Texas Senator Charles Schwertner has announced the submission of Bill SB 778, proposing the establishment of the first state-level Bitcoin strategic reserve in the United States. If passed, this legislation could position Texas at the forefront of the digital economy, fostering economic growth and enhancing financial freedom. The bill likely
January 16, 2025 2 mins read
The crypto market exhibits a mild recovery as some assets break free from the bear trap. Solana experiences a price uptick but still struggles to escape the red zone. Analysts speculate that SOL could target $200 and above as interest builds. The uptick reflects the price’s resilience amid a slightly
January 15, 2025 2 mins read
Sony Blockchain Solutions Labs (SBSL) has officially launched the mainnet for its layer-2 blockchain, Soneium. This bridges the gap between Web2 and Web3 technologies by focusing on intuitive designs, scalable solutions, and seamless blockchain interactions. Built on the Optimism Foundation’s OP Stack and Superchain, Soneium promises to advance global blockchain
January 14, 2025 2 mins read
Crypto prices started the day on a recovery note, with the global market cap climbing to $3.3 trillion and Bitcoin approaching $95.8K. Leading assets mirrored the upward momentum, while Fartcoin led the gains with a notable 65.36% surge. In the early hours, it traded at a low of $0.6795, and
January 14, 2025 2 mins read
Intesa Sanpaolo, the largest banking group in Italy, has taken a step toward investing in cryptocurrency. The bank’s proprietary trading division has acquired 11 Bitcoins. It marked the first instance of a credit institution in Italy purchasing and trading cryptocurrencies. The digital assets trading and investment team of Intesa Sanpaolo
January 14, 2025 2 mins read
Indian Railways is offering NFT-based train tickets to the visitors of MahaKumbh Mela 2025 in association with Chaincode Consulting. Minted on the Polygon blockchain, these tickets bring the travel experience to life for millions who attend the most important Hindu pilgrimages. The MahaKumbh Mela, which takes place every 144 years
January 13, 2025 2 mins read
HashKey Group, one of the biggest digital asset financial services providers, has received an In-Principle Approval (IPA) for the Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This approval came after registration approval from the VASP, the Central Bank of Ireland, only a week
January 13, 2025 1 min read
As the broader crypto market remains under the grip of the bears, Ethereum (ETH), the largest altcoin, is facing a tough period and finds itself at a critical juncture. Surpassing the $3.5K mark for ETH is proving to be a weighty hurdle. Ethereum has encountered consistent declines following its rejection
January 13, 2025 3 mins read
The bear trap holds strong while the Bitcoin market continues to slide. The price chart illustrates an intense downtrend after a sharp retreat from a high of $102K to consolidate around the $94K mark. Over the past few days, BTC prices have undergone heavy fluctuations. The crucial resistance levels of
January 11, 2025 2 mins read
While the crypto market struggles with bearish momentum, Bitcoin and Ethereum have retreated to their former lows over the past 24 hours. Meanwhile, the altcoin Bitcoin SV (BSV) leads the gainers, posting a solid gain of over 14.55%. BSV’s crucial resistance levels of $54.63 and $58.66 are likely tested and
January 11, 2025 2 mins read