Author: NBTC

As it is known, the SEC is trying to qualify the largest altcoin Ethereum as a security. While these steps of the SEC drew the reaction of the entire cryptocurrency market, especially Ethereum, Consensys, a great supporter of Ethereum, filed a lawsuit against the SEC yesterday. In this case, Coinsensys asked the court to determine that ETH is not a security. While the Ethereum case filed by Consensys with the SEC continues to be talked about in the market, former Ethereum advisor Steven Nerayoff claimed that Ethereum is really a security in his post. Arguing that Ethereum has acted as…

General Updates Neo Global Development Head of Ecosystem Growth John Wang joined a panel discussion at the WOW Summit World of Web3 conference in Hong Kong. Neo co-hosted a meetup with Web3 Labs Club in Seoul, South Korea, alongside the eight projects in the Web 3.0 Global Acceleration Program. The meetup was part of the 5-day Seoul Acceleration Tour, aimed at equipping teams with the knowledge and skills necessary for success in the blockchain space. Neo announced plans to make appearances at the Hong Kong Web3.0 Spring Summit and the Web3 Festival Hong Kong in April. The events will highlight…

Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator. The company wants a federal court to declare that ETH (ETH) is not a security, any investigation of ConsenSys based on the idea that ETH is a security “would violate” the company’s fifth amendment rights and the Administrative Procedures Act, that MetaMask is not a broker under federal law, that MetaMask’s staking service does not violate securities law and an injunction against the SEC investigating or bringing an…

Cryptocurrency analyst known as il Capo of Crypto shared his views on the recent inflows into Bitcoin spot ETFs. While many consider BTC inflows into these funds to be bullish, il Capo of Crypto questions the extent of this optimism. These inflows represent capital entering the ETF, he says, but are not an increase in the funds’ reserves. When ETF inflows occur, it means investors are buying more shares of the fund, which can lead the fund manager to buy more of the underlying assets (BTC) to fit the fund’s investment strategy. However, if these assets have already been purchased,…

The price of Ethereum (ETH) is bearish after bouncing off the 21-day SMA or resistance at $3,200. Price aa Long-term analysis of Ethereum price: bearish The largest altcoin was in an upward correction and rallied to the 21-day SMA or resistance at $3,200. The 50-day SMA would have also been the target of the upside momentum if the 21-day SMA barrier was breached. Ether crashed after the rejection at the moving average lines. The altcoin is currently trading at $3,132. On the downside, Ether is expected to fall to the current support of $2,908 or the psychological price of $3,000.…

Santiment Unveils Top Real-World Asset Coins: Chainlink Leads, Followed by Synthetix, Oraichain, Maker and More Santiment, a leading financial market data platform, recently shared its insights on cryptocurrency’s top Real-World Asset (RWA). Using GitHub activity to analyze their performance, Santiment has compiled a list of RWAs that rank as per their growing development and active projects. As per Santiment’s research, the top RWA-related coins, based on development frequency and insights from non-redundant GitHub activity averaged over the past 30 days, are as follows – Chainlink Leads the Pack According to Santiment’s analysis, Chainlink (LINK) is the frontrunner in the RWA…

An Ohio state congressman has introduced legislation that would protect the right to use Bitcoin and other cryptocurrencies as peer-to-peer mediums of exchange. The Ohio Blockchain Basics Act, sponsored by state Rep. Steve Demetriou, “ensures American’s financial freedom” by protecting their right to “buy and sell,” to “mine,” and to “self-custody” their digital assets, as well as to run a personal blockchain node, according to a summary provided by the Satoshi Act Fund. “This legislation that I recently introduced will lay the foundation for Ohio to become a leader in the blockchain and digital assets industries,” Demetriou posted to Twitter…

Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from $80,000 to $100,000, are now in the mix, as speculators exhibit strong optimism. Bitcoin Bull Market Buzz: Optimism Fuels Predictions of Price Peaks Global data from Google Trends in the last three months shows that the search term “bitcoin” reached a peak score of 100 on March 5. This surge in curiosity is coming from diverse nations, with the majority…

Consensys, one of the main supporters of the Ethereum network, claims the U.S. Securities and Exchange Commission (SEC) is attempting a power grab over Ethereum (ETH), the second-largest blockchain by market capitalization. And so, as natural, the Ethereum development company is suing, citing regulatory overreach. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. “The U.S. Securities and Exchange Commission seeks to regulate ETH as a security, even though ETH bears none of the attributes of a security –…

Impierce Tech celebrates the release of IOTA Identity v1.2, marking significant progress in self-sovereign identity solutions. The IOTA Identity framework, highlighted by CEO Jelle Millenaar, not only advances decentralized identity solutions but also emphasizes transparency and community involvement. The IOTA blockchain network continues to make progress with its Identity framework as new upgrades bring advanced versions with self-sovereign identity solutions (SSI). Jelle Millenaar, CEO of Impierce Tech, a company specializing in leveraging the IOTA Identity framework, has revealed substantial advancements in the latest upgrade. In recent news, Millenaar extended appreciation and congratulations to IOTA for the release of IOTA Identity…