Author: NBTC
Brazil is taking another step toward regulating the rapidly growing cryptocurrency market. The Brazilian Senate has announced plans to hold a public hearing on cryptocurrency regulation, signaling the country’s commitment to updating its laws. The hearing will focus on an important private member’s bill introduced by Senator Soraya Thronicke of the Podemos Party, which aims to regulate virtual assets services providers (VASPs). The bill proposes measures to address the fast-evolving digital economy and ensure greater transparency and protection for Brazilian crypto users. Senators Call for Consultation with Experts and Industry Representatives The public hearing, set to take place soon, will…
Ethereum developers draft EIP-7917 proposal to solve the uncertainty of the existing proposer election. Ethereum’s EIP-7917 Proposal Ethereum developers Lin Oshitani (@linoscope), Justin Drake (@JustinDrake) jointly drafted the EIP-7917 proposal (Deterministic proposer lookahead), which aims to completely solve the uncertainty problem of the existing proposer election. Excited to share EIP-7917 by me & @drakefjustin! It introduces deterministic proposer lookahead to the Beacon chain—a natural simplification that removes proposer unpredictability, which is crucial for preconfirmation protocols. https://t.co/jtLBxNCHDV Details in🧵 — Lin Oshitani (@linoscope) March 26, 2025 Note that in the present Ethereum consensus, the system selects a validator as the block…
Smoke from Nicaraguan cigars choked out the room as a heavy-set Bitcoin miner from the Deep South explained how the industry was expanding at an exponential rate. “You have no idea,” he said at this year’s Mining Disrupt pre-party in Fort Lauderdale, Florida, before following up with the common Bitcoiner maxim—repeated by President Trump on the campaign trail—that you should never sell your stash. Having been involved in the space since the early days, he recalled buying a Ferrari with orange coins years ago, which he said—with a laugh—he now regretted following the asset’s stratospheric rise. Bitcoin hasn’t stopped climbing…
The Decentralized Physical Infrastructure Network (DePIN) landscape has seen a noteworthy expansion throughout the past year. As per the decentralized computing platform Fluence’s co-founder Tom Trowbridge’s report “DePIN Token Economics,” the DePIN sector delves into incentives and structures to redefine DePIN growth. These projects strengthen decentralized substitutes for wireless communication, cloud computing, energy distribution, and other crucial infrastructure sectors. DePINED Report Highlights Endeavors for Continuous DePIN Growth Tom Trowbridge’s report focuses on sustainable tokenomics, a critical challenge faced by the DePIN projects. Several networks struggle to create incentive models that promote long-term engagement and guarantee financial stability and growth. Trowbridge…
Bitcoin (BTC) continues to dawdle, failing to capture trader enthusiasm amid chatter about prices being overvalued, while gold remains strong ahead of the release of the U.S. jobs report, which will influence the Fed’s rate plans. Recent analysis from CryptoQuant indicates that bitcoin’s fair value lies between $48,000 and $95,000, highlighting that it appears overvalued at its current market price, which hovers just above $98,000. The analytics firm’s Bitcoin’s Network Activity Index has plummeted 15% from its peak in November to 3,760 points, the lowest level in over a year. The downturn is driven by a staggering 53% drop in…
CoreWeave is looking to downsize its initial public offering just one day before hitting the market, Semafor reported. The AI infrastructure firm was previously expected to raise $3 billion at a $30 billion valuation, according to the story, but the size has been cut and the valuation lowered to just $23 billion. A separate story from Bloomberg said CoreWeave is now looking to raise only $1.5 billion. CoreWeave is in close partnership with bitcoin miner Core Scientific (CORZ), which was expected to profit from the IPO if the results are positive and sustain strong revenue growth over the next few…
The Near Foundation has unveiled a $20 million fund to accelerate the growth of autonomous AI agents on its blockchain. It marks a significant step in converging artificial intelligence (AI) and decentralized technology. Nevertheless, some remain skeptical about AI agents, with the sector’s market capitalization also revealing a concerning trend. Near Foundation to Advance AI Agents with $20 Million Fund Only weeks after announcing the expansion of the Near Protocol AI agent ecosystem, the foundation committed to deploying a $20 million AI agent fund on-chain over the next few months. It would go toward supporting agent tokens that introduce novel…
On Wednesday, U.S. Senator Elizabeth Warren (D-MA) took aim at a stablecoin-focused bill making its way through Congress, accusing U.S. President Donald Trump of using the legislation to further his own financial interests. The Massachusetts senator shared the critique while linking a post about President Trump’s decentralized finance project, World Liberty Financial, launching its own stablecoin USD1 on Ethereum and Binance’s BNB Chain. Warren voiced her concerns on social media, claiming President Trump is leveraging the project as a “grift” to “enrich” himself. “Congress should step up and fix the current stablecoin bill moving through the Senate that will make…
Ethereum has entered a consolidation phase after a short-term recovery, with the price stalling below key resistance levels. Yet, considering market sentiment, the asset could be on the verge of a deeper decline. Technical Analysis By Edris Derakhshi The Daily Chart ETH’s daily chart shows that the price is still struggling to break above the $2,200 resistance zone. The recovery from the $1,800 low has lost momentum, and ETH continues to trade well below the 200-day moving average, which sits near $2,900. The RSI is also cooling off just under the 50 level, reflecting a lack of strong trend direction.…
Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy volatility and equipment costs. Bitmine Scales Mining Operations 3x via Soluna-Luxor Partnership Soluna Holdings and Luxor Technology Corporation have enabled Bitmine Immersion Technologies to triple its bitcoin ( BTC) mining capacity through a turnkey model combining renewable energy infrastructure, financial hedging, and operational optimization, according to a case study released this week. Bitmine, which specializes in immersion-cooled bitcoin mining rigs, sought to scale its hashrate while avoiding pitfalls like energy price spikes, equipment…