Author: NBTC

In a forecast issued via X on Friday, Timothy Peterson, a respected network economist and prominent author in the field of crypto analytics, predicted a near-certain rise of the Bitcoin price in the upcoming 8 months. “There’s a 90% chance Bitcoin will reach a new ATH before March 2025,” Peterson proclaimed. Peterson, known for his works including “Metcalfe’s Law as a Model for Bitcoin’s Value,” bases his forecast on the analytical framework detailed in his research paper titled “Lowest Price Forward: Why Bitcoin’s Price is Never Looking Back.” This paper, first published in 2019 and subsequently revised, introduces an innovative…

Ant Group, the Chinese giant behind the world’s largest mobile payment platform, Alipay, has expanded the registered capital of its two blockchain subsidiaries to 3.6 billion yuan. The move was first reported by Chinese ‘crypto’ news outlet ODaily, but the company has since confirmed it to other media platforms. Ant Blockchain Technology (Shanghai) Co. has amended its registration documents with Chinese authorities to indicate that its registered capital now stands at 1.5 billion yuan ($206.5 million), up from its previous 100 million yuan. Ant Group says the move is all part of its efforts to respond to business needs. “Due…

Notcoin (NOT), the play-to-earn token integrated into the Open Network (TON) ecosystem, has made significant waves in the market, becoming the top performer on Thursday. With a surge of over 30% within the past 24 hours, Notcoin has secured the 82nd spot among the largest 100 cryptocurrencies, boasting a market capitalization of $1.25 billion. Notcoin Attracts Millions With Tap-To-Earn Gameplay Launched in 2023 by Open Builders, a team focused on developing social games, Notcoin gained popularity shortly after its release. The game’s gameplay, combined with the strategic use of Telegram’s vast user base, attracted millions of users. Players engage in…

Aurora has unveiled the TPRO Chain, its latest virtual chain designed specifically for the Tpro.Network. This new addition promises to enhance the capabilities of Tpro.Network, a platform developed by Tokenomia for AI-driven economic simulations and analysis. By integrating with Aurora, TPRO Chain aims to revolutionize the way secure and transparent transactions are handled, providing a more robust infrastructure for tokenomics design and decision-making in Web3 economies. TPRO Chain will leverage Aurora’s advanced virtual blockchain network to offer enhanced scalability, security, and efficiency. This strategic integration is expected to facilitate seamless transactions, reduce operational costs, and support the demanding needs of…

Thursday’s U.S. CPI updated is expected to offer evidence of continued progress on the inflation front, boosting the Fed rate cut probability. Increased prospects of Fed rate cuts could bode well for BTC’s recovery. BTC bulls should watch out for a potential “steepening” of the Treasury yield curve. With the supply overhang from Germany’s Saxony state nearly cleared, Thursday’s release of the U.S. consumer price index (CPI) report will be pivotal in determining the bitcoin (BTC) market’s trajectory. The data due at 12:30 UTC (8:30 ET) is expected to show the cost of living in the world’s largest economy rose…

The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. Staking Staking is a fundamental yield generation strategy in DeFi. It involves locking a blockchain’s native tokens to secure the network and validate transactions, earning rewards in transaction fees and additional token emissions. The rewards from staking fluctuate with network activity—the higher the transaction volume, the greater the rewards. However, stakers must be mindful of risks such as token devaluation and network-specific vulnerabilities. Staking, while generally stable, requires a thorough understanding of the underlying blockchain’s dynamics and potential risks. For example, some protocols, like Cosmos, require a…

Morgan Creek plans to raise up to $500 million for a new web3 fund. The firm is looking to expand its footprint in Europe, the Middle East and Africa, and in Asia-Pacific. Morgan Creek Digital plans to raise up to $500 million for a new fund targeting early stage opportunities in artificial intelligence (AI), blockchain technologies, chips and data, the company said in a press release on Friday. The firm is talking to sovereign and institutional investors, corporate officers, and industry subject matter experts in Europe, the Middle East and Africa (EMEA) and in Asia-Pacific (APC) as it looks to…

A recent spree of meme coins launched by celebrities on Solana sparked a discussion in the crypto community on spreading crypto awareness among the mainstream, as all the efforts this week showed insider trading signs. As reported by Crypto Briefing, the on-chain data tracker Bubblemaps identified “huge insider activity” on the token Mother Iggy (MOTHER), as an address accumulated the token before Australian rapper Iggy Azalea promoted the meme coin via her X profile. The insider amassed a $2 million profit. The same happened with the token JENNER, promoted by former athlete Caitlyn Jenner, who started this celebrity-tied token movement.…

Weeks after President Joe Biden vetoed a bill passed by both chambers of Congress that would finally allow American banks to hold crypto assets, the legislation is back on Capitol Hill—where lawmakers hope to pass it once again, this time with a veto-proof supermajority. If both the House and the Senate were to pass the bill—a repeal of the Staff Accounting Bulletin No. 121 (aka SAB 121) rule of the U.S. Securities and Exchange Commission (SEC)—the achievement would have massive implications for the U.S. banking industry. It would also send an unmistakable message to the White House that America’s fractured…

Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in 2022. The firm’s total income for the period stood at €111.0 million, compared to €249.5 million in the previous year. The company’s adjusted EBITDA stood at negative -€5.5 million, aligning with market expectations, following substantial investments in HPC applications and infrastructure. Northern Data said it expects revenue to grow 3x in 2024 to €200 million and €240 million. It further projected another 2x growth to €520 million to €570 million in 2025. The group also described plans to invest €140…