Author: NBTC

Last year – 2024 – proved outstanding for cryptocurrencies as multiple digital assets broke to new all-time highs (ATH), U.S. regulators approved multiple spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), and Americans voted in the most blockchain-friendly administration and legislature to date. As Finbold research found, such positive developments also brought an increase in the number of Bitcoin ATMs installed worldwide by 2,217 within 366 days – a 6.02% year-over-year (YoY) rise. The United States remained dominant, commanding an impressive 81.27% of the market share. It entered the new year with 31,505 machines—3.6% or 1,094 more than on…

As Bitcoin bounces back, Ethereum is on the verge of taking off from the $2,600 support level. With an intraday surge of 0.72%, Ethereum is preparing to create a morning star pattern. Will the bull run in Ethereum bounce off with a breakout rally to hit $4,000? Let’s find out. ETH Chart Signals Potential Reversal In the daily chart, the Ethereum price trend reveals a bearish breakdown of a falling wedge pattern. During the breakout, the Ethereum price dropped from the 50% Fibonacci level at $3,315 to the crucial support of $2,600. Ethereum price chart Currently, Ethereum trades at a…

Aethir, a decentralized cloud GPU infrastructure, has launched the Aethir 2.0 update. Aethir 2.0 introduces new features, as well as improvements to the token and governance models. Using Sophon ZK Chain is much cheaper and faster per transaction, and the expansion to LayerZero Core makes the multi-chain solution useful. Optimized staking protocols increase AETH rewards, and decentralized governance gives the community control over Aethir’s growth. Aethir 2.0 significantly increases the available GPU resources by adding new cloud hosts and staking partners around the world. The introduction of NVIDIA H200 GPUs into the Web3 compute cycle puts the company at the…

The European Central Bank (ECB) has introduced a regulatory framework allowing non-bank payment service providers (NB-PSPs) to access Eurosystem central bank payment systems. This move marks a shift in the region’s payments ecosystem. It enables payment institutions and e-money firms like stablecoin issuers to connect directly to key infrastructures such as SEPA and TIPS without relying on traditional banks. According to the regulation: “The eligibility of NB-PSPs to access Eurosystem central bank operated payment systems is aimed at increasing the efficiency and smooth functioning of the retail payments sector, including, but not limited to, facilitating the provision of instant payments…

B2 Network, a popular platform offering cutting-edge BTC L2 solutions, has announced a new partnership with KLK Foundation, an open banking platform. The partnership aims to expedite the advanced fund settlement ecosystem of KLK. The collaboration pays considerable attention to revolutionizing Web3 banking. We’re thrilled to collaborate with @KLK_Foundation , a non-profit organization accelerating Klickl’s next-gen fund settlement network and shaping the future of Web3 banking!Backed by industry experts, KLK is committed to breaking geographical and financial barriers, bringing… pic.twitter.com/DpF2U9Kw0q — B² Network | BTC Layer2 (@BSquaredNetwork) February 12, 2025 This collaboration will integrate the advanced solutions to strengthen user…

It has taken roughly three weeks for bitcoin to come out of the woods, skyrocket past $100,000, and tap a yearly peak of over $101,000. This came after the most recent MicroStrategy purchase, which is sort of unexpected given the developments after the previous such occasions. CryptoPotato reported last Monday, just after the NASDAQ-listed giant announced its then-latest BTC purchase, that the cryptocurrency plunged hard, going from over $94,000 to a monthly low of $91,300. Interestingly, similar price drops transpired after each of the previous MicroStrategy, otherwise bullish acquisitions. Now, though, the largest digital asset went on the offensive within…

The change in customs duty rates initiated by US President Donald Trump has shaken cryptocurrencies to a great extent. While Bitcoin (BTC) and altcoins experienced significant declines, the price of Ethereum (ETH) fell by approximately 37 percent in a short period of three days following Trump’s tax statements. While the Ethereum price is still in a downtrend, ETH short positions have reached a new all-time high, increasing by 500% since last November. According to The Kobeissi Letter, short positions in Ethereum have reached a new all-time high, increasing by 40% in the past week and by 500% since last November.…

Nexo is expanding its award-winning Nexo Card into new European markets, including Switzerland and Andorra.— As part of Nexo’s 2025 Growth Plan, this milestone reflects increasing demand for innovative payment solutions across the region. The expansion marks a significant step in providing seamless, crypto-backed financial services to more users, reinforcing Nexo’s position as a pioneer in the industry.The Nexo Card offers a unique blend of debit and credit functionalities, with a 62% adoption rate among eligible users in the European Economic Area (EEA). It enables users to leverage stablecoins for inflation protection, securing over $1.3 billion in Bitcoin (BTC) and…

Auradine’s latest bitcoin miner, a U.S.-designed ASIC chip, is making waves in the mining hardware market after tests demonstrate an efficiency comparable to Bitmain’s leading miner. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Auradine’s AT2880 Challenges Chinese ASICs Mining service provider Bitsbetrippin’ has reviewed the performance of Auradine’s AT2880 hardware, a U.S.-designed bitcoin ASIC chip and miner system poised to compete with Chinese incumbents. BitsBeTrippin’ founder Michael Carter shared a review video on Monday featuring two Auradine AT2880 miners, demonstrating an efficiency…

Cwallet has officially announced a new strategic collaboration with SunPump, BitTorrent, APENFT, WINkLink, and JUST Foundation. The goal of this partnership is to advance blockchain based strong ecosystem through development and usage. The news was shared on Cwallet official X account. Cwallet is thrilled to announce a strategic collaboration with @sunpumpmeme @BitTorrent @apenftorg @WinkLink_Oracle @DeFi_JUST to drive the growth of the blockchain ecosystem! 🌍 By joining forces, we aim to enhance innovation, expand utility, and provide users with a more… pic.twitter.com/j3z2YYxX0v — Cwallet (@CwalletOfficial) February 12, 2025 Cwallet Joins Forces with Top DeFi & NFT Platforms for Growth These organizations…