Author: NBTC
Bitfinex securities is planning to issue tokenized Bitcoin Mining Note BMN2 from El Salvador under the Salvadorian law in 2025. Bitfinex’s Bitcoin Mining Note (BMN2) Bitfinex Securities lanzará importantes productos tokenizados desde El Salvador en 2025https://t.co/d5vzkoTj9a — Paolo Ardoino 🤖🍐 (@paoloardoino) January 30, 2025 According to local media reports, Bitfinex Securities Chief Operating Officer Jesse Knutson stated that the company plans to issue the Blockstream Mining Note 2 (BMN2) in El Salvador in the first quarter of this year. BMN2 is a tokenized financial product that allows investors to earn Blockstream company’s Bitcoin mining rewards through holding. The previously issued…
Bitcoin removes middlemen, offering faster and smoother payments compared to traditional systems like Apple Pay and Google Pay. Unlike traditional payments, Bitcoin ensures privacy and security by avoiding banks and centralized servers in transactions. Direct wallet-to-wallet transfers make Bitcoin a cost-effective and reliable solution for fast global payments. Bitcoin’s direct wallet-to-wallet payment process eliminates intermediaries, providing a faster, secure, and efficient alternative to traditional payment methods. Apple Pay and Google Pay involve complex layers, including chips, servers, and banks, which increase processing steps and dependency on middlemen. Bitcoin, in contrast, streamlines transactions into a single step, ensuring unmatched efficiency. This…
Nick Timiraos, a Wall Street Journal reporter who is referred to as the “Fed’s spokesman,” drew attention to the Fed’s current stance, stating that officials are currently focused on evaluating whether to lower interest rates from the highest level in the last 20 years. According to the journalist, the FED has adopted a “wait and see” approach to interest rates, signaling a pause in the ongoing interest rate cut process. At its policy meeting this week, the Fed decided to leave the federal interest rate unchanged after a series of three rate cuts that began in September when interest rates…
Bitcoin risks a significant drop as the Bitcoin-to-Gold ratio hits resistance. Key levels near $102,000 could trigger a decline toward $65,000–$69,000. A breakout above $102,000 may propel Bitcoin toward $150,000, defying bearish signals. Bitcoin’s impressive surge in 2024 may soon face a major correction. Analysts warn of a potential 35% decline as key market indicators signal trouble. The Bitcoin-to-Gold ratio has entered a historically significant range. This level has often marked market tops in previous cycles. Traders should closely monitor resistance levels that could trigger sharp price drops. #Bitcoin Correction Fractal UpdateThe resolution is near. pic.twitter.com/WlTG7I6gM0 — Titan of Crypto…
Seven months after controversial streamer Dr. Disrespect was booted from his own game studio for alleged misconduct, Deaddrop game developer Midnight Society confirmed Thursday that it is shutting down. “Today, we are announcing Midnight Society will be closing its doors after three incredible years, with an amazing team of over 55 developers contributing to our new IP Deadrop,” the company wrote on X (formerly Twitter) Thursday afternoon. The confirmation comes after Midnight Society Level Designer Brad Boice posted on social media earlier Thursday that employees had been given two days notice of an imminent closure. pic.twitter.com/26DK9pWCaR — Midnight Society (@12am)…
A user created nearly 18,000 tokens via memecoin launchpad Pump.fun, raking in almost $3.8 million in profits from trades, according to Conor Grogan, head of product business operations at Coinbase. Grogan highlighted that this user creates an average of 12 tokens per hour until he goes to bed and repeats the process the following day. According to a Dune Analytics dashboard by user Evelyn233, the wallet’s first mint on Pump.fun happened on Nov. 6, 2024. This wallet is the largest token deployer on the launchpad. Notably, the wallet has a 55.57% win rate on its roughly $6.8 million in trades,…
Sui’s scalability model supports high-performance applications with exceptional efficiency. Dogecoin highlights the potential of community-driven assets to sustain growth. Rexas Finance and Chainlink provide lucrative solutions through DeFi and smart contract integration. Markets are still very volatile and this has resulted in high opportunities, especially with altcoins which show a high return on investment. Sui (SUI), Dogecoin (DOGE), Rexas Finance (RXS), and Chainlink (LINK) are among the most promising altcoins that could attract a lot of investors to achieve extraordinary gains. These digital assets have some distinctive characteristics and novelties in technologies and that’s why people are focusing on these…
Unofficial Game Theft Auto-themed meme coins continue to flood onto Solana, with a handful of new takes like GTA 6 Coin and GTA Guy reaching higher than a $1 million market cap in the last day. Much like other meme coins, which are inherently risky and volatile, both tokens have fallen more than 90% off their peak to market caps of $69,000 and $12,000 respectively. Though just two of the latest examples, the pair are among dozens of Grand Theft Auto-themed meme coins that have been launched via the popular Solana token launchpad, Pump.fun. Searching for “GTA” or “Grand Theft…
Kickstarting his second chance, Ross Ulbricht wants to launch a crypto venture. Beyond earlier donations to guarantee his freedom, VCs note any new venture and its prospects. Silk Road founder Ross Ulbricht, recently freed from prison, is reportedly preparing to return to the crypto market. According to reports, Ulbricht is soliciting funds to establish a new crypto firm. Is Ross Ulbricht Back to the Crypto Market? VC firms, including a16z and Paradigm, claim that the initial valuation for Ulbricht’s new crypto venture could stretch to over $1 billion. These firms cited Ross’ killer mentality and track record for their bold…
As the official memecoin of the second Donald Trump presidency flirts with a market cap of $10 billion, and Melania Trump, the next first lady, launches her own, Balaji Srinivasan, the former CTO of Coinbase, said in a thread on X that this whole category of tokens could be equated to gambling. A memecoin is a zero-sum* lottery.There is no wealth creation. Every buy order is simply matched by a sell order. And after an initial spike, the price eventually crashes and the last buyers lose everything.* It’s actually negative sum if the platform takes a cut. — Balaji (@balajis)…