Author: NBTC
Fundstrat co-founder and BitMine president Tom Lee, who recently abandoned his 2025 year-end $250,000 Bitcoin prediction, has announced his new predictions. Speaking at Binance Blockchain Week 2025 in Dubai, Tom Lee once again raised his price expectations for Bitcoin (BTC) and Ethereum (ETH) amid the recent recovery. Stating that the crypto super cycle is still valid, Lee said that the period of the last decline and recovery was actually a period with more upside potential. At this point, he predicted $300,000 for Bitcoin and $62,000 for Ethereum. “The crypto supercycle is still valid. Bitcoin could reach $300,000 next year, while…
The South African Reserve Bank says it doesn’t see a need for a central bank digital currency in the near term, instead saying the country should modernize its payments system. The South African central bank said in a paper released on Thursday that there was no “strong immediate need” for a retail CBDC, though deploying one was technically feasible. It said that existing initiatives, such as a program to modernize the payments system and expand non-bank participation in the national payment system, should remain the priority for now. “While the SARB does not currently advocate for the implementation of a…
Two key positions in U.S. crypto oversight are advancing this week in the Senate as the chamber sets up a list of dozens of nominees they’ll consider for confirmation all at once, including Mike Selig to be chairman of the Commodity Futures Trading Commission and Travis Hill as chairman of the Federal Deposit Insurance Corp. Senate Majority Leader John Thune started a process on Tuesday known as cloture in which the Senate preps a vote to clear the 60-member threshold actions typically required there. His resolution includes nominees for more than 80 federal positions (in some cases like Selig’s, one…
Bitcoin staking project Babylon has teamed up with the largest decentralized lending protocol Aave, allowing BTC to be used directly as collateral without wrapping or centralized custody. Beyond lending, Babylon is also preparing to extend its vault design into decentralized finance (DeFi) insutance, allowing BTC to serve as collateral for coverage against protocol hacks. BTC would be deposited into insurance pools would earn yield if no payouts occur, while providing liquidity for claims when hacks happen. That initiative is in development and expected to be announced by January 2026, Babylon co-founder David Tse told CoinDesk in an interview. Babylon and…
Ethereum is attempting a structured recovery after several weeks of downward pressure, with price action stabilizing near $3,194. Market conditions remain tense, yet traders continue to watch the coin’s next reaction around key resistance levels. Besides the short-term rebound, analysts note that Ethereum now sits at an important point where price structure and network activity intersect. This mix shapes expectations for December because futures positioning, spot flows, and a new technical alert from the Ethereum Foundation all influence sentiment at once. Price Structure Tightens Near Critical Barriers Ethereum reclaimed short-term moving averages on the 4H chart, which supports the ongoing…
There is a desperate attempt by traditional financial institutions to push back on cryptocurrency’s growing influence. Chief Technical Officer (CTO) at Ledger Charles Guillemet, in a post on X, says the evidence is clear from recent defensive actions taken by legacy institutions. Guillemet: Crypto’s momentum “cannot Be hindered” Notably, Guillemet cited the Morgan Stanley Capital International (MSCI) move to exclude companies like Strategy Inc., whose balance sheets contain more crypto assets than those of traditional firms, from its index. He considers this a deliberate move to downplay the success of such organizations and attempt to reduce their visibility to potential…
A lawsuit against Binance is testing the extent to which crypto platforms can be held liable for real-world harm. Filed by families of victims of the October 2023 attacks against Israel, it arrives amid continued backlash over the recent presidential pardon of founder Changpeng Zhao (CZ). More than a new legal headache, the lawsuit is being watched as a potential blueprint for a shift from regulatory fines to high-stakes private liability tied to terrorism financing. Terror Financing Claims Hit Binance The case, brought by more than 70 families in a US federal court last week, accuses Binance of knowingly enabling…
WOOFi, a popular decentralized exchange (DEX), has recently announced its official launch on Monad, an efficient blockchain infrastructure firm. The launch is set to offer a centralized exchange (CEX)-level execution to benefit institutional and retail traders. As WOOFi Swap revealed in its X announcement, the development delivers lower slippage and tighter spreads for consumers. Thus, by using diverse on-chain oracles for CEX order books, WOOFi guarantees that prices fully reflect real liquidity and depth instead of depending completely on automated market maker (AMM) curves. WOOFi Swap is now live on @monad, bringing CEX grade execution to onchain trading for both…
A renewed interest in Ethereum is growing very quickly by institutions, due to increasing purchases of ETF’s from leading US-based Asset Managers, such as BlackRock, Fidelity and Grayscale, which together purchased $138.96 million worth of Ethereum. The purchase pressure created by this package of institutional purchases shows substantial confidence by the market at a time when there is a lack of clarity and direction because of changing macroeconomic factors. When major institutional investment houses anticipate cycles or major new catalysts occurring, they tend to get involved before many retail investors do, thus creating market demand and producing increased sentiment towards…
Barcelona is under fire after signing a crypto sponsorship with a barely-known start-up called Zero-Knowledge Proof, registered in Samoa. Fans and experts are raising alarms that the club is ignoring red flags just to scrape together more money, and that this deal might push supporters into buying risky crypto tokens without proper information. The three-year agreement, unveiled this month, names ZKP as Barcelona’s official blockchain technology partner. The firm had no presence online until that moment. It announced the deal in its very first post on X, with just a handful of followers watching. It was a quiet debut for…