Author: NBTC
Siddarth Bharwani, CFO of Jetking, the first Indian publicly listed company to adopt the Bitcoin standard, said his company adopted the cryptocurrency to escape the difficulties of the past pandemic and protect against similar situations in the future. In a recent interview, Bharwani explained how they decided on the Bitcoin option, highlighting the investment potential of the digital asset. Jetking is India’s first publicly traded company to adopt the Bitcoin Standard. CFO @SidBharwani of @JetkingLtd explains why in the interview below:Timecodes:00:00 – Intro01:53 – The story of Jetking; Who is Siddarth Bharwani?04:47 – Why adopt Bitcoin for Jetking’s balance… pic.twitter.com/ZvyToehiMx…
Tether’s CEO Paolo Ardoino shared a post on X yesterday that Tether was the seventh-largest buyer of US Treasuries in 2024. The company accumulated $33.1B worth of US Treasury securities last year, outranking countries like Canada, Mexico, and Germany. Since 2023, Tether, the issuer of the world’s largest stablecoin, USDT, has strategically invested in U.S. Treasury securities to back its stablecoin reserves, ensuring sufficient stability and liquidity. This strategy also benefits the United States by increasing demand for government debt, thereby supporting fiscal operations. Tether is the seventh-largest holder of US Treasuries. Source: Tether Other private entities also have active…
VeChain’s ‘X-2-Earn’ model rewards electric vehicle drivers with carbon credits based on travel distance and emissions offset, making sustainability financially beneficial through blockchain-backed incentives. The launch of VeBetterDAO expands sustainability efforts by introducing decentralized applications like ‘Plant-2-Earn’ and ‘Sweat-2-Earn,’ ensuring fair reward distribution and long-term engagement. VeChain is reshaping sustainability by introducing the ‘X-2-Earn’ model, which rewards individuals for eco-friendly choices. Electric vehicle drivers now have an opportunity to earn carbon credits based on their travel distance and the emissions they offset compared to traditional gasoline engines. These credits can be exchanged for discounts on food, insurance, and healthcare products,…
The final dress rehearsal for Ethereum’s upcoming Pectra upgrade occurred Wednesday, as the blockchain’s biggest changes in over a year were tested an additional time following a series of mishaps. The upgrade on the new Hoodi testnet was closely watched given that two previous tests, on the Holesky and Sepolia test networks, failed to finalize properly. Following those tests, developers created a new testnet, Hoodi, to give ecosystem players, particularly staking providers, one more testing opportunity before the Pectra upgrade hits Ethereum’s mainnet. The test involved passing Hoodi a series of code changes meant to make Ethereum more user-friendly for…
Binance Academy, the top crypto exchange Binance’s crypto learning forum, is introducing an exclusive online course. As per Binance, Binance Academy is unveiling the “Blockchain for Business Sustainability” course in partnership with the Finland-based University of Oulu. The course intends to impart knowledge concerning blockchain technology’s role in driving sustainable business activities and wider environmental responsibility. ‘Blockchain for Business Sustainability’ Course Educating Community about Blockchain Technology Binance Academy has reportedly developed the “Blockchain for Business Sustainability” course in collaboration with Professor Dr. Teck Ming (Terence) Tan. He is known as an Adjunct Professor at the University of Helsinki and Associate…
Peter Schiff is not letting Bitcoin (BTC) enthusiasts off the hook, as he points out something that does not quite add up – Bitcoin’s market cap relative to gold’s. Back in 2021, the cryptocurrency hit $69,000, and its market cap was 10.72% of gold’s. Fast forward to today, and Bitcoin is at $98,000, but that percentage has dropped to 9.95%, notes Schiff. If Bitcoin is supposed to be the “new gold,” why does its share of gold’s value seem to be shrinking rather than expanding? asks the expert. Looking at the facts, i.e., the Bitcoin vs. gold chart, we can…
Michael Saylor boasted this morning that his company upsized a fundraising deal from $500 million to $722.5 million. In order to close that deal, however, he boosted the STRF preferred stock dividend and financial terms — and excluded those details from his tweet. Specifically, Strategy (formerly MicroStrategy) had hoped to sell 5 million shares of STRF preferred stock as close to their $100 liquidation preference as possible. Instead, the company slashed the pricing of those shares by 15% to $85. Liquidation preference is the right of certain investors to receive their investment back first — ahead of common shareholders —…
Cardano founder Charles Hoskinson spreads the word that towards the end of February he intends to meet “a very special person.” The video excerpt of that stream was shared by the Cardano-related X account @Cardanians_io. Hoskinson did not specify who this “very special person” is going to be. The community appeared intrigued and commentators began speculating who this person might be. The options included podcaster Lex Fridman, Donald Trump, and Elon Musk. 🎙️ Charles Hoskinson: “I’m meeting a very special person towards the end of the month.”Who do you think it is? pic.twitter.com/5lJCM5CasZ — Cardanians (CRDN) (@Cardanians_io) February 10, 2025…
Ethereum’s inability to establish a strong foothold above $2,000 continues to dampen investor sentiment, causing many traders to keep their assets liquid in case of a potential selloff. This cautious stance is reflected in ETH withdrawals from exchanges, which have plunged to a seven-month low. ETH Exchange Activity Signals Growing Bearish Sentiment An assessment of Ethereum’s exchange transaction dominance shows a significant decline in ETH withdrawals since late January. According to Glassnode, ETH’s exchange withdrawal transactions totaled 59,755 coins on Tuesday, marking its lowest single-day count since August 31. Ethereum Exchange Transaction Dominance. Source: Glassnode When ETH withdrawals from exchanges…
The cryptocurrency rebounded above $97,000 as trading volume surged over 60% after a somewhat slower Superbowl weekend. Bitcoin Tops $97K After Superbowl Weekend Bitcoin (BTC) is trading at $97,594.51 at the time of reporting, reflecting a 1.49% increase over the past 24 hours and a 2.69% gain over the past week, according to data from Coin Market Cap. The world’s dominant digital asset saw a 24-hour price range between $94,745.26 and $97,977.40, showing continued resilience amid market fluctuations. (Bitcoin price / Trading View) Surge in Trading Volume and Market Cap Bitcoin’s trading volume skyrocketed 61.23% to $37.65 billion, likely due…