Author: NBTC
Cardano founder Charles Hoskinson has made a bold prediction for the future of Bitcoin, predicting that the largest cryptocurrency could rise to a value between $250,000 and $500,000 in the next 12 to 24 months. In a recent statement, Hoskinson attributed his optimistic outlook to rising investment inflows and growing interest in Bitcoin, especially as it solidifies its role as a store of value in the digital economy. “Bitcoin is the store of value of the internet, and because it has a DeFi layer, it will remain in that role for the foreseeable future,” Hoskinson said, referring to the recent…
Billionaire Stanley Druckenmiller Dumps $2,500,000,000 Portfolio, Pours Millions Into New Asset: Report
Billionaire Stanley Druckenmiller is exploring new opportunities after dumping more than $2.5 billion in stocks. The famed investor and head of Duquesne Family Office sold all of the firm’s shares of Nvidia (NVDA) last year, along with nearly all of the firm’s stake in Palantir (PLTR). Now, Druckenmiller is beginning to pour some of the firm’s massive cash stockpile into Teva Pharmaceutical (TEVA), buying 1,427,950 shares worth about $30.3 million, reports the Motley Fool. The stock surged more than 100% in 2024, as the company settled opioid litigation and reported strong growth after centering its efforts on brand-name drugs. As…
Shiba Inu has partnered with Hailey Welch, popularly known as the “Hawk Tuah Girl,” to airdrop 20 million HAWK tokens to its community. This collaboration follows the launch of Welch’s HAWK token by DeLoreanLabs in partnership with overhere. Shiba Inu & Hawk Tuah Girl Announce Major Partnership Announcing the partnership on X, Welch posted, “Tuah the future! Ridin with my Shib in my DeLorean.” She asked the community to drop their Solana wallets for “free Hawk coins.” For further context, HAWK is a newly launched Solana memecoin, which has intrigued the entire meme crypto community. Moreover, the latest Shiba Inu…
There is high speculation that X Money could launch “at any second from now” after a leaked software code associated with the payment system. The leak suggests that the platform may launch in the United States despite not having approvals in some states. X filed for money transmitter licenses for X Payments LLC to operate across the United States and has secured licensing in 39 states so far. A suspected screenshot of the latest code reveals, “X Money is not available in your state.” This has led some observers and analysts, including Alex Finn, a famous American entrepreneur, to theorize…
LinqAI Has Teamed Up With MystikoNetwork To Redefine Web3 with Privacy, Scalability, and Interoperability
LinqAI, a provider of advanced AI technologies, and MystikoNetwork, a leading Web3 firm focused on scalability, privacy, and cross-ecosystem interoperability. This is a phenomenal new collaboration that has emerged in the sphere of innovative AI. Together, they want to realize the full potential of Web3 by bringing new tools and frameworks that open up possibilities for improved security, scalability, and discoverability of decentralized applications (Dapps). 🤝 Partnership Announcement: @MystikoNetwork x @linq_aiWe’re excited to join forces with Mystiko, a Web3 pioneer enabling scalability, interoperability, and privacy across blockchain ecosystems. Mystiko’s ZK SDK is transforming how developers build secure, cost-efficient,… pic.twitter.com/cLD58es45z —…
Analysts are warning of further declines for Bitcoin if support at $91,583 fails, with $85,610 emerging as the next key target. Bitcoin experienced a sharp downturn today, triggering a broader decline in the crypto market. The leading cryptocurrency has faced heightened selling pressure over the past few days, undermining its attempt to break the $100,000 barrier. Bitcoin Struggles to Hold Key Support Levels Over the weekend, Bitcoin showed signs of weakening as its price fell below $98,000 on Saturday and under $96,000 on Sunday. These losses set the stage for Monday’s critical moves. Despite beginning the day positively and reaching…
OKX Ventures has announced its strategic joining in the seed investment round for Haedal. This groundbreaking investment highlights the commitment of OKX Ventures to give strength to various DeFi-based projects. Haedal aims to transform Sui’s ecosystem, providing cutting-edge liquid staking infrastructure. This collaboration unveils innovative and unmatched possibilities for capital efficiency and yield generation. OKX Ventures, an innovative blockchain investment platform, has announced exciting investment news via its official X account. Haedal is Sui’s premier and native liquid staking protocol. 🌟 Big news! @OKX Ventures has joined the seed investment round for Haedal, Sui’s leading native liquid staking protocol! 🌐…
On Wednesday’s U.S. market session, the Polygon price recorded a 3.6% surge to currently trade at $0.726. Defying the Bitcoin price consolidation, the altcoin market witnessed a notable inflow as the second largest cryptocurrency, Ethereum, surged over 6%. However, the altcoin faces the risk of a $0.6 breakdown as a foundation wallet transfers Million in POL to the FalconX trading platform. According to Coingecko, the Polygon’s market cap stands at $6.06 Billion, while the 24-hour trading volume wavers at $880.7 Million. Millions of POL tokens moved to the FalconX trading platform could surge downward pressure on the asset. The polygon…
Pump.fun retained its trend of fee production, most of which goes toward the team’s treasury. The meme token platform surpassed Ethereum based on weekly fees. The Solana meme token boom continues, as Pump.fun achieved $28.56M in weekly fees. The platform mostly retains the earnings and liquidates them toward the team’s treasury. As of December 2, Ethereum weekly revenues reached $25.36M after a few slow days at the end of the year. Revenues for Ethereum and other protocols vary by day, and the usual balance points toward higher fees. However, Pump.fun lines up among major protocols for last month’s fees, which…
The blockchain and AI industries can rejoice because DeXe Protocol and UnicornVerse are collaborating to develop AI-driven Decentralized Autonomous Organizations (DAOs) on the BNB Chain and beyond. This cooperation is a significant positive development for both these entities as they leverage their strengths to drive the feasibility of decentralized solutions. 🚀 The future of AI-powered DAOs starts here! Excited to join forces with @unicornverse_io in driving DeXe Protocol forward 💎Together, we’re pushing the boundaries on @BNBCHAIN and more 🌐 https://t.co/Ao2RFo4TAy — DeXe Protocol (@DexeNetwork) January 2, 2025 A Strategic Investment for the Future The news was posted on Twitter, and…