Author: NBTC

NEW YORK/SINGAPORE/PARIS, Jan 24 (Reuters) – Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.S. cryptocurrency stockpile. Bitcoin has been broadly steady since Trump took office on Monday, pushing the world’s biggest cryptocurrency to a fresh record of $109,071. It was last trading around $106,000 on Friday as some of the euphoria around a hoped-for revolution in cryptocurrency regulation ebbed. Bitcoin had been one of the most spectacular “Trump trades,”…

Dennis Porter’s update signals SAF’s ongoing work to secure Bitcoin’s place in U.S. policy. In a recent tweet, Dennis Porter, CEO and co-founder of Satoshi Action Fund, shared that the organization has raised $300,000 of its $500,000 fundraising goal, with two weeks remaining in the campaign. This announcement reflects SAF’s ongoing efforts to advocate for Bitcoin-friendly legislation at both state and federal levels, ensuring that Bitcoin (BTC) has a place in future regulatory frameworks. BREAKING: Satoshi Action has now raised $300,000 out of our 60 day $500,000 goal. We have two weeks left! — Dennis Porter (@Dennis_Porter_) January 15, 2025…

The cryptocurrency market experienced significant gains this week, led by standout performers like $XCN, $NEW, and $FARTCOIN. These tokens saw remarkable price increases, reflecting a bullish sentiment in the market and highlighting diverse opportunities for traders and investors. TOP GAINERS OF THE WEEK $XCN $NEW #FARTCOIN $DEEP $ARC $BUZZ $OXY $ELON $M3M3 $DEFI $AIXBT #GRIFFAIN $RAY $XPR $SOL pic.twitter.com/biYClC6N2q — PHOENIX – Crypto News & Analytics (@pnxgrp) January 20, 2025 According to Phoenix Group,Chain ($XCN) emerged as the top gainer of the week with a staggering 419.8% price increase. Trading at a market cap of $421.8 million, $XCN’s surge underscores…

Blockchain protocol Chain is considering legal action against TRON founder Justin Sun after he accused the company of market manipulation. Chain, a blockchain firm backed by over $40 million from investors including Pantera Capital and Citigroup,has threatened legal action against Sun following allegations of market manipulation. In an X post on Jan. 24, Sun claimed that Chain was using “high leverage and contract that could cause serious harm to many exchange users.” XCN @chain is currently engaging in significant market manipulation. They are using high leverage and contract that could cause serious harm to many exchange users. I recommend that…

Bitcoin ($BTC) market has seen another significant development in terms of short-term holdings. As per IntoTheBlock, the short-term holdings of Bitcoin have dipped to their lowest spot since November’s mid, indicating a likely consolidation period. The crypto data and analytics provider discussed the current Bitcoin plunge on its official social media account. The amount of Bitcoin held by short-term traders has reached its lowest level since mid-November. This suggests a decrease in interest from speculative traders, alongside fewer new market entrants, indicating a consolidation phase as investors await clearer directional cues pic.twitter.com/zvD1Gtckuf — IntoTheBlock (@intotheblock) January 14, 2025 Short-Term $BTC…

A Hong Kong court successfully executed an injunction against two cryptocurrency wallets using tokenized technology. This precedent-setting move involved serving the order, which froze $2.66 million worth of tether stablecoins. Execution of Tokenized Notice Boosts Hong Kong’s Tech Appeal In what has been described as a precedent-setting move, a court injunction issued by a Hong Kong court and sent to two cryptocurrency wallets using tokenization technology was successfully executed. The order, which prohibits the sale or transfer of USDT stablecoins worth $2.66 million, was issued in early December 2024. According to a South China Morning Post (SCMP) report, the plaintiff,…

NextMate.AI, a decentralized, AI-driven prediction market platform with a strong focus on memecoin culture, has announced that it is set to join the Neo X ecosystem. NextMate.AI’s goal is to serve as a catalyst for Web3 mass adoption by making decentralized predictions more accessible and engaging. Features NextMate.AI aims to create a community-centric environment by combining predictive analytics, artificial intelligence, and gamified interactions. NextMate.AI offers a range of features, including: Personalized prediction market creation – Enabling users to design custom events based on real-world outcomes AI-powered insights – Providing data-driven forecasts and analysis to support decision-making Memecoin integration – Bringing…

Developers on the Ethereum layer-2 network Ronin are set to get an AI agent tool to enhance their games later this year. The integration with NRN Agents will kick off with a “proof-of-concept demonstration” in February before rolling out across the gaming ecosystem. This could bring “entirely new levels of immersion” to games, the creators of the AI tool say. NRN Agents, a research and development lab for AI agents, was created by ArenaX, the developers of fighting game AI Arena. As such, AI Arena will be used to show-off the potential of the NRN Agents. Ronin players will be…

Ubisoft, the massive gaming brand behind the Assassin’s Creed and Just Dance franchises, will drop a new series of avatars this week for Ethereum metaverse game The Sandbox—and this time around, they’re also based on a Web3-native game. Avatars based on Champions Tactics: Grimoria Chronicles—an original blockchain game released by Ubisoft last fall—will be released for The Sandbox as NFTs on Ethereum scaling network Polygon. The Champions Tactics NFT avatars will be released on Wednesday, January 29, with the avatars selling for 170 SAND ($88) to people on the allowlist, or 180 SAND ($93) in the public sale for any…

Bitcoin could see a surge toward $200,000 in 2025, analysts say, as markets anticipate key U.S. inflation data and institutional capital flows drive momentum. Scheduled for release at 8:30 am ET Wednesday, the December Consumer Price Index (CPI) is expected to show a year-over-year increase of 2.9% and a monthly rise of 0.3%, according to MarketWatch data. Core CPI, which excludes food and energy, is projected to grow 0.3% month-over-month. Anticipated CPI data is critical for understanding inflation trends and how they might influence Federal Reserve monetary policy. Lower or stabilizing inflation could prompt the Fed to ease its aggressive…