Author: NBTC
Kazakhstan has considered investing its national funds, such as gold and foreign exchange reserves, in crypto assets. Timur Suleimenov, the governor of the country’s Central Bank, confirmed the possibility to local media at a press conference on Monday. According to Süleimenov, Kazakhstan is currently reviewing investments made by national funds in Norway, the US, and the Middle East in cryptocurrencies or in company stocks and ETFs related to this sector. “Our gold and foreign exchange reserves, as well as the National Fund, have alternative portfolios. We are using aggressive strategies to generate higher investment returns,” Süleimenov said, adding that direct…
The cryptocurrency market has been on a quiet streak for the past few days, following a rally last week that took Bitcoin above $110,000. There will also be many economic developments and altcoin events in the new week. You can follow these in our special weekly calendar. In addition, there will also be large amounts of token unlocks in many altcoins next week. Here is the token unlock calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) NAVI Protocol (NAVX) Date: July 7, 2025, 03:00 Amount to Unlock: $1.24 million (5.30%…
The Bitcoin Historian account (@pete_rizzo_) has shared a screenshot of a tweet published by prominent trader James Wynn. This high-risk leverage trader is currently holding a long Bitcoin position worth $809 million. “I ain’t selling,” trader says In his tweet, Wynn stressed that he does not intend to sell and intends to buy more: “I ain’t selling. I’m buying into them. Position value now $809m.” So far, he stressed, the situation on the market is unraveling in the way he was expecting it to. BREAKING: TRADER WITH $800 MILLION #BITCOIN LONG SAYS “HE’S NOT SELLING, HE’S BUYING”ABSOLUTE MADMAN. HIGHER 🚀…
The price of Bitcoin miner BitMine Immersion Technologies jumped on Monday after the NYSE-listed company, which in late June announced a private placement to add to its Ethereum treasury, surpassed $500 million in ETH holdings through its latest purchases of the asset. But by the end of the day, most of the gains had evaporated. BitMine (BMNR) stock spiked to a daily peak of $59.00—a 45% surge over the Friday closing price of $40.62. But by the end of a highly volatile day, the stock price had fallen to $41.02, barely 1% up on the day. And the falling price…
The Shiba Inu burn rate surged an astonishing 10,786%, with over 9.5 million SHIB tokens permanently removed from circulation, according to data from Shibburn. The SHIB burn mechanism is a key deflationary strategy aimed at reducing the circulating supply in hopes of driving up demand and, ultimately, the token’s market value. Despite the recent spike in burn activity, SHIB has yet to display any significant price movement over the past week. Data from IntoTheBlock reveals that a staggering 88% of SHIB holders are currently “Out of the Money,” meaning they are holding their tokens at a loss. SHIB price shows…
Not even a “MechaHitler” meltdown was enough to scare off the Pentagon, apparently. Just days after xAI’s Grok chatbot generated a stream of antisemitic and homophobic responses, Elon Musk’s company announced that it secured a $200 million defense contract to develop and supply AI tools to federal workers. The Department of Defense’s Chief Digital and Artificial Intelligence Office announced the contract on Monday, saying it is designed to help the government tap into the latest AI tools for everything from battlefield operations to business needs. “The adoption of AI is transforming the Department’s ability to support our warfighters and maintain…
PENGU surged in attention after being listed on eToro, bringing greater exposure to its growing ecosystem. The listing increases PENGU’s credibility, reaching broader exposure through a regulated and widely-used platform. The price of the PENGU token skyrocketed by around 10% in just a short time after it was officially listed on eToro. This move seems to be a new trigger that paves the way for Pudgy Penguins—the Web3 project behind the token—to reach more investors from various circles, including those who were previously more familiar with traditional markets. For those who are not familiar with it, eToro is known as…
Bitcoin (BTC) has been consistently hitting new all-time highs (ATH) recently. Coinciding with this surge, Bitcoin mining difficulty has also reached a record high, reflecting the network’s development. Overall, the combination of BTC’s ATH, elevated mining difficulty, and Long-Term Holders (LTH) behavior paints an optimistic picture, though risks remain. ATH Price, ATH Mining Difficulty According to data from Blockchain.com, Bitcoin mining difficulty has increased by 7.96%, reaching 126.27 T, with a seven-day average network hashrate of 908.82 EH/s. This figure shows the growing computational power of miners, especially as Bitcoin‘s price recently touched $122,000. If this trend persists, it could…
Ripple and Circle are now applying for national trust bank charters, a sign that the crypto industry is moving closer to the heart of traditional finance. This move also comes at a time when regulatory pressure on crypto has started to ease under President Donald Trump’s administration. In March, just when Donald Trump’s presidency was still fresh, the Office of the Comptroller of the Currency (OCC) softened its stance on how banks can interact with the cryptocurrency industry. They issued a letter clarifying that national banks and federal savings associations are allowed to engage in certain crypto-related activities. As Crypto…
Ramo helped transfer Dr. Fielding’s 5PB astrophysics simulation data into Filecoin’s decentralized storage network. Filecoin ensures long-term, immutable storage for massive scientific data beyond institutional storage limitations. If one video frame is usually only a few megabytes, imagine the work of Dr. Drummond Fielding from Cornell University: one frame of his 3D simulation reaches 80 terabytes. That’s just one image. In one full run, the total data can exceed 5 petabytes. Crazy, right? And clearly, the usual campus storage system is not designed to accommodate such a large load. Especially when talking about long-term storage. The risk of data being…