Author: NBTC

Alibaba Cloud, a prominent cloud computing platform, has announced an exclusive partnership with ZetaChain, an L1 blockchain offering cross-chain transfers. The partnership targets to drive the worldwide adoption of Web3 and blockchain technologies. The platform took to social media to reveal this development. With Alibaba Cloud’s cutting-edge infrastructure, supported by @CloudicianTech, we’re excited to join forces with @zetablockchain to enhance the network’s decentralization, security, and scalability while empowering developers to build Universal Apps that natively access all… https://t.co/95PfCC9USa — Alibaba Cloud (@alibaba_cloud) February 24, 2025 Alibaba Cloud and ZetaChain Join Forces to Offer Comprehensive support for Developers Alibaba Cloud is…

Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin started a fresh decline from the $99,400 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $98,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone. Bitcoin Price Dips Again Bitcoin price started a decent upward move above the $96,500 resistance zone. BTC…

A crypto whale has withdrawn 10 million PNUT tokens from Binance, equivalent to $6.1 million and accounting for 1% of the total token supply. According to Lookonchain, the tokens were transferred to a non-centralized exchange wallet labeled “76yGJ,” making the wallet the sixth-largest holder of PNUT. The withdrawal occurred at an average price of $1.641 per token. Over the past two days, another whale reportedly sold PNUT tokens to acquire 60.03 million MIRA tokens at $0.031 each, spending $1.87 million. However, the value of the MIRA tokens has since dropped to $1.2 million, resulting in an estimated loss of $600,000…

Mining Bitcoin just grew easier amid recent weeks’ crypto markets swoon, although the trend is unlikely to continue, experts in the space say. The network’s difficulty fell Sunday from over 114 trillion to 110.5 trillion, data provider CoinWarz shows. The drop comes as Bitcoin’s price has plummeted. On Wednesday afternoon, BTC traded below $83,000 for the first time since early November, according to crypto data provider CoinGecko. Declines in mining difficulty during bear markets are typical. As prices dip and demand for assets wanes, some companies may cut their mining capacity, pulling devices offline to conserve power. The latest drop…

BNB Smart Chain (BSC) is about to make cryptocurrency transactions easier and more user-friendly with its upcoming Pascal hardfork. Set to launch on the testnet on February 25, 2025, followed by a mainnet release in mid-March 2025, this upgrade significantly improves how users interact with their digital assets. Understanding the Pascal Hardfork The Pascal hardfork represents a major upgrade to the BNB Chain network, focusing on making blockchain technology more accessible to everyday users. By implementing features inspired by Ethereum’s EIP-7702 proposal, Pascal introduces native smart contract wallets and enhanced security measures that simplify the user experience while maintaining robust…

Hunter Horsley, chief executive officer at Bitwise, has predicted that 2025 is going to be the year of corporate Bitcoin adoption. “It feels like 2025 will be big year for new corporates adopting the Bitcoin Standard,” Horsley he said on social media. This comes after Bitwise recently filed for an ETF that tracks firms with Bitcoin treasuries. The ETF product will invest in companies that have at least 1,000 BTC on their balance sheets. Its weightings would be based on the size of Bitcoin holdings instead of the market cap, according to Bitwise’s regulatory filing. The list of eligible companies…

Tether, the world’s largest stablecoin, lost $2 billion from its market cap in December amidst the challenges posed by the European Union’s new Markets in Crypto Assets (MiCA) regulation. The MiCA regulation framework will take full effect from December 30, 2024. Exchanges Delist USDT Ahead of MiCA MiCA rules require stablecoin issuers to obtain certain licenses to operate in the European Union. Tether has apparently failed to meet MiCA’s stringent requirements, which could jeopardize its future in the jurisdiction. Hence, European exchanges have begun delisting Tether’s USDT stablecoin in anticipation of the regulatory crackdown. In response, according to CoinMarkCap, USDT’s…

On Saturday, 22nd February, the U.S. Office of Personnel Management (OPM) headed by Musk, sent emails to federal employees asking them to report their accomplishments from last week. According to more recent reports, the OPM will use AI to assess the employees’ responses. According to NBC News, Elon Musk’s DOGE is using AI to determine the usefulness of federal workers based on their weekly tasks. The responses will be fed into a large language model (LLM), an advanced AI system capable of understanding large textual data. Prior to sending the emails, Musk posted on X, “All federal employees will shortly…

Today, Meson Finance has partnered with Sonic to provide people with $USDC.e. Sonic is one of the most efficient EVM Layer 1, supporting Ethereum-based smart contracts and dApps, while Meson Finance allows clients to move USDC, USDT, and other stablecoins between different blockchains. Meson Finance’s partnership with Sonic Labs will now enable seamless USDC.e cross-chain transfers, enhancing stablecoin accessibility across 60+ blockchains with lower costs. 🔥Meson brings you USDC.e bridging on @SonicLabs!Sonic stands out as the top-performing EVM Layer1, offering a blend of speed, incentives, and cutting-edge infrastructure for DeFi.You can now seamlessly execute cross-chain swaps for #USDC and #USDT…

Bitcoin surged to $99.8K yesterday before taking a nosedive at $95,484, shedding the profits of the Christmas rally. Traders are becoming increasingly bullish, with speculation about Bitcoin reaching $110K to $117K. However, Santiment notes that historically, Bitcoin tends to hit $110K only when the crowd least expects it. Despite Bitcoin’s recent decline, the market is bullish on its long-term goals. But is the market overhyping the targets what is the realistic target BTC can hit in the upcoming bull market, let’s get the insights from analysts. Dan’s Bitcoin Prediction 2025 Dan Morehead, the CEO of Pantera Capital, predicts that Bitcoin…