Author: NBTC

Michael Gapen, Chief U.S. Economist at Morgan Stanley, said that while the Fed’s current stance appears hawkish, he doesn’t rule out a shift to a more dovish approach in the near future. Speaking after the release of the latest Personal Consumption Expenditures (PCE) report, Gapen highlighted underlying trends in inflation and the Fed’s potential policy trajectory. Gapen assessed the November PCE report, which showed a modest increase of 0.1, as positive. It noted that the decline in housing-related inflation was a significant factor and that progress was being made in addressing one of the root causes of high inflation. However,…

TURBO rallied over 30%, hitting a new all-time high of $0.0143 on Dec. 12 following a recent listing on Coinbase, the largest crypto exchange in the U.S. Turbo (TURBO), the toad-themed meme coin on Ethereum, was up 16.1% over the past day at press time, trading at $0.01283. Its market cap stood at $893 million, just $107 million shy of reaching the $1 billion milestone. The altcoin’s rally came in a high-volume environment. According to crypto.news data TURBO’s daily trading volume jumped 62.9%, hovering over $956 million. TURBO saw a significant rally after its listing on Coinbase, a tier-1 cryptocurrency…

Charles Hoskinson, the founder of Cardano, has revived his interest in buying CoinDesk in apparent jest, after the crypto media outlet plunged deeper into chaos. Responding to a journalist’s post on X that described CoinDesk as “in shambles,” Charles questioned the outlet’s current valuation. “Remember when we thought about buying Coindesk?” he asked. “I wonder what the price is these days.” The drama began when Bullish, CoinDesk’s parent company, abruptly fired three top editors, including editor-in-chief Kevin Reynolds, after newsroom tensions boiled over an article on TRON founder Justin Sun. Bullish under fire for its newsroom shake-up Sources reportedly confirmed…

The Wise Monkey ($MONKY) token developed by Ape Accelarator and Forj under Animoca Brands has officially been launched on the BNB chain. The $MONKY token is announcing an airdrop that would benefit the FLOKI holders as per the announcement made on the social media platform. WISE MONKEY ($MONKY) IS NOW LIVE! 🔥 The moment we’ve all been waiting for – $MONKY is officially live on BNB Chain! This is the real deal – the official Wise Monkey token launched by Ape Accelerator and Forj team (part of Animoca Brands). Launch details: – Token name: Wise… https://t.co/NSNZXsrc0O pic.twitter.com/NaGy9aFWvu — FLOKI (@RealFlokiInu)…

Community Gaming announced Monday that its upcoming video game-centric prediction market Forkast will launch on Ethereum sidechain gaming network Ronin. The platform will allow users to stake tokens and earn rewards while making predictions about gaming, esports, Web3, and internet culture events. Forkast is one of the first consumer apps to be integrated into Ronin, a network that plays host to games like Pixels and Axie Infinity. Community Gaming is a blockchain-based competitive gaming ecosystem and tournament platform. The team-up with Ronin means that Forkast will utilize Ronin Waypoint, a universal account and keyless wallet, to facilitate user access and…

Nexo 7RCC ETF combines 80% Bitcoin and 20% carbon credit futures. SEC approval for the 19b-4 filing has been granted, and launch is imminent. The Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF is set to launch soon, following its S-1 amendment submission. Nate Geraci, President of The ETF Store, announced the development on December 21 via social media. This innovative ETF combines 80% Bitcoin and 20% carbon credit futures. It aims to merge cryptocurrency investment with environmental sustainability. S-1 amendment filed for Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF…Holds exactly what name suggests. 80% btc, 20%…

Community Gaming has announced the upcoming launch of Forkast, a game prediction market built on the Ethereum sidechain Ronin. Ronin, the blockchain network developed by Sky Mavis, the creators of Axie Infinity (AXS) also powers other projects like Pixels. When Forkast goes live, users will be able to make predictions on various topics, including gaming, esports, streamers, and web3, according to a press release. from Community Gaming. The on-chain prediction market is set to launch on January 7, 2025. You might also like: Animoca Brands Japan backs blockchain gaming platform Oasys In a blog post announcing the upcoming launch, the…

Worksport, a Nasdaq-listed company specializing in the design and manufacture of truck accessories, is adding Bitcoin and XRP to its treasury assets, according to a Thursday press release. “Our upcoming adoption of Bitcoin (BTC) and XRP (Ripple) reflects our commitment to staying ahead of market trends while prioritizing operational efficiency and shareholder value,” said Worksport CEO Steven Rossi. Worksport plans to spend 10% of its cash reserves, which amount to a maximum of $5 million per the report, on Bitcoin and XRP. The allocation ratio for crypto investments could change in the future “based on prevailing market conditions.” The New…

GraniteShares, a fast-growing asset manager with over $10 billion, has filed for new crypto-linked exchange-traded funds. On Friday, Dec. 20, the New York-based firm filed for new leveraged ETFs to track companies like Riot Platforms, Marathon Digital, MicroStrategy and Robinhood. GraniteShares files for new crypto-related ETFs Marathon Digital and Riot Platforms are the two biggest Bitcoin (BTC) mining companies. They are also the third and second-biggest Bitcoin holders, with 44,394 and 17,429 coins in their balance sheet. MicroStrategy holds the most coins at 439,000, while Robinhood serves as a major platform for crypto and stock investments. These funds will be…

Gameta, a prominent player in the blockchain gaming world, has announced a new collaboration with Jump.fun. The partnership aims to join the expertise of Gameta and Jump.fun to offer cutting-edge consumer experiences. The platform took to social media to disclose this partnership. 🚨#Partnership Announcement🚨 🎉Excited to announce our partnership with @jumpdotfun 🎉 #jumpfun is a next-level memecoin launchpad with one-click deployment, PvP liquidity war mode, and free 6 ETH liquidity loan on #Uniswap. 💪🚀 Together, let’s all… pic.twitter.com/Jn0skB1Dxs — Gameta (@Gameta_Official) December 23, 2024 Gameta Joins Jump.fun to Advance User Experience, Liquidity, and Support for New Projects Gameta pointed out…