Author: NBTC
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…
Cryptocurrency Assets of Donald Trump’s Cabinet Published! Which Ones Did They Prefer The Most?
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:…
Bitcoin surged past the $100,000 mark early Friday, fueled by optimism as traders prepare for President-elect Donald Trump’s inauguration on January 20. The largest crypto asset by market cap gained over 5% in the last 24 hours, rising from an intraday low of $97,500 on Thursday to over $103.5K at press time. The week began with Bitcoin dropping below $90,000 due to stronger-than-expected labor data. However, it rebounded after favorable CPI figures were released on Wednesday. Comments from Federal Reserve Governor Christopher Waller, suggesting multiple interest rate cuts in 2025, further fueled the recovery. The anticipation of Trump’s pro-crypto policies…
Despite being praised as the second most significant cryptocurrency, Ethereum has found it difficult to keep up with its leading rivals, such as XRP and Solana. Over the course of the last month, XRP and Solana saw increases of 36.9% and 32.2%, respectively, while Ethereum’s market capitalization fell by 4.7. Many ETH traders have become frustrated by this extreme disparity and are beginning to doubt the asset’s present direction. The market’s perception of Ethereum has been gradually changing as more focus is directed toward assets that are performing better. For instance, XRP and Solana have gained attention due to their…
Kingdom Holding, the investment firm of Saudi Arabian Prince Alwaleed Bin Talal, won’t invest in cryptocurrency in the near future because it has not been adopted as a payment method for goods and services, CEO Talal Ibrahim al-Maiman said, Reuters reported. The prince, a senior member of the Saudi royal family is known for his Warren Buffett-style value investing approach and, like him, has consistently shunned crypto. The company’s estimated $13.6 billion in assets are held in a diversified portfolio that includes holdings in finance, hospitality, health care, media, technology and real estate companies. “We support Mr. Buffet’s theory that…
According to cryptocurrency analytics platform CryptoQuant, Ethereum’s transaction fees have been consistently more expensive than those of Bitcoin over the past few months. The graph shared by CryptoQuant CEO Ki Young Ju shows that Bitcoin’s media fees (orange bars) have consistently remained in the $0.50-$3.00 range. Meanwhile, Ethereum’s fees (gray bars) tend to stay between $3 and $6. ETH tx fees are higher than #Bitcoin’s. Just saying 🤷♂️ pic.twitter.com/PXEPfEiRlo — Ki Young Ju (@ki_young_ju) January 17, 2025 Both the Bitcoin and Ethereum networks kicked off the year with relatively low fees under $3. On Thursday, a total of 400 BTC…
Justin Sun, who founded Tron blockchain, has taken to social media to reveal how he would push the second most popular cryptocurrency Ethereum up to make it reach $10,000 if he were in charge. Curiously, he expects a 35.9% price surge to happen within the first week already. Justin Sun’s “ETH to $10,000” plan: steps to success Sun tweeted that if the Ethereum Foundation (EF) and Ethereum were under his leadership, he would execute the following “ETH to $10,000” plan with his team. Step one. During the first week, he would “halt ETH sales and optimize revenue.” The EF, he…
Justin Sun, who founded Tron blockchain, has taken to social media to reveal how he would push the second most popular cryptocurrency Ethereum up to make it reach $10,000 if he were in charge. Curiously, he expects a 35.9% price surge to happen within the first week already. Justin Sun’s “ETH to $10,000” plan: steps to success Sun tweeted that if the Ethereum Foundation (EF) and Ethereum were under his leadership, he would execute the following “ETH to $10,000” plan with his team. Step one. During the first week, he would “halt ETH sales and optimize revenue.” The EF, he…
Chris Taylor, vice president of listings and services at the New York Stock Exchange, anticipates a stronger IPO market this year, with growing interest from cryptocurrency companies seeking public listings. Speaking at the Reuters Global Markets Forum in Davos, Taylor projected steady growth in NYSE initial public offerings compared to 2024. Taylor expressed optimism about potential regulatory changes under the new SEC leadership, which he hopes will result in policies that better support public markets. 🚨 JUST IN: The NYSE listing head predicts an increase in crypto company IPOs.Which crypto company do you think will go public next? 👀 —…
The price of Bitcoin climbed to its highest point in nearly a month Friday, crossing $104,000 on the eve of President-elect Donald Trump’s inauguration and making a push towards $105,000. The Republican is set to assume control of the White House Monday, and per reporting from Decrypt is likely to issue a series of crypto-related executive orders, ranging from regulatory directives at the SEC to the potential establishment of a so-called national Bitcoin reserve. Bitcoin has climbed as high as $104,696 so far Friday and is currently priced at $104,585, up nearly 5% over the past day. The leading cryptocurrency…