Author: NBTC
Popular crypto strategist Benjamin Cowen is warning that one macroeconomic data could derail Bitcoin’s (BTC) breakout above $70,000. Cowen tells his 873,000 followers on the social media platform X that he believes Bitcoin’s reaction around the $70,000 psychological level will determine whether BTC follows the cyclical or the monetary policy view. The analyst points out that while Bitcoin has historically rallied during Q4 of a halving year, the anticipated breakout surge could be delayed by months if BTC follows the monetary policy view by taking a cue from macroeconomic data. “The cyclical view of BTC says it should go up…
This is a segment from the Empire newsletter. To read full editions, subscribe. Nobody really wonders what the next bitcoin will be anymore. That’s because Bitcoin won. There’s no “next” Bitcoin. Bitcoin is the next bitcoin and it’s already here. Better to build something else. It’s natural, then, that a fixation on the next Ethereum would then take over. After almost a decade of smart contract platforms launching to rival Ethereum, we now have more than 30 coins which you might consider would-be ETH killers. That includes tokens for newer chains like Sui, Sei, Celestia and TON, as well as…
Hong Kong is actively working to become a leader in digital finance by introducing tokenized real-world assets (RWAs). Driving this effort is the “Ensemble” project, launched under the Hong Kong Monetary Authority’s (HKMA) sandbox framework. Through this initiative, the city-state aims to use blockchain technology to transform how traditional assets, such as real estate and bonds, are traded and managed on-chain. By streamlining processes and increasing liquidity, RWA tokenization is expected to drive innovation in financial markets, making Hong Kong a more attractive digital finance hub and setting a new standard for asset management. What is The Ensemble Project Launched…
Solana expanded its influence as a fee-generating chain, surpassing Bitcoin on a monthly basis. The chain still lags behind Ethereum, but shows the marked effect of meme token launches and trading. Solana was among the most actively growing networks, taking up a bigger share of generated fees. In October, Solana’s share of fee-generating networks increased to a record, while other networks slowed down. Solana marked a shift in October, as the market’s attention turned to meme tokens and cheap on-chain DeFi. Raydium, Jupiter DEX, and Pump.fun remained Solana’s top three apps, making up the bulk of the chain’s traffic. Solana…
Certain members of the crypto community would love to wave goodbye to US Federal Reserve Chairman Jerome Powell when Donald Trump becomes president. The two men have sparred for years, and crypto promoters want to see Trump surrounded with loyalists who keep markets sailing smoothly. Already assuming that Trump will find some way to oust Powell, potential candidates for his replacement are already circulating. Current top guesses include Scott Bessent, Kevin Warsh, Kevin Hassett, David Malpass, and Judy Shelton. Powell and Trump famously clashed over interest rate policies in 2018 when Powell declared he was prepared to defend the Fed’s…
Google Cloud will support the BNB Chain ecosystem by investing in the blockchain network’s accelerator program. BNB Chain announced Nov. 12 that Google Cloud’s web3 Startups Program will inject $10 million into BNB Chain’s Most Valuable Builder (MVB) program, a four-week accelerator for developers, founders, and builders, now in its eighth season. According to the BNB Chain announcement, MVB aims to accelerate the growth of decentralized applications on the BNB Chain. The program is run alongside Binance’s venture capital and incubator arm, Binance Labs, and CoinMarketCap’s accelerator, CMC Labs. You might also like: Animoca Brands secures additional $10m for web3…
Today, Bitcoin reached a fresh record, successfully recapturing the much-anticipated $70,000 level—a threshold it had struggled to regain over the last four months. Bitcoin has not only re-entered the $70,000 range but is also progressing swiftly toward its all-time high. Specifically, it has hit an intraday high of $71,475 and continues to maintain its gains. Now, Bitcoin is just 3.5% shy of its peak of $73,750. Bitcoin’s rally has been felt throughout the crypto market. The global market experienced a 4.56% increase over the past day, bringing it to $2.4 trillion. This reflects a fresh influx of approximately $112.08 billion…
Two of the most well-known brands in the cryptocurrency space, Ethereum and XRP, have had different market experiences and have each shown distinctive performance patterns since their launch. When examining historical context and price performance of Ethereum since 2021, the second-larget asset on the market has not outperformed XRP – despite its recent significant growth and outperformance in many areas. Ethereum was much less expensive when it first launched than it is now. ETH is currently trading at about $3,200 after a notable recent surge. Conversely, XRP, which has previously experienced market stagnation and regulatory obstacles, is currently trading at…
Crypto equities in the U.S. are up more than 10% across the board as bitcoin climbs above $82,000 to a new record. Semler Scientific is leading the pack, with a 25% gain in pre-market trading. MicroStrategy shares climbed above $300. Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR), Riot Platforms (RIOT), Semler Scientific (SMLR) and Marathon Digital Holdings (MARA). Bitcoin (BTC), the leading token by market capitalization, surpassed $82,000 for the first time in its history over the weekend, spurring price gains in U.S. crypto equities before the official start of trading. MicroStrategy, the publicly traded…
Nash, a non-custodial blockchain services provider, has integrated Neo X into its product suite, allowing users to manage Neo X assets within the Nash wallet. Through this integration, Nash users can also connect to Neo X dApps and approve transactions via WalletConnect. Asset management and security on Nash Nash’s platform, which was founded in the Neo ecosystem, is built with a focus on user autonomy and security. As a non-custodial provider, Nash ensures users retain full control over their assets by maintaining private keys to their wallets, thereby avoiding the need for third-party custody. Additionally, Nash employs Secure Multi-Party Computation…