Author: NBTC

In a recent interview, Federal Reserve Chair Jerome Powell described Bitcoin as a speculative asset similar to gold. He acknowledged BTC’s role as “digital gold.” However, Powell emphasized significant drawbacks, dismissing its viability as a payment method, a store of value, or a competitor to the U.S. dollar. Fed Chair’s Take on Bitcoin “People use Bitcoin as a speculative asset,” Powell remarked, likening it to gold but noting its virtual, digital nature. Despite acknowledging BTC as “digital gold,” he downplayed its broader utility. “People are not using it as a form of payment or as a store of value. It’s…

As a testament to the development of the GameFi ecosystem, Pioneer | Ultimate Playability Test Live is thrilled to form a strategic partnership with Don’t FOMO, a revolutionary DeFi game on Matchain. The news was revealed on Pioneer’s official social media pages on December 24, 2024, a breakthrough in the development of blockchain games. 🎉 We are pleased to announce a partnership with @TheRealDontFOMO ! #Don’t FOMO is a revolutionary decentralised game on Matchain that combines strategy, excitement, and rewarding gameplay. Built on blockchain technology, it offers transparent and fair opportunities for all… pic.twitter.com/svh1UlcVSY — Pioneer｜Ultimate Playability Test Live (@0xpioneer)…

After the election, as everyone except for muggles know, the price of BTC rallied to all time highs (ATH) just short of $100,000. At the time of this writing, it’s hovering around $98,000. An interesting question then is: what happened to Michael Saylor’s MicroStrategy (MSTR) during this period? The publicly traded stock, synonymous with its unconventional and risk-on co-founder as well as the price of BTC, also rallied to post-election ATH — as one might expect — exceeding $500. Then last week, it took a precipitous ~22% short selling-inspired hit based off of a report expressing concerns about the company’s…

Koma Inu, a meme coin based on BNB Chain saw its price skyrocket after securing backing from DWF Labs’ Meme Fund. Koma Inu (KOMA) is up 200% in the past 24 hours and is trading at $0.171 at the time of writing. The meme coin reached an all-time high of $0.192 with a $192.2 billion market cap earlier today. KOMA’s daily trading volume has surged by 2,400% over the past day, reaching over $154 million, signaling massive demand from investors. The recent rally has extended the altcoin’s fortnight gains to over 220% and its monthly gains to nearly 2,600%, setting…

Bitcoin (BTC), the largest cryptocurrency, has an unpredictable tech and economic trajectory. Even if the 21,000,000 BTC supply limit remains intact, we know nothing about the ecosystem of the largest crypto in 20 years, Jameson Lopp admits. Nobody knows what BTC will look like in 2024, Jameson Lopp says Legendary cypherpunk, CSO and cofounder of Casa platform Jameson Lopp shares his agnostic views on the future of the Bitcoin (BTC) ecosystem. A prominent Bitcoiner himself, he claims that nobody understands Bitcoin and no one can be sure about what is next for the orange coin. Many Bitcoin (BTC) enthusiasts have…

Billy Markus, known on social media as Shibetoshi Nakamoto and a person who co-founded the iconic meme cryptocurrency Dogecoin eleven years ago, is well-known for his ironic statements or critiques towards crypto and the market that cryptocurrencies have formed since the inception of Bitcoin. Dogecoin creator bashes crypto market turbulence On December 10, Markus made such a statement, bashing crypto on his X page. In it, Billy Markus did not hold back in language when describing the crypto market’s volatility. can crypto stop being such a butthead — Shibetoshi Nakamoto (@BillyM2k) December 10, 2024 On Tuesday, Dogecoin plummeted by more…

KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset. KULR announces its Bitcoin Treasury Strategy, with plans to allocate up to 90% of surplus cash to $BTC.As global adoption of blockchain accelerates, $KULR positions itself for long-term growth.Read more: https://t.co/MBOic1nNIL#bitcoin #btc #KULR pic.twitter.com/fy4sHKPTIt — KULR Technology (@KULRTech) December 4, 2024 The company’s leadership explained that the move enhances financial resilience. KULR’s Bitcoin purchases will be influenced by market conditions and…

Ronin achieved a 93.43% rise in daily active addresses, moving up to the third most-used blockchain. November saw Ronin’s RON stakers grow to 484,540, with Total Value Locked increasing by 28.95% across its ecosystem. Looking back on November, Ronin Network reached a number of benchmarks that would help to solidify its place in the blockchain gaming sector into December. These important changes and indicators highlight Ronin’s industry leadership. Ronin debuted its data analytics capability on Dune so users could examine specific project data from its network. The network also received WalletConnect Gold Certification, honoring Ronin Wallet for its adherence to…

A small, but significant development in Bitcoin’s much-debated decentralized consensus process is taking place, with some developers moving to publicly gauge sentiment of warring soft fork proposals that would augment the software rule set. More specifically, the effort began today with the creation of a page on the Bitcoin Wiki website called “Covenants Support,” whereon the network’s pseudonymous developers are able to attest as to their interest in no less than nine proposals, with a six option rating system. The effort is not affiliated with Bitcoin Core, the network’s major software implementation. Yet, it’s notable, as the process has been…

Rootdata has released its latest ranking of the top 15 crypto AI projects by market cap, shedding light on a growing industry that bridges the gap between cryptocurrency and AI. Top 15 Crypto AI Projects Ranked by Market Cap, According to Rootdata Projects on the list include RENDER, FET, TAO, WLD, VIRTUAL, AIOZ, AI16Z, PRIME, ROSE, GRASS, GOAT, ARKM, ACT, IO, and ATH. Crypto + The Rise of AI The intersection of cryptocurrency and artificial intelligence has become a hot topic in recent months, sparking widespread debate and discussion. These projects aim to integrate blockchain technology with AI to advance…