Author: NBTC
Microstrategy’s Executive Chairman and Co-founder, Michael Saylor, is one who always uses every opportunity to heap praises on the flagship cryptocurrency Bitcoin. Once again, he didn’t disappoint, as BTC was the center of discussion in his latest media appearance. Bitcoin Going To $1 Million In an interview with CNBC, Michael Saylor stated that Bitcoin is going to $1 million if it isn’t going to “zero.” He noted that the “big question” in relation to BTC’s potential was whether or not the digital asset was legitimate. According to him, if Bitcoin is a “legitimate institutional asset,” then everybody is “under-allocated” to…
Ripple Foundation has started a new initiative to share crypto predictions for 2024. The network will be sharing insights from 12 leaders to predict the blockchain and crypto future in the upcoming 12 months. The initiative kicked off with Fiona Murray, Ripple’s VP and Managing Director in APAC. According to Murray, Ripple will see a hike in the number of institutional adopters. Numerous financial institutions, especially in APAC, will accept cryptocurrency by 2024. It will include the greater use of cross-border payments among corporations. Leading legacy payment institutions and Web2 brands have started investing in blockchain. The ventures are integrating…
When trying on the metaverse idea in movie, folks have a tendency to say films like The Matrix and Minority Report. Whereas these movies gave us an entertaining glimpse of what the administrators consider the metaverse can be like, they weren’t correct representations of what we now find out about it, so what film would be the first to get it 100% proper? How the Leisure Trade Is Shifting In the direction of the Metaverse There’s been quite a lot of chat in newspapers and on TV concerning the affect of the metaverse, whereas many conventional forms of leisure have…
Improbable, recognized for its metaverse know-how improvements, introduced the sale of its gaming division, The Multiplayer Group (MPG), to Key phrases Studios for £76.5 million ($97.1 million). This transfer enhances Keywords Studios‘ ‘Create’ division by incorporating MPG’s intensive experience in multiplayer recreation improvement. MPG has collaborated with eminent gaming studios and publishers, together with Activision Blizzard, Bethesda, Epic, and 2K. Development and Management Born in 2018, MPG has witnessed vital progress, with a worldwide workforce that now extends to over 360 staff. Even post-acquisition, the management group, consisting of Andy Norman, Rocco Loscalzo, Vaughan O’Brien, and Roger Cheung, will proceed…
Amid the bearish impression circling the cryptocurrency market lately, a prominent crypto analyst has revealed a recent trend for Bitcoin (BTC), which will help bolster the continuation of its price rally. What Bitcoin Needs To Sustain And Expand Its Rally A cryptocurrency analyst known as Ali recently shared this crucial information with the entire cryptocurrency community on December 18, 2023. The analyst took to X (formerly Twitter) to highlight what Bitcoin needs to maintain its upward trajectory. Ali said the crypto asset experienced a dip in network growth over the past month, which raised concerns about the stability of BTC’s…
NFT royalties are reshaping how creators profit financially from their work, transitioning them from one-time gross sales to sustained earnings. The Sandbox has embraced this idea, innovating its marketplace to facilitate a good and computerized redistribution of royalties. The Mechanics of NFT Royalties When an NFT is minted, creators set a royalty proportion, entitling them to a portion of the gross sales from any future resale of the NFT. This mechanism protects the creator’s mental property rights and ensures ongoing compensation. Whereas some platforms have built-in royalty programs, others depend on optionally available royalty funds, and a few don’t implement…
VanECK’s CEO, Jan van Eck, had so much to say about Bitcoin in a recent interview. One of the highlights was his prediction as to when the flagship cryptocurrency will once again hit its all-time high (ATH) of $69,000. When Bitcoin Will Hit $69,000 Again In an interview with CNBC, Jan Van Eck stated that he expects Bitcoin to hit a new ATH in the next 12 months. That means that the crypto token could reclaim its current ATH of $69,000 and possibly surpass it based on Van Eck’s prediction. Interestingly, his firm predicts that Bitcoin could witness a new…
Chief analyst of Singaporean exchange Bitget, Ryan Lee, has laid out some interesting Bitcoin price predictions for 2024. This forecast comes after BTC’s negative performance in the last week, where the maiden cryptocurrency declined by 4%, falling below the $42,000 price mark. Bitcoin To Trade At $120,000 In 2024 – Ryan Lee In an X post on December 17, crypto data platform Brave New Coin shared Ryan Lee’s projections for Bitcoin in the new year, which were presented in three phases. For the short term, Lee anticipates Bitcoin’s price to fluctuate between $32,000-$50,000 as determined by the outcome of the…
Bitwise, a crypto index fund manager, has forecasted a bullish price for Bitcoin that would take it past its current all-time high. Bitcoin is currently in a bullish sentiment, and the price has doubled this year. But according to this fund manager, this sentiment will continue into next year. In a recently released report, Bitwise predicted BTC will hit $80,000 in 2024, identifying two major catalysts that will send the crypto soaring. Bitwise Predicts $80,000 Bitcoin In its report, Bitwise laid out 10 things to look out for in the crypto industry in 2024, one of which included the crypto’s…
A recent report has revealed an upcoming significant event that will see the expiration of a notable amount of Bitcoin (BTC) and Ethereum (ETH) options contracts. Bitcoin And Ethereum Options Contract Set To Expire Global options trading service platform Greeks.live, took to X (formerly Twitter) to share data regarding the expiration of the crypto assets. According to the platform, about 37,000 BTC options with a notional value of $1.58 billion are set to expire. In addition, Bitcoin’s current put-call ratio stands at 1.02 with a “Maxpain” point of $42,000. Meanwhile, for Ethereum, the data shows that about 268,000 options valued…