Author: NBTC

Bitcoin surpassed $100,000 in the last 24 hours. However, this was short-lived and BTC fell back to $99,000. While the US inflation data announced yesterday was shown as the reason for the rise in Bitcoin, analysts said they expect the BTC price to rise further as Trump’s inauguration ceremony approaches. US President-elect Donald Trump’s upcoming inauguration sets the stage for strong gains in both stocks and cryptocurrencies, according to 21Shares crypto analyst Matt Mena. Mena emphasized that falling inflation and pro-growth policy expectations create a favorable environment for new highs in cryptocurrencies. “December inflation data suggests the last major macroeconomic…

Solana now processes an average of 60 million daily transactions compared to Ethereum’s 1 million, proving that scalability matters more than reputation in today’s blockchain wars. Is Ethereum dead? Table of Contents Ethereum’s fight for relevance The Ethereum Foundation’s identity crisis The Second Foundation: A competing vision for Ethereum’s future? Prominent figures take aim at Ethereum’s path forward Community and developers turn their back on Ethereum Ethereum’s fight for relevance From being celebrated as a pioneer in smart contracts to now facing relentless competition and internal discord, Ethereum’s (ETH) journey has started to look less like a steady climb and…

Crypto migration in Korea increased 2.3x in 2024 compared to 2023. Vague regulation in Korea is weakening its competitiveness in the crypto and Web3 space. From being a niche industry limited to tech enthusiasts to becoming a trillion dollar industry with widespread adoption across the globe, the crypto industry witnessed massive growth over the years. Despite the growing adoption of cryptocurrencies, global countries have not yet formed clear regulatory policies for the industry. South Korea is one of those countries with a lack of crypto regulation but it gained popularity as one of the largest crypto markets in the world.…

The UK’s Financial Conduct Authority(FCA) faces growing calls for overhaul as criticisms over incompetence, dishonesty, lack of transparency, unaccountability, and lacklusterness mount. FCA is one-half of the UK’s twin peak regulators, complimented by the Prudential Regulation Authority. A parliamentary report accusing the regulator of uninspiring behavior has heavily criticized it. FCA has admitted that it inappropriately delayed the public’s freedom of information requests, confirming the parliamentary accusations. The criticism extends beyond parliament. Independent reviews have previously faulted the FCA for its handling of collapsed firms. Some of those firms include London Capital & Finance and the Connaught Income Fund. Former…

Band Protocol has selected Router Protocol as the first Data Tunnel provider for the upcoming Band v3 upgrade. The Data Tunnel is one of the three main components of Band v3, which aims to broadcast the accumulated price data from BandChain to other blockchains and smart contract platforms. This mechanism improves cross-chain communication and allows developers to easily access real-time decentralized asset prices. We’re thrilled to announce @routerprotocol as the first Data Tunnel provider for Band v3! This collaboration is set to revolutionize how price data flows across blockchains and the Web3 Ecosystem.👉 Full Announcement: https://t.co/HGoNheQrbE pic.twitter.com/qEQfYpwkWx — Band Protocol…

With the Bitcoin price back above $100,000, there have been discussions about what could mark the cycle top for the flagship crypto. Crypto analyst Tony Severino has provided some insights on this, revealing around what price target the market top could be considered. Potential Cycle Top For The Bitcoin Price In an X post, Tony Severino suggested that the cycle top for the Bitcoin price could be around $170,000. This came as he noted that a 90% surge could take the flagship crypto to this price level. He added that it is at this level that the cycle tops can…

Institutional interest in Ethereum (ETH), the second cryptocurrency by market cap, may be heating up again, according to a recent tweet by on-chain analytics platform Spot On Chain. Five wallets suspected of belonging to the same entity made significant movements within 19 hours, depositing $29.2 million in USDT to HTX (previously Huobi) and withdrawing 9,018 ETH at an average price of nearly $3,237.50 during the recent market drop. More institutions are accumulating $ETH!In the past 19 hours, 5 wallets (likely one entity) deposited 29.2M $USDT to #HTX and withdrew 9,018 $ETH at ~$3,237.5 during the dip.Interestingly, these wallets withdrew the…

ARKW, also dubbed “Trump 2.0”, is up +31% since the election Bitcoin is now the largest holding in terms of market cap in Cathie Wood’s ARK Next Generation Internet ETF, an investment product that focuses on Internet and tech-focused businesses and assets. As the hosts of the Bloomberg ETF IQ noted in their latest show, BTC now accounts for 12% of the fund’s $1.8 billion market cap. Interestingly, the fund’s 2,033 BTC allocation is not even close to breaking the top of the Bitcoin rich list despite the massive $215 million valuation at current rates. 📈 $BTC leads all holdings…

Stellar Validators propose a new upgrade to significantly increase its ledger read or write limit while improving the event size limit. A successful implementation is expected to improve longer swap routes and the exchange rate of tokens in Soroswap. In our last update, we discussed the groundbreaking launch of the Soroban Smart Contract capability on the Stellar mainnet. Fascinatingly, the Stellar Validators have indicated their plans to enhance its functions through a proposal called SLP-0001. Analyzing the release, CNF discovered that the complete upgrade would enable more advanced Decentralized Applications (DApps) on the Stellar network. In doing so, the performance…

‘’We’re embracing the future with crypto and leaving the slow and outdated big banks behind’’, President Donald Trump declared, signaling a shift in his administration’s approach to digital assets. The vision was formalized on Thursday, when signed an executive order establishing a working group on digital asset markets. The order reaffirms the administration’s commitment to key crypto principles, including coding transparency, self-custody, and fair banking access, aiming to integrate blockchain technology responsibly into the U.S. financial system. This idea of blending blockchain with traditional financial systems is bold, and Graphite Network offers the means to make it happen with its…