Author: NBTC
The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. The words of the respected financial figure have raised questions and discussions across the crypto community. Rich Dad Poor Dad Author Sees Bitcoin Rising Japanese-American entrepreneur and author of the famous Rich Dad Poor Dad book, Robert T. Kiyosaki recently stated in an X (formerly Twitter) post on Thursday, that Bitcoin was poised to reach $135,000 after hitting a $30,000 mark at one point on Friday following rumors of BlackRock’s Bitcoin ETF approval. Gold will soon break through $2,100 and then…
In the last seven days, Bitcoin has gone up by 10.50%, following a series of significant gains across the week. Most notably, the largest crypto asset surged by 7% on Monday following the emergence of fake news on the approval of the BlackRock iShares Bitcoin Spot ETF. As expected, this price gain drew a plethora of reactions from various crypto enthusiasts and analysts. In particular, Larry Fink, the CEO of BlackRock, stated in an interview with Fox Business that the BTC surge was partially due to the fake news of the spot ETF approval but also because of a growing…
Crypto financial services platform Matrixport has predicted that an approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) could push the price of Bitcoin between $42,000 and $56,000 per unit. BTC, the world’s largest cryptocurrency, has experienced notable increases in value throughout the current week, with the aim of surpassing the significant threshold of $30,000. The cryptocurrency has been influenced by the operations of a spot Bitcoin Exchange Traded Fund (ETF) as investors continue to await approval to onboard institutional and mainstream exposure to the digital asset. Bitcoin Is Headed For $56,000 Matrixport conducted an…
The Bitcoin price has surged to a 2-month high of $30,245 today, reflecting a 5.7% increase within the last 24 hours. While several factors could have contributed to this rally, four principal drivers appear to dominate discussions. #1 Expectations Of A Spot Bitcoin ETF Approval There’s palpable excitement within the community as rumors intensify about the US Securities and Exchange Commission (SEC) potentially approving the first-ever spot Bitcoin ETFs. Currently, the SEC is actively engaging with prominent applicants including Grayscale, BlackRock, Fidelity, Invesco, and Ark Invest, among others. This has never happened before in the long history of Spot Bitcoin…
In a recent development, leading investment bank Morgan Stanley has weighed in on when the lingering Bitcoin bear market is likely to end. Interestingly, they share some similar views with analysts who have made predictions in the past. Bitcoin Halving A Major Factor In an article released by the investment bank, Morgan Stanley highlighted Bitcoin’s importance as the leading crypto and how the Bitcoin Halving, which is set to take place in April 2024, could affect its price and other crypto tokens by extension. Bitcoin halving is a deflationary measure that occurs every four years, during which the rewards of…
U.S. Treasury targets crypto mixer transactions as new class of ‘primary money laundering concern’
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In a big transfer for the burgeoning metaverse, the US Federal Communications Commission (FCC) has given the inexperienced gentle for sure applied sciences to harness the 6GHz frequency band. This resolution is well timed, aligning with the inflow of combined actuality gadgets making their debut within the tech market. Entry for Wearable Applied sciences On October 19, the FCC introduced a pivotal rule change: the 6GHz frequency band, providing a beneficiant 850 megahertz of spectrum, will now be accessible to “very low energy gadgets” sans licensing necessities. This improvement is especially helpful for low-power wearable applied sciences which are foundational…
ARK Invest CEO Cathie Wood is no stranger to Bitcoin predictions given that the asset manager has previously said that BTC will go to $500,000 and even reach $1 million. As always, Wood remains steadfast in her Bitcoin predictions, coming out once more with an even more daring figure for the pioneer cryptocurrency. Cathie Wood Says Bitcoin To $1 Million Cathie Wood, who is the founder and CEO of ARK Invest, an investment firm with over $6 billion in assets under management (AUM) has come forward with a new price expectation for Bitcoin. The CEO had a chat with Natalie…
Ethereum has long been the target of criticism from die-hard Bitcoin maximalists who believe that Bitcoin is the only worthwhile cryptocurrency despite the fact that Ethereum holds the second-highest percentage of the entire cryptocurrency market value. Now, another Bitcoin maximalist, Steve Barbour, has referred to the leading platform for smart contracts as garbage. Bitcoin Maximalist Makes Controversial Claim About Ethereum In a social media post on X, the prominent Bitcoin enthusiast recently called Ethereum “garbage” and said it has no future. His argument essentially boils down to Ethereum failing to attract investors from the free market and nothing else. Ethereum…
Macy’s has just lately unveiled mstylelab, a digital trend platform accessible by means of any machine and browser at macys.com/mstylelab. This initiative is a part of Macy’s web3 digital technique aimed toward intersecting trend and expertise. Onboarding Customers right into a Digital Trend Realm mstylelab’s first activation is a collaboration with Journee, an organization specializing in immersive digital areas like digital shops. This primary expertise focuses on Macy’s latest model, On thirty fourth, with a digital recreation of New York Metropolis. Customers can log in, create a username, and discover this digital world the place they encounter digital variations of…