Author: NBTC

At the Bitcoin MENA conference in Abu Dhabi, SkyBridge Capital founder and former White House Communications Director Anthony Scaramucci made a bold prediction: China will re-enter Bitcoin by the end of 2025. Speaking with conviction at the ADNEC Centre on December 10, Scaramucci laid out his forecast: “Now that the United States is open to this idea, I think it would be impossible to suggest that other countries wouldn’t do the same thing. I’m sitting here today in December 2024. I’ll make a prediction here: By this time next year, the Chinese will be back in the Bitcoin game.” He…

Ethereum’s price has struggled to break above the $4,000 psychological barrier since it reclaimed its year-to-date high of $4,093 on December 6. However, market participants continue to accumulate the leading altcoin despite broader market consolidation. This increases the likelihood of a break above the $4,000 price level in the near term. This analysis details why. Ethereum Buy Orders Surge Ethereum’s Taker Buy-Sell Ratio has surged to a monthly high of 1.033, indicating a spike in buy orders in the coin’s derivatives market. This metric offers insight into an asset’s market sentiment and potential price direction by comparing the volume of…

The Federal Reserve is expected to implement a quarter-point rate cut at its upcoming December meeting, lowering the benchmark rate to a range of 4.25% to 4.50%, according to a Bloomberg report. This anticipated move aligns with market expectations, as indicated by the CME FedWatch tool, which shows a 96.9% probability of the reduction. If implemented, it would mark a full percentage point decrease since September, highlighting the Fed’s ongoing efforts to manage economic conditions. Market projections indicate fewer rate cuts in the coming year as inflation remains persistent and economic growth continues to show strength. This outlook is bolstered…

The South Korean National Assembly is reportedly planning a detailed investigation into the altcoin AVAIL over price manipulation concerns. Democratic Party of Korea lawmaker Min Byeong-deok plans to call the AVAIL token the “second Burger Coin” during Thursday’s Political Affairs Committee meeting. South Korean regulators will examine AVAIL’s transactions on the Bithumb exchange in July. Byeong-deok first used the term “Burger Coin” last year to describe the SUI coin, which faced scrutiny because the foreign-issued token was being traded domestically. Now, the term is being applied to the AVAIL token. The legislator said: “October 17’s audit will let us address…

BlackRock, the world’s largest asset manager, announced expansion of its flagship tokenized real-world asset fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). Tokenized by Securitize and initially launched on Ethereum earlier this year, BUIDL is now accessible on five additional blockchains: Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon. Each of these new chains offers its own set of advantages, such as faster transaction speeds and reduced fees, providing investors with more options and greater efficiency in their transactions. BNY, playing a key role in bridging traditional and digital financial ecosystems, facilitated the fund’s launch on these additional blockchains…

Changpeng Zhao (often known simply as CZ), a co-founder, the ideologist, and former CEO of the world’s largest cryptocurrency exchange Binance, has published a fundamental Bitcoin statement, giving a big warning to the crypto community. MicroStrategy’s founder Michael Saylor, a renowned Bitcoin advocate, responded to support CZ and his BTC statement. CZ highlights Bitcoin’s chief feature – scarcity Crypto influencer Changpeng Zhao reminded the crypto community that the pioneer and the largest cryptocurrency by market cap, Bitcoin, was programmed by Satoshi Nakamoto not too surpass 21 million in supply. CZ warned Bitcoin enthusiasts that 19.8 million Bitcoins have already been…

Aave (AAVE) has been garnering significant attention from both investors and institutions following its impressive performance. Amid this rising interest, the Trump family’s crypto project, World Liberty, has once again made a notable investment in AAVE. World Liberty Investment in AAVE On December 14, 2024, a blockchain social media platform shared a report that World Liberty spent 662,630 USDC to buy 1,842.532 AAVE through Cow Protocol. With this, World Liberty’s total holdings have soared to 5,886 AAVE, worth nearly $2.27 million. The Trump family crypto project World Liberty spent 662,630 USDC to purchase 1,842.632 AAVE through Cow Protocol from 23:51…

Ethereum price today: $3,870 Ethereum ETFs’ recent consistent inflows could push ETH to new highs just as Bitcoin ETFs did Bitcoin’s. Increased network activity has driven up the fees burned on Ethereum, leading to a contraction in the growing ETH supply. Ethereum needs to overcome the selling pressure near the $4,000 psychological level. Ethereum (ETH) is up 1% on Thursday as it aims to tackle the selling pressure near the $4,000 psychological level. On-chain data shows that ETH has begun seeing increased bullish momentum, which could push its price to a new all-time high above $5,000. Ethereum ETF flows and…

In a bold prediction for 2025, asset manager Bitwise has predicted significant milestones for two major players in the cryptocurrency space. According to a recent tweet, Bitwise predicts that Coinbase will enter the S&P 500 and MicroStrategy will join the Nasdaq 100. This development could have far-reaching implications, potentially introducing crypto exposure to nearly every U.S. investor’s portfolio. Bitwise’s prediction is part of a broader set of forecasts for the coming year, which also includes expectations for Bitcoin to reach new all-time highs. 2025 PREDICTION: Coinbase will enter the S&P 500 and MicroStrategy will enter the Nasdaq-100. Think of the…

On October 17, ApeCoin DAO reached a critical decision to dissolve four working groups, securing an impressive approval rate of 98.02% on the Snapshot platform. This move specifically targets the groups involved in management, marketing, metaverse initiatives, and Web3 development. The driving force behind this action centers on the unsustainable financial burden these groups represented, amounting to nearly $3 million annually, without yielding the anticipated productivity. Contents hide 1 Why Were These Working Groups Disbanded? 2 How Will Outsourcing Improve Operations? Why Were These Working Groups Disbanded? The announcement pointed out that these groups consistently fell short of their goals,…