Author: NBTC

The Arizona State Senate is considering a proposal to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the inclusion of Bitcoin ETFs in their investment portfolios. JUST IN: 🇺🇸 Arizona State Senate is considering adding #Bitcoin ETFs to its state retirement portfolios. pic.twitter.com/5t6v3Z5UuU — Bitcoin Magazine (@BitcoinMagazine) March 6, 2024 On February 22, the bill passed the Senate’s Third Reading in a 16-13 vote, and is now being reviewed by the House for the second time. The proposal emphasizes the importance of monitoring developments in Bitcoin ETFs, while also urging ASRS…

The Tensor Foundation has announced plans to issue a governance token under the ticker symbol TNSR. Owners of the crypto asset will have the right to determine the further development of the Tensor NFT marketplace, its representatives said. In a post on X (formerly Twitter), the Tensor Foundation said more details about the token issue would be coming “soon.” It is not specified whether there will be an airdrop. The marketplace is built on the Solana blockchain, and its main competitor is the Magic Eden platform. The Tensor team claims to have sold $2 billion worth of non-fungible tokens through…

Ethereum’s Dencun upgrade introduces protodanksharding, reducing gas fees on layer two networks. Polygon, Arbitrum, and Optimism stand to benefit directly from the upgrade. Analysts anticipate Ethereum’s outperformance relative to Bitcoin in 2024, driven by the Dencun upgrade. Ethereum’s imminent Dencun upgrade has ignited excitement within the cryptocurrency community, heralded as a pivotal moment akin to the Merge. Unlike previous updates, Dencun is poised to reshape Ethereum’s landscape significantly. Central to the upgrade is the introduction of EIP 4844, dubbed protodanksharding, promising reduced gas fees on Ethereum’s layer two networks. This innovation facilitates transactions through “blobs,” optimizing data storage efficiency and…

In what comes as a noteworthy setback for AMD rival NVIDIA, an AI chip manufacturing firm, the organization appears to be facing legal heat orbiting copyright infringement issues concerning its AI NeMo development. As per reports surfacing across the global AI industry landscape, three authors recently took to a San Francisco federal court NVIDIA’s illegal use of these authors’ books, among many others’ books used to develop the generative AI model NeMo. Amid the proposed class action filed, as mentioned above, NVIDIA’s share saw a notable dip following the news’ surfacing across the industry. Meanwhile, as NVIDIA emerged as a…

The ongoing bull rally in the crypto ecosystem has pushed the price of Optimism (OP) to an All-Time High (ATH) of $4.53 with 100% of holders now in profit. While memecoins have become the biggest beneficiaries of the price rally fueled by Bitcoin (BTC), Ethereum L2s are also not left behind. Of these, Optimism’s impressive rally has helped push the token from a low of $1.06 in the past year to a new $4.53 ATH. With OP breaching the ATH, it is now in the price discovery region with the cliff hard to predict. OP Joins the 100% Profitability Club…

Germany’s leading stock exchange operator, Deutsche Börse, has successfully launched its regulated crypto spot trading platform, DBDX. This marks a significant milestone in the growing institutional adoption of digital assets. The platform has already facilitated its first transactions, with ICF Bank and Bankhaus Metzler trading and settling the cryptocurrency Ethereum against euros. Initially, DBDX will offer trading in Bitcoin and Ethereum on a request-for-quote (RFQ) basis, with multilateral trading to follow. “We have processed the first cryptocurrency trades on the T7 trading architecture of Deutsche Börse Digital Exchange DBDX and custody infrastructure of Crypto Finance,” said Dr. Carsten Rössner, Chief…

U.S. District Judge Edgardo Ramos denied requests by cryptocurrency exchange Gemini and crypto lender Genesis to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The case was about the Gemini Earn program. The decision was handed down in the U.S. District Court for the Southern District of New York. Judge Ramos noted that the SEC “plausibly alleges” that both Genesis and Gemini offered and sold unregistered securities. The judge’s decision is based on the Howey Test and the Reves Test, which are multi-factor tests used to determine whether an asset falls within the scope of securities…

Bling Financial develops and publishes iOS and Android games that riff on familiar and well-trodden genres and formulas, ranging from the solitaire card game to bubble-popping puzzle games. But there’s a compelling twist in the mix: You can earn small amounts of Bitcoin or Ethereum by playing. This feature is not enabled by default when you start playing Bling games like Sweet Bitcoin, Ethereum Blast, or Bitcoin Pop. Luckily, it’s easy to start earning Bling Points while you play levels and watch ads, and then those Points can be converted into BTC or ETH and then deposited into a Coinbase…

The price of Bitcoin witnessed a pullback on Tuesday amid a general bearish sentiment around the crypto market, after the digital asset reached the $69,000 threshold. Bitcoin Might Undergo Further Correction Following the correction, several predictions of a further decline in the price of Bitcoin from top crypto analysts have surfassed. Cryptocurrency analyst and trader Ali Martinez has highlighted a few indicators that suggest a continuous retracement in price. Related Reading: Bitcoin Extreme Greed At Levels Higher Than Nov. 2021 Peak, Top Signal? Martinez took to the social media platform X (formerly Twitter) to share his projections with the crypto…

The value of the price floor for several leading Ethereum NFT collections has seen a significant drop over the last week, while Bitcoin Ordinals have increased. According to CoinGecko and Magic Eden, collections reported declines in the price floors of Bored Ape Yacht Club by 37%, Mutant Ape Yacht Club by 42%, and Pudgy Penguins by 38%. Conversely, the NodeMonkes Ordinals collection on the Bitcoin (BTC) blockchain has witnessed a 65% increase in value during the same timeframe. The price floor refers to the minimum price at which an NFT from a collection is available for sale. The fluctuation in…