Author: NBTC
Former BitMEX CEO Arthur Hayes has made a bold prediction for Bitcoin’s future, predicting that the BTC price could rise to $250,000 by the end of 2025. Hayes’ prediction is based on a shift toward aggressive monetary policies and a broader wave of global money printing under the expected presidency of Donald Trump. Speaking as chief investment officer of the Maelstrom Fund, Hayes outlined a scenario in which nationalist economic policies lead governments around the world to prioritize the economic stability of their citizens. “Every country will put its citizens first and print money to smooth out the volatility,” Hayes…
Charles Hoskinson has sent praise to the XRP community for all they have been through with the long-standing SEC lawsuit and all the delistings from top exchanges. Hoskinson also mentioned his public meetings with the Ripple’s David Schwartz, speaking positively of the Ripple CTO. XRP community “resilient as ever”, Ripple CTO is “super smart”: Hoskinson In a recent podcast, Hoskinson spoke about being strong enough to be able to stand up after getting hit hard. The Cardano founder referred to the XRP community as a great example of such an attitude to facing hardships. “Every single time you get hit…
Uquid, a prominent Web3 shopping platform, reportedly advances the crypto community’s services by maximizing digital wallet’s capabilities. Instead of idly storing crypto in wallets, Uquid leverages its innovative platform to provide users opportunities to shop a huge range of products with their crypto assets seamlessly. Users can also play thrilling games along with topping up their mobile phones just by using their crypto. This revolutionary step aims to set the stage for a decentralized economy to create a link between digital currencies and daily transactions. Tired of your crypto just sitting in your wallet? Uquid unlocks the true potential of…
Heritage Distilling, a Nasdaq-listed craft distillery, has announced that its board of directors has made a decision to start holding Bitcoin as a strategic asset. The Washington-based distillery will also start accepting Bitcoin payments in order to potentially attract a new set of buyers. The company has noted that a new accounting rule will allow it to report Bitcoin holdings at market value. This will make it easier for the distillery to hold the cryptocurrency when it comes to accounting. The company’s shares are down 4.61% following the Friday announcement. Heritage Distilling is known for such brands as Elk Rider…
ARC token price increased by around 10% following relentless whale accumulation. ARC token is currently trading at around $0.03, with a $27 million market cap. Arc Intelligence crypto project operates at the intersection of Web3 and AI. It offers tools for developers and users to build dApps, and manage portfolios, with the help of its advanced AI agents technology. The ARC community has been super active on social platforms with new developments and announcements from the project. Meanwhile, whales are purchasing ARC in large volumes in an anticipation of further price surge. The increasing hype around AI agents’ narrative combined…
In a significant development within the cryptocurrency sector, Binance Pay has announced its partnership with xMoney, a prominent Web3 payment provider based in Europe. This collaboration aims to broaden the range of cryptocurrency payment options available to users, enabling direct transactions at over 20,000 businesses across various industries, including luxury goods, travel, gaming, and e-commerce. How Will This Partnership Impact Users?What Sectors Will Benefit from This Collaboration? How Will This Partnership Impact Users? The partnership is poised to enhance the integration of cryptocurrency into everyday transactions. Users can expect an expanded ability to purchase products and services using Binance Pay,…
Four U.S. spot Bitcoin exchange-traded funds are now ranked among the top 20 best ETF launches in history, as the crypto industry marks one year since the U.S. Securities and Exchange Commission approved the first spot Bitcoin ETFs. The SEC’s approval on Jan. 10, 2024, paved the way for 11 spot Bitcoin (BTC) ETFs to go live on U.S. exchanges. The launch coincided with Bitcoin’s rally to a new all-time high in March 2024, crossing the $100,000 mark before undergoing a correction. While the market has seen tremendous growth since these ETFs began trading, it’s the records they have broken…
The Enterprise Ethereum Alliance (EEA) is the oldest nonprofit organization that advocates for a neutral voice for the Ethereum ecosystem. Its mission is to bring together the community, developers, and businesses in order to create a decentralized future. We are thrilled to announce that COTI has joined the EEA. The Ethereum Foundation, Microsoft, EY, JPMorgan Chase, Accenture, Razorfish, Santander, ConsenSys, Chainlink, Hacken, and Circle are just some of the companies that are members of the Enterprise Ethereum Alliance (EEA), along with a large number of additional companies. By demonstrating its experience in Web3 privacy, COTI has shown its dedication to…
He Yi, the co-founder of Binance, in a recent podcast held by Binance Space disclosed that the cryptocurrency exchange with their internal audit team conducted more than 120 investigations in the last two years, which resulted in firing of over 60 employees for non-compliance and recovered $30 million in illicit gains. Wu Blockchain reports Binance conducting internal audits Strengthening Internal Controls The exchange has also hired two U.S. law enforcement coordinators that ensure that Binance is in compliance with law and regulations, such as the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. After $30 million were recovered by…
One year ago today, Gary Gensler and the Securities and Exchange Commission (SEC) finally capitulated and approved the trading of spot bitcoin exchange traded funds (ETF) to go live the next day. These ETFs would go on to be the best performing ETFs in history, with BlackRock’s ETF $IBIT leading the charge, taking in over $52 billion inflows alone. I feel like a lot of people are afraid to admit this, or just don’t want to, but the ETFs were the most significant moment in Bitcoin over the course of 2024. Looking back on the year, it feels like everything…