Author: NBTC

Bitcoin continues its record-breaking bull run, setting a new all-time high (ATH) every few days. The cryptocurrency recently surged close to the highly anticipated $100,000 milestone. This achievement has been fueled by strong activity from whale investors and long-term holders (LTHs), who have played a pivotal role in Bitcoin’s rally. Bitcoin Whales Accumulate Whale addresses have been steadily accumulating Bitcoin over the past month, adding 56,397 BTC worth approximately $5.42 billion. This consistent buying pressure has significantly supported Bitcoin’s price action, driving it to new highs. Whale activity is considered a bullish indicator, as these large investors often influence market…

Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists and collectors to create, buy, and sell digital artworks. However, ongoing challenges in the NFT industry and difficulties in securing additional funding prompted the decision. 1/6 MakersPlace Announces Market Exit 🔳After 6 incredible years of supporting digital art, MakersPlace is ceasing operations. Here’s what it means for our artists, collectors, and supporters—and how we’re ensuring a smooth transition. 🧵↴ —…

Star Xu, the founder of crypto exchange OKX, has teased the upcoming launch of a secret Bitcoin-focused business, set to debut in February. Speaking at the “OKX New Year’s Dinner” in Da Nang, Xu shared limited details about the venture, describing it as a significant step toward driving industry innovation and accelerating mass adoption of cryptocurrencies. As revealed by Chinese correspondent Colin Wu, the specifics of the project remains under wraps, as the product is still undergoing refinement. “We aim to contribute to industry innovation and accelerate mass adoption,” the OKX founder and CEO said, adding, “I’ll keep it a…

Cannes Mayor David Lisnard has unveiled plans to train local merchants on accepting cryptocurrency payments as the city prepares to host the Ethereum Community Conference later this year. Lisnard announced the initiative via LinkedIn, highlighting Cannes’ commitment to supporting cryptocurrency payments as part of its broader Web3 strategy. In preparation for the 8th edition of EthCC, scheduled to take place from June 30 to July 3, 2025, the city government will organize training sessions for merchants to integrate crypto payment systems. The first session, set for February 4 at the Palais des Festivals et des Congrès, will cover key areas…

Bitcoin has jumped to $98,370, its highest-ever price as bulls target $100,000. The flagship cryptocurrency has rallied higher since Donald Trump’s re-election on Nov. 5 Bitcoin’s march towards $100,000 continued Thursday as the benchmark crypto asset broke past $98,000 for the first time ever. Having hit $97k earlier in the day, BTC showed no mercy to the bears as its price stormed to a record high of $98,370 on Coinbase. At the time of writing, the cryptocurrency traded higher by 5.5% in 24 hours, pushing the asset’s market cap to above $1.94 trillion. Analysts: “parabolic” phase begins after Bitcoin breaks…

Beijing representatives have debunked rumors that it is considering selling the video-sharing platform TikTok to ‘Doge Father’ Elon Musk amid regulatory hurdles. In a statement reported by the BBC, Chinese government officials insisted that they do not plan to hand over control of TikTok US to continue operations. The representative specifically branded the widespread rumor a “pure fiction.” TikTok Not Pursuing Contingency Plans For context, earlier, on Monday, Bloomberg reported that representatives of Beijing-based TikTok are evaluating the options required to keep the video-sharing platform running in the United States. One option, according to the report, is selling the widely…

Shiba Inu developer Dhairya reacts to a disclosure suggesting the potential integration of Chainlink’s CCIP for Shibarium, the ecosystem’s layer-2 network. Shibarium, the layer-2 blockchain network for the Shiba Inu ecosystem, is on the verge of integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a move that could improve its interoperability. This development came to light when The Bus, a prominent Shiba Inu community figure, analyzed code details involving the integration. He shared screenshots of the codebase highlighting details of Shibarium’s possible integration with CCIP. The screenshots show a “PriceRegistry” smart contract, which facilitates the conversion of token amounts across blockchain networks.…

South Korea’s leading cryptocurrency exchange Bithumb has announced the addition of Adventure Gold (AGLD), Cobak Token (CBK), and Hippocrates (HPO) to its KRW trading market. Bithumb to List AGLD, CBK and HPO on KRW Market Starting January 16 Listings will go live on January 16, 2025 at 18:00. Listing Details Adventure Gold (AGLD) Market: KRW Network: Ethereum (other networks not supported) Starting Price: 2,914 KRW Deposit Approval: 33 approvals Description: AGLD powers the Adventure Layer project, which aims to solve scalability issues in blockchain games. Cobak Token (CBK) Market: KRW Network: Ethereum Starting Price: 1,505 KRW Deposit Approval: 33 approvals…

Bitcoin has reached a crucial price level and secured an enormous win with a $62 billion surge in open interest that opens the way for further growth, as it is fuel for the asset’s future growth. The price chart of Bitcoin is highlighting a substantial breakthrough from the descending channel, which triggered a move toward $100,000. The 50 and 200 day moving averages are also looking bullish, aligning perfectly, suggesting a positive market continuation trend. The open interest chart, though, looks much more bullish. The record-breaking surge in Bitcoin open interest is clearly showing the market’s desire to recover. The…

Elon Musk promised to slash $2 trillion from federal spending. His quirky “Department of Government Efficiency” (D.O.G.E), commissioned by President Trump, was supposed to trim the fat off America’s bloated budget. But reality and a fragile economy might force him to scrap the project altogether. Now Elon himself has admitted that the goal is a moonshot. Speaking in an interview on X (formerly Twitter), the eccentric billionaire downgraded his $2 trillion goal, saying, “We’ve got a good shot at $1 trillion.” Experts were quick to remind him that even this toned-down goal borders on fantasy. The entire discretionary budget is…