Author: NBTC
Legislators in Chile are preparing to support the creation of a bitcoin bench in Congress to lead the regulatory charge in the Latin American nation. The goal is to introduce a strategic bitcoin reserve proposal later this year. Chile to Consider Strategic Bitcoin Reserve Proposal This Year Chile, a country not particularly known for its cryptocurrency adoption, is preparing to become more bitcoin-friendly in 2025. Gael Yeomans, a Chilean deputy, has proposed creating a bitcoin bench in the Chilean Congress, a group focused on promoting bitcoin research and introducing bitcoin and crypto regulations. Over 20 lawmakers have also participated in…
A DefiLlama developer, @0xngmi accused Artemis of using DefiLlama’s proprietary data without proper attribution. The controversy that broke out on X has sparked a debate about data ownership and ethics within the Web3 and decentralized finance (DeFi) space. DefiLlama is the largest DeFi data analytics platform, providing real-time data across various DeFi protocols. It has proven to be an essential tool for investors and researchers who need reliable metrics in DeFi. Artemis used DeFiLlama’s data without attribution In a tweet that went viral on crypto twitter, @0xngmi said, “i found out that one of our competitors, a vc-backed data site,…
Aptos Foundation announced that Aptos was leveraging Chainlink’s Price Feeds. The integration will see Aptos developers tap into real-time price data. Aptos has integrated Chainlink Data Feeds as it looks to bring real-time, tamper-proof data to network developers. In an announcement on Jan. 9, the Aptos Foundation said integrating with Chainlink will see Aptos developers leverage off-chain data in real time. This will happen via Chainlink Price Feeds, a critical solution in the decentralized finance ecosystem “We are excited that Aptos has adopted the Chainlink standard. Chainlink Data Feeds will greatly enhance the reliability of applications built on the network,…
Attorney Jeremy Hogan speculates that a settlement in the SEC v. Ripple lawsuit is more likely to happen before XRP ETFs are approved. The prominent legal expert made this known yesterday in response to an inquiry from an XRP community member. In an X post, the user asked Attorney Hogan whether the SEC would approve at least one of the multiple XRP ETF filings before settling or dismissing its lawsuit against Ripple. Attorney Hogan Responds Responding, the lawyer clarified that the SEC would likely settle or dismiss the Ripple case before approving any XRP ETFs. This is because XRP is…
Bitcoin has continued to receive substantial support around the $90K level, sparking a slight recovery. However, the prevailing bullish momentum appears insufficient to trigger a fresh rally toward a new all-time high, suggesting the likelihood of consolidation within this area in the short term. Technical Analysis By Shayan The Daily Chart After a period of decline, Bitcoin has found strong support at the critical $90K region, highlighting the presence of buyers at this level. This support aligns with the middle threshold of its multi-year ascending channel, reinforcing its significance. Despite a slight increase in buying pressure resulting in a minor…
The Binance Coin (BNB) ecosystem gains momentum, spurring surging activities on the leading decentralized exchange PancakeSwap. After a long time of suppression—according to former Binance CEO Changpeng Zhao—the BNB Chain is back. Bullish macroeconomic boosts and recent chain upgrades have renewed the ecosystem’s earlier dwindling traction. Notably, PancakeSwap, the most prominent decentralized exchange in the BNB Chain ecosystem, has been at the forefront of this revitalization. The platform recently recorded the largest trading volume among other DEXs in both the daily and weekly timeframes. The PancakeSwap Reincarnation DeBridge, a cross-chain interoperability and bridging protocol, earlier highlighted a growing asset transfer…
As noted by analyst Conor Grogan, just one Robinhood wallet owns $9.3 billion worth of Dogecoin (DOGE). Robinhood has a single wallet with almost $10B of dogecoin in it pic.twitter.com/GpzLKL9zCW — Conor (@jconorgrogan) January 9, 2025 The original meme cryptocurrency, which currently has a market cap of $46 billion, has long been the darling of Robinhood users. Back in 2021, Dogecoin emerged as the platform’s bread and butter, accounting for a significant chunk of its revenue. The meme coin experienced a massive rally due to constant social media attention from billionaire Elon Musk and other prominent personalities. The insane speculative…
FOX reporter Eleanor Terrett recently took to her X account to highlight a shift in the Federal Reserve’s approach to cryptocurrencies. According to Terrett, a pair of speeches delivered on February 7 by Republican Federal Reserve Governors Michelle Bowman and Christopher Waller signaled a more open stance toward digital assets and their role in the financial system. In her speech on Feb. 7, Bowman emphasized the importance of clear and sensible regulation that encourages financial innovation rather than stifling it. She acknowledged that past regulatory approaches, like excessive de-risking, will not be effective for emerging technologies… — Eleanor Terrett (@EleanorTerrett)…
The price of Bitcoin has shown no significant movement in the past day following a price rebound at the start of January 2025. Currently trading near $98,000, speculation is mounting about whether Bitcoin has exited its correction phase, with high expectations of an impending bull market. Strong Bitcoin Support Zone Emerges Between $95,090-$96,531 In an X post on January 4, digital asset analysis platform More Crypto Online shared an insight on the present state of the Bitcoin market. With the application of the Elliott Wave Theory, these analysts deduced that Bitcoin’s price may have developed a potential 5-wave pattern which…
Four Solana trading bots pulled in more revenue over the past 24 hours than Ethereum, with the top three also beating out the altcoin giant over the past 30 days. According to DefiLlama, in the past 24 hours, Ethereum made $528,540 in revenue while bots BullX, Trojan, BONKbot, and Maestro made $1.63 million, $685,315, $547,290 and $530,079 respectively. In the past month, Ethereum has made $81.84 million in revenue (as well as $111.41 million in fees) while BullX, Trojan, and BONKbot have earned $49.66 million, $32.03 million, and $31.39 million respectively. Stablecoin provider Tether, Circle, and memecoin platform Pump Fun,…