Author: NBTC

Kain Warwick, Synthetic founder, has bought 13,768.6 Hypertokens ($HYPE) worth $21.77 each, spending a total of $300,278 in the deal. He spent $300,278 of USDC on Arbitrum to purchase $HYPE tokens in Hyperliquid. When Warwick bought $HYPE tokens, it demonstrated increased demand for the token among users. Synthetix’s founder, Kain Warwick (@kaiynne) bridged 300K $USDC to #Hyperliquid ~2 hours ago, buying 13,768.6 $HYPE at $21.77 each!Meanwhile, the Hyperliquid Assistance Fund’s daily $HYPE purchase volume kept on surging over the past 2 days, reaching 392,130 $HYPE (~$8.24M) at… https://t.co/ivE0TIfP6I pic.twitter.com/aZwbw3R7Nv — Spot On Chain (@spotonchain) January 21, 2025 Daily $HYPE Purchases…

Bitcoin (BTC) has rebounded to trade above $99,000 following its significant dip earlier this week. While the latest US Consumer Price Index (CPI) news appears to have contributed to this quick recovery, it has also drawn attention from analysts, who are closely monitoring key metrics to understand the market’s next move. A CryptoQuant contributor known as Crypto Dan recently provided insights into Bitcoin’s current market behavior. Highlighting the Short-Term Spent Output Profit Ratio (SOPR), Dan observed that the metric has shown a recurring pattern during correction phases. This pattern, he noted, typically dampens market optimism before a subsequent rebound. Despite…

After years of scandals, including the spectacular implosion of FTX, Blockstream is betting that deep-pocketed investors are ready to revisit bitcoin investment strategies that provide passive income, especially if they do not have to compromise on safety. The Montreal-based company, led by cryptography pioneer and Satoshi Nakamoto’s first collaborator Adam Back, is making a move into asset management with a set of funds under its new Blockstream Asset Management (BAM) division. Though investors now have access to a variety of bitcoin instruments—from spot and futures ETFs, funds targeting 2x bitcoin returns, MicroStrategy’s convertible bonds, and even Coinbase’s newly revived bitcoin-backed…

The cryptocurrency market witnessed remarkable movements today, with several tokens posting significant gains across diverse sectors. Among them, CANTO stole the spotlight with a near 97% surge, highlighting a bullish sentiment sweeping across the market. DAILY GAINERS$CANTO +96.8% $SWARMS +43.6% $SYNTH +38.2% #AIAGENT +38.2% $ZEX +20.0% $STRIKE +17.7% $VGX +17.5% $SWFTC +16.7% $AMPL +14.5% $RAY +10.4%#dailygainers pic.twitter.com/igMD6lefYZ — PHOENIX – Crypto News & Analytics (@pnxgrp) January 21, 2025 According to the Phoenix Group,CANTO emerged as the standout performer of the day, with its price nearly doubling to $0.03 and a market cap of $18.3 million. The decentralized layer-1 blockchain project…

Bitcoin crossed the $100,000 threshold today, briefly reaching an intraday peak of $100,715 before easing back to $99,700 at press time. Bitcoin Hits $100K High on Wave of Trump Administration Speculation This price milestone represents a critical psychological and market-level achievement for bitcoin, accompanied by broader gains across the cryptocurrency sector. XRP and XLM posted increases of 10% and 12%, respectively, while VIRTUAL stole the spotlight with a 30% rise, making it the top-performing asset of the day. Bitcoin tapped an intraday peak of $100,715. The market’s upward momentum appears to be driven, in part, by speculation surrounding potential policy…

Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development. ByteDance has a lineup of firms to benefit from the initiative ByteDance plans to use the money to develop AI infrastructure such as data centers, and networking equipment, according to the unnamed sources. The Reuters article shows that ByteDance has a lineup of big tech…

The TRUMP meme coin, inspired by U.S. President Donald Trump, has been one of the most talked-about assets in the crypto market since its debut over the weekend. The coin sparked a trading frenzy, attracting hundreds of thousands of new traders. On-chain data now reveals some fascinating insights into the coin’s trading behavior, including who made significant profits and who lost big. Massive Trading Frenzy and Sharp Decline in Activity In the first four days following the launch of TRUMP, the token attracted a staggering 929,543 new on-chain traders. The peak of this frenzy occurred on January 18, with 42,208…

Bitcoin has crossed $100,000 for the first time in 2025, triggering renewed optimism in the crypto market. BTC surge had earlier taken it to $103,000 in early December 2024, making analysts mull over its trajectory. Investors are now looking at if rally signals sustained momentum or just a brief uptick to invoke retail interest. 📊 Crypto markets have ignited new optimism as Bitcoin briefly crossed above $100K for the first time in 2025. Was the bounce just to get retailers excited again, or is this just the beginning of another great year? We investigate in our latest insight. 👇https://t.co/qNvqKJR3Sl —…

Amid a broader market pullback, Ethereum is testing a crucial support level. Will the price of ETH hold steady for a potential bounce? With the broader market remaining bearish and Bitcoin dipping to $101,000 levels, Ethereum has dropped 3.75% over the past 24 hours. Breaking below the $3,200 support level, Ethereum’s market cap has fallen to $385.15 billion. Accordingly, Ethereum’s seven-day return has now dropped to negative 5.12%, with its price trend suggesting a pullback to the $3,100 support level. Could this lead to an extended correction? Ethereum Price Analysis On the daily chart, Ethereum’s price trend continues to show…

While speaking at the World Economic Forum at Davos on Jan. 23rd, president Donald Trump announced plans to force the Federal Reserve into cutting interest rates without delay, escalating what will likely become a renewed battle with the central bank. “I’ll demand that interest rates drop immediately,” Trump said. “And likewise, they should be dropping all over the world. Interest rates should follow us all over.” While he didn’t explicitly name the Federal Reserve, the implication was clear, setting the stage for friction with Fed Chair Jay Powell, who has repeatedly said the institution’s independence from political interference. During his…