Crypto

Source: Bitcoinist The race to establish Bitcoin as a state-level strategic reserve asset has taken a decisive step forward in the Beehive State. On February 20, House Bill 230 (HB230), also known as the “Blockchain and Digital Innovation Amendments,” passed the Senate Revenue and Taxation Committee in a 4-2-1 vote. The legislation, which already cleared…

Source: Coin Tegraph The $1.4 billion hack was caused by similar attack vectors as the $230 million WazirX hack and the $58 million Radiant Capital hack, according to Cyvers. Read Full Article

Source: Coin Tegraph Bybit CEO Ben Zhou said that withdrawals have returned to a “normal pace” after the major exploit that drained $1.5 billion from the exchange. Read Full Article

Source: Coin Tegraph Bitcoin may make a run for all-time highs if a key support level holds, new BTC price analysis concludes. Read Full Article

Source: Bitcoinist Dogecoin’s price action with the Bollinger Bands indicator shows it is now at a junction of either a breakout to the upside or another downward move. Technical analysis shows that Dogecoin’s interaction with the Bollinger Bands suggests it could go on a swift upwards move. However, there remains a critical risk factor that…

Source: Coin Tegraph Tether’s USDt remains the top traded cryptocurrency on Kraken as it reportedly explores launching its own stablecoin and has to delist USDt in the European Economic Area. Read Full Article

Source: Bitcoinist The New York Stock Exchange (NYSE) has submitted a proposed rule change aimed at allowing the Grayscale Ethereum Trust (ETHE) and the Grayscale Ethereum Mini Trust (EZET) to stake their ETH holdings.  This proposal is particularly noteworthy because it seeks to enable the trusts to earn rewards on their staked ETH while ensuring…

Source: Coin Tegraph Blockchain interoperability is the key that unlocks institutional adoption and success. Read Full Article

Source: Bitcoinist Since the general crypto market entered a volatile period, Bitcoin has faced persistent heightened selling pressure from investors and traders in the past weeks, causing BTC’s price to drop sharply toward the $93,000 support level. After a period of bearish behaviors, optimism seems to have returned to the market as evidenced by a…

Source: Coin Tegraph BlackRock’s Bitcoin ETF now holds over 50% of the market despite rising outflows, while Bitcoin’s price remains resilient amid industry concerns over price action. Read Full Article