Author: NBTC

The White House’s Crypto Czar David Sacks says the Trump administration may provide regulatory clarity for digital assets within six months. In a new discussion on the All-In Podcast, Sacks says the key thing for US regulators to look at when it comes to crypto is market structure, or defining the different assets within the digital asset ecosystem so that founders can build with more clarity. “It’s called ‘market structure.’ What are the definitions going to be? Because digital assets can be many things. Some digital assets are cryptocurrencies, they’re actually currencies. Then there are things that are crypto securities,…

The Algorand Foundation has publicly called on Elon MUSK’S Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a February 4 post on the X platform, the foundation highlighted how Algorand’s technology could improve transparency, particularly in tracking federal spending. According to Algorand, its blockchain is built with quantum-resistant security, making it ideal for protecting sensitive government data and preventing unauthorized access. The foundation’s announcement follows several reports of DOGE’s growing interest in using blockchain solutions for government. Last month, reports emerged that the organization was looking at blockchain technology as a tool to reduce government…

Bitwise Asset Management has released its January 2025 Bitcoin Macro Investor Report, outlining the current challenges and long-term potential for Bitcoin. While the cryptocurrency market is facing macroeconomic resistance, the report notes that Bitcoin is supported by on-chain data and is well-positioned to outperform traditional assets in 2025 and beyond. In December 2024, Bitcoin faced obstacles from profit-taking, declining corporate exposure, and a tightening financial environment. The appreciation of the US dollar and policy adjustments by the Federal Reserve further weighed on the market. The Fed cut interest rates by 25 basis points last month, signaling that future rates could…

Ethereum’s price dropped 1.07% to $2,747.84, with a market cap of $331.19B. Trading volume declined 5.28% to $28.58B, signaling reduced activity. Ethereum (ETH) is struggling as its price falls 1.07% to $2,747.84. The market cap has dropped 1.06% to $331.19 billion. Trading volume has declined 5.28%, now standing at $28.58 billion. The market cap ratio is 8.83%, indicating moderate liquidity. Ethereum has been under selling pressure, failing to break key resistance levels. Bears seem to be in control, pushing the price toward lower support zones. The global crypto market cap stands at $3.19 trillion, reflecting a 1.19% decline in the…

Shiba Inu enigmatic leader, Shytoshi Kusama, reacts to claims suggesting that the team is prioritizing its upcoming token TREAT over BONE. Some community members raised this concern after leading crypto exchange KuCoin announced its listing of TREAT, the incoming reward token of the Shiba Inu ecosystem. KuCoin, alongside Gate.io and Bitget, announced that users will be able to trade TREAT starting January 14 at 11:00 a.m. (UTC). Following this announcement, the team behind the Shiba Inu ecosystem launched a promotional event to airdrop TREAT to users of these exchanges. Community Suggests Shiba Inu Team Is Prioritizing TREAT Over BONE While…

Sui users could soon benefit from expanded access to tokenized funds through a new partnership between the blockchain platform and Libre Capital. The initiative will leverage the Sui (SUI) blockchain and is aimed at institutional and accredited investors. Its unveiling follows the launch of Libre Capital Gateway on Sui. Libre Capital’s partnership with the layer 1 blockchain also involves Nomura Group’s Laser Digital and alternative investment manager Vulpes, according to an announcement. Together, these platforms are working to advance an on-chain initiative that will allow the Sui community to access tokenized funds from major providers. The collaboration will provide access…

The Bank of Papua New Guinea has wrapped up its CBDC trial and is now considering next steps for digital payments beyond national borders. Authorities in Papua New Guinea are stepping up their central bank digital currency efforts, with the Bank of Papua New Guinea completing its CBDC proof-of-concept trial. The trial, done in partnership with Soramitsu, Mitsubishi, JICA, and the Japanese government, tested how a CBDC could work in the country. During her speech, Bank of Papua New Guinea Governor Elizabeth Genia said the study aimed to improve financial inclusion and modernize the payment system. The central bank focused…

Pell Network, a well-known Omnichain Bitcoin ($BTC) restaking platform, is launching $PELL (its native token) on xLaunchpad. The partnership aims to enable Bitcoin restaking services on MultiversX. Launchpad took to social media to provide the details of this collaboration. The Snapshots & KYC period for @Pell_Network begins tomorrow!This launch brings Pell’s $BTC Restaking Network to @MultiversX, together with $EGLD Restaking. 🆕xLaunchpad users get exclusive access to $PELL token, read the important steps on how to participate below. 👇 pic.twitter.com/oGzajknsIc — xLaunchpad (@xLaunchpadApp) January 12, 2025 Pell Network Releases $PELL on xLaunchpad, Enabling Bitcoin Restaking on MultiversX xLaunchpad pointed out that…

SubHub, a leading Web3 platform for decentralized communication, has announced a trailblazing collaboration with NomoEX, a next-gen centralized exchange. The partnership denotes a notable move to revolutionize the crypto trading. As a part of this collaboration, NomoEX is going to leverage the decentralized communication infrastructure of SubHub. We’re pleased to welcome @nomoex_global to the #SubhubNomoEX is poised to redefine the future of crypto trading. Its entry into Subhub signals a shared commitment to advancing blockchain technology and fostering a more inclusive crypto ecosystem.https://t.co/qNLeVIraJ2 pic.twitter.com/eNNwES1g8I — SubHub 🔔 (@SubHubStack) February 6, 2025 With this integration, NomoEX can delve into exclusive possibilities…

Bitcoin’s current valuation stands between $96,512 to $97,121 over the last hour, boasting a market capitalization of $1.91 trillion and a 24-hour trading volume amounting to $59 billion, indicative of intensified market engagement. The cryptocurrency oscillates within an intraday spectrum from $96,163 to $102,760. Bitcoin Bitcoin‘s one-hour chart delineates a pronounced downward trajectory, now stabilizing around $96,000, with diminished buying enthusiasm hinting at an enduring bearish trajectory. Immediate support is nestled at $96,000, with resistance observed between $97,500 and $98,000. A decline in volume during this stabilization period points towards a probable continuation of the preceding downward trend. Investors should…