Author: NBTC

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Newly-confirmed Treasury Secretary Scott Bessent now has an additional federal agency to oversee, and he’s hitting the ground running. Bessent was named acting head of the Consumer Financial Protection Bureau yesterday after President Trump fired Rohit Chopra. Chopra, a Biden-era nominee, was known for his aggressive regulatory approach at the agency, which saw major fines against names including Wells Fargo and Citigroup. Now, Bessent has essentially put the CFPB on lockdown. Staffers are to halt any litigation, investigation or enforcement proceedings and refrain from issuing public…

Role-playing game Kuroro Wilds has launched a play-to-airdrop campaign ahead of its KURO token launch on Ethereum gaming network Ronin. Players will be rewarded for referring friends, completing social tasks, and finishing in-game quests. Kuroro Wilds is the flagship title of a wider gaming ecosystem called Kuroro, which is still developing. This franchise includes three other projects: Kuroro Ranch, a Tamagochi-style Telegram game that is currently live; Kuroro Beast Brawl, a battle arena game gearing up for beta launch; and Kuroro Ancients, an NFT profile picture collection. All of this falls under the same franchise, set on the island of…

The prominent blockchain ecosystem, Ozean has announced a strategic partnership with the RWA yield-focused platform, Tiamonds, known for operating as the largest diamond-based marketplace. Through this collaboration, Ozean adds its tokenized diamond offerings to its platform, giving users access to a broader range of Real-World Asset (RWA). This strategic blockchain integration seeks to make diamond investments more accessible for users. 💎 Ozean partners with @Tiamonds — the world’s largest tokenized diamond marketplaceThis partnership will bring tokenized diamonds to the Ozean ecosystem, expanding the range of #RWAs available to users. Learn more 👇https://t.co/y5RhKC6YQp$CPOOL pic.twitter.com/VlKf64l3yv — Clearpool (launching Ozean🌊) (@ClearpoolFin) February 4,…

Bitcoin price has crashed this week amid ongoing jitters about the bond market and a relatively hawkish Federal Reserve. Bitcoin (BTC) fell below $95,000, triggering a steeper sell-off among altcoins. However, there are signs that the coin may bounce back and possibly hit $122,000 in January. Bitcoin balances on exchanges are falling One key reason why BTC’s price may rebound in January is the ongoing imbalance between demand and supply. Demand has continued to rise this year, as evidenced by growing ETF inflows. Spot Bitcoin ETFs have added a net $1.3 billion in assets this year, while companies like MicroStrategy…

DeepSeek, which is the latest breakthrough in LLM (large language model) powered AI chatbots, has impressed users with its capabilities and even had a significant impact on the U.S. stock market by sparking concerns that major tech stocks such as NVIDIA are overvalued. The reason for this is that DeepSeek is able to beat leading models on multiple benchmarks while supposedly only costing a fraction of the cost to train and operate. DeepSeek’s “base case” for Ethereum in Q1 2025 is $8,000 – $12,000 We decided to experiment with DeepSeek by asking the chatbot about its opinions on the Ethereum…

Neo has announced a strategic collaboration with PumpBTC to help bolster Bitcoin’s DeFi ecosystem using the Neo X EVM sidechain. The cooperative agreement is aimed at leveraging Neo X as a host for assets and liquidity for the PumpBTC platform, expanding opportunities for bitcoin holders in DeFi. About PumpBTC PumpBTC is a liquid staking solution for Babylon, a blockchain ecosystem that allows bitcoin holders to contribute to network security while earning rewards through direct staking on the Bitcoin blockchain. This collaboration aims to deploy PumpBTC on Neo X, unlocking a range of functionalities for users, including: Staking opportunities: stake PumpBTC…

Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) for the release of a long-awaited report on ethical conflicts and selective enforcement within the agency. The SEC Office of Inspector General (SEC OIG) completed the report more than a year ago, but the SEC has yet to release it or provide related documents despite multiple Freedom of Information Act (FOIA) requests. The lawsuit, filed today, calls on the SEC to disclose the final report, which examines potential conflicts of interest involving William Hinman, the former Director of the SEC’s Division of Corporate Finance, and his…

Gods Unchained, a trading card game on Ethereum layer-2 network Immutable zkEVM, announced the launch of a battle pass ahead of its upcoming season and the new Fallen Age expansion coming on February 18. The pass, which comes has one free tier and two paid tiers of premium rewards, will be available for pre-purchase from February 9 to February 17, offering users a 25% discount on the top two tracks, Premium and Shiny which are priced at $6.99 and $39.99 respectively. With each pass tier, users are granted perks like new exclusive cosmetics, as well core card packs and Fallen…

Canadian Nvidia supplier Nebula Block has signed a strategic cooperation agreement with AI Cloud Blockchain platform, Swan Chain to purchase 100,000 hours of GPU computing power. Strategic Partnership of Nebula Block and AI Blockchain Swan Chain 🤝Swan Chain Partners with Nebula Block to Provide 100K+ GPU Hours for AI Inference We’ve just signed a strategic partnership with @nebulablockdata to deliver 100,000+ hours of GPU computing power for cutting-edge AI inference!🙌Nebula Block’s Deepseek AI service will be FREE… pic.twitter.com/pxUhHjEuK9 — Swan Chain (formerly FilSwan) (@swan_chain) February 5, 2025 As a part of the partnership, Nebula Block and Swan Chain will carry…

Bitcoin’s price has faced persistent downward pressure since reaching its all-time high of $108K on December 17, 2024, signaling possible instability in the market. Currently trading at $93,533, the cryptocurrency has recorded a 2.27% decline over the past 24 hours. Its market capitalization stands at $1.85 trillion, accompanied by a trading volume of $64.15 billion. This sustained downturn raises a critical question among market participants: when will Bitcoin’s price descent come to an end? BTC Price Trends and Key Support Levels Over the past three days, the BTC cryptocurrency has shown a consistent bearish trajectory, dropping from a critical resistance…