[ad_1] The world’s largest cryptocurrency, Bitcoin, has been making a recovery move in recent hours. The price recovery is thought to have come after Donald Trump’s meeting with Russian President Vladimir Putin and rumors that the war between Russia and Ukraine could end. The BTC price made a recovery move after it was announced that the talks between the two leaders were positive. Chart showing the recovery from the bottom in BTC price. Due to today’s inflation data coming in more negatively than expected, many risk assets, including Bitcoin, recorded sudden declines. So how do analysts evaluate this recent rise…
Author: NBTC
[ad_1] A recent survey by Data for Progress found that only about 10% of US voters want the Trump administration to increase federal funding for cryptocurrency and blockchain development. However, a White House fact sheet clarifies that the strategic reserve will be funded exclusively with bitcoin seized through criminal or civil asset forfeiture, requiring no taxpayer contributions. U.S. Bitcoin Strategic Reserve Funding Controversy According to Data for Progress, a left-of-center public opinion research group, few U.S. voters—about 10% of survey respondents—want the Trump administration to increase federal funding for cryptocurrency and blockchain development. Instead, many prefer the U.S. government to…
[ad_1] B3, an ecosystem token for the Ethereum layer-3 gaming network of the same name, climbed to a new all-time high on Tuesday after it was launched and airdropped to early users the day prior. The token, which now trades at a price above $0.016, is claimable until February 24 for users and builders from “Season 1” who earned XP or BP points in the B3 ecosystem. The B3 network is built atop Coinbase’s Ethereum layer-2 network, Base. The airdrop claim opened on Monday with the B3 token trading in a range from $0.004-$0.005 for most of the day, moving…
[ad_1] Xandeum, a blockchain-focused software development company, has unveiled incentivized Provider Nodes (pNodes), a new storage scaling solution on Solana (SOL), as per the reports shared with Finbold on Thursday, March 20. Designed to address some critical bottleneck issues on Solana, pNodes offer scalable, efficient storage for smart contracts on the network. Xandeum pNodes pNodes integrate directly with the programs on Solana to create a decentralized storage layer for>Web3 applications. As such, pNodes address Solana’s lack of a native, scalable storage mechanism by allowing smart contracts to access a distributed storage network. This unlocks new possibilities for blockchain developers, crypto…
[ad_1] The first inflation report of 2025 came in hotter than expected, showing a 3% increase in the CPI for January compared to the previous year. It showed an uptick from December, but more importantly, a number that outpaced analyst projections. Markets took the hint right away. Stock futures for the S&P 500, Nasdaq-100 and Dow slipped more than 1%. Bitcoin (BTC) did not escape either, falling 2.4% within 15 minutes. The cryptocurrency market as a whole lost $83 billion in capitalization just like that — roughly the size of BNB’s total market cap erased in moments. So what now?…
[ad_1] The Central Bank of Russia has piloted a testing program in the Tatarstan region to test smart contracts for the digital ruble. The Central Bank of Russia has approached the Tatarstan region with a proposal to help pilot the digital ruble, with a specific focus on testing smart contracts, as originally reported by Business Gazeta. Specifically, the goal is to experiment with the conditional spending of funds earmarked for specific purposes, which will be done through the bank’s testing platform. The Ministry of Finance of Tatarstan has agreed to the CBR’s proposal and has already established a working group…
[ad_1] Coinbase, the third-largest centralized exchange by trading volume, has announced the listing of Popcat (SOL) (POPCAT) and Pudgy Penguins (PENGU) on the Solana (SOL) network. This development has fueled a sharp price rally for both meme coins, with gains exceeding double digits. Coinbase Lists POPCAT and PENGU According to Coinbase’s announcement, trading for POPCAT and PENGU will commence on or after 9 AM PT on February 13. The exchange will roll out spot trading in phases for the POPCAT-USD and PENGU-USD pairs. Before spot trading goes live, perpetual futures trading for these tokens will be available on Coinbase International…
[ad_1] As India signals a recalibration of its crypto policies, crypto service providers are targeting the Indian market. As national jurisdictions are changing their stance on crypto, led by Donald Trump’s pro-crypto agenda, India is starting to recalibrate as well. Although India had initially planned to release a consultation paper on crypto regulation after its G20 presidency in 2023, the government has yet to follow through. In a recent roundtable discussion, Ajay Seth, Secretary of India’s Department of Economic Affairs, stated, “We were ready with a discussion paper, but we now need to recalibrate it due to these changes.” The…
[ad_1] BNB Chain introduced the Pascal Hardfork on March 20, an upgrade designed to boost transaction efficiency and improve its compatibility with the Ethereum Virtual Machine (EVM). This update integrates Ethereum Improvement Proposal (EIP) 7702, enabling advanced functionalities such as gas abstraction, smart contract wallets, and batch transactions. Pascal Hardfork The Pascal Hardfork marks a major step in the network’s development, positioning it as an early adopter of this critical EVM enhancement. A key feature of EIP-7702 is the introduction of smart contract wallets, which temporarily function as smart contracts. This allows for gasless transactions, batch approvals, and smoother asset…
[ad_1] Mike McGlone, Bloomberg’s chief commodity strategist, believes that Bitcoin might further decline against gold in the near future. On Dec. 18, the leading cryptocurrency reached a new record high of 41 ounces against gold. However, the flagship cryptocurrency ended up losing steam, plunging by more than 20% in less than two months. McGlone believes that there might be more room for “mean reversion.” As reported by U.Today, prominent commodity trader Peter Brandt recently opined that the fact that Bitcoin was struggling to outperform gold was “very surprising” considering that Bitcoin made significant strides in terms of institutional adoption last…