Author: NBTC

Max Keiser, Bitcoin maximalist and advisor to El Salvador’s president Nayib Bukele on all things Bitcoin, has published a tweet in which he revisited his ultra-bullish prediction for the future price of the world’s largest crypto. “Bitcoin to trade over $220,000 very soon” Keiser tweeted that Bitcoin is likely to skyrocket to a new all-time high of $220,000 due to a key reason – another safe haven asset, gold, reached a new all-time high of $2,713.88 per ounce for the first time in four years. The previous ATH was hit in 2020, when the world faced the pandemic and investors…

A market commentator calls attention to the potential impact a revival of the smart contracts platform Codius could bring on the XRP Ledger (XRPL). For context, Stefan Thomas, former Ripple Chief Technology Officer (CTO) and now CEO of Coil, recently revealed plans to develop a new version of Codius, the smart contract platform he pioneered. Thomas shared the update on a recent Future Money podcast, mentioning that it remains early to discuss specifics. His announcement has triggered comments, with industry pundits like Max Avery highlighting the potential impact this could have on the XRPL. Codius’ Core System In a recent…

MetaMask added a fiat on-ramp feature through Venmo, allowing US users to buy crypto using the payment app, according to a Nov. 27 announcement. Crypto-focused fintech Moonpay enabled the new payment method. Venmo, a PayPal subsidiary, introduced crypto transfers for its customers in April 2023. The company has supported buying, holding, and selling crypto since 2021. Although the MetaMask fiat-to-crypto option is available in roughly 200 countries, the Venmo partnership is only available for US users. Efforts on payments MetaMask first launched a fiat-to-crypto feature in April 2023 and has since added support for payment options via Apple Pay, debit…

A “diamond hands” Bitcoin investor, which has been holding the major cryptocurrency for the last five years, has made headlines by selling 199 BTC, valued at approximately $13.55 million, just over one hour ago, as Lookonchain reported. Initially, this anonymous investor had withdrawn 801 BTC, worth around $8.25 million, from the Huobi exchange, at a price of $10,297 five years ago. However, in the last month, they sold 500 BTC for about $32.13 million. After these transactions, the investor currently holds 301 BTC, equivalent to roughly $20.42 million, resulting in a total profit of $44.28 million. Meanwhile, the price of…

The market highlights show impressive gains among several cryptocurrencies on October 27, 2024. Leading the pack is Shapeshift Fox ($FOX), which surged by an impressive 30.6%. This significant rise reflects growing interest and positive market sentiment. DAILY GAINERS$FOX +30.6% $NOS +27.1% $TROY +26.2% $SEAM +19.5% $ORCA +16.1% $SXP +15.6% $RAY +14.2% $SWEAT +12.9% $XETA +12.0% $TNSR +11.1%#dailygainers pic.twitter.com/lBjVWbHgcz — PHOENIX – Crypto News & Analytics (@pnxgrp) October 27, 2024 NOSANA ($NOS) Soars 27.1% Closely Following $FOX In second place is NOSANA ($NOS) which has risen by 27.1%. It appears that investors have high expectations for it. TROY ($TROY) also had…

French Hill wants clear rules to help crypto companies grow and access banking without barriers. Restrictive banking rules hurt crypto growth and push companies to move to other countries. U.S. leadership in financial technology depends on fair policies and strong support for digital assets. Congressman French Hill is a leading candidate for the House Financial Services Chair and has promised reforms in banking access for crypto companies. His focus includes eliminating restrictive practices and encouraging innovation in the financial sector to keep the U.S. competitive. Restrictive Practices Hurt Crypto Businesses Banks are limiting services to crypto companies due to increasing…

Annualized perpetual funding rates in small cap tokens after bitcoin’s (BTC) recent bullish pause has cooled jets in the broader market, shaking out over-leveraged positions and normalizing costs associated with betting on price rallies. One token, however, is still blazing hot: Solana-based decentralized exchange Raydium’s native cryptocurrency, RAY. As the only coin with annualized perpetual funding rates still exceeding 160%, RAY stands out among the small, mid and large-cap tokens as the most overheated cryptocurrency, according to data from VeloData. The elevated rate suggests the market for RAY is overcrowded with long positions, with leverage skewed heavily toward the bullish…

In a recent tweet, MicroStrategy chairman Michael Saylor highlighted what he believes might be the biggest regret for crypto holders in the future.“You are going to wish you had bought more Bitcoin,” Saylor wrote, warning cryptocurrency holders of the future regret they may feel if they do not act in the present. Saylor’s tweet resonated as many in the Bitcoin and broader crypto community shared this sentiment. His message was seemingly a warning to crypto holders: those who hesitated to buy or accumulate more may soon find themselves wishing they had acted sooner. You are going to wish you had…

PancakeSwap, the leading decentralized exchange (DEX) on BNB Chain and a prominent player across nine blockchain networks, has introduced PancakeSwap MEV Guard on the BNB Chain. This groundbreaking tool, powered by 48 Club, offers traders free, seamless protection against Miner Extractable Value (MEV) attacks—a long-standing vulnerability in decentralized finance (DeFi). The MEV Guard enhances the security, privacy, and efficiency of trading on PancakeSwap by shielding transactions from frontrunning, sandwiching, and other manipulative tactics that exploit public blockchain data. The feature promises traders better rates, reliable execution, and unparalleled safety through a user-friendly, single-click setup. The Growing Need for MEV Protection…

The stablecoin market, currently valued at $170.93 billion, dropped 2.7% since its August 30th high. Although the overall stablecoin supply grew 100x since 2019, recent changes reveal shifts in specific stablecoins. Global stablecoin supply is down over the last 60 days due to the decline of PayPal’s $PYUSD; however, the drop in supply looks insignificant compared to the 100x in stablecoin supply since early 2019 — current stablecoin market cap stands at $170.93BGet a full overview on… pic.twitter.com/9WbziDK72D — OurNetwork 🔎 (@ournetwork__) October 26, 2024 The market dip coincides with a 40% decline in the market cap of PayPal’s PYUSD…