Author: NBTC
CNBC’s Jim Cramer urged investors not to get out of the market completely despite the ongoing massive sell-off. He added that markets eventually find they are low and that stocks have a way to bounce back. Cramer also looked back to the late CNBC anchor Mark Haines, who infamously marked the market bottom on this date in 2009 at the height of the financial crisis. In recognition of what came to be known as Haines’s bottom, Cramer counselled investors that even at their worst, stocks will eventually find support, so it’s crucial to buy selectively. Jim Cramer tells investors to…
World Liberty Financial (WLFI), a forthcoming cryptocurrency platform endorsed by President Donald Trump and his sons, has reported a significant uptick in the sale of its governance tokens. After a slow initial rollout approximately four months ago, Bloomberg reports that the platform has sold over 24 billion of its WLFI tokens, representing more than 96% of its total supply. As it stands, fewer than 1 billion tokens remain available for sale. World Liberty Financial Token Sale Sparks Debate The World Liberty Financial token, priced at 5 cents each, is part of a broader initiative aimed at raising $300 million at…
BTC price fell below $96,000 and hovered around $95,000 early Tuesday morning even as trading activity continued to climb. Market Activity Intensifies but Bitcoin Dips Below $96K Threshold Bitcoin (BTC) is experiencing downward pressure despite a notable increase in trading volume, signaling a cautious yet active market. As of the time of reporting, BTC is priced at $95,750.96, reflecting a 0.92% decline over the past 24 hours and a 1.21% drop over the past week. The cryptocurrency has fluctuated within a 24-hour range of $95,118.38 to $96,900.02, indicating a continued struggle to reclaim higher levels. (BTC Price / Trading View)…
OpenAI has signed a five-year contract worth $11.9 billion with CoreWeave on Monday to deliver AI infrastructure used for training the ChatGPT maker’s models. The deal includes OpenAI receiving $350 million in CoreWeave stock linked to the cloud computing provider’s upcoming IPO. CoreWeave will not receive any proceeds from the share issuance to OpenAI, according to Reuters, which was first to report on the deal. OpenAI CEO Sam Altman sees the need for “reliable compute” to continue training his company’s models at scale, noting that the deal would be “complementing” its concurrent commercial deals with Microsoft and Oracle. It would…
Vertex Protocol: A high-speed DEX on Arbitrum, blending order book & AMM for seamless cross-margin trading with VRTX governance rewards. LILLIUS: AI-powered fitness gamification platform offering NFT rewards, motion analysis, and interactive training with LLT utility. BRC-20 DEX: A cross-chain trading hub enabling BRC-20 swaps across Bitcoin, Ethereum, BSC & Polygon with a secure, decentralized bridge. This week’s top tokens unlock next-level DeFi, AI-powered fitness, and cross-chain trading. Discover how VRTX, LLT, and BRC-20 DEX are reshaping the game Vertex Protocol(VRTX) A High-Performance Decentralized Exchange Current price: $0.06525 Market cap: $28.65M The Vertex Protocol functions as a decentralized exchange (DEX)…
Understanding money is hard—especially when we don’t ask how it works. Wait, So What Is the U.S. Dollar Backed By? Alex leaned forward at the coffee shop table. “You criticize bitcoin, but do you know how the U.S. dollar works?” John hesitated. “Gold… right? Or something physical?” “That stopped in 1971,” Alex replied. “The dollar isn’t backed by anything tangible now. It’s just… paper.” John shrugged. “But it works. Everyone uses it,” he said. “But why and how does it work?” Alex pressed. “What gives it value?” John stared into their latte and remarked: Honestly? I have no idea. Most…
El Salvador’s President Nayib Bukele has dismissed the International Monetary Fund’s (IMF) conditions requiring the country to halt Bitcoin accumulation. Despite IMF terms prohibiting further Bitcoin purchases, Bukele continues to acquire more for El Salvador’s reserves. The country remains engaged in Bitcoin-related projects while navigating financial agreements with international institutions. IMF’s Directive to Stop Bitcoin Accumulation The IMF issued a new Staff Country Report on El Salvador, instructing the government to stop Bitcoin accumulation through both purchasing and mining. The IMF agreement, which provides El Salvador with $1.4 billion, mandates that the country liquidate the Bitcoin trust fund, Fidebitcoin, and…
Argentina’s President, Javier Milei, is under intense scrutiny this week after promoting the controversial Solana-based meme coin LIBRA via social media on Friday. Mere hours later, Milei removed his posts from his official X account, claiming he had little to no knowledge about the token—stating instead that he thought it was a company looking to finance private ventures. While the token has crashed and a lawsuit has been filed, those looking to shirk the blame and point the finger elsewhere are scrambling to deflect responsibility. As the dust settles, four individuals have surfaced as key figures that are allegedly behind…
As global markets grapple with tighter monetary policies, entrepreneur-turned-politician Vivek Ramaswamy predicts a structural shift in corporate finance strategies, with bitcoin poised to become a staple of institutional treasuries. Bitcoin—A ‘More Common Corporate Treasury Holding’ In a statement on X on Feb. 18, 2025, Vivek Ramaswamy—the former 2024 presidential candidate and former DOGE lead—declared that the end of monetary easing tactics will force companies, governments, and investors to recalibrate risk assessments. “Now that the era of easy money is over, companies [and] other institutions (even state actors) will have to rethink their hurdle rates for internal capital investment,” he said.…
Economist Mark Carney is set to automatically become Canada’s next prime minister after winning the Liberal Party leadership race, even though he hasn’t participated in a general election. Justin Trudeau’s Successor Is a Former Central Banker and CBDC Proponent Mark Carney, a former central banker, crypto sceptic, and central bank digital currency (CBDC) advocate, clinched 86% of votes in Canada’s controversial Liberal Party leadership election on Sunday, putting him in line to become Canada’s 24th Prime Minister. To be clear, Carney will become an unelected prime minister since no general election has taken place yet, only a Liberal Party leadership…