Author: NBTC
Major Bitcoin proponent and educational entrepreneur, also famous for his popular book on financial literacy “Rich Dad Poor Dad,” Robert Kiyosaki, has issued an important statement about the Federal Reserve and the world’s flagship cryptocurrency. Kiyosaki shares his take The investor shared his disapproval of the U.S. Fed in his recent tweet as he ironically slammed it (contrary to the popular advice “not to fight the Fed”) and urged his 2-million community on X to buy Bitcoin, as well as silver and gold. “Don’t Fight the Fed?” I say “F the Fed.” Buy gold, silver, Bitcoin. — Robert Kiyosaki (@theRealKiyosaki)…
The long-awaited arrival of spot Bitcoin ETFs has ignited a gold rush in the crypto world, attracting both newcomers and seasoned investors. While these new investment vehicles offer a convenient and accessible way to gain exposure to Bitcoin, their impact on the cryptocurrency’s core principles and long-term stability remains a complex question. Bitcoin ETF: Initial Surge, But Ownership Shift A Concern The data paints a fascinating picture. Following the SEC’s approval of 11 ETFs, the number of non-zero Bitcoin wallets initially soared, reaching a peak of nearly 53 million in January. This surge was likely fueled by the accessibility and…
ETH Price Prediction: Amid the latest crypto market surge, Ethereum, the second-largest cryptocurrency, experienced a notable influx, climbing from $2270 to $2492 within a week for an almost 10% increase. This rally broke through the neckline resistance of the ascending triangle pattern, signaling that the ETH price is set for further growth. Also Read: Ethereum Price Rally: Experts Foresee ETH to $4,887 by 2024, $19,190 by 2030 Bullish Pattern Sets ETH Price Rally to $2700 ETH Price Prediction| Tradingview Amid the last two weeks of consolidation, the Ethereum price formed a bullish continuation pattern called an ascending triangle in the…
OpenAI revenue reportedly surpassed $2 billion in December and is looking to double this figure next year. ChatGPT Maker Looking to Double Revenue in 2025 On an annualized basis, OpenAI’s revenue has exceeded $2 billion and much of this value is as a result of the success recorded by the company’s flagship AI product ChatGPT. It is worth noting that OpenAI’s ChatGPT has placed the firm as one of the fastest-growing technology companies in history. The growth in OpenAI’s revenue is quite exponential considering that in October, its annualized revenue was just $1.3 billion. This was around the time when…
CEO and founder of Morgan Creek Capital Mark Yusko says that the Bitcoin (BTC) bull market is just getting started. In an interview on The Wolf of All Streets YouTube channel, Yusko says that Bitcoin could hit a six-figure price by mid-next year, a figure he notes will double BTC’s fair value. According to Yusko, the fair value of Bitcoin is estimated based on its network effects or the number of BTC users and miners. Says Yusko, “It’s possible that [Bitcoin’s] fair value only goes to $75,000 or $80,000 [this bull cycle]. Let’s just say $75,000. So then the investors…
A Strategic Alliance in Web3 Space TokenFi, a prominent player in decentralized finance (DeFi), has announced a pivotal partnership with Carbon Browser, a leading name in the Web3 browsing sector. This alliance is set to enhance TokenFi’s visibility among a vast audience, tapping into Carbon Browser’s impressive reach of over 7.3 million app downloads. TOKENFI PARTNERS WITH CARBON BROWSER TO REACH 7 MILLION+ DEFI USERS#TokenFi partners with Carbon Browser, a leading Web3 browser with 7.3 million+ users. This strategic collaboration expands TokenFi’s reach to millions of users across 100 countries, with a notable concentration… pic.twitter.com/7NbrzbFsLZ — TokenFi (@tokenfi) January 19,…
Magnus Resch has been called many things: an art collector, a storyteller and at least once, by CNN, “the world’s leading art market economist.” He’s run galleries, taught in the Ivy League and has tried to quantify the often opaque world of art collecting. In his new book, “How to Collect Art,” which will be published by Phaidon in February, Resch tries to give an objective answer to the very subjective question of what artworks are right for me? Beyond the mantra of “buy what you like,” Resch attempts to offer a systemic approach to actually turning a profit by…
Ethereum’s much-anticipated Dencun upgrade is set to revolutionize the blockchain industry. Scheduled for March 13, this upgrade introduces a series of improvements to enhance efficiency and scalability across the board. Central to the Dencun upgrade is implementing nine Ethereum Improvement Proposals (EIPs), with EIP-4844, or proto-danksharding, stealing the spotlight. Ethereum Transaction Fees Will Drop Drastically The innovative proto-danksharding proposal introduces blob-carrying transactions. This novel approach drastically reduces data storage on the consensus layer by storing data off-chain and referencing it through a hash. It simplifies transaction verification and significantly lowers the data storage footprint, as blobs are not permanent and…
On February 9, Dan Dolev, a Senior Analyst working in Japanese financial giant Mizuho’s FinTech Equity Research team, joined CNBC’s “Fast Money” to offer his insights on Coinbase’s recent earnings and the broader state of the cryptocurrency space. Speaking with host Melissa Lee, Dolev provided a critical perspective on the sustainability of Coinbase’s business model, the emotional investment in cryptocurrencies, and the overall viability of the crypto market. Coinbase’s Rally: A Closer Look Through a Skeptical Lens Dolev’s analysis of Coinbase’s recent performance cuts through the market euphoria, attributing the stock’s gains to fear of missing out (FOMO) among investors.…
Ethena Labs has successfully secured $14 million in a strategic funding round. It was led by heavyweights such as Dragonfly, Brevan Howard Digital, and Arthur Hayes’ family office, Maelstrom. Given the increasing interest in this new stablecoin, Ethena Labs’ valuation soared to an impressive $300 million. How Ethena Labs Aims to Challenge Tether’s Dominance The investment round saw participation from notable entities, including PayPal Ventures, Franklin Templeton, and Fidelity through Avon Ventures. Several leading crypto exchanges, such as Binance, Deribit, Gemini, and Kraken, contributed. This diverse investor base lends significant credibility and expertise to the stablecoin project. With commitments surpassing…