Author: NBTC
President Donald Trump says Elon Musk has no power to stop federal Treasury payments on his own, despite Elon having full access to the government’s sensitive financial systems. Speaking from the Oval earlier today, Trump addressed rumors that Elon’s D.O.G.E (Department of Government Efficiency) was blocking payments. “Elon can’t do and won’t do anything without our approval,” the president told reporters. “If something didn’t have my OK, you’d hear about it real fast.” Elon gained access to the Treasury’s payment systems after David Lebryk, the top career official responsible for managing federal disbursements, resigned last week. The system Elon now…
Cardano Foundation has flaunted the enhancements to the Aiken programming language. Aiken now removes key bottlenecks impacting developer productivity. The Cardano Foundation (CF) recently highlighted the evolution of Aiken, a modern programming language on the Cardano blockchain. The Foundation noted that Aiken has transformed into a powerful platform that is reshaping smart contract development on the Cardano blockchain. Aiken Ready for Broader Adoption As previously mentioned in our report, Aiken seeks to provide smart contract development and an optimized developer experience. The programming language is built with innovative features that satisfy developer expectations, such as seamless integration with other tools.…
In a recent announcement, major crypto exchange Binance has unveiled a new update that affects the perpetual contracts of multiple crypto trading pairs. The crypto exchange, in its official announcement, disclosed that it has updated the leverage and margin tiers of the perpetual contracts of 14 trading pairs, including XRPUSDC, NEARUSDT and APEUSDT. Binance Futures updated the leverage and margin tiers of 14 perpetual contracts on Feb. 5, 2025, at 8:30 a.m. UTC, including XRPUSDC, NEARUSDT, APEUSDT, ACTUSDT, 1000SATSUSDT, SEIUSDT, NOTUSDT, CFXUSDT, PEOPLEUSDT, DOGSUSDT, TURBOUSDT, THETAUSDT, MEWUSDT and RUNEUSDT. As cryptocurrencies like XRP gain traction, these futures contract adjustments appear…
Bitcoin’s computational prowess currently hums at 825.85 exahash per second (EH/s), a gentle dip from its zenith of 844 EH/s recorded on Feb. 4, 2025. The network’s transaction queue, known as the mempool, continues to reflect minimal activity, while newly minted blocks materialize slightly quicker than the protocol’s 10-minute target. Foundry Leads Mining Race: Four Pools Generate 78% of Bitcoin’s Computational Power As of Feb. 5, 2025, the rhythm of block creation has settled at an average of 9 minutes 36 seconds. Should this brisk pace persist, the protocol’s self-adjusting mechanism will enact a 4.6% upward recalibration in mining difficulty…
No matter how deep you are in the cryptocurrency market, Scottie Pippen is warning investors about the bear traps in Bitcoin (BTC) that certainly were not on anyone’s bingo card a year ago. But it is 2025, and it is a reality. In his latest post on X, the former Chicago Bulls star and now certified NBA legend warned his followers that the current decline in the price of the leading cryptocurrency is nothing more than a bear trap – an event on financial markets when a price dip is artificially created to make everyone believe that the asset is…
In the fast-evolving world of decentralized finance (DeFi), social activity has become an important metric for gauging community engagement and overall project visibility. As of February 4, 2025, a new report reveals the top DeFi projects that are leading the charge in terms of social activity. Solana ($SOL), XRP ($XRP), and Chainlink ($LINK) have emerged as the most talked-about and engaged-with projects, showcasing their continued dominance within the DeFi ecosystem. TOP #DEFI PROJECTS BY SOCIAL ACTIVITY$SOL $XRP $LINK $AVAX $INJ $HBAR $RUNE $VET $ICP $JUP pic.twitter.com/QIuDVD2f44 — PHOENIX – Crypto News & Analytics (@pnxgrp) February 4, 2025 Solana ($SOL) has…
Everyone seems to be hating on Ethereum (ETH) right now, but investors have been buying this dip in a very big way this week, said CoinShares Head of Research James Butterfill, citing data from fund flows into crypto-oriented exchange-traded investment products in the last 24 hours. As can be seen, $646.1 million were poured into those investment products focused on the major alternative cryptocurrency, Ethereum. That is in stark contrast to the market’s performance last week, when Ethereum ETFs saw a net outflow of $300,000, but as Butterfill himself reported, suffered earlier in the week, likely due to its greater…
A section of the American public has expressed their misgivings about the country’s intentions of establishing a Sovereign Wealth Fund(SWF). That follows President Donald Trump’s signing of an Executive Order (EO) directing Treasury Secretary Scott Bessent and his nominee for the Commerce Department, Howard Lutnick, to create the investment tool. Speaking during the EO’s signing on Monday at the Oval Office, Mr. Trump expressed his excitement at development. He said, “We’re going to create a lot of wealth for the fund, and I think it’s about time this country had a sovereign wealth fund. ” Expectedly, news of Mr. Trump’s…
For Developers and InnovatorsThe IOTA Builder Server is live. This focused Discord community is designed for developers, validators, and tech enthusiasts to collaborate, access resources, and build on IOTA in a distraction-free environment. Join now if you’re ready to innovate! We are pleased to announce the launch of the IOTA Builder Server on Discord, designed to bring together builders, developers, and tech enthusiasts with a shared interest in building on the IOTA platform. This new initiative offers a focused environment that minimizes distractions and provides access to the resources, guidance, and collaboration opportunities needed to drive innovation within the IOTA…
HTX advisor Justin Sun is currently engaged in a dispute with former Huobi owner Li Lin over whether or not Huobi/HTX had a $30 million hole in its books when it was sold to About Capital Management in 2022. The dispute is the latest chapter in the pair’s years-long feud. A machine translation of a recent X post by Sun includes a story in which he accuses the Huobi founder of concealing the hole, leading to Sun having to loan money to the exchange. A statement purportedly from Li has been posted to X in which he claims that Sun…