Author: NBTC

Serial entrepreneur and author Robert Kiyosaki is back with his investment advice to investors without a Bitcoin. He suggested investing in Bitcoin (BTC) or historically bullish traditional assets like gold and silver is always possible. Robert Kiyosaki says to buy Bitcoin, gold and silver In an X post, the author of “Rich Dad Poor Dad” acknowledged the significant growth in the price of gold over the years. This is coupled with the asset’s all-time high (ATH) milestone. The price of gold has hit all time highs. Since 2000 the people who invested in gold have done very well. I am…

The U.S. employment picture rebounded in November after weak data in October that was probably affected by hurricanes in the southeast. Nonfarm payrolls rose by 227,000 last month, according to the Bureau of Labor Statistics. Economist forecasts had been for a gain of 200,000 jobs. October’s originally reported 12,000 job gain was revised higher to 36,000. November’s unemployment rate was 4.2% against estimates for 4.2% and October’s 4.1%. The price of bitcoin (BTC) rose to $98,445 in the minutes following the data. Friday morning’s jobs numbers are among the last pieces of key economic data the Federal Reserve will see…

Ellipsis offers efficient token swaps on the BNB chain, utilizing Curve Finance’s technology for secure and low-slippage transactions. Storj revolutionizes cloud storage by connecting users with available hard drive space, rewarding them with Storj tokens for their contributions. Chiliz empowers sports fans through governance, allowing them to influence decisions while participating in the booming digital token ecosystem. Innovative platforms are emerging to redefine industries, from finance to gaming and cloud storage. Projects like Ellipsis (EPX) are streamlining decentralized exchanges for seamless token swaps, while Storj is revolutionizing cloud storage with its decentralized network. Meanwhile, Chiliz (CHZ) empowers sports fans to…

David Schwartz, Chief Technology Officer (CTO) of Ripple Labs, has posed an interesting question to former SEC official John Reed Stark. The CTO’s inquiry focuses on the “securities” classification of some digital assets in blockchain. Ripple CTO argument Schwartz has questioned Stark as to why art from an emerging artist is not a security under the SEC’s interpretation of an “investment contract.” He pointed out a similarity between crypto investments and emerging artists. According to him, money is invested, and a reasonable buyer anticipates making money off the artist’s later works. He claims this situation creates a market and raises…

BIT Mining, a cryptocurrency mining firm listed on the New York Stock Exchange, has announced steps to expand its mining operations with new acquisitions in Ethiopia. The company revealed on Dec. 9 that it had completed the first phase of its plan to acquire data centers and Bitcoin (BTC) mining equipment in Ethiopia. In its initial announcement, BIT Mining said it planned to acquire up to $14.2 million worth of data centers and BTC mining machines. The deal will see the miner get an additional 51-megawatt in data centers as well as 17,869 Bitcoin mining machines. The first phase of…

In a noteworthy development, shares of business intelligence company MicroStrategy (MSTR) continue to rise in relation to the price of Bitcoin (BTC), bringing the premium to the value of its BTC holdings to its highest level in over three years. Notably, since the launch of Bitcoin ETFs in January, MicroStrategy stock has increased by more than 240%, setting a new record high Oct. 8. That’s around eight times higher than Bitcoin’s performance, which has fallen by 16% since setting its record high of nearly $74,000 in mid-March. This development, as Bitcoin lags behind MicroStrategy’s performance, has caught the attention of…

eToro, a trading platform for stocks and cryptocurrencies, is working with Goldman Sachs to plan an initial US public offering. The company could go public as early as the second quarter of 2025, but the timing may change, according to unnamed sources familiar with the matter, Bloomberg reports. eToro hopes to exceed the $3.5 billion valuation it achieved during a private funding round last year. Details about the IPO, including other banks that may be involved, remain under discussion. You might also like: US Bitcoin ETFs surpass Satoshi’s slumbering stack SEC vs. eToro The platform faced regulatory issues in the…

Famous American businessman and owner of microblogging platform X Elon Musk directly mentions XRP for the first time. Musk mentioned the seventh-biggest cryptocurrency by market cap in a viral video making rounds on Crypto Twitter. In the video, the owner of X was asked to comment on whether he thinks XRP could be integrated into the global financial system in the future, particularly in light of the SEC’s punitive nature toward cryptos. Elon Musk Talks About XRP.pic.twitter.com/FFhvsF6PP7 — TheCryptoBasic (@thecryptobasic) October 21, 2024 Responding, Musk expressed a general opinion about the role of cryptocurrencies, including XRP, emphasizing that they serve…

The price of Bitcoin (BTC) has held on to the psychological $60,000 mark despite the drop on October 10. Long-term forecast for the BTC price: bullish On October 10, Bitcoin fell to a low of $58,943, but the bulls bought the dips. The largest cryptocurrency rallied above the moving average lines but was halted by the 21-day SMA resistance. If the bulls break through the 21-day SMA resistance, Bitcoin will rally to the next resistance at $65,000. The bullish momentum will now continue to the high of $70,000. Bitcoin is trading at $62,641, above the 50-day SMA support but below…

Real-time financial data specialist, Truflation has launched the India Inflation Tracker which provides updated information regarding inflation in a clear and impartial manner. This tool offers live data on the Indian consumer price index (CPI), which citizens or businesses can use to plan their financial activities accordingly. Moreover, Truflation integrated with Levitate Labs, the Indian Web3 accelerator, as their implementation partner. This collaboration ensures that correct and detailed inflation data is provided. The platform provides daily data updates using decentralized technology: they meet the need for accurate information regarding late consumer price volatility. The tracker incorporates millions of data points…