Author: NBTC
Crypto prices are experiencing a rocky Monday due to poor U.S. macroeconomic data and rampant profit-taking. Bitcoin (BTC) has dropped 1.8% in the past 24 hours to $91,800, a price not seen since Dec. 5, the day it broke through $100,000 for the first time. The largest cryptocurrency has fallen more than 14% from its Dec. 17 record of $108,278. Ether (ETH) has lost less, falling 0.7% to $3,320, though it’s now 17% below its December highs, and still has not surpassed the record $4,820 it hit in 2021. Solana (SOL) is also proving a little stronger than bitcoin, with…
Shiba Inu ecosystem team officially starts 2025 with a bang as it confirms the launch date of its highly anticipated token TREAT. This was confirmed yesterday in an X post from TREAT’s dedicated X account. According to the team, TREAT’s highly anticipated launch is scheduled for this month, January 2025. However, the team did not confirm the exact day of the month TREAT will make its official debut. TREAT Launch Delay The team has been hinting at the potential launch of TREAT over the past two years. For context, it introduced TREAT in 2022, characterizing the token as Shiba Inu’s…
PDX Global’s crypto-to-fiat app, PDX Beam, is now available on Apple’s App Store and Google Play allowing 800,000 merchants to accept crypto. According to a press release sent to crypto.news, the crypto-to-fiat payment app has been integrated into the Clover payments processing network. This means around 800,000 merchants on the Clover network will be able to use the PDX Beam platform to accept cryptocurrency payments. PDX Beam is the first direct crypto-to-cash payment platform that caters to the needs of merchants and consumers. It is now available for Apple devices and Google Play Store users. Through PDX Global’s payment app,…
Trader earned $1.25M by spending 82 SOL to acquire 26.8% of BUZZ token supply. Trader spent 49 SOL to secure a first-mover advantage in the BUZZ token launch. Token sniping demands timing precision but offers extraordinary returns in volatile crypto markets. According to blockchain analytics platform Lookonchain, a crypto trader made a remarkable profit of 6,008 SOL, worth approximately $1.25 million, in just 8 minutes by sniping BUZZ tokens. This profit highlights the exciting, yet risky, opportunities in the fast-moving crypto world. Trader Nets $1.25M in 8 Minutes Lookonchain brought this impressive trade to light, showcasing that the trader spent…
Bybit, the 2nd-biggest crypto exchange in terms of trading volume, has announced a landmark development. As per Bybit, the crypto exchange has accomplished the complete accessibility of the liquidation data through its improved API. The development sets an exclusive benchmark for the other platforms. This significant move elevates the platform’s position among the leading companies when it comes to transparency. In this respect, Bybit now provides traders, analysts, and institutional investors with granular and real-time insights into the latest market dynamics. Bybit Makes Liquidation Data Completely Open for Public Access According to Bybit, the move to make the liquidation data…
Whenever concerns surrounding Bitcoin’s long term prospects’ going in a negative direction surface, a common refrain of dismissal is “Well tell us what to do about it then.” This is used to dismiss all concerns of regulation leading to regulatory capture, of deeper involvement of certain entities leading to higher risks to the consensus process, of any type of failure mode that involves Bitcoin’s censorship resistance and ability to enable freedom eroding really. “Well what’s your plan?” Use Bitcoin. Bitcoin consensus orbits around two important variables, economic actors and miners. Economic actors decide whether a set of consensus rules has…
Data from the popular decentralized prediction platform Polymarket shows that the odds of an XRP ETF getting approved in 2025 have increased to 70%. Notably, this poll was launched four days ago. Since then, the crypto community has continued to bet aggressively on the chances of the XRP product coming to fruition this year. In particular, this latest figure signifies a massive 20% uptick in the last 24 hours. XRP ETF odds Additionally, a much older poll launched early last month asked about the odds of XRP ETF approval by July 31, 2025. Currently, this poll indicates a 49% chance.…
Binance Alpha, a newly launched platform within the crypto exchange’s Web3 wallet, continued its asset onboarding process by listing new tokens, including B3, FLUID, TOKEN, CPOOL, and DRIFT. The newly listed cryptocurrencies will give Binance users an expanded investment opportunity and access to greater liquidity. https://twitter.com/DeFlow_Intern/status/1892853863562301683 Independent Tokens with Unique Functions Although Binance listed the crypto tokens together, they are still independent of each other, each with specific purposes to provide value for users. For example, B3 is a Web3 gaming-focused cryptocurrency that prioritizes user experience, game interoperability, and developer accessibility. Related: Why Binance Alpha’s Pre-Selection Pool Is a Game…
Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced fresh acquisitions. Bitcoin (BTC) traded near the $91,000 level on Monday, Dec. 30, down by 15% from its highest level this year, and technicals suggest that it has more downside. This decline persisted despite MicroStrategy announced it had acquired 2,138 more Bitcoins last week, marking the eighth consecutive week of purchases and bringing its total holdings to 446,400. Tether also added 7,630 Bitcoins, increasing its total holdings to over $7.7 billion. Other large companies, including Marathon Digital, Riot Platforms, and Hut 8 Mining, have also continued to…
Half of the top 10 decentralized science (DeSci) projects by market capitalization were launched in 2024, according to a recent chart shared by Messari. This rapid emergence of this segment of the crypto market highlights continued innovation and growing interest. The chart, based on CoinGecko data as of December 30, 2024, compares the market caps of the top 10 DeSci projects over the past year. The data shows strong performance across the board, with many projects growing substantially. Market Leaders and Trends in DeSci OriginTrail tops the list with a market cap over $350 million, up from $200 million at…