Author: NBTC
One of the oldest Bitcoin ecosystem projects is moving to the next stage of enabling developers to build layer-2 networks using its computational layer. Rootstock is one of many projects currently advancing the goal of bringing greater utility and interoperability to Bitcoin, which it is doing using “BitVMX”, a modified version of the BitVM programming language. Rootstock’s project is weeks away from releasing software development kits (SDKs), allowing developers to start producing their own Bitcoin layer-2s using BitVMX, founder Sergio Lerner told CoinDesk. SDKs are sets of tools enabling third-parties to build applications using a particular platform or framework. “We…
Florida lawmakers are considering a proposal that would allow the state to invest public funds in Bitcoin. House Bill 487 is scheduled for a public hearing on Wednesday, April 10, in the Insurance & Banking Subcommittee. On April 8, it was included in the agenda for the Insurance & Banking Subcommittee in the House. If passed, the legislation would authorize Florida’s Chief Financial Officer to invest up to 10% of state funds in Bitcoin (BTC). FLORIDA Update:Bitcoin Reserve Bill HB 487 is scheduled for public hearing this Wednesday, in the Insurance & Banking SubcommitteeThis will be the first public SBR…
Decentralized finance (DeFi) protocol Umoja has released a product that allows Coinbase wrapped BTC (cbBTC) token holders to earn a 6% yield on layer-2 network Base. Umoja achieves its yield by tapping into a range of centralized and decentralized exchange strategies including covered calls and arbitrage, which involves buying an asset at on one venue and simultaneously selling it for a higher price on another venue. It’s worthing noting that cbBTC is a wrapped token and not bitcoin (BTC) itself, it is an erc20 token backed 1:1 by bitcoin held at Coinbase. The Umoja protocol supports a number of Yield…
Ethereum has been under significant bearish pressure for the past few months, with prices dropping from around $4,100 to the present level of $1,607, this represents a decrease of around 62% in price. The altcoin was up by 9.8% over the past 24 hours. This rally came after President Trump announced a 90-day pause on reciprocal tariffs. Even after this rally ETH is stuck inside the descending channel. Will it break above the immediate resistance of $1,809 or a break down to $1,100 is about to happen? Ethereum Price Analysis ETH is currently trying to establish a support level near…
April is looking like a big month for crypto, with several major token unlocks set to happen across different projects. These pre-planned releases of previously locked tokens often create market uncertainty, injecting billions in new supply, impacting valuations, and swaying investor sentiment. TRUMP Token Faces $420M Unlock After Price Plunge The biggest unlock on the list is the TRUMP token, with a massive $420 million worth of tokens being released on April 18; that’s 20% of the total supply. This comes shortly after a sharp market drop triggered by the White House’s announcement on April 8, which continued into April…
The U.S. House Financial Services Committee checked the next box in moving toward what Representative Bryan Steil referred to as the “second half” of President Donald Trump’s crypto agenda: a bill to set U.S. crypto market rules for a fully regulated domestic industry. Steil, the Republican chairman of the panel’s crypto subcommittee, said that the first half of Trump’s goal is well underway — Congress’ stablecoin legislation that’s already advanced through committees in both the House and Senate — so a Wednesday hearing explored the other long-awaited digital assets bill to establish the structure of crypto markets. Such hearings represent…
Neo has partnered with Inflectiv, a company specializing in transforming datasets into tokenized, tradeable, and revenue-generating assets. This collaboration is aimed at leveraging AI-empowered tools to improve data management, drive ecosystem growth, provide data markets, and utilize quantum-resistant encryption. Inflectiv’s platform offers AI-powered compression technology, achieving compression ratios of up to 200:1, real-time data access, and advanced encryption for enhanced security. These features are designed to support a scalable, trust-certified AI data marketplace, enabling seamless exchange between contributors, developers, and enterprises. Through this partnership, Neo and Inflectiv plan to collaborate in four key areas: Technical integration and on-chain data access:…
As the tariff war between the US and China escalates day by day, Donald Trump announced yesterday that they will impose a 104% tax on Chinese goods as of noon on Tuesday, April 9, 2025. China has launched a counter-offensive, describing the US actions as “unilateralism” and “economic bullying”. At this point, China announced that it will impose 84% tariffs on all imports from the US starting April 10, 2025. The increasing tariff tension between the US and China is negatively affecting Bitcoin and cryptocurrencies, as the mutual moves of Trump and China are causing sudden declines in BTC. With…
Samson Mow, vocal Bitcoin supporter and the chief executive at JAN3 company that helps nation-states with BTC adoption, has taken a jab at the second largest cryptocurrency Ethereum once again. Mow commented on its price as ETH has reached the lows that were last seen in October 2023. Samson Mow’s anti-Ethereum statement Samson Mow revisited a tweet he published back on August 23, 2022, when Ethereum traded roughly at the same price as it is now – $1,600 per coin. Bitcoin on that day traded at $21,600. Currently, Ethereum is changing hands at $1,589 after plunging by 5.24% over the…
The venture capital firm based in Austin, Texas, was founded in 2016 and specializes in early-stage Bitcoin startup investing. TVP Reveals 767% Explosion in Early-Stage Bitcoin Startup Funding On Thursday, Austin’s Trammell Venture Partners (TVP), an early-stage Bitcoin venture capital firm, published its third annual report on the cryptocurrency’s emerging venture capital landscape, revealing a 767% jump in “Bitcoin-native” pre-seed transactions. (TVP says its proprietary data shows that Bitcoin-native pre-seed transactions have surged by 767% since 2021 / TVP) The firm defines “Bitcoin-native” as a startup “founded with the first principle that bitcoin is the global monetary asset of the…