Author: NBTC

A New York State Senator just introduced a bill to impose new taxes on Bitcoin mining firms. If passed, it would levy progressive taxes, putting the highest obligations upon the largest businesses. The bill focuses on two issues: broader climate goals and consumer electricity prices. Taxes collected from miners would go to subsidize ordinary citizens’ utility bills. New York’s Bitcoin Mining Bill Although NYC’s crypto enthusiasts are cautiously optimistic about Zohran Mamdani’s approach to the industry, the state legislature is a completely different animal. It has enacted hostile laws before, and may do so again. Today, policy watchdogs discovered a…

A new project wants to give blockchains their own “fast lane” on the internet. The DoubleZero Foundation announced Thursday that its highly anticipated mainnet-beta is live. DoubleZero is a network built to speed up how blockchain validators talk to each other. Instead of relying on the public internet, which can sometimes be slow and unpredictable, Solana validators can now connect through DoubleZero’s fiber routes, which let users transact faster. In simple terms, DoubleZero is like a private highway system for blockchains. While normal internet routes are designed to be cheap and broad, they aren’t built for the split-second coordination thousands…

TL;DR ETH breaks key resistance and retests support, showing a potential continuation of the current uptrend. Exchange reserves hit 16.5M ETH, indicating less selling pressure and growing long-term accumulation. Negative funding and liquidations suggest short squeeze risk as price rebounds from range low. Ethereum Breaks Resistance and Holds Support Ethereum has moved above a key level at $4,100. This price rejected ETH three times earlier this year. Each time, the price failed to continue higher and dropped back. Notably, that level is no longer acting as resistance. The price broke above it in mid-2025. It then came back down to…

US-traded spot Ethereum ETFs reported positive flows for the third consecutive day, recording a total net inflow of $443.9 million on Monday. Ethereum ETFs Outpace Bitcoin: $444 Million Daily Inflows According to SoSoValue data, BlackRock’s ETHA fund saw the highest inflows with $314.9 million, while Fidelity’s FETH fund saw $87.4 million invested. Bitwise, 21Shares, Invesco, and Grayscale’s Mini Ethereum Trust funds also saw positive inflows. Another noteworthy point is that the capital flowing into Ethereum ETFs on the same day was more than double the amount flowing into Bitcoin ETFs. This is considered a strong signal that the capital rotation…

Mantle, a blockchain platform backed by crypto exchange Bybit, is expanding to the fast-growing real-world asset (RWA) sector with a new tokenization service designed to bring traditional finance on blockchain rails The protocol’s Tokenization-as-a-Service platform, unveiled on Thursday at the Token2049 event in Singapore, offers a set of compliance services like licensing, know-your-customer (KYC) tools, legal structuring and smart contract deployment, alongside security monitoring and decentralized finance (DeFi) integrations for price discovery. At the same time, World Liberty Financial, the blockchain protocol with close links to U.S. President Donald Trump’s family, also announced that it would deploy its $2 billion…

San Mateo, California-headquartered FalconX said Thursday it has executed the first forward rate agreements tied to Ethereum staking yields, introducing a new class of rate-based derivatives to the digital asset market. The contracts reference the Treehouse Ethereum Staking Rate, or TESR, a benchmark published daily by infrastructure provider Treehouse. The measure is part of Treehouse’s “Decentralized Offered Rates” framework, intended to create crypto-native equivalents of widely used benchmarks such as Libor or the Secured Overnight Financing Rate. Its launch comes as demand for staking has surged, with Ethereum’s validator entry queue recently hitting its highest level in two years amid…

At the X Layer offline, the CEO of the OKX Star Xu has stated that the strategic priority of the corporation is the establishment of an open blockchain network. He confirmed that the Ethereum Layer 2 rollup, X Layer, will be the basic infrastructure of the OKX Wallet and exchange. Three Phases of X Layer Xu had a three-step roadmap. Phase one will include stablecoins such as Tether (USDT) and USDG. The exchange already partnered with Tether to connect the USDT0 to X Layer, the wallet, and the exchange. Phase two links the large DeFi protocols like Aave, Uniswap, Balancer…

Ethereum price started a fresh decline below $4,120. ETH is now struggling and might decline further if it breaks the $4,050 support zone. Ethereum failed to extend gains and declined below the $4,150 zone. The price is trading below $4,150 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below $4,050 and $4,000. Ethereum Price Dips Again Ethereum price remained in a bearish zone after it settled below $4,450, like Bitcoin.…

Citadel Wallet has unveiled Suiball, the first hardware wallet designed specifically for the Sui blockchain. Summary Suiball uses clear signing to display all transaction details in a human-readable format, reducing the risks of blind signing. The wallet supports native Sui assets such as WAL, DEEP, NS, and NFTs, and integrates with DeFi platforms including Suilend, Bluefin, Cetus, and Ika. Suiball provides native Bitcoin support and will expand in the future to include gaming and payment applications. Citadel Wallet, a leading developer of crypto hardware solutions, has unveiled Suiball, the first hardware wallet built specifically for the Sui (SUI) blockchain. Announced…

The perpetuals race has a new entrant in open beta. Lighter has opened its public mainnet after roughly eight months in private testing, positioning itself as an Ethereum-settled alternative to the current leaders. Under the hood, Lighter is a zk-rollup purpose-built for perps. A centralized sequencer batches orders, but state transitions — price-time-priority matching, liquidations, funding and risk checks — are verified by custom zero-knowledge circuits. Ethereum smart contracts custody user funds, track the canonical state root, and advance state only after a proof verifies on L1. If the sequencer stalls or censors, users can submit priority operations on-chain or…