies. $AIOZ is now listed on the @RevolutApp!Explore seamless fiat-to-crypto transactions across 36 currencies and dive into the AIOZ Network ecosystem, powering Web3 with AI computations, decentralized Storage, and Content Streaming.Trade $AIOZ on Revolut:https://t.co/t7L2hkRzYu… pic.twitter.com/FHvNxLmmly — AIOZ Network (@AIOZNetwork) November 20, 2024 Now, users can…

Switzerland-based asset manager 21Shares AG has enhanced its Ethereum Core exchange-traded product (ETP) by adding staking functionality and renamed it Ethereum Core Staking ETP. 21Shares Brings Staking to Ethereum Core ETP, Advancing European Crypto Offerings The updated product was launched on Tuesday and is now listed on major European exchanges including SIX Swiss Exchange, Deutsche Börse Xetra and Euronext Amsterdam. This development underlines 21Shares’ focus on expanding staking access for both institutional and retail investors in Europe by providing low-cost, innovative solutions in the competitive digital asset space. Trading under the ticker ETHC, the Ethereum Core Staking ETP is physically…

Tokenized U.S. Treasuries are a booming market, and now they are coming to the nascent crypto hub of El Salvador. NexBridge Digital Financial Solutions S.A de C.V, a digital asset issuer based in El Salvador that recently won digital asset service license from local regulators, has teamed up with Bitfinex Securities to offer the first regulated public tokenized T-Bill offering in the country. Opening for business on Tuesday, the new offering aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the companies said. The product’s goal is to raise…

The X account @susbarium affiliated with the Shiba Inu team has published a warning to the community, drawing its attention to the fact of the massive $100,000 SHIB burn that took place during the past 24 hours – 5,612,878,479 SHIB, according to Shibburn. Recent SHIB burn with 252,910% rise could be “quick attention play” The tweet said that there has been a massive burn of Shiba Inu coins worth roughly $100,000 today. The team behind the account pointed out that the SHIB army should stay cautious despite the huge amount of destroyed meme coins. According to the lengthy tweet, some…

Scallop, an advanced money market protocol on Sui blockchain, has announced the integration of Alchemy Pay’s On & Off-Ramp solution. This move simplifies the process for Scallop users to buy and sell cryptocurrencies, offering seamless access to digital assets. This can be done through diverse payment methods, including credit cards, mobile wallets, and bank transfers. .@Scallop_io, the leading money market on @SuiNetwork, has launched #AlchemyPay’s On and Off-Ramp on its DApp.Now, users can easily buy crypto, including Scallop’s native token, $SCA, using various payment methods in 173 countries, which encourages greater engagement within… pic.twitter.com/EfzBdzv9na — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway…

Ethereum (ETH) price has struggled to keep pace with other major cryptocurrencies this cycle. While ETH is up 32% year-to-date, its performance lags significantly behind Bitcoin’s 112% and Solana’s 115% gains. Among the top 10 coins, Ethereum has seen the least growth, outperforming only Avalanche. This lackluster performance highlights growing uncertainty around ETH, as key metrics like whale activity and net exchange flows suggest investors are cautious about betting on Ethereum. ETH Net Transfer Volume Was Positive for 6 Consecutive Days Ethereum’s Net Flow From/To Exchanges has shown notable fluctuations in recent weeks. Between November 13 and November 18, the…

Japanese investment firm Metaplanet saw its shares jump 15.1% on Tuesday after announcing an additional purchase of 124.1 BTC worth approximately $11.3 million. Japan’s Metaplanet Shares Soar 15% After Bitcoin Treasury Expansion The Tokyo-listed company said it purchased Bitcoin at an average price of ¥14.1 million ($91,266) per BTC, bringing its total assets to 1,142.2 BTC, worth approximately $104.8 million. This marks a significant move in the strategy to adopt Bitcoin as a strategic treasury reserve asset, a policy that was implemented in May. Metaplanet’s shares closed at 2,295 yen on Tuesday, with daily trading turnover reaching 21.9 billion yen…