Author: NBTC

Bitget is partnering with Jambo, a blockchain-native mobile network, to raise funds for a satellite launch. Jambo hopes to raise $5 million through a token sale and fund its satellite launch to expand access to decentralized services. This news comes from an exclusive press release shared with BeInCrypto. Bitget and Jambo Aim for the Stars Bitget, one of the world’s leading crypto exchanges, has set quite an ambitious goal with this Jambo collaboration. Jambo, which launched in 2022 to become “the WeChat of Africa,” released a blockchain-based phone last year through a partnership with Aptos. Bitget CEO Gracy Chen described…

Reaching an unprecedented price of $94,585.23 on Binance, Bitcoin (BTC) continues to dominate the cryptocurrency. The surge coincides with the fear and greed index by CoinMarketCap registering a figure of 84, firmly placing market sentiment in the “extreme greed” zone. It is not the highest point of late, though. Previously, on Nov. 16, the indicator reached a high of 86, with Bitcoin trading at $87,930 with $133.67 billion in trading volume. The newest all-time high was reached when the Bitcoin trading volume totaled just $76.14 billion. While Bitcoin is grabbing most of the market’s attention with its price gains, other…

As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as Hashprice Climbs Miners have seen a marked increase in profitability as BTC exceeded the $105,000 threshold on Fri. On Jan. 13, hashprice descended to its lowest level within the past 30 days, with the valuation of 1 PH/s estimated at $52.22, per data from hashrateindex.com. By today, this figure has climbed to $60.85 per petahash, reflecting a 16.53% increase since…

THORChain, a decentralized liquidity platform, has announced the support for Coinbase’s Ethereum L2 network Base. THORChain’s support for Base enables streamlined cross-chain swaps of Base assets along with the other chains like Dogecoin, Ethereum, and Bitcoin. The platform took to social media to disclose this swap support. https://t.co/ISsFbXVCQN — THORChain (@THORChain) January 16, 2025 THORChain Integrates Base to Offer Cross-Chain Swaps to Users for Wider Accessibility THORChain claimed that it has integrated Base, enabling the trading of BASE.USDC and BASE.ETH for the users. Additionally, BASE.cbBTC has also been whitelisted in the case of pool creation while it will be completely…

Yat Siu, president and co-founder of Animoca Brands, predicts that in 2025 there will be a return of opportunities in the metaverse sector. In his speech, Siu analyzes what role Play-to-Earn, the NFT market, and crypto might return to have. Metaverse 2025 and the return of opportunities: the statements of Yat Siu of Animoca Brands Metaverse 2025: category crypto and NFTs The prospects of Siu of Animoca Brands The year in which crypto adoption goes mainstream Metaverse 2025 and the return of opportunities: the statements of Yat Siu of Animoca Brands In a blog post, Yat Siu, president and co-founder…

Macro investor Luke Gromen claims that Bitcoin (BTC) is poised to outperform gold as a preferred investment. He attributes this potential to Bitcoin’s unique advantages, including a favorable stock-to-flow ratio and an expanding network effect, which could bolster its long-term value. Gromen argues that Bitcoin’s performance will remain strong even in the absence of governmental endorsement from the U.S. Contents hide 1 What Makes Bitcoin More Valuable Than Gold? 2 How Should Investors Navigate Bitcoin’s Volatility? What Makes Bitcoin More Valuable Than Gold? Gromen points out that Bitcoin’s stock-to-flow ratio is significantly higher than that of gold, suggesting that as…

Stablecoin issuing giant Tether is closing down its euro stablecoin, EURT. “After careful consideration, we have made the decision to discontinue support for EUR₮,” the firm said in a press release on Wednesday. Users will be able to redeem tokens until Nov. 27, 2025, the post added. The decision comes as digital asset businesses operating in the EU are in crunch time before region-wide regulations, known as MiCA, enter into full force by the end of this year.MiCA requires stablecoin issuers to get compliant or potentially retreat from the market of 450 million consumers. Tether CEO Paolo Ardoino has been…

SEC’s Republican commissioners are preparing to overhaul the agency’s crypto policies as President-elect Donald Trump takes office, according to a Reuters report. Commissioners Hester Peirce and Mark Uyeda are set to begin reforms as early as next week, focusing on clarifying crypto asset securities classifications and reviewing enforcement cases. Sources familiar with the matter indicate the agency may pause or withdraw some non-fraud litigation. The policy shift comes as Paul Atkins, Trump’s nominee for SEC Chair, is expected to reverse the regulatory approach of outgoing Chair Gary Gensler. Atkins, a former SEC commissioner, is anticipated to implement more crypto-friendly policies…

The World Gemological Institute (WGI) has launched a groundbreaking collaboration with fintech company Vaultik to tokenize $3 billion worth of luxury goods, including diamonds and gemstones, watches and jewelry, on the Hedera blockchain. It aims to modernize the $100 billion diamond industry with a distributed ledger. This ensures the authenticity and transparency of certified assets, as well as security. Under the new agreement, all goods certified by WGI will receive a blockchain-based digital certificate. This ensures immutable verification of their origin, classification, authenticity and ownership. One of the most innovative aspects of the system is the fact that insurance can…

BTC/USD Bitcoin hit new record high on acceleration above 94K on Wednesday, lifted by growing expectations for more crypto-favorable conditions under incoming Trump’s administration. Break above the top of seven-day consolidation range generated initial signal of continuation of larger uptrend after bulls paused to consolidate recent strong post-US election gains. As I mentioned in my previous comments, overall sentiment remains very positive and tends to strengthen further on expectations for more friendly environment for cryptocurrencies and particularly for the bitcoin, the world’s biggest and best known cryptocurrency. Trump and his team pointed to enormous potential of bitcoin, which might be…