Author: NBTC
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -3.43% today against the US Dollar Ethereum is currently trading 10.35% below our prediction on Mar 31, 2025 Ethereum dropped -24.68% in the last month and is down -44.18% since 1 year ago ETH price is expected to rise by 10.88% in…
Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power. Canaan Eyes U.S. Growth with Pennsylvania, Texas Mining Sites Canaan (Nasdaq: CAN) entered a three-year colocation agreement with Mawson Infrastructure Group affiliate Mawson Hosting LLC for a Midland, Pennsylvania, facility. A separate 24-month hosting agreement covers a site in Edna, Texas. Most of the 4.7 EH/s hashrate is expected to be operational by Q2 2025, according to the announcement. Canaan CEO Nangeng Zhang stated the partnerships align with the company’s…
DFZ Labs, the creators of the Ethereum NFT project Deadfellaz, will launch a new asset verification tool that allows users to connect online and offline assets without signing transactions or accessing a website. Coldlink, now in beta, enables blockchain users to connect their blockchain address to any asset in Web2, Web3, or real life without incurring the security risk of blind signing or smart contract approvals, DFZ Labs said. “To ‘Coldlink’ something is to connect any digital asset safely to anything else without granting permissions to the wallet holding the asset,” DFZ Labs pseudonymous CEO Betty told Decrypt. “Among many…
Key Bitcoin indicator turns bearish for the first time since October — Will this week’s U.S. economic data trigger more pain?
Bitcoin’s first bearish signal since October is here. With key U.S. data ahead, traders are on edge — will BTC hold support or break lower? Table of Contents Bitcoin faces uncertainty A big week for economic data Volatility ahead? Bitcoin faces uncertainty Bitcoin (BTC) is treading on shaky ground as it struggles to reclaim six figures, with investors bracing for key economic data that could dictate the market’s next move. On Jan. 20, Bitcoin soared to a record $109,114, coinciding with Donald Trump’s inauguration as the 47th U.S. president. Since then, it has dropped about 11%, trading at $97,300 as…
The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to the newly released Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced nonfinancial assets, while certain tokens are treated akin to equity holdings. The updated manual, published on March 20, marks the first time the IMF has integrated detailed guidance for digital assets into its global statistical standards. Crypto without liabilities The framework divides digital assets into fungible and nonfungible tokens, with further distinctions based on whether they have a corresponding…
Stuart Alderoty, Ripple’s top legal mind, recently told CNBC that the fight for “clear” and “fair” crypto regulation would continue after the company’s resounding victory against the U.S. Securities and Exchange Commission (SEC). He added that Ripple would continue to spearhead it. Earlier this week, Ripple announced that the SEC would abandon its controversial appeal against the company. This came after the agency also dropped several high-profile cases against such heavyweights as Coinbase and Kraken amid its aggressive push to stop crypto enforcement. Notably, the enterprise blockchain company is yet to withdraw its cross-appeal. It is unclear whether Ripple would…
Ethereum (ETH) is once again trading above the $2,000 mark after several days of struggle, offering a glimmer of hope for investors looking for a recovery. The second-largest cryptocurrency has faced intense selling pressure in recent weeks, losing over 38% of its value since late February. Panic spread through the market when ETH broke below the key $2,000 level and later plunged under $1,800 — a move that signaled weakness and raised fears of a deeper correction. Despite the volatility, market sentiment is beginning to shift. Some investors now believe that the worst may be behind Ethereum, and a slow…
Ethereum scaling solution Soneium has integrated interoperability framework Hyperlane, enabling its developers to build cross-chain dApps and token bridges. Hyperlane has launched on Soneium (SONY), an Ethereum (ETH) layer-2 blockchain founded by Sony Group Corporation and Startale. Hyperlane is live on @Soneium!Developers on Soneium can now build interchain apps and token bridges that connect across 140+ chains!Expansion. https://t.co/xp3DXAum0B pic.twitter.com/hEBQgJMyEm — Hyperlane ⏩ (@hyperlane) March 25, 2025 The integration with Hyperlane is instrumental for Soneium’s goal of empowering its developers with third-party tools that facilitate building and launching dApps. With Hyperlane’s cross-chain interoperability, developers on Soneium will be able to create…
Metaplanet has just announced its full-year 2024 financial results, revealing impressive plans for the future. The company intends to acquire 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. To fund this, Metaplanet will issue 21 million shares in moving strike warrants. This ambitious strategy marks a significant milestone for both the company and the Bitcoin world. But it’s not just the Bitcoin acquisitions that have caught attention. Metaplanet is also rebranding its Hotel Royal Oak Gotanda into something unique—“The Bitcoin Hotel.” This Bitcoin-focused accommodation will cater not only to existing guests but also…
Not much is going on in the cryptocurrency market, especially with the price of the Shiba Inu (SHIB) token, lately. It has been a week since the largest liquidation event in the history of the digital asset market, and the SHIB price seems to be stuck in a tight range between $0.000017 and $0.00001475, neither rising nor testing local lows. However, the lack of action on the price chart does not mean that there is nothing going on at all, as most of the activity takes place “behind the scenes,” in the on-chain realm. Thus, as became known thanks to…