Author: NBTC
The U.S. Securities and Exchange Commission (SEC) has confirmed that Gary Gensler and Jaime Lizarraga have stepped down from their roles as commissioners. Data on the SEC’s website revealed only three commissioners, including Hester Pierce, Caroline Crenshaw, and Mark Uyeda, remain from the previous five. In a post on X, crypto lawyer James Murphy referred to this development as “the beginning of a new era.” Murphy noted that the SEC can still function with a quorum of three commissioners and decisions can be made through a two-to-one vote. It’s Official! New Era at SEC Has Begun.The SEC website confirms there…
IQ GPT, a globally known tokenized agent for decentralized finance (DeFi), is reportedly live on SOON Network to offer enhanced blockchain solutions. SOON Network, founded in 2024 by Joanna Zeng, intends to provide support for high-throughput deployment of SVM Layer 2 solutions on various Layer 1 blockchains. IQ GPT is live on SOON Network! 🚨@soon_svm is an SVM Rollup that aims to support high-throughput deployment of SVM Layer 2 solutions on various L1 blockchains.IQ GPT in the SOON community would provide quick & accurate responses to blockchain queries, educate members, &… pic.twitter.com/D89DtViOvj — IQ AI (@IQAICOM) January 24, 2025 In…
Michael Saylor, CEO of MicroStrategy and a well-known advocate of Bitcoin, has delivered another unflinching statement about his favorite cryptocurrency. Through a recent post, he reiterated his firm belief in Bitcoin’s unmatched position in the digital asset world. His commentary came with an AI-generated image — a visual depiction of himself bearing a shield labeled with Bitcoin’s iconic symbol. The tone of the post? It was a classic Saylor move. It is a message that feels familiar but still has weight. Saylor’s conviction is crystal clear. He is convinced that Bitcoin is one of a kind, and nothing can challenge…
Crypto analyst BasicTrading has revealed a bullish pattern that has appeared for the Ethereum price, which hints at a rally to $4,000. This again provides some optimism concerning ETH, which has continued to underperform in this market cycle. Ethereum Price Eyes $4,000 With This Bullish Pattern In a TradingView post, BasicTrading revealed that a breakout to $4,000 looks to be on the horizon for the Ethereum price following the formation of a rising channel pattern. This bullish prediction came as the analyst noted that ETH had been retesting the previous all-time high resistance and was not able to break it.…
MicroStrategy’s Michael Saylor has proposed a comprehensive Digital Assets Framework to position the United States as a global leader in the digital economy. The blueprint strives to unlock trillions in value, streamline regulation, and reinforce the U.S. dollar’s dominance following the newly elected Donald Trump administration. In the second term, Donald Trump is expected to form a crypto-friendly regulatory framework, including a Bitcoin reserve. Michael Saylor Defines Digital Assets: A Clear Taxonomy Saylor’s framework proposes six distinct digital asset classes to create regulatory clarity: Digital Commodity- Issuer-less, backed by digital power (e.g., Bitcoin). Digital Security- Tied to traditional financial assets…
In the past 24 hours, a major cryptocurrency investor conducted important trades in the market. Onchain Lens shows that the whale deposited a total of $9.5 million made up of 400.1 million $PENGU into a new account. By transferring funds into a new wallet the whale proves the plan to maintain $PENGU token holding. In the past 24 hours, a whale has deposited 400.1M $PENGU worth $9.5MIn total, the whale has withdrawn from #Binance and bought 581.96M $PENGU worth $15.87M. Overall, the whale has sold 71.96M $PENGU for $1.93MCurrently, it holds 110M $PENGU worth $2.62M in two wallets.… https://t.co/kjzTcq3LWw pic.twitter.com/vTp5H1xKE7…
The European Securities and Markets Authority has urged national authorities in the European Union (EU) to ensure that exchanges are no longer making non-compliant stablecoins available for trading within the next two months. The regulator has requested that the 27 member states in the EU ensure crypto asset service providers (CASPs) are compliant when it comes to its stablecoin rules “no later than the end of Q1 2025,” ESMA said in a statement on Friday. “In practice, this means that CASPs operating a trading platform for crypto-assets are expected to stop making all crypto-assets that would qualify as ARTs and…
Alex Shevchenko says he is excited about user-specific generated front-ends and autonomous research agents, which he thinks will drive unprecedented progress in drug development and materials creation. Shevchenko: Autonomous AI Agents and Blockchain Interoperability to Reshape Tech and Science While today’s large language models (LLMs) have become “extremely” proficient at language-related tasks, Alex Shevchenko, co-founder and CEO of Aurora Labs, said he is more “excited about the potential of helper agents for software, hardware, and general engineering tasks.” Although the technology is “not quite yet there,” a confident Shevchenko said he is placing a “high bet on user-specific generated front-ends.”…
Bitcoin’s (BTC) price cycle continues to gain traction, with analysts pointing to optimistic projections for its peak in this market cycle. Notably, a recent analysis by TradingShot highlights the cryptocurrency’s consistent alignment with Fibonacci extensions, suggesting a minimum peak of $185,000. This optimistic prediction is grounded in applying Fibonacci extensions to Bitcoin’s market cycles, with a focus on the 5.0 Fibonacci level, which has historically marked cycle tops. Historical patterns and Fibonacci extensions TradingShot’s approach measures Fibonacci extensions from the cycle’s bottom to the point where Bitcoin first makes contact with the 50-week moving average (MA50). This approach has consistently…
In the past 24 hours leading up to January 24, 2025, Ethereum (ETH) has experienced a price increase of approximately 2.57% as the price currently stands at $3,395.47. This upward movement indicates a resurgence in buying interest, possibly driven by recent market developments and positive sentiment surrounding the platform’s technological advancements. Ethereum Price Analysis Analyzing the hourly chart, ETH has demonstrated a bullish trend. The Relative Strength Index (RSI) is approaching overbought territory, suggesting strong buying momentum. The Moving Average Convergence Divergence (MACD) has shown a bullish crossover, with the MACD line crossing above the signal line, indicating potential for…