Author: NBTC
Venture capital heavyweight a16z Crypto led a $15 million seed-round investment into Poseidon, a decentralized artificial intelligence (AI) data layer. Poseidon is built to provide access to training data for robotics and AI models that is “traceable, enforceable and monetizable,” according to an emailed announcement on Tuesday. The project was incubated by intellectual property (IP)-based protocol Story, another a16z portfolio company. Story aims to convert IP into programmable assets that can be licensed and managed using smart contracts on blockchains. “AI foundation models have already exhausted the most easily accessible training data,” a16z Crypto’s managing partner, Chris Dixon, said in…
President Donald Trump has voiced strong support for banning members of Congress and their spouses from trading stocks. The White House emphasized this during a Thursday briefing, framing the initiative as a critical move to curb unethical financial gains by lawmakers. Trump Administration Targets Pelosi’s Record In its push for reform, the Trump administration has singled out former House Speaker Nancy Pelosi as a central figure in the debate. Officials highlighted the significant growth of her personal wealth during her time in office as a key example of conflicts of interest that have eroded public trust. The White House noted…
BitToN has partnered with XChangeOn, which is an open-source arbitrage crypto exchange and the official partner of the Cricket World Cup. The partnership will enable users to connect to automated arbitrage, real-time market data, and trade on a more transparent execution layer. BitToN 🤝 @XChangeon Friends, we’re thrilled to announce our partnership with XChangeOn — The world’s first open-source, arbitrage crypto exchange, which is the official partner of the Cricket World Cup! 🏆[ Announcement: https://t.co/cwb3vucMgQ ][ WCL:… pic.twitter.com/HvzLSHuMom — Bitton (@Bitton_app) July 31, 2025 By collaborating towards the big global sporting event, BitToN’s massive audience and XChangeOn’s developed technology stack…
Bitcoin remained buoyant as of July 14, 2025, with its price stabilizing at $121,680. The cryptocurrency’s market capitalization hit $2.42 trillion, supported by a strong 24-hour trade volume of $56.62 billion and an intraday range spanning $117,935 to $123,236. Bitcoin Price action over the past 24 hours indicates that bitcoin is firmly entrenched in a bullish cycle, with higher timeframes signaling continuation patterns, while shorter timeframes warn of exhaustion. On the daily chart, bitcoin has appreciated roughly 25 percent, climbing from $98,240 to a local high of $123,236. This breakout came on the heels of a long consolidation period and…
Ethereum price rebounds after testing its daily level of $3,730 on Tuesday, following a new year-to-date high of $3,941 the previous day. Institutional demand for ETH continues to strengthen, with ETH ETFs adding a further 1.6 million ETH in the past six weeks. Market participants should be cautious as the upcoming tariff deadline and macroeconomic data releases suggest a potentially volatile week for ETH. Ethereum (ETH) price is rebounding above $3,800 at the time of writing on Tuesday after setting a new year-to-date high at $3,941 the previous day. Institutional demand for ETH remained robust, with the ETH Exchange Traded…
US President Donald Trump harshly criticized the high interest rates and said that Fed Chairman Jerome Powell will soon leave his post. The White House reportedly plans to visit the Fed headquarters on Thursday local time. Trump stated that current interest rates are putting homebuyers in a difficult situation, saying, “Powell is keeping interest rates too high, and this is negatively impacting the housing market.” Stating that the economy is strong, Trump said, “Interest rates should remain at 1% or even be lowered by 3 percentage points or more.” Trump also announced that eliminating the capital gains tax on home…
The Federal Deposit Insurance Corporation is deliberately blocking efforts to expose Operation Chokepoint 2.0 documents despite court orders compelling disclosure, Coinbase alleged in federal court filings Tuesday that accuse the banking regulator of systematic obstruction. Paul Grewal, Coinbase’s Chief Legal Officer, revealed the filing in a series of tweets, saying that “staff at FDIC continue to stonewall our efforts to shed light on the previous administration’s Operation Chokepoint 2.0. We can’t and won’t stand for it.” We also filed a motion to take additional discovery from the FDIC to get to the bottom of their FOIA practices, which as we’ve…
In the fast-paced world of cryptocurrency, staying informed about exchange announcements is paramount. A recent notice from South Korean crypto giant Bithumb has caught the attention of many, particularly those holding the SEI token. This isn’t just a routine update; it’s a crucial step designed to ensure the long-term health and efficiency of the Sei network. Understanding these developments is key to navigating your digital assets wisely. Understanding the Bithumb Announcement: Why the SEI Token Suspension? South Korean crypto exchange Bithumb has officially announced a temporary suspension of deposits and withdrawals for the SEI token. This suspension is scheduled to…
Bitcoin’s unprecedented surge, diverging sharply from traditional economic indicators like a weakening U.S. dollar and rising deficits, signals a market in “crisis mode,” according to an X analysis from financial newsletter The Kobeissi Letter. Deficit Spending Drives Bitcoin Rally Into ‘Abnormal’ Territory, Kobeissi Letter States The Kobeissi Letter, a subscription service providing fundamental and technical analysis on global capital markets for investors and institutions, highlighted bitcoin’s rapid ascent in a July 14, 2025, X thread. The cryptocurrency gained approximately $15,000 after July 3rd, when the U.S. House passed a significant spending bill referred to as the “Big Beautiful Bill.” BTC/USD…
Speaking on Bloomberg’s The Close program, Ethereum co-founder and ConsenSys founder Joe Lubin evaluated Ethereum’s adoption compared to Bitcoin and the future of crypto regulations. Lubin argued that the future of Ethereum is now a reality rather than a dream. Lubin stated that ETH stands out as a “productive and yielding asset.” Discussing Sharlink Gaming’s corporate treasury strategy, he explained that they accumulate ETH daily and immediately stake or re-stake it, thus capitalizing on the yield potential of decentralized finance. He added that this strategy aims to grow their ETH holdings faster than other Ethereum- or Bitcoin-based projects. Lubin stated…