Author: NBTC

As Bitcoin continues to break new all-time highs (ATHs), Ethereum is quietly gaining momentum, solidifying its position as one of the most sought-after networks in the cryptocurrency space. While Bitcoin’s surge has captured headlines, Ethereum’s growth indicators paint a promising picture for its future. As per Telo News data, besides Bitcoin’s record-breaking price Ethereum is poised for its next phase of expansion, driven by key developments such as ETF approval, its impressive Total Value Locked (TVL), and its role in the memecoin craze. Ethereum’s Growth Drivers Several crucial factors are fueling Ethereum’s growth. One of the most significant is its…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Something very interesting showed up in the FOMC November meeting minutes this week that had nothing to do with rate cut expectations. Hidden deep in the minutes was the following excerpt: Essentially, the Fed is considering lowering the award rate on Reverse Repo Facility assets by 5-basis points, which would lower the bottom of the target range of the federal funds rate band. Here is what that complex looks like visually: One can only speculate as to why the FOMC wants to lower this rate, but…

Floki Inu dips 6.87%, trading at $0.00013147 amid high activity with 310.76B volume. FLOKI’s key resistance at $0.00034900 remains unbreached, marking a potential trend reversal point. Support at $0.00002655 could dictate FLOKI’s next moves as current prices flirt with bearish signals. Floki Inu (FLOKI) token has been quite volatile in trading sessions, with the latest data showing a 6.87% decline from its previous value of $0.00013147. This fluctuation comes amidst a larger context of volatility within the meme coin sector. The 24-hour trading volume stands at an impressive 310.76 billion FLOKI, with the corresponding USDT volume being 41.24 million, indicating…

SingularityNET, a decentralized AI platform, has joined forces with the Mina Foundation, the nonprofit behind the privacy-focused Mina protocol, to advance decentralized AI using zero-knowledge (ZK) proofs. The key focus areas of the partnership include research into AI-powered decision agents and advancing the Internet of Knowledge initiative, a decentralized ecosystem for secure, collaborative AI knowledge sharing. The collaboration addresses critical barriers in AI and blockchain by driving advanced innovation in scalable solutions while continuing to protect user privacy. The partnership focuses on combining SingularityNET’s AI infrastructure with Mina Protocol’s zk-SNARK technology, a robust cryptographic proof system. ZK proofs allow information…

Bitcoin 2024 in Nashville will focus on adoption strategies and regulatory challenges. Devcon 7 will explore interoperability between Bitcoin and other blockchain networks. The Australian Crypto Convention will examine regional regulatory frameworks affecting Bitcoin growth. The cryptocurrency market is still changing and developing, and Bitcoin is still at the top of the contemporary financial field. While interest in the application of blockchain technology increases several major events are planned for 2024. Such gatherings are intended to enable key stakeholders in the Bitcoin space, including inventors, developers, and enthusiasts, to envision the future of Blockchain. Nashville Takes Center Stage: Bitcoin 2024…

Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.” According to data from CoinGlass, there are now $23 billion worth of ETH futures open interest, suggesting a growing amount of positions are being created on the cryptocurrency as fresh capital flows into the market. The influx of capital may lead to growing volatility in the near future by amplifying potential price movements, hence its…

Indonesia, one of the most adaptive countries for crypto in the world, has reached a new milestone with transactions of over 475 trillion Indonesian rupiah, or $30 billion. The country’s crypto regulator, Commodity Futures Trading Supervisory Agency (Bappebti), cryptocurrency market in Indonesia has grown significantly, with transactions of up to $30 billion until October 2024. In comparison, the transactions in the same period last year were only $6.5 billion, or an increase of 352%. According to a report by local media report Investor ID on Nov. 28, this amount of transactions exceeds the last two years in 2022 and 2023,…

Japan’s banks are preparing to adopt XRP for seamless transactions. Ripple plans significant upgrades to attract more institutional investors. The launch of MoneyTap signals a strong move toward blockchain technology in banking. XRP is gaining importance in Japan’s financial system. A top bank’s CEO, Yoshitaka Kitao of SBI, recently claimed that every bank may use XRP by 2025. This statement shows growing acceptance of XRP as a potential mainstream currency. Ripple’s Strategic Enhancements Ripple aims to improve the XRP Ledger. These upgrades will help increase liquidity and attract institutional investors. Such changes could bring substantial funds into the XRP network,…

MetaHub Global is proud to announce its strategic partnership with OpenGate Lab. This collaboration marks a significant step forward in their shared mission to propel Web3 innovation. MetaHub is a Web3 ecosystem empowering digital identity solutions. The other ally, OpenGate Hub is a renowned real-world asset (RWA) incubator and decentralized identity innovator. Bit FinTech aim to revolutionize digital identity solutions and enhance opportunities within the MetaHub ecosystem. 🚀 PARTNERSHIP ANNOUNCEMENT 🚀 MetaHub x OpenGate Lab 🤝 We are thrilled to announce our latest collaboration with @OpenGateLab🎉 🌐 OpenGateLab is the #RWA Project incubation platform + Initiator of #Filecoin domains project…

Michael Van de Poppe, a prominent cryptocurrency analyst has reaffirmed their bullish outlook on Bitcoin (BTC), stating that the leading digital currency is poised for a slight correction before rallying towards a new all-time high. This forecast comes amid volatile market conditions and ongoing liquidity movements observed in the crypto space. In a recent tweet, the analyst shared their view on Bitcoin’s price action, maintaining that the cryptocurrency will experience one final dip before the next upward momentum. To me, #Bitcoin still remains to have the same theory.I think we’ll correct slightly, the final correction, and then, from next week…