Author: NBTC
VeChain is pioneering sustainability-driven initiatives through DeBAN, integrating blockchain, regenerative finance (ReFi), GreenTech, and AI. The tokenized sustainability sector is projected to reach $16 trillion by 2030, with VeChain well-positioned to capitalize on this demand. VeChain has recently crossed five million unique addresses on the VeChainThor blockchain. This was celebrated by a user on X as it marked another day of an upsurge in VeChain’s adoption. In response to the development, the platform reacted by saying “Proud moment.” VeChain Growth & Adoption Lately VeChain has positioned itself as a key player in blockchain-based supply chain solutions, with collaborations involving major…
Bill S. 0451, which was introduced to the Rhode Island Senate last month, permits the state’s residents and businesses to make up to 10 payments in bitcoin valued at less than $1,000 per month (or sell the equivalent amount) without being subject to state capital gains taxes. The bill is an amendment to existing state income tax laws, and the exact language in the proposed legislation is as follows: “Any sale of [b]itcoin by an individual or business in Rhode Island shall be exempt from state taxation if the total value of sales is less than one thousand dollars ($1,000)…
Billionaire Chamath Palihapitiya Proposes Using Government Bitcoin Holdings for Future US Sovereign Wealth Fund
Billionaire venture capitalist Chamath Palihapitiya says the US government can get its federal sovereign wealth fund up and running by leveraging its Bitcoin (BTC) holdings. On Monday, President Donald Trump signed an executive order for the Treasury and Commerce Departments to create a fund designed to provide long-term financial stability, economic growth and protection against economic shocks. Palihapitiya says on the social media platform X that the Trump administration can get the project off the ground quickly by capitalizing on assets the US government already holds, including its Bitcoin trove. “I think we can start by slowly selling down our…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. We already revisited the Dan Tapiero quote about an imminent “crypto IPO, M&A, SPAC boom.” And I wrote about the possible “feeding frenzy” coming on the M&A side. Then late yesterday, Circle, the issuer of stablecoin USDC, laid out plans for an IPO. “The confluence of traditional financial infrastructure and blockchain innovation, as exemplified by companies like Circle, presents compelling opportunities for institutional investors,” Offchain Labs’ Ira Auerbach said in a statement. It seems optimism around stablecoin growth (and the potential for legislation) would signal high…
IOTA has launched initiatives like the “Return of IOTA” campaign with a 3 million token airdrop and integrated MoveVM to enhance smart contract capabilities. Its role in decentralized identity management and fee-less tokenization strengthens its position in IoT and supply chain applications. IOTA, a peer-to-peer decentralized network specially designed to aid transactions in an Internet of Things (IoT) ecosystem, has recently grabbed significant attention. It has a different, unique structure – it is constructed as a DAG called the Tangle, differing from the common blockchain networks as miners are removed and every individual participant validates every transaction, giving a faster…
President Trump has expressed his desire to retain Elon Musk’s services as a special government employee for “as long as” possible, but acknowledged that the tech executive may eventually need to return to his business responsibilities. “At some point he’s going to want to go back to his company,” said Trump, speaking to reporters on Monday. He admitted that Musk had “a big company to run.” The president also indicated that his cabinet secretaries would continue the work of the Department of Government Efficiency (DOGE), which has implemented extensive reductions in the federal workforce as part of efforts to reduce…
Markets rarely move in straight lines, and Feb. 4 was a case in point. Spot Bitcoin ETFs collectively pulled in $341 million, and BlackRock’s iShares Bitcoin Trust (IBIT) dominated with $249 million. Spot Ethereum ETFs? They totaled $308 million in net inflows, marking four consecutive days of positive momentum, according to SoSoValue. Just a day earlier, things looked different. Bitcoin ETFs recorded $235 million in net outflows on Feb. 3, snapping a four-day inflow streak. Fidelity’s FBTC took the hardest hit, with $177 million exiting. Ethereum ETFs, meanwhile, kept the streak alive, bringing in $83.5 million despite broader market turbulence.…
US President Donald Trump announced in his live speech that a 10% base tariff will be applied to all countries. However, Trump made the following statements on the subject and published a list of countries where he would specifically impose different customs duties: I am telling the leaders of all countries to end the tariffs you are imposing on (the United States) and start buying American goods. For countries that do not treat us well, we will calculate the total amount including non-monetary barriers. The retaliation rate will be half of the customs duty rates, which will not be exactly…
What’s with the XRP hype, and why anyone thinks it could be worth hundreds of dollars – Tristan Tate
Internet celebrity Tristan Tate has questioned the basis of why pro-XRP enthusiasts believe the crypto will surge past $100 this year. Since the start of the year, XRP has garnered a lot of interest, which grew tenfold when Ripple executives hinted at the possibility of the coin being included in the proposed US national digital currency stockpile. In a February 4 X post, Tristan asked, “Can somebody explain the $XRP hype to me? Why on earth would this go to hundreds per coin?“ His query saw a series of responses in quoted posts, including one from golf influencer and model…
A court in Brazil has authorized the use of non-fungible tokens (NFTs) to notify unidentified defendants in a case involving missing Bitcoins (BTC) tied to an alleged pyramid scheme, BWA Brazil. The decision stems from legal action filed by the court-appointed trustee of BWA Brazil’s bankrupt estate seeking to interrupt the statute of limitations on claims related to crypto assets allegedly acquired using creditor funds. The estate requested that the court permit digital service of process by minting NFTs containing the relevant legal documents and transmitting them to wallet addresses involved in the initial transactions. The ruling stated: “Creditors who…