Author: NBTC
Crypto venture capital funding is projected to reach approximately $18 billion in 2025, according to a PitchBook analyst. This is because, following Donald Trump’s victory, venture capitalists are anticipating a favorable regulatory environment. 2025 Crypto Investments Set to Soar In an interview with CNBC, analyst Robert Le predicted $18 billion in crypto investments in the new year, citing the return of ‘generalist’ investors following Bitcoin’s post-election rally. This represents a 50% jump from 2024 levels. “Our prediction is we’re going to see $18 billion or more in venture capital dollar in 2025,” said Robert Le of PitchBook. Talking about funding…
Some tiers of Dogecoin (DOGE) holders could find themselves joining the millionaire’s club if DOGE reaches ambitious targets like $10. In this ongoing bull run, Dogecoin stands as one of the crypto assets with the most promising prospects, given its meme-inspired nature and strong backing from billionaire Elon Musk. Since the beginning of this year, the price of Dogecoin has grown by 375%, as it currently trades at $0.4250. Given its already impressive performance, market participants are expecting even more from the meme coin. Accordingly, The CryptoBasic analyzes the potential portfolio worth for investors holding 10K, 50K, and 100K units…
Gary Gensler, the current SEC chairman and former Goldman Sachs exec, is stepping down, and Paul Atkins, chosen by President Trump, is taking over. Gensler has been tough on crypto, and Atkins, on the other hand, believes in letting the free market thrive and views crypto as revolutionary technology. Pro-XRP lawyer John Deaton reacted sarcastically to the news of Gensler stepping down from the SEC, saying “too long.” Deaton has been a vocal critic of Gensler’s approach to crypto, particularly in regard to XRP. His comment reflects the frustration many in the crypto community have felt under Gensler’s leadership, especially…
Marathon Digital Holdings (NASDAQ: MARA), a leading Bitcoin (BTC) mining firm, announced a significant expansion of its BTC holdings on X. It has acquired BTC worth over $67 million recently as it continues aggressive buying following MicroStrategy’s lead. MARA’s Bitcoin Buying Spree Today, the company revealed the acquisition of an additional 703 BTC. This brings the company’s total holdings to approximately 34,794 BTC, currently valued at $3.3 billion, based on a spot Bitcoin price of $95,000. The acquisition was funded through Marathon’s $1 billion 0% convertible notes offering. The firm stated that its average purchase price for the 703 BTC…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. One word might be enough to sum up crypto investing in 2025, according to Franklin Templeton’s Roger Bayston. Diversification. The asset management titan, alongside competitors, launched bitcoin and ether ETFs last January and July, respectively. The SEC earlier this month approved 19b-4s for crypto index funds (from Franklin and Hashdex) that would hold both assets — and potentially other coins in the future. “It feels like ETF legal staffs will be busy in the first part of the year,” Bayston, the firm’s digital assets lead, told…
In a significant move to support decentralized AI innovation, Matchain, a blockchain designed for AI identification, has partnered with io.net, the leading decentralized compute network. This collaboration marks a milestone for the blockchain industry, as io.net will provide GPU infrastructure to power applications across Matchain’s ecosystem.—As Matchain’s official compute partner, io.net will simplify the complexity of infrastructure management for developers by offering decentralized GPU resources. This aligns with io.net’s mission to make high-performance decentralized computing more accessible, helping developers meet the growing demand for computing power.Building Scalable, Affordable GPU InfrastructureBy tapping into io.net’s decentralized GPU clusters, Matchain projects will gain…
Robinhood plans to distribute crypto rewards to eligible users who access the platform’s countdown screen at 8:30 PM Eastern Time, according to social media reports. Have you seen the new countdown in your Robinhood app? 👀 We have a surprise coming. Update your app and make sure to be on the countdown screen at 8:30 PM ET on 12-31. Terms apply. https://t.co/7b6r5nieTS pic.twitter.com/EmasInaBKK — Robinhood (@RobinhoodApp) December 31, 2024 Users must have an active Robinhood Crypto account to claim the reward, which will be available through notifications within one week after the countdown ends. Unclaimed rewards will expire after 30…
In 2017, Brendan Greene, or “PlayerUnknown,” kickstarted the battle royale craze with PlayerUnknown’s Battlegrounds. Now, Greene has an even bigger goal, a metaverse, but not in the usual way. In an interview with IGN, Greene said he wants to create a “3D internet.” However, unlike current metaverse efforts, which Greene dismisses as “IP bubbles,” his vision is of interconnected worlds that work on shared protocols like webpages do with the Internet. “See, the Metaverse is a 3D internet. You should be able to create your own worlds and just have them all operating on the same protocol, like HTTP. So…
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”…