Author: NBTC
US President Donald Trump and his wife Melania Trump launched their own tokens. Trump and his wife, who chose Solana for the launch of these memecoins bearing their own names, moved the SOL price. SOL hit a new record high over the weekend, hitting the $300 mark. Recent developments on Solana have been positive, while block trades on Deribit are showing expectations for the SOL price to rise to $400. An over-the-counter (OTC) options block trade executed on crypto derivatives exchange Deribit on Jan. 20 shows that some investors expect the Solana price to reach $400 by the end of…
Robert Kiyosaki, renowned financial guru and Bitcoin supporter, widely known for authoring a classic book on finance management “Rich Dad Poor Dad”, has made yet another bullish Bitcoin price prediction. However, this time it is slightly lower than his earlier expectations about BTC for this year. I “predict $250,000 this year”: Kiyosaki Kiyosaki published his tweet earlier today as the world’s bellwether cryptocurrency surged to hit the $100,500 zone. Kiyosaki then tweeted: “Bitcoin over $100,000,” adding that he now predicts digital gold to hit $250,000 this year and that he is “buying more” of it. BITCOIN over $100kPredict $250 k…
Despite the Dencun update, designed to reduce transaction costs, Ethereum’s earnings from fees grew in 2024, confirming its position at the top among blockchains. According to the report by CoinGecko published on January 21, Ethereum recorded a 3% year-on-year increase, with total earnings reaching 2.48 billion dollars, consolidating its position as a leader. The Dencun Effect on Ethereum Fees Ethereum: leadership sotto pressione? The Dencun Effect on Ethereum Fees The Dencun update, implemented in March 2024, had as its primary objective the reduction of transaction fees, especially for Layer 2 (L2) networks, in an attempt to make Ethereum more scalable…
Today, President Trump informed a crowd at Davos that he would mandate the Federal Reserve to lower interest rates—a move that many in the media quickly framed as “setting up a clash with the Fed.” The narrative suggests that political interference in monetary policy threatens the Fed’s cherished independence and risks economic harm. But the notion of an independent Federal Reserve, free from political pressure and acting solely in the public’s best interest, is more myth than reality. The Fed’s historical record reveals a pattern of bending to political will, whether from the Treasury or the White House. Far from…
Crunch, a decentralized machine learning (ML) platform, has joined Cohort 2 of the Solana Incubator (SOL) program in New York, according to the reports shared with Finbold on January 22. As part of the program, Crunch will receive mentorship and resources from the Solana Labs team, helping it expand its decentralized prediction network. Accordingly, the program will help pave the way for real-world applications of machine learning in finance, healthcare, and other industries. Crunch’s machine-learning approach With a growing community already comprising 7,000 machine learning engineers, scientists, and researchers from all over the world, Crunch focuses on delivering advanced artificial…
It’s been a little over a year since BlackRock launched its iShares Bitcoin Trust ETF (IBIT), and the firm’s head of digital assets, Robert Mitchnick, describes the first year as “incredible.” However, he notes that Bitcoin adoption is still in its early stages, particularly among institutional and wealth advisory clients. The iShares Bitcoin Trust ETF saw record inflows and rapid asset accumulation in its inaugural year, driven largely by direct retail investor interest. The ETF also benefited from Bitcoin’s historic rally above $100,000 late last year, although enthusiasm may wane in the early months of 2025. Mitchnick acknowledged the recent…
As the price squeeze continues on the Ethereum market, ETH whales are heightening their sales. Data released by Onchain Lens shows investors are currently cautious as Ether struggles. These movements highlight the dynamic nature of cryptocurrency markets. While other tokens are experiencing downtrends, others are seeing green. Prominent assets like Bitcoin and Solana continue to show strength eyeing further price increases ahead. Whale dumps $12 million of ETH According to data presented by Onchain Lens today, a whale created a new wallet and used it to sell 1,521 Ether tokens for $4.95 million DAI in a single transaction. Based on…
Main Takeaways At this year’s World Economic Forum in Davos, Richard Teng, CEO of Binance, shared an eye-opening perspective on how cryptocurrency is reshaping global remittances. With Binance users saving a staggering $1.75 billion in fees since 2022, Teng’s talk shed light on the economic and social ripple effects of crypto adoption. Redefining Remittance Economics Global remittances, a vital source of income for countless families, are set to reach $913 billion in 2025. Yet, traditional remittance channels remain notoriously expensive, with fees climbing as high as 15-20%, according to the International Monetary Fund. Binance, through its fee-free and instant crypto…
Despite the large volume processed by the XRP Ledger (XRPL) in 2024, the Omni Network CTO believes a 1,000x spike could materialize with greater institutional adoption. Notably, the XRP Ledger has been a leader in institutional-grade blockchain solutions. Last year, the network’s native decentralized exchange (DEX) processed over $3 billion in trading volume. This signaled its growing significance in the crypto scene. Potential Institutional Adoption However, Tyler Tarsi, Co-founder and Chief Technology Officer at Omni Network, believes the XRPL has still not reached its full potential. According to him, the network could see a dramatic increase in adoption, particularly among…
Komainu secures $75M from Blockstream to fuel global expansion and Bitcoin custody innovations. Komainu establishes Bitcoin Treasury to manage Bitcoin received as part of funding. Blockstream CEO Adam Back joins Komainu’s board, marking milestone for institutional Bitcoin adoption. Komainu Holdings, a crypto custody company backed by Nomura Holdings, has raised $75 million from Blockstream Capital Partners to accelerate its global expansion and integrate cutting-edge technologies. This investment will help Komainu expand globally and enhance its digital asset services. Komainu Raises $75M In Funding In a recent tweet post, Komainu announces the completion of Series B fundraising with a $75 million…