Author: NBTC
Pat Toomey says a major crypto regulation bill focused on stablecoins is nearing Senate approval. The bill aims to boost U.S. crypto innovation while enforcing stronger consumer protections. Toomey warns against attaching the controversial Credit Card Competition Act to avoid derailing bipartisan support. Big changes might be coming to the U.S. crypto scene. In a recent interview on Bloomberg TV, former U.S. Senator Pat Toomey, now part of Coinbase’s Global Advisory Council, shared that a major crypto regulation bill is close to being passed in the Senate. If approved, it could reshape how digital assets are governed in the U.S.,…
The level of Bitcoin mining energy consumption is on par with that of some countries. This statement is often mentioned as one of Bitcoin’s main drawbacks, as consumption takes its toll on the environment. However, Bitcoin advocates argue that things are not that simple, and in some ways, Bitcoin is an eco-friendly technology. How come, and who’s right? Proof-of-work The Bitcoin network is protected from spam attacks with a mechanism known as “proof-of-work.” The earliest installment of this algorithm was created by Cynthia Dwork and Moni Naor in 1993, long before Bitcoin’s emergence. The essence of this mechanism is the…
Bitcoin, the first and largest cryptocurrency by market capitalization, kicked off May on a positive note, reaching its highest level since late February as investors’ appetite for risk was rekindled across financial markets. The leading cryptocurrency asset posted a strong surge on May 1, printing a significant green daily candlestick following two straight days of decline at the start of the week. Bitcoin increased from a low of $94,115 to $97,483, its highest since Feb. 21. Bitcoin has recovered almost 21% from its February low of $78,900 and roughly 28% from its early April low of $75,000. The rebound was…
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. With Bitcoin dominance climbing to a 4-year high of 63%, it is clear that the altcoin market is not doing so well. Many a memecoin has sullied the crypto experience, alongside constant generation of new tokens that dilute the market. Nonetheless, it remains the case that the underlying promise of blockchain technology is to remove the middlemen from financial transactions. More importantly, to innovate peer-to-peer finance in a way that leaves legacy banking behind. One such clear example of pushing financial innovation is LSDFi,…
Ethereum has captured the attention of the financial market with an incredible bull price increase of 65%, rising from $1,600 to a peak of $2,663.72. This increase is not a simple stroke of luck, but a movement supported by solid dynamics in the bull and bear markets and in the derivatives markets. Ethereum is now near a significant resistance level at $2,714, a crucial turning point that could determine its next moves and influence the entire altcoin sector. Ethereum in rally: what drives the price jump? Ethereum at a crossroads: the resistance at $2,714 Perspectives: Ethereum will lead the next…
Three participants of the IOTA Business Innovation Program (BIP) have been unveiled as they use the new infrastructure to provide lasting solutions in the areas of sustainability, education, food and pharma, etc. IOTA has disclosed that it would keep the BIP open until December 31, 2025, as it continues to welcome more builders. Earlier this year, IOTA announced the introduction of its Business Innovation Program (BIP) as part of the plans to support entities working on real-world solutions. According to that report, the newly upgraded mainnet was designed to play a crucial role in this as IOTA pledges hands-on support,…
The U.S. Securities and Exchange Commission (SEC) is seeing increased calls for clearer regulation of digital assets, especially cryptocurrencies. SEC Commissioner Hester Peirce, widely known as the “Crypto Mom,” has emphasized the need for precise and flexible regulatory guidelines tailored for the evolving crypto market.Meanwhile, Robinhood, a leading trading platform, has submitted a proposal to the SEC aimed at creating a federal framework for tokenizing real-world assets. These developments mark important steps in defining the future regulatory landscape for digital assets in the United States. Peirce Calls for Clear Guidelines on Crypto Tokens Hester Peirce stressed the urgency of clarifying…
Has Bitcoin price prediction turned a corner, with real on-chain movement toward $175,000 — or are we skipping steps by already entertaining BlackRock’s $700,000 thesis? Table of Contents BTC nears $98K as bullish momentum reignites Economy cools down, BTC heats up Bitcoin’s bull case builds 2025 Bitcoin price predictions: breakout or blowoff top? BTC nears $98K as bullish momentum reignites After weeks of sideways movement, Bitcoin (BTC) nearly touched $98,000 on May 2, reaching a high of $97,905. As of this writing, BTC is trading around $97,650, slightly below its peak but still holding most of its recent gains. BTC…
Popular on-chain data aggregator Glassnode has published a report about the recent price behavior of the second-largest cryptocurrency in terms of market capitalization value, Ethereum. Glassnode has spotted a major bullish sign logged by ETH and named a key price level to watch for traders. ETH shows bullish sign, here’s what level to watch Glassnode’s report pointed out that after Ethereum recovered the Realized Price level at $1,900 in May, which means that average holders are now back in profit. It happened after ETH unrealized profits switched to the level where this indicator “provides meaningful financial relief for many holders,…
Internet personality and actor Adam Conover has come under fire for promoting the Sam Altman-backed crypto project, World Chain. The project received backlash in several countries due to data privacy concerns. An Instagram reel posted on Conover’s official Instagram account showing the internet personality registering for a World ID on Sam Altman-backed crypto project World Chain (WLD) has sparked criticism and speculation online, particularly on Reddit forums. In a three-minute long video jointly posted on the World official account, Adam Conover explained to the viewer that he was paid by World project to come to a keynote event they were…