Satlantis Launches Bitcoin Lightning Ticketing Platform

BNB’s $640 barrier under siege: Are bears at risk of a squeeze?

BNB bulls reclaimed the $600 psychological level and the 20-day moving average at $618.75 as support, hinting at short-term bullish momentum. However, the overall trend remains bearish. A potential breakout above the $640 resistance could trigger a short squeeze, targeting $680 and possibly $730, driven by liquidation clusters. This move is viewed more as a liquidation hunt than a true bullish recovery, especially if Bitcoin fails to break above $70k-$73k. Traders are advised to remain cautious.

ambcrypto3 dk önce

Blockchain Association Urges Congress To Keep BRCA Intact In Crypto Market Structure Bill

With a March 1 deadline approaching for the CLARITY Act, the Blockchain Association is intensifying its advocacy efforts on Capitol Hill. The trade group is urging lawmakers to preserve the Blockchain Regulatory Certainty Act (BRCA) within the upcoming crypto market structure bill. Its primary focus is on Title III of the draft legislation, emphasizing the need to protect open-source software developers from being regulated as financial intermediaries. The association argues that developers who write and publish non-custodial code, without controlling user assets, should not be subject to the same rules as financial institutions. This distinction is presented as crucial for fostering American leadership in DeFi innovation. Concurrently, a new bipartisan bill, the Promoting Innovation in Blockchain Development Act of 2026, has been introduced in the House to explicitly protect developers from prosecution under laws targeting unlicensed money transmitters.

bitcoinist3 dk önce

Ethereum Derivatives Flow Signals Potential Market Shift

A shift in Ethereum's market structure is being signaled by derivatives flow data on Binance, even as ETH undergoes a price correction. According to analysis from CryptoQuant's Darkfost, the Taker Buy Sell Ratio—a key indicator of futures market dominance—is no longer showing the same aggressive selling pressure that was present during ETH’s push to all-time highs. The ratio, which falls below 1 when sellers dominate, recently dipped to monthly and weekly averages of 0.95 and 0.92 on Binance, respectively. This suggests sustained selling pressure in derivatives, a significant factor in crypto price formation given the market’s $65 billion daily volume. However, recent data shows a subtle improvement: the weekly ratio has hovered near the neutral 1.0 level over the past two weeks, and daily spikes above 1.12 have occurred, indicating bursts of aggressive buying. This change in flow precedes a clear reversal in spot price action, suggesting underlying momentum may be shifting.

TheNewsCrypto16 dk önce

Chicago Fed President Austan Goolsbee has Forecasted More Rate Cuts

TheNewsCrypto19 dk önce

Minnesota Moves to Ban Crypto Kiosks Over Fraud

Minnesota lawmakers are advancing a bill, House File 3642, to ban all cryptocurrency kiosks in the state. This action follows law enforcement testimony linking these machines to a significant increase in elder fraud cases. Officials cited instances where elderly victims lost substantial savings, with one individual sending half her monthly income to scammers. Despite 2024 regulations that imposed consumer protections like disclosure requirements and a $2,000 daily transaction limit, these measures were deemed insufficient to prevent fraud. The proposed ban targets physical kiosks but would not affect online cryptocurrency transactions. This move aligns with a broader national and international trend of increasing oversight on crypto kiosks due to fraud concerns.

TheNewsCrypto20 dk önce