Author: NBTC
President Donald Trump’s administration has officially started executing plans for its federal crypto strategic reserve, and step one is figuring out exactly how much crypto the US government already owns, according to a report from the Journal. A month into a six-month planning phase, Trump’s interagency working group is reportedly doing a full audit of existing crypto holdings, which include assets seized from criminals. Trump first floated the idea of a government-backed crypto stockpile last summer during his campaign, and in January, he signed an executive order to begin laying the foundation. Bo Hines, executive director of the working group,…
Amid relatively quiet market conditions, a key metric for the Shiba Inu layer-2 network Shibarium is exploding, raising questions about what is going on. Specifically, over the past week, the number of wallet addresses on the Shiba Inu-focused Ethereum Layer 2 has jumped over 490% from about 9.4 million on Monday, February 17, to over 55.7 million at the time of writing on Monday, February 24. The feat is made more interesting by the fact that other key Shibarium metrics have remained low within the period. For one, new transactions on the network have plummeted over 90% in the last…
The United States is undisputedly the leader of global innovation. From technology, to agriculture, to finance, we stand alone. We have retained this position not because we force innovators to adopt our values, but because we allow entrepreneurs, who hold these values, to build in the United States free from government interference and excessive regulations. These aren’t Republican or Democrat ideals – they’re American ones. Nowhere is this more apparent than in cryptocurrency. Cryptocurrency empowers individuals to take ownership of their financial futures. It enables economic freedom, ensuring that all Americans – regardless of their background – have access to…
KyberSwap, a popular decentralized exchange and automated market maker, has announced a new partnership with NEAR Protocol, a decentralized blockchain to develop and run apps. The partnership takes into account the integration of NEAR Intents, a cutting-edge transfer framework built by NEAR Protocol, to offer matchless asset swaps. The platform took to its official X account to reveal this integration. KyberSwap x NEAR ProtocolA Seamless Future for Cross-Chain Swaps 🩶💚We’re excited to announce a major upgrade to KyberSwap: the integration of NEAR Intents, a cutting-edge transaction framework by @NEARProtocol ! This collaboration brings seamless cross-chain liquidity and… pic.twitter.com/z0Pbfbwa3T — Kyber…
Bitcoin (BTC) dipped below $89,000 during Tuesday’s early European hours as Nasdaq futures pointed to continued losses in technology stocks and strength in the Japanese yen sparked fears of an August-like risk aversion. The leading cryptocurrency hit a low of $88,500, a level last seen in mid-November, CoinDesk data shows. The losses follow recent reluctance to adopt state-managed bitcoin reserves in the U.S. “Despite U.S. President Donald Trump’s recent pro-Bitcoin stance, three state-level proposals for Bitcoin reserves failed in Montana, North Dakota, and Wyoming. The reluctance to adopt state-run Bitcoin reserves underscores the political risks, as policymakers avoid accusations of…
Movement is excited to announce its groundbreaking collaboration with Gauntlet, aiming to reshape the landscape decentralized finance (DeFi). This strategic partnership strives to enhance the efficiency, security, and growth of the Movement ecosystem. This advancement is experienced by utilizing the crypto-economic expertise of Gauntlet along with its cutting-edge modeling abilities. Movement 🤝 @gauntlet_xyzThe DeFi risk and protocol optimization wizards at Gauntlet are working with Movement to drive ecosystem growth.Here’s why that’s big 👇 pic.twitter.com/FLoLbr0nD0 — Movement (@movementlabsxyz) March 5, 2025 Movement, a platform for modular DeFi infrastructure, has witnessed this synergy via its official X account. The other ally, Gauntlet,…
Russia could develop a cryptocurrency reserve within one to three years, a top mining executive claims, as U.S. policy shifts fuel global interest in crypto’s financial potential. Crypto Reserve in Russia? Industry Insider Says It Could Happen in 1-3 Years As more countries consider buying bitcoin following U.S. President Donald Trump’s plan to make the United States the crypto capital and establish a bitcoin and cryptocurrency reserve, Russia may also move in a similar direction. Oleg Ogienko, Deputy CEO of Bitriver, a Russian mining datacenter operator, stated that Russia could develop a cryptocurrency reserve within one to three years, provided…
IOTA is pushing new frontlines in the EU with new partnerships. To bolster its push toward mass adoption, the IOTA rebased innovation is set to soar soon. IOTA, a leading open-source distributed ledger technology, continues to form key strategic partnerships with the European Union (EU). IOTA’s collaboration in the EU is part of its broader mission to drive real utility and secure mass global adoption. IOTA’s New Partnership in the EU Popular Angel investor with the username @Walknonthemoon on social media platform X highlighted IOTA’s EU collaborations. According to Walknonthemoon, IOTA, through the strategic partnership will support EU and UK-backed…
Thai police have raided the offices of five unlicensed cryptocurrency firms, arresting 11 employees as part of a wider crackdown on illicit crypto-related activities within Thailand. Officers from the Economic Crime Suppression Division (ECD) had received warrants to search the premises of five companies operating in the provinces of Nakhon Pathom, Samut Sakhon and Bangkok. ECD commander Thatphum Jaruprat said that the 11 arrested individuals included a mix of executives and less senior employees, with police also seizing six computers and other evidence. An investigation by the ECD had determined that the arrested individuals had been illegally operating e-money firms…
Crypto: The Game—the Survivor and Squid Game-style virtual competition that went viral on Crypto Twitter early last year—is returning for its third season with a few twists in tow. As with seasons past, Crypto: The Game – Resurrection Island will assign players to one of 10 tribes, where they’ll participate in a series of daily elimination challenges. In previous seasons, these challenges have included online games and other tasks, with some real-world elements woven in. Participants are voted out at each stage of the competition until one player is left standing. However, Season 3 will feature some fresh gameplay mechanics,…