Author: NBTC
Tesla CEO Elon Musk has fired back at US Senator John Fetterman over claims that the Department of Government Efficiency (D.O.G.E) is “rummaging through American’s personal data.” The heated exchange unfolded on X, where Fetterman shared a report alleging that D.O.G.E could gain access to private taxpayer data. In a Monday evening X post, Fetterman, a Pennsylvania Democrat, shared a screenshot of a Politico article titled “Possible DOGE Access to Private Taxpayer Data Sparks Outcry,” with the caption: “I want to save billions of your money and make our government more efficient. Rummaging through your personal shit is not that.…
SoSoValue has become the first project to disclose data via a trial spot listing feature on Bybit in a bid to provide investors with more clarity regarding its development status and positively influence their decision-making. The act of disclosing such critical data has just been introduced on Bybit and is still in the trial phase. It is similar to Binance’s proof-of-reserve, which became a thing after the eventual bankruptcy of the defunct FTX cryptocurrency exchange and the crash of other similar platforms. Bybit believes the new feature communicates its commitment to promoting transparency in project data and hopes the information…
Bitcoin’s $86.8K cost basis has become a critical level for market moves and investor confidence. Short-term holders maintain profits with the MVRV ratio at 1.08, indicating resilience amid price volatility. Analysts believe breaking above or below $86.8K will strongly influence Bitcoin’s next price direction. Bitcoin short-term holders are securing average unrealized profits of 7.9% despite the cryptocurrency’s recent price volatility, according to Glassnode data. The Short-Term Holder Market Value to Realized Value ratio currently stands at 1.08. Meanwhile, the average cost basis for these investors is $86.8K, which has become a key level in shaping Bitcoin’s local momentum. Source: Glassnode…
ChainGPT integrates with Hedera, enabling seamless NFT minting and expanding blockchain capabilities with AI-powered tools. Hedera and ChainGPT collaboration enhances NFT creation, offering a more efficient and scalable solution for digital asset development. ChainGPT’s most recent announcement, integration with Hedera, has shaken up the Web3 world. With this step, users may mint NFTs straight on the Hedera network, which boasts very low fees and fast transaction rates. Minting and distributing digital goods gets quicker and more effective using this technology. We’re thrilled to announce our integration with @Hedera ⚡ This integration brings AI-powered NFT creation, Smart Contract Generation, Auditing, and…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. This “altseason” has been a rollercoaster—great for traders who thrive on chaos but a soul-crushing grind for investors waiting for something, anything, to make sense. Volatility is king, and Ethereum (ETH), the so-called “smart contract leader,” has been looking less like a king and more like a washed-up heavyweight. You might also like: Ethereum’s lowered yield might signal a paradigmatic shift in the ecosystem | Opinion From a technical standpoint, ETH’s chart is downright tragic compared to…
European crypto investment firm CoinShares has reported more than a 50% revenue surge in Q4 2024, reaching $60.8 million. CoinShares ended 2024 with a big jump in revenue, reporting £48.3 million (around $60.8 million) in Q4, up 53% from the same period last year. In a Feb. 18 press release, the firm said its adjusted EBITDA hit £33.6 million, marking a 37% jump. CoinShares chief executive Jean-Marie Mognetti, addressing the firm’s financial results, called it “one of CoinShares’ strongest quarters since inception” as the political landscape changed considerably. “Q4 2024 was arguably the most transformative quarter in digital asset history,…
Steem Dollars, the stablecoin native to the Steem blockchain, has seen a remarkable price surge of over 106%, drawing fresh attention to the decentralized content and rewards platform. Originally created in 2016 by blockchain entrepreneur Ned Scott and BitShares founder Dan Larimer, Steem Dollars (SBD) were designed to provide stability in the volatile world of cryptocurrency while powering a unique ecosystem of social media and content creation. Its market cap currently hovers just above $47.5 million. Source: CoinGecko The coin’s recent rally highlights renewed interest in the Steem ecosystem, where Steem Dollars play a central role. Pegged to the U.S.…
Cloris Chen – CEO of Singularity Finance – participated in a roundtable to discuss the future of cryptocurrency regulation, taxation on digital assets, and AI-driven financial innovation. US Senators Cynthia Lummis, Tim Scott, Bernie Moreno, Bill Hagerty, and Marsha Blackburn also attended the meeting. The Event’s Goal According to a document shared with CryptoPotato, Senator Marsha Blackburn and Andrew Gordon hosted the discussion. The latter is a lawyer and Certified Public Accountant with extensive experience in crypto regulatory compliance. “For too long, the federal government has had its foot on the neck of the crypto industry. I’ve spent years helping…
South Korea’s Financial Services Commission (FSC) is getting ready to announce its decision on possible sanctions against Upbit. The decision comes after findings that Upbit didn’t fully meet customer verification requirements meant to prevent money laundering. Upbit Sanctions Decision Imminent The FSC’s Chairman, Kim Byoung-hwan, stated that the review process would soon wrap up, addressing concerns about delays raised by lawmaker Kim Jae-seop. During a National Assembly session, Chairman Kim assured the public that the FSC is working to resolve the matter quickly, pointing out it could affect market dynamics. He clarified that the review process has taken longer than…
Bitcoin owned 2024. It crushed every other investment class, climbed to insane heights, and proved once again why it’s king. Starting the year around $40,000, it more than doubled, hitting $108,000 in mid-December. How crazy is that? The launch of Bitcoin ETFs was a big reason behind the surge. These funds made it easier for investors to get in on the action. BlackRock’s iShares Bitcoin Trust ETF (IBIT) pulled in over $50 billion in 12 months, forcing Bloomberg to dub it the “greatest launch in ETF history.” And Bitcoin wasn’t the only winner. Ethereum ETFs hit the market in July,…