PRESS RELEASE. Nova Chain continues to make significant strides in the blockchain and digital content creation landscape. Our recent developments highlight our commitment to innovation and growth, particularly in AI integration, regional expansion, and forging strategic partnerships. AI On-Chain: Leading the Way Nova Chain is at the forefront of integrating AI on-chain, enhancing the efficiency […]
Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050
Asset management firm Vaneck released a report projecting bitcoin could reach $ 2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding 2.5% of their assets in BTC. Scalability …
Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts
Bitcoin (BTC) is poised for substantial price increases in the coming years, according to a recent survey by Finder. The survey, conducted in July 2024, gathered insights from 32 crypto industry specialists, predicting that bitcoin could reach $ 87,169 by the end of 2024 and surge to $ 383,514 by 2030. Crypto Specialists …
US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains
U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $ 21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $ 19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading the Pack The 11 spot …
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $ 584 million, suggesting a cautious outlook on the prospects of interest rate cuts this …