Author: NBTC
Bitcoin (BTC) corporate adoption continues to gain momentum as video-sharing and cloud services platform Rumble recently unveiled a BTC treasury strategy. This move aligns with a growing trend of corporations worldwide embracing Bitcoin as a strategic asset. Rumble Announces Bitcoin Treasury Strategy, Stock Rises The YouTube competitor is the latest company to join the Bitcoin bandwagon, as its Board of Directors approved a corporate treasury diversification strategy that allocates a portion of its excess cash reserves to BTC. As part of this strategy, Rumble plans to purchase up to $20 million worth of BTC. The company described Bitcoin as a…
Anthony Scaramucci, the founder of SkyBridge Capital and former White House Communications Director, continues to be a prominent advocate for cryptocurrencies. With over 50% of his net worth allocated to Bitcoin (BTC), Scaramucci remains steadfast in his bullish outlook on the leading cryptocurrency. Early last year, he predicted that Bitcoin was on track to surpass $100,000 in 2024, fueled by strong demand for Bitcoin exchange-traded funds (ETFs). Scaramucci further forecasted that pro-crypto policies under the incoming Trump administration could propel Bitcoin to double its value again by 2025. As reported by the Wall Street Journal, these bold predictionsfurther cement his…
Coinbase further signaled its acceptance of meme coins on Wednesday, announcing its intentions to support trading for Gigachad (GIGA) and Turbo (TURBO) by adding the tokens to its listing roadmap. GIGA and TURBO tokens both saw swift upward price movements, jumping 37% and 15% respectively in the hour after the announcement from the Coinbase Assets account on X (formerly known as Twitter). Though announced together, the tokens come with distinct backstories and communities from two separate blockchains. Assets added to the roadmap today: Gigachad (GIGA) and Turbo (TURBO)https://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️ (@CoinbaseAssets) December 4, 2024 Gigachad, based on the…
Binance, the world’s largest cryptocurrency exchange, has announced significant updates to its token categorization process, expanding the Tracking Tag to new tokens, removing others, and updating Seed Tags for several assets. Binance Updates Tracking and Seed Tags for Select Tokens on January 2, 2025 These changes will come into effect on January 2, 2025, following the platform’s final project review. Tokens Added to Tracking Tag The following tokens will now carry a Watch Label indicating higher volatility and associated risks: StormX (STMX) TROY (TROY) Tokens Extracted from Tracking Tag The following tokens have demonstrated improved stability and performance and will…
DAOStarter, a prominent decentralized Launchpad, has announced the release of GPTWars. The launch of the Sei Network-based AI-led blockchain gaming forum GPTWars denotes a resilient move to revolutionize the Initial DEX Offering realm. The platform took to social media to disclose this development. 🚀 Launch Partners 🚀 🎮 @GPTWars , incubated by @trycarbonio , IDO is coming on @DaoStarter . The initial IDO on DAOStarter will be at 6:00AM UTC, 03, Jan, 2024, and more tier-1 launchpad partners covering @apeterminal ,@MagicSquareio , PaidNetwork, @enjinstarter , etc are on… pic.twitter.com/xyUyQDADO0 — DaoStarter (@DaoStarter) January 2, 2025 DAOStarter Releases Cutting-Edge Blockchain Gaming…
Bitcoin dropped $5,000 on Nov. 25, hitting a $92,600 low; $92K support now critical for market stability. Over $525M in crypto positions were liquidated, with elevated leverage increasing volatility risks. Recovery depends on Bitcoin holding $92.5K, with a potential rebound towards $100K if funding rates remain stable. Bitcoin price dropped sharply on November 25, losing $5,000 in a single day and sparking significant market volatility. The cryptocurrency briefly hit a local low of $92,600 on Bitstamp before modestly rebounding. However, traders remain concerned about the potential for further declines if the $92K support level fails to hold. Nothing about this…
Richmond Fed President Thomas Barkin struck an optimistic tone today, predicting a positive economic outlook for the United States through 2025 and indicating that growth is more likely to have upside potential despite ongoing uncertainties regarding the policies of the new Trump administration. Speaking at the Maryland Bankers Association, Barkin said the resilience of the labor market and consumer spending were key drivers of his optimism. “How the economic policy uncertainty resolves will be important. But I expect growth to be more bullish than bearish, given what we know today,” he said. However, he cautioned that stronger hiring could pose…
IOTA co-founder has hinted that the implementation of the Rebased Protocol could be a gateway for exchange-traded funds or exchange-traded products. IOTA has also released the first batch of validators who will be joining the Rebased test network. CNF recently reported the start of the Rebased Protocol’s voting process, during which the IOTA (IOTA) community would decide on this significant shift. Today, IOTA co-founder Dominik Schiener has disclosed that a potential approval could pave the way for a massive ecosystem transformation, including potential exchange-traded products (ETP) and exchange-traded funds (ETF). Additionally, Schiener highlighted that the IOTA staking would accelerate institution…
The Stellar Network and Fonbnk have partnered to provide prepaid SIM users in Africa with access to the global digital economy. This collaboration allows users to convert airtime credits into USDC stablecoins through the Stellar blockchain. 350 million people in Africa don’t have access to bank accounts, and only 20% of families have formal bank accounts.@fonbnk1 provides a real-world solution to this problem by turning 8 billion active prepaid SIM cards globally into virtual debit cards with Stellar.Here’s how… — Stellar (@StellarOrg) December 30, 2024 This initiative leverages the widespread use of prepaid mobile SIM cards in Africa to provide…
BitTorrent has recently launched the new BTFS v3.2.0 mainnet. The BitTorrent File System (BTFS) offers decentralized file storage and proves sharing can be achieved efficiently on different platforms. As a product of BitTorrent, this new protocol is introducing substantial updates for increased usability and improved performance. These developments strengthen the status of BTFS as one of the pioneer platforms of the decentralized storage market. 📢BTFS Protocol v3.2.0 Mainnet Is Now Live!🌐Official Website: https://t.co/WWRzm6ww6g🔍Learn More: https://t.co/ooyoLJ8zA2 pic.twitter.com/Vqrged0T6t — BitTorrent (@BitTorrent) January 2, 2025 Key Features in BTFS Protocol v3.2.0 The latest update brings a range of innovative features designed to optimize…