Louisiana Governor Jeff Landry recently signed a bill, HB 488, that aims to protect the rights of individuals and businesses to engage in crypto transactions. The bill prohibits central bank digital currencies (CBDCs) and ensures that governing authorities cannot accept or require payments in CBDCs. The bill also lays out rules around crypto mining and
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Dalmas Ngetich, a seasoned crypto reporter, brings a unique perspective to the industry. With a background in mechanical engineering and over a decade of experience in journalism, Ngetich has specialized in covering topics such as NFTs, blockchain, DeFi, and blockchain news for NewsBTC. His expertise has allowed him to craft over 10,000 news and feature
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Bitcoin is currently experiencing a notable decline, with its price steadily approaching the crucial $60,000 mark. The market sentiment has turned increasingly bearish, driven by a combination of macroeconomic factors and a recent surge in selling pressure. This shift has seen Bitcoin struggling to maintain higher levels, triggering anxiety among investors and traders. Technical Indicators
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NFTs, or non-fungible tokens, have taken the digital world by storm in recent years. Unlike traditional cryptocurrencies like Bitcoin and Ethereum, NFTs represent ownership of unique digital assets such as art, music, videos, and more. Each NFT has its own distinct value and cannot be exchanged on a 1:1 basis, making them highly sought after
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Stablecoin transfer volumes have seen a remarkable surge in recent months, reaching over $1.68 trillion in April. This marks a significant increase from the $100 billion recorded just a few months prior in October 2020. The 16-fold rise in transfer volumes underscores the growing potential of stablecoins in revolutionizing financial processes and facilitating cross-border transfers.
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