Author: NBTC
If Republicans take control of both houses of the US Congress, the global cryptocurrency market value could hit $10 trillion by the end of 2026, according to Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered. With the Senate and presidency already in Republican hands, control of the House of Representatives remains uncertain, but Kendrick believes a Republican win is likely. Kendrick believes such an outcome would usher in favorable policies that could lead to a 300% increase in the crypto market from the current $2.7 trillion. He points to sectors such as crypto gaming, tokenization, and decentralized…
X Empire, a rising Telegram tap-to-earn game, is following the Notcoin playbook, launching pre-market trading Tuesday through the use of custom NFT vouchers ahead of the upcoming token launch and airdrop. While fellow Telegram games like Hamster Kombat and Catizen have rolled out pre-market trading through established exchanges, X Empire (originally Musk Empire) is instead letting players redeem an early share of their airdrop allotment by minting an NFT. Those NFTs, minted on The Open Network (TON), can then be traded on the Getgems marketplace. It’s very similar to the approach earlier this year of Notcoin, the tap-to-earn game that…
In a recent social media post, former Binance CEO Changpeng Zhao commented on the second anniversary of the FTX collapse. Zhao joked that it “definitely” felt like these events took place 20 years ago. On Nov. 8, 2022, FTX, the second-largest cryptocurrency exchange, started to unravel in a rapid fashion. After squabbling with FTX founder Sam Bankman-Fried, Zhao shocked the cryptocurrency industry by announcing that Binance had singed a non-binding letter of intent to acquire its archrival after the former faced “a significant liquidity crunch.” It also turned out that FTX had ceased processing withdrawals, pushing crypto prices sharply lower.…
Ethereum trades in the $2.9K range, after gaining over 3.55%. ETH could hit $3K if it clears the $2,950 resistance. Following the US election of 2024, a notable surge has ignited within the cryptocurrency market to rekindle the bullish rally. Post the period of persistent difficulties, the largest altcoin, Ethereum (ETH), has finally broken above the $2,880 mark. At present, the asset is at a crucial juncture, attempting to hit $3K. As Ethereum has entered the bullish market, it has gained over 3.55% over the past 24 hours. However, due to its upside correction, ETH is poised for a remarkable…
JPMorgan and BlackRock’s investments in Bitcoin and XRP show strong institutional backing for digital currencies. Ripple’s move into worldwide lending with XRP’s integration strengthens the cryptocurrency’s vendor position. The rise in silver prices and increased crypto adoption demonstrate substantial modifications in global financial trends. Bitcoin recently soared past $74,000, drawing serious attention from large investors, including JPMorgan and BlackRock. These major financial firms have reportedly purchased Bitcoin, which signals a strong vote of confidence in digital assets and their future possibilities. Additionally, XRP stands to gain $9 trillion, further boosting the overall interest in this digital investment. 🚨BREAKING: Reports CONFIRM…
In a recent publication, Ripple highlighted that its payment solution for the cross-border payment market continues to leverage the utility of XRP. Anderson, an XRP community researcher, drew attention to this information from Ripple to address growing concerns that the company might be moving away from using XRP for payment transactions. This speculation gained traction earlier this year when Ripple announced plans to introduce a stablecoin into its payment solution. Despite Ripple’s repeated assurances that RLUSD would complement rather than replace XRP in their payment services, doubts have persisted. However, the latest publication from Ripple reaffirms XRP’s central role in…
Reddit sold the majority of its cryptocurrency portfolio during the third quarter, offloading Bitcoin and Ethereum once held “for treasury purposes,” according to a Tuesday filing with the Securities and Exchange Commission (SEC). When the social media company filed for an initial public offering in February, the company held an “immaterial” amount of crypto on its balance sheet, purchasing digital assets using excess cash. On Tuesday, Reddit used the same language to describe proceeds from the recent sale. “We sold the majority of our cryptocurrency portfolio, which consisted primarily of Bitcoin and Ether,” Reddit stated. “The net carrying value of…
Ethereum exchange-traded funds (ETF) have put their underwhelming days of performance behind them. Data from Farside Investors show two consecutive days of massive inflows into Ethereum ETF products. This inflow streak comes after the week witnessed huge outflows and zero net flow, signaling a shift in investors’ outlook on the product. Ethereum ETF inflows signal institutional interest Data shows that the nine Ethereum ETF products registered a cumulative inflow of $79.7 million, $27.4 million higher than the previous inflow of $52.3 million. Fidelity (FETH) led the daily inflow with $28.9 million, a $2 million increase from Wednesday, Nov. 8’s, inflow…
Robert Kiyosaki, a Bitcoin lover, entrepreneur, and author of the popular classic book on finance management “Rich Dad Poor Dad,” has published a tweet to warn his audience on the X platform about the unleashed banking crash once again. According to Kiyosaki, billionaire Ray Dalio, founder of the Bridgewater Associates hedge fund, was among those who warned about this crash coming. However, the investment guru claims that even with little spare money, one can profit from this crash. Profiting from current banking crash possible with this asset per Kioysaki Kiyosaki stated that he believes the banking crash which such big…
The imminent release from prison for CZ, former CEO and founder of the crypto exchange Binance, could provide fertile ground for a possible bull of BNB. In particular, the cryptocurrency is now projected towards the graphical level of 600 dollars, thanks to the growing optimism within the Binance ecosystem. In the meantime, the memecoin inspired by CZ see speculative opportunities in the market. All the details below. The 4-month sentence of former Binance CEO CZ is about to end: is the BNB crypto ready to wake up? The release of the founder of Binance could have a bullish impact on…