Author: NBTC

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…

Wave and CAI | CharacterX have joined hands towards providing a new era to the blockchain and AI sectors. This partnership relies on the two companies’ knowledge to create the best user experiences with improved technology and integrated artificial intelligence. Wave x CAI | CharacterX ⚡️We’re excited to reveal our partnership with @WaveOnSui !Wave is transforming the Web3 landscape by building a dynamic, user-centric ecosystem on the Sui blockchain. Their platform is designed for seamless integration, enabling users to interact with… pic.twitter.com/DK36mHpEVP — 🔥 CAI | CharacterX – Ignite AI Agents in Web3 (@CharacterXAI) January 16, 2025 Wave: Introducing Blockchain…

With MicroStrategy’s market cap sitting at over $100 billion this morning and a new round of debt being announced almost daily to acquire more bitcoin, many fans have overlooked a critical change inside the company. For years, Bitcoiners have assumed that CEO Michael Saylor had voting control of the firm. He has now lost that control. Throughout most of the corporation’s history, a dual share structure separated equity ownership and voting rights. As recently as October 21, Saylor, as executive chairman, held 51.7% of the total voting power of MicroStrategy’s common stock outstanding. Specifically, Saylor’s overwhelming control of Class B…

The co-founder of Metamask, Dan Finlay, launched a new token named Consent on Solana and Base, which focuses on user consent and autonomy. The Consent ($CONSENT) token was conceptualized by Finlay on Clanker on Farcaster to promote user consent in the age of Artificial Intelligence. The token falls under memecoins and addresses the right to intellectual property and “consent to share and train AI”. Finlay describes the token as an “ambiguous consent” framework in the blockchain and Web 3 ecosystem. Although the Consent token is available in both Solana and Base, users are trading the token on Solana more than…

Prime Minister of Malaysia, Anwar Ibrahim, says he wants to explore policies for crypto and blockchain technology after his meeting with Binance co-founder CZ and the Abu Dhabi government. According to a report by media outlet New Straits Times, Ibrahim returned to Malaysia after a three-day visit to Abu Dhabi with plans to start developing policies related to cryptocurrency and blockchain technology so that the nation does not get left behind. Speaking to reporters, the Prime Minister said he had lengthy conversations with the Abu Dhabi government and the former Binance CEO Changpeng “CZ” Zhao about crypto and blockchain technology.…