Author: NBTC
Avalanche is positioning itself for significant growth in the US by leveraging the Trump administration’s focus on technological advancement On Jan. 21, Emin Gün Sirer, founder of Ava Labs, shared optimism about the administration’s emphasis on innovation, describing it as a timely push for transformative growth. According to him, Avalanche intends to align its initiatives with this momentum to accelerate the adoption of blockchain technology within the US. He stated: “President Trump’s renewed focus on American innovation and growth is long overdue. Now is our moment. Let’s get to work bringing real world activities on chain, and making American the…
Senator Charles Schwertner has announced that he proposed a bill to establish the first state-level Bitcoin strategic reserve in the United States. Through an X post, Charles said he had filed Senate Bill 778 (SB 778), a bold proposal that, if passed, would make Texas the first state in the nation to establish a Strategic Bitcoin Reserve. It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve. That’s why I filed SB 778, which, if passed and signed into law, would make Texas the first state in the nation to establish a Strategic Bitcoin Reserve. This…
The builders of Solana-based crypto derivatives exchange Ranger Protocol are jumping on the AI train, too, after raising $1.9 million from venture investors. Ranger’s eponymous trading venue pools crypto perps (the most popular investment contract in DeFi for trading tokens like SOL) from multiple protocols to secure good deals for traders. Since launching in late December, it has facilitated $25 million in trades, a drop in the bucket of Solana’s total perps landscape. The protocol is now planning to add new product lines that give customers access to AI-assisted trading strategies, co-founder Coby Lim told CoinDesk. A press release described…
Polymarket data suggests a 93% likelihood of a Solana ETF gaining approval in 2025, intensifying discussions about SOL price’s future trajectory. This comes as Rex Shares filed for several crypto ETFs, including the Solana ETF. The growing optimism surrounding Solana has sparked predictions of the token reaching $400 or more in the coming months. SOL Price to Rally Amid Solana ETF Hopes On January 20, 2025, Solana traded at around $247, with price fluctuations marking an intraday high of $276.79 and a low of $231.70. The cryptocurrency’s recent performance has attracted attention, particularly after it recorded a new all-time high…
Bitcoin price is attempting a recovery wave above the $98,000 zone. BTC is rising and now struggles to settle above the $100,000 zone. Bitcoin started a recovery wave above the $98,000 zone. The price is trading above $98,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone. Bitcoin Price Tests Hurdles At $100K Bitcoin price started a short-term recovery wave above the $95,000 zone.…
The NFT market continues to evolve, with numerous projects emerging to capture the interest of collectors, investors, and creators. Social activity has become a key indicator of the most prominent NFT projects, and recent data reveals a clear picture of which tokens are driving the most engagement in the space. TOP #NFT PROJECTS BY SOCIAL ACTIVITY$PENGU $ICP $RENDER $FLOKI $FET $VRA $XTZ $APE $ME $MANA pic.twitter.com/EQUSYTxg36 — PHOENIX – Crypto News & Analytics (@pnxgrp) January 25, 2025 According to recent data from Phoenix Group and LunarCrush, the NFT market is seeing high levels of interaction from several projects, with notable…
OKX Ventures, The Open Platform, and Folius Ventures launch a $10 million Telegram growth hub. A first batch of seven projects, selected for this program, will get acceleration services and guidance for two months. OKX Ventures, The Open Platform, and Folius Ventures jointly launched a $10 million Telegram growth hub to bring the large user base of the social media platform into the Web3 space. As per the latest update from the OKX, they selected the first batch of projects for this program to offer acceleration services and guidance. Excited to announce the first cohort of the @telegram Growth Hub…
NEAR Protocol boosts blockchain scalability with Nightshade, achieving 100K TPS and 1-second block finality. Render Network decentralizes GPU power for 3D rendering, machine learning, and AI, enabling cost-efficient scalability. DeXe Protocol transforms DAO governance with equitable growth, powered by DEXE tokens and strategic partnerships. NEAR Protocol, Render Network, and DeXe Protocol are making waves in the AI and crypto landscape. These innovative projects are pushing boundaries in blockchain scalability, decentralized GPU computing, and DAO governance, positioning themselves as top AI coins to watch. NEAR Protocol(NEAR) Enhances Blockchain Scalability and Usability Source: Coinmarketcap NEAR Protocol operates as a layer-one blockchain that…
Bitcoin shows bullish potential after rebounding from $91,070, eyeing resistance at $101,165. Key moves ahead. Support at $91,070 remains crucial, with RSI showing strength. Bitcoin’s next move depends on overcoming the $101,165 resistance. The market consolidates between key levels. Traders await Bitcoin’s breakout or pullback at the $91,070 and $101,165 zones. As Bitcoin consolidates close to crucial resistance, its price behavior suggests a possible breakout. Bitcoin is currently trading at $96,654.85, indicating positive momentum after rising from $91,070.40. This crucial move sets the stage for a test of the resistance level of $101,165.33 and indicates buyer interest close to vital…
Galaxy CEO Mike Novogratz has opined that artificial intelligence is “the new arms race.” This comes after the recent announcement of The Stargate Project, the new company that is seemingly poised to become the biggest AI infrastructure project to date. OpenAI has teamed up with Softbank, Oracle, and UAE-based tech-focused investment company MGX in order to fund the venture, which has already managed to secure $100 billion. The joint venture has pledged a staggering $500 billion for AI infrastructure development in the US. The venture, which is currently dominating headlines in the mainstream media, has already been compared to the…