Author: NBTC
Consensys CEO Joseph Lubin claims that Ethereum must remain “credibly neutral” and “apolitical.” “One can build biased, political, centralized, and local applications on such a platform, and benefit from connectivity to everything else on the platform,” he said. He has added that Ethereum supporters of the likes of Consensys and Etherealize can do the work to help governments and businesses understand the blockchain’s various use cases. Lubin’s statement comes amid concerns that Ethereum is losing its prominence due to the lack of lobbying efforts. “If Ethereum changes course abruptly, it risks losing its identity. Any newly formed lobbying arms are…
ECB President Christine Lagarde said the European Central Bank (ECB) aims to finalize preparations for a digital euro by October 2025, but its launch remains contingent on legislative approval and stakeholder cooperation. EU Digital Euro Preparation Phase Targets October 2025, Launch Uncertain Amid Legislative Delays The ECB is racing to complete the groundwork for a digital euro by October 2025, though the currency’s rollout faces delays pending legislative greenlights. “The deadline for us is going to be October of 2025, and we are getting ready for that deadline, but we will not be able to move unless the other parties,…
JTO, the native token of Jito, has spiked 30% since Upbit announced it will be listing the Solana-based coin on Feb. 21 at 14:30 KST. According to a recent notice, Upbit will be adding trading support for the Jito native token starting from Feb. 21 at 14:30 KST. The token will be available for trading on the Korean won market. Shortly after Upbit announced its listing the Jito (JTO) native token spiked as high as 28%, reaching a price of $3.49 according to data from crypto.news. At press time, the token is trading hands at $3.17, having gone down by…
A federal judge has denied an attempt to block D.O.G.E, the Department of Government Efficiency, from accessing the U.S. Treasury’s payment system, which handles tax refunds, Social Security payments, Medicare spending, and federal salaries. Judge Colleen Kollar-Kotelly, ruling from Washington, D.C., on Friday, rejected a lawsuit filed by retirees and labor unions who argued that giving D.O.G.E access could expose millions of Americans’ private financial information. In her decision, she acknowledged the concerns but said there was no proof that the Treasury Department’s system had been compromised or that there was an imminent risk of data exposure. “If Plaintiffs could…
Ethereum warns of a potential downfall to $1,897 as sellers are on the verge of breaching the $2,000 bullish support. As Bitcoin dropped to nearly $80,000, Ethereum is back to retest its $2,000 psychological support. With a 24-hour low at $1,988, Ethereum is fluctuating close to the $2,000 mark. Currently, Ethereum trades at a market price of $2,062 with an intraday recovery of 2.12%. Will this short-term intraday recovery help Ethereum overcome the recent 8% crash? Let’s find out. Ethereum Targets $1,897 After 20% Drop Last Week Amid the recent market crash, liquidations in Ethereum long positions have risen to…
lt’s yet another Sunday selloff in crypto, with bitcoin (BTC) looking set to retest its 2025 low of just about $78,000. At just past 7:00 pm ET, bitcoin had slumped to exactly $80,000, down 7% over the past 24 hours. The world’s largest crypto did manage the most modest of bounces from there, trading at $80,700 at press time. Ether (ETH), solana (SOL) and XRP (XRP) were lower by similar amounts, while cardano (ADA) and dogecoin (DOGE) had plunged closer to 12%. “There could be a little disruption,” said U.S. President Donald Trump in a Fox News appearance on Sunday…
Elon Musk, CEO of Tesla and SpaceX, has sparked a dramatic surge in Dogefather-themed tokens with his latest post on X (formerly Twitter). Musk’s posts, particularly those mentioning meme coins or his nicknames, frequently spark considerable attention on social media, owing to his extensive following and strong influence within the crypto community. Musk Triggers Dogefather Price Rally Musk posted an image of himself on X, holding a chainsaw with the text “The Dogefather” prominently displayed in the background. “This is a real picture,” the caption read. The term “Dogefather” is a long-standing nickname for Musk in the cryptocurrency community. It…
Custodia Bank founder Caitlin Long hopes a new lawsuit would unearth more details on debanking under former President Joe Biden’s regime. The Trump Organization has sued Capital One Bank for allegedly closing over 300 bank accounts in 2021 “without cause” as tech bigwigs and crypto leaders lamented the debanking crisis during previous administrations. Today, the Trump Organization filed a lawsuit in Miami-Dade County against @CapitalOne to hold the bank accountable for their egregious conduct in unjustifiably terminating over 300 of the company’s bank accounts without cause, in 2021. The decision by Capital One to “debank”… — Eric Trump (@EricTrump) March…
Bitcoin ($BTC) is experiencing a significant decrease in its volatility. As per the data from Glassnode, Bitcoin’s volatility has reached multi-year lows, triggering speculations about a likely major development in the next weeks. The crypto intelligence platform took to its official X account to share the present downturn in Bitcoin volatility. #Bitcoin’s 1-week realized volatility has collapsed to 23.42%, nearing historical lows. In the past four years, it has dipped lower only a few times – e.g., Oct 2024 (22.88%) & Nov 2023 (21.35%). Similar compressions in the past led to major market moves: https://t.co/B67xEqy8Rm pic.twitter.com/XRaGCNXR6d — glassnode (@glassnode) February…
South Korean financial experts and opposition politicians urged the country to integrate Bitcoin into its national reserves and develop a won-backed stablecoin at a forum held last Wednesday. The seminar, hosted at the National Assembly by the main opposition Democratic Party, analyzed potential responses to U.S. moves for a national reserve centered on Bitcoin, according to initial reporting from local media outlet The Korea Herald. The discussions came a day before President Donald Trump signed an executive order to establish a Bitcoin Reserve and crypto stockpile late Thursday. By Friday afternoon, the White House hosted its inaugural crypto summit, discussing…