Author: NBTC

Rwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently unveiled a draft law regulating virtual assets in the African country. The release of the draft, which identifies the Capital Markets Authority (CMA) as the regulatory authority overseeing the virtual assets industry, is seen as a key step toward Rwanda’s goal of regulating digital asset transactions. According to a local report, Rwandan financial authorities are hopeful the framework will help foster innovation while mitigating associated risks. The report quotes Carine Twiringiyamana, the CMA’s manager of…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2024, we saw a significant surge of on-chain activity, indicating an impressive growth in user interest. However, blockchain technology continues to face challenges like congestion, fragmentation, and the centralization of layer-2 solutions. With the prospect of favorable regulations and increased institutional interest following Donald Trump’s inauguration, it’s imperative to address these challenges to be ready for the upcoming wave of adoption. You might also like: The paradox of progress: Blockchain’s true breakthrough lies in its constraints…

The MACD just had a bearish crossover on the weekly chart, a signal that has historically preceded significant corrections in Bitcoin (BTC) price. Historically, bearish MACD crossovers on the weekly timeframe signaled downturns. Previous corrections of -49.78% (-$28,683.57), -44.21% (-$26,173.18), and -63.93% (-$27,459.95) followed such signals. A similar pattern could emerge. Bitcoin is currently at $97,588.70, recovering from previous downturns. However, if history repeats, a short-term pullback may occur. Bitcoin liquidity index chart | Source: Ali/X A potential drop of 16.95% to 23.46% could be plausible. BTC price could consolidate before resuming upward momentum. The recent rally suggests a bullish…

Crypto analyst Trend Diva has provided an in-depth analysis of the current Ethereum price action. She revealed that ETH is still moving inside an ascending triangle but warned that it could suffer further downside pressure if it fails to stay above a crucial support level. Ethereum Price Still Inside An Ascending Triangle Despite Recent Crash In a TradingView post, Trend Diva revealed that the Ethereum price is moving inside a clear ascending triangle. The upper boundary acts as long-term resistance, and the lower boundary provides dynamic support. This analysis comes amid ETH’s recent decline below $2,000. The analyst noted that…

Asset manager HANetf has introduced leveraged and inverse crypto ETCs, offering traders a new way to bet on Bitcoin and Ethereum price swings. White-label exchange-traded fund provider HANetf is offering traders in Europe new ways to speculate on crypto by launching its first leveraged cryptocurrency exchange-traded commodities and a short Bitcoin (BTC) strategy, allowing them to bet on price movements of BTC and Ethereum (ETH). Available on Nasdaq Sweden with a 2% expense ratio, traders can now access the 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC. In a March12 interview with ETF Stream, HANetf…

The tokenization of real-world assets (RWAs) maintains a bullish narrative, currently worth a massive $58.37 billion with over $2.76 billion traded in the past day. Even Larry Fink, the chief executive of BlackRock, believes that the age of tokenization of stocks and bonds has arrived, adding that his asset management firm is gearing up to facilitate tokenization efforts. Top Five RWA Crypto Projects Meanwhile, Altcoin Buzz, a digital media outlet, discussed the five RWA protocols that investors need to look out for during the current cycle. These blockchain-based projects include Mantra (OM), Clearpool (CPOOL), Ondo Finance (ONDO), Chainlink (LINK), and…

According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.” EU Warns Trump’s Crypto Stance Risks Stability Donald Trump clearly knows how to shake things up, and his administration’s crypto initiative is beginning to unsettle economic ministers from the European Union (EU). EUnews.it reports that this matter is among the subjects slated for discussion at the Eurogroup meeting on March 10. The outlet observes that “well-informed European sources” affirm “the new U.S. administration has…

Speed isn’t just a challenge for blockchain – it’s the deciding factor between adoption and obsolescence. If Web3 can’t match the seamless experience users expect, it won’t matter how decentralized or innovative it is. The current state of development speaks volumes: according to a16z’s Builder Energy Dashboard, which tracks where crypto’s builders are focusing their efforts, infrastructure development accounts for around one-fifth of activity, with Layer 1 and Layer 2 projects making up over a third of that segment. Given that most of these projects are focused on delivering high transaction speeds without corresponding high fees, it’s clear that scalability…

Bitcoin price may be volatile but it didn’t stop giant financial institutions from continuing to invest more. Large institutions such as pensions or hedge funds tripled their holdings of spot bitcoin exchange-traded funds (ETFs) in the fourth quarter of 2024, data from 13F filings with the Securities and Exchange Commission (SEC) showed. Institutional investors bought $38.7 billion worth of the spot bitcoin ETF, according to Bitwise chief investment officer, Matt Hougan. This is more than three times the previous quarter, in which only $12.4 billion worth of holdings were reported. Investors with assets over $100 million are required by the…

Ethereum rebounds from key support, signaling bullish momentum with potential targets of $3,000 and $4,000 this year. A Wyckoff accumulation pattern hints at a breakout, with Ethereum potentially exiting its bearish phase for a strong uptrend. Price action near $2,400–$2,800 remains uncertain, but sustained buying pressure could fuel a rally toward higher resistance. Ethereum’s price action shows strong bullish momentum as it rebounds from key support levels as per analyst IncomeSharks. Analysts project potential targets of $3,000 and $4,000 this year. The market structure indicates resistance ahead, but renewed buying pressure fuels optimism. https://twitter.com/IncomeSharks/status/1898513652568969676 Ethereum Shows Strength With Renewed Momentum…