Author: NBTC

Elon Musk’s net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla’s valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023. Amid an array of revenue streams and changing markets, Musk is possibly hinting at early-stage investments. Musk has made early-stage bets Elon Musk has accumulated the most wealth than any individual in history. In the past week, his net worth surpassed $334.3 billion, as per Forbes. Musk has added close to $70 billion to his wealth as he hints…

Celestia will release 176.2 million TIA tokens on October 30th. These tokens are valued at $1.07 billion, representing 80% of the current circulating supply. This event may impact TIA’s market by introducing a large number of tokens. 🌟 $TIA Investor and Team Supply Release on October 30th 🌟On October 30th, $TIA will release 176.2m tokens valued at $1.07 billion, representing 80% of its circ. supplyHere’s a breakdown by allocation:• Private Investors (Seed + Series A & B): 117.38M $TIA ($712.5M)•… pic.twitter.com/WtIXl08A6G — Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) October 24, 2024 Private investors will receive 117.38 million TIA tokens worth $712.5 million,…

In a recent X post, David Schwartz, Ripple Labs’ Chief Technology Officer (CTO), delivered a sharp critique of Operation Chokepoint 2.0. He condemned the act as a dangerous abuse of power that undermines due process and constitutional rights. Notably, Operation Chokepoint 2.0 allegedly pressures banks to sever ties with certain businesses operating in the crypto industry. Cutting ties, as hinted, may come without proof of wrongdoing. This approach has sparked intense debates about government overreach and the misuse of indirect regulation. Critics argue it undermines due process and sets a dangerous precedent for targeting lawful activities. Operation Chokepoint 2.0 and…

Google has reinstated price charts for Bitcoin and Ethereum in its search results after a brief suspension that left users without immediate access to cryptocurrency price data. The removal, which occurred over the weekend, had sparked discussions and speculations within the crypto community. Previously, when users searched for cryptocurrencies including Bitcoin or Ethereum, Google provided real-time or near-real-time charts displaying the current price directly in the search results. This feature allowed users to quickly check prices without navigating to another platform. However, over the weekend, users noticed that searching for Bitcoin no longer yielded these charts, while searches for stock…

This week remains one of the most volatile for digital currencies, with Ethereum (ETH) prominently featured. Over the past 24 hours, the digital currency soared as high as $3,687, marking a five-month high. The price has since cooled off, but CryptoQuant confirmed that the coin has resumed the second leg of its bull run. Ethereum’s quest for ATH At the time of writing, the price of Ethereum has slipped back to $3,620 but with a 5.92% surge in 24 hours. As CryptoQuant Analyst crypto sunmoon pointed out, Ethereum generally hits a higher price mark in subsequent bull cycles than what…

According to a Financial Times report, the Bank of England (BoE) faced doubt from financial markets over its ability to deliver on its 2% inflation target. The report revealed that while actual figures from the UK’s central bank showed positive progress in taming inflation, financial markets remained skeptical of the BoE’s official projections. Last year, the BoE predicted that inflation would be at 3% as both interest rates and unemployment stayed above 5% by the end of 2024. However, the situation turned out more positive as the report revealed that inflation eased closer to the 2% target while interest rates…

Solana has managed to reach its highest daily REV (real economic value) to date (more than $11 million), according to recent data. For comparison, all Ethereum layer-2 solutions logged only $280,000 in revenue over the same period of time. Notably, Solana also recorded its largest gap with the Ethereum blockchain to date (nearly $4 million). Notable milestones On Oct. 23, the Solana blockchain recorded a total of 9.4 million transactions, logging a new year-to-date high. The “Ethereum killer” recently surpassed $6.5 billion in total value locked (TVL), according to blockchain data platform DefiLlama. Jito, Kamino, and Raydium are the top…

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Touzi Capital and its CEO, Eng Taing, alleging a $115 million fraud scheme that misled more than 1,500 investors nationwide. The case focuses on unregistered securities offerings tied to crypto mining and debt rehabilitation businesses. According to the SEC complaint, Taing and Touzi Capital raised $95 million for cryptocurrency mining projects and another $23 million for debt rehabilitation initiatives between 2021 and early 2023. The investments were marketed as “stable and predictable,” and Taing reportedly likened them to high-yield savings accounts. But the SEC alleges the investments were…

In recent years, Bitcoin’s (BTC) price has mostly appreciated each Halloween season, and now an artificial intelligence (AI)-enabled analysis tool, alongside chart patterns, is highlighting a possible continuation of this trend in 2024. Except for 2018 and 2022, the valuation of the maiden cryptocurrency has traded higher on each Halloween day than the year before. Therefore, to determine if the trend will be replicated in 2024, Finbold leveraged insights from advanced AI algorithms deployed by the crypto analytics and forecasting platform PricePredictions. According to the tool, Bitcoin will likely trade at a new record high of $73,977 on October 31,…

Main Takeaways: The ForeverSkills Digital Collectibles are your chance to prove your football skills and show off your CR7 fandom. With the Proof of Skill Duet Challenge, one lucky winner will even get to meet the G.O.A.T. in person. From December 9, you can mint three free Digital Collectibles that come with associated skills tutorials covering Cristiano’s well-known moves. Four premium Digital Collectibles of his renowned skills released on December 12 give you a chance to win signed merchandise by him, access to all signature skill tutorials available, unlock a Digital Masterclass with the G.O.A.T. himself, and even meet Cristiano!…