Author: NBTC
In the latest episode of The Milk Road Show, Charles Edwards, founder of crypto hedge fund Capriole Investments, provided an in-depth analysis of Bitcoin’s current state, its future trajectory, and the potential conclusion of the traditional 4-year Bitcoin cycle. Edwards posits that Bitcoin’s journey to $100,000 could be the catalyst for an unprecedented price acceleration. He suggests that once this psychological and technical barrier is breached, Bitcoin could potentially double in value within weeks. Drawing parallels with gold’s recent performance, Edwards stated, “If you look at gold this year, it went up 33% in 16 weeks—that’s a $3.8 trillion move…
While Ethereum is preparing to close 2024 with a lower performance compared to Bitcoin, it is preparing for its great days again in 2025. At this point, successful analyst Michael van de Poppe said that Ethereum could surpass Bitcoin in January and experience a boom in price. Poppe stated that the ETH/BTC parity, which fell to historical lows during the year, could exceed the 0.04 level, and argued that this situation could initiate an Ethereum altcoin rally. Poppe predicted that interest in Ethereum would increase in January with the start of the new year, saying that ETH would rise and…
CEO of Daiwa Securities believes Japan should allow for crypto exchange-traded funds to enter the local market. Daiwa is one of the many companies pushing for Japan to approve crypto ETFs. According to a Bloomberg report published on Dec. 24, Akihiko Ogino, Chief Executive Officer of the second largest brokerage in Japan, said in an interview that Japan should allow for crypto ETFs to “debut in the country.” At the time of writing, Daiwa itself has an index-based exchange-traded fund in the Japan market, labeled Daiwa ETF Nikkei 225. Though, Ogino did not reveal any plans for Daiwa to start…
Charles Hoskinson, the founder of Cardano, is not pleased with US exchange Gemini’s decision to snub the project while listing new memes like Chill Guy. Since at least May 2024, speculation has run high that leading crypto exchange Gemini was set to finally list Cardano (ADA). After six months, however, this speculation has failed to materialize with a recent Gemini asset listing decision driving community members to their wit’s end. Gemini Lists Chill Guy but Still No Cardano (ADA) On Monday, December 23, Gemini disclosed that it had listed Chill Guy, allowing users to now buy and sell the new…
Donald Trump’s “Made in USA” Bitcoin pledge is hitting the hard wall of blockchain reality. Back in June, the ‘crypto president’ posted on Truth Social that he wanted all remaining Bitcoin to be mined in the United States. The announcement came after a high-profile meeting at Mar-a-Lago with major U.S. crypto miners. “VOTE FOR TRUMP! Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!” he…
Bitcoin has experienced notable whale activity since the conclusion of the US election on November 5, with an increase in the volume of Bitcoin transferred to exchanges by active whale addresses. However, contrary to what one might expect, there hasn’t been a significant surge in profit-taking activity among these large holders, a CryptoQuant analyst named onatt revealed in a recent post on the QuickTake platform. Whale Activity Suggests Market Stability but Signals Potential Risks The report by CryptoQuant analyst Onatt sheds light on this whale activity, emphasizing the lack of immediate selling pressure despite the increase in Bitcoin inflows to…
As it became known today, Turkey is introducing stricter anti-money laundering (AML) regulations related to cryptocurrency. In particular, from Feb. 25, 2025, users who carry out transactions over 15,000 Turkish Liras, equivalent to $425, will be required to provide their identification information to the country’s cryptocurrency service providers. Interestingly, a large Ethereum (ETH) withdrawal was spotted on the popular Turkish crypto exchange BTCTurk today. According to a report from Whale Alert, 20,000 ETH, which is equivalent to 69.87 million, was withdrawn from the exchange to an unknown wallet under the address “0x76eC.” What can we say about the recipient? The…
Trrue, a layer-1 blockchain focused on environmental, social and governance (ESG) compliance and real-world asset tokenization received a $10 million investment commitment from GEM Digital, the company said in a press release on Tuesday. The money will be used to accelerate the development of Ireland-based Trrue’s platform, the company said. GEM Digital is a Bahamas-based $3.4 billion alternative investment group that specializes in the digital asset sector. It will receive TRRUE tokens in return for the investment. The company invests in utility tokens listed on centralized (CEXs) and decentralized exchanges (DEXs). The token is being offered at $0.10 on a…
Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective blockchain. According to a Dec. 23 X post from Injective, INJ, the native utility and governance token of the Layer-1 Injective blockchain, is now officially integrated into the oldest Latin American exchange. The move will allow over 3 million Mercado Bitcoin customers to directly access the Injective ecosystem using fiat currencies like the Brazilian Real via its fiat to crypto on-ramp. As such, users will be able to engage with Injective’s decentralized finance ecosystem, which currently holds over $43 million in total value locked,…
Regulatory overhaul in America and a thawing of crypto antagonism globally in 2025 will usher in a new generation of decentralized capital formation, which was first popularized in 2017 as “ICOs” (initial coin offerings). During the 2010s, crypto hadn’t settled on a productive use case for Bitcoin and altcoins until Ethereum smart contracts enabled early-stage teams to raise capital from supporters dispersed around the world. We saw Ethereum bootstrap a global decentralized computer which spawned DeFi, NFTs and various crypto primitives funded by less than $20 million raised from a global community. Many other projects soon followed suit and we…