Author: NBTC

Bitcoin Set to Hit $70,000 with Trump’s Historic Crypto Move, Harris’s Pro-Crypto Shift, and Fed Rate Cuts. As Bitcoin nears a significant milestone, approaching $70,000, BTC is regaining prominence in financial discussions. Pivotal political endorsements and favorable economic conditions fuel this renewed interest. A recent YouTube video titled “The Real Reason Bitcoin is About To Hit $70,000!” by Altcoins Daily highlights these key developments. Bitcoin’s Evolution and ‘Moon Mission’ With its 16th anniversary on the horizon, Bitcoin $BTC is perceived as a pioneer of a financial revolution. Experts suggest that Bitcoin is poised to surpass the $70,000 mark shortly, describing…

Two major US carriers are testing traffic offloading onto the decentralized Helium Mobile Network. Helium’s decentralized wireless network is gaining traction, enabling global devices to connect freely to the internet. In a tweet, Helium announced that two major US carriers have begun testing to dump their traffic onto the Helium Mobile Network. This is a watershed event in the evolution of decentralized networks, showcasing their rising support for established telecoms corporations. Carrier Has Arrived 👀🥁 2 large US carriers have initiated tests to offload their traffic onto the @Helium MOBILE Network, and the results are lighting up the charts! Decentralized…

Pro-crypto billionaire Mark Cuban has set his gaze on the Securities and Exchange Commission chair position after demanding Gary Gensler’s sack. A day after American billionaire Mark Cuban advocated for the sack of Gensler, he declared his intentions to replace the SEC chairperson. In an interview with Fox News, Cuban stated he would take the position of head of the SEC. When asked which job he would hold in the Kamala Harris government, Cuban said without hesitation that he would take on the position of the SEC Chairperson. The pro-crypto billionaire chose this position over appointments like Treasury Secretary and…

With its Bitcoin portfolio, MicroStrategy is almost ready to achieve an incredible milestone as it approaches a $7 billion profit. Bitcoin is getting close to $7,000,000, which suggests that the company’s aggressive accumulation strategy is working. This most recent development is evidence of MicroStrategy’s long-term strategy, which has made the company synonymous with massive Bitcoin investments under the direction of CEO Michael Saylor. The company’s approach has been quite simple: acquire Bitcoin at different prices independent of the state of the market and retain it as a reserve asset. Due to their consistent buying of Bitcoin during market downturns, MicroStrategy…

In comments to Bloomberg today, SEC Chair Gary Gensler discussed BNY Mellon’s crypto custody structure. He suggested that the model used for Bitcoin and Ether ETFs could be applied to other digital assets. While the current approval applies only to Bitcoin and Ether ETFs, Gensler noted that the custody structure is not limited to specific crypto assets. “Though the actual consultation related to two crypto assets, the structure itself was not dependent on what the crypto was, it didn’t matter what the crypto was.” said Gensler. BNY Mellon now has the flexibility to extend its custody services to other digital…

The Zcash Foundation approved a proposal to create a browser-compatible library for web wallets and plugins. MetaMask matched $150,000 to support the development of a MetaMask Snap for Shielded ZEC integration. The Zcash Foundation has announced on the Zcash Community Forum that the Zcash Grants 4 Committee approved a key proposal targeted at expanding the Zcash ecosystem at its most recent meeting. This extension will be accomplished by creating and providing a browser-compatible library with essential primitives for online wallets and browser plugins. Whoo-hoo! Zcash coming to MetaMask thanks to MetaMask and the Zcash Community Grants Committee!https://t.co/jg5zARnGMW pic.twitter.com/6CqvEvqYb3 — zooko🛡🦓🦓🦓…

Known for her anti-Bitcoin (BTC) and anti-cryptocurrency stance, US Vice President Kamala Harris has been making positive statements about digital assets in recent days. At this point, Democratic nominee Harris made her first public comments on the cryptocurrency sector during a Wall Street fundraiser in Manhattan. In her speech, Harris said she is committed to encouraging innovation in technologies such as artificial intelligence and digital assets while ensuring the protection of consumers and investors. While these statements from Harris were received positively in the cryptocurrency industry, a statement came from Democratic congressman Ro Khanna. You Can’t Be Against Bitcoin (BTC)…

In a recent interview with Jeremy Szafron of Kitco News, financial analyst Clem Chambers discussed the surging prices of Bitcoin and gold, offering his unique insights into the reasons behind these movements and what they signal for the future. The conversation began with the notable milestone of Bitcoin surpassing $65,000, though it quickly faced some profit-taking. Simultaneously, gold was hovering near record highs at around $2,700, reflecting an interesting period for both asset classes. Chambers linked these developments to central bank liquidity injections, pointing out that China’s central bank had injected liquidity into its economy and the Federal Reserve had…

The highly successful author of the “Rich Dad Poor Dad” series of personal finance books, Rober Kiyosaki, has recently doubled down on his prediction of what could potentially be “one of the greatest financial crisis in world history.” Echoing the sentiments of investment banker Jim Rickards in his new work MoneyGPT, Kiyosaki took the microblogging platform X (formerly known as Twitter) to tell his over 2.6 million followers they should move to protect their wealth from the potential storm. Kiyosaki emphasized the importance of holding physical assets, particularly silver coins and Bitcoin, and argued that in times of crisis, silver…

What is XRPL? XRP Ledger (XRPL) is a decentralized public blockchain designed for fast transfers of XRP, fiat currencies and digital assets, accessible to anyone for development. It was created in 2012 by Jed McCaleb, Arthur Britto and David Schwartz under Ripple Labs with the goal of providing a global payment infrastructure that also supports the digital asset XRP. XRPL was developed to address inefficiencies in the traditional financial system, using the XRP Ledger Consensus Protocol instead of Bitcoin’s energy-intensive proof-of-work. This protocol, known as the Ripple Protocol Consensus Algorithm (RPCA), allows validators to collaboratively determine transaction validity and order.…