Author: NBTC
For the first time, a sitting U.S. lawmaker has disclosed purchasing XRP, signaling a pivotal moment for crypto adoption in politics. According to a filing, Pennsylvania Representative Guy Reschenthaler (R) revealed an investment in XRP worth between $1,000 and $15,000. This disclosure came from the Pelosi Stock Tracker account on X, which monitors investment activities of lawmakers. Data from the filing reveals that besides XRP, Reschenthaler also invested in Bitcoin (BTC) and Solana (SOL) within the investment range of $1,000 to $15,000. Notably, these investments occurred last month, December 2024. Rep Reschenthaler Buys XRP The purchase comes amid heightened speculation…
Positive moves are expected for the cryptocurrency industry after Donald Trump takes office as president and makes changes to critical positions such as the SEC and CFTC chairmanships. Trump’s nomination of Paul Atkins to head the SEC is awaiting confirmation by the Senate. While confirmation for Paul Atkins is eagerly awaited, Bitwise Chief Compliance Officer (CCO) Katherine Dowling said that the SEC is currently in a transition period and needs to approve the appointment of the new chairman, Paul Atkins. Stating that the SEC’s new crypto task force is incredibly realistic, Dowling said that he expects the task force to…
Flare and Google Cloud are betting on decentralized AI as they launch a hackathon with a $100,000 prize pool at UC Berkeley. The target=”_blank”>FLR) and Google Cloud are teaming up for the Verifiable AI Hackathon at UC Berkeley, where developers will compete to build AI applications that combine off-chain processing and blockchain technology, crypto.news can exclusively confirm. The event, taking place from March 7-9, will feature a total prize pool of $100,000, with $60,000 allocated for in-person participants at California Memorial Stadium and $40,000 for virtual participants on DoraHacks. The hackathon will focus on Trusted Execution Environments, which enable complex…
Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum started a decent upward move above the $2,500 support zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,920 level. Ethereum Price Attempts Recovery Ethereum price started a major decline below the $2,800 level, underperforming Bitcoin. ETH declined…
World Mobile, a blockchain-powered mobile network, has partnered up with DITO CME, the parent company of Dito Telecom, one of the fastest-growing mobile operators in the Philippines, according to the latest reports disclosed to Finbold on February 5. The new partnership is expected to bring mobile and broadband services to rural areas while introducing blockchain technology to the country’s financial landscape. World Mobile’s AirNodes, some of which will be powered by Starlink’s Low Earth Orbit (LEO) satellite backhaul, will play a key role in the operations. Mobile and broadband services in underserved areas Merging DITO CME’s telecommunications ecosystem with World…
Ethereum’s $3,006 support is crucial—losing it could lead to a dip toward $2,850 before any recovery. Short-term bearish pressure persists as the 50-day moving average declines, while long-term trends remain within an ascending channel. Strong resistance above $4,200 may limit more upward movement, although breaking above $3,250 would bolster positive momentum. Ethereum (ETH) is experiencing volatility with prices circling $3,100. In light of a possible swing failure, analyst StefanB has cautioned traders who thought they had hit the bottom at $3,000 that they are not yet secure. In recent times, Ethereum has challenged the lower limit of an ascending parallel…
BNB Chain has been making headlines, setting records, and drawing investors worldwide. With a strong Q4 2024 and a $750 all-time high, its Binance-backed token is proving its mettle in a volatile market. The Market Cap Growth Of BNB Chain Although the last year has been somewhat turbulent for BNB, the fourth quarter of 2024 was a pivotal moment. Recent data shows that BNB’s market capitalization reached a solid $100 billion year-on-year (YoY). Messari’s most recent quarterly report indicates that in Q4 2024, BNB Chain grew significantly. The triumph of US President-elect Donald Trump set off a positive crypto market…
For over a decade, cryptocurrencies have been one of the many interests of the world’s most famous podcaster and Ultimate Fighter Championship (UFC) commentator Joe Rogan. In fact, the celebrity disclosed his Bitcoin (BTC) investment and made his BTC wallet address public already in April 2014, though he has done next to nothing with the cryptocurrency since. The value of owned coins, in the nearly 11 years that elapsed since the address was unveiled in an Instagram post, skyrocketed from about $3,200 to $483,763 at press time as, despite the downturn in recent weeks, Bitcoin remains almost 100% in the…
The on-chain voting period for IOTA token holders on the new proposal, IGP-0007: IOTA Growth Initiative, to raise public awareness and improve on-chain network metrics has officially begun. Voting will be conducted on the IOTA mainnet and facilitated through the Firefly and Bloom wallets, providing a smooth and secure voting process. The IOTA Governance Voting process is now open for token holders, with the introduction of proposal IGP-0007 aimed at launching the IOTA Growth Initiative. Official reports indicate that this proposal seeks to accelerate two key areas of ecosystem growth: Public Awareness and On-Chain Network Metrics. Having reached a soft…
Sen. Elizabeth Warren (D-MA), a prominent crypto skeptic, said Wednesday she wants to work with President Donald Trump and Senate Republicans to end the practice of debanking. It demonstrated a marked change in tone on crypto during a Senate hearing focused on allegations that major banks have routinely denied services to industry leaders. “Debanking is a real problem,” Warren, the top Democrat on the powerful Senate Banking Committee, said during the hearing. “This shouldn’t be happening, and we need to figure out why, and who is responsible.” That assertive stance may have come as a surprise to some in the…