Author: NBTC

Jurrien Timmer, director of global macro at Boston-based mutual fund behemoth Fidelity, believes that Bitcoin exchange-traded funds (ETFs) appear to be one of the main catalysts behind the recent rally that nearly brought the largest cryptocurrency to the much-coveted $100,000 price mark. The Fidelity executive has also taken note of levered speculators pushing Bitcoin’s open interest (OI) higher. “But it’s not just cash jumping on the trend. The open interest in the futures market is soaring as well, driven by hedge funds and levered speculators,” he said. As reported by U.Today, Galaxy Digital CEO Mike Novogratz recently predicted that Bitcoin…

Telegram’s first update of 2025 introduces collectible gifts, enabling users to transfer or trade upgraded gifts on NFT marketplaces. Telegram, a multi-platform messaging service, has kicked off 2025 with a major update, introducing collectible gifts that can be traded as non-fungible tokens on third-party marketplaces. In a blog post dated Jan. 1, Telegram announced that gifts sent or received on its platform can now be upgraded to “collectibles.” These collectibles feature unique designs, secondary traits like background colors and icons, and varying levels of rarity. According to Telegram, over 1,400 variations of gifts such as “Homemade Cake” and “Jelly Bunny”…

Infrastructure providers, such as Northern Data (NB2), are well positioned to benefit from the growing demand from artificial intelligence (AI) and high-performance computing (HPC) firms, broker Canaccord Genuity said in a report Thursday initiating coverage of the stock. Canaccord assumed coverage of the shares with a buy rating and a 60 euro ($62) price target. The stock was trading 2.4% higher at 45.65 euros at publication time. Companies like Northern Data are “building the railroad for the AI gold rush,” analysts led by Kingsley Crane said. The company’s Taiga Cloud business has come online at the “forefront of what is…

Digital asset markets are constantly evolving, with fresh and interesting projects emerging continuously. Today December 4, many tokens grabbed the attention of the crypto community. According to data shared by Phenix Group, cryptocurrencies with outstanding performance today include Tron, Amp, Status, RARI, JUST, Sharpe AI, Klever Coin, Braintrust, Hyperliquid, and Curve DAO. Each of these gainers displays extraordinary attributes and has witnessed unique market activity, providing smart investors with distinct avenues to make profits. Leading crypto gainers today Tron (TRX) TRX rose tremendously, displaying the most remarkable surge today. Tron outperformed other dormant cryptocurrencies with an impressive increase after its…

RavenQuest, a groundbreaking MMORPG, has claimed the spotlight as part of the Immutable Season 2024 Champions lineup. With over 250,000 active players and an impressive track record of achievements, the game is solidifying its reputation as a leader in the web3 gaming ecosystem. Combining immersive gameplay, community engagement, and blockchain technology, RavenQuest continues to redefine the boundaries of decentralized gaming. Immutable Season featuring RavenQuest@RavenQuestGame is a battle-tested MMORPG with 250K+ active players.RavenQuest won Best Adventure Game of the Year and is the most watched web3 game on Twitch. pic.twitter.com/CLkasmVx4I — Immutable (@Immutable) January 1, 2025 RavenQuest has emerged as one…

We just got confirmation that some time in 2025, Elon Musk will be launching X Money, a payment system built to transform X (formerly known as Twitter) into an “everything app.” That kind of app combines social media, payments, and possibly cryptocurrency into one chaotic, and perhaps world-changing experiment. If anyone can pull it off, it’s Elon—love him or hate him. The question now though is: will crypto finally get a seat at the table? Linda Yaccarino, X’s CEO, dropped the news on New Year’s Eve 2024. She also announced extras like X TV and Grok, Elon’s AI baby, to…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Bitcoin’s drop below $91,000 yesterday (those words would have spurred a double-take a month ago) felt rather substantial. Perhaps because of the anticipation of BTC hitting the six-figure mark for the first time — followed by a dip after falling just short (around $99,800).“However, bitcoin’s -8% dip over the last week barely rates when compared to the volatility during the 237 days of downward channel chop between Mar. 14, 2024 and Nov. 6, 2024,” Galaxy Digital research head Alex Thorn pointed out in a Tuesday note.…

This is a segment from the Empire newsletter. To read full editions, subscribe. It’s honestly difficult to recap the biggest narratives of 2024 simply because there were so many, but if I were to engage in that exercise then I’d have to say that tokenization — and BlackRock’s grand entrance into crypto — would high be on the list. Tokenized treasurys currently sit around $4 billion, according to RWA.xyz, making up a small portion of the RWA pie. Currently, total RWA onchain (excluding stablecoins) tops $15.2 billion. However, Carlos Domingo, CEO of Securitize, thinks that you could realistically cut out…

DEGN has released a Solana-based NFT that can be redeemed for a physical minting device called the Airmoney DEGN Genesis Edition. The device functions as a DePIN hardware wallet, allowing users to trade directly and print their wealth. According to its description on NFT marketplace Magic Eden, there are 1,690 numbered Airmoney DEGN Genesis Edition devices available for NFT buyers. Marketed as a “physical money printer,” the Airmoney DEGN enables users to trade, earn, and print physical money directly from the device. “The crypto world needed a physical money printer, so we built one. DEGN Genesis Edition introduces 1690 numbered…

The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has distributed $17.2 million in dividends since launch in March 2024. This marks a significant milestone for BlackRock (NYSE: BLK) and Securitize in the tokenization industry, paving the way forward. Notably, BUIDL is currently available on six leading blockchains and is a tokenized financial product focused on institutional players. In particular, these high-grade investors can get exposure to BUIDL on Ethereum (ETH), Aptos (APT), Arbitrum (ARB), Avalanche (AVAX), Optimism (OP), or Polygon (POL). The fund currently has $648.55 million in Total Asset Value, with Ethereum dominating by 74%, with $479.20 million. Avalanche…