Author: NBTC

Paul Atkins has officially been confirmed as the new chair of the U.S. Securities and Exchange Commission (SEC) following a 52-44 vote in the Senate on Wednesday. The confirmation marks the end of a contentious nomination process, which saw deep partisan divides and highlighted the SEC’s evolving stance on regulatory matters, especially in relation to digital assets. A Partisan Vote to Confirm Atkins According to a report by Roll Call, the Senate vote to confirm Atkins was far from unanimous. Despite receiving broad support from Republicans, the confirmation faced strong opposition from Senate Democrats. The 52-44 outcome reflected this partisan…

Arizona is moving swiftly to secure legal protections for Bitcoin miners and blockchain node operators. The Arizona State Senate approved House Bill (HB) 2342 on Thursday, advancing it to Governor Katie Hobbs for final review. According to a post on X by Bitcoin Laws, HB 2342 passed the Senate narrowly, with 17 votes in favor and 12 opposed, reflecting strong debate among legislators. https://x.com/Bitcoin_Laws/status/1910471330878939454 If Governor Hobbs signs it into law, the legislation will substantially protect home-based blockchain and artificial intelligence computing from local government restrictions. Protections Under HB 2342 Introduced by Representative Teresa Martinez (R) in January 2025, HB…

Sui has announced that it integrates Babylon’s Bitcoin staking protocol and begins operating as a Bitcoin Secured Network (BSN). The integration is part of Phase 3 of Babylon’s expansion plan, scheduled to launch before the end of the year. The move marks a significant shift in how Proof-of-Stake networks can benefit from Bitcoin’s security and liquidity without compromising the custody of funds. The Babylon protocol allows users to participate in Bitcoin staking without handing over control to a third party or using bridges or wrapped assets. With this structure, Bitcoin users can directly contribute to the security of the Sui…

On February 27, Michael Saylor encouraged his devotees, “Sell your kidney if you must, but keep the bitcoin.” As of that tweet, bitcoin (BTC) was trading at $79,900, but yesterday, it crashed below $74,500. Nevertheless, Saylor took the opportunity to remind his followers that BTC’s USD price shouldn’t matter anyway. True believers should remember, he posted memetically, that the price of BTC has a constant denomination in Saylor’s preferred currency: BTC. People knew Saylor’s kidney advice was hyperbole and that voluntary organ sales are generally illegal, but even major influencers called the tweet irresponsible. Mortgages, kidneys, yet bitcoin still crashes…

Shiba Inu (SHIB) has been experiencing price fluctuations and has found it difficult to sustain major support amid a market rout in Q1. Despite the volatility, 31.83 trillion SHIB are “in the money.” According to data from IntoTheBlock, this represents 42.83% of the total tokens in circulation. Shiba Inu and long road to full recovery The surge in the number of addresses in profit spells many good omens for the protocol. It hints that the ecosystem has continued to thrive despite the ongoing volatility with the dog-themed meme coin. As of this writing, SHIB was changing hands at $0.00001233, a…

In a significant development for the long-running legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the U.S. Court of Appeals for the Second Circuit has granted a joint motion Wednesday to pause the appeal in their case. This decision allows both parties to focus on finalizing a settlement agreement that could bring an end to their multi-year dispute. As part of the court order, the SEC must submit a status report within 60 days, by June 9, to update the court on the progress of the settlement talks. #XRPCommunity #SECGov v. #Ripple #XRP The parties’…

The performance of bitcoin (BTC) mining stocks was mixed in the first two weeks of April, with pure play operators outperforming those with exposure to high-performance computing (HPC), JPMorgan (JPM) said in a research report Wednesday. Only MARA Holdings (MARA) and CleanSpark (CLSK) outperformed the largest cryptocurrency during the period, while miners with exposure to HPC, which is used in applications including AI, such as Bitdeer (BTDR), TeraWulf (WULF), IREN (IREN) and Riot Platforms (RIOT) underperformed. The bank noted that March was a good month for the U.S.-listed miners. They added 15 exahashes per second of capacity, and mined more…

Cardano’s collaboration will leverage PUC-Rio’s Ledger Labs to explore decentralized finance, tokenized assets, and DAO governance structures. This partnership is part of Cardano’s broader efforts in Latin America, following a similar collaboration with SERPRO in 2025, and aligns with ongoing initiatives in Argentina and the Middle East. The Cardano Foundation is formalizing a research-based alliance with the Pontifical Catholic University of Rio de Janeiro (PUC-Rio), one of the main academic institutions in Latin America. It’s focused on promoting innovation in blockchain technologies, particularly in the energy sector. A Look At Cardano Foundation’s Latest Partnership In the last decade, both partners…

Michael Saylor has many times stated in his public appearances on CNBC and other TV channels that Strategy and he intend to “hold Bitcoin forever” and he will also will his BTC to an organization supporting Bitcoin when he passes away. However, now it seems that Strategy might be forced to sell some or all of its Bitcoin, at least temporarily, should there be a regulatory requirement to do so, according to Strategy’s recent filing with the SEC. Strategy might have to sell some/all of its Bitcoin The filing states: “A significant decrease in the market value of our bitcoin…

Crypto US stocks are showing mixed performance today, with Core Scientific (CORZ), MicroStrategy (MSTR), and Coinbase (COIN) in focus. CORZ is down -0.84% in the pre-market and remains one of the worst performers in the sector this year. Meanwhile, MSTR is gaining momentum after a fresh $285 million Bitcoin purchase, pushing its 5-day gains to 16%. COIN is up +0.88% pre-market as it heads into its Q1 2025 earnings report on May 8, trying to recover from a steep YTD decline. Core Scientific (CORZ) Core Scientific (CORZ) is down -0.84% in pre-market trading, continuing its recent underperformance. Despite broader strength…