Author: NBTC

Mike McGlone, Bloomberg’s leading analyst, is convinced that Bitcoin, the leading cryptocurrency by market cap, could indicate a potential peak for the S&P 500 index against gold. The top analyst has noted that 2.3 ounces of the metal equal to the S&P 500 Index on Dec. 31 is below the 2.4x SPX/gold ratio high in 2018. McGlone has opined that 2.4x could be a formidable resistance threshold. The price of gold was up by nearly 29% in 2024, outperforming the flagship S&P 500 index. The analyst believes that the yellow metal will likely have an upper hand in 2025 if…

As the new year begins, Litecoin (LTC) has achieved a significant milestone. It surpassed 300 million transactions, marking a historic moment for the cryptocurrency and its community. Launched in October 2011 by Charlie Lee, Litecoin was designed to complement Bitcoin by offering faster transaction times and lower fees. Litecoin’s 300 millionth transaction: ✅If you missed it, here’s my short piece celebrating the milestone, and how @litecoin is achieving what the G20 & European Central Bank can’t. https://t.co/QQG3BZsnH3 via @LTCFoundation — Robbie Coleman (@robertfcoleman) January 6, 2025 The 300 million transaction milestone highlights Litecoin’s adoption and utility as a payment network.…

Capital movement across blockchain networks is always a key sign for judging investor confidence and network activity. Looking at the last week, Base blockchain came out on top for positive net flow, doing better than all other chains. Solana was right behind, taking second place even with ongoing worries about its network stability. Base and Solana Dominate Blockchain Net Inflows Bitcoin, Ethereum, and Arbitrum also saw positive net flows, though not as much. On the other hand, Polygon PoS, Sui, and StarkNet had minor inflows, while Avalanche C-Chain and OP Mainnet experienced significant outflows. Notably, OP Mainnet had the biggest…

Bitcoin (BTC) prices could rise to as high as $150,000 in 2025 and reach $250,000 in the long term, according to James Butterfill, Head of Research at crypto asset management firm CoinShares. CoinShares Predicts Bitcoin Could Reach $150,000 by 2025, Long-Term Target Is $250,000 Butterfill shared his views with CNBC, predicting that Bitcoin’s price in 2025 will range between $80,000 and $150,000. Butterfill emphasized that in the long term, it is “not unreasonable” for Bitcoin’s market cap to rise from its current 10% gold market share to around 25%, which would equate to a price of $250,000 per Bitcoin. But…

In a recent episode of Let’s Talk Cardano, Yat Siu, the founder of Animoca Brands, discussed the transformative potential of Web3, decentralization, and the metaverse. During a compelling conversation with the talk show’s host, Alex Apeldoorn, Siu shared his perspective on the evolution of technology. Yat Siu has showcased the importance of decentralization and how his early experiences shaped his path toward creating a more equitable digital future. The Animoca Brands co-founder mentioned his journey into the world of decentralized technologies was influenced by his early life. Yat Siu admitted to being shaped by experiences in different countries, which continued…

Omni Network has integrated Superstate’s tokenized US Treasury bond fund, adding it to its balance sheet as part of its efforts to optimize treasury management. The interoperability protocol announced the partnership with Superstate on February 17. The plan is to use Superstate’s USTB fund as part of its treasury management strategy. Omni Network will use the tokenized Treasury asset to augment its balance sheet, which will help the team optimize its treasury management strategies while maintaining liquidity and flexibility. Superstate’s USTB, currently a $274 million tokenized treasury product, provides investment exposure to short-term US Treasury bonds. The fund allows holders…

Sid Powell, co-founder and CEO of decentralized finance platform Maple Finance, has predicted that Bitcoin could reach a price range of $180,000 to $200,000 by the end of 2025. Powell shared his views in an interview with CNBC’s Squawk Box Europe, citing several factors that could be driving Bitcoin’s potential rally, including institutional adoption and the expected impact of Bitcoin ETFs. Powell highlighted the similarities between the launch of Bitcoin ETFs and the earlier launch of gold ETFs, which saw significant inflows in their early years. “Historically, if you look at it, when we’ve seen gold ETFs launch, the inflows…

The start of 2025 has been pretty wild for the cryptocurrency market. With all the ups and downs and changing sentiment, XRP is the only altcoin that has seen major investment, raking in $5.7 million, according to the latest report by CoinShares. This comes after a rough end to 2024, when global digital asset inflows hit a record $44.2 billion, but the last two trading days of the year saw $75 million in net outflows, showing that investors were being cautious as the year came to a close. XRP, on the other hand, did surprisingly well. In 2024 alone, XRP-focused…

In a latest development, Hong Kong is potentially considering to explore gold tokenization and AI-blockchain integration to innovate finance and boost digital economy. The world’s biggest cryptocurrency and Web3.0 event, the Consensus Conference, kicked off in Hong Kong on the 18th. Notably, this is the first time in five years that the event has been held outside the United States. Hong Kong’s Financial Services and Treasury Bureau Director, Xu Zhengyu, revealed that the city is exploring gold tokenization and advancing digital finance to drive participation in the real economy. At the Consensus Conference, Xu Zhengyu highlighted Hong Kong’s growing role…

Bitcoin (BTC) could surge to $160,000 by 2025, according to cryptocurrency financial services firm Matrixport. Matrixport Predicts Bitcoin Could Reach $160,000 in 2025 with Limited Corrections As reported by CNBC, the firm suggests that the rally will be fueled by strong demand for Bitcoin exchange-traded funds (ETFs), positive macroeconomic trends, and expanding global liquidity pools. Markus Thielen, Research Director at Matrixport and founder of 10x Research, explained the optimistic outlook: “This forecast is supported by sustained demand for Bitcoin ETFs, supportive macroeconomic conditions, and a growing global liquidity pool,” Thielen said. Thielen also noted that the increasing presence of institutional…