Author: NBTC

In a significant development, Oklahoma has passed a landmark bill. This bill aims at protecting the rights of Bitcoin users. It marks the state as the 12th in the United States to undertake such a legislative initiative. The move is a considerable victory for the cryptocurrency community. This comes amidst increased scrutiny from federal entities like the Securities and Exchange Commission (SEC). Digital currency freedom expands with Oklahoma bill The Bitcoin rights bill saw overwhelming approval in the Oklahoma State House. It passed with an 81-1 vote. Representative Brian Hill championed the bill. It received backing from the Oklahoma Bitcoin…

Bybit, one of the world’s top three crypto exchanges by trading volume, and Solana, one of the fastest-growing ecosystems in the blockchain sphere, joined forces for a live stream discussion with other dApps. The event showcased the remarkable growth of the Solana ecosystem and unveiled exciting plans for the future, with a focus on delivering value to the blockchain ecosystem. Partnerships with solid projects During the livestream, Ben Zhou, co-founder and CEO of Bybit, emphasized the importance of partnerships with solid projects, resilience, and vision, reflecting Bybit’s strategic approach to collaboration within the cryptocurrency ecosystem. We are drawn to projects…

Share: Bitcoin price is trading within the upper range of the November 2021 supply zone as crypto markets rally. BTC could reclaim its $69,000 peak, a level last seen in November 2021, with the potential for an extension to $70K. The pioneer crypto’s market capitalization has already set a new record, breaching the $1.3020 billion threshold. Bitcoin (BTC) price is steadily edging towards its 2021 peak, just a tad away as markets show optimism. Trading activity remains sky-high with all signs pointing to the pioneering cryptocurrency reclaiming its peak. Bitcoin inches closer to its peak price Bitcoin (BTC) price is…

Ethereum’s price has finally reached a significant obstacle following months of rallying. Yet, there are still reasons to be optimistic that the market can climb higher. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rejected from the $4,000 resistance after rallying consistently since the beginning of February. The price has dropped to the $3,600 support level, which is currently holding. If ETH rebounds from here, the market might be able to rise above $4,000 and make a new all-time high in the coming weeks. On the other hand, a breakdown can lead to…

Shiba Inu (SHIB) recorded a massive 47% uptick in February, an upshoot that stirred a shift in the total number of addresses in profit. Shiba Inu is one of the major beneficiaries of the ongoing bull run, stirred by the jump in the price of Bitcoin (BTC) above the $60,000 resistance zone. SHIB did not just join the rally, it changed the fortune of its holders. Data from the crypto analytics platform IntoTheBlock (ITB) currently pegs the SHIB addresses in profit at 55.47%. SHIB Profitability Spikes Notably, addresses enter profitability when the current price of the token exceeds the price…

EU lawmakers have adopted three key texts in a broad anti-money laundering legislative package that will also apply to crypto. In a joint meeting, the Committee on Civil Liberties, Justice and Home Affairs and the Committee on Economic and Monetary Affairs voted for the texts after a political agreement on the package was reached in January. Two lawmaker committees in the European Parliament on Tuesday adopted three major texts in a broad anti-money laundering legislative package that also applies to crypto. The vote follows a political agreement on the Anti-Money Laundering Regulation (AMLR) in January, which will require crypto service…

Sygnum, a leading global digital asset bank, tokenized USD 50 million of Matter Labs’ treasury reserves onto the zkSync blockchain in a groundbreaking move. This is a major step toward digital asset economy integration in finance. Sygnum’s security tokens are on-chain copies of Fidelity International’s huge USD 6.9 billion Institutional Liquidity Fund (ILF). Sygnum, Matter Labs, and Fidelity’s collaboration shows how blockchain could change finance. Matter Labs Explores zkSync for Ethereum Scaling Known for its software development, engineering, and cryptography skills, Matter Labs is working on scaling Ethereum and improving zk-rollup technology like zkSync. This innovative project is based on…

Bitcoin price is up over 8% and trading above the $67,500 resistance. BTC is eyeing a new all-time high and could even hit the $70,000 level. Bitcoin price is moving higher above the $66,500 support zone. The price is trading above $67,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $66,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher toward the $69,200 resistance or even $70,000. Bitcoin Price Rallies Again Bitcoin price remained well-bid above the $65,000 support zone. A new…

British multinational Standard Chartered isn’t just bullish on Bitcoin—Ethereum is also going to the moon, its analysts say. A Monday report from the bank claimed that the second-biggest digital asset could hit $8,000 by the end of this year, and $14,000 is possible by the time 2025 is up. If, that is, spot Ethereum exchange-traded funds (ETFs) get approved, Geoffrey Kendrick, head of forex and crypto research at the firm, said in the note. The price of Ethereum is currently hovering slightly above $3,500 per coin, CoinGecko data shows. Several high-profile fund managers have filed paperwork with the Securities and…

Cardano founder Charles Hoskinson reacts as a significant portion of ERGO (ERG) tokens moves to the Cardano network. A recent update from Rosen Bridge confirms that the Cardano ecosystem is attracting capital from the Ergo blockchain. Ergo is a Cardano-compatible network that enables smart contract applications. The network utilizes the same transaction model as Cardano, meaning dApps and related protocols, can run on both platforms. While Cardano and Ergo have their respective DeFi ecosystems, the latest update from Rosen shows that investors are moving more from Ergo to tap into the opportunities available on Cardano. Since the launch of the…