Author: NBTC

Bitcoin proponent and co-founder of MicroStrategy Michael Saylor has issued a cryptic Bitcoin message to the global community. He took to his X (formerly Twitter platform) account to address Bitcoiners around the world as the leading global cryptocurrency has attempted to recover after its 3.20% decline in the past 24 hours. Saylor’s message about “Bitcoin power” The MicroStrategy co-creator, its former CEO and currently executive chairman who is focused on the company’s Bitcoin strategy published an AI-generated image which features a pair of scales with an image of a physical BTC coin in both pans of it. “Bitcoin is the…

While the possibility of a FED interest rate cut in September has increased following the positive CPI figures from the USA yesterday, the probability of a September interest rate cut is priced at 88.1%, according to CME FEDWatch. While it was expected that the FED’s first interest rate cut in September would support the rise in Bitcoin and altcoins, 10X Reserach founder Markus Thielen, who attracted attention with his forthright statements, said that the situation is not as simple and rosy as it seems. Thielen stated that the positive inflation data received yesterday probably laid the groundwork for the FED…

Zentry, a unique gaming platform that goes beyond the conventional DAO structures, has announced a development. According to it, the platform has commenced a strategic funding round that takes into account DWFLabs, Synergis, LongHash Ventures, and The Spartan Group, apart from several angel investors. The company disclosed this on its official X account. Congratulations team! Looking forward to your success in the gaming and SocialFi 🔥 https://t.co/0mehEuk8Hc — DWF Labs (@DWFLabs) May 30, 2024 Zentry Begins a Unique Strategic Funding Round In a series of posts, the company provided significant details about the new endeavor. It noted its enthusiasm regarding…

Lithuania—the seaside country—has fined Payeer, a crypto company, €9.3 million ($10.1 million) for financial sanctions and money laundering violations involving its Russian clientele. According to Bloomberg, the Financial Crimes Investigation Service (FNTT) under the Ministry of Internal Affairs of the Republic of Lithuania fined the Payeer, which is registered in Lithuania. Payeer to Pay €9.3 million ($10.1 million) in Fines Since the geopolitical war began between Russia and Ukraine, many countries in Europe and the West imposed sanctions on Russia for crimes of war. Lithuania was one of them, considering it has been a member of NATO since 2004. During…

A year later, the news is circulating again that the CEO of Uber, Dara Khosrowshahi, claims that the company will soon accept payments in Bitcoin and crypto. Uber and the interview with the CEO: the company “will definitely” start accepting payments in Bitcoin and crypto Uber and its CEO: when will the company start accepting payments in Bitcoin and crypto? The price of BTC fluctuates and resists Uber and the interview with the CEO: the company “will definitely” start accepting payments in Bitcoin and crypto In these hours, the news is circulating again that the CEO of Uber, Dara Khosrowshahi,…

Key Points: Abra expands crypto holdings with Valkyrie’s Tron and Zilliqa Trusts acquisition. Settles with 25 U.S. states, ceases U.S. operations, refunds $82.1M to customers. Cryptocurrency trading platform Abra finalized its acquisition of multiple private cryptocurrency trusts from Valkyrie crypto trusts in what could be termed a strategic move amid regulatory challenges. The acquisition, concluded by Abra Capital Management LP in May, comprises active trusts for Tron and Zilliqa, other than those due for launch. According to filings with the U.S. Securities and Exchange Commission, Valkyrie crypto trusts reported that these trusts sold significant assets. As of October last year,…

VeChain demonstrated its innovative digital carbon management platform, VeCarbon, at the AWS China Summit, emphasizing its role in sustainable global business expansion. The integration of VeChain’s solutions with AWS technology highlights its readiness to lead the sustainability industry. According to an update on VeChain’s official website, the company recently took center stage at the Amazon Web Services (AWS) China Summit Energy Forum in Shanghai. This prominent event within the energy sector showcased how cloud services and generative AI can propel enterprises towards not only global expansion but also towards achieving zero-carbon and sustainable development goals. Digital Carbon Management in Focus…

Ripple CEO Brad Garlinghouse is meeting with crypto industry leaders and executives, potentially to discuss digital asset policies in the United States. This roundtable meeting comes amid the US election, where former President Donald Trump and President Joe Biden are vying for the presidency. U.S. Representative Ro Khanna (D-CA) will host the roundtable. Alongside Ripple CEO Brad Garlinghouse, billionaire investor Mark Cuban, a major stakeholder in Polygon (MATIC), will also attend. This is all I needed to know. $XRP https://t.co/zmw72yULDQ pic.twitter.com/rLi7vKuZGT — Subjective Views (@subjectiveviews) July 10, 2024 Other prominent industry members joining Khanna’s meeting include SkyBridge Capital founder and…

The Bitcoin (BTC) accumulation phase seems to have started as the BTC price wanders below the $60,000 mark for a week. According to data provided by Glassnode, the BTC accumulation trend surged from 0.05 on June 1 to 0.44 as of July 10. This level hasn’t been seen since April 11, when the flagship cryptocurrency traded for $70,000. BTC price and accumulation trend score – July 11 | Source: Glassnode The indicator started to rise while the German government was offloading its BTC holdings over the past week, causing a market-wide bearish momentum and FUD (fear, uncertainty and doubt). Consequently,…

Crypto startups got $481 million from venture capital (VC) funds in June, a 38.2% drop compared to the total raised in May. As usual, investments in infrastructure providers dominated the amount raised last month but lost ground to decentralized finance (DeFi) and blockchain gaming. After surpassing $1 billion in funding back in March, when Bitcoin broke its all-time high, the crypto sector saw the money pouring from VCs shrinking with each passing month. Despite a slight quarter-on-quarter 2.6% fall, the total raised in June is 52.8% smaller when compared to March. Of the total raised last month, crypto startups building…