Author: NBTC

The broader digital currency ecosystem is undergoing an intensive rebound, with Litecoin (LTC) leading the altcoin rebound. At press time, Litecoin’s price changed hands for $135.57, up by 10.56% in the past 24 hours, per data from CoinMarketCap. This uptrend standard is beginning to show up in the community as the combined market cap is up 0.68% to $3.16 trillion. Litecoin takes lead It is quite unusual for Litecoin to lead market rallies, especially after a broad-based route across the board. The key performance metrics for the coin are positive, as it has now advanced to become the 12th largest…

Crypto’s regulatory fears ease, but self-regulation is crucial to prevent scams and ensure real innovation. The industry must shift from hype to real-world impact—projects need transparency, utility, and tangible progress. Avalanche Foundation faces backlash over Delaunch’s opacity, fueling concerns about insider activity and accountability. In Washington, D.C., the crypto business had a momentous occasion that indicated a change in regulatory attitude. According to Avalabs CEO Emin Gün Sirer, cryptocurrency fans were relieved when the regulatory environment changed. No longer fearing government hostility, attendees chanted “USA USA” in celebration. However, Sirer stressed that with fewer regulatory barriers, the industry must adopt…

Sony’s blockchain division is bringing Japanese social media giant LINE into the web3 world, with plans to adapt several popular mini-apps onto Sony’s Soeneium network, the company announced Wednesday. LINE reports approximately 200 million active users across its platform, and the agreement will bring four LINE-based games, or “mini-apps,” to Soneium: Sleepagotchi, Farm Frens, Puffy Match, and Pocket Mob. The integration is meant to facilitate features like in-game rewards and purchases. Soneium is mainly managed by Sony Block Solutions Labs, a joint program between Sony and Singapore-based Startale Labs. SBSL envisions the partnership as a way to “transcend boundaries, allowing…

The news of USDT (Tether) coming to Bitcoin and Lightning via Taproot Assets has been met with various reactions. Some believe it’s good for Bitcoin (most, actually, based on a small survey I conducted on X; yes, I know the sample size isn’t large enough for the results to be significant. I’M SHARING IT ANYWAY), while others aren’t so enthused about it. Tether (USDT) on Bitcoin and Lightning is:(Please share why in the comments and please RT after you vote.) — Frank Corva (@frankcorva) February 13, 2025 “Others” includes me — I’m not so enthused about it. That said, I’ve…

The recent hack of crypto exchange Bybit highlights the value of self-custody wallets, broker Benchmark said in a Wednesday report initiating coverage of Exodus Movement (EXOD). The broker started coverage of the crypto wallet firm with a buy rating and a $38 price target. The shares rose 5.7% to $25.89 in early trading. The Nebraska-based company has the “right product at the right time,” wrote analyst Mark Palmer. The need for self-custody was underscored in recent weeks, when crypto exchange Bybit was the subject of a hack of 400,000 ether (ETH), worth about $1.5 billion. Exodus Movement has lost more…

Prominent blockchain tracker Shibburn has revealed an impressive rise shown by the SHIB burn rate over the last day. A large amount of meme coins were burned to reached it. Meanwhile, the SHIB price has demonstrated a slight increase since last morning, moving in the same direction as the aforementioned metric. SHIB burns jump 588% According to the aforementioned data platform, during the past day, the loyal community of the second largest meme cryptocurrency Shiba Inu has succeeded in driving the SHIB burn rate 588.25% up. An astounding amount of meme coins, namely 15,492,566 SHIB, has been burned in total.…

Rwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently unveiled a draft law regulating virtual assets in the African country. The release of the draft, which identifies the Capital Markets Authority (CMA) as the regulatory authority overseeing the virtual assets industry, is seen as a key step toward Rwanda’s goal of regulating digital asset transactions. According to a local report, Rwandan financial authorities are hopeful the framework will help foster innovation while mitigating associated risks. The report quotes Carine Twiringiyamana, the CMA’s manager of…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2024, we saw a significant surge of on-chain activity, indicating an impressive growth in user interest. However, blockchain technology continues to face challenges like congestion, fragmentation, and the centralization of layer-2 solutions. With the prospect of favorable regulations and increased institutional interest following Donald Trump’s inauguration, it’s imperative to address these challenges to be ready for the upcoming wave of adoption. You might also like: The paradox of progress: Blockchain’s true breakthrough lies in its constraints…

The MACD just had a bearish crossover on the weekly chart, a signal that has historically preceded significant corrections in Bitcoin (BTC) price. Historically, bearish MACD crossovers on the weekly timeframe signaled downturns. Previous corrections of -49.78% (-$28,683.57), -44.21% (-$26,173.18), and -63.93% (-$27,459.95) followed such signals. A similar pattern could emerge. Bitcoin is currently at $97,588.70, recovering from previous downturns. However, if history repeats, a short-term pullback may occur. Bitcoin liquidity index chart | Source: Ali/X A potential drop of 16.95% to 23.46% could be plausible. BTC price could consolidate before resuming upward momentum. The recent rally suggests a bullish…

Crypto analyst Trend Diva has provided an in-depth analysis of the current Ethereum price action. She revealed that ETH is still moving inside an ascending triangle but warned that it could suffer further downside pressure if it fails to stay above a crucial support level. Ethereum Price Still Inside An Ascending Triangle Despite Recent Crash In a TradingView post, Trend Diva revealed that the Ethereum price is moving inside a clear ascending triangle. The upper boundary acts as long-term resistance, and the lower boundary provides dynamic support. This analysis comes amid ETH’s recent decline below $2,000. The analyst noted that…