Author: NBTC

The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that specializes in funding bitcoin businesses in Africa announced the Fund I’s first close on Saturday, Nov. 30. Block Chairman Jack Dorsey, chairman of Fortress Investment Group, Peter Briger Jr., and Jeff Booth, founding partner at Ego Death Capital were the anchor investors in this round. The fund’s goal was discussed by the company’s CEO, Abubakar Nur Khalil, a Nigerian Bitcoin Core contributor who also acts as the acting CEO of…

The adoption of Bitcoin at the state level will likely happen before the federal government enacts legislation on the same. The cash inflow into Bitcoin will likely not circulate to the altcoin industry due to the notable L2 developments on BTC and higher demand from institutional investors. Following the historic victory of Donald Trump as the next POTUS last month, the mainstream adoption of Bitcoin (BTC) and digital assets has gained significant traction. The upcoming US president promised to launch a strategic national Bitcoin stockpile, which will add to the existing BTC holdings. The creation of a strategic Bitcoin reserve…

Ondo (ONDO) is just a month away from a massive token unlocking event. This event could push the price of the digital asset to monthly lows if the digital asset sector and investors are not ready. A massive $3 billion worth of ONDO tokens will hit the market on January 18th, 2025, but with a catch. According to a post on X (formerly Twitter) by Tokenomist (previously known as TokenUnlocks), the unlocked tokens, representing 135% of the circulating supply (14.37% of the total supply), will be divided into two. About 80% of the total tokens unlocked will go toward ecosystem…

The crypto market is now betting heavily that the US Federal Reserve will cut interest rates by 0.25% in December. According to the CME FedWatch tool, the chances of this happening have risen to 74.5%, up from 66% just a few days ago. This means more and more investors believe the central bank will take action at its meeting on December 17-18. If the Fed cuts rates, it would be the third reduction this year. What Does a Rate Cut Mean to Crypto? A rate cut would lower the cost of borrowing money for individuals and businesses. When interest rates…

Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors. These airdrops distribute free tokens to attract new users and expand communities. For crypto enthusiasts, the following airdrops present a chance to earn new tokens and engage with emerging projects. Movement Network Movement secured $41.40 million in a funding round co-led by Polychain Capital, Borderless Capital, Blizzard Fund, and dao5, with additional participation from Binance Labs. While the MOVE network currently has no active tasks, users can claim their MoveDrop by connecting their EVM wallet used during registration. This initiative highlights the…

Bitcoin (BTC) experienced a major rise after Donald Trump won the election, approaching the $100,000 mark, but then experienced a correction. Although the Bitcoin price has been volatile in recent days due to these corrections, it closed November with a 37% increase. In addition, despite these corrections, the market expectation of $100,000 continues, while crypto analysis platform Matrixport claimed that Bitcoin could reach $110,000. Matrixport analysts, who used historical monthly returns in this analysis, stated that BTC’s average return in December was 9.6% and that the price has the potential to reach $110,000 in December. Matrixport wrote in its daily…

Migration from Polygon to Cardano Enables Atómico3 to Utilize Advanced Tokenization Technology, Backed by Lithium Reserves. Strategic Collaboration with ZenGate Global Bolsters Atómico3’s Position, Offering Innovative Funding Mechanisms for Asset Mining. Atómico3 Promises Significant Investment Value Increase Through Token Sale on Cardano, Aligning with Compliance Standards. Cardano has announced a strategic partnership with Paraguayan startup Atómico3, which specializes in lithium mining tokenization. Atómico3 plans to transition its current contract from Polygon to the Cardano blockchain. This move aims to tokenize lithium mining assets to facilitate the transition to clean energy sources. Previously, the Latin American Chamber of Lithium (Calbamerica) and…

Michael Saylor’s pitch to Microsoft’s (MSFT) board on whether the software giant should add bitcoin to its balance sheet is unlikely to get shareholder approval, with Polymarket bettors only giving an 11% chance of it being approved. Each bet comprises a “Yes” and a “No” side. Each share pays out $1 in USDC, a stablecoin, or cryptocurrency that trades at par with the U.S. dollar, if the prediction comes true, and zero if not. In October, a proposal from the National Center for Public Policy Research urged Microsoft to add bitcoin to its balance sheet as a diversification investment, but…

Chainlink’s $17B market cap lags behind ADA, SOL, BNB, and XRP valuations. Partnerships with Swift and DTCC highlight Chainlink’s real-world utility and credibility. Chainlink bridges blockchain and finance, positioning it for massive future growth. Chainlink (LINK) sits at a $17 billion valuation, far behind rivals like XRP and Solana. ADA, SOL, BNB, and XRP range from $43 billion to $146 billion. However, none of these competitors work with Swift, DTCC, and other major financial players. Chainlink does. This unique positioning gives Chainlink massive potential. Few cryptocurrencies offer both real-world partnerships and strong use cases like Chainlink. Can you imagine.. $LINK…

With the price of Bitcoin (BTC) trading at its historic high of all time, another ancient whale is back to life. Per data from Whale Alert, the address “1B4Rh…qYK4a” initiated two transfers; the first transaction was from the whale after a 10.9-year period. The whale moved a total of 50 Bitcoin in two distinct batches. Why now? According to the Whale Alert insight, this wallet address received 50 Bitcoin units in 2014. The funds at the time were valued at $44,030, placing the price of each BTC at $880.60. Fast-forward to today, and this Bitcoin stash is now worth $4,806,870.…