Author: NBTC
After years of waiting, the Securities and Exchange Commission (SEC) made a cryptocurrency market splash in January 2024, first with a fake announcement resulting from a hack and then with the genuine approval of a string of spot Bitcoin (BTC) exchange-traded funds (ETFs). Investors seeking to gain exposure to BTC without engaging directly with the world of digital assets were suddenly flooded with options, with each major issuer attempting to entice traders with competitive fee structures. The approach has so far proven successful, with $188 million flooding into BTC ETFs on Thursday, October 24 alone. Though any of the available…
Key Takeaways ai16z and Ryze Labs launch AICombinator with $5M funding to support developers creating AI-crypto projects, leveraging the Eliza framework. ai16z is the first venture capital firm run by AI agents, revolutionizing decision-making through platforms like daos.fun. ai16z and Ryze Labs announced the launch of their AICombinator program with a $5 million fund to support developers building at the intersection of AI and crypto. The program offers project founders early access to ai16z’s Eliza framework, a tool for building interactive AI characters that integrate with Discord and Twitter, commonly used for developing crypto AI agents. ai16z, the first venture…
Stader ($SD) increased by a significant 47.8% and emerged as today’s leader among the gainers. It is priced at $0.46 and has a market capitalization of $20.7 million. The token shows a positive trend on major active exchanges, including Coinbase, which shows greater investor demand. DAILY GAINERS$SD +47.8% $BZZ +26.7% $NEST +17.1% $BTRST +10.3% $PROS +10.1% $FLIP +7.7% $SAFE +7.4% $ZKL +7.1% $PORTO +6.3% $RDNT +5.1%#dailygainers pic.twitter.com/T9ihqQarUn — PHOENIX – Crypto News & Analytics (@pnxgrp) November 3, 2024 Stader’s significant daily growth reinforces its position as a noteworthy token in today’s trading landscape. Phoenix, a crypto analytical platform, shared the…
Major cryptocurrency analyst and trader Michael van de Poppe has taken to the X social media platform (formerly known as Twitter) to share an ultra-bullish Bitcoin price prediction. He named the main reason why he believes Bitcoin is on the verge of breaking out in a big way. “Bitcoin to $300-$500,000” The analyst expects that the world’s flagship cryptocurrency, Bitcoin, is ultimately going to reach a jaw-dropping all-time high of $300,000 and then is likely to keep soaring until it trades at $500,000. The main driver for this inevitable price surge, according to Poppe, is the Bitcoin halving. The fourth…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine Argentine President Javier Milei’s recent statements about maintaining a separation between crypto and the state and how this reveals a pivotal problem with the expected rise of nation-state crypto adoption. Latam Insights Encore: Milei’s Crypto Independence Call Reveals an Adoption Dilemma The recent election of pro-crypto President Donald Trump and the expectation of unprecedented adoption of bitcoin by the U.S. are raising concerns among traditional crypto advocates. While these developments validate the criticisms they have…
Trump-based politiFi tokens rallied ahead of the United States election with some posting gains over 120% in the past 24 hours. MAGA Hat (MAGA), MAGA (TRUMP), Doland Tremp (TREMP), Super Trump (STRUMP), TrumpCoin (DJT) and other meme coins themed around former U.S. president Donald Trump saw significant gains as the overall market cap of PolitFi coins rose 5.4% bringing it to over $685 million in valuation. Meanwhile, Kamabla (KAMABLA) was the only meme coin spun around Vice President Kamala Harris to see a positive day. KAMABLA surged 32.7% over the past day with an intra-day high and low of $0.00078…
Big Time Studios, a player in Web3 gaming and the creator of Big Time, has unveiled its newest product: the OL token. With the Open Loot platform already handling nearly $500 million in transactions, the introduction of OL sets the stage for a new era of engagement, rewarding the very players and developers who fuel its success. A Token for Engagement, Not Speculation Unlike traditional token launches, which take a fundraising-heavy approach, Big Time Studios is flipping the narrative. The OL is designed to prioritize the community above all. By rewarding activity and participation, OL becomes a tool for empowerment…
MicroStrategy co-founder Michael Saylor wants to have a conversation about Bitcoin with Microsoft CEO Satya Nadella, according to a recent social media post. Saylor has pitched Bitcoin as a trillion-dollar opportunity for Microsoft. As reported by U.Today, Microsoft shareholders are expected to vote on a proposal regarding the assessment of the viability of adding Bitcoin to the company’s balance sheet. The long-shot proposal, which has been floated by a conservative think tank, has already been rejected by Microsoft’s board. The think tank advertised Bitcoin as an inflation hedge that could protect the company’s assets. However, Bitcoiners still see the fact…
The Shiba Inu (SHIB) burn rate has displayed an unusual anomaly in the past 24 hours. After a landmark rally in the past week, the last time any SHIB entered the burn wallet was two days ago. Per data from Shibburn, 0 Shiba Inu have been incinerated in the past 24 hours in what appears to be a major cool-off period for the community. Shiba Inu and community contribution The past 24 hours have been largely uneventful in the Shiba Inu ecosystem, with prices down and no token burnt. According to the current outlook, the total SHIB burnt in 24…
Bitcoin’s price cycles have long been a source of intrigue for investors and analysts alike. We can gain insights into potential price movements by comparing current trends to previous cycles, especially with Bitcoin seemingly coming to an end of its consolidation period, many wonder if the next leg up is around the corner. Comparing Bitcoin Cycles To begin, it’s crucial to look at how Bitcoin has performed since hitting its recent cycle low. As we examine the data, a clear picture begins to form: Bitcoin’s current price action (black line) is showing patterns similar to previous bull cycles. Although it…