Author: NBTC
Shortly before the President-Elect again became the President on January 20, the Trump family on a controversial meme coin offensive with the OFFICIAL TRUMP (TRUMP) and Official Melania Meme (MELANIA) cryptocurrencies drew the bulk of the attention. As could be expected, the Donald Trump-themed digital asset – either a cynical cash grab or a blockchain equivalent of a commemorative coin or stamp – proved to have the most staying power and attracted the most investor interest. In fact, by press time on January 23, TRUMP enjoyed a total spot volume of some $38 billion – a daily average of about…
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions. Brazilian State-Owned Company Petrobras Researches Bitcoin Mining Integration Bitcoin mining is starting to be considered by large oil companies in the world. Petrobras, a Brazilian state-owned company that produces nearly 3 million crude barrels, is now researching the integration of bitcoin mining into its processes. The objective of this implementation would be to develop a business model capable of implementing these operations to lower the…
The Bitcoin MVRV Z-Score has historically been one of the most effective tools for identifying market cycle tops and bottoms in Bitcoin. Today, we’re excited to share an enhancement to this metric that makes it even more insightful for today’s dynamic market conditions. What Is the Bitcoin MVRV Z-Score? The MVRV Z-Score is derived by analyzing the ratio between Bitcoin’s realized cap (the average acquisition cost of all Bitcoin in circulation) and its market cap (current network valuation). By standardizing this ratio using Bitcoin’s price volatility (measured as the standard deviation), the Z-Score highlights periods of overvaluation or undervaluation relative…
Shytoshi Kusama, the Shiba Inu ecosystem lead, highlights SHIB’s achievements while reacting to complaints about Ethereum Foundation’s limited engagement with developers. According to a recent X post, Cygaar, a blockchain developer and Abstract Chain contributor, expressed frustration with the Ethereum Foundation for not engaging with him or any of the Abstract Chain team members despite the project’s significant contributions to the Ethereum ecosystem. The developer noted that this communication is imperative to help both teams figure out how best to help one another. Notably, Cygaar mentioned that Abstract chose to build a Layer-2 blockchain on Ethereum to scale the network.…
Cambodia may not grab the headlines as a blockchain hub, but the Southeast Asian nation has been quietly growing its blockchain-based payments system for five years. It has now issued new regulations that outline how banks can handle stablecoins and tokenized assets. In China, the city of Guangzhou is reigniting residents’ interest in the digital yuan, launching an action plan to promote the People’s Bank of China’s (PBoC) central bank digital currency (CBDC) in public sector salaries, the metro system, and more. Cambodia quietly advances blockchain framework The National Bank of Cambodia (NBC) published a new legal framework for the…
Agora, a blockchain governance startup, is set to acquire its competitor Boardroom. The company framed the acquisition as a strategic move to enhance governance within the broader Ethereum ecosystem, citing expectations of renewed growth in decentralized governance due to President Trump’s promise of regulatory clarity for the blockchain industry. “2025 is the year we make good governance the standard for all protocols in Ethereum,” Agora co-founder Yitong Zhang told CoinDesk. Agora was founded in 2022 by Zhang, Charlie Feng, and Kent Fenwick. The trio initially started working on governance tooling at Nouns DAO, one of the buzzier blockchain protocols to…
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth. Miners Exceed 35% Network Share The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Jan. 23, 2025, it was penned by Bitcoinminingstock.io author Cindy Feng. Did you know that public Bitcoin mining companies collectively account for more than 35.26%…
American aerospace technology giant SpaceX has become one of the biggest beneficiaries of the ongoing Bitcoin (BTC) price boom. According to data platform Arkham Intelligence, the rocket manufacturer has seen a $700 million profit in its Bitcoin holdings. SpaceX and Bitcoin Bet As an Elon Musk-owned firm, SpaceX is one of the earliest corporate buyers of Bitcoin. Per the Arkham data, the firm currently holds a total of 8,285 valued at approximately $851,462,677.55. SPACEX IS UP $700M ON BITCOIN SINCE 2022 pic.twitter.com/CRPjiPmabx — Arkham (@arkham) January 17, 2025 Per the data intelligence platform, SpaceX has seen the price of its…
With Ethereum in the middle of a major restructuring, the conversation about decentralization took an unexpected turn. Ripple CTO David Schwartz joined the discussion, offering a measured defense of Vitalik Buterin’s methods, even as debates over centralized decision-making continued to dominate talks. Buterin recently made some major changes to the Ethereum Foundation on his own, and people are feeling all kinds of ways about it. He is clearly set on addressing leadership gaps and getting more people involved. But these changes have also made it clear that there are some tensions in the Ethereum vision. Can decentralization and a single…
As Donald Trump prepares for his first cabinet meeting as president, many of his handpicked officials have been revealed to be significant cryptocurrency investors, according to financial disclosures submitted as part of the nomination process. From Bitcoin to Solana, several of Trump’s nominees have embraced digital assets, signaling a potential crypto-friendly administration. Here’s a closer look at the announced portfolios of some key cabinet picks. The former US House representative from Wisconsin and Trump’s pick for Secretary of Transportation has the largest crypto portfolio among the announced candidates: Bitcoin: $500,000 to $1 million in personal wallets. Fidelity Spot Bitcoin ETF:…