Author: NBTC
Hedge fund titan Cliff Asness, founder of AQR Capital Management, reflects on the “costly mistakes” of investing in U.S. equities, private equity, and Bitcoin over the next decade. Asness presents his warning from a future perspective. He foresees the downfall of Bitcoin and paints a picture of institutional investors’ reckless plunge into the crypto market. Specifically, he offers a humorous yet sobering glimpse into the consequences of speculative bubbles. Critics View Bitcoin from a 2035 Perspective In the lengthy article, Asness paints the case of a firm’s hesitant dive into cryptocurrency. Initially dismissive of Bitcoin’s value and viewing it as…
Rowen Exchange proposes using XRP to repay the $38T U.S. debt by leveraging its value appreciation and strategic adoption. If enacted, the plan could transform XRP into a key national asset, driving global adoption and market legitimacy. In a confident move, Rowen Exchange stated that the United States could pay off its $38 trillion national debt within four years if it implements the framework outlined in its proposal. As discussed in a recent CNF update, key stakeholders, including tech leaders like Elon Musk and Peter Thiel, could influence XRP’s integration into mainstream financial systems, highlighting its transformative potential. The proposal…
Bitcoin advocate Joe Consorti has predicted a potential BTC value drop due to the US Dollar’s rising strength. In a post on X, Consorti explained that USD is at its strongest level in twenty-six months, which has historically been challenging for BTC. He said: “Incidentally, the last time USD had strengthened from this level on its way to the top, $BTC dropped 25% — $BTC has corrected 15% so far. Dollar strength may spill more $BTC blood before it gets better.” His view is not surprising, given that many in the crypto community have also noted the rising strength of…
Bitcoin bulls are reviving. The king of cryptos just reclaimed $98,000 for the first time in weeks after a weak year-end performance, with intraday prices ranging from a low of $96,016.63 to a high of $98,539.00. The correction was triggered by a hawkish interest rate cut from the Federal Reserve, along with a diss against Bitcoin itself. Fed chair Jerome Powell said he wanted nothing to do with crypto, and Bitcoin took that quite personally. Still, last year was one for the history books. Bitcoin came out as the best investment asset by far, outperforming quite literally everything else after…
In recent developments, Stellar (XLM) has surpassed Shiba Inu (SHIB) in the cryptocurrency market rankings. Stellar is ranked 15th among the top cryptocurrencies by market capitalization, with a market value of $13.15 billion, while Shiba Inu has dropped to 16th, with a current market valuation of $12.69 billion. Shiba Inu’s drop to 16th place comes amid an ongoing market sell-off that has sent SHIB prices down by up to 11%. Meme coins have been struck the hardest during the sell-off, which has resulted in the liquidation of $711 million in cryptocurrency assets. The meme coin market capitalization has dropped by…
Today marks the 16th anniversary of Bitcoin’s Genesis Block, mined by the mysterious Satoshi Nakamoto on January 3, 2009. This historic event laid the foundation for blockchain technology and decentralized finance (DeFi). Here’s some key contributors and milestones that have shaped Bitcoin’s journey over the years. Satoshi Nakamoto The identity of Bitcoin’s creator remains one of the greatest mysteries in modern technology. Satoshi Nakamoto first emerged with the publication of the Bitcoin white paper in 2008 and then disappeared in 2010. Speculation about Nakamoto’s identity has ranged from individual to collective efforts. Some of the most discussed theories include: Nick…
Aptos, one of the most popular L1 blockchains outside the Ethereum Virtual Machine ecosystem, hit two adoption milestones in the first week of 2025. It celebrates the arrival of veteran DeFi Aave v3 on its testnet, while its largest IDO platform now supports native USDT. Aave lands on Aptos’ testnet, its first non-EVM blockchain Aave V3, a blue-chip DeFi protocol, expands to Aptos as its first blockchain outside the EVM ecosystem. The protocol arrives at Aptos testnet with the potential release on mainnet, the team’s statement says. Aave V3 has been deployed on @Aptos testnet, the first non-EVM deployment of…
Bitcoin, you are 16 years old now, well into your teenage years. These are usually the years during which, for many people without even being aware of it consciously, one usually makes the decisions that shape the course of the rest of their life. It’s incredibly rare that someone gets a “redo” to wind back choices that lock them into a certain path in life. I fear you, or rather Bitcoiners, are in the process of making one of those monumental mistakes that will have severe consequences for the rest of its existence. We are seeing unprecedented growth at this…
VeChain’s Sunny Lu is advocating for blockchain as a way for corporations to drive their sustainability agenda. Blockchain technology offers a unique data transmission framework at a low cost and a viable reward scheme. VeChain’s CEO and co-founder, Sunny Lu, recently outlined a path for businesses to achieve transparent sustainability. The VeChain CEO claims 2025 will redefine how the world perceives and attains true sustainability. Growing Sustainability Acceptance and Challenges Sunny Lu noted in a recent newsletter that global consumers increasingly prioritize sustainability in their consumption practices. PwC’s 2024 Voice of the Consumer Survey revealed that consumers prioritize sustainability, like…
The Bitcoin price is inching closer to the much-coveted $100,000 mark, recently reaching an intraday high of $98,471. Yet, despite this bullish price action, there are some worrying signs for the bulls. According to Glassnode co-founders Jan Happel and Yann Alleman, the cryptocurrency’s momentum is weakening due to underwhelming trading volume. “Even with Bitcoin breaking $97K, volume remains low—critical for short-term bullish continuation,” the analysts noted. Higher volume would be an absolute must for sustaining strong upward momentum. Recently, 10x Research opined that Bitcoin’s uptrend could be nearing its peak after the flagship cryptocurrency formed the “shooting star” candlestick on…