Author: NBTC
Self-proclaimed ‘crypto president’ Donald Trump is forcing corporate America to face the Bitcoin question, whether companies are ready or not. Last week, David Sacks, Trump’s newly appointed White House crypto and AI czar, stood before reporters at his first press conference straight from the Oval and laid out Washington’s new crypto agenda. In an interview with CNBC, Sacks confirmed that the administration is actively evaluating the feasibility of a national strategic Bitcoin reserve, which is a really big deal. So we couldn’t help but wonder: Will corporate America finally actually put BTC on its balance sheets? Nearly eighty public companies…
The Shiba Inu ecosystem has been generating significant buzz this week as the launch of the Treat token approaches. According to an official update on Treat’s X account, the token will debut on January 14. This announcement has sparked excitement within the community, with market participants speculating on potential price gains for SHIB, the flagship cryptocurrency of the ecosystem. As of today, there are just 5 days remaining until the Treat token goes live. Mark your calendars, it’s going to be legendary Just 10 days left until $TREAT takes center stage! pic.twitter.com/oFws2veIJ9 — Treat (@treatsforShib) January 5, 2025 The Role…
Japan’s financial watchdog has begun closed-door discussions on revising crypto regulations, including their potential classification as securities. Japan‘s Financial Services Agency is considering classifying cryptocurrencies as financial products similar to securities, Yahoo Japan reports, citing Japanese news outlets. The agency has begun closed-door discussions with experts to review existing regulations. The FSA reportedly plans to announce a policy direction by June. It will then seek opinions from the Financial System Council, which will meet in the fall. A legal amendment could be submitted in 2026, though exact timeframe remains to be seen. If cryptocurrencies are treated as securities, it might…
Binance has announced changes to how it shares token information, adding unlock schedules for more transparency. In a blog post, Binance has announced that starting Feb 14, it will add token unlock schedules to its market capitalization and circulating supply statistics. This move is part of a revision to its token information-sharing policy geared to help users make more educated trading decisions. The new framework will provide users with a clearer and more trustworthy view of token unlock occurrences. In the past, the number of tokens in the market was referred to as circulating supply, and Binance determined market capitalization…
Bitcoin’s price action is once again encountering a formidable challenge as it approaches the psychological resistance level of $100,000. Recent data reveals a significant supply wall between $98,000 and $100,000, posing a potential barrier to the cryptocurrency’s upward momentum. This key price zone has become a battleground, with sellers stepping in to prevent Bitcoin from surpassing this crucial threshold. #Bitcoin $BTC faces a stiff supply wall between $98,000 and $100,000 that is currently acting as resistance! pic.twitter.com/GrDNNATLgT — Ali (@ali_charts) January 4, 2025 According to crypto analyst Ali Martinez,on-chain data, a concentrated cluster of sell orders has formed in the…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Robotics and crowdsourced data startup Frodobots has raised $6 million in seed funding to create BitRobot, which will be a Solana-based embodied AI research network. BitRobot will aim to connect different subgroups in robotics research using a shared token and network to solve resource allocation and data scarcity. Protocol VC led the funding round, which also drew participation from Big Brain Holdings, Solana Ventures, Virtuals Protocol and Solana co-founders Anatoly Yakovenko and Raj Gokal, among others. Frodobots previously also raised $2 million in pre-seed funding. Frodobots started…
Ripple’s stablecoin (RLUSD) is now being used primarily on the Ethereum blockchain rather than XRP, as it became known in a report from XRP contributor “Vet_X0.” Currently, $61,823,274 worth of RLUSD is being distributed on Ethereum, which is well ahead of the $21,995,883 held on the XRP Ledger. This 1:3 ratio shows Ethereum’s growing role in the stablecoin infrastructure, which may disappoint many XRP enthusiasts who saw Ripple USD primarily as another way to expand the XRPL ecosystem. This big difference is mainly due to the fact that Ethereum has an established ecosystem, and ERC-20 tokens are used all over…
For the past century, the U.S. has reigned as the economic superpower of the world. The key to this sustained economic might is a regulatory environment that encourages and enables technological innovation. From semiconductors to personal computers to internet 1.0 and 2.0, U.S. companies have led in developing cutting-edge technologies because our country empowers its builders and creators. Unfortunately, when it comes to Web3 – the next generation of the internet built on blockchain, digital assets, and cryptocurrencies – we are trailing and are at risk of falling further behind. In 2023, the European Union passed comprehensive cryptocurrency regulation [americanbar.org],…
Shiba Inu gaming arm, PlayWithShib, announces the launch of a new sprint racing game for mobile users. The PlayWithShib team unveiled the game yesterday in an X post. Dubbed Shibridge, the game requires users to compete in a sprint race with other opponents. OUR NEW GAME: Shibridge! 🪜 🧱 Race to collect bricks, build bridges, and outsmart opponents in this fast-paced Shiboshi showdown! Now on Play Store & App Store! 📲👉https://t.co/RhaOY7WlJ6 pic.twitter.com/86Tf0ZmcHl — PlayWithShib (@playwithshib) February 13, 2025 Shibridge Features During the race, users are required to collect bricks and use them to build bridges faster than opponents. Players can…
Four top crypto exchanges received nearly $80m in USDT from Hamas-linked exchange since early 2024
A report shared with crypto.news shows that one of the largest crypto exchanges received around $80 million in Tether’s stablecoin from Hamas-linked exchange. Four major cryptocurrency exchanges, including Binance and Gate.io, collectively received $78 million in Tether (USDT) through “indirect transactions” linked to a company sanctioned by Israel for allegedly aiding Hamas, according to a recent investigation by blockchain forensic firm Global Ledger shared with crypto.news. In late January, Israel‘s National Bureau for Counter Terror Financing ordered the seizure of crypto wallets and accounts tied to the Dubai Company for Exchange, also known as El-kahira for General Trading. The Jan.…