Author: NBTC
Bitcoin’s (BTC) adoption is outpacing the transformative technologies of the past, including the internet and mobile phones, according to a recent report by BlackRock. The document highlighted that since its launch in 2009, Bitcoin has quickly evolved from a niche innovation to a globally recognized asset. It attributed the evolution to demographic trends, economic shifts, and the ongoing digital transformation of finance. Younger generations, often referred to as “digital natives,” are significantly more inclined to embrace Bitcoin compared to Gen X and Baby Boomers. Their comfort with technology and preference for digital-first solutions have positioned them as the leading demographic…
In a policy shift, U.S. President Donald Trump signed an executive order to create a national digital asset stockpile. According to a White House press release, the directive also forms the Presidential Working Group on Digital Asset Markets, aimed at strengthening the nation’s leadership in digital finance. Creation of Digital Asset Working Group The executive order sets up the Presidential Working Group on Digital Asset Markets, chaired by David Sacks, the White House AI and Crypto Czar. This group will include high-ranking officials, such as the Treasury Secretary and the SEC Chairman, alongside other relevant department heads. Its mandate includes…
The cryptocurrency market is about to close out a week that witnessed some extraordinary events, including the truly impressive rise of Bitcoin and Donald Trump’s sudden decision to launch his own memecoin. In addition, there will be many economic developments and altcoin events in the new week, as well as large amounts of token unlocks in many altcoins. Here is the token unlock calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Sui (SUI) Market Value: $15.05 billion Token Amount to be Opened: $1.89 million (based on 0.01% market cap) Date:…
The tables have turned for former U.S. Senator and crypto critic Bob Menendez, who once called Bitcoin the “ideal choice for criminals,” as he was sentenced to prison over ‘bribery charges’ on Wednesday. NJ Democrat Bob Menendez Jailed Over Corruption Charges Former Democrat Senator from New Jersey, Bob Menendez, has been sentenced to 11 years in prison by a federal court in New York City for corruption. Menendez, who has served as the chairman of the U.S. Senate Foreign Relations Committee in the past, tearfully begged the court for “forgiveness” after being convicted of exchanging cash, gold bars, and even…
Nexo, a digital assets wealth platform, has been proclaimed the Most Exciting Payments Solution of 2025 at the International Association for Trusted Blockchain Applications (INATBA) Awards, according to the reports shared with Finbold on Thursday, January 30. An INATBA member since 2023, Nexo promises to remain deeply involved in shaping the future of digital finance. Honored to have the Nexo Card named Most Exciting Payments Solution of 2025 at the @INATBA_org Awards ceremony.The first-of-its-kind dual-mode credit and debit card redefines how crypto meets everyday spending, seamlessly bridging digital and traditional finance.This… pic.twitter.com/JR0a8BLIy0 — Nexo (@Nexo) January 29, 2025 INATBA awards…
A prominent Bitcoin whale has suffered substantial losses, amounting to approximately $7 million, after holding a long position on Bitcoin ($BTC) for over a month on the Hyperliquid exchange. The losses stem from both the market’s ongoing downturn and the high leverage used in the trade, highlighting the risks associated with large, leveraged positions in volatile market conditions. As the market fell further, this whale who was long $BTC on #Hyperliquid has lost ~$7M!He’s been holding on for one month and has incurred more than $1M funding fees.https://t.co/7LK4HQxxb3 pic.twitter.com/qhe4zUZ0ja — Lookonchain (@lookonchain) January 13, 2025 According to Lookonchain,The whale took…
The Federal Reserve is widely expected to keep interest rates unchanged as its two-day policy meeting concludes on January 29. Investors are nearly unanimous in anticipating that the Fed will maintain rates within the current 4.25% to 4.5% range, according to market pricing data. As reported by the Wall Street Journal, today marks the end of the first Federal Open Market Committee (FOMC) meeting of 2025, with the Fed set to meet seven more times in 2025. Chairman Jerome Powell will reportedly address the public after the talks, in a press briefing scheduled for 7:00 PM GMT. The FOMC meeting…
The “official” memecoin of incoming U.S. President Donald Trump has boosted interest in Solana (SOL), leading to a surge in both its price and trading volume, which in turn helped the total dollar value locked (TVL) on the network top $10 billion for the first time since the collapse of FTX. Donald Trump’s choice of issuing the memecoin on Solana helped SOL rise more than 23% since its announcement, moving the cryptocurrency’s price to a new all-time high and boosting the dollar value locked on its smart contracts. Data from DeFiLlama shows TVL on Solana is now at $12 billion,…
Federal Reserve chair Jerome Powell has beef with Washington’s newest, most powerful couple: Mr. Elon Musk and Mr. President Donald Trump. The latter consistently slams him publicly and demeans him, while the former wants to cut his team’s spending by at least 40%. While they both haven’t explicitly said it ever, it’s fair to assume that the president and his ‘First Buddy’ don’t like Powell very much. But hey, the feeling is quite mutual. Though Powell would never say it, you can see it in his eyes when he’s asked about Elon or Trump. It’s just not his style to…
Kraken, one of the longest-standing crypto exchanges, has reinstated blockchain staking products for many of its American customers, another sign that the previously sclerotic environment for crypto assets in the U.S. is rapidly thawing. Customers across 39 eligible states will be able to use Kraken Pro to take part in bonded staking, where tokens are locked up for certain periods of time depending on the blockchain in question, Kraken said on Thursday. Donald Trump in the White House has signaled the end of draconian measures against crypto put in place during the previous administration, particularly what was imposed by the…