Author: NBTC
17 February 2025 — Tether, the largest company in the digital asset industry, announced today the signing of a Memorandum of Understanding (MoU) with the government of the Republic of Guinea. This strategic collaboration aims to explore blockchain and peer-to-peer technologies, the possibility of driving economic growth, and positioning the country as a leader in Africa’s digital transformation. The MoU underscores Tether’s commitment to supporting blockchain adoption globally, aligning with its mission to foster innovation, education, and the responsible use of digital assets. This initiative goes beyond traditional learning by building a strong foundation for sustainable success. The MoU aims…
Bitcoin is bouncing between $93,928 and $94,154 this hour, boasting a market cap of $1.86 trillion, a daily trading volume of $29 billion, and a price swing today from $92,852 to $95,638. Bitcoin The 1-hour chart shows bitcoin in a holding pattern, trying to pick up steam after dipping to $92,233. The indicators are a mixed bag with the relative strength index (RSI) at 45, hinting at neutral vibes, while the momentum indicator at -1,122 whispers a soft maybe and indecision. Meanwhile, the moving average convergence divergence (MACD) at -808 is waving a flag for sellers, in sync with the…
The RWA sector making significant waves in the financial world as the latest data reveals. OKX Ventures, a well-known venture capital platform, has highlighted the increasing role of RWA tokenization in redefining the digital asset realm in its latest report. The platform took to social media to reflect on the current position that the RWA tokenization holds in the digital asset ecosystem. RWA Tokenization: The Future of Digital Assets, Market Growth, and Financial Innovation — OKX Ventures (@OKX_Ventures) February 18, 2025 RWA Tokenization Leads to Financial Innovation As per OKX Ventures’ new report, the tokenization of the real-world assets (RWAs)…
StarAI, a popular platform for AI agents, has announced a new collaboration with WORLD3, a leading firm developing AI Autonomous Worlds. The partnership aims to redefine the world of virtual networks by combining the decentralized blockchain landscape with cutting-edge AI technology. The platform took to social media to disclose this development. 🚀 We’re glad to partner with @WORLD3_AI! 🌍🤖#WORLD3 is creating AI Autonomous Worlds (AI-AW), where AI agents and players collaborate in self-sustaining virtual ecosystems. These agents learn, evolve, and make decisions, shaping a dynamic virtual civilization. 🔥Powered by… pic.twitter.com/ZbJUyyyioT — StarAI (@The_StarAI) February 17, 2025 StarAI Joins and WORLD3…
As the new year kicks off, Bitcoin’s price continues to consolidate below the psychological $100K barrier. After an explosive bull run in 2024 that took BTC from $40K to $108K, the cryptocurrency has failed to reclaim its previous highs. Many investors are now questioning what lies ahead for Bitcoin in 2025. Could this be the beginning of a larger market adjustment? Bitcoin Price Performance in 2025 Bitcoin opened the year trading at approximately $93,300, following a two-week period of prices lingering below the $100K mark. Historically, the start of the year tends to bring subdued market activity as global trading…
In response to mounting concerns over transparency, Coinbase has unveiled a Proof of Reserves (PoR) for its wrapped Bitcoin token, cbBTC. This move aims to assure users that each cbBTC is backed 1:1 by Bitcoin (BTC) held by the exchange. Coinbase Reveals cbBTC Proof of Reserves According to the PoR data, the Coinbase exchange holds a total reserve of 26,525.15 BTC, with a corresponding cbBTC supply of 26,461.05 tokens. The distribution of cbBTC across various networks is as follows: Ethereum hosts 16,080 cbBTC, Base contains 7,655.391 cbBTC, Solana holds 2,673.489 cbBTC, and Arbitrum has 51.395 cbBTC. cbBTC Proof of Reserves.…
Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6. Since then, no new blocks have been created, effectively halting transaction processing. The project’s team confirmed the issue on its social media platform, stating that developers are investigating a delay in block production caused by a signer. While updates are expected, the team has yet to provide a resolution timeline. They stated: “Core devs are investigating a delay in block production related to a Signer. Standby for…
Brevan Howard Digital’s Abu Dhabi branch has allocated $20 million in assets to Kinto, an on-chain financial portal, marking a significant move by a traditional financial institution into decentralized finance. Kinto provides a tailored blockchain platform with a custom smart contract wallet, enabling financial entities to deploy capital on-chain while adhering to stringent legal and compliance standards. Notably, Kinto is the only Layer 2 solution that integrates native Know Your Customer and Anti-Money Laundering protocols at the blockchain level. It also offers default wallet insurance and robust security features, making it a unique option for institutional adoption. Kinto’s mining program…
If Trump implements Bitcoin as a strategic reserve, Japan and other Asian nations will follow the same path, said Metaplanet CEO Simon Gerovich at a recent Bitcoin event hosted by Michael Saylor. Tokyo-listed Metaplanet, which began its Bitcoin strategy last April, currently holds 1,762 BTC valued at approximately $165 million. The company is often referred to as Asia’s MicroStrategy due to its investment approach. Metaplanet’s Bitcoin adoption is a response to Japan’s rising debt and the volatility of the yen. Investing in Bitcoin has helped the company escape a challenging period, which Gerovich previously likened to being a “zombie” company.…
HONG KONG — World Liberty Financial, the Donald Trump-backed crypto project, owes much of its early success to Justin Sun, the Chinese-born crypto billionaire who became an official advisor to the project after purchasing $30 million worth of its token, WLFI, said World Liberty co-founder Zak Folkman. Folkman remarked that, “the goal of the project is being able to create progress to actually merge traditional financial institutions with decentralized finance,” in a panel at CoinDesk’s Consensus Hong Kong conference. For several weeks, the Trump-endorsed WLFI faced lackluster sales, failing to reach its $30 million fundraising target. The token was restricted…