Author: NBTC

Network News ETHEREUM FOUNDATION STARTS EXPERIMENTING WITH DVT-LITE TECH: The Ethereum Foundation is testing a method for running validators that could make it significantly easier for institutions holding large amounts of ether to set up staking infrastructure, widening the pool of participants and creating a more decentralized network. In a post on X, blockchain co-founder Vitalik Buterin said the foundation is using a simplified version of distributed validator technology, or “DVT-lite,” to stake 72,000 $ETH. The experiment aims to make running validators across multiple machines less complicated. Buterin said the goal is to reduce the process to something close to…

The Ethereum price faces key resistance at $2,142 and $2.648 levels U.S. SEC submitted a formal interpretation on how federal securities laws could apply to specific crypto assets and related transactions. The crypto fear and greed sentiment at 22% suggest an intact bearish sentiment among market participants. $ETH, the second largest cryptocurrency by market capitalization, bounced over 7% during Wednesday’s to current exchange hands at $2.129. The buying pressure aligns with broader market recovery amid the massive short-liquidation and Securities and Exchange Commission submitting a Commission-level interpretation to OIRA clarifying how federal securities laws apply to crypto assets and transactions.…

Bitcoin and altcoins started the new week lower, affected by US-Iran tensions and President Donald Trump’s tariffs. While some see this dip as a buying opportunity and others as a signal of further declines, Bitcoin ($BTC) and Ethereum ($ETH) bulls made additional purchases of Strategy and BitMine. Accordingly, Strategy, the largest institutional Bitcoin bull, did not let the past week go to waste either, purchasing an additional 592 $BTC. Accordingly, Strategy announced that it purchased an additional 592 million $BTC last week for approximately $39.8 million. The company’s average purchase price was $67,286 per coin. Strategy also added that as…

ASUNCIÓN, Paraguay – February 2025: Paraguay’s National Directorate of Tax Revenue (DNIT) has implemented sweeping cryptocurrency regulation measures that fundamentally transform how digital assets operate within the nation’s financial ecosystem. This decisive action establishes comprehensive reporting requirements for all cryptocurrency platforms operating in Paraguay, marking a significant evolution in the country’s approach to digital finance oversight. Paraguay Crypto Regulation Framework Details The DNIT resolution, published in late January 2025, creates mandatory reporting obligations for cryptocurrency exchanges and trading platforms. These entities must now submit detailed transaction information for all user activities occurring on their systems. The regulation specifically requires platforms…

Crypto trading surged on Japan’s Bitflyer on Monday as the Nikkei slid, with the Tokyo-based exchange posting a larger jump in volume than global platforms such as Binance and Coinbase during a sharp selloff in Asian equities. According to CoinGecko data, Bitflyer’s 24 hour trading volume is up 200% compared to 112% on Coinbase, and 75% on Binance. Activity on Korean exchanges was more muted, with Upbit volumes rising 27.1% and Bithumb up 49.0%. The surge in Japanese crypto trading coincided with a sharp selloff in regional equities, as Japan’s Nikkei slid alongside declines in Korea and Taiwan amid an…

Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to sell excess electricity generated during the day due to increased solar power usage. The Solar Paradox In a shift that seemed impossible only two years ago, South African state-owned power utility company, Eskom, is reportedly pursuing the exact demographic it once had to avoid: power-hungry, high-intensity energy consumers. Speaking at a recent conference, Eskom Chairman Mteto Nyati reportedly revealed that the state-owned utility is planning to sell excess daytime electricity to bitcoin mining companies. The strategy…

The open-source payment protocol x402 has been integrated with Etherlink, an EVM-compatible interface for the Tezos ecosystem. The solution was originally developed by Coinbase, a US-based cryptocurrency exchange and blockchain infrastructure company. The Etherlink implementation, called Tez402, was led by TZ APAC, an Asia-Pacific organization supporting Tezos ecosystem growth. The integration allows developers to turn any Etherlink API into a paid endpoint that charges for each request. Payments are made on-chain using stablecoins, without subscriptions, invoices, or third-party payment processors. The x402 protocol is designed for fast, low-cost payments for digital services. It is aimed at situations where traditional payment…

The Ethereum faces a risk of 12% drop as sellers continued to defend $2,142 resistance. A breakout from the narrow range between $2,142 and $1,800 could determine the next dynamic move in $ETH. Ethereum’s New address creation averaged 284,800, signaling strong network expansion. On March 5th, the Ethereum price plunged 1.5% to reach its current trading value of $2,096. The downtick follows the footsteps of Bitcoin as the recovery momentum takes a short breather after the early week recovery. While $ETH’s price action does not offer a clear conviction of sustainable recovery, its network activity shows strong underlying growth in…

It has been claimed that US President Donald Trump and officials from the Board of Peace are considering the option of creating a dollar-pegged stablecoin for the region as part of plans to restructure the Gaza economy. According to five sources familiar with the matter, a cryptocurrency-based solution is being considered to expand digital payments in Gaza, where the economic infrastructure has largely collapsed following the Israel-Hamas war. The stablecoin plan is reportedly still in its early stages, with many details regarding its implementation unclear. However, discussions suggest that a cryptocurrency pegged to a mainstream currency like the US dollar…

From prison, SBF is calling Gensler’s tenure the single biggest threat crypto faced under Biden. The allegation involves a covert DC campaign to strip the CFTC of power and licenses that were demanded but never actually existed. SBF is crediting Trump for ending what he couldn’t fight from the outside. Sam Bankman-Fried is serving 25 years in a California federal prison, his retrial request was pushed back on, and yet the FTX founder remains one of the louder voices shaping crypto’s regulatory conversation – this time taking direct aim at Gary Gensler. In a post on X, Bankman-Fried didn’t just…