Author: NBTC
In the past 24 hours leading up to January 24, 2025, Ethereum (ETH) has experienced a price increase of approximately 2.57% as the price currently stands at $3,395.47. This upward movement indicates a resurgence in buying interest, possibly driven by recent market developments and positive sentiment surrounding the platform’s technological advancements. Ethereum Price Analysis Analyzing the hourly chart, ETH has demonstrated a bullish trend. The Relative Strength Index (RSI) is approaching overbought territory, suggesting strong buying momentum. The Moving Average Convergence Divergence (MACD) has shown a bullish crossover, with the MACD line crossing above the signal line, indicating potential for…
The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025. It is anticipated that the market value of stablecoins will surpass $400 billion in 2025, thanks to the progress of U.S. crypto legislation and the rise in stablecoin usage worldwide. This could have a spillover effect on U.S. debt with a projection for its value to surpass $100 billion. It is likely that the stablecoin…
Ripple’s latest move to integrate XRP with SWIFT’s $25 trillion daily volume signals a seismic shift in global finance. This groundbreaking development is poised to unlock unprecedented liquidity, with trillions set to flow into XRP due to global debt restructuring. The CryptoTradingFund (CTF) Payment Rewards system will also channel trillions into the XRP Ledger, marking a new era for digital asset adoption. GateHub and XRPL Labs: A Strategic Alliance In an exciting partnership, GateHub and XRPL Labs have teamed up to revolutionize blockchain integration. GateHub, a leader in cryptocurrency trading, and XRPL Labs, creators of the Xumm wallet, aim to…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. During his first 12 hours in office, the 47th president issued 46 presidential actions. Some were expected: Donald Trump designated acting chairs of the CFTC (Caroline Pham) and SEC (Mark Uyeda). Others were promised, like the executive orders mandating a federal hiring freeze and declaring a national energy emergency. Some were symbolic: ordering the Gulf of Mexico to become the Gulf of America, and renaming Alaskan peak Denali to Mount McKinley. Trump got to work on his immigration crackdown, issuing two executive orders: “guaranteeing the states…
NetMind.AI has announced a strategic partnership with ShareX Network. This collaboration focuses on accelerating the development of two groundbreaking innovations aimed at enhancing the AI landscape and democratizing AI technology for broader access. The two key areas of focus in this partnership are AI Agent Applications and AI Compute Sharing & Real-World Asset (RWA) Flow. NetMind and @ShareX_Network have entered a strategic partnership focused on accelerating the development of 2 innovations:1️⃣ AI Agent Applications2️⃣ AI Compute Sharing & RWA FlowThis is how we democratize AI. pic.twitter.com/lQAncuLKVv — NetMind.AI (@NetmindAi) January 24, 2025 The primary goal of this partnership is to…
According to recent reports, Argentina’s leading companies collectively hold 1,300 Bitcoins in their portfolios. The South American nation has become a rising player in the global Bitcoin economy since Javier Milei took over as president. Now, analysts predict the country could follow El Salvador’s footsteps and go all in on crypto adoption this year. Bitfarms, Mercado Libre, and Globant are the trio of Argentine corporate entities leading Argentina’s BTC market activity. Argentina’s largest crypto-holding institutions Bitfarms is the largest holder, with 870 BTC. Founded in 2017, Bitfarms is a global Bitcoin mining firm operating 12 data centers in Canada, the…
The NFT market keeps climbing while crypto prices move in different directions, with Bitcoin reaching $104,000 as Ethereum pulls back from $3,300. According to CryptoSlam data, NFT sales volume has grown to $198.1 million, up 22.44% from last week. The market saw a strong influx of new traders, with both buyers and sellers increasing substantially. The weekly metrics show growing market activity: NFT sales volume rose to $198.1 million from $164.3 million NFT buyers increased 62.09% to 447,099 NFT sellers grew 44.53% to 319,002 Transactions dipped 4.04% to 1,413,428 Data from CoinMarketCap shows that the overall crypto market cap has…
Ethereum shows an uptrend based on its falling wedge pattern which suggests it may move to new price peaks shortly. Increasing whale investments in Ethereum shows investors believe the platform will grow stronger and stand alongside other digital assets going forward. Research of Market Value to Risk Value and Ethereum Foundation actions predict a price adjustment that may push ETH to $7,000. Ethereum continues to capture attention as analysts highlight exceptional indicators hinting at significant upward momentum. A convergence of innovative patterns, strategic whale accumulation, and recent movements by the Ethereum Foundation set the stage for a remarkable potential surge.…
Meta Platforms chief executive officer Mark Zuckerberg revealed that the social network is planning to invest about $60 billion to $65 billion in AI infrastructure as the company pursues AI-led growth. The capital expenditure is above Wall Street estimates of about $50 billion. The high capex disclosed today by Zuckerberg comes as the competition on the AI front continues to gather pace, with other tech giants announcing huge capex. This capital expenditure is expected to bolster the firm’s position in the AI sector as it competes against rivals like OpenAI and Google. Meta wants to develop AI infrastructure In the…
AI agents have brought about the new crypto pizza day after cooperating on social media to deliver a pizza to Jesse Pollak, developer for the Base chain. Luna Virtuals initiated the idea and the transaction after an interaction with Pollak on X. Luna Virtuals, one of the top Virtuals Protocol AI agents, sent out a pizza order for Base developer and Internet personality Jesse Pollak. Luna Virtuals contacted another agent from its connection network – AI Agent Byte – who then placed the order and used a crypto payment service. While ordering with crypto is not new, the Byte AI…