Author: NBTC
A proposed bill aims to block a government-controlled digital currency, warning it could grant officials total financial surveillance, erase savings, and force spending—just like China’s digital yuan. No CBDC Act: The Bill That Could End Government-Controlled Digital Money U.S. Senator Mike Lee (R-UT) announced on Feb. 6 that he has reintroduced the No CBDC Act, a bill aimed at preventing the Federal Reserve from issuing a central bank digital currency (CBDC). The bill is co-sponsored by Senators Ted Cruz (R-TX) and Rick Scott (R-FL) in the Senate, with Representative Andy Ogles (R-TN) introducing a companion measure in the House. The…
Bitcoin’s computational backbone has shattered records once more, clocking in at 852 exahash per second (EH/s) in February 2025, heralding the dawn of the zettahash epoch with an impending 14.8% amplification. Hashrate Hyperdrive: Bitcoin Defies Sluggish Traffic to Blast Into Uncharted Territory On Feb. 8, 2025, Bitcoin’s processing velocity eclipsed its prior pinnacle of 840 EH/s—achieved mere days earlier—soaring to 852 EH/s. Block intervals linger near nine minutes and twenty-four seconds, while the protocol braces for a computational recalibration tomorrow, now 67 blocks away. Source: hashrateindex.com Estimations forecast a 6.38% uptick in mining difficulty, though final figures may diverge. The…
Georgia, birthplace of wine, uses blockchain with Cardano to track bottle journeys, ensuring quality and fighting counterfeit fraud, in a nutshell. More than 30 wineries in Bolnisi record each bottle’s journey on Cardano blockchain, bolstering authenticity and elevating market trust globally. Georgia, often hailed as the birthplace of wine, boasts a winemaking history stretching back thousands of years. Its traditional fermentation methods, such as the use of qvevris—large clay vessels—create wines with distinctive flavors that stand out in the global market. The Georgian wine industry, valued at $260 million in exports, now has a game-changing tool at its disposal. Partnering…
Economic collapse is here, warns Rich Dad Poor Dad author Robert Kiyosaki, urging investors to seize assets like bitcoin as markets crash. Robert Kiyosaki Declares Crash is Upon Us—Bitcoin is His Weapon of Choice Robert Kiyosaki, author of Rich Dad Poor Dad, has reiterated his predictions of an economic collapse, referencing insights from his 2013 book Rich Dad’s Prophecy. Rich Dad Poor Dad, co-authored with Sharon Lechter in 1997, has sold over 32 million copies in more than 51 languages across 109 countries and remained on the New York Times Best Seller List for over six years. Kiyosaki stated on…
While Ethereum (ETH) has taken the brunt of the recent declines, analysts are not in a clear consensus on the ETH price. While some say the decline could continue to lower levels, some analysts predict that a rise is on the way. At this point, one of the analysts who was bullish was CryptoQuant analyst Amr Taha, who argued that increasing Ethereum outflows on crypto derivatives exchanges were a bullish signal. The analyst said that the amount of Ethereum withdrawn from crypto derivatives exchanges has reached its highest level since August 2023, which is a positive signal for the ETH…
Fraktion, a platform specializing in real-world asset (RWA) tokenization and fractionalization, has secured €1.1 million in seed funding, as reported to Finbold on February 6. Chief investors included Cabrit Capital, Tezos Foundation (XTZ), and Vox Capital, alongside industry veterans such as Olivier Huby (formerly of MFEX), Andréa Bensaïd (Eskimoz), and Guillaume Mayot (Lukeion). The company will use the funds to further advance its technology and expand its footprint in the RWA sector. Democratizing investment opportunities Founded on the Tezos blockchain in 2023, Fraktion chose the Layer-1 (L1) network for its high performance and low transaction costs. Its platform is designed…
Yat Siu announced the next phase of 300,000 MOCA tokens, with winners selected through the KIP Protocol AI. On Jan. 13, Yat Siu, co-founder and executive chairman of Animoca Brands, announced the requirements for the second phase of the Moca Network (MOCA) token airdrop, which will distribute 300,000 MOCA tokens to Mocaverse community members. Yat Siu recently shared details about the airdrop on X, outlining the steps for participation. To join, users must submit their MOCA ID, share their thoughts on Mocaverse, and complete specific tasks, such as following and retweeting the announcement. 1/ Announcing the details of the 2nd…
The White House’s Crypto Czar David Sacks says the Trump administration may provide regulatory clarity for digital assets within six months. In a new discussion on the All-In Podcast, Sacks says the key thing for US regulators to look at when it comes to crypto is market structure, or defining the different assets within the digital asset ecosystem so that founders can build with more clarity. “It’s called ‘market structure.’ What are the definitions going to be? Because digital assets can be many things. Some digital assets are cryptocurrencies, they’re actually currencies. Then there are things that are crypto securities,…
The Algorand Foundation has publicly called on Elon MUSK’S Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a February 4 post on the X platform, the foundation highlighted how Algorand’s technology could improve transparency, particularly in tracking federal spending. According to Algorand, its blockchain is built with quantum-resistant security, making it ideal for protecting sensitive government data and preventing unauthorized access. The foundation’s announcement follows several reports of DOGE’s growing interest in using blockchain solutions for government. Last month, reports emerged that the organization was looking at blockchain technology as a tool to reduce government…
Bitwise Asset Management has released its January 2025 Bitcoin Macro Investor Report, outlining the current challenges and long-term potential for Bitcoin. While the cryptocurrency market is facing macroeconomic resistance, the report notes that Bitcoin is supported by on-chain data and is well-positioned to outperform traditional assets in 2025 and beyond. In December 2024, Bitcoin faced obstacles from profit-taking, declining corporate exposure, and a tightening financial environment. The appreciation of the US dollar and policy adjustments by the Federal Reserve further weighed on the market. The Fed cut interest rates by 25 basis points last month, signaling that future rates could…