Author: NBTC
Bitcoin price resumed its bullish trend and neared its all-time high of $108,200 ahead of Donald Trump’s inauguration and after the encouraging U.S. inflation data. Bitcoin (BTC) rose to a high of $105,847, its highest level since Dec. 18, and significantly higher than this week’s low of $82,055. Crypto investors are likely cheering the upcoming Trump inauguration and the potential regulatory changes that could follow. Trump has pledged to be a crypto-friendly president and seeks to make the U.S. the crypto capital of the world. While the U.S. already mines the most cryptocurrency, crypto critics often cite Bitcoin’s energy-intensive proof-of-work…
The Dogecoin Foundation, a nonprofit organization developing open-source products for the Dogecoin ecosystem, recently declared an ambitious target for 2025. Since 2021, the Dogecoin Foundation has stated that its goal has been to increase the adoption of Dogecoin as a useful currency for everyday payments. It proposes to do this by developing the infrastructure and tools required for businesses worldwide to adopt Dogecoin and exploring ways to make Dogecoin more scalable and efficient as a global means of exchange for all humanity. In keeping with this goal, Dogecoin is working on various projects that benefit the Dogecoin community. The Dogecoin…
A new Bloomberg report suggests that Trump intends to prioritize crypto through an executive order. Details circulating among industry participants suggest this action could influence agencies and shape enforcement across several digital asset sectors. However, Executive Orders are limited due to the checks and balances within the US Constitution. Trump is reportedly seeking to action the following policies via Executive Order: Designate crypto as a national priority. Establish a crypto advisory council. Direct agencies to review digital asset policies. Pause or halt litigation against crypto companies. Create a national Bitcoin stockpile. What does this mean, and how much can he…
Bitcoin is trading near the $103,000 level following a highly bullish Friday that has energized the market. The recent surge has positioned BTC for a potential rally toward new all-time highs, with analysts closely monitoring its next moves. This renewed momentum comes after a significant breakout that many believe has cleared the path for further price appreciation. Top analyst Jelle has shared a technical analysis that highlights the bullish outlook for Bitcoin. According to Jelle, BTC now faces virtually no resistance following the recent breakout, suggesting that the cryptocurrency could be poised for a rapid ascent. This lack of overhead…
Jellyverse (JLY), a decentralized finance (DeFi) platform on the Sei (SEI) blockchain, has announced the launch of jAssets, a synthetic assets protocol that lets users mint synthetic tokens that mirror the value of traditional real-world assets (RWAs), according to the most recent report shared with Finbold on Tuesday, January 21. The new addition will allow DeFi investors to diversify beyond standard crypto assets and gain exposure to traditional markets. Coming in tandem is the launch of the jAssets mainnet on Sei. T-1 Day until the jAsset Mainnet release!If you could tokenize any asset as a jAsset, what would it be?…
Ripple is teaming up with Archax, a UK-regulated digital asset exchange, to launch a tokenized money market fund from UK asset manager abrdn on the XRP Ledger (XRPL) blockchain, according to a Nov. 25 press release. This is the first tokenized money market fund on XRPL and is part of abrdn’s Liquidity Fund (Lux) worth £3.8 billion. Today, in partnership with @ArchaxEx and @abrdn_plc, we’re excited to announce the first tokenized money market fund on the XRP Ledger. With $16T in tokenized assets projected by 2030, this milestone unlocks cost savings and settlement efficiencies by deploying capital markets… — Ripple…
Block, the parent company of Cash App, has agreed to pay an $80 million fine as part of a settlement with 48 state financial regulators over violations of the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. The state regulators found that Block failed to meet certain customer due diligence requirements, potentially allowing its services to be used for money laundering or terrorism financing. As part of the settlement, Block will also hire an independent consultant to review its BSA/AML program and submit a report to the states within nine months. The company will have 12 months to address…
This is a segment from the Empire newsletter. To read full editions, subscribe. Anthony Bourdain would famously go to great lengths to avoid and outwit a guy inside him who wanted to rot in bed all day. I do something similar with my inner contrarian. But I can’t help it with this one: The crypto portfolio of Trump-linked DeFi platform World Liberty Financial could very well turn out to be the crypto strategic reserve that many anticipate will soon be announced. And it’s already getting messy. To the conspiracy theorist that sometimes types for me — like the rat in…
There is no doubt that the developer activity index plays a crucial role in measuring the innovation level of crypto and blockchain-based projects. It is a record of events of contributions and changes occurring in various ecosystems along with advancements in technologies. The following list examines the twenty most active blockchain projects based on developer activity in the last 30 days to evaluate the pioneers behind decentralized development. High-Performing Platforms in Developer Engagement The first place belongs to Internet Computer (ICP), which has a very high developer activity score of 808.4. This crypto project is all about decentralizing Cloud Computing…
A United States legal firm has filed a class action lawsuit against Pump.fun, according to a Jan. 17 announcement. The law firm claims the platform caused financial losses for investors who traded the PNUT token. So, its suit seeks to represent all affected individuals who purchased PNUT and suffered damages. The lawsuit alleges Pump.fun breached securities regulations by failing to register PNUT with the US Securities and Exchange Commission (SEC). According to the filing: “Pump.Fun creates an ecosystem where every token, including the PNUT Token, shares identical characteristics that qualify them as securities under federal law. Pump.Fun’s uniform infrastructure ensures…