Author: NBTC
What happens when a rural African community generates more electricity than it can use? Could Bitcoin mining turn unused hydropower into a lifeline for local economic revival? Table of Contents Zengamina’s dimming vision finds a spark Gridless rigs offer a plug-and-play fix The fine line between boost and burden Can this model scale? Zengamina’s dimming vision finds a spark In the remote Ikelenge district of northwestern Zambia, a small hydroelectric plant has quietly been producing more electricity than its surrounding villages could ever use. Built in the early 2010s with $3 million in charitable funding, the 1-megawatt Zengamina facility was…
Coinbase has announced its support for Celo’s migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network. The transition is set to begin on March 25 with Coinbase temporarily suspending deposits and withdrawals of Celo’s native token, CGLD, during the upgrade. Celo’s move to Layer-2 aims to leverage Ethereum’s (ETH) robust security and expansive ecosystem while retaining its hallmark features, such as low transaction fees and fast settlement times. This strategic shift is expected to enhance scalability, reduce costs, and improve interoperability with Ethereum-based applications. Celo is transitioning from a Layer 1 blockchain to an Ethereum Layer 2.…
During a recent appearance on CNBC, Anthony Scaramucci of Skybridge Capital predicted that 2025 would be a “very good year” for Bitcoin, the leading cryptocurrency. The damage caused by the SEC delay According to data provided by CoinGecko, Bitcoin is currently trading at $97,252. Scaramucci believes that Bitcoin was supposed to reach that level all the way in 2022. As noted by Scaramucci, a spot Bitcoin ETF was supposed to be approved during the first quarter of that year. “So, all of that delay caused a lot of price damage,” he said. Growing institutional adoption Now, Scaramucci thinks that “a…
Bitcoin is stepping beyond its role as a store of value and into DeFi. BTCFi is bringing lending, staking, and yield opportunities directly to the Bitcoin network without middlemen. This shift not only unlocks new financial use cases for Bitcoin holders but also helps secure the network by keeping miners incentivized. To understand where BTCFi stands today and where it’s headed, BeInCrypto spoke with industry leaders from 1inch, exSat, Babylon and GOAT Network. They shared insights on the current landscape, key challenges, and what’s needed for BTCFi to reach its full potential. Key trends and explosive growth in 2024 The…
Last week as markets wobbled, tariffs seemed to be the consensus culprit. But are tariffs just an easy scapegoat? How Much Do Tariffs Matter? As equity and crypto markets went down this week, the amount of attention and anger directed at Trump’s tariffs increased. Ostensibly this makes sense, since the various Trump tariff announcements have roughly coincided with declines. It’s a safe bet that tariffs have had some effect on markets, but I question whether their effect is as pronounced as the attention and level of ire on Crypto Twitter (CT) would indicate. This week on the always good Bits…
The prominent crypto wallet service provider, Trust Wallet unveiled support for the XRP Ledger network, which will allow users to transact XRP and XRPL tokens through their wallets. In the announcement, the Trust Wallet team writes, “This token support integration is a key milestone in bringing even more exciting features to the Trust Wallet ecosystem. By enabling XRPL token functionality, we’re laying the groundwork for deeper interoperability and expanded use cases within the XRPL network.” Trust Wallet now supports the XRP Ledger network@RippleXDev! You can interact with the chain and store, send, and receive your XRP and XRPL tokens. Full…
The U.S. Securities and Exchange Commission has responded favorably to a proposal from CoinRegTech, a cryptocurrency market regulation service provider, aimed at improving oversight and transparency in the digital asset securities market. The proposal outlines key regulatory measures designed to address investor protection, market structure, and transaction reporting. CoinRegTech’s recommendations focus on three main regulatory changes that aim to strengthen the framework surrounding digital asset securities. First, the proposal emphasizes the need for clearer investor protection measures and urges the SEC to enforce structural requirements for trading platforms that facilitate digital asset securities transactions. This would help ensure that investors…
SoonChain, a crypto project integrating blockchain and AI landscapes, has announced a new collaboration with OracAI, a popular platform combining the AI and SocialFi sectors. The partnership aims to incorporate latest AI and blockchain technologies to improve the Web3 interactions, earning, and gaming opportunities. The platform revealed this mutual endeavor in a recent X post. 💡AI Partnership Announcement💡We’re thrilled to partner with @OracAIOfficial , the SocialFi & AI powerhouse redefining Web3 interactions!What does this mean for SoonChain?🟦 Smarter AI Agents – Enhancing AI-driven gaming & social experiences.🟦 Decentralized Identity –… pic.twitter.com/e3nW9dI603 — SoonChain 🟦 Testnet🔛 (@soonchain_ai) March 25, 2025 SoonChain…
As bitcoin maintains its orbit just north of $97,000 globally, South Korea’s digital currency enthusiasts are navigating a stratospheric valuation of $101,479 per unit—a celestial discrepancy rooted in local dynamics. South Korea’s Crypto Fever Sparks Ongoing Bitcoin Price Premium This persistent premium, documented by cryptoquant.com since mid-January, reflects a dual-engine mechanism unique to the nation. Rigid capital controls and labyrinthine financial rules stifle cross-border arbitrage, cementing a sustained divergence between domestic and international exchange rates. Compounding this phenomenon, South Korea’s feverish appetite for crypto propels demand to heights unseen elsewhere, ensuring local bitcoin valuations perpetually outpace global benchmarks. The economic…
Velar, a Bitcoin DeFi protocol, has partnered with Mezo to integrate mUSD stablecoin functionality with its perpetual decentralized exchange (PerpDex). Through collaboration, Velar users would be able to obtain mUSD with 1:1 backing from Bitcoin ($BTC), which enables stable trading and liquidity provisions on the platform. The planned Q2 2025 launch enables Bitcoin ($BTC) holders to borrow mUSD from their $BTC at low interest rates. The platform allows users to improve capital utilization by maintaining ownership of their $BTC while gaining liquidity options. The introduction of mUSD will allow Velar to improve decentralized trading and provide users with a stable…