Author: NBTC

While Bitcoin broke a record by exceeding $100,000 for the first time in its history last week, the upward trend paused when the price fell below $100,000 again. Although the market continues to expect BTC to reach higher levels by rising above $100,000, one analyst said that data shows that BTC is unlikely to continue to reach new highs until January. Speaking to Decrypt, Sean Dawson, head of research at DeFi derivatives protocol Derive, said that the probability of BTC reaching $150,000 by January 2025 is low and that the probability of Bitcoin exceeding $150,000 is 6%. Stating that the…

Messari’s Ryan Selkis takes a jab at the XRP and Cardano communities. Despite being among the oldest and most prominent Layer 1 blockchains by several metrics, the XRP Ledger and Cardano are often regarded with disdain in the crypto community, with critics often questioning their use cases. One of the loudest voices in this campaign against these leading Layer 1 chains in recent months has been Messari co-founder Ryan Selkis. Over the past two days, the controversial crypto figure has reignited hostilities with the communities behind these blockchains with a fresh tirade. No Users? Ryan Selkis has again taken aim…

DexCheck, a prominent blockchain analytics firm, has announced its exclusive collaboration with ChainGPT Labs. The strategic partnership denotes a noteworthy move forward in the world of AI-backed innovation in the crypto analytics realm. The platform took to social media to disclose this endeavor. DexCheck is proudly backed by @ChainGPT_Labs!As part of the ChainGPT Labs ecosystem, DexCheck is combining expertise in AI and analytics through our collaboration with @Chain_GPT to bring smarter, more efficient tools.Innovation is in our DNA 🧬$DCK pic.twitter.com/q15NdxSEwq — DexCheck AI (@DexCheck_io) December 15, 2024 DexCheck and ChainGPT Redefining AI-Driven Analytics DexCheck pointed out that, with its partnership…

El Salvador plans to make some changes to its approach to Bitcoin in order to secure a $1.3 billion loan from the International Monetary Fund (IMF). According to a Monday report from FT, citing sources close to the matter, the country is close to reaching an agreement with the IMF on the loan program, which requires modifications to its Bitcoin legal tender law and deficit reductions. Under the proposed terms, El Salvador’s government would change the legal requirement that mandates businesses to accept Bitcoin as payment, making it optional instead. The government would also commit to reducing its budget deficit…

In an open letter to the CEO of SBI Holdings, GAM Investments has called on the Japanese financial giant to adopt an ambitious XRP-focused strategy. The Swiss investment manager has called on SBI to implement an XRP buyback program using a strategy similar to MicroStrategy’s approach to accumulating Bitcoin. In the letter, GAM claims that SBI Holdings, which holds a significant stake in Ripple Labs and its XRP holdings, is trading at a significant discount to its true net asset value (NAV). According to GAM, SBI’s indirect holdings in Ripple, valued at more than 1.6 trillion JPY, exceed the company’s…

Rabbit, a popular Web3 platform, has officially announced a strategic collaboration with an AI-driven GameFi and crypto project BEBE. The partnership targets to leverage Rabbit’s expertise and advanced solutions of BEBE at the intersection of AI, Web3, cloud computing, and gaming. The platform took to social media to disclose this development. 🚀 Rabbit X BEBE Partnership 🌌We’re excited to announce our partnership with BEBE @BEBE_BE1BE , an AI-driven Crypto & GameFi project at the cutting edge of Web3, gaming, and cloud computing! 🎮💡Check out @bebe_be1be Official Site:https://t.co/JTOD0JRuce pic.twitter.com/sFUSc3DeI4 — Rabbit (@therabbit_io) December 15, 2024 Rabbit and BEBE Collaborate, Innovating AI,…

The token unlocks set to hit the cryptocurrency market between December 16 and December 23 are valued at approximately $843 million. The releases are divided into two different categories: cliff unlocks, led by Arbitrum’s ARB token release, and linear unlocks, headlined by Worldcoin’s WLD token. The unlock schedule involves both major layer-1 blockchain tokens and new protocol tokens, with varying impacts on their respective circulating supplies. Arbitrum leads large cliff token unlocks ARB leads the upcoming cliff token unlocks, with 92.65 million tokens valued at approximately $96.81 million set for release. According to Tokenomist, this unlock represents 2.26% of ARB’s…

The team behind popular Ethereum farming game Pixels announced Monday that it will publish a new spinoff game called Pixel Dungeons, which serves up dungeon-based combat and lets players earn the same familiar PIXEL token. The new game, developed in partnership with Crack and Stack, introduces a fast-paced competitive setting where players navigate dangerous dungeons, collect crypto rewards, and battle opponents. Players have two minutes to mine PIXEL tokens, use TNT to defeat goblins, and avoid lava while potentially sabotaging other players to claim their treasures. Pixel Dungeons represents a new phase for the Pixels team, with its first publishing…

The NEAR Protocol has unveiled NEAR Intents, a cutting-edge project for cross-chain transactions. The launch of NEAR Intents aims to reshape how consumers interact across diverse blockchains with the provision of secure and seamless cross-chain transfers. The platform disclosed this groundbreaking development on social media, X. 🔥🔥🔥 NEAR Intents, introduced by @NEARProtocol last month, revolutionize blockchain transactions by enabling seamless, secure cross-chain interactions. It emphasizes speed and decentralization, supporting over 30 tokens across 8 blockchains.Recent data reveals cumulative… pic.twitter.com/XSUAGX57XS — Near Insider (@near_insider) December 15, 2024 NEAR Intents Targets to Enhance Cross-Chain Transfers The NEAR Protocol mentioned that NEAR Intents…

Samson Mow, prominent Bitcoin advocate and CEO at the BTC-focused firm JAN3, has addressed the cryptocurrency community with a Bitcoin price forecast that may change everything quite soon. This bullish warning came as the world’s leading cryptocurrency has declined by 3.09% today, dropping from above the $100,000 level. At the time of this writing, the pioneer cryptocurrency is trading at $98,670. In his traditional Bitcoin maxi and bullish manner, Mow tweeted that he expects Bitcoin to trade below $100,000 for a very short time. Therefore, he said, there is still a chance to buy BTC “for less than $0.1 million.”…