Author: NBTC

Santiment announced that Cardano had garnered massive social media interest compared to Ethereum and Dogecoin. The firm also highlighted that Bitcoin led the way in terms of crypto discussions on X, Reddit, Telegram, 4Chan, Bitcointalk, and Farcaster. A study from the University of Georgia found that about half of social media users surveyed have invested in digital currencies. The report also noted that a user was more likely to invest in cryptocurrencies the more active the user was on social media platforms. The researchers also revealed that only 10% of non-social media users had invested in cryptocurrencies. Cardano surpasses Ethereum…

PwC Italy and blockchain consultancy SKChain Advisors are developing a digital identity solution for the European Union using blockchain technology. The product, built on the World Mobile Chain, a Layer 3 network on Coinbase’s Base, aims to provide a secure, self-sovereign identity framework that allows users to control their personal data without relying on centralized authorities. The initiative aligns with the European Digital Identity Wallet introduced under the eIDAS 2.0 regulation, which aims to standardize digital identity across the EU, according to a press release shared with crypto.news. PwC Italy and SKChain Advisors have completed a feasibility study to determine…

Dennis Porter, co-founder of the Satoshi Action Fund, announced on X that the Oklahoma State Commission has passed the HB 1203 “Strategic Bitcoin Reserve” bill. BREAKING: A bill to establish a ‘Strategic Bitcoin Reserve’ has just passed out of committee in Oklahoma. 🇺🇸 — Dennis Porter (@Dennis_Porter_) February 11, 2025 The state’s Strategic Bitcoin Reserve bill passed the committee stage by a vote of 6 to 2 and has advanced to a floor vote. Both Arizona and Oklahoma’s Bitcoin reserve bills are at a similar stage behind Utah. Oklahoma and Arizona’s Bitcoin Reserve bills are now at a similar stage,…

Over the past 60 minutes, bitcoin’s price has oscillated narrowly between $94,853 and $95,202, reflecting subdued trading activity amid a $1.88 trillion market valuation and $31 billion in daily volume. The asset has fluctuated between $94,898 and $98,467 in the last 24 hours, lingering 12.6% beneath its historic peak recorded 22 days prior. Bitcoin The one hour BTC/USD chart reveals erratic trading patterns marked by successive lower peaks and troughs, hinting at a bearish trajectory. Buyers have faltered in sustaining upward momentum, ceding ground to sellers in recent sessions. A breach below $94,500 may invite a descent toward the $92,000…

Her comments come amid increased interest in meme coins. This is fueled in part by the launch of President Donald Trump’s official meme coin, TRUMP. Hester Peirce Clarifies Meme Coin Regulation In an interview with Bloomberg, Peirce addressed concerns about the regulatory framework for meme coins. When asked whether the launch of meme coins by prominent figures, such as the President and the First Lady, complicates the SEC’s role, Peirce emphasized the agency’s existing limitations. She explained that the SEC is evaluating various categories of tokens, highlighting the rapid proliferation of meme coins. “Facts and circumstances matter. We always have…

NFT sales have seen significant movement, with Courtyard on Polygon leading the market, generating $13.7 million. The platform recorded over 121,000 transactions, with a notable increase in buyers and sellers recording 48.78% and 32.96% respectively. DMarket on the Mythos chain followed closely with $11.9 million in sales, showing a 45.57% increase. It also led in transaction volume, surpassing 371,450 trades. Guild of Guardians, built on Immutable-Zk, experienced a substantial rise, with sales reaching $5.86 million, marking a 108.99% increase. The project also showed positive trends in buyer and seller activity gaining 42.88% and 38.25%, reinforcing the growing adoption of the…

Leading Layer 1 projects, Cardano and Aptos, are set to collaborate on U.S. blockchain policy and technology. This is according to statements from founders of the respective blockchains early on Wednesday, February 12. Cardano‘s Charles Hoskinson was the first to issue a statement, revealing that he had a “great call” with Aptos co-founder Avery Ching. In response, Aptos’ Ching stated that he looks forward to working with Hoskinson and Cardano on U.S. blockchain policy and technology. Collaboration is a beautiful thing. Excited to work together with @IOHK_Charles & @Cardano on policy & tech in making America the leader in blockchain.…

FLRMOON’s analysis suggests Ripple could have a major presence in the U.S. financial system via indirect ties to FedNow providers. The research shows that a large portion of the companies supporting FedNow’s infrastructure have ties to Ripple, either directly or through third-party partnerships. If these connections materialize as expected, the XRP Ledger ecosystem could see a substantial influx of liquidity. Ripple’s Presence Within FedNow’s Payment Infrastructure FedNow, launched by the Federal Reserve, looks to modernize instant payments across the United States. The service already has over 1,200 live participants and plans to integrate 10,000 banks and institutions. While Ripple itself…

Coinbase is in advanced negotiations to acquire the crypto derivatives platform Deribit, Bloomberg News reported on March 21, citing people familiar with the matter. The parties have reportedly notified Dubai regulators about the ongoing discussions since Deribit holds a license in the jurisdiction that would transfer to any acquiring entity. Sources told the newswire that the talks are at an advanced stage, but it’s unclear if the discussions will result in a finalized agreement. Coinbase and Deribit declined to comment on the matter. According to Kaiko data, Deribit is currently the world’s largest options exchange for Bitcoin (BTC) and Ethereum…

A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin (BTC). But those expecting bullish fireworks may be disappointed. The Labor Department will publish January’s consumer price index (CPI) report on Wednesday at 13:30 UTC. It’s expected to show that the cost of living increased by 0.3% month-on-month in January, slowing down from December’s 0.4% rise, according to Reuters estimates tracked by FXStreet. The annualized figure is expected to match December’s 2.9% reading. The core inflation, which strips out the volatile food and energy component, is forecast to have risen to 0.3% month-over-month from…