Author: NBTC

A decade-old interview with financial commentator Max Keiser has resurfaced, highlighting one of the earliest public predictions of Bitcoin reaching $1 million. The 2013 forecast, based on Bitcoin’s potential share of the global forex market, offers an interesting historical perspective on early cryptocurrency price projections. ✨ Max Keiser predicting a $1 million #Bitcoin price, 11 years ago today. True at $200, true at $70k 🚀 pic.twitter.com/ArssX13psy — The Bitcoin Historian (@pete_rizzo_) October 29, 2024 Early Vision of Bitcoin’s Revolutionary Potential Speaking during Bitcoin’s early years, Keiser characterized the cryptocurrency as a “currency of resistance,” emphasizing its potential to enable independent…

Scott Bessent, a strong advocate for crypto, particularly Bitcoin, has an 88% probability of becoming the next Treasury secretary under a second Trump administration, according to prediction platform Polymarket. FOX Business journalist Eleanor Terrett described Bessent as a “very pro-crypto” figure. He believes that “the crypto economy is here to stay,” and that crypto “fits very well with the Republican Party.” “I think everything is on the table with Bitcoin,” Bessent said in a statement shared by Terrett. “One of the most exciting things about Bitcoin is that it brings in young people and those who have not participated in…

TRON DAO launched TRON-Peg USD Coin to enable seamless cross-chain transfers of USDC. The TRON-Peg USD Coin provides free cross-chain transactions with real-time transparency of reserves. TRON DAO has officially launched the TRON-Peg USD Coin (TRC-20 USDC), a cross-chain stablecoin solution designed to facilitate seamless transactions between the Ethereum and TRON blockchains. This launch expands the stablecoin ecosystem of TRON and gives users increased efficiency in the cross-chain transfer of USDC, thus opening up more ways to use USDC within the TRON ecosystem. Through the bridging of USDC across both the Ethereum and the TRON networks, TRON DAO seeks to…

Upbit, a leading global cryptocurrency exchange, will expand its USDT market with the addition of 12 new digital assets on November 13, 2024. Upbit Expands USDT Marketplace with 12 New Digital Assets The new listings include Adventure Gold (AGLD), AhaToken (AHT), ARPA (ARPA), Astar (ASTR), Bancor (BNT), MultiversX (EGLD), Filecoin (FIL), LumiWave (LWA), NEAR Protocol (NEAR), Orchid (OXT), Radworks (RAD), and Stellar Lumen (XLM). Trading is expected to begin at 4:30 PM. Digital Assets Overview AGLD (Adventure Gold): Utility token for governance in the Loot NFT project, a decentralized platform for virtual fantasy adventurers. AHT (AhaToken): Utility token that rewards…

Venture capitalist and crypto veteran Chris Burniske believes Bitcoin (BTC) may be just days away from a massive breakout. Burniske says on the social media platform X that Bitcoin could have an explosive move in November, suggesting that the monthly timeframe chart of the flagship digital asset is turning bullish. “If BTC were to have ‘one of those candles,’ November would be a good candidate month… I mean… c’mon.” Source: Chris Burniske/X Looking at his monthly chart, Bitcoin is trading above multiple simple and exponential moving averages, which have acted as support in prior bull market cycles. In technical analysis,…

An important deadline looms at the end of this year for firms to comply with Europe’s update of its Transfer of Funds Regulation (TFR) to include crypto transactions. Notabene CEO Pelle Braendgaard believes Donald Trump will emulate what the European Commission is doing in order to bring trading volume back to the U.S. Notabene, a startup that helps cryptocurrency trading firms comply with anti-money laundering (AML) rules, has raised $14.5 million Series B funding led by DRW Venture Capital, with participation from funds managed by Apollo, Nextblock, ParaFi Capital, and Wintermute. Bringing crypto into line with the rest of the…

Shibarium, the Shiba Inu layer 2, is on track to hit a new milestone amid sustained adoption in the past few weeks. After recording a sustained average daily transaction count of four million, the total recorded transactions will hit 480 million soon. As of writing time, data from the Shibarium scan pegs this figure at 479,540,254. This 480 million milestone might be achieved within hours at the current adoption rate. Shibarium and Shiba Inu hype The November bullish rally narrative is playing out at a very fast pace amid broader industry hype. Over the past month, the price of Shiba…

South Korean authorities are investigating local cryptocurrency exchanges for potential anti-monopoly breaches, fueled by Binance’s overarching dominance in the market. Binance’s trading volume is 22 times that of all South Korean exchanges combined, including Upbit, which holds an 80% market share in the region. This disparity in volume has raised concerns about fair competition and potential regulatory gaps in the South Korean cryptocurrency market. Authorities are now scrutinizing local exchanges to ensure compliance with anti-monopoly laws and to maintain a level playing field for all market participants. Binance’s Trading Volume in South Korea A recent analysis by “burakkesmeci” on CryptoQuant…

The price of Bitcoin (BTC) is on the rise, breaking through the $69,000 resistance zone. This is the third time that Bitcoin has surpassed its current price level. Long-term forecast for the Bitcoin price: bullish However, the bulls have failed to sustain their bullish momentum above the $69,000 level. Once the initial barrier is broken, Bitcoin will rise above the psychological level of $70,000. However, if the bulls fail to break the $69,000 level, the largest cryptocurrency will continue to move sideways above the moving average lines but below the resistance line. Nevertheless, the current upswing will stop if the…

French blockchain analytics firm Kaiko has acquired crypto index provider Vinter, aiming to expand its presence in the European exchange-traded product market. Kaiko, a Paris-based blockchain data firm, announced the acquisition of European index provider Vinter as part of its strategy to consolidate regulated crypto financial products. In a blog announcement on Nov. 12, Kaiko stated that the acquisition will enable the firm to meet the “growing institutional demand” for crypto indices following the successful launch of spot Bitcoin exchange-traded funds in the U.S. earlier this year. “This strategic acquisition comes amid significant industry consolidation, which has a direct impact…