Author: NBTC

El Salvador just added 11 Bitcoin to its reserves shortly after promising to limit its adoption. El Salvador’s Bitcoin Office announced in a Jan. 20 Twitter post that it just added another 11 BTC to its Strategic Bitcoin Reserve. As of press time, 11 BTC are worth more than $1 million. The announcement follows El Salvador promising the International Monetary Fund (IMF) that it would scale back its BTC adoptionin exchange for a $1.4 billion loan back in December 2024. Discussions around the deal were revealed earlier that month, with the IMF requesting El Salvador stop requiring businesses to accept…

AILayer has announced an exciting partnership with Taker Protocol. This partnership marks a significant step toward shaping the future of the Bitcoin ecosystem. AILayer is an AI-driven blockchain innovation while Taker protocol is a Bitcoin ($BTC) yield optimizer. This collaboration leverages Taker’s innovative Nominated Proof-of-Liquidity (NPOL) consensus mechanism. This mechanism is used to enhance Bitcoin yield scalability while fostering sustainable growth for liquidity providers. 🤝 #AILayer is thrilled to announce our partnership with @TakerProtocol!Taker scales your bitcoin yields via NPOL (Nominated Proof-of-Liquidity) consensus. Taker aligns LP providers’ incentives with ecosystem growth through a symbiotic revenue model.With this partnership,… pic.twitter.com/DK9hsg5YzR —…

Elon Musk and once-ousted Trump administration member Vivek Ramaswamy will see a lawsuit filed against their Department of Government Efficiency (DOGE) today. Ramaswamy is supposed to be co-leading the agency alongside Musk yet was “privately undercut” in his pre-DOGE work and “has worn out his welcome” from the team, according to CBS sources. Adding to the chaotic formation of DOGE today, a law firm has already prepared litigation questioning the legality of the organization itself. Needless to say, Ramaswamy isn’t happy that Musk and other members of Trump’s team shoved him aside from his high-profile role in the incoming presidential…

MELANIA perpetual contracts based in USDT are coming to Bitget after the first lady’s meme coin begins to make market waves hours after launch. Bitget is launching USDT (USDT)-based MELANIA perpetual contracts on its platform, offering up to 20x leverage for traders who wish to trade contracts on the fairly fresh Melania Trump-inspired meme coin. The contract will be available for trading on the crypto exchange platform starting from Jan. 20, 2024 at 04:30 UTC. In addition, contract trading for MELANIAUSDT will be open for trading bots alongside the major launch. Bitget has set a minimum price range of 0.001,…

OpenLoop has announced its strategic partnership with Gata to reshape the decentralized artificial intelligence (AI) landscape. This collaboration is a groundbreaking step forward in the development of the future of AI. Both partners aim to provide scalable frontier data aligned by humans. This advancement will empower the next-gen superintelligent systems. We’re thrilled to announce our collaboration with @Gata_xyz, a trailblazer in AI data innovation and a proud incubation by Binance Labs. This partnership aims to push the boundaries of decentralized AI by creating scalable, human-aligned frontier data that powers next-generation… pic.twitter.com/5VdDuXsxhO — OpenLoop (@openloop_so) January 18, 2025 OpenLoop and Gata,…

With the price of Bitcoin (BTC) recently breaking a new all-time high (ATH) above $109,000, market participants are largely redefining their positions. In an unusual series of events, crypto data tracker Whale Alert flagged three whale transactions on Robinhood. The transactions feature BTC withdrawal from the American brokerage, a sign that Bitcoin whales are not worried about buying the coin at the top. Robinhood Bitcoin whale stacking Per the Whale Alerts insight, the first observed Bitcoin transaction saw 500 BTC worth $54,098,752 transferred from Robinhood to an unknown address. Another transaction featuring the same 500 BTC amount was also initiated.…

Less than a month after the story of Peanut the squirrel and Fred the raccoon broke headlines, Mark Longo, the owner of the two pets whose tragic deaths caused a public outcry and spurred a movement, has launched his own token. Longo spoke in a Twitter video about how he came to process the story of Peanut and Fred and has decided to launch a new token on Solana called Justice for Pnut and Fred (JUSTICE) to honor the memory of his pets. “The government’s not gonna get away with this,” Longo said. “Justice will be served, for not only…

Sumit Gupta urges India to fix high taxes and unclear crypto rules to avoid losing innovation and value. CoinDCX plans to acquire WazirX, focusing on customer trust and security after its hack. Gupta highlights 2025 as crucial for global crypto regulations, urging India to act fast to stay competitive. India Should Act on Crypto Regulations Donald Trump is expected to announce new crypto rules soon. Sumit Gupta, CEO of CoinDCX, believes India must act quickly too. He warns that delays could cause India to lose innovation, talent, and value from crypto transactions. Gupta said high taxes and unclear policies are…

Gemini, the crypto exchange backed by the Winklevoss twins, has obtained a new license in Malta, which will also serve as its hub for the Markets in Crypto-Assets (MiCA) framework, the company announced today (Monday). Malta Is Emerging as a MiCA Hub The crypto exchange disclosed that it decided to establish Malta as its MiCA hub after securing a Virtual Financial Assets (VFA) Service Licence from the island’s regulator last December. This license was its Virtual Asset Service Provider registration. The announcement emphasised that the exchange chose Malta due to its “proactive approach to fostering innovation among fintech and digital…

Base, the layer-2 blockchain network launched by Coinbase, is doing well in decentralized finance and the non-fungible token industries. According to DeFi Llama, Base has become the biggest layer-2 network in crypto. It has 410 dApps in the decentralized finance industry. Some of its biggest DeFi ecosystem players are Aerodrome, Uniswap, Morpho Blue. and Moonwell. Morpho, an AAVE rival, will likely continue growing after Coinbase announced that it will offer Bitcoin-backed loans on its platform. You might also like: Here’s why Morpho price just surged to an all-time high Base’s DEX networks have continued to dominate the layer-2 industry in…