Author: NBTC
BitcoinOS, a rollups protocol for Bitcoin, has announced the testnet launch of its cross-chain Bitcoin bridge solution, Grail Bridge. The solution enables users to securely and trustlessly transfer Bitcoin (BTC) to Ethereum Virtual Machine-compatible chains, the BitcoinOS team said in an announcement. The Grail Bridge testnet follows a key milestone for BitcoinOS in July 2024, when the platform successfully verified the first zero-knowledge proof on the Bitcoin mainnet. In November, the platform partnered with Merlin Chain to execute the first zero-knowledge bridge transaction. The launch of Grail Bridge sets BitcoinOS on the path to enhancing scalability and functionality for users…
Pseudonymous SHIB executive, its official marketing lead known as Lucie, has published a tweet titled “WILD WILD SHIB & BEYOND.” In that X message, Lucie spoke to the SHIB community about the lawless and unpredictable crypto frontier. The SHIB’s marketing expert talked about the reality of the “Crypto’s Wild West” to the SHIB army and proposed a weapon that can help them not only to survive but also to make profits, basically warning the community about not only the dangers lying ahead but also riches that they can find if they stay persistent and cautious. The reality of “crypto’s Wild…
The U.S. Senate Banking Committee has advanced the crypto industry’s stablecoin regulation bill, a first major step toward getting the effort to President Donald Trump’s desk to be signed into law. With its first committee approval, the bill that would regulate U.S. stablecoin issuers at the federal level now needs passage by the overall Senate, and a similar version also awaits approval in the House of Representatives. While a number of hurdles remain, including an eventual melding of the different bills from each chamber, the committee advanced the bill with a 18-6 vote. Many Democrats on the committee acknowledged the…
Bitcoin’s price remained in a tight range on Monday, continuing a trend that has persisted since November. Bitcoin (BTC) was trading at $96,500, where it has hovered for the past few days. The price is about 12% below its highest level this year. Bitcoin has wavered amid concerns that the Federal Reserve will maintain a hawkish stance as inflation remains high. Last week’s data showed that the headline consumer price index rose to 3.0% in January, marking its highest level in months. The labor market also showed strength, with the unemployment rate falling from 4.2% in December to 4.1% in…
Ethereum, the second-largest cryptocurrency after Bitcoin, has experienced a significant price decline despite the U.S. Securities and Exchange Commission’s (SEC) approval of Ethereum ETFs in 2024 and the addition of ETH to the U.S. Digital Asset Stockpile in 2025. The persistent drop in Ethereum’s price has sparked intense discussions among crypto traders, analysts, and hedge funds. Crypto analyst and trader Ted Pillows warns that the worst may still be ahead for ETH, predicting a potential further decline to the $1,600–$1,400 range. He further supports this claim by highlighting that Ethereum’s current capitulation candle closely mirrors the historic March 2020 crash.…
While the meme coin sector has witnessed billions vanish into thin air in recent weeks, the artificial intelligence (AI) coin market has experienced its own dramatic downturn, shedding over $15 billion in value since Jan. 16. AI Tokens Face $15B Setback AI coins enjoyed a stellar rise throughout 2024, fueled by the emergence of AI agent tokens, which sparked yet another notable uptick at the dawn of 2025. Yet, the past 30 days have painted a starkly different picture, with $15 billion evaporating from the AI coin domain which was once worth $37.62 billion. Nearly every leading AI coin has…
The U.S. Senate Banking Committee voted in favor of advancing the stablecoin-focused GENIUS Act to a full Senate vote Thursday, with the legislation receiving bipartisan support. The bill passed through committee by a vote of 18-6, with five Senate Democrats joining Republicans to push the bill over the finish line with considerable breathing room. Democrats who voted for the GENIUS Act’s passage include bill cosponsor Angela Alsobrooks (D-MD), as well as Senate Banking Committee members Mark Warner (D-VA), Andy Kim (D-NJ), Lisa Blunt Rochester (D-DE), and Ruben Gallego (D-AZ). The bill’s sponsor, Bill Hagerty (R-TN), said he intends for the…
In an interview, Anthony Scaramucci predicted that Bitcoin could reach $200,000 this year, driven by potential U.S. moves toward a strategic crypto reserve, growing global adoption, and increased institutional interest. Anthony Scaramucci, founder of SkyBridge Capital, believes the United States is on the verge of establishing a strategic crypto reserve, with Bitcoin (BTC) as its cornerstone asset. In a recent interview hosted by Saxo to mark President Donald Trump’s first 30 days in power, crypto.news was invited to submit questions. Scaramucci suggested that bipartisan discussions, spearheaded by figures like David Sacks, are laying the groundwork for this move. “David Sachs…
An increase in supply on exchanges increases fears of further price drains. Ethereum experiences increasing volatility with the possibility of declines in the very near term. More than 100,000 ETH moved to the exchanges: Ethereum just changed its market status. There has been a dramatic occurrence with regard to Ethereum, since within only two days, more than 100,000 ETH have moved to exchanges. The huge cash influx on the exchanges is all that matters regarding selling pressures. On March 12, 2025, according to the Santiment data, more than 9.2 million ETH worth around $18.3 billion were either actively being traded…
Binance co-founder Chanpeng Zhao has left a cryptic post on his X account, triggering curiosity among a section of the crypto community. Zhao’s message was his reply to a post by a crypto user on the social media site, who noticed a pattern in the former Binance CEO’s actions. I wonder what the next 4 years will be like. 😉 — CZ 🔶 BNB (@cz_binance) February 17, 2025 According to the user, Zhao has started a cryptic 4-year-patterned signal for PancakeSwap, one of the top decentralized exchanges (DEX) on the Binance Smart Chain (BSC). The user noted that four years…