Author: NBTC

Gold has gone up more than 2% in the past week, reaching a new all-time high fueled by global demand for safe-haven assets and anticipated interest rate cuts from major central banks, while Bitcoin continues to climb above $67,000. According to Trading Economics data, the price of gold has hiked up to $2,700 per ounce on Oct. 18, reaching a new record high. In the past week, gold has gone up by 2.08% and nearly 5% in the past month. This rise in gold is driven by growing demand for safe-haven assets and expected interest rate cuts by major central…

The Department of Government Efficiency (DOGE) token surged and reached its all-time high after the wildly successful Donald Trump rally at the Madison Square Garden. The token soared to a high of $0.05345, giving it a market cap of over $52 million. Trump Madison Square Garden rally The DOGE token surge happened after Donald Trump appeared with Elon Musk and other leading conservatives at the Madison Square Garden, the popular venue in the deep blue New York state. In it, Trump is working to flip a state that has not voted for a Republican president in decades and one that…

Cameron Winkelvoss, the Gemini co-founder and CEO, in a recent X post has called out for an inquiry into the drop of a controversial charge involving the defunct-FTX co-founder Sam Bankman Fried. It would be great if incoming Attorney General can look into why the campaign finance charges against SBF were dropped. Why was it not in the public’s interest to pursue charges related to the $100 million of stolen customer funds given to Democrats to influence elections? pic.twitter.com/xvd98jph8Y — Cameron Winklevoss (@cameron) November 23, 2024 “It would be great if incoming Attorney General can look into why the campaign…

Binance announced Wednesday it would list TikTok-inspired meme coin CHILLGUY and Morpho lending protocol’s MORPHO on its futures market. The listing came after CHILLGUY hit $600 in market cap within two weeks of launch. CoinGecko data shows that CHILLGUY’s value has risen around 7% over the past 24 hours, while extending its weekly gains to 80%. The token reached a new high of $0.65 in early trading today but has experienced a pullback, currently trading at approximately $0.53. Source: CoinGecko As of the latest market data, the token’s market cap sits at around $534 million, overtaking popular meme coins Turbo…

The Swiss Canton of Bern has passed a Bitcoin mining bill with a significant majority of 85 votes in favor. The parliament will now explore the impact of Bitcoin mining in the region. The legislation, proposed in March, aims to support renewable energy and utilize surplus energy for Bitcoin mining. Samuel Kullmann, a Bitcoin advocate and member of the Federal Democratic Union of Switzerland (EDU), announced in an X post on November 28 that the parliament had approved a measure to study Bitcoin mining. Despite opposition from the Government Council, the legislation passed with 85 votes in favor and 46…

While Bitcoin has managed to stay above $65,000 in recent days, expectations of a rise in the market have also increased. At this point, while new ATH predictions for BTC are coming, cryptocurrency company Matrixport stated that the $70,000 price target for Bitcoin by the end of the year may be too modest. Analysts said their February 2024 report predicting Bitcoin could reach $70,000 by the end of the year was too modest compared to current levels. Matrixport analysts noted that their $70,000 prediction was successful, but the $70,000 estimate may be too conservative, as the BTC price is likely…

Shiba Inu (SHIB) could move closer to its previous all-time high (ATH) if it maintains its dominance at a $10 trillion total crypto market capitalization. The prices of various crypto assets, including Shiba Inu (SHIB), plunged heavily on October 25 following reports that the U.S. government is investigating USDT stablecoin issuer Tether over potential violation of anti-money laundering rules. The total crypto market was down 2.09% in 24 hours to $2.27 trillion at press time. Interestingly, Shiba Inu also witnessed a similar decline in the same timeframe. The leading canine-themed token boasts a market cap of $9.95 billion, reflecting a…

The Organization for Economic Co-operation and Development recently introduced the Cryptoasset Reporting Framework, a regulatory approach some call CRS 2.0. This could signal the arrival of ChokePoint 3.0, as its extensive reporting requirements will expand government oversight into people’s crypto activity and holdings globally. A similar trend is seen in the EU’s recently adopted Anti-Money Laundering Regulation, which also imposes sweeping data requirements that raise concerns over privacy and financial freedoms. CARF requires Reporting Crypto-Asset Service Providers to submit annual reports on customers’ crypto transactions to tax authorities in 48 participating countries, including the UK, US, and much of the…

An FTX liquidator wallet sent nearly 11.4K SOL tokens, worth $2.66 million, to Binance. Blockchain security firm PeckShield highlighted the transfer, which is part of FTX’s ongoing liquidation process to compensate creditors. #PeckShieldAlert #FTX Liquidator Main Wallet – labeled address has transferred ~11.4K $SOL (worth ~$2.66m) to #Binance pic.twitter.com/FBMOFAwyKh — PeckShieldAlert (@PeckShieldAlert) November 27, 2024 The FTX address has actively managed the exchange’s remaining assets. This labeled wallet activity demonstrates transparency in fund movement as the exchange works to recover assets. PeckShield flagged the transaction, which reflects the exchange’s strategy to recover and redistribute funds after its collapse. FTX’s liquidators…

Max Keiser, Bitcoin maximalist and advisor to El Salvador’s president Nayib Bukele on all things Bitcoin, has published a tweet in which he revisited his ultra-bullish prediction for the future price of the world’s largest crypto. “Bitcoin to trade over $220,000 very soon” Keiser tweeted that Bitcoin is likely to skyrocket to a new all-time high of $220,000 due to a key reason – another safe haven asset, gold, reached a new all-time high of $2,713.88 per ounce for the first time in four years. The previous ATH was hit in 2020, when the world faced the pandemic and investors…