[ad_1] IOTA Foundation’s Feedback on Kenya’s VASPs Bill TL;DR:The IOTA Foundation provides feedback on Kenya’s Virtual Asset Service Providers Bill, 2024, recommending clearer definitions, stronger consumer protections, and alignment with international standards and best practices. Key proposals include refining token classifications, improving cybersecurity rules, and ensuring fair regulatory processes to foster innovation, security, and trust in Kenya’s digital asset ecosystem. The IOTA Foundation has provided detailed comments on Kenya’s proposed Virtual Asset Service Providers Bill, 2024, recognizing it as a key step toward a clear and forward-thinking regulatory framework for the country’s digital asset ecosystem. By refining definitions and aligning…
Author: NBTC
[ad_1] Coin Bureau’s Guy Turner is turning bearish on Ethereum (ETH) as the second-largest crypto asset hovers around 58% below the all-time high price reached in November of 2021. In a new video, Turner tells 2.66 million subscribers of the Coin Bureau YouTube channel that Ethereum has underperformed Bitcoin (BTC) over the past couple of months, despite expectations that ETH would follow the flagship crypto asset’s lead and rally. “Ethereum’s performance has been so poor that it’s basically become a meme while BTC has rallied to new all-time highs… ETH has yet to reclaim its 2021 high of around $4,900.…
[ad_1] A popular crypto analyst says Bitcoin may experience an aggressive move to the upside once the current consolidation phase ends. In a new video, the analyst pseudonymously known as Credible Crypto tells his 67,500 YouTube subscribers that Bitcoin (BTC) is about to embark on the fifth wave of a bullish trend. According to the analyst who regularly applies the Elliott Wave theory in his technical analysis, BTC could rally by a minimum of 52% from the current level over the coming weeks and months. The Elliott Wave theory states that the main trend of the price of an asset…
[ad_1] The crypto market shifts to tokenized securities during the periods right after a market top. After the bullish rally, investors switch to demand for passive income. Tokenized securities have been growing in the past two months, following Bitcoin (BTC) record prices. Research by Messari shows a shift toward tokenized securities, which grow their supply following a market peak. Tokenized bonds are the most reliable basis for tokenization, while stocks lag due to regulatory doubts and general market fluctuations. Tokenized treasuries serve as risk-off assets, offering low but secure passive income. Messari’s data shows that the crypto market is currently…
[ad_1] The cryptocurrency market witnessed notable price movements today, with 5IRE (5IRE) emerging as the top gainer, surging by 45.6%. This sharp increase has placed the project ahead of other strong performers, including BLOCK (32.0%), BZZ (29.2%), and QI (27.6%). The latest rally highlights increased investor interest in specific digital assets despite broader market volatility. 5IRE’s impressive run has brought its current price to $0.003, with a market cap of $2.3 million, according to Phoenix Group’s latest daily gainers report. The project’s recent momentum aligns with growing traction in blockchain sustainability initiatives, which could be driving renewed investor enthusiasm. DAILY…
[ad_1] U.S. Representative Bryan Steil (R-WI) argues Congress should advance stablecoin regulation and crypto market structure legislation in tandem. Steil contends the two areas are interconnected and progress together benefits both the stablecoin and broader crypto sectors. Senate Momentum, Trump Deadline Fuel Push for Action Steil expressed his opinion during a recent podcast, highlighting the increased energy from the Senate toward the stablecoin bill after President Donald Trump urged the bill to be ready before the August recess. Trump’s request fueled speculation among crypto watchers about imminent bills potentially redefining the U.S. crypto landscape. Steil, who chairs the House Financial…
[ad_1] Ethereum (ETH) is developing momentum after a whale grabbed interest by withdrawing and staking massive amounts of ETH tokens. The activity, identified by Onchain Lens, has aroused positive sentiment among crypto users. A whale withdrew 1,427 $ETH ($2.93M) from #Kraken and staked it with @LidoFinance 7 hours ago after 2 months of dormancy.Over 6.5 months, the whale has withdrawn 5,861 $ETH ($17.23M) and is currently at a $5.34M loss.Address: 0xcb442d53dfcbd6f6166222ce225a334a99acedfdData… pic.twitter.com/bWjgMN8QxN — Onchain Lens (@OnchainLens) March 27, 2025 Whale moves to Ether staking Today, according to data reported by Onchain Lens, the whale withdrew 1,427 ETH tokens (worth $2.93…
[ad_1] Bitcoin (BTC) continues to pause as weak on-chain activity dampens investor sentiment, while gold remains on an upward trajectory ahead of the all-important U.S. nonfarm payrolls report. Gold Rises, Bitcoin Continues to Fall Ahead of Key US Employment Report Despite Bitcoin recovering from the recent drop, it has struggled to maintain momentum above $100,000. Analysts at CryptoQuant estimate BTC’s fair value to be between $48,000 and $95,000, suggesting the asset may be overvalued at its current price level of $97,000. In addition, Bitcoin’s Network Activity Index has fallen by 15% since November, reaching 3,760 points, its lowest level in…
[ad_1] Bpifrance, one of France’s most powerful and influential state-backed institutions, announced Thursday it will invest up to €25 million (approximately $27 million) in digital assets to support the country’s blockchain sector. The bank will not build a strategic Bitcoin reserve, but will focus on supporting crypto businesses with a strong French presence. Its target areas are DeFi, physical networks, tokenization, (re)staking, layer 1, 2, and 3 protocols, AI, and identity certification. Despite the $27 million fund being small compared to the total $2.9 trillion crypto market cap, Bpifrance’s move signals a strategic effort to bolster the French crypto ecosystem.…
[ad_1] Stellar (XLM) has recorded significant investor interest within the last 24 hours, and the asset looks set to take on AVAX. According to CoinMarketCap data, the trading volume of XLM has soared by 24% within the time under consideration. XLM gains momentum amid AVAX struggles This 24% surge has taken XLM’s trading volume to $343.46 million. Analysts say XLM’s trading volume could help trigger a shift in the asset’s price movement. As of this writing, XLM is changing hands at $0.3318, representing a 1.81% decline. However, the increased investor interest could reverse its downward journey and push it to…