Author: NBTC
Audius, a crypto-powered music streaming service, has announced a season of airdrops and rewards that will see 30 million AUDIO tokens handed out—valued at over $3 million—to users of the platform. The campaign was launched in celebration of Audius surpassing an all-time milestone of 250 million on-chain song streams from users. The first season of AUDIO rewards kicks off with 2 million AUDIO tokens being airdropped to contributing artists in what is branded as the “Artist Appreciation Airdrop.” Token allocations are determined by an artist’s streams, sales, revenue, followers, and other factors. A total of 1,174 artists are eligible for…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. I enjoyed taking the Digital Asset Summit stage with Algorand Foundation CEO Staci Warden a few hours ago. Our opening act? The president of the United States. There wasn’t exactly market-moving crypto news out of Donald Trump’s mouth (i.e. another executive order) — though he did utter the word “Blockworks” upon kicking off his three-minute virtual address. Warden and I watched Trump on a screen backstage. Strategy executive chairman Michael Saylor — the speaker to follow us — was close by, getting mic’d up. It was…
A notable Bitcoin analyst believes the BTC bull run is yet to begin despite recent gains, expecting a further 742% gain this cycle. Despite the ongoing market turbulence, Bitcoin (BTC) has come a long way from its price position exactly a year ago. The premier crypto asset, which changed hands around $49,000 this time last year, currently trades for $95,031, reflecting an impressive 94% gain within this timeframe. Interestingly, Bitcoin had earlier witnessed a much higher price point, when it soared to a new all-time high of nearly $110,000 in January 2025. With the recent pullback and extensive consolidation, several…
This is a segment from the Empire newsletter. To read full editions, subscribe. The vibes may not be great, but it’s hard not to be hyped about HYPE. The token’s seen a bit of sell pressure since the beginning of this month, falling to around $23. Yet it’s certainly having a better month than others. K33’s David Zimmerman found that HYPE makes up 55% of 7-day DEX volumes, and there’s so much open interest that it could be compared to some of the biggest CEXs. It’s around 47% of OKX’s levels or 13% of Binance’s. Let me back up for…
U.S. national banks have been told by the Office of the Comptroller of the Currency that they’ll no longer have to answer how controversial customers might damage their reputations — a point that had been criticized by crypto companies and insiders arguing that it contributed to them being debanked. The OCC is removing that factor from its supervision handbook, the agency said in a Thursday statement. “The OCC’s examination process has always been rooted in ensuring appropriate risk management processes for bank activities, not casting judgment on how a particular activity may fare with public opinion,” said Acting Comptroller of…
Elon Musk’s cost-cutting crusade within the U.S. government has purportedly identified computers that can print unlimited amounts of cash, the billionaire claimed in a podcast published on Monday. “I call a ‘magic money computer’ any computer which can just make money out of thin air,” Musk told Sen. Ted Cruz (R-TX) during the “Verdict” podcast sit-down. “They just send money out of nothing.” The computers identified by Musk’s Department of Government Efficiency, or DOGE, exist at multiple agencies, Musk added, pointing to the U.S. Treasury Department, U.S. Department of Health and Human Services, U.S. Department of State, and U.S. Department…
A major $EIGEN dump as a crypto whale has made a costly exit from the market, depositing 2 million $EIGEN worth $3.18 million into Binance. The selling action represents a major financial setback for the trader because they purchased 2 million $EIGEN from Binance two months ago when each token cost $4.53 which equated to a portfolio value of $9.07 million. A whale just deposited 2M $EIGEN($3.18M) into #Binance.The whale withdrew 2M $EIGEN($9.07M) from #Binance 2 months ago, when the price was $4.53, and now the price is $1.59. He lost $5.89M after holding $EIGEN for 2 months!https://t.co/yMoeenzrfQ pic.twitter.com/WmGOoaKpr4 —…
The Australian government, under Prime Minister Anthony Albanese, has outlined a new regulatory framework for digital assets, aiming to provide greater certainty for industry participants while addressing risks tied to consumer protection and market integrity. The reforms will require major crypto platforms to obtain an Australian Financial Services Licence while exempting smaller-scale firms and businesses not involved in financial services. Treasury’s Statement on Developing an Innovative Australian Digital Asset Industry paper, released Thursday, details plans to regulate Digital Asset Platforms and payment stablecoins under existing financial services laws. The move follows similar regulatory approaches in the European Union and Singapore,…
Michael Saylor, co-founder and executive chairman of Bitcoin-oriented company Strategy (formerly known as MicroStrategy) has taken to social media to announce a major Bitcoin dip, which happened as BTC reacted to the fresh-released CPI annual rate for January. “Let’s go!” Saylor tweets on higher CPI than expected Saylor has traditionally published an AI-generated image, but not of himself this time – the image shows a rocket with a Bitcoin logo on its side soaring in space, leaving planets behind. “Let’s go,” the Bitcoin enthusiast tweeted as if celebrating the sudden Bitcoin 1.5% drop as it went down from $96,420 to…
Brad Garlinghouse, CEO of Ripple, recently announced that the SEC has finally dropped its appeal against Ripple, marking the end of a lengthy legal battle that lasted over three years. The SEC has decided not to pursue further legal action, confirming that Ripple is no longer under threat from the regulatory body. This decision has had an immediate impact on XRP’s price, which surged following the announcement. The legal saga, which began with the SEC’s claim that Ripple violated securities laws by selling XRP, has been a major point of contention in the cryptocurrency space. Despite a series of favorable…