The anticipation around Ripple’s planned stablecoin, Ripple USD (RLUSD), has generated significant buzz within the crypto community. Some analysts see the current price dip of XRP as a strategic buying opportunity. Speculators are closely watching the developments between Ripple and the SEC. Ripple is set to introduce its stablecoin, Ripple USD, in 2024, amidst ongoing
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India Blockchain Month 2024 Kicks Off Yesterday with 50+ Events Across 15 Cities
New Delhi, Delhi – 03/12/2024 — India Blockchain Month (INBM) 2024, the most extensive celebration of blockchain technology in India’s history, is underway! The INBM Delhi Conference, held yesterday at The Ashok Hotel, marked the beginning of this month-long event spanning 15 cities across India. INBM features over 50 events designed to empower individuals, businesses, and communities to harness the transformative power of blockchain. The INBM Delhi Conference kicked off with a dynamic panel discussion on “India’s Web3 Landscape – Opportunities and Challenges.” Moderated by Captain Ajay Ahlawat, COO of BlockOn Ventures, the panel featured insights from Ashwin Nandapurkar (EX-Fusion Inc.), Samarth Bhardwaj (Nextus Exchange), Thiruvengadam Pillai (Peerhive), Alekh Johari (Anemoi Solution), and Vedang Vatsa (Hashtag Web3). The discussion explored key trends, opportunities, and challenges facing the Indian blockchain ecosystem. In Picture, panel discussion on “India’s Web3 Landscape – Opportunities and Challenges.” Moderated by Captain Ajay Ahlawat, COO of BlockOn Ventures, the panel featured insights from Ashwin Nandapurkar (EX-Fusion Inc.), Samarth Bhardwaj (Nextus Exchange), Thiruvengadam Pillai (Peerhive), Alekh Johari (Anemoi Solution), and Vedang Vatsa (Hashtag Web3) Following the panel, Petr Liberland, President of Liberland, delivered an enriching keynote address on “Building a Country for the 21st Century,” sharing his vision for a nation built on blockchain principles. In Picture, Petr Liberland, President of Liberland, delivered an enriching keynote address on “Building a Country for the 21st Century” The afternoon session featured an insightful fireside chat on “Crypto Regulations and India” with Varun Sethi, Blockchain India Lawyer, and Avinash, CEO of Pi42, a leading derivatives platform in India. The discussion provided valuable perspectives on the evolving regulatory landscape and its impact on the Indian crypto industry. In Picture, fireside chat on “Crypto Regulations and India” with Varun Sethi, Blockchain India Lawyer, and Avinash, CEO of Pi42 INBM 2024 builds on the success of the previous India Blockchain Week events held in 2022 and 2023. These events, hosted by BlockOn, featured industry leaders like Vijay Shekhar Sharma (Paytm CEO), Manoj Tiwari (Member of Parliament), and Subhash Chandra Garg (former Finance Secretary), whose insights and expertise paved the way for INBM’s expansion. INBM 2024 is the world’s first blockchain month, a testament to India’s growing prominence in the global Web3 landscape. The event will bring blockchain education and innovation to all corners of India with a diverse range of conferences, hackathons, workshops, and networking sessions. INBM is collaborating with over 20 organizations across India to foster community building and local engagement. BlockOn has been curating exclusive Web3 experiences since 2017, hosting over 140 events with 65,000+ attendees and 2,300+ speakers. BlockOn’s initiatives include GLOBLA, Web3Preneur, Women.Web3Preneur, IOV2055, and Sanctuary. To date, BlockOn has partnered with over 200 organizations and collaborated with over 150 media partners, solidifying its position as a leader in the Web3 space. Key Sponsors and Partners INBM 2024 is supported by leading organizations in the blockchain space, including NuChain, Nextus, Ledger, and Pi42. Featured Events Across India INBM 2024 will host a diverse range of events across India. The Women.Web3Preneur – Delhi Edition and INBM Delhi Conference successfully concluded yesterday. Bangalore will host a series of events, including the Ledger 10-Year Anniversary Tour, The Bitcoin Breakout Party, Web3Preneur, I RWA, IOV2055 Symposium, and Women.Web3Preneur – Bengaluru Edition, as well as an I Hackathon. Goa will host a Web3Preneur event and I RWA. Kolkata and Mumbai will also have their own Web3Preneur events. Chandigarh will round out the Web3Preneur series. The I Hackathon series will make stops in Indore, Chennai, Bhubaneswar, and Pune. The INBM journey has just begun! With events planned throughout December, including flagship conferences in Delhi and Bangalore, the blockchain revolution is sweeping across 15 cities in India. Don’t miss your chance to be a part of this historic movement. Register now and shape the future of Web3 in India! Contact for sponsorship/partnership: Avni — Head of Events, BlockOn Avni@blockonventures.com +91 91 671 026 02 About BlockOn Blockon Ventures, is a pioneer in the blockchain and crypto events space since 2017 with a proven track record of organizing successful events such as India Blockchain Week, Malaysia Blockchain Week, and Thailand Blockchain Week. As a leading force in Asia’s dynamic Web3 landscape, Blockon Ventures has orchestrated over 125+ events in 10+ countries, bringing together a community of 70,000+ attendees, 2,500+ influential speakers, and backed by 700+ supportive sponsors and 125+ leading media outlets including Forbes, Entrepreneur, CNN, and Bloomberg. About Nuchain NuChain offers best-in-class Blockchain technology for Public and Private Enterprises including Governments and Corporations. We offer a developer-friendly, plug-and-play platform that enables Industry and the Governing bodies full exploitation of Blockchain’s enormous potential. About Web3Preneur Web3preneur, a BlockOn initiative, is redefining networking within the Web3 space. Born as a series of premium side-events alongside major conferences like Token2049 Singapore, ETH Dubai, and more, Web3preneur is known for its unique “stage-less, speaker-less, no-frills” format. This approach encourages meaningful conversations and genuine connections among a curated group of 100 industry leaders, investors, and entrepreneurs. Through our series of curated events, we bring together the brightest minds and most innovative projects in the decentralized world CoinOtag
Bitcoin Price Prediction: Charting The Roadmap Of BTC To $150,000 By 2025
Crypto analyst TradingShot had predicted before that the Bitcoin price could rally to as high as $150,000 in this bull run. With the flagship crypto now close to the $100,000 milestone, the analyst has charted Bitcoin’s current price action and provided insights into how the crypto could reach this $150,000 target by 2025. The Current Bitcoin Price Action And Road To $150,000 In a TradingView post , TradingShot stated that the Bitcoin price is now off the 0.786 to 1.0 Fibonacci range, where it consolidated from March 2024 until October 2024. The analyst noted how the breakout in October was largely thanks to the US presidential elections and the euphoria after Donald Trump won. TradingShot said that the Bitcoin price is only one month outside this range and is already much higher. He noted that last month’s candle was similar to November 2020 and May 2017. Coincidentally, those periods were when the “most aggressive rallies of those bull cycles started.” The crypto stated that the Bitcoin price was at a 71.5° angle between May and December 2017. In the 2021 cycle, Bitcoin was at a 68.5° angle (3° lower) between November 2020 and April 2021. If this happens to be a trend, TradingShot remarked that it is safe to assume that the 2024/2025 parabolic rally could be at a 65.5° angle (-3° from the previous cycle). In line with this, TradingShot said that this gives the Bitcoin price a potential target of $300,000 as early as May 2025 if the crypto records a double top cycle as in 2021. Meanwhile, the crypto analyst asserted that the $150,000 target is “very plausible” from a technical analysis perspective since it is just below the top of a multi-year channel he highlighted on the chart. BTC’s Next Move Still Unclear Amid this bullish prediction for the Bitcoin price, crypto analyst Kevin Capital has suggested that BTC’s move is still unclear. He stated that while Bitcoin has a lot of liquidity to the downside of about $88,000, the real bulk of liquidity is still around the $100,000 to $103,000 range. Based on this, the analyst stated that it is best to sit back and watch what comes next. Meanwhile, crypto analyst Mikybull Crypto has suggested that the Bitcoin price may experience a cooling-off period in the meantime. This came as he revealed that the sell signal has flashed on Bitcoin’s dominance for the first time since 2020. In line with this development, he stated that it is officially altcoin season . Blockchain center data shows that it is indeed altcoin season. In the last 90 days, 75% of the top 50 coins by market cap have outperformed the Bitcoin price. With this being altcoin season, Bitcoin could cool off while altcoins record parabolic rallies. At the time of writing, the Bitcoin price is trading at around $95,600, down in the last 24 hours, according to data from CoinMarketCap. CoinOtag