Author: NBTC
The Blockchain Association has called on president-elect Donald Trump and Congress to prioritize five key actions during the administration’s first 100 days to establish the U.S. as a global leader in cryptocurrency innovation. In an open letter, the industry group outlined specific measures to address regulatory challenges and support the domestic digital asset economy. 1/ Today, Blockchain Association submitted a letter to President-elect Trump and the new Congress outlining priorities impacting the crypto industry to consider in the first 100 days.https://t.co/uMa29LYHpr pic.twitter.com/kJbx9l1cqv — Blockchain Association (@BlockchainAssn) November 22, 2024 The Blockchain Association is a U.S.-based crypto lobbying group advocating for…
MoonDog, the blockchain innovation hub, has announced its exciting collaboration with Shadow Killers. They both teamed up to bring a groundbreaking experience to the Solana metaverse. Shadow Killers, a highly anticipated Solana metaverse game, combines the thrill of GameFi with NFT mining. It creates an immersive digital world where players can play, explore, earn, and thrive. This partnership aims to redefine the interaction of gamers and crypto enthusiasts. The unity of the two promises an epic journey for the community with blockchain technology. MoonDog has disclosed this strategic collaboration through its official X account. Through this strategic collaboration, MoonDog and…
Michael Saylor, co-founder and executive chairman of MicroStrategy, wishes to leave his wealth to humanity, following in the footsteps of the pseudonymous Bitcoin creator Satoshi Nakamoto. In a recent interview with The New Zealand Herald, Saylor reflected on his personal motivation, revealing his goal goes beyond wealth. “I’m a single guy, I have no children — when I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universe, so I’m leaving whatever I’ve got to the civilization,” he said. In the interview, Saylor described Bitcoin as the future of economics, comparing it to steel and electricity. “You…
With an overnight surge and a bullish engulfing candle, Ethereum bounces back after a minor consolidation. Will this reversal give a breakout run to $4,000? As Bitcoin pushes to a new all-time high of $99,500, Ethereum is steadily gaining steam. Today, Ethereum’s market cap surpassed $400 billion, marking a significant milestone. The growing bullish momentum suggests Ethereum could be gearing up for a major rally, possibly targeting $4,000. Will this recovery run lead to a new 52-week high as the broader market recovers? Let’s find out. Ethereum Price Analysis On the daily chart, Ethereum has shown a strong resurgence in…
Andrew Left, a notorious short-seller, tweeted negatively about MicroStrategy (NASDAQ:MSTR) 13 minutes into Thursday’s trading session. Within 90 minutes, the stock had declined 16% and it closed the day without recovering. Although Left congratulated CEO Michael Saylor for his “visionary bitcoin strategy,” Left concluded, “MSTR’s volume has completely detached from BTC fundamentals.” The Citron Research founder then disclosed that he had sold short. MicroStrategy has been a public company since June 1998 and hit an all-time high of $548.20 around the time of Left’s tweet on Thursday. It closed considerably lower, however, at $397.28 per share. Left is a defendant…
According to CNBC, Dan Gallagher, chief legal officer at Robinhood, is not going to spearhead the U.S. Securities and Exchange Commission. Gallagher was the favorite of betting markets. As reported by U.Today, he had a 61% of becoming the next SEC head, according to bettors on Kalshi. However, his nomination chances sharply dwindled. Now, Paul Atkins, CEO of Patomak Global Partners, has emerged as the next clear frontrunner. He now has roughly a 60% chance of becoming the next SEC boss, according to Kalshi users. On Thursday, Fox Business reporter Charles Gasparino revealed that Atkins was “in the led position”…
With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase currently holds 11.72% of the total 19.77 million bitcoin (BTC) in circulation. Sani’s data and insights emphasize the risks tied to such a large concentration of bitcoin, pointing out that the massive amount held by the San Francisco-based crypto giant creates an enticing ‘honey pot’ for cyber criminals. The Coinbase ‘Honey Pot’ On Oct. 21, Sani, a bitcoiner who operates the Bitcoin-focused site timechainindex.com, posted…
Ethereum (ETH) spot exchange-traded funds (ETFs) have witnessed a significant outflow of $163 million this week. This comes as the bullish sentiment trailing the leading altcoin begins to wane, making it a struggle for the coin’s price to break through the $3,400 resistance level. As ETH’s price faces bearish pressure, it may begin to shed more of its gains in the coming weeks. This analysis explains why. Ethereum Buying Pressure Faces Dip According to data from SosoValue, Ethereum ETF outflows this week have totaled $163 million. This represents the third-highest weekly net outflows since these funds became tradeable on July…
Amazon has announced an additional $4 billion investment in Anthropic, the AI startup known for its Claude chatbot and advanced AI models. This latest funding brings Amazon’s total investment in the San Francisco-based company to $8 billion, while Amazon retains a minority stake. The companies are deepening their collaboration following their initial strategic partnership announced last September, when Amazon first invested $4 billion and Anthropic designated AWS as its primary cloud provider. Under the expanded agreement, Anthropic will use AWS Trainium and Inferentia chips to train and deploy its future foundation models. “The response from AWS customers who are developing…
Chainlink announced a significant upgrade to its platform during SmartCon 2024 today, revealing a modular, composable architecture designed to make the platform more flexible and accessible to developers, businesses, and financial institutions. Chainlink Unveils Modular Architecture with ‘Runtime Environment’ in Major Platform Upgrade At the heart of this upgrade is the Chainlink Runtime Environment (CRE), which is currently in early access. This new architecture is designed to enable interoperability between multiple blockchains, meeting the growing demand from capital markets and the Web3 ecosystem. Chainlink, a decentralized oracle network that acts as a bridge between blockchains and real-world data, APIs, and…