Author: NBTC
Peter Schiff, a noted macroeconomic analyst and gold advocate, recently shared his perspective on Japan’s economic policies, while also expressing strong skepticism about the concept of Bitcoin (BTC) as a strategic reserve. Noting that the Bank of Japan’s efforts to raise inflation over the past decade have backfired, Schiff suggested that the economy would have been in better shape if inflation had remained below 2% rather than above 3.4% as it is now, a scenario that he believes would have prevented the accumulation of major government debt. In response to a follower’s suggestion that several countries, including the United States,…
After Melania Trump launched her own memecoin on Sunday, positioned as a rival to $TRUMP, Donald Trump’s memecoin saw a 40% drop before rebounding. “The official Melania meme is live,” the incoming first lady of the U.S. posted to X, with a link to a website selling the cryptocurrency. “You can buy $melania now.” Within hours, the price of the digital asset jumped to more than $12—with an accompanying market cap of more than $12 billion, according to cryptocurrency tracker DEX Screener. Following the crash, $TRUMP surged back above $64. Robinhood has officially listed $TRUMP on its exchange. Additionally, Donald…
The ongoing legal battle between the SEC and Ripple Labs has been one of the most closely watched cases in the cryptocurrency world. As the case continues to develop, experts and industry insiders are speculating about the possible outcomes and their broader implications for the future of crypto regulation in the United States. In an interview with Thinking Crypto, Crypto supporter, attorney and founder of Crypto Law John Deaton weighed in on this matter and opened up about three scenarios The Appeal Continues One of the paths for the SEC vs Ripple case is that the appeal process could continue.…
Justin Sun-advised HTX recently received $500 million worth of Tether (USDT), which it quickly moved between addresses and then distributed to various non-HTX addresses. HTX distributes a tool to help verify its proof-of-reserves process, and a review of that address shows that as of January 1, HTX disclosed $696 million total USDT. This was largely made up of $552 million USDT-aETHUSDT — Tether lent on AAVE — meaning HTX only had approximately $145 million USDT that wasn’t lent out. That is until yesterday when it received $500 million directly from the Tether Treasury to TDToUxX8sH4z6moQpK3ZLAN24eupu2ivA4. This address was included in…
HeLa Space has announced a new partnership with Cluster Protocol. HeLa Space posted the announcement on their official X account, creating widespread attention from technology professionals. We’re thrilled to announce our newest community collaboration with @ClusterProtocol!Cluster Protocol is revolutionizing AI with blockchain integrity. Proof of Compute and Deploy to earn ensures that every byte counts.Collaboration for success and beyond!🔥#HeLa #Layer1… pic.twitter.com/xy1fKMnwd8 — HeLa Space 🍀 (@HeLa_Labs) January 28, 2025 Cluster Protocol Integrates AI with Blockchain Technology Cluster Protocol successfully merges AI technology with blockchain systems. Their special Proof of Compute and Deploy to Earn system makes sure all collected data…
Bitcoin shot back to $97,044 on Tuesday, climbing 4.5% in a single day after plunging below $90,000 earlier in the week. The broader crypto market followed suit, with the CoinDesk 20 index rising 3.9%. Traders scrambled to reposition after new inflation data pointed to a cooling economy, triggering a risk-on rally across both cryptos and equities. Major crypto-adjacent stocks also rallied. Coinbase gained over 3%, while MicroStrategy added more than 5%. Mining companies like Mara Holdings and Core Scientific posted similar jumps, climbing roughly 5% as investors capitalized on the upward momentum. Inflation numbers change sentiment The Bureau of Labor…
Charles Hoskinson, the founder of Cardano, and one of the more influential people in the blockchain industry, has recently shared ambitious plans he has for the Cardano project in 2025. In a short X post, he said that this year, he will be “deeply” focused on three big things for Cardano: Bitcoin decentralized finance (DeFi), scalability with Leios, and a potential partnership or integration with ChainLink. Bitcoin DeFi on Cardano DeFi is a service that first emerged on Ethereum. It is still the strongest on this chain but others, such as Solana, have successfully disrupted this nascent industry. In fact,…
Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aimed at overturning a controversial rule from the Biden administration that critics say could harm the U.S. cryptocurrency industry, the two lawmakers announced on Jan. 22. The rule, finalized by the Internal Revenue Service (IRS) on Dec. 30, 2024, redefines participants in decentralized finance (defi) as “brokers,” subjecting…
Singapore-based exchange Crypto.com has secured a MiCA license from authorities in Malta after receiving provisional approval in mid-January. The Malta Financial Services Authority has awarded a Markets in Crypto-Assets Regulation license to Crypto.com’s Malta-based subsidiary, making the company one of the first major crypto exchanges to achieve regulatory approval under the European Union’s licensing framework. Securing a MiCA license from the MFSA allows Crypto.com to compliantly passport its services across the European Economic Area, which comprises 27 individual member states. You might also like: Crypto.com grabs provisional MiCA license Eric Anziani, President and COO at Crypto.com, remarked that the company…
The Sui blockchain is making strides in improving accessibility by enabling transactions through SMS. On Jan. 27, Mysten Labs Co-Founder and Chief Cryptographer Kostas Kryptos Chalkias shared a demo showcasing how SMS-based transactions function on the SUI network. Mysten Labs is the developer behind the Sui Layer 1 blockchain network. Adeniyi Abiodun, another Mysten Labs co-founder, confirmed the upcoming launch of this feature. He highlighted its potential to make decentralized payments and rewards more accessible. In an X post, Sui echoed the sentiment, saying: “[This] is an industry-changing product, which has huge implications for payments, DeFi, rewards, gaming and more!”…