[ad_1] Prominent crypto analyst apsk32 asserts that Bitcoin is following its historical trend despite recent market concerns. Towards the end of 2024, the sentiment in the crypto market could be summed up in two words: “up only,” as Bitcoin kicked off a blistering run on President Donald Trump’s election victory that saw it soar past the long-desired $100,000 price point. With the turn of the new year, though, market sentiment has quickly soured. As Bitcoin bounces between the $100,000 and $90,000 price point for weeks, fears that the asset may have already peaked this cycle are taking root. Still, most…
Author: NBTC
[ad_1] Strategy (MSTR) Tuesday morning unveiled its latest twist at raising funds from capital markets to fund additional bitcoin (BTC) purchases, but there are indications the Wall Street spigot is slowing. The company’s Perpetual Strife Preferred Stock (STRF) offers a fixed 10% annual cash dividend, paid quarterly, according to an SEC filing If dividends are unpaid, they compound at an additional 1% per year (quarterly), up to a maximum of 18%. The first dividend payment is scheduled for June 30, 2025. Strategy’s initial preferred series (STRK) initially offered only an 8% interest rate. And Strategy’s series of convertible debt offerings…
[ad_1] Due to a number of planned advancements in the BNB Chain’s 2025 roadmap, BNB has surpassed SOL to become the fifth largest cryptocurrency by market cap. In the past 24 hours, BNB’s market capitalization has risen by 12% to $104 billion, while Solana’s has decreased by 0.1% to $95 billion. Additionally, on-chain metrics have improved. Transaction fees have increased by 115% in the past week due to a rise in user activity on BNB Chain. This stands in stark contrast to other blockchains where fees have declined, such as Solana, Ethereum, and Base. The surge in BNB’s price and…
[ad_1] Recently, Ripple, a San Francisco-based cross-border payments crypto company, declared victory in its legal battle against the U.S. SEC. After nearly four years of legal strife between the regulator and Ripple, the case was closed and the SEC dropped its appeal, with Ripple being fined $125 million and XRP being recognized as a nonsecurity. Ripple’s cross-appeal is still pending, however, and the cryptocurrency market is sure to hear more about this legal battle. But for the most part, it is over. For some advocates of cryptocurrency, and Bitcoin in particular, the legal fact that XRP is not a security…
[ad_1] Orochi Network, the pioneer platform offering verifiable data infrastructure, has announced its ecosystem expansion. As per Orochi Network, it has broadened the decentralized data as well as randomness solutions thereof to 49 blockchains, indicating a remarkable growth plan. This expansion fortifies data accuracy along with trustless randomness within its ecosystem. 🐉 Orochi Network Expands Data and Randomness Solutions Across 49 Blockchains—strengthening data accuracy and trustless randomness throughout the ecosystem. 🔻 Orand – a verifiable randomness beacon for trustless applications.🔻 Orocle – a decentralized oracle ensuring… pic.twitter.com/7F2rhUJd6R — Orochi Network (@OrochiNetwork) March 20, 2025 Orochi Network Drives Ecosystem Growth with…
[ad_1] The State of Wyoming could expand its pro-Bitcoin agenda while local authorities assess stablecoin issuance and reserve laws. The Wyoming Highway Patrol Association has adopted the “Get Off Zero” initiative by Proof of Workforce, a nonprofit entity focused on Bitcoin (BTC) education and adoption for workers, unions, pensions, and municipalities. By onboarding the program, the association could become the first state law enforcement labor union to hold BTC on its balance sheet. You might also like: News Wyoming proposes Bitcoin investments for state funds While it remains unclear how much Bitcoin the Wyoming Highway Patrol Association may accumulate, the…
[ad_1] Ethereum (ETH) rose 9% to reclaim $2,000, hitting an intraday high of $2,032.01. Ethereum spot ETFs saw $52.81 million in net withdrawals, marking a ten-day streak. Ethereum (ETH) surged above $2,000 after eight days, reaching an intraday high of $2,032.01 before settling at $2,013.34. The cryptocurrency gained 6.09% in the past 24 hours, with its market capitalization rising to $242.86 billion, reflecting a 6.11% increase. Trading volume also spiked 46.43% to $14.52 billion, signaling renewed investor interest. The broader cryptocurrency market followed Ethereum’s bullish momentum, pushing the global market capitalization to $2.75 trillion, a 2.23% rise in the last…
[ad_1] Cryptocurrency market maker Keyrock is launching a new entity in the U.S. and opening an office in New York, the company said in a press release on Tuesday. Robert Valdes-Rodriguez, Keyrock’s chief commercial officer, will lead the development of the New York business, the company said. Valdes-Rodriguez has more than 25 years of experience in senior management roles at traditional finance institutions including ABN AMRO, Scotiabank and Credit Agricole. Improving regulatory clarity in the U.S. under President Donald Trump’s new administration is expected to lead to a boom in digital assets. The Securities and Exchange Commission (SEC) has formed…
[ad_1] Avalanche 9000 network completed 20 million transactions during 58 days, which shows how fast it is becoming popular and efficient. The network preserves 355.4K daily operations continuously and achieved its maximum transaction volume at 596.2K during one day. Active blockchain activity remains stable because the lowest recorded count reached 235.8K. During the period analyzed, data revealed about one quarter of days had fewer than 294.9K transactions, but the majority of days exceeded 403.3K transactions. The network experiences regular and steady transaction number activity since the median daily total has stabilized at 332.9K. This trend demonstrates how the network successfully…
[ad_1] Gary Gensler resigned from his position as SEC Chairman the day Donald Trump became President. While Trump’s appointee as SEC chairman, Paul Atkins, awaits Senate confirmation, SEC Member Mark Uyeda is chairing the SEC on an interim basis. The long awaited day has finally arrived, and SEC Chairman nominee Paul Atkins will appear before the Senate Banking Committee for his long-awaited confirmation hearing on March 27th. According to the published schedule, the committee will decide on March 27 whether Atkins is a suitable candidate to replace Gary Gensler, and will also consider other pro-crypto candidacies. Following Atkins’ opening statement,…