Author: NBTC
Bitcoin now ranks as the sixth-largest monetary asset to signal the rising influence of cryptocurrencies in finance. With BTC once again approaching the 100K mark, in the latest released report, it has surpassed the UK and silver in global market value. #Bitcoin became the 6th largest monetary asset globally.It was a long journey, but worth it…#cryptocurrency#btc pic.twitter.com/ColaWM4Lg0 — Crypto Patel (@CryptoPatel) January 6, 2025 A Comparison of Top Global Assets Currently, Gold holds the top spot as the most valuable asset globally, with a market value of $16.20 trillion. Major economies like the United States and China follow, valued at…
According to data provided by Whale Alert, a popular service that tracks abnormally large cryptocurrency transactions, San Francisco-based enterprise blockchain company Ripple recently sent a total of $682 million worth of XRP to an unknown wallet. This is the first major transfer conducted by the company since Dec. 21. Back then, it sent more than $200 million XRP within two transactions. The most recent transfer dwarfs the amount of XRP the company sent throughout the entire month of December. As reported by U.Today, Ripple CEO Brad Garlinghouse recently confirmed that the company owned more than $100 billion worth of XRP…
SEC Commissioner Hester Peirce defended her approach to cryptocurrency regulation during a Bloomberg interview, prioritizing an innovation-friendly approach, rather than restrictive oversight. Peirce, head of the Securities and Exchange Crypto Task Force, said in a recent Bloomberg interview she does not consider herself to be “an advocate of the industry,” rather she is a “freedom maximalist.” She pushed back against the notion that sheis overly supportive of the crypto industry. She criticized the SEC’s current approach, arguing that the agency has placed “roadblock after roadblock” in front of those trying to engage with the system. Instead, she called for a…
CASTILE, a popular next-gen RPG game using Web3 technology, has announced an exclusive partnership with SoonChain, a well-known AI-led gaming L2 platform. The strategic collaboration aims to revolutionize Web3 game development via AIGG framework. The platform disclosed this development on its official X account. 🤝 We’re teaming up with @soonchain_ai, an AI-powered gaming L2, to redefine game development with AIGG!This collaboration will push the boundaries of innovation, shaping the future of Web3 gaming! 🚀Stay tuned for more updates!Learn more about Soonchain:… pic.twitter.com/QySXlsC2ix — CASTILE (@Castileofficial) February 12, 2025 CASTILE Collaborates with SoonChain to Innovate Web3 Game Development with AIGG Framework…
Bitcoin price is recovering losses above the $98,000 zone. BTC is gaining pace and might continue higher if it clears the $100,000 resistance zone. Bitcoin started a fresh recovery above the $97,500 zone. The price is trading above $97,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $97,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $97,500 support zone. Bitcoin Price Recovers Further Bitcoin price started a decent upward move above the $95,500 resistance zone.…
Aethir, the decentralized GPU cloud infrastructure, has launched the Aethir 2.0 update. This will further open more GPUs, prop up the AI and gaming industries, and radically change the token and governance structure. 🚀 Aethir Stage 2.0: A New Year, A New Era of Cloud ComputingBig things are happening at Aethir as we level up the world’s most extensive decentralized GPU cloud infrastructure.This next chapter is all about expansion, innovation, and community-driven growth.Aethir 2.0🧵👇 pic.twitter.com/E53ed7ho3U — Aethir (@AethirCloud) January 9, 2025 Scaling GPU Access for Global Demand Aethir 2.0 greatly increases the GPU resources available by adding new cloud hosts…
The Crypto Council for Innovation is now calling for a regulatory reset of the cryptocurrency sector under President Donald Trump to ensure the US remains competitive in this space. This landmark hearing will gather industry leaders, policymakers, and financial experts to discuss new legislative solutions that are likely to create a ‘Golden Age’ of digital assets. The hearing on crypto’s future explores the path from stifled growth to a “Golden Age” The hearing will cover current blockchain use cases, look at how the industry was stifled during President Joe Biden’s time in office, and discuss the consumer protection regulations that…
US Customs and Border Protection (CBP) has conducted an enforcement action to seize Bitcoin mining application-specific integrated circuits (ASICs) at US port entry points after receiving direction from the Federal Communications Commission (FCC). The crackdown expanded to include machines produced by MicroBT and Canaan after Bitmain’s Antminer S21 and T21 models were first stopped last year. CBP seizes Bitcoin mining units for violating AI chip trade restrictions According to reports, the CBP held the units because they contained AI chips from Sophgo, a chip firm that currently faces trade limitations. The broader examination conducted by CBP has seized extra Bitmain…
2024 was an extraordinary year for bitcoin, marked by an event of historical significance: the movement of five block rewards from 2009, which had remained untouched since they were mined. Last Year’s Genesis Echo On Sept. 20, 2024, between block heights 862,079 and 862,087, five ancient coinbase rewards, collectively worth 250 BTC, were spent. Bitcoin was exchanging hands at just above $63,000 per coin at the time. These transfers originated from legacy Pay to Public Key Hash (P2PKH) addresses, a relic of bitcoin’s early days. Transactions involving 2009 unspent transaction outputs (UTXOs) are rare, even though more UTXOs exist from…
Lejilex and the U.S. Securities and Exchange Commission (SEC) have jointly requested a Texas court to postpone oral arguments set for February 20, 2025 and delay decisions on pending motions until April 11, 2025. Lejilex’s Motion Against SEC In a motion filed on February 11, the defendants, including the SEC and its commissioners, asked the court to “remove the February 20, 2025 argument from its calendar and hold the pending dispositive motions in abeyance until April 11, 2025.” The motion cited the recent leadership transition at the SEC and the creation of a crypto task force as reasons for the…