Author: NBTC
Bitcoin (BTC) started the new year on a high note after tapping into the six-figure mark in 2024. Most observers expect 2025 to be just as remarkable, with projections placing BTC at $185,000 and higher. The road, however, may be as straightforwardly bullish as expected, as the recent price action suggests sellers are looking to reassert themselves, raising the possibility of a notable price drop ahead. We are referring to the price action of December, when bitcoin reached a record high above $108,000 but ended the month negatively, below $94,000, registering its first monthly loss since August. The two-way price…
Strategy (formerly MicroStrategy) preferred stock, STRK, had a record-breaking performance in its first two weeks. According to the company, STRK is now the best-performing out of 115 preferred stocks listed in the US since 2022. Per information shared on X, STRK is first in price performance with 19% more gains than the average preferred stock. It has also attracted more interest from investors, with a trading volume that is 7x the average. The company founder, Michael Saylor, also noted the stock’s strong performance, saying: “In the initial two weeks of trading, $STRK is the best performing and most liquid perpetual…
The well-known South Korean exchange Upbit has announced the listing of the crypto SONIC, the native asset of the SonicSVM rollup project of the Solana ecosystem. This is a very important launch, introducing a highly anticipated token by the crypto community. Let’s see together how its debut went. What is SonicSVM: the layer-2 rollup of the Solana blockchain Sonic Alpha Vault: an option to invest in the project before the listing on exchanges Upbit and other exchanges announce the listing of the crypto SONIC: what will be the valuation at debut? What is SonicSVM: the layer-2 rollup of the Solana…
Ripple CEO Brad Garlinghouse expresses optimism about ongoing progress on crypto regulation following his recent engagement with policymakers in Washington, D.C. Garlinghouse took to X on Thursday to disclose his recent engagement with top U.S. policymakers. He suggested that there is real momentum toward providing the crypto industry with much-needed regulatory clarity. Notably, he acknowledges the bipartisan cooperation, with Democrats and Republicans working to establish a pro-innovation crypto framework. Attendees of the Meeting In his latest push, Garlinghouse met with key policymakers, including the U.S. Senate Banking Committee Chairman, Senator Tim Scott, and Rep. Ritchie Torres. Some meeting attendees include…
The following is a guest post by Rob Viglione, CEO of Horizen Labs. Standards are the unsung heroes of technological innovation. They pave the way for true interoperability and establish a solid foundation for businesses to operate. A solid foundation of standards and guidelines makes it possible for builders to take a longer view and design more reliable technology. From HTTP for web browsing to SMTP for email, standards have catalyzed paradigm shifts that shaped the modern world. As privacy technology matures, the emergence of standards for zero-knowledge proofs (ZKPs) promises to usher in a new era for web3 and…
Strategic Bitcoin Reserve can hyperbitcoinize the world. So, this can turn the dollar obsolete, and there could be just bitcoin for people like the present dollar. It would be very impacting to the world’s financial system when a financial institution manages its reserve. This will either have positive or negative impacts on the US dollar depending on how it will be used within the system. Precisely, it all depends on how these changes will be dealt with. Strengthening the US dollar through Bitcoin It would seem that the Bitcoin reserve would strengthen the US dollar since Bitcoin would most probably…
Significant investment flows into the cryptocurrency market because various blockchain projects obtain notable financial support. Fundraising events from the Phoenix Group’s data show that investors hold strong optimism about blockchain technology deployments alongside decentralized finance (DeFi) and artificial intelligence (AI) systems from the cryptocurrency domain. MAJOR RECENT CRYPTO FUNDRAISING EVENTS#HashKeyGroup #Plasma #Legend #MangoNetwork $MGO #StakeStone #GamerBoom #FrodoBotsAI #NodeGo pic.twitter.com/hBIMMykR1v — PHOENIX – Crypto News & Analytics (@pnxgrp) February 15, 2025 The most remarkable fundraising event came when HashKey Group received $30 million through investments by KKR combined with another influx from institutional firms. HashKey Group stands out as an industry…
A recent publication from FOX Business News spotlights a statement that Bank of America is conducting “100% of its internal transactions” using XRP. Specifically, the suggestion came from David Stryzewski, CEO of Sound Planning Group, during a discussion on FOX Business on Monday, January 6. Stryzewski claimed that Bank of America had not only integrated XRP into its daily operations but had also filed 83 patents related to the blockchain technology behind Ripple. Accordingly, he expressed a bullish sentiment on XRP, stressing that it would serve as a key vehicle in the future of finance. “XRP is going to be…
A high-ranking official from the Department of Government Efficiency (DOGE) reportedly arrived at the Internal Revenue Service (IRS) on Thursday noon, to commence investigations on the tax agency’s operations. According to a Reuters exclusive, Gavin Kliger, a top staffer working alongside Elon Musk in the federal efficiency initiative, met with senior IRS executives at the agency’s Washington headquarters, according to sources familiar with the visit. Kliger’s arrival comes just days after a poll on Musk’s social media platform, X, which saw over 92% support for DOGE to scrutinize the IRS. 🚨 #BREAKING: DOGE officials have just entered the IRS building…
Mansa AI, an AI-powered platform for blockchain automation, is excited to announce its strategic collaboration with Bitgert to revolutionize blockchain and artificial intelligence. This partnership aims to merge AI-driven solutions and the blockchain ecosystem, pushing the boundaries of decentralized technology. 📢 Partnership Announcement!We are excited to announce a strategic partnership between Mansa AI and @bitgertbrise 🤖Bitgert is a pioneering crypto engineering organization building a comprehensive ecosystem that transforms digital asset ownership.Together, we are shaping… pic.twitter.com/yhFpS1fFYF — Mansa AI AgentCraft (@MansaWorldAI) February 15, 2025 This alliance aims to utilize Mansa AI AgentCraft’s groundbreaking abilities of artificial intelligence and the high-performance infrastructure…