Author: NBTC
This is a segment from the Empire newsletter. To read full editions, subscribe. If narratives were food and AI was chicken, gaming would be the other white meat. Gunzilla Games’ crypto-infused shooter Off the Grid is then an organic free-range pig: Its early access beta has had gamers foraging for crypto and NFTs as they please since October. I’ve so far clocked about 40 hours. I wrote in my initial thoughts that the game was fun — it still is. A quick refresher: Off the Grid is a battle royale in the same vein as PUBG, Fortnite and Warzone, with…
Former Blockstream executive and BTC maxi Samson Mow has posted on social media site X that, thanks to the Japanese yen’s horrible performance, it’s ‘only a matter of time’ before Japan’s central bank (BoJ) embraces BTC. However, with bankruptcies hitting record highs, pensioners starving, and the government mismanaging funds, it’s clear Mow is either unaware or willfully ignorant of the fact that slapping a centrally regulated BTC band-aid on things is not going to help. The former Blockstream executive and now CEO of a BTC/nation-state liaison enterprise called JAN3, Samson Mow, has weighed in on what Japan needs to do…
Web3Port Labs invests $10 million in Trump’s World Liberty Financial project. Both Web3Port and WLFI aim for a long-term partnership. The Trump family’s crypto project World Liberty Financial has been making headlines for numerous times, gaining attention across the industry. Being backed by the President of the US, WLFI project combined with the TRUMP memecoin, brought a new facet to the crypto market. To celebrate Donald Trump’s inauguration as the 47th President of the US, WLF invested around $112.8 million in various cryptocurrencies. Ethereum, Wrapped BTC, Aave, Chainlink, Tron, and Ethena are the major cryptocurrencies in which WLFI invested. On…
An investigation in the U.S. House of Representatives and a hearing in the Senate will examine whether financial regulators during the administration of former President Joe Biden deliberately cut off crypto industry leaders and others from the banking system in an inappropriate use of authority. “Debanking is un-American — every legal business deserves to be treated the same regardless of their political beliefs,” said Senate Banking Committee Chair Tim Scott, a South Carolina Republican who took over the gavel earlier this month and has scheduled a February 5 hearing on debanking. “Unfortunately, under Operation Chokepoint 2.0, Biden regulators abused their…
Will the Bitcoin (BTC) price uptrend continue its short-term rally to rechallenge the $100k milestone? Bitcoin fluctuates near the $97,000 mark after a 24-hour surge of 2.04%. Accordingly, the largest crypto reclaimed its $1.9 trillion valuation and is showing signs of a recovery rally in progress. As bullish momentum grows, Bitcoin’s recovery path shows potential to reach the $100,000 mark. Amid the increasing bullish sentiment, should you consider adopting a bullish stance? Bitcoin Price Analysis On the 4-hour chart, the BTC price action reveals a V-shaped recovery, exhibiting linear growth. The recent lower price bounce from $89,164 has blossomed into…
In a latest development, MicroStrategy has announced launching a public offering of 2.5 million shares of its new Series A Perpetual Strike Preferred Stock. The company plans to use the proceeds for general corporate purposes, including acquiring more Bitcoin. The preferred stock has a liquidation value of $100 per share. Dividends will be paid quarterly starting March 31, 2025, and can be issued in cash, MicroStrategy Class A common stock, or a mix. Notably, investors can convert their preferred stock into common stock in certain circumstances. MicroStrategy has the option to redeem the preferred stock early if the liquidation value…
As Donald Trump becomes the 47th president, his entry into the cryptocurrency space through meme tokens marks an unprecedented intersection of political power and digital assets. At Washington’s Capital One Arena, where Tesla CEO Elon Musk delivered inauguration remarks, few could have predicted the market turbulence unleashed by the launch of two presidential meme coins. Understanding Meme Coins Meme coins typically draw inspiration from internet culture and trends, deriving value primarily from community engagement and social media buzz rather than utility. The recent case of “Hawk Tuah girl” Haliey Welch’s token, which saw its market capitalization plummet from $500 million…
Former Trump Plaza executive Jack O’Donnell has expressed concern over President Donald Trump’s involvement with cryptocurrencies, calling it a potential threat to national security. Speaking to CNN’s Erin Burnett and author of the book Trumped The Inside Story of the Real Donald Trump, O’Donnell warned that Trump’s crypto initiatives could harm investors and be misused by foreign entities to gain influence. The new President recently launched the TRUMP memecoin. O’Donnell compared Trump’s cryptocurrency push to the junk bond sale that sent many small investors into financial distress in the 1990s. “Crypto memecoins are incredibly volatile,” O’Donnell said, adding, “They’re going…
Analyst and trader Kevin Svenson believes Bitcoin (BTC) will print new all-time highs in 2025 as a key trend remains intact. In a new strategy session, Svenson tells his 81,800 YouTube subscribers that Bitcoin’s parabolic trend indicates the flagship crypto asset may surge to at least $124,000 before June, correct for a few months, then have one final explosive move in late 2025. “The Bitcoin parabolic trend [on the weekly chart] is in strong health. It’s very healthy. Look at it. The weekly’s going back to the green. It looks like a nice hammer candle is being printed right here……
Cryptocurrencies have transformed the financial landscape, captivating tech enthusiasts, investors, and regulators worldwide. However, as digital assets gain prominence, critical questions arise about the role of financial literacy and cognitive biases in shaping investment behaviours. Empirical evidence underscores that financial literacy significantly influences financial stability by enhancing individual decision-making. People with higher financial literacy make prudent choices, such as budgeting effectively, saving for emergencies, and understanding borrowing costs. Conversely, low financial literacy often leads to poor decisions, over-indebtedness, and susceptibility to distorted expectations, amplifying systemic risks. Why does financial literacy play a pivotal role in the cryptocurrency ecosystem? The inherent…