Author: NBTC
DeFi protocol Derive’s Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally. Ethereum To Reach $12,000 Thanks To Pectra Upgrade And Other Factors Dawson predicted that Ethereum could reach $12,000 by the end of the year thanks to the Pectra upgrade, Donald Trump’s presidency, increased adoption, and a surge in ETF inflows. According to the research analyst, this bullish case is possible if the Pectra upgrade is successful. The…
XRP has surged to become the third-largest crypto by market cap, trailing only Bitcoin and Ethereum. This has reignited global interest, particularly in Korea. Ryan Kim, founder of crypto investment firm Hashed, highlighted the Ripple Market Korea project on X today, pointing to Korean investors’ strong interest in XRP. This interest has a long history, dating back to 2014 when Ripple Labs first introduced XRP to Korean investors, including “ajummas” — middle-aged Korean women who often wield significant influence in household financial decisions. Ripple Labs sold XRP to Korean Ajummas with Ponzi scheme in 2014. It called “Ripple Market Korea”.…
Crypto stakeholders have criticized the outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler for his continued hostility toward the crypto industry. In a recent Bloomberg interview, Gensler reiterated his concerns about the emerging industry, claiming that it was “rife” with bad actors. Gensler defends SEC legacy According to him, the financial regulatory agency made significant strides in policing the sector under his leadership. He noted that the SEC’s regulatory efforts under his leadership resulted in nearly 100 enforcement actions initiated during his tenure. He emphasized that these efforts were built upon the 80 actions taken by his predecessor, Jay…
Wintermute, a global leader in algorithmic trading and liquidity provision for digital assets, has become the first platform to offer OTC trading to BUIDL tokens. The CEO discussed this initiative in an interview on Bloomberg and highlighted why the company made the strategic move. The move will ensure enhanced accessibility and liquidity of BUIDL tokens for institutions and venture-backed projects. Wintermute aims to bridge the liquidity gap and provide the crucial piece that completes the value chain by enabling BlackRock’s BUIDL to be traded more efficiently on secondary markets. BUIDL token is highly demanded in the OTC market During the…
By giving smart contracts access to safe, practical data for wider applications, Chainlink’s decentralized oracles revolutionize them. Jake Claver sees the Ripple-Chainlink partnership as a key step in strengthening blockchain ecosystems and boosting RLUSD. Major players like Google and SWIFT are adopting Chainlink, highlighting its crucial role in bridging blockchain with real-world data. Jake Claver, a prominent advocate of XRP, recently expressed his thoughts on an X thread about the rising partnership between Chainlink and Ripple, especially in the context of supporting RLUSD. While Claver is bullish on XRP, his introduction to crypto began with $LINK. The Role of Chainlink…
The price of Bitcoin (BTC) has risen to the psychological milestone of $100,000. BTC price analysis by Coinidol.com. Bitcoin price long-term forecast: bullish On November 22, the Bitcoin price reached a high of $99,800 before falling back. The cryptocurrency has stalled below the $100,000 resistance level but is consolidating above the $98,000 support. On November 22, the candle shows a pronounced tail, signaling significant buying pressure at the current support. If the bulls hold their positions, the cryptocurrency could rise even further. Bitcoin will continue to rise if buyers hold the $93,000 breakout level and breach the $100,000 mark. Bitcoin…
From mecha suits for the mind to agentic interfaces, the Ethereum visionary weighs in. Ethereum (ETH) co-founder Vitalik Buterin has lately expressed both hope and caution on artificial intelligence. He highlighted the dual potential of AI in a series of tweets on X: as an existential threat due to the unfettered growth of autonomous systems, or as a revolutionary instrument to improve human skills. AI done wrong is making new forms of independent self-replicating intelligent lifeAI done right is mecha suits for the human mindIf we do the former without the latter, we risk permanent human disempowerment. If we do…
The voting exercise for the IOTA Rebased Protocol kicks off today as the governance vote is expected to appear in the Firefly or Bloom wallet. A successful approval would bring several benefits to the IOTA ecosystem, including the increase in transaction throughput and the facilitation of the transition to a delegated Proof of Stake (dPoS) system. The much anticipated IOTA’s (IOTA) Rebased Protocol will be subjected to governance voting starting today, December 2. As we reported earlier, the voting process will last for seven days. After this period, there will be another seven days of counting exercise where each IOTA…
Circle has joined Ripple, Coinbase, and Kraken in supporting President-elect Donald Trump’s inaugural committee. Circle co-founder and CEO Jeremy Allaire announced today that the company just donated 1 million USDC to Trump’s inauguration. “We are excited to be building a great American company,” Allaire said, noting that the Committee’s acceptance of USDC demonstrates “how far we have come, and the potential and power of digital dollars.” Established to oversee the events for Trump’s second inauguration, the Trump-Vance inaugural committee set a fundraising goal of $150 million. According to ABC News, contributions have already crossed this mark since last December. Ripple…
Thailand is launching a pilot program to allow foreign tourists to use cryptocurrency for payments in Phuket. Announced by Deputy Prime Minister Pichai Chunhavajira, the initiative aims to make digital payments easier and quicker for tourists while boosting the nation’s competitiveness in the tourism sector. Set to operate within Thailand’s existing legal frameworks, the project includes identity verification through local exchanges and a clearing house to convert Bitcoin (BTC) into Thai baht for merchants, according to The Nation. Speaking at a seminar organized by the Marketing Association of Thailand, Pichai emphasized the program’s compliance with current regulations, ensuring no legal…