Author: NBTC
During a recent appearance on the “Markets with Madison” podcast, which is hosted by NZ Herald journalist Madison Reidy, MicroStrategy CEO Michael Saylor stated that Apple should consider buying $100 billion worth of Bitcoin (BTC) instead of a stock buyback. “Buy a $100 billion of Bitcoin. It will go to $500 billion. You’ll have a $500 billion business growing 20% a year. You will make $100 billion in investment gains a year. Your investors will look at it, and they’ll add a trillion or two trillion dollars to your market cap, and now the company will be valued 60% based…
Bitwise Investment Management (BITB) has sustained its bull run recording $26,000,000 inflows today and $82 million in volume in just 3.5 hours with a short market day. On its previous day of trades, Nov. 28, Bitwise’s $BITB led at $48.05 million with Fidelity’s $FDT at $40.24 million as no other ETF inflows or outflows were recorded. Bitwise sees strong appetite for digital assets BITB, CEO Hunter Horsley revealed in a post on X platform adding the bull run was suggestive of strong demand for digital assets by investors. “$26,000,000 of inflows into $BITB today and $82M of volume in just…
XRP Unveiled details how XRP is changing global monetary frameworks. Ripple Labs is currently involved in an essential legal dispute with the SEC. The short film illustrates the token’s ability to improve international money transfers. XRP just recently sent ripples of anticipation to investors and enthusiasts in the market with its decision to release the XRP documentary. XRP Unleashed, the first film focused on the token, will premiere on November 21, 2024. Fruition Production has partnered with Amazon Prime and Apple TV for this worldwide release. This documentary draws attention to the coin’s role in digital finance and international transactions.…
After players spent the last couple months racking up millions of in-game soccer balls, the developers of Captain Tsubasa: Rivals—a tap-to-earn game on Telegram—announced first details this week about the planned crypto token attached to the game. Captain Tsubasa: Rivals will launch a token called JOHN, which “inspired by the adorable dog of our legendary goalkeeper Wakabayashi,” per an official announcement. “With his signature eyebrows, JOHN is here to bring even more excitement to your journey.” No timeline has been set for the token launch, but based on the Telegram mini app’s airdrop page, it appears that the token will…
Market analysts are optimistic about further uptrends for Bitcoin as recent trends and bullish signals emerge. Yesterday, following the $68,375 peak, Bitcoin briefly dipped to the $66K region but rebounded shortly after. While it closed the day in the $67K range, it has retested the $68K level again today. Amid Bitcoin’s current position, concerns are growing about whether it can surpass the $70K mark or face resistance and significant retracement, as seen consistently in recent months. Bitcoin’s Weekly MACD Flashes Bull Signal In a post on X today, analyst Jelle examined Bitcoin’s weekly timeframe and issued a bullish signal for…
America’s biggest banks are reporting a rapid increase in the number of substandard, doubtful and potentially loss-making loans on their balance sheets, according to a new report. The amount of money tied up in criticized loans, which show emerging signs of risk and weakness that could lead to defaults, just reached its highest level since 2020, reports S&P Global. JPMorgan Chase has witnessed the largest year-over-year increase, with the number of criticized loans at the firm jumping 26.3%, reaching $26.01 billion at the end of Q3. Meanwhile, Wells Fargo has recorded a 17.9% year-on-year increase in criticized loans, at $37.6…
The cryptocurrency market is expecting a lot of economic data to be released in the new week, and perhaps the most important of these is the US Nonfarm Payrolls data to be released on Friday. Last week was an eventful one for the cryptocurrency market, and it looks like the new week will be no less. In the new week, there will be large amounts of token unlocks in many altcoins, especially under the leadership of Celestia. Here is the weekly token unlock calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye…
XRP on-chain activity has surged, with active addresses reaching a six-month high of 12,230. New wallet creations increased by 10.39%, while overall transaction volumes declined. Despite this uptick, XRP’s price recently fell below $0.50 due to broader market concerns. Activity on the XRP blockchain is experiencing a remarkable resurgence. Recent data from CryptoQuant highlights a significant uptick in on-chain activity for XRP, with the number of active sending addresses reaching a six-month peak. This renewed momentum has seen 12,230 active addresses engaged in daily activity, indicating a resurgence in market interest in XRP. What Heightened On-Chain Activity Means for XRP…
Samson Mow, a vocal Bitcoin supporter and the chief executive officer at JAN3, which is focused on helping nation-states to adopt BTC, has made an epic Bitcoin Omega candle prediction, which he expects to push BTC above the $1 million level. He shared an edited extract from the classic Matrix movie, featuring $1 million+ Bitcoin Omega candles. “What if I’m right?” Bitcoin to $1 million: Mow The clip from “The Matrix” shared by Mow shows the moment when Neo was about to leap over the gap between two skyscrapers, jumping from one roof and aiming to land on the other…
After a rocky start to October, Bitcoin (BTC) has taken off quickly, reclaiming its previously stable levels between $65,000 and $67,000, giving investors hope that the world’s premier cryptocurrency might soon aim for new all-time highs (ATH). Despite the prevailing optimism, many traders appear convinced BTC is nearing the limits of the current rally, as 58.23% of Binance accounts with open Bitcoin positions have started shorting the cryptocurrency, per the data shared on X by the prominent analyst Ali Martinez. While Bitcoin is not all cryptocurrency, and Binance hardly corresponds to the entirety of the crypto market, their sheer size…