Author: NBTC

I am a single-issue voter, and surprise — it’s not Bitcoin. It’s sovereignty. For Bitcoiners, sovereignty is sacred. It is the highest unspoken commandment, “to thine ownself be sovereign.” Bitcoin, born out of frustration with centralized financial systems, has evolved into a global movement for people reclaiming individual freedom and control. But true sovereignty goes beyond financial freedom. It means having control in every aspect of our lives — especially over our bodies. At its core, sovereignty is the power to consent, and nowhere is that principle more urgent than in the fight for reproductive rights in the US. The…

Bitcoin’s price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines. According to Lookonchain, a smart money on-chain account on X, as Bitcoin (BTC) extended its decline from the recent peak above $73,000, a whale address that had previously sold in October appeared spooked. Data indicates that the large BTC holder, likely concerned about potential downside pressure, panic-sold $141.5 million worth of the flagship cryptocurrency. This 2,019-BTC dump wasn’t a one-off for the whale. On-chain data shows that this particular large holder had already offloaded a total of 5,506 BTC worth more than…

Artificial Superintelligence Alliance (FET) surged 16% in 24 hours, reaching $1.31 with a market cap of $3.27 billion. FET’s partnership with SingularityNET expanded its cross-chain capabilities on Cardano, improving liquidity and user accessibility. The Artificial Superintelligence Alliance (FET) token has recorded a notable rise, surging by 16% within 24 hours on September 10. The price moved from $1.13 to a high of $1.31, positioning FET as a viable player in the AI-related token space. FET is trading at $1.32, reflecting a one-day gain of over 2%. Alongside this price surge, the trading volume saw a 31% increase, with $261.07 million…

As the U.S. election cycle progresses, its potential impact on global markets, including cryptocurrencies, is under intense scrutiny. Cryptocurrency analytics firm Santiment noted that while Election Day (today) is a big deal, the real impact on the crypto market could take days or even weeks to fully sink in. The race between Republican candidate Donald Trump and Democratic candidate Kamala Harris is expected to be close, and the wait for final results will be long. Trump’s Pro-Crypto Attitude Santiment notes that there is a notable pro-Trump sentiment among crypto traders, which he attributes to Trump’s pro-crypto policy promises: National Bitcoin…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The historic trend of BTC rising in October ended up occurring again despite a rocky first half of the month and a rough final day. All said and done, the asset’s price rose nearly 11% during the month. BTC started October around the $64,000 mark and breached $66,000 a couple weeks in before breaching $73,000 earlier this week. Some attributed the run to heavy bitcoin ETF inflows and a possible Donald Trump victory as some polls (and betting markets) swung in his favor. On Halloween though,…

XRP Ledger (XRPL) might be poised for significant upgrades in the days ahead as key amendments have recently gained majority support from the network’s validators. On XRP Ledger, fully functional transaction process changes are introduced as amendments and validators vote on them. According to Vet, an XRPL dUNL validator, two XRP Ledger amendments just gained the majority and are now in the two-week activation period. These two amendments are fixPreviousTxnID and fixEmptyDID, a crucial amendment required before the DID amendment. Another 2 #XRP Ledger Amendments just gained majority at 29 Yes Votes and are now in the 2 weeks activation…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Happy Election Day to our US readers! Yesterday we wrote about one close race in the Senate that has caught the attention of big crypto donors. Here are some other Senate races we will be watching tonight: Utah Senate Seat: Caroline Gleich (D) v. Rep. John Curtis (R) In the race to replace outgoing senator Mitt Romney, current US Rep. Curtis is polling ahead of Democrat Gleich by 35% — a lead largely attributed to the crypto industry. The Defend American Jobs PAC (part of the…

Robin Brooks, former chief economist at the Institute of International Finance, continues to insist that Bitcoin is “just another bubble asset” despite the substantial gains that were recently recorded by the flagship cryptocurrency. The economic expert has downplayed the recent rally, arguing that it was simply the result of an interest rate cut implemented by the Federal Reserve. Last March, Brooks riled up Bitcoin advocates by claiming that the leading cryptocurrency had zero diversification benefits and zero yield. He also stated that Bitcoin could not serve as a viable store of value. After Bitcoin recently came close to registering a…

POL, a brand-new asset of the largest PoS ecosystem Polygon, jumps into the best performers in the top 100 cryptos. Major crypto exchanges, including Binance (BNB), OKX, Bybit and Upbit, have already enabled POL trading as well as some large Tier 2 platforms. POL posts double-digit gains after Binance (BNB) finalizes upgrade Today, Sept. 14, 2024, Polygon’s POL was the best performing asset in the top 100 of cryptocurrencies by market cap. Such an impressive spike was triggered by the fact that POL is now available on the world’s largest cryptocurrency exchange Binance (BNB) in pairs with USDT, USDC and…

What is the true cost of producing one Bitcoin? A fresh report from Coinshares revealed some interesting findings, underscoring the rising mining difficulty and the potential impact on miners. Bitcoin halving events carry a lot of significant and this year’s having was particularly notable. This is because it was characterized by a surge in mining difficulty which may reduce the profitability. As a result, many miners are forced to shut down their operations due to the inability to breakeven. The most notable impact of the higher mining difficulty observed recently is a surge in production costs. The Coinshares reports estimated…