Author: NBTC

The Internal Revenue Service (IRS) will fire 15,000 employees next week, right in the middle of tax season, according to a report from AP. The mass termination is happening under Elon Musk’s Department of Government Efficiency (D.O.G.E.), a temporary agency created by executive order to cut federal jobs and slash government spending. The layoffs come after the Trump administration ordered all federal agencies to terminate probationary employees who haven’t secured civil service protection. It’s unclear if more IRS workers will be affected, but sources say the cuts are happening fast. IRS blocks tax season workers from taking buyouts The administration…

Bitgert, a prominent blockchain platform, has forged collaboration with Taτsu, a leading player in the world of decentralized AI. The partnership focuses on revolutionizing the interactions within the digital asset sector. The platform took to social media to announce this exclusive collaboration. Bitgert X Taτsu Partnership 🚀We’re excited to announce a strategic partnership with @TatsuEcosystem!Tatsu, a top 10 $TAO validator and member of the #Bittensor senate, continues to innovate within the network. They are also developing multiple subnets, with the Document… https://t.co/hPjtr6jBRr — Bitgert – $BRISE (@bitgertbrise) February 19, 2025 Bitgert Partners with Taτsu to Advance Interactions with Digital Assets…

As the US approaches its debt ceiling, analyst James Van Straten has suggested that January 20, 2025 (President-elect Donald Trump’s inauguration day) could be a significant bottom for Bitcoin in its current cycle. In a recent analysis, Van Straten highlighted Treasury Secretary Janet Yellen’s letter to congressional leaders warning that the U.S. could reach its debt limit between January 14 and 23, 2025. Yellen called on Congress to take immediate action to “preserve the full faith and credit of the United States,” noting that “extraordinary measures” may be needed to prevent a federal default. The looming debt ceiling has already…

Decentralized derivatives exchange SynFutures has introduced Synthia, an AI trading agent that allows traders to swap or transfer assets using natural language commands. SynFutures is the largest DEX on Coinbase’s layer-2 network Base with 24 hour volume hitting $220 million and liquidity at $768 million. The AI agent will be rolled out in three phases, the first of which will include integration on social media platform X and the ability to respond to basic commands like “swap 100 USDC for ETH.” The second phase will allow traders and developers to deploy AI agents to specific needs including futures trading and…

Recent data shows that AiXBT, the popular AI agent on X (formerly Twitter), has promoted 416 tokens to date, achieving a win rate of 48% and an average return of 19%. These figures shed light on AiXBT’s recent influence on the crypto market and its potential effectiveness in identifying profitable tokens. Yet, there are notable concerns about the AI agent’s legitimacy and accuracy. AiXBT Shows a Promising Track Record of Crypto Shilling The win rate indicates that 48% of the tokens promoted by AiXBT saw positive price movements following its mentions. This translates to almost half of its recommendations being…

FOX Business Journalist has provided clarity on recent speculations that the U.S. SEC now considers XRP a commodity due to its acknowledgment of multiple XRP ETF filings. Over the weekend, excitement swept the XRP community after the SEC recognized another XRP ETF filing. Specifically, the securities regulator recognized Cboe BZX Exchange’s application to list and trade shares of 21Shares XRP ETF. This recognition comes a day after the regulator acknowledged Grayscale’s XRP ETF application. Notably, the SEC cited comments from 21Shares, which referenced legal precedent from the SEC v. Ripple lawsuit to indicate that XRP is not a security under…

Accumulate Protocol, a blockchain-powered network for digital identity, has announced its strategic partnership with Bion, a pioneering crypto-powered platform for Web3 shopping. Both Fintech firms aim to evolve crypto-powered e-commerce. This collaboration strives to integrate a seamless digital asset into online shopping. Strategic Partnership Announcement: Accumulate Protocol x BionWe are pleased to announce a strategic partnership between Accumulate Protocol and @bion_app , a pioneering Web3 shopping and lifestyle app backed by TON Ventures.Bion is revolutionizing the e-commerce landscape by… pic.twitter.com/MoO2RvoViy — Accumulate ❄ (@accumulatehq) February 19, 2025 Bion excites with an evolving presence in above 40 countries, having alliances across…

Bitcoin, rebounding powerfully from its bear market lows, has reasserted itself as a leading asset, significantly outperforming traditional financial markets in 2024. Fueled by the historic launch of Bitcoin ETFs in January, a new US administration seemingly supportive of the crypto industry, and the Federal Reserve’s shift toward easing monetary policy, Bitcoin’s resurgence has been remarkable. Bitcoin ETFs: a catalyst for growth The Bitcoin ETFs, launched earlier this year, have been a major catalyst, attracting substantial capital inflows and becoming the most successful ETF launches in history, surpassing $100 billion in assets under management within their first year. This influx…

DAO drama has once again hit Sky (formerly Maker) governance, in what is being characterized as a risky power grab or a “potential governance attack,” depending on who you ask. The debate kicked off when GFX Labs’ PaperImperium — a long-time Maker community member and regular critic of the project’s recent direction — took to X to raise concerns over a fast-tracked governance proposal which relaxes restrictions on borrowing against the MKR governance token. The changes which, according to the thread, ”bypassed due process” would have the effect of “>2x the credit line for MKR holders, and raise the LTV…

Aptos, Movement, and Kaspa are among the top projects releasing tokens this week of January 2025, along with Neon EVM, Ethena, io.net, and Optimism. 🔓 Weekly Cliff Unlocks : 6 – 12 Jan ’25🔥 $242.68m + 🔥🌟 Unlock Highlights 🌟$APT (2.03%) – $105.07m$MOVE (2.22%) – $44.78m$KAS (0.72%) – $22.32m$NEON (44.92%) – $19.79m$ENA (0.42%) – $13.51m$IO (2.50%) – $11.10m$OP (0.33%) – $8.41m.( % of cir. supply) pic.twitter.com/mlQJH5LzAw — Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) January 3, 2025 Aptos (APT) will unlock tokens valued at $105.07 million, which is 2.03% of its circulating supply. This happens as APT trades at $9.85 per token with…