Author: NBTC
In a recent conversation with Fundstrat’s head of digital asset strategy, Sean Farrell, it was posited that bitcoin could climb to $175,000 within the year. This statement came shortly after the firm’s co-founder, Tom Lee, asserted on CNBC that bitcoin is poised to be the top-performing asset of the year. Farrell’s Forecast: Bitcoin to Breach $175,000 Sean Farrell, the lead for digital asset strategy at Fundstrat, contends that bitcoin (BTC) could achieve a valuation of $175,000. He shared this insight in an interview with Zack Guzman of Coinage. “I do think that bitcoin gets to $175,000 this year and the…
The NFT sector continues to grow as the blockchains are making record gains with non-fungible tokens (NFTs). As per data shared by Phoenix, a prominent crypto analytical platform, Ethereum, Bitcoin, and Solana have emerged as the top blockchains based on their sales of NFTs during this week. TOP BLOCKCHAINS BY WEEKLY #NFT SALES VOLUME #Ethereum #Bitcoin #Solana #Mythos #Immutable #Base #Polygon #BNBChain #Blast #Flow #Panini #Cardano pic.twitter.com/MYB79wsFfx — PHOENIX – Crypto News & Analytics (@pnxgrp) January 24, 2025 The other top chains in this respect include Mythos, Immutable, Base, Polygon, BNB Chain, Blast, Flow, Panini, and Cardano. The remarkable volumes…
President Donald Trump’s memecoin, $TRUMP, has reached a market value of over $7 billion. While several prominent figures in the crypto industry have criticized President Trump’s memecoin launch, Cathie Wood, CEO of ARK Invest, has come forward to defend $TRUMP memecoin. Cathie Wood Defends $TRUMP .@ARKInvest CEO and CIO Cathie Wood says we don’t know if President Trump’s memecoin holds much utility, but Trump is “ushering in the next phase of the crypto revolution.” She speaks with @scarletfu, @kgreifeld and @EricBalchunas on “ETF IQ” https://t.co/YbD2ANk8TA pic.twitter.com/pxlEjL3ZUA — Bloomberg TV (@BloombergTV) January 22, 2025 In a recent interview, Wood stated that…
Stars cannot align more positively for crypto in the U.S., the world’s largest economy, if the latest media reports are anything to go by. Still, one key indicator shows a lack of excitement among U.S. investors. Late Thursday, Bloomberg reported that President-elect Donald Trump will likely issue an executive order announcing crypto as a national imperative or priority with a voice in his administration. Trump could also announce the creation of a crypto advisory that will advocate the digital asset industry’s policy goals. The report comes amid heightened expectations that Trump will announce an executive order supporting the creation of…
The cryptocurrency market witnessed a surge in activity today, highlighted by notable gains among a diverse set of tokens. As the market continues to showcase resilience and adaptability, several projects emerged as standout performers, capturing investor attention and driving optimism. Source: https://coinmarketcap.com/gainers-losers According to Coin Market Cap,At the forefront of today’s gainers is ARTiZ ($ARTZ), which experienced a remarkable price increase of 33.91%, reaching $1.21. With a trading volume exceeding $356 million, the token’s performance underscores strong market demand and heightened investor confidence. Analysts attribute ARTiZ’s surge to growing adoption within its ecosystem, signaling increased utility and engagement. Worldcoin, Virtual…
Liberland Prime Minister Justin Sun was seemingly completely absent from Donald Trump’s inauguration and all related events on Monday, despite claiming he’d be schmoozing with close allies of the new president. Protos previously reported that Sun and Liberland President Vít Jedlička would be in attendance at events including Trump’s swearing-in ceremony, the Starlight Ball, and the cabinet reception, as per the micronation’s press release. However, Sun’s name was removed from the document and only Jedlička’s name remained. Sun boasted during his 2025 Liberland pitch that he would be meeting close Trump associates Eric Trump and Steve Witkoff during the inauguration…
Solana-based decentralized exchange (DEX) finally launched its Jupuary airdrop today, with more than 2 million wallets eligible to receive JUP tokens. Jupiter is distributing 700 million JUP worth around $500 million. The airdrop started today, but eligible users will have three months to claim their tokens. The Highly Anticipated Jupuary Airdrop The Jupuary airdrop is valid for three distinct groups. The largest allocation is for token swappers, who will receive 425 million JUP tokens. Stakers will be the second largest recipients, with 75 million JUP airdrop. The final category includes active governance participants in the Jupiter ecosystem and community contributors.…
South Korea is speeding up its legislative efforts to regulate virtual asset accounts for corporations and stablecoins. Financial authorities have announced their commitment to finalizing policies in the coming months. At a monthly press conference on January 22, Financial Services Commission Chairman Kim Byung-hwan revealed plans to announce the authorities’ stance on corporate virtual asset accounts soon. U.S. Influence on South Korea’s Crypto Policies South Korea’s regulators are closely monitoring international developments, especially in the U.S., where the Trump administration is taking proactive steps toward crypto regulation. Chairman Kim noted that global trends significantly influence South Korea’s pace in institutionalizing…
Spot Bitcoin exchange-traded funds in the United States returned to an inflow streak on Jan. 16 as Bitcoin cemented its position above $100K ahead of President-elect Donald Trump’s inauguration ceremony. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $626.15 million in inflows on Thursday, extending their inflow streak for the second consecutive day, with over $1.3 billion entering the funds during this period. BlackRock’s IBIT attracted the lion’s share of inflows yesterday, drawing in $527.87 million from investors following a day of relatively weak inflows experienced by the fund. The asset manager’s spot Bitcoin ETF currently holds…
The short video platform Vine, once mentioned by Elon Musk, has launched a memecoin called VINECOIN. Shortly after its debut, VINECOIN’s market value skyrocketed to $18 million. Vinecoin Launched on Pump.fun Remembering all the fun we had building vine — Let’s relive the magic and DO IT FOR THE #VINECOIN CA: 6AJcP7wuLwmRYLBNbi825wgguaPsWzPBEHcHndpRpump — Rus (@rus) January 23, 2025 On January 23, Rus Yusupov, one of the founders of Vine, posted on the X platform announcing the launch of VINECOIN on pump.fun. He also shared a video to confirm that his account had not been hacked. He also stated, “All $VINE…