Author: NBTC
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. One word might be enough to sum up crypto investing in 2025, according to Franklin Templeton’s Roger Bayston. Diversification. The asset management titan, alongside competitors, launched bitcoin and ether ETFs last January and July, respectively. The SEC earlier this month approved 19b-4s for crypto index funds (from Franklin and Hashdex) that would hold both assets — and potentially other coins in the future. “It feels like ETF legal staffs will be busy in the first part of the year,” Bayston, the firm’s digital assets lead, told…
In a significant move to support decentralized AI innovation, Matchain, a blockchain designed for AI identification, has partnered with io.net, the leading decentralized compute network. This collaboration marks a milestone for the blockchain industry, as io.net will provide GPU infrastructure to power applications across Matchain’s ecosystem.—As Matchain’s official compute partner, io.net will simplify the complexity of infrastructure management for developers by offering decentralized GPU resources. This aligns with io.net’s mission to make high-performance decentralized computing more accessible, helping developers meet the growing demand for computing power.Building Scalable, Affordable GPU InfrastructureBy tapping into io.net’s decentralized GPU clusters, Matchain projects will gain…
Robinhood plans to distribute crypto rewards to eligible users who access the platform’s countdown screen at 8:30 PM Eastern Time, according to social media reports. Have you seen the new countdown in your Robinhood app? 👀 We have a surprise coming. Update your app and make sure to be on the countdown screen at 8:30 PM ET on 12-31. Terms apply. https://t.co/7b6r5nieTS pic.twitter.com/EmasInaBKK — Robinhood (@RobinhoodApp) December 31, 2024 Users must have an active Robinhood Crypto account to claim the reward, which will be available through notifications within one week after the countdown ends. Unclaimed rewards will expire after 30…
In 2017, Brendan Greene, or “PlayerUnknown,” kickstarted the battle royale craze with PlayerUnknown’s Battlegrounds. Now, Greene has an even bigger goal, a metaverse, but not in the usual way. In an interview with IGN, Greene said he wants to create a “3D internet.” However, unlike current metaverse efforts, which Greene dismisses as “IP bubbles,” his vision is of interconnected worlds that work on shared protocols like webpages do with the Internet. “See, the Metaverse is a 3D internet. You should be able to create your own worlds and just have them all operating on the same protocol, like HTTP. So…
Jurrien Timmer, director of global macro at Boston-based mutual fund behemoth Fidelity, believes that Bitcoin exchange-traded funds (ETFs) appear to be one of the main catalysts behind the recent rally that nearly brought the largest cryptocurrency to the much-coveted $100,000 price mark. The Fidelity executive has also taken note of levered speculators pushing Bitcoin’s open interest (OI) higher. “But it’s not just cash jumping on the trend. The open interest in the futures market is soaring as well, driven by hedge funds and levered speculators,” he said. As reported by U.Today, Galaxy Digital CEO Mike Novogratz recently predicted that Bitcoin…
Telegram’s first update of 2025 introduces collectible gifts, enabling users to transfer or trade upgraded gifts on NFT marketplaces. Telegram, a multi-platform messaging service, has kicked off 2025 with a major update, introducing collectible gifts that can be traded as non-fungible tokens on third-party marketplaces. In a blog post dated Jan. 1, Telegram announced that gifts sent or received on its platform can now be upgraded to “collectibles.” These collectibles feature unique designs, secondary traits like background colors and icons, and varying levels of rarity. According to Telegram, over 1,400 variations of gifts such as “Homemade Cake” and “Jelly Bunny”…
Infrastructure providers, such as Northern Data (NB2), are well positioned to benefit from the growing demand from artificial intelligence (AI) and high-performance computing (HPC) firms, broker Canaccord Genuity said in a report Thursday initiating coverage of the stock. Canaccord assumed coverage of the shares with a buy rating and a 60 euro ($62) price target. The stock was trading 2.4% higher at 45.65 euros at publication time. Companies like Northern Data are “building the railroad for the AI gold rush,” analysts led by Kingsley Crane said. The company’s Taiga Cloud business has come online at the “forefront of what is…
Digital asset markets are constantly evolving, with fresh and interesting projects emerging continuously. Today December 4, many tokens grabbed the attention of the crypto community. According to data shared by Phenix Group, cryptocurrencies with outstanding performance today include Tron, Amp, Status, RARI, JUST, Sharpe AI, Klever Coin, Braintrust, Hyperliquid, and Curve DAO. Each of these gainers displays extraordinary attributes and has witnessed unique market activity, providing smart investors with distinct avenues to make profits. Leading crypto gainers today Tron (TRX) TRX rose tremendously, displaying the most remarkable surge today. Tron outperformed other dormant cryptocurrencies with an impressive increase after its…
RavenQuest, a groundbreaking MMORPG, has claimed the spotlight as part of the Immutable Season 2024 Champions lineup. With over 250,000 active players and an impressive track record of achievements, the game is solidifying its reputation as a leader in the web3 gaming ecosystem. Combining immersive gameplay, community engagement, and blockchain technology, RavenQuest continues to redefine the boundaries of decentralized gaming. Immutable Season featuring RavenQuest@RavenQuestGame is a battle-tested MMORPG with 250K+ active players.RavenQuest won Best Adventure Game of the Year and is the most watched web3 game on Twitch. pic.twitter.com/CLkasmVx4I — Immutable (@Immutable) January 1, 2025 RavenQuest has emerged as one…
We just got confirmation that some time in 2025, Elon Musk will be launching X Money, a payment system built to transform X (formerly known as Twitter) into an “everything app.” That kind of app combines social media, payments, and possibly cryptocurrency into one chaotic, and perhaps world-changing experiment. If anyone can pull it off, it’s Elon—love him or hate him. The question now though is: will crypto finally get a seat at the table? Linda Yaccarino, X’s CEO, dropped the news on New Year’s Eve 2024. She also announced extras like X TV and Grok, Elon’s AI baby, to…