Author: NBTC
Genius Group has announced a $33 million rights offering. The company will use net proceeds from the sale to buy Bitcoin. Genius Group holds $35 million in BTC and could see holdings rise to $86 million with plans for additional $20 million loan. Publicly-listed artificial intelligence firm Genius Group plans to raise $33 million to buy additional Bitcoin (BTC) as part of its BTC treasury. Genius Group announced on Jan. 14 that the company’s board of directors had approved a rights offering plan for $33 million. The company will use net proceeds from the shares sale to purchase more Bitcoin.…
Ethereum is experiencing a gradual recovery as its price climbs above $3,100. This marks a 2.3% increase over the past day. However, the asset remains in a state of overall decline, down 3.3% over the week. While this modest rebound offers some relief, Ethereum is still grappling with the effects of an overall bearish trend. The ongoing price movement has prompted some analysts to revisit Ethereum’s underlying on-chain metrics to understand what may lie ahead for the cryptocurrency. One key area of focus is Ethereum’s spot exchange reserves. According to a recent analysis by Cryptoavails, a contributor to the CryptoQuant…
Following the launch of the Donald Trump and Melania Trump memecoins, some industry players think there may be a whole Trump family tree of memecoins to come. Peter Schiff, a prominent financial analyst and Bitcoin critic, said, “I assume that soon the rest of the Trump family will be launching their coins. At least it’s all above board, which is an improvement over how the #Biden family cashed in.” Other crypto proponents shared photos of Trump’s family tree while implying there are still opportunities for the family to launch more memecoins. Read more: MELANIA rugs TRUMP, rearranges CoinMarketCap homepage Last…
The revolutionary gaming platform Arena of Faith (AOF) launched its native token known as $ACP to mark a new beginning for MOBA (Multiplayer Online Battle Arena) gaming. The integration of $ACP into AOF expands the platform through advanced AI-driven technology, decentralized financial systems, and active community Arena of Faith has officially launched $ACPThe Arena of Faith ecosystem is leading a new era for MOBAs worldwide, with @moba_aof available on desktop and mobile.Powered by $ACP, Arena of Faith is redefining gaming with AI-driven experiences, decentralized settlements and a… pic.twitter.com/08hhipfM3T — Immutable (@Immutable) January 29, 2025 Transforming Gaming with $ACP The foundational…
Bybit Pay launches in Brazil, enabling seamless crypto and fiat payments for over 60M users. Brazilian merchants gain access to Bybit’s global user base, supporting crypto and fiat payments. Bybit Pay offers secure, blockchain-backed transactions with multi-currency wallet functionality. Bybit has initiated Bybit Pay operations in Brazil as its authoritative cryptocurrency exchange merges digital currencies with traditional financial services. When Bybit Pay connects to Brazil’s Pix instant payment system, users can access a multi-functional payment platform. The platform now allows verified users to perform frictionless transactions in Brazilian reais (BRL) alongside major digital currencies such as Bitcoin (BTC), Ethereum (ETH),…
The Web3 leader Inspect, together with Klink Finance, formed an influential partnership that brings together their renowned real-time social analytics and gamified blockchain capabilities. The partnership demonstrates major progress toward decentralized interaction technology by bringing together Klink’s blockchain innovation and Inspect’s expertise in social analytics. We’re excited to announce our partnership with @klinkfinance , the platform bringing gamified savings and blockchain innovation to the forefront. Together, we’re merging Inspect’s real-time social insights with Klink’s groundbreaking tools to redefine how users interact with… pic.twitter.com/xmG85RFn6I — Inspect (@inspectxyz) January 27, 2025 By joining forces, this partnership creates new methods that allow Web3…
In a recent tweet, Bitcoin historian Pete Rizzo brought attention to one of the earliest statements believed to have been made by Bitcoin’s pseudonymous creator(s), Satoshi Nakamoto. Rizzo shared a particular statement that dates back to Jan. 14, 2009, in which Satoshi highlighted the promise of Bitcoin. “Satoshi Nakamoto on the promise of Bitcoin, exactly 16 years ago. True at $0, true today,” Rizzo wrote. ✨ Satoshi Nakamoto on the promise of #Bitcoin, exactly 16 years ago. True at $0, true today 💫 pic.twitter.com/oqBTVnyFPu — The Bitcoin Historian (@pete_rizzo_) January 14, 2025 The statement made by the Bitcoin founder goes…
Ethereum price struggled to continue higher above $3,220 and dipped. ETH is now consolidating losses and might face resistance near the $3,200 zone. Ethereum started a fresh decline below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,220 level. Ethereum Price Dips Again Ethereum price started a fresh decline below the $3,250 and $3,200 levels, like Bitcoin. ETH even declined…
In a recent tweet, Ripple CTO David Schwartz has shared his perspective on “rug pulls” in the cryptocurrency space. Schwartz’s recent insights aim to clarify what constitutes a rug pull, a type of crypto scam. Schwartz began by sharing this observation: “I see a lot of people using the term ‘rug’ in contexts where I wouldn’t use the term.” He then explained his understanding of what defines a rug pull. I see a lot of people using the term “rug” in contexts where I wouldn’t use the term. Here’s what I understand constitutes a “rug”:1) When the founders, devs, or…
The following is a guest post from Kin Wai Lau, CEO at ZKcandy. AI agents are making headlines, yet many still don’t realize just how powerful they really are. Most attention these days goes to AI influencers who post on X without human control, trying to pump tokens they’ve launched. This media buzz makes sense, but agents’ true potential spans far beyond that. In gaming, where interactivity and unpredictability are most valued, AI agents spur nothing short of a revolution. They are creating games with user-dependent content, where players shape their own stories. This approach breaks the limits of traditional…