Author: NBTC
In an open letter to the CEO of SBI Holdings, GAM Investments has called on the Japanese financial giant to adopt an ambitious XRP-focused strategy. The Swiss investment manager has called on SBI to implement an XRP buyback program using a strategy similar to MicroStrategy’s approach to accumulating Bitcoin. In the letter, GAM claims that SBI Holdings, which holds a significant stake in Ripple Labs and its XRP holdings, is trading at a significant discount to its true net asset value (NAV). According to GAM, SBI’s indirect holdings in Ripple, valued at more than 1.6 trillion JPY, exceed the company’s…
Rabbit, a popular Web3 platform, has officially announced a strategic collaboration with an AI-driven GameFi and crypto project BEBE. The partnership targets to leverage Rabbit’s expertise and advanced solutions of BEBE at the intersection of AI, Web3, cloud computing, and gaming. The platform took to social media to disclose this development. 🚀 Rabbit X BEBE Partnership 🌌We’re excited to announce our partnership with BEBE @BEBE_BE1BE , an AI-driven Crypto & GameFi project at the cutting edge of Web3, gaming, and cloud computing! 🎮💡Check out @bebe_be1be Official Site:https://t.co/JTOD0JRuce pic.twitter.com/sFUSc3DeI4 — Rabbit (@therabbit_io) December 15, 2024 Rabbit and BEBE Collaborate, Innovating AI,…
The token unlocks set to hit the cryptocurrency market between December 16 and December 23 are valued at approximately $843 million. The releases are divided into two different categories: cliff unlocks, led by Arbitrum’s ARB token release, and linear unlocks, headlined by Worldcoin’s WLD token. The unlock schedule involves both major layer-1 blockchain tokens and new protocol tokens, with varying impacts on their respective circulating supplies. Arbitrum leads large cliff token unlocks ARB leads the upcoming cliff token unlocks, with 92.65 million tokens valued at approximately $96.81 million set for release. According to Tokenomist, this unlock represents 2.26% of ARB’s…
The team behind popular Ethereum farming game Pixels announced Monday that it will publish a new spinoff game called Pixel Dungeons, which serves up dungeon-based combat and lets players earn the same familiar PIXEL token. The new game, developed in partnership with Crack and Stack, introduces a fast-paced competitive setting where players navigate dangerous dungeons, collect crypto rewards, and battle opponents. Players have two minutes to mine PIXEL tokens, use TNT to defeat goblins, and avoid lava while potentially sabotaging other players to claim their treasures. Pixel Dungeons represents a new phase for the Pixels team, with its first publishing…
The NEAR Protocol has unveiled NEAR Intents, a cutting-edge project for cross-chain transactions. The launch of NEAR Intents aims to reshape how consumers interact across diverse blockchains with the provision of secure and seamless cross-chain transfers. The platform disclosed this groundbreaking development on social media, X. 🔥🔥🔥 NEAR Intents, introduced by @NEARProtocol last month, revolutionize blockchain transactions by enabling seamless, secure cross-chain interactions. It emphasizes speed and decentralization, supporting over 30 tokens across 8 blockchains.Recent data reveals cumulative… pic.twitter.com/XSUAGX57XS — Near Insider (@near_insider) December 15, 2024 NEAR Intents Targets to Enhance Cross-Chain Transfers The NEAR Protocol mentioned that NEAR Intents…
Samson Mow, prominent Bitcoin advocate and CEO at the BTC-focused firm JAN3, has addressed the cryptocurrency community with a Bitcoin price forecast that may change everything quite soon. This bullish warning came as the world’s leading cryptocurrency has declined by 3.09% today, dropping from above the $100,000 level. At the time of this writing, the pioneer cryptocurrency is trading at $98,670. In his traditional Bitcoin maxi and bullish manner, Mow tweeted that he expects Bitcoin to trade below $100,000 for a very short time. Therefore, he said, there is still a chance to buy BTC “for less than $0.1 million.”…
Bitcoin (BTC) started the new week strongly, reaching a new ATH by surpassing $106,000. While there was a subsequent pullback in the BTC price, whales continue to buy altcoins. According to Lookonchain’s post, a giant whale purchased Chainlink (LINK) and Ethereum (ETH). Accordingly, a whale with $134 million worth of altcoins purchased 429,999 LINK worth $12.55 million and 1,600 ETH worth $6.3 million from exchanges in the last 48 hours. Apart from this whale, another whale also withdrew 4.58M ACT worth $2.46 million and 753,472 WIF worth $2.17 million from Binance. This whale also purchased other altcoins. Accordingly, the whale…
Bitcoin’s rise to over $100,000 has captivated investors worldwide and turned attention to crypto once again. But what if you could profit when the market takes a nosedive? Welcome to the world of shorting Bitcoin ETFs, a strategy for those looking to turn price declines into opportunities. With tools like the ProShares Short Bitcoin Strategy ETF (BITI), you don’t need to manage complex futures contracts or deal directly with volatile cryptocurrency exchanges. You can just use the simplicity of ETFs to bet against Bitcoin’s price. Ready to learn how to profit from Bitcoin’s downturns? Let’s get started. Key highlights: Use…
Hedera has announced an integration with Chainlink’s decentralized data infrastructure, bringing advanced capabilities to its network. This collaboration aims to enhance decentralized finance (DeFi) applications and the adoption of tokenized real-world assets (RWAs). Developers on Hedera now have seamless access to on-chain data essential for building secure and scalable applications. Hedera Leverages Chainlink Data Feeds Hedera’s integration of Chainlink data feeds equips its developers with reliable, tamper-proof market data. Chainlink’s decentralized oracle network (DON) aggregates and verifies data from multiple high-quality sources, ensuring accurate and manipulation-resistant pricing for digital assets. This functionality is critical for DeFi protocols, which require real-time…
Amid the mainstream adoption of Bitcoin (BTC) by nation-states as a form of hedge factor against fiat currency devaluations, the Royal Government of Bhutan has been a major supporter. According to on-chain data analysis provided by Arkham Intelligence, the Royal Government of Bhutan has purchased nearly 14k Bitcoins since early 2021. However, the Royal Government of Bhutan has significantly slowed down the Bitcoin adoption rate. In the past two months, the Bitcoin addresses associated with the Royal Government of Bhutan have offloaded more than 1k Bitcoins. Earlier today, the Royal Government of Bhutan transferred 406 Bitcoins to QCP Capital, worth…