Author: NBTC

Hoth Therapeutics, a publicly-traded biopharmaceutical company, has adopted Bitcoin (BTC) as a treasury asset. The clinical-stage biopharmaceutical company announced on Nov. 20 that its board of directors had approved adding BTC to its balance sheet. In the first step of this significant move, Hoth Therapeutics will buy up to $1 million in Bitcoin, according to details in a press release. Big move as Hoth buys Bitcoin Hoth points to Bitcoin’s traction as an investment asset, global adoption and rising institutional purchase as key to its decision. Bitcoin ETFs and options approval, increased ETF inflows and assets as well as plans…

ACT I has set up a $1 million innovation fund to support AI meme projects. The fund will connect decentralized AI concepts with practical applications, using the power of memes to drive innovations in the tech space. Dolos AI became the first beneficiary of the funds after receiving a $50,000 grant. The launch of this meme fund further proves that ACT I is focused on growth, as it follows its recent listing by Binance Spot early last month. The listing in Binance Spot was significant because it made the project the first meme coin from the pump.fun platform to make…

As SEC Chairman Gary Gensler prepares to step down on January 20, Ripple executives have voiced strong criticism of his approach to crypto regulation and the ongoing litigation between Ripple and the SEC. Ripple Chief Legal Officer Stuart Alderoty criticized the SEC’s decision not to delay the deadline to file an opening brief in the appeal of the company’s recent legal victory. Alderoty said in a statement: “On January 20th, Gensler’s SEC war on crypto comes to an end. We asked the SEC to agree to delay the filing of the opening brief in the appeal of our victory (current…

As a significant milestone towards Web3 progression, REI Network has declared a collaboration with ChainAware.ai. It is a perfect synergy of REI’s zero-fee, high-performance blockchain, and ChainAware’s AI-driven Web3 marketing and fraud detection platforms to offer the best security, scalability, and individual approach on the market. Excited to announce a partnership between REI Network and @ChainAware!By combining REI’s zero-fee, high-performance blockchain with ChainAware’s AI-driven Web3 marketing & fraud detection agents, we’re setting new standards for secure, personalized, & scalable blockchain… pic.twitter.com/0ajULz3tA4 — REI Network｜From #GXChain! (@GXChainGlobal) January 16, 2025 The REI Network, developed as a lightweight and EVM-compliant platform, targets…

A gamma squeeze, a high-stakes event in options trading, has the potential to catapult bitcoin (BTC) prices beyond the six-figure mark, reshaping the crypto market landscape. Understanding Call Options in the Bitcoin Market and the Gamma Squeeze To understand a gamma squeeze, it’s key to first grasp the basics of options trading. Options are financial tools that grant traders the right—but not the obligation—to buy (call options) or sell (put options) an asset at a set price before a specified date. In the world of bitcoin (BTC), options trading lets investors bet on BTC’s future price or safeguard their current…

Cardano founder Charles Hoskinson says the blockchain is evolving into a multi-chain, multi-actor network. The upcoming Midnight upgrade will enable Real World Assets (RWAs) by integrating private smart contracts on the Cardano network. RWA and Cardano https://t.co/FWhhMyjcj4 — Charles Hoskinson (@IOHK_Charles) November 26, 2024 Cardano-Wrapped Bitcoin: A New Layer of Blockchain Integration In a recent video, Hoskinson detailed plans to use Bitcoin as a control layer for Cardano’s smart contracts and assets. Under this scheme, users would send Bitcoin to Cardano, which would then generate Cardano-wrapped Bitcoin. This feature is currently under development and showcases Cardano’s push for deeper blockchain…

U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam officially announced that he will step down from his position as Chairman of the CFTC on January 20, 2025. Behnam, who has served over seven years at the helm of the agency, revealed that his final day at the Commission will be February 7, 2025. This marks the conclusion of an era at the CFTC, which has seen significant regulatory changes under his leadership. Rostin Behnam’s career at the CFTC spans over a transformative period in U.S. financial markets. Starting in 2017 as a commissioner, Behnam quickly became a key figure…

Ice Open Network, an Inclusive blockchain ecosystem, has announced the integration of its ION Blockchain into SafeFolio Wallet, an advanced non-custodial wallet. The integration permits SafeFolio Wallet to enjoy an unparalleled access to Ice Open Network’s technology, enabling a seamless and secure management of digital assets. The platform revealed this development on its official social media account. Another step forward for #IceOpenNetwork! 🚀@SafeFolio is integrating the ION Blockchain, expanding its ecosystem with seamless access to ION’s technology. Their next-generation decentralized wallet is designed to offer secure and user-friendly digital asset management.👉… pic.twitter.com/fjy875L8bk — Ice Open Network (@ice_blockchain) January 16, 2025…

The recent launch of Bitcoin ETF options has spurred whale activity, pushing BTC to a new all-time high. Bitcoin surged past $94,000 on Tuesday, achieving an all-time high as BlackRock launched new Bitcoin exchange-traded fund (ETF) options. The development has reignited interest in crypto markets, with analysts pointing to the ETF’s success as a catalyst for further price increases. Additionally, Grayscale Investments has also revealed plans to introduce options trading on its spot Bitcoin ETFs, set to launch on Wednesday. Bitcoin Whale Activities Amid Options ETF Amid these institutional activities and the surge in BTC’s value, on-chain insights platform Spot…

On Tuesday, the U.S. Securities and Exchange Commission (SEC), led by Gary Gensler, filed a lawsuit against tech billionaire Elon Musk. The regulatory agency accused Musk of failing to disclose his large stake in Twitter earlier. According to an SEC rule, investors must declare ownership above 5% within 10 calendar days. In Musk’s case, the SEC said he disclosed a 9.2% stake in Twitter on April 4, 2022, instead of March 24, 2022. Musk eventually purchased Twitter for $44 billion in October 2022 and renamed it X. In its lawsuit, the SEC sought to force Musk to pay a civil…