Author: NBTC
A cryptocurrency analyst predicted that Bitcoin would reach an all-time high of $73,794 this quarter. In his podcast, Thinking Crypto, the analyst highlighted various indicators that suggested a momentum build-up in the crypto market. Bitcoin has maintained a bullish outlook despite failing to fulfill most crypto users’ expectations in October. At the time of writing, the BTC was trading at $64,103, having recorded a 30% recovery from its pullback from its March all-time high. The flagship crypto dropped below $50,000 in August but has gained bullish momentum. Read also: Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains The analyst…
Shibarium stunned the community earlier, as transactions on the layer-2 blockchain network skyrocketed significantly over the weekend. Per data from Shibariumscan, the layer-2 transactions moved from 3,690 on Oct. 17 to a high of 324,590 as of Oct. 19. Unusual Shibarium transaction trend still on As observed on-chain, the Shiba Inu scaling solution retains the massive transaction boom on-chain. While it has dropped from the current high printed on Oct. 19, the daily transaction comes in at 128,050, marking a 3,370% jump in a matter of days. It remains unclear what boosted this massive transaction boom. However, it underscores how…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. When Coinbase CEO Brian Armstrong speaks, the crypto industry tends to listen. His recent X post reminded me of what Twisted Sister first sang out in 1984: “We’re not gonna take it anymore.” (I would only hear this years later, after my birth). If you didn’t see, here’s the post: You see that Armstrong called out the hire of Gurbir Grewal, who had been the SEC’s enforcement division director since 2021. He departed the agency in October and later that month joined the litigation and arbitration…
On December 4, Bridge CEO, Zach Abrams announced their partnership with Fuse Wallet to introduce virtual US bank accounts that allow users to directly receive payments in USDC through traditional USD bank transfers. thrilled to partner with the @fusewallet team. with this launch, global consumers can now easily save and spend in dollars. And your Fuse wallet will keep getting better. We’ve got a lot more in the works, excited for all the Bridge + Fuse teams will ship in the months ahead. https://t.co/spxc06dJF0 — Zach (@zcabrams) December 4, 2024 Bridge Joins Force With Fuse To Enhance USDC Accessibility The…
CARV has taken a significant step toward ensuring fairness, transparency, and security within decentralized applications. This web3 backbone, by its alliance with Mind Network, is integrating Fully Homomorphic Encryption (FHE) into its ecosystem. This cutting-edge encryption technology will power secure and verifiable random number generation (RNG). This technology will set new standards for privacy-preserving solutions in gaming, AI, and decentralized governance. CARV has partnered with @mindnetwork_xyz to integrate Fully Homomorphic Encryption (FHE) into our ecosystem!FHE ensures secure, fair, and verifiable random number generation for gaming, AI, and decentralized governance.What’s in it for you:• Fairer, transparent game… pic.twitter.com/J8lnD5FlOA — CARV (@carv_official)…
As of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency’s market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38 billion. Current market data suggests bitcoin is in a consolidation phase just below $65,000, with bullish momentum appearing to build on multiple timeframes. Bitcoin On the 1-hour chart, bitcoin experienced a notable rise from $62,500 to nearly $65,000, spurred by a significant volume increase. This movement reflects strong buying interest, though bitcoin is now consolidating below the $65,000 mark. Traders are closely monitoring for…
Ripple CEO Brad Garlinghouse reacts to a viral video of the world’s richest man, Elon Musk, mentioning XRP for the first time. In a startling development, Elon Musk, the CEO of SpaceX and Tesla, mentioned XRP for the first time during a recent town hall discussion in Pittsburgh. Musk Mentions XRP The Crypto Basic reported yesterday that an attendee asked the world’s richest man whether he envisions the XRP Ledger (XRPL), the underlying blockchain of XRP, incorporated into financial institutions, especially given the SEC’s aggressive stance toward the digital asset. Responding, the tech mogul commented on crypto assets in general…
President-elect Trump has selected crypto supporter Paul Atkins to lead the SEC. This move is part of Trump’s broader goal to create a more crypto-friendly environment, a message that has been well received by the digital currency community. Atkins’ nomination is seen as a strategic choice to replace Gary Gensler, the current SEC chair, who has faced criticism for his strict regulations on the $3.5 trillion crypto market. Trump, a vocal supporter of crypto, expressed his excitement for Atkins’ nomination on his Truth Social platform, calling him a leader who supports common-sense regulations and understands the importance of digital assets…
Canadian fintech company Nuvei has unveiled a new blockchain solution targeting merchants across Latin America. In an announcement on Dec. 4, Nuvei revealed it would be partnering with several companies to bring this solution to the region. The partners include Rain, a Coinbase Ventures and Circle Ventures-backed vertically integrated issuing partner, BitGo, a crypto custody and wallet provider, and global payments giant Visa. Nuvei leverages the various solutions available via these platforms to make it easy for businesses to use stablecoins as a payment option. The supported stablecoins include USDC (USDC). Via its collaboration, the Canada-based firm allows merchants across…
Spacecoin, an upcoming Decentralized Physical Infrastructure Network (DePIN) project, announced plans to launch its first satellite, CTC-0, on December 21. The satellite is being labeled as the first-ever decentralized satellite constellation to provide global 5G internet access. Spacecoin’s Satelite Will Use Elon Musk’s SpaceX Falcon 9 Rocket CTC-0 will launch aboard SpaceX’s Falcon 9 rocket from the Vandenberg Space Force Base as part of the Bandwagon-2 rideshare mission. Its primary focus is on delivering internet access to underserved regions, particularly in emerging markets where reliable connectivity remains a challenge. Spacecoin is using blockchain and Low Earth Orbit (LEO) nanosatellites to…