Author: NBTC
Bitcoin (BTC) briefly touched the $100,000 level before falling to $95,000, but according to investment management firm ARK Invest, this is a temporary pause before BTC sees a significant increase in value. David Puell, research associate at ARK Invest, shared an optimistic outlook during an interview, saying: “We are more or less forecasting price targets of $104,000 to $124,000 by the end of the year. With the caveat that this is not a recommendation, but price action so far has held up quite nicely to that forecast.” Puell bases his predictions on Bitcoin’s historical seasonality (patterns observed in previous bull…
Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to a statement from the Central Bank of Russia (CBR) reported by Interfax on Dec. 28. The program previously included 12 credit organizations, with expectations for an additional 14-15 banks to onboard in 2025, said Olga Skorobogatova, former First Deputy Governor of the CBR in an October statement. With the participation of the three new banks, the program now includes 15 credit organizations, adding to the existing participants such as VTB, Alfa-Bank, DOM.RF Bank, Ingosstrakh Bank, Gazprombank, Ak Bars Bank, MTS Bank,…
The race to launch XRP-focused exchange-traded funds (ETFs) is heating up, with top asset managers submitting applications to the U.S. Securities and Exchange Commission (SEC). These ETFs aim to offer institutional and retail investors direct exposure to XRP, the fourth-largest cryptocurrency by market cap, through a regulated financial product. Here’s everything you need to know about the emerging XRP ETF landscape and what it means for the crypto market. Asset Managers Seek to Launch XRP ETFs WisdomTree is the most recent asset manager to file an S-1 application with the SEC to launch an XRP ETF. Notably, the WisdomTree XRP…
As President-elect Donald Trump prepares to take over the White House next year, expectation surrounding David Sacks’ role as the United States’ crypto czar grows in the cryptocurrency sector. In a conversation with BeInCrypto, industry leaders Ryan Chow of Solv Protocol and Kadan Stadelmann of Komodo expressed their optimism about Sacks’ appointment, expecting favorable changes toward a more industry-friendly regulatory environment. Crypto Industry Embraces Sacks Appointment Earlier this month, Trump appointed Sacks, a seasoned entrepreneur and investor with over two decades of Silicon Valley experience, as the White House cryptocurrency and AI czar.Sacks brings extensive experience to this role, having…
Self Chain company, a leader in blockchain systems, has incorporated with Pirates of the Arrland, a disruptor in the blockchain gaming industry, to revolutionize the gaming industry. This cooperation combines the best of blockchain and 3D PVP tactical battles with GameFi elements and unified on-chain strategies that create a fresh trend in the industry. 📢 Partnership Announcement 📢We’re thrilled to welcome @ArrlandGame to the Self Chain Ecosystem!Together, we’re redefining blockchain gaming with an immersive, player-centric experience that merges on-chain strategy and 3D PVP tactical battles. 🧵⤵️ pic.twitter.com/C1IUAx1iLO — Self Chain (@selfchainxyz) December 30, 2024 Pirates of the Arrland: A Player-Centric…
Bitget has announced that MomoAI (MTOS) will be listed in the Innovation, GameFi, and TON Ecosystem Zone, further expanding its list of gaming and blockchain-focused assets. Bitget to List MomoAI (MTOS) with 7.66 Million Token Airdrop Important Dates for MTOS Trading Deposit: Already available Trading: Start date January 6, 2025, 17:00 Withdrawal: Starts at 17:00 on January 7, 2025 Trading Pair: MTOS/USDT 7.66 Million MTOS Airdrop Campaign Bitget is offering a chance to win 7,666,000 MTOS tokens through the PoolX Lock BGB for Airdrop event. Lockout Period: 31 December 2024, 03:00 – 6 January 2025, 04:00 Eligibility: Participants must lock…
Bitcoin surges above $96K, targeting $109K with bullish market indicators in play. Failure to hold $100K might trigger a correction to $87K support, analysts warn. Dormant wallets awaken, as Bitcoin’s MDIA drops 27%, signaling growing market activity. Bitcoin has made a strong comeback, jumping above $96,000 after a dramatic dip to $90K just days ago. This price change has gotten a lot of people talking as Bitcoin gets closer to reaching the $100K mark. Perhaps according to Financelot’s latest analysis, Bitcoin could climb as high as $109K before possibly pulling back. Bitcoin Bullish Indicator Hint $109K Bitcoin has recently surged…
PitchBook analyst Robert Le expects crypto VC funding to be “much much stronger” in 2025 compared to 2024. “We’re going to see $18 billion or more in venture capital dollars that’s going to be invested into crypto,” Le told CNBC’s Jordan Smith. That’s a 50% increase from 2024, but still less than the roughly $30 billion “that was invested in 2021 and 2022,” he added. 2023 and 2024 recap Le described 2023 as a challenging year for crypto funding due to the collapse of FTX, erosion of trust, and higher interest rates. However, 2024 started strong with positive momentum driven…
The Cosmos-powered Noble blockchain has become the first to launch a new dollar-denominated token, USDN, using decentralized stablecoin infrastructure provided by stablecoin startup M^0, according to an announcement on Thursday. The popular M^0 project is attempting to bridge the gap between permissioned stablecoin issuance and the power of decentralized networks. M^0 is an Ethereum protocol that provides a “stablecoin extension engine” that allows developers to take M^0’s iconic stablecoin, $M, and customize a variety of features, including branding, built-in compliance tools, and yield distribution. The M^0 network, backed by firms including Bain Capital, Galaxy Ventures, and Wintermute Ventures, offers turnkey…
Renowned crypto lawyer Bill Morgan has blasted FOX business journalist Charles Gasparino for referring to Judge Analisa Torres as “doltish” over her ruling in the ongoing SEC Vs Ripple case. Morgan highlighted the facts behind the judge’s ruling, explaining that it was based on the SEC’s submissions. Hence, Gasparino cast his negative aspersions on the wrong target. You think Judge Torres is doltish because she decided that Ripple’s institutional sales directly to institutions are investment contracts and programmatic sales in the secondary market were not investment contracts despite the vastly different facts between the different sales… https://t.co/4R1erTDNgN — bill morgan…