Author: NBTC

Crypto mining stocks jumped as much as 20% led by BitMine and Cipher Mining, after Amazon unveiled plans to invest up to $50 billion in AI infrastructure for U.S. government agencies. This shift comes as Bitcoin miners face declining profitability following the 2024 halving event. Meanwhile, demand for AI compute capacity is soaring. Tech giants now view miners’ established power infrastructure as key to rapid data center growth. Mining Stocks Post Double-Digit Gains as Focus Shifts to Infrastructure The crypto mining sector saw a broad rally on Monday, notching a 13.84% sector-wide gain according to SoSoValue data. BitMine soared nearly…

In a traditional e-commerce system, users can earn ‘loyalty’ (points and vouchers) as a reward for making purchases through Web3 shopping, but this is not sufficient for users and can easily be devalued. For this, an innovative reward system is needed that helps users by issuing transferable, tradable assets. Such a reward can be multiplied in the current scenario and increase the value of those assets in a few days. To transform this concept functional, UQUID partnered with Tether to introduce the real-world value into loyalty rewards. The purpose of this launch is to facilitate users with greater benefits by…

The governments of Russia and Iran have agreed to collaborate in a number of digital areas, including the development of blockchain technologies and artificial intelligence (AI). Reports of the new initiative of the Russian Federation and the Islamic Republic come after Putin himself pitched a similar proposal to India, too. They also follow his recent call for AI and tech sovereignty. Moscow and Tehran join forces in AI race, fintech space Russia and Iran are going to work together in the IT sector, across a wide range of fields of digital development, the Russian and Iranian media unveiled. A new…

SanDisk Corp. will join the S&P 500 on Friday, November 28, 2024, replacing Interpublic Group of Companies Inc., according to S&P Dow Jones Indices. After the announcement on Monday, shares of the computer storage maker surged by more than 9% in after-hours trading. This milestone signals SanDisk’s rapid rise, while Strategy (formerly MicroStrategy) faces another setback, remaining excluded from the S&P 500 despite holding more than 640,000 Bitcoin. SanDisk’s Rapid Ascent to the S&P 500 SanDisk’s move from the S&P SmallCap 600 to the S&P 500 reflects its strong market performance over the past few months. Driven by demand from…

Stablecoin operator StraitsX is getting a bit more exposure, sealing the latest in a string of promising partnerships. In this case, the StraitsX USD (XUSD) issuer has struck an agreement with the crypto credit card payments platform UPay to enable its digital assets to be spent in real-world stores. StraitsX said it’ll integrate its infrastructure within UPay’s broader payments ecosystem, which also includes Google Pay and Apple Pay, expanding the utility of its stablecoin assets. It’s a big deal for StraitsX, as UPay has developed a comprehensive and fast-growing digital finance platform spanning both cryptocurrency and traditional fiat services. Its…

The blockchain landscape continues to evolve as strategic partnerships emerge to address fragmentation and accessibility challenges. KingdomStarter, a well-known multi-chain launchpad, is announcing a strategic partnership with Helios. The collaboration is a key move in the right direction at the intersection between decentralized fundraising and next generation blockchain infrastructure. Understanding the Dynamics of the Partnership The collaboration is bringing together two different but complementary platforms. KingdomStarter is a multi-chain IDO tent, which has supported many IDOs in different blockchain networks. It provides a wide variety of services, fundraising assistance, community development, marketing and technical assistance. Helios is a whole new…

Ethereum price has rebounded in the past few days as market participants cheered this week’s Fusaka upgrade that boosted its network stats. Summary Ethereum price has strong technicals, which will likely lead to a strong bullish breakout, potentially to $4,900 soon. The amount of ETH tokens in exchanges has plunged, a sign of continuing accumulation. Ethereum has a leading market share in key industries like DeFi and RWA. Ethereum (ETH) rose to a high of $3,247, its highest level since Nov. 14, and was about 20% above its November low. Here are the top reasons why it may be on…

Prediction-market platforms Polymarket and Kalshi are in discussions with Galaxy Digital as institutional interest begins shifting toward event-driven trading. Summary Galaxy Digital is in talks to act as a market maker on Polymarket and Kalshi as institutional firms examine the growing event-trading sector. Prediction-market volume and valuations have surged, supported by Google Search integration, new funding rounds, and major trading firms joining. Regulatory steps, including Polymarket’s QCEX acquisition and Kalshi’s CFTC approvals, have opened the door to broader U.S. participation. Galaxy Digital is in discussions to provide liquidity on Polymarket and Kalshi as prediction markets draw new attention from major…

Opera and the Celo Foundation announced at Binance Blockchain Week that they are extending their partnership to bring financial inclusion to a billion people by 2030 by making low-cost stablecoin payments “ubiquitous around the world.” The announcement includes plans for stablecoin-backed payment cards, expanded real-world asset offerings, and a joint Mini App Roadshow across Asia and South America, according to a Wednesday statement by Opera. BREAKING NEWS: Today, the Celo Foundation & @Opera announce an extended partnership to accelerate @MiniPay growth with global expansion, real-time merchant payments & cards 🎉 Let’s explore what this means ↓ pic.twitter.com/uiO7lcv9hR — Celo.eth/acc 🦇…

21 DAO is a Decentralized Autonomous Organization (DAO) that refers to a specific decentralized task economy platform called TasKVerse. 21 DAO has excitedly entered into a partnership with Tilted, an advanced artificial intelligence (AI) Operating System for next-generation social media applications. The primary objective of this partnership is to merge AI-powered social tools with an on-chain community to build a smarter, dynamic, and AI-driven digital economy. We are excited to announce our partnership with @tiltedxyz! 🤝🚀Tilted is building an advanced AI Operating System for next generation social media applications — powering real time event capture, AI labor markets, creator economies,…