Author: NBTC
Michael Saylor, co-founder of MicroStrategy and its executive chairman, has announced that the company released its quarterly financial results report. The company’s most profitable business has been based on holding Bitcoin over the past four years. Now, Saylor has rebranded MicroStrategy to just Strategy with a Bitcoin logo added to it. Saylor turns his company into BTC-focused Strategy On February 5, Saylor first issued an enigmatic tweet, saying “₿ig Strategy Day,” which left the Bitcoin community guessing what Saylor and his team were up to. In the tweet that followed, Saylor clarified what he meant. New ₿rand, Same Strategy pic.twitter.com/r1LD5FdEjJ…
Shytoshi Kusama, the pseudonymous leader of the Shiba Inu ecosystem, has responded to a post ranking the top five crypto communities. The list, shared by TRENDY, a coin-ranking bot, features five communities, including one associated with Kusama. Specifically, the ranking highlights notable projects, including Shy On Solana (SHY), a project backed by Kusama. Other listed communities include Dogwifscarfcoin, an account currently suspended on X. Purple on Bitcoin, which combines Bitcoin’s security with Solana’s efficiency, JERKSTEVE, and Kekius Maximus CTO, also featured. Shiba Inu Developer Reacts 😇 https://t.co/q9JZ6o02dd — Shytoshi Kusama™ (@ShytoshiKusama) February 6, 2025 Kusama’s engagement with the post comes…
After the Czech National Bank (CNB) board approved a proposal to analyze the options for investing a portion of its reserves in Bitcoin (BTC), Governor Aleš Michl has attracted mixed responses. With around €7 billion on the line, which is the 5 percent of the CNB’s international reserves likely to be invested in Bitcoin, different reactions have emerged from various sectors led by fellow central bankers from the European nations. For instance, European Central Bank President Christine Lagarde has dismissed the idea of central banks in the bloc adopting Bitcoin as a strategic reserve asset. Lagarde recently noted that Bitcoin…
Brazil’s judiciary has authorized the use of non-fungible tokens (NFTs) to serve subpoenas to unidentified individuals in a high-profile crypto fraud case. The decision is tied to the bankruptcy case of BWA Brazil, a digital currency investment company accused of fraud involving 11,200 bitcoins, which are currently valued at approximately $900 million. The ruling comes against the backdrop of a legal plea to halt the statute of limitations on claims related to crypto assets allegedly purchased using creditor funds. A court-appointed trustee overseeing BWA Brazil’s bankrupt estate requested permission to serve digital subpoenas via NFTs. The tokens, containing legal documents…
Hut 8’s (HUT) new subsidiary, American Bitcoin Corp., a partnership between the mining company and the Trump family, could be spun out, allowing the company to focus on data center hosting, broker Clear Street said in a report Monday. The broker noted that the new unit will be included in the bitcoin miner’s financials, but the “businesses could be separated, allowing HUT to focus on high-margin data center hosting revenue.” Hut 8 is expected to secure more power and expand its data center hosting business, the report said, and the “potential to secure a hyperscaler” is a key catalyst for…
Highly followed Bitcoin maxi “Bitcoin Dad” suggests that the XRP price will go to zero by 2035. There is hardly any love lost between XRP holders and core Bitcoin proponents, also known as maximalists or maxis, and this does not look likely to change anytime soon. In the latest instance, one prominent market pundit has stoked the flames of the divide with price predictions for a decade from now. 10M XRP for a Ford Focus (2014) in 2035 Highly followed Bitcoin maxi “Bitcoin Dad” has implied that XRP will go to zero by 2035. In an X post on Wednesday,…
The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3. Magnas Mareneck, co-CEO at the newly-formed Interchain Labs, commented: “EUREKA! Cosmos Hub MAINNET has now sent its first live IBC transaction to Ethereum… and back! The content: 1 $ATOM. The message: i love cosmos” Barry Plunkett, co-CEO of Interchain Labs, posted: “First ethereum, then the world. Over the rest of the year, we’re…
Bitcoin accumulation addresses have seen massive inflows in the past week, leveraging retail sell-offs to stack the pioneering cryptocurrency extensively. Despite Bitcoin’s recent struggles, whales are still keen on the premier asset. Large holders have seen price fluctuations as an opportunity to buy the fears predominant in the market. Notable reporter Vivek Sen recently shared a positive accumulation trend among Bitcoin whales. In a tweet today, he noted that inflows into whale wallets have seen an uptick amid market uncertainties. Accumulation Wallets Sees Inflows The data cited analytical insight from on-chain data provider CryptoQuant. Further analysis indicates that the inflows…
XRP was excluded from Hong Kong’s approved crypto list, causing a 12% price drop. Regulators may have avoided XRP due to Ripple’s ongoing legal battles with the SEC. Hong Kong enforces strict crypto regulations, limiting approved assets to a few major tokens. Ripple’s XRP is once again making headlines, but this time for an unexpected reason. Hong Kong’s Securities and Futures Commission (SFC) recently released its list of approved cryptocurrencies for trading, and XRP is nowhere to be found. While Bitcoin, Ethereum, Avalanche, and Chainlink made it into the listing, XRP’s absence has sparked concerns, leading to a sharp 12%…
German data infra company deltaDAO has launched a blockchain-based platform designed to streamline AI and data-sharing while ensuring privacy and control. DeltaDAO, a German data infrastructure company, has launched the so-called Pontus-X, a platform powered by the Oasis Network blockchain aimed at making AI and data-sharing easier across Europe, with over 180 institutions already on board, including Airbus and T-Systems. In a press release shared with crypto.news, deltaDAO mentioned that at Hannover Messe in Germany, visitors can “experience live demonstrations of the ecosystem’s capabilities.” Experts are also hosting sessions on “managed identity wallets, data and digital service monetization and sovereign…