Author: NBTC
Renowned investor Robert Kiyosaki, also known for authoring a popular book on finance management titled “Rich Dad Poor Dad”, has published yet another “giant crash” prediction and highlighted his firm belief in Bitcoin as a key asset in the market. According to a recent tweet, the popular author and podcaster also revealed his “after-the-crash plan”—he intends to buy more Bitcoin. Over the past 24 hours, the world’s primary cryptocurrency has added 1.65%, recovering from $96,870 to $98,540, where it is changing hands at the time of writing this. Kiyosaki will not sell his Bitcoin if BTC crashes Financial guru Kiyosaki…
Shares of bitcoin (BTC) miner Core Scientific (CORZ) were down 15% in pre-market on Thursday after reports that Microsoft (MSFT) has pulled back from some agreements with soon to listed cloud computing firm CoreWeave. Last month, Core Scientific said it was planning a $1.2 billion data center expansion with CoreWeave. This week, CoreWeave filed for an intital public offering, hoping to raise $4 billion at a $35 billion valuation. According to an FT article, CoreWeave, which supplies artificial intelligence (AI) computing power to Microsoft, was facing delivery issues and missed deadlines, causing the tech giant to reduce its commitments, though…
A major Solana ($SOL) investor has been making big moves. In just two days, the whale staked 134,482 SOL, worth $22.85 million. Lookonchain reports that the investor pulled $7.98 million worth of 47,154 SOL from Binance just few hours before. The staking process followed after the investment of the entire funds. This whale withdrew another 47,154 $SOL($7.98M) from #Binance 10 hours ago and staked it.In the past 3 days, this whale has withdrawn a total of 134,482 $SOL($22.85M) from #Binance and staked it.https://t.co/jPXp5mjB5n pic.twitter.com/QBZZb1S9pJ — Lookonchain (@lookonchain) February 20, 2025 SOL Whale Withdrawals Strengthen Market Sentiment This whale has withdrawn…
Bitcoin’s price recovery above $100,000 may continue to face significant resistance as its exchange reserve continues to rise. The trend indicates that more coins are being moved to exchanges, likely for onward sales. This puts more downward pressure on BTC’s price and keeps it further from breaking above the critical $100,000 mark. Bitcoin’s Exchange Reserves Surge, Raising Sell-Off Fears Data from CryptoQuant shows a steady uptick in BTC’s exchange reserve since February 6. As of this writing, 2.47 million BTC are held in exchange wallets, noting a 1% surge since the beginning of the month. Bitcoin Exchange Reserve. Source: CryptoQuant…
The International Monetary Fund recently concluded that Namibia should not issue a retail central bank digital currency at this time. Namibia Lacks Resources to Pursue CBDC The International Monetary Fund (IMF) mission to Namibia recently concluded that there are no compelling reasons for the Southern African nation to issue a retail central bank digital currency (CBDC). Instead, the mission stated that the instant payment solutions (IPS) currently being developed by the Bank of Namibia (BON) are better positioned to address affordability and interoperability issues. In its recently published report, the IMF argues that major financial institutions operating in Namibia have…
River CEO warns that Bitcoin at risk from quantum computers, sees no danger for banking stays
While quantum computing poses a threat to Bitcoin’s security, banks have multiple defenses in place to prevent a widespread collapse, River’s Leishman says. The debate over whether quantum computers could threaten Bitcoin (BTC) is heating up once again, with River CEO Alexander Leishman arguing that Bitcoin is at greater risk than traditional banking systems. It is VERY fair to debate the timeline of a quantum threat to Bitcoin. I’m personally quite skeptical it’s a near-term problem.However, a lot of people are saying “everything will break with QC, including the entire banking system, so if Bitcoin breaks everything does”. This is……
This is a segment from the Empire newsletter. To read full editions, subscribe. Here’s a fun exclusive for you this morning: Seismic, an encrypted blockchain, raised $7 million in a round led by a16z Crypto, with participation from Polychain, Alliance and 1kx, among others. This was the first fundraising effort for founder Lyron Co Ting Keh, given that Seismic was his first startup. The idea, he said, came from wanting to start his own company. As he spoke to various app developers, it became clear that “you need encryption to be in the foundation of the chain and not just…
Dog-themed cryptocurrency Shiba Inu recently experienced a remarkable surge in its burn rate, a strategy aimed at lowering SHIB’s total supply while potentially increasing long-term value. However, after a period of increase, Shiba Inu’s burn rate has now taken a breather, settling at just 1.97% in the last 24 hours. According to the Shibburn X account, 15,050,787 SHIB were burned in the last 24 hours, marking a 1.97% increase in the daily SHIB burn rate. The day before last saw a 795.3% surge in burn rate, while the last seven days saw 94,207,386 SHIB burned, contributing to a 59.37% increase…
Bitcoin Open Interest Surge: A Potential Breakout Signal Recent data indicates a steady rise in Bitcoin’s open interest within perpetual futures markets. This surge suggests heightened trading activity, which often precedes a Bitcoin price breakout. Analysts highlight that while a significant price movement is expected, the direction remains uncertain and dependent on further market signals. Bitcoin and Ethereum Options Set to Expire Today, Bitcoin and Ethereum options worth approximately $2.04 billion are set to expire. These expirations frequently cause increased market volatility as traders rebalance their positions. The maximum pain price—the level at which the most options expire worthless—is $98,000…
Blockchain-based asset management firm Superstate said on Thursday it has registered its digital transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commission (SEC), a move aimed at bridging tokenized assets with existing financial regulations. Transfer agents help issuers manage shareholder records, process transactions, and distribute dividends. As securities increasingly move on-chain, digital transfer agents play a critical role in maintaining compliance and governance. Superstate Services will use blockchain-integrated record-keeping to track ownership in real time. A smart contract-driven allowlist will ensure that only approved investors can acquire tokenized shares. “Through this innovative approach, Superstate advances tokenized security…