Author: NBTC

VC funding in January is on track to grow by 100% compared to the same month in 2024. To date, deals amounted to $1.14B, the usual pace for the most recent successful quarter. Crypto VC deals continued at a higher baseline for the first month of the new year, extending the growth from the last quarter of 2024. In January, VC funding to date reached $1.14B, on track to post 100% growth compared to January 2024. The data varied based on the inclusion of crypto deals. Funding included a mix of seed rounds and advanced-stage inflows, with undisclosed rounds producing…

The meme coin known as Official Trump has skyrocketed in value since its launch on Jan. 17, reaching $38.31 at last check Sunday — one day before the U.S. presidential inauguration. The cryptocurrency (TRUMP), which President-elect Donald Trump launched as an homage to himself, is quickly gaining traction in the digital asset space, with trading volumes surging on major platforms like Binance and OKX, where it is listed. The coin’s rally reflects a growing appetite for meme coins backed or launched by famous individuals. The downside is that these types of assets often experience speculative booms due to their viral…

Kazakhstan plans to expand legal crypto operations, with president Kassym-Jomart Tokayev calling for urgent changes to improve the country’s infrastructure for digital assets. With the U.S. government becoming more crypto-friendly, Kazakhstan‘s president Kassym-Jomart Tokayev is pushing for a fast expansion of the country’s crypto infrastructure. Speaking at a government meeting, Tokaev emphasized that the country needs to quickly adjust to the new tech landscape. He pointed out that many crypto users in Kazakhstan are still operating in what he called the “gray zone.” Per Tokaev, only about 5% of crypto investors are using regulated platforms like those in the International…

INX has listed Solana (SOL), TRUMP, and MELANIA on its regulated trading platform. Solana (SOL) is making headlines lately after it hit an all-time high of $294.33. TRUMP and MELANIA tokens were launched with the inauguration of Donald Trump and have become very popular. INX, a leading regulated marketplace for tokenized real-world assets (RWAs), security tokens, and cryptocurrencies, has officially listed three new digital assets: Solana (SOL), TRUMP, and MELANIA. This move expands investment opportunities on INX.One, the world’s first fully regulated all-in-one trading platform. INX.One traders can now trade SOL, TRUMP, and MELANIA Starting at 10:00 AM EST on…

Video game commerce company Xsolla has launched its Xsolla ZK chain on Ethereum’s Sepolia testnet, introducing a “digital backpack” for on-chain virtual items. Using Xsolla ZK’s “digital backpack,” developers, item creators and gaming infrastructure providers will be able to store and manage in-game items on-chain. “Xsolla ZK is not just about innovation; it’s about creating real value for the gaming community,” said Lee Jacobson, Senior Vice President of Business Development Web3 at Xsolla, in a press release shared with Decrypt. Xsolla ZK public testnet is live on Sepolia! Come and test the network. Block explorer: https://t.co/CS3kXWw6MX pic.twitter.com/6T2HU7GICr — Xsolla ZK…

Ming Shing Group Holdings Limited, a Hong Kong-based company specializing in construction trades, has made a bold entry into the cryptocurrency market. The company announced in a press release that its wholly owned subsidiary Lead Benefit (HK) Limited purchased 500 Bitcoins worth a total of approximately $47 million at an average price of $94,375 per Bitcoin. The acquisition was completed on January 9, 2025, as part of Ming Shing’s strategy to use idle funds for short-term investment. The company aims to capture potential appreciation in Bitcoin’s value while maintaining the flexibility to liquidate assets and reinvest in its construction trades…

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is poised for a massive upside rally as it has formed bullish price action on the daily timeframe. Despite the recent decline in the cryptocurrency market over the past few days, the price action suggests that sentiment is ready to shift from a downtrend to an uptrend. Ethereum (ETH) Technical Analysis and Upcoming Level According to expert technical analysis, Ether has broken out of a bullish falling wedge pattern that it has been forming since November 2024. Following the breakout, sentiment appears to have completely shifted. Based on historical price momentum,…

Binance billionaire founder Changpeng Zhao (CZ) is making a bold return to the crypto space after serving a four-month prison sentence in the United States for legal violations. Today, Zhao’s newly founded venture capital firm YZi Labs announced its first major investment, a $16 million funding round in Sign, a platform focused on simplifying token distribution and on-chain identity verification. Zhao said the following regarding the issue in his shared message: “Proper distribution builds trust, and verification is a big part of that. As more people move on-chain, it becomes a critical part of this underlying infrastructure.” Sign specializes in…

Within just a day after its launch, Official Trump has become the talk of the town, with its price skyrocketing by triple digits. The asset has now received backing from two of the largest cryptocurrency exchanges amid its mindblowing rally and spectacular trading volumes. Binance, Coinbase Join the Pack It’s not every day that you see the release of a meme coin by a former and upcoming US president. But we do live in wild times, and that’s what happened on Friday evening when the president-elect, who will return to office on January 20, announced the launch of such a…

India’s cryptocurrency market has struggled under the weight of its harsh tax policies, raising concerns about the country’s position in the global digital economy. In 2022, the government imposed a 1% Tax Deducted at Source (TDS) on crypto transactions exceeding ₹10,000, alongside a 30% capital gains tax on crypto profits. Harsh Regulations or Smart Governance? The Divide in India’s Crypto Policy Officials framed these measures as necessary for regulation and financial oversight, but industry experts argue they have crippled trading activity, forcing many traders to exit the market. The impact was swift—crypto exchanges like WazirX and CoinSwitch Kuber saw trading…