Author: NBTC
Yesterday both the Bitcoin price and the forecasts on its price have become positive. Indeed, the market value of BTC has returned above $70,000, something that had not happened since before the halving on April 20th. The jump in the quotation and the new forecasts on the price of Bitcoin The news about ETFs The forecasts on the new quotation of Bitcoin The medium term The long term The jump in the quotation and the new forecasts on the price of Bitcoin Yesterday morning the price of Bitcoin was around $67,000. It was a level absolutely in line with that…
Much like many other prominent cryptocurrencies, Ethereum (ETH) has been offering a relatively strong overall performance since the start of 2024, but has been struggling since in the last 30 days of trading. Indeed, though ETH is up nearly 50% since January 1 and, having crossed above $4,000 in March, though it managed to reach highs not seen in years, the last month saw a decline of approximately 11%. Nonetheless, given that June 25 saw another turning of the tide with numerous cryptocurrencies beginning to reverse the downtrend, Finbold decided to consult several of the leading artificial intelligence (AI) platforms…
GameStop’s stock price plunged Friday following an early (and rough) Q1 earnings report release from the video game retailer. But the unofficial GME meme coin on Solana is still flying high this week, hitting an all-time high price just hours before influential trader Roaring Kitty (aka Keith Gill) holds his first livestream in three years. GME, a GameStop tribute coin that launched back in January, is up 70% over the last 24 hours at a current price of $0.021, and now has jumped 467% on the week amid GameStop meme stock fever. The token has now spiked by over 5,000%…
Sen. Ron Wyden (D-Ore.) has been a long-standing member of the U.S. Senate, and was a sponsor or co-sponsor of several key pieces of legislation enabling broad adoption of the internet. More recently, he voted in favor of a House Resolution overturning the Securities and Exchange Commission’s Staff Accounting Bulletin 121, and questioned threats to personal and financial privacy online. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Privacy hawk The narrative Last month, Sen. Ron Wyden spoke at CoinDesk’s Consensus 2024 conference. As…
Key contributors to Xai, the Ethereum-based layer-3 gaming network, say they aim to build the next Valve, developing their ecosystem in a similar way to the video game titan behind the Steam marketplace and some of the best-loved games of all time. Tobias Batton, co-founder and CEO of Ex Populus—a game studio that works closely with the Xai Foundation as a “labs company” of sorts, he previously told Decrypt’s GG—explained that the Valve model is how they envision the future of the gaming network. In the same way that Valve has its own internal studio creating games like Half-Life, Counter-Strike,…
Alchemy Pay, a Singapore-based payment gateway bridging crypto and fiat currencies, has partnered with South Korean firms Danal and Danal Fintech to expand their global reach and enhance payment solutions. 🚀#AlchemyPay, Danal, a leading integrated payment business company, and Danal Fintech, the largest virtual asset payment service in Korea, announced the signing of a strategic partnership agreement📜.This agreement aims to enhance the competitiveness of both parties’ payment… pic.twitter.com/YuYjU9nniH — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 25, 2024 This agreement demonstrates a commitment to creating synergies through a stronger partnership and an expanded payment ecosystem. By combining their expertise in…
Macro strategist Jim Bianco is blowing up the narrative that institutions and high-net-worth investors are the ones heavily accumulating shares in Bitcoin (BTC) exchange-traded funds (ETFs). Bianco tells his 398,400 followers on the social media platform X that new mandatory 13F filings with the U.S. Securities and Exchange Commission (SEC) reveal the breakdown of investor types in the spot BTC ETFs for the first quarter of 2024. “Anyone with over 5% beneficial ownership or at least $100 million in assets must file a 13F within 45 days of the end of the quarter. This was May 15th. ~7,000 were filed.…
Ethereum price consolidated within the $3,550 – $3,400 narrow range over the weekend however, spikes in on-chain activity suggests investors are now bracing up for a major swing in market momentum in the week ahead. Ethereum Price Volatility Heightens as ETF Launch Nears ETH, the second-largest cryptocurrency, has been subject to intense market volatility over the past week. Prolonged delays surrounding the official launch of the newly-approved ETH spot ETFs has triggered anxiety, not only among Ethereum holders, but investors across the global crypto markets as well. However, the latest filings reported by Bloomberg shows that the likes of Blackrock…
Howdy! If you’re reading this, I’m somewhere in New Hampshire, hopefully not getting eaten by a bear. In honor of New Hampshire’s (awesome) state motto of “Live Free or Die,” let’s dive into an entirely market-based governance system that’s currently being tried on Solana. It’s fun Friday! MetaDAO pioneers “futarchy” governance on Solana Solana has been the land of native token airdrops for the past several months, and with these airdrops often comes governance processes for which to use these new tokens. But even at its best, DAO-based governance can suffer from low turnout and misaligned incentives. On Solana, MetaDAO…
US Representative Jamaal Bowman, one of the anti-crypto Congressmen who voted against the FIT 21 bill, lost to Democratic George Latimer in the New York primary, according to Fox Business journalist Eleanor Terrett. The victory was partially influenced by the pro-crypto lobby group FairShake, which launched a $2 million publicity campaign against Bowman last week. “Jamaal Bowman fought against setting clear rules of the road for the crypto and blockchain industry, and tonight he’s looking for a new job. The crypto and blockchain community will continue to support candidates who believe in innovation and job creation and reach across the…