Author: NBTC
MicroStrategy (MSTR) is about to make short sellers wish they had stayed in cash. This software company turned Bitcoin whale looks posied to be a problem for the bears betting against it. With over 444,000 bitcoins in its arsenal right now, MicroStrategy owns more Bitcoin than any other corporation in the world. President-elect Donald Trump’s pro-crypto policies are fueling a meteoric rise for the industry. He is expected to flip the script on regulation and set up a strategic national Bitcoin reserve. But what’s really about to light up is MicroStrategy, just as it joins the Nasdaq-100. This will force…
Thailand is considering a potential Bitcoin pilot project, proposed by former premier Thaksin Shinawatra, to be tested in Phuket as a tourism-focused sandbox. The proposal has received support from the Binance Thailand CEO, who sees it as a positive step for the country’s competitiveness and ability to attract tech-savvy visitors. However, despite efforts from industry advocates and some political proponents to turn the Kingdom into a digital hub, crypto payments remain outlawed in Thailand by the central bank. Thailand Warming to Crypto? The proposal “reflects not only the momentum of global crypto adoption but also demonstrates that leaders at the…
There’s a lot of Bitcoin holders lining up to cash in on the huge gains BTC saw last month. That kind of selling pressure could cause some turbulence in markets, according to BRN analyst Valentin Fournier. “The Bitcoin spot sell wall currently exceeds 4,000 BTC and shows no signs of diminishing, as Bitcoin’s price remains relatively stagnant this week,” he wrote in a note shared with Decrypt. “This sell wall serves as a key indicator of the selling pressure that needs to be overcome for Bitcoin to break through the six-figure mark.” At the time of writing, Bitcoin’s price has…
The DeFi landscape evolved in the past few years, with a shifting balance of the most widely used chains. A trend has formed where Ethereum (ETH) is still the leader in nominal value locked, but has a smaller share of the DeFi market as a whole. The DeFi market is shifting, as Ethereum (ETH) was joined by several other chains with successful financial apps. At the end of 2023, the influence of Ethereum over the entire DeFi sector was at 72.2%. Total value locked (TVL) in DeFi was at $109B, still affected by the bear market. In the past 12…
Coinbase’s CEO unveils a bold plan to end failed lobbying, channeling tech money into pro-innovation candidates and rallying millions to reshape Washington’s future. Coinbase Ends Decade of Failed Policy – Armstrong Reveals the Bold New Plan Brian Armstrong, CEO of crypto exchange Coinbase (Nasdaq: COIN), has emerged as a prominent advocate for reshaping how the tech industry engages with Washington D.C. “Tech will continue to have lots of influence in DC as long as we keep supporting candidates who are pro-tech and pro-business, regardless of which party they are in,” Armstrong remarked in a post on social media platform X…
XRP spikes 20% following Ripple’s announcement on the New York Department of Financial Services (NYDFS) approval for its RLUSD stablecoin. Brad Garlinghouse, the company’s CEO, first disclosed the development in a December 10 X post. This just in…we have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first. — Brad Garlinghouse (@bgarlinghouse) December 10, 2024 Notably, the NYDFS finally approved the stablecoin for launch after months of consideration. Ripple has been pushing to secure the regulator’s greenlight over the past few months.…
Off the Grid has only been available for a couple months, but it’s by far the best crypto game of the year—and it’s not even really close. If we’re talking pure numbers, then Hamster Kombat blew most games out of the water by racking up 300 million players this summer. But the monotonous tap-to-earn mini app ultimately felt like a financialized gimmick thinly veiled as a game, and the resulting airdrop hardly justified the hype. As for Off the Grid, the game impressed both Web2 and Web3-native gamers by offering up a legitimately great competitive shooter that rivals other AAA…
As Bitcoin (BTC) seeks to claim the $100,000 mark, the asset’s historical price movement signals a potential push toward a new all-time high. The maiden cryptocurrency has been trading within a clear channel-up formation throughout November 2024, echoing a similar bullish pattern seen in November 2023, according to cryptocurrency trading expert TradingShot. As per the analyst, despite resistance near the psychological $100,000 level, historical movements indicate that Bitcoin could break through soon, potentially reaching $140,000 by early 2025. A breakdown of Bitcoin’s chart reveals striking similarities between the lows of August 2024 and August 2023, when prices briefly dipped below…
A bold step forward has been taken from the Movement ecosystem as Halo announced its strategic partnership with Avitus. This alliance aims to revolutionize trading scalability and efficiency. It sets a new standard for innovation within the DeFi ecosystem. Halo, an innovator in the Movement ecosystem, has announced the partnership through its official X account. The other collaborator, Avitus, is a scalable DeFi trading platform. 🌟 Thrilled to Partner with @avituslabsxyz!Avitus brings the most liquid perpetual DEX to the Movement ecosystem, redefining trading efficiency and scalability. 🚀Together, we’re pushing boundaries on @movementlabsxyz! 💎 pic.twitter.com/c7Iy7ocOz0 — Halo | halo.social 😇 (@HaloDotSocial)…
Tech stocks are having their biggest year in decades, with 2024 turning into a profit carnival for companies tied to artificial intelligence and crypto. The Nasdaq exploded with a 33% jump, while other U.S. indices flexed double-digit gains. From AI-powered ad platforms to Bitcoin-fueled investments, the tech market has become the ultimate money machine, pumping out billion-dollar valuations like a broken faucet. Businesses are adopting at breakneck speed while the average consumer remains clueless about what AI even does. But nothing turbocharged the market quite like Donald Trump’s election victory, heavily bankrolled by crypto giants. With just four trading days…