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VanEck advisor Gabor Gurbacs does not expect the launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) to impact Bitcoin price much. In a post to X, financial guru Gabor Gurbacs noted that while the launch of a spot Bitcoin ETF will not greatly impact the price of BTC, it will significantly impact capital flows into the cryptocurrency sector. Bitcoin ETFs are widely expected to bring in trillions of dollars over the long term, but Gurbacs believes they will not move the needle that much in the short-term. In my view, people tend to overestimate the initial impact of U.S. Bitcoin ETFs. I think maybe a few $100mm flows (mostly recycled) money. Long term, people tend to underestimate the impact of spot Bitcoin ETFs. If history is any guide, gold is worth studying as a parallel. https://t.co/6vvkA9aC09 — Gabor Gurbacs (@gaborgurbacs) December 31, 2023 “Bitcoin is forcing its own capital markets systems and products well beyond the ETF, and that’s not price...

Unlocking Financial Accessibility and Privacy In the ever-evolving finance landscape, cryptocurrencies have undeniably altered the global financial ecosystem. Blockchain technology and decentralised finance (DeFi) have introduced revolutionary paradigms in how we interact with money, investments, and transactions. While the crypto market has grown exponentially, reaching a valuation of approximately $2.5 trillion by early 2023, it still grapples with a divide between the digital realm and the traditional fiat currency world. However, Retik Finance , a pioneering platform, has set its sights on closing this gap with its innovative DeFi Debit Cards, aiming to make financial accessibility and privacy a reality for everyone. Bridging the Gap Between Crypto and Fiat #RetikFinance is positioning itself as a game-changer in the decentralized finance (#DeFi) industry Its mission is to bridge the gap between traditional finance and the world of cryptocurrencies, offering ...

The holiday season is fastly coming to a close, with 2024 just on the horizon. Moreover, the incredible business of the season makes last-minute shopping a necessity for so many family gatherings. Subsunqlety, if you need some home improvement help, we can answer if Lowe’s is open on New Year’s Day Lowe’s is a popular option when it comes to needing tools, gardening supplies, or home improvement items. Additionally, with more than 1,700 locations across the United States, it is also one of the more accessible for Americans. That said, let’s see if it will be available on the first day of the new year. Also Read: Does Lowes Take Apple Pay? Is Lowe’s Open and Operating Regularly on New Year’s Day? Source: Southern Living In just a matter of days, the world will celebrate the end of 2023, and the fresh start of a new year. That jubilation will see millions of families gather together to cheer on the turning calendar, and a fresh 365 days ahea...

The Ethereum (ETH) blockchain needs to revive the “ cypherpunk ” revolution envisioned for the network in its early days. The co-founder of the second largest cryptocurrency by capitalization, Vitalik Buterin, published a new post on his blog entitled “Make Ethereum Cypherpunk Again” that lists several ways to improve the network. According to Buterin, Ethereum was originally intended to be a “public decentralized, shared hard drive” that could use peer-to-peer messaging and file storage. However, this vision began to fade in 2017 with the turn towards the “financialization” of the protocol, Buterin states. Decentralization, open participation, resistance to censorship, and trustworthy neutrality are among the “ cypherpunk ” ideals Buterin wants to see in the future of Ethereum. He emphasized that rollups, zero-knowledge proofs, account abstraction, and second-generation privacy solutions that have become more common on the...

EMURGO, a founding entity of the Cardano blockchain, reflects on 2023 and looks forward to 2024. Cardano laid the groundwork for community governance through the CIP 1694 mechanism and established the member-based organization Intersect. Cardano’s 2024 plans include constitution workshops, conventions, voting events, and continued progress from Intersect, aiming for full community governance. As 2023 draws to a close, EMURGO, a founding entity of the Cardano blockchain, reflects on the strides made by the chain and eagerly anticipates what 2024 has in store. 2023 has been a great year for build and development in Cardano and there is so much more to look forward to in the Cardano ecosystem in 2024. Cardano embraced and laid the foundation for sustainable community governance through #CIP1694 and the launch of Cardano’s member-based… pic.twitter.com/oSUacwMP1O — EMURGO (@emurgo_io) December 27, 2023 EMURGO mentioned that Cardano laid the foundation ...

In an exclusive interview with Finbold, Cecilia Hsueh, the CEO of Morph, a consumer-centric blockchain layer two platform, explored the expected transformation of consumer-focused blockchain. She discussed several factors with the aim of making blockchain technology more accessible, ultimately aspiring to turn it into a daily utility for the broader population. In the context of this discussion, the co-founder shared the difficulties encountered by many layer two projects, often contending with low levels of activity. Acknowledging the expanding nature of blockchain technology, Hsueh also highlighted specific sectors experiencing increased investments. She emphasized the untapped potential of segments like non-fungible tokens (NFTs). Furthermore, she provided insights into the potential outlook of blockchain technology in the next five years and identified the entities likely to be impacted by its advancements. Finally, amidst speculation regarding the approval of a spot Bitcoin exc...

Michael Saylor’s MicroStrategy now holds some 189,150 Bitcoin worth over $8 billion as of Dec. 27. MicroStrategy bought an additional 14,620 Bitcoin (BTC) at an average price of $42,110 per coin, according to Michael Saylor, who founded the company back in 1989. Saylor’s firm spent $615.7 million acquiring its latest BTC purchase.  MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per #bitcoin. As of 12/26/23, @MicroStrategy now hodls 189,150 $BTC acquired for ~$5.9 billion at an average price of $31,168 per bitcoin. $MSTR https://t.co/PKfYY59sTW — Michael Saylor️ (@saylor) December 27, 2023 The company started buying BTC in 2020 following a global pandemic as Saylor sought to mitigate what he called “the eroding threat of inflation”. MicroStrategy has injected roughly $5.9 billion into Bitcoin since then. Saylor’s investment strategy means the company has made around $2 billion in profits on its BTC portfolio...

Crypto exchange Binance is returning trading pairs with USDC just a year after removing it to concentrate stablecoin liquidity. Cryptocurrency exchange Binance announced in a press release on Dec. 27 that it is reintroducing a few trading pairs with Circle‘s USDC stablecoin. According to the announcement, the exchange will open trading for the ADA/USDC, ARB/USDC, AVAX/USDC, DOT/USDC, INJ/USDC, MATIC/USDC, OP/USDC, ORDI/USDC, SOL/USDC and XRP/USDC spot trading pairs at 08:00 UTC, Dec. 28. Binance did not elaborate on the reason behind the move. The return of USDC comes just a year after Binance removed a basket of stablecoins, including Paxos Dollar (USDP) and TrueUSD (TUSD), automatically converting deposits in these assets to its stablecoin, Binance USD (BUSD). You might also like: Circle denies allegations of illicit financial activities At the time, a spokesperson for Binance said the move was made in an effort to concentrate stablecoin liquidity. While th...

Binance has introduced Sleepless AI as the 42nd project on its Launchpool.  Sleepless AI is a web3 and AI-integrated gaming platform offering a new interactive gaming experience. The platform allows users to engage with AI-based Features in a game setting. The platform will go live tomorrow, enabling users to stake BNB, FDUSD, and TUSD to earn AI tokens over a seven-day period. The AI tokens will be tradable on Binance starting Jan. 4, with several trading pairs available, including AI/BTC and AI/USDT. Introducing @SleeplessAI_Lab $AI on #Binance Launchpool. Farm $AI by Staking #BNB, $FDUSD and $TUSD. https://t.co/Fky2xADvGd pic.twitter.com/pG9qW8PpYS — Binance (@binance) December 26, 2023 You might also like: FTX saga: what happened to FTX and Sam Bankman-Fried in 2023 The total supply of AI tokens is set at a billion, with 70 million designated for Launchpool rewards. The distribution is part of Binance’s strategy to encourage participation in t...

American billionaire Mark Cuban has moved to Coinbase over $2.5 million worth of MATIC he received from Polygon in 2021. Billionaire and Shark Tank star Mark Cuban has transferred nearly 3 million MATIC worth more than $2.5 million he originally received from the Polygon Ecosystem Growth initiative to crypto exchange Coinbase, according to data from blockchain monitoring platform Spot On Chain. American billionaire Mark Cuban (@mcuban) unstaked and deposited 2.82M $MATIC ($2.56M, price: $0.91) to #Coinbase ~6hrs ago. Notably, he received 2.5M $MATIC (then $4.25M) from the #Polygon Ecosystem Growth on May 24, 2021, and then staked them to earn more $MATIC. More… pic.twitter.com/vwQiJZkN3O — Spot On Chain (@spotonchain) December 26, 2023 You might also like: Polygon investors shift focus to new crypto token While the purpose of the transfer remains unclear, Cuban’s investment valued the assets at $4.25 million in May 2021. If sold at the current market pric...

In the latest craze of inscriptions, OKX Wallet is undoubtedly one of the earliest and most profitable movers. The two heads of OKX Wallet detailed in a podcast the reasons for their early success, their personal experiences, and their perspectives on the future development of the Bitcoin ecosystem. Kyle’s Twitter: https://twitter.com/szchen429 Jason’s Twitter: https://twitter.com/jasonwangbtc How did the two of you join the crypto industry? Kyle : I currently serve as the main person in charge of the Web3 Marketplace and Discover, two products at OKX. My journey in cryptocurrencies began in college, about eight years ago. During this time, I actively participated in investments and research in areas like DeFi and NFTs and experienced the shifts of two bull and bear markets, making me a devoted believer in Crypto. I started mining in college, using computer graphics cards to mine digital currencies like ETH and participated in deep trading at some of the major domestic exchanges. In Ju...

Seasoned trader Peter Brandt says he’s no longer expecting the leading altcoin Ethereum (ETH) go on a big move to the downside. Last week, Brandt told his 707,300 followers on the social media platform X that he was shorting Ethereum, predicting that ETH could tumble to as low as $650. In an update, the veteran trader says that circumstances have changed and he’s no longer bearish on the top altcoin as ETH has managed to move above the resistance of an ascending triangle pattern. “Strong opinions, weakly held. When circumstances change, my opinion changes. My recent appraisal of ETH called for an immediate price collapse – that has not happened. I have withdrawn my bearish outlook based on chart structure.”  Source: Peter Brandt/X At time of writing, Ethereum is trading for $2,316, still above the pattern’s resistance. Looking at Ethereum rival Solana (SOL), the seasoned analyst says that while the altcoin has already met his upsi...

Following Bitcoin’s (BTC) resurgence, surging past the $40,000 mark as the year concludes, the overall market sentiment is notably optimistic about the asset’s potential for further gains in the coming year. A variety of catalysts underpins this positive outlook. Despite this lingering optimism, a pivotal question looms: what heights can the maiden cryptocurrency reach in the new year? Numerous experts have stepped forward to provide their insights on how Bitcoin is likely to perform in 2024. Recognizing this, Finbold has compiled the perspectives of various experts on Bitcoin’s projected price for 2024. 2024 will be big for Bitcoin In an X (formerly Twitter) post, crypto analyst Stockmoney Lizards forecasted that 2024 is poised to be a pivotal year for Bitcoin, with notable catalysts driving the potential for substantial growth. While acknowledging the possibility of a spike in acceptance with the introduction of a spot Bitcoin exchange-traded fund (ETF), ...

Ripple executive Chris Larsen has made a $250,000 donation to a series of proposals put forward by San Francisco Mayor London Breed that could see police handed more power when it comes to the US e of surveillance technology, drones, and in s US pect pursuits. According to the San Francisco Standard (SFS), Larsen is currently the top donor, handing over $350,000 to ballot measure campaigns sponsored by Breed in the run-up to next year’s election.  These ballot measures are potential policies that are proposed by competing candidates and will be put to a public vote. Larsen gave $250,000 to a campaign committee advocating for a more relaxed approach to approving police requests for surveillance tech. This would reportedly allow the police to use drones and facial recognition technology freely for a year before it can be scrutinized by supervisors. Crypto firms set to blow last year’s lobbying spend out of the water Read more: Here’s what the biggest stablecoins sp...