Author: NBTC
Charles Edwards, a seasoned crypto analyst and Capriole Investments founder, shared a bullish macro forecast for Bitcoin (BTC). It is based on a pattern observed in the last three cycles. Should this play out, we are on the verge of a ballistic run of the largest crypto. Bitcoin (BTC) to go parabolic after $100,000: Expert Bitcoin (BTC), the first cryptocurrency, is about to enter the “parabolic phase” of its price growth. This stage of its ongoing bull run will start once the crypto king hits $100,000 per coin level, top expert Charles Edwards said to his 113,000 X followers. Bitcoin…
Pavel Durov, Telegram’s CEO, announced his bullish stance on the MAJOR token, pledging to hold it for the next decade. Durov received 1% of the total MAJOR supply as a gift from Roxman, the creator of the Major mini app. In a Telegram post, Durov praised Major as “one of my favorite success stories in the Telegram ecosystem.” Launched just five months ago by 27-year-old entrepreneur Roxman, the mini app generated over $10 million in revenue and attracted 70 million users within over 5 months. Major: A Success Story Within the Telegram Ecosystem Durov highlighted Major’s rapid adoption of new…
Instant cryptocurrency exchange Changelly announced today (Thursday) the addition of Revolut’s payment infrastructure to its platform, enabling cryptocurrency purchases for users in the European Economic Area (EEA). The technical integration allows users to purchase cryptocurrencies using Revolut Ramp, expanding the payment options available on Changelly’s platform. Users can access 30 cryptocurrencies using 20 fiat currencies through various payment methods, including cards and Revolut Pay. Michael Hey, the Product Owner of Revolut Ramp “We’re really excited to be partnering with Changelly to help its large user base bridge the gap between the fiat and web3 worlds,” Michael Hey, the Product Owner…
In the latest development, MicroStrategy, which is the largest publicly traded corporate holder of Bitcoin, has witnessed its stock surge by a massive 94% year-to-date (YTD), driven by Bitcoin’s rally above $97,000. Strikingly, with 331,200 Bitcoin on its balance sheet, valued at around $32 billion, MicroStrategy now has an impressive $15.51 billion in unrealized gains. Notably, the rise in MicroStrategy’s stock reflects the increasing integration of cryptocurrencies into traditional finance and growing investor demand for Bitcoin-backed equities. MSTR’s year-to-date performance has outperformed major tech stocks, including Apple by 21%, Amazon by 24% and Tesla by 6%. However, despite its strong…
El Salvador is garnering global praise as it increasingly becomes the pro-crypto and Bitcoin destination for many crypto businesses. In a tweet today, Anthony Scaramucci, founder of SkyBridge Capital, lauded the leadership of pro-Bitcoin President Nayib Bukele in transforming the country’s economy. Scaramucci emphasized the turnaround in El Salvador under Bukele, noting that his “common-sense” and pro-business policies would be studied for decades—if not centuries. He highlighted the stark contrast between the country’s past challenges with crime and its current rise as a burgeoning tech hub. From Crime Capital to Crypto Hub Notably, El Salvador was once one of the…
In a recent tweet, the enigmatic Shiba Inu lead Shytoshi Kusama addressed issues of working with a meme coin to give it utility and then take it to the top five list of cryptocurrencies. He then specified that he was talking about SHIB. Shytoshi Kusama’s intriguing meme coin tweet The mysterious SHIB lead reposted a tweet that contains an AI-generated image. The image shows a painting on an office wall that shows a dramatic scene reminiscent of something religious and/or apocalyptic, full of chaos, with a guy sitting at his desk with similar chaos surrounding him. Shytoshi Kusama used this…
The Securities and Futures Commission (SFC) of Hong Kong unveiled a streamlined licensing approach for virtual asset trading platforms (VATPs), marking another significant shift in the region’s cryptocurrency regulatory landscape in recent months. The new framework eliminates the previous two-phase assessment system in favor of a single, comprehensive external evaluation. Under this streamlined process, VATP applicants must first implement their operational infrastructure before undergoing an external assessment, with the SFC actively participating in the evaluation process. Dr Eric Yip, the SFC’s Executive Director of Intermediaries “The SFC is committed to fostering a healthy ecosystem and a robust regulatory framework for…
In a recent interview with Kitco News, Natalie Brunell, a Bitcoin educator and host of the Coin Stories podcast, shared her thoughts on U.S. Senator Cynthia Lummis’s groundbreaking proposal for a U.S. Bitcoin Strategic Reserve. According to Brunell, Senator Lummis has suggested converting part of the U.S.’s vast gold reserves into Bitcoin. Brunells says that the U.S. currently holds the largest gold reserves globally, totaling over 8,000 tons. Lummis’s proposal includes acquiring one million Bitcoins over 20 years, equating to about 5% of Bitcoin’s total supply. She argues that this transition could be “balance sheet neutral” by exchanging gold certificates…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The rise of “Bitcoin DeFi” on new networks looking to scale Bitcoin has primarily come through bitcoin-backed derivatives like SolvBTC.BBN and LBTC. These derivatives receive staking rewards from Babylon, offering new avenues for liquidity and yield generation. However, concerns about the transparency of these platforms, particularly regarding the management of bitcoin reserves, have sparked debate within the Bitcoin community. A recent article by the co-founder of Nubit, known online as Hans, raised alarms about the potential for unbacked reserves and the inflation of total value locked (TVL)…
The crypto market rallied in recent weeks, with Bitcoin (BTC) reaching an all-time high of $98,000 before dipping to $92,000; currently trading around $94,000. Large-cap tokens like Cardano (ADA), XRP, and Stellar (XLM) also saw gains, but low-cap altcoins, particularly those linked to the metaverse, stole the show. Kaia (KAIA), Decentraland (MANA), The Sandbox (SAND), EigenLayer (EIGEN), and ZKsync (ZK) are primed for substantial growth. SAND and MANA linked to Metaverse have seen exponential growth. According to CoinMarketCap, SAND is positioned at the 69th rank and trading at $0.6037, whereas MANA is at 86th position and priced at $0.5938. Just…