Author: NBTC

Famed investor and Bitcoin advocate Anthony Pompliano has offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” Famed investor and Bitcoin advocate Anthony Pompliano offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” 1. Repeal SAB 121 In a video posted on Jan. 14, Pompliano, CEO of Professional Capital Management, outlined three actions Trump could take to push Bitcoin (BTC) prices “much, much higher.” His first recommendation was to repeal Staff Accounting Bulletin No. 121 (SAB 121), which prevents banks from holding digital assets…

Pudgy Penguins NFTs and PENGU, the ecosystem’s Solana token, have fallen sharply in the last 24 hours since its parent company launched Abstract, a consumer-focused Ethereum layer-2 network. PENGU has fallen 24% during that time and 49% in the last 30 days to $0.0173, dropping it outside the top 100 crypto assets by market cap according to CoinGecko. The Solana token has fallen to its lowest price since the volatile launch day in December. Meanwhile, the original Pudgy Penguins NFTs on Ethereum have experienced a similar decline, dropping just under 20% in the last 24 hours, and 39% on the…

Recently, some companies in the cryptocurrency market have been accused of preventing Bitcoin from being declared a strategic reserve currency in the United States. Ripple (XRP), which has been accused of similar allegations, stands out. Following US President Donald Trump’s speeches implying that US-based cryptocurrencies are in an advantageous position, Ripple CEO Brad Garlinghouse, according to unproven claims, advocates the idea of a reserve in the US that includes many altcoins instead of a Bitcoin Strategic Reserve, and opposes the idea of a reserve consisting of a single BTC. However, the White House recently announced the creation of a working…

Cashing in on President Donald Trump’s meme coin may not have been as easy as it sounds. Solana-based applications like the decentralized exchange Jupiter and digital wallet Phantom experienced degraded performance Sunday, with users reporting issues not long after First Lady Melania Trump’s own meme coin caused Official Trump’s (TRUMP) price to plummet. As markets mulled the first lady’s move, Phantom said on X that user activity had thrown off its platform’s stability. A few hours later, Phantom said its systems had rebounded from an “unprecedented surge in activity,” with users swapping $1.25 billion worth of digital assets over the…

In an interview with CNBC, BlackRock CEO Larry FINK called on the SEC to approve the tokenization of bonds and stocks. He added that the move would make things easier and simpler for institutions and investors. Fink gave an example of how tokenization would help his company save costs. They would no longer have to vote by proxy again because every investor would be notified through the tokenization of the stocks. He added that the move would also save costs for investors and potential investors as it would reduce the cost of holding these stocks and bonds. In line with…

Leading asset manager VanEck plans to boost its investments into Bitcoin miners amid President Donald Trump’s pro-crypto push. Throughout the run-up to the 2024 presidential elections and the days that have followed, President Donald Trump has made it abundantly clear that he intends to prioritize the U.S.’s competitive edge in technology, with a particular focus on crypto and artificial intelligence. Unsurprisingly, investment firms are taking note. VanEck Eyes Bitcoin Mining Equities Amid President Donald Trump’s pro-crypto and AI push, $114 billion global asset manager VanEck is looking to invest more in Bitcoin miners. The firm recently disclosed this, highlighting that…

Crypto analyst MadWhale has revealed where the Bitcoin price could be headed next, having correctly predicted the BTC crash to $89,000. The analyst also explained why the flagship crypto’s current outlook is bullish, which could lead to further gains. Where The Bitcoin Price Is Headed Next In a TradingView post, MadWhale predicted that the Bitcoin price could record a 17% gain and rally to a new high of $110,000. The analyst explained that the outlook for the crypto market is largely positive. He added that there is again a surge in market volume after the usual holiday lull, which often…

The NFT and crypto space has been a rollercoaster of highs and lows, but recent tweets and discussions suggest that the market may be facing one of its most challenging periods yet. From failed projects to plummeting token values, the sentiment is overwhelmingly negative. Let’s dive into the details and analyze whether this is a temporary setback or a sign of a larger collapse. What’s Going Wrong with NFT Projects? The tweets paint a grim picture of the current state of NFT and crypto projects. Here’s a breakdown of the key issues: Abstract’s Spectacular FailureThe tweet from @charcoonchain highlights the…

Dominik Schiener, IOTA’s founder, has called out the slow pace of blockchain adoption in the EU. Experts warn the EU may fall behind if its crypto policies do not change soon. The debate over the future of digital currencies in Europe is heating up. In a recent X post, IOTA co-founder Dominik Schiener strongly criticized the European Central Bank’s (ECB) digital euro proposal. Schiener is concerned about the ECB’s reluctance to fully adopt blockchain technology, fearing it could hinder Europe’s competitive edge. He believes this hesitation could cost Europe in the global tech race. Trump’s Global Push for Dollar-Backed Stablecoins…

$CAT mirrors $PEPE’s bullish breakout pattern, with higher lows signaling strengthening buyer interest. A rally may be brewing. Breaking the descending trendline is critical for $CAT. A confirmed breakout could lead to a surge similar to $PEPE’s 2024 rally. Binance’s cat-themed memecoin $CAT shows reversal signs, drawing attention amid growing memecoin interest. Monitor breakout signals. Cryptocurrency enthusiasts are turning their attention to $CAT, Binance’s exclusive cat-themed memecoin, as it mirrors $PEPE’s prior price action. A comparison of the two tokens reveals striking similarities in their market behavior. While $PEPE completed a notable breakout in Q1 2024, $CAT seems to be…