Author: NBTC
Montreal, Canada – T-RIZE Group, a trailblazer in Real World Asset (RWA) tokenization, has secured a $300 million deal to tokenize Project Champfleury, a cutting-edge 960-unit residential development in Canada. This deal is a milestone for T-RIZE Group, further solidifying its leadership in blockchain-powered real estate investments.—Disrupting Traditional Real EstateT-RIZE Group is positioning itself at the forefront of the tokenization revolution, applying institutional-grade financial strategies to large-scale construction projects. Global financial giants like BlackRock and Franklin Templeton have already embraced asset tokenization, and T-RIZE is now bringing this innovation to real estate.Madani Boukalba, CEO of T-RIZE Group, said: “Project Champfleury…
An unusual method of farming Pudgy Penguin tokens (PENGU) shared online claims bulk-buying $20,000 of Pudgy merch could net a $50,000 profit for anybody willing to put in a bit of extra leg work. According to X user @Deroidz, if you redeemed the NFT of every Pudgy plushie or figurine bought, you could get $50 apiece from the upcoming Pengu token airdrop when it’s sent to NFT holders. This assumes holders will be receiving a generous $50 worth of PENGU. However, this figure is worth double the price of the toys and is unlikely to be distributed. Regardless, by following…
Coinbase delisted wBTC “due to the unacceptable risk” that the top bitcoin stand-in on Ethereum “would fall into the hands of Justin Sun,” the exchange said Tuesday in response to a lawsuit over its decision. Market observers had previously read between the lines of Coinbase’s November nixing of wBTC. At the time, the exchange cited its listing standards as the reason for the move without elaborating. Last week, wBTC’s issuer BiT Global filed a wide-ranging suit accusing Coinbase of improperly favoring its competing asset, cbBTC. But in a 25-page response, Coinbase said the decision had everything to do with Justin…
As the FED completes a year of historic monetary policy moves, discussions have already begun about what could happen in 2025. Speaking on CNBC’s The Exchange, Torsten Slok, partner and chief economist at Apollo Global Management, offered a contrarian view: The Fed may not only have to keep interest rates steady but also raise them again next year. Slok pointed to stronger-than-expected economic data as a key factor that could influence the Fed’s decisions. According to the Atlanta Fed, U.S. GDP grew 2.8% in the third quarter of 2024 and is projected to reach 3.3% in the fourth quarter. That…
Pudgy Penguins, the second-largest NFT collection by market cap, announced that they will launch their PENGU token tomorrow. Tomorrow. $PENGU. pic.twitter.com/80LHuf9vZj — Pudgy Penguins (@pudgypenguins) December 16, 2024 The official Pudgy Penguins X account posted a video showcasing a Pudgy Penguin holding a token engraved with a penguin symbol, representing the new PENGU token. Following this announcement, Binance shared its update on X, confirming that it will launch PENGU for spot trading with pairs including USD, BNB, FDUSD, and TRY. Additionally, Binance announced an airdrop for PENGU, which will be distributed to users participating in Binance’s HODLer Airdrops program. The…
The story of how Bitcoin (BTC) came to be is a topic of much debate in financial circles, but it should not be the main focus anymore, according to crypto expert Anthony Pompliano. While Bitcoin’s creation from “thin air” is often criticized, Pompliano has outlined that the real issue is the continuous creation of traditional currencies, not the initial conception of Bitcoin itself. In a recent online discussion with David Andolfato, Pompliano pointed out the key difference between the limited supply of Bitcoin and the seemingly unlimited issuance of fiat currencies. This difference is at the heart of the wider…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. 2025 is fast approaching and industry commentators are busy offering their two satoshis on what’s to come. With price predictions aplenty as bitcoin posts new all-time highs, we’ll stray away from those this time. One stock price expectation: Per Bitwise, Coinbase (~$324 Monday midday) will hit $700 as it surpasses Charles Schwab as “the most valuable brokerage in the world.” The investment firm correctly predicted MicroStrategy’s addition to the Nasdaq 100 index (announced Friday night) and believes COIN will join the S&P 500 next year. BLOK…
Linda Jones, a renowned financial expert and wealth mentor, has recently shared the significance of holding XRP, endorsing a popular video titled “Why Do I Hold XRP?” The video provides an in-depth look at Ripple’s role in the future of global digital payments and its strategic positioning within the financial ecosystem. It highlights Ripple’s partnerships with major financial institutions and its involvement in international organizations. Why Hold XRP? Founded in 2012, Ripple has gradually gained traction among global financial institutions. According to the analyst, Ripple’s strategic positioning, partnerships, and involvement in key financial initiatives suggest XRP’s integral role in the…
A prominent crypto analytics firm says one of the most important Bitcoin investor cohorts is unloading BTC at a rapid rate. Santiment says on the social media platform X that Bitcoin miners offloaded over $8.55 billion worth of BTC in just two days, representing the largest distribution of the last 10 months. While Bitcoin miners are heavily unloading their BTC stacks, Santiment notes that other deep-pocketed investors are picking up the slack. “Bitcoin’s collective mining balances have been dropping since April 2024. However, this latest drop of 85,503 BTC in just 48 hours is the most extreme we’ve seen since…
Grayscale announced that HZEN, its Horizen Trust, is now open to accredited investors. The firm has maintained this Trust for several years, but it has not been available OTC before now. Horizen recently underwent its final halving, and the general crypto bull market has given it a new bull rally. However, its token value is still a far cry from its 2021 peak, and a full recovery seems difficult. Grayscale Horizen Trust According to a recent blog post from Grayscale, HZEN is now available to accredited investors. This Trust product is based on Horizen (ZEN), a zero-knowledge cryptography network. Grayscale…