Author: NBTC

Arthur Hayes, the former CEO of crypto exchange BitMEX, has been granted a pardon by U.S. President Donald Trump, according to a Friday report from CNBC. Trump reportedly also pardoned Hayes’ co-founders at BitMEX, Samuel Reed and Benjamin Delo. In 2020, the U.S. Department of Justice (DOJ) brought charges against BitMEX, its three co-founders, and its first employee, Gregory Dwyer, accusing them of violating the Bank Secrecy Act (BSA). Prosecutors alleged BitMEX advertised itself as a place where customers could use its platform virtually anonymously, without providing basic know-your-customer (KYC) information. All four individuals eventually pleaded guilty and were sentenced…

A Strategic Bitcoin Reserve bill in Texas was referred to the Senate’s Finance Committee today, signaling a step in the state’s push to hold Bitcoin as a reserve asset. This move comes with growing interest from various U.S. states in establishing Bitcoin reserves and could position Texas at the forefront of integrating digital assets into state financial strategies. NEW: A Strategic Bitcoin Reserve bill in Texas was referred to the Senate’s Finance Committee today.Bullish! 🇺🇸 pic.twitter.com/O3HEghjRlT — Bitcoin Magazine (@BitcoinMagazine) February 7, 2025 The proposal, which has already gained traction in Texas’ legislative circles, is part of a broader trend…

Binance Founder Changpeng Zhao (CZ) reposted a video from widely followed crypto day trader Dave Portnoy, adding a laughing emoji to Portnoy’s comments about the volatile nature of meme coin trading. In the video, Portnoy openly admitted to buying and selling meme coins purely for profit. Portnoy detailed his recent purchases of two meme coins, “Run Montoya” and “Josh Allen (MVP),” and made it clear that his goal was to sell them at a profit. “I’m trying to make money like every other of you,” he said, dismissing accusations of bad faith trading. He insisted that he was not launching…

A New Jersey regulator has ordered Kalshi and Robinhood to stop offering prediction markets based on sporting events to New Jersey locals. Robinhood partnered with Kalshi earlier this month to launch a prediction market focused on March Madness, the NCAA basketball tournament. In a cease-and-desist-order dated Thursday, which was viewed by Decrypt, the New Jersey Division of Gaming Enforcement alleged the trading platforms have illegally offered sports wagering services in The Garden State. The regulator called for both companies to stop allowing New Jersey residents to place bets on athletics events and void existing sports-related wagers from people living there.…

EON Chain has officially announced its strategic partnership with Bitgert to transform the landscape of digital assets. This integration marks a remarkable step forward in bringing innovation to the sector of cryptocurrency. This groundbreaking collaboration aims to utilize the cutting-edge technology of Bitgert to broaden the ecosystem of the EON Chain. With Bitgert’s technology, the alliance further aims to make blockchain solutions that will be efficient and seamless. EON Chain, an efficient and scalable blockchain for digital assets, announces this synergy through its official X account. The other ally, Bitgert, is a high-performance blockchain with zero fees. It is further…

Bitcoin price remained under pressure this week as trade concerns remained, but two rare patterns point to an eventual rebound. Bitcoin (BTC) wavered, while the crypto fear and greed index slipped to the fear zone of 35 this week. Most of this weakness was because of the ongoing fear of a trade war between the United States and its top partners. The US has already started levying tariffs on Chinese goods, which may affect trade volume worth over $450 billion. While Canadian and Mexican tariffs have been paused, there are odds that they will be restarted next month. These trade…

The Polkadot (DOT) network has risen amongst the top market performers following its achievement in the past year. It reached key milestones in 2024, which has helped to boost investors’ confidence in the network. Accordingly, market participants think Polkadot’s native token, DOT, is set for a bull run. Some have even forecasted that DOT’s price could climb as high as $10. Polkadot Report According to Messari In its latest report, Messari, a crypto market data aggregator, outlined key updates and Pokadot’s wins in 2024. The first feat spotlighted by Messari is Polkadot’s outstanding surge in monthly transactions, demonstrating the network’s…

Haliey Welch, better known online as the girl behind “Hawk Tuah,” isn’t worried about the Securities and Exchange Commission’s probe into her meme coin anymore after the agency dropped the investigation, she said Friday. “For the past few months, I’ve been cooperating with all the authorities and attorneys, and finally, that work is complete,” she told TMZ. Welch launched a meme coin on Solana in December that quickly imploded, sparking backlash and forcing her to temporarily take her account offline. The Tennessee native’s meme coin HAWK rocketed to a market cap of $490 million before collapsing 93% in value within…

AgriDex annnounced the first on-chain farmland transaction on the Solana network was successfully completed. The deal consists of a $165,000 land purchase in Zambia. The purchase was settled immediately at no cost using AgriDex’s digital settlement system. AgriDex is a Solana (SOL)-based platform focused on real-world assets with a focus on the global agricultural industry. The payment was transferred from a buyer to Sustainable Agricultural Development in Mauritius. This is a real example of how blockchain can faciliate cross-border transactions, making large-scale deals cheaper and quicker. By comparison, standard bank transfers can take several business days to complete and at…

Bitcoin sellers are grappling with a decisive support zone at the 100-day moving average, with a potential breakdown paving the way for a retest of the critical $90K region. However, heightened volatility is anticipated, as price action will dictate the market’s next direction. Technical Analysis By Shayan The Daily Chart After sustained declines, Bitcoin has approached a crucial support zone where significant demand will likely emerge. This level is particularly important as it aligns with the 100-day moving average and the key psychological support at $95K. A confirmed breakdown below this region could accelerate selling pressure, pushing BTC toward the…