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Bitcoin at a crossroads after breaking $90K support Bitcoin $BTC has fallen below the critical $90,000 support level, driven by internal factors like the Ethereum $ETH hacking incident and external pressures such as U.S. tariff policies and rising inflation, according to CryptoQuant contributor MAC_D. This decline places Bitcoin at a crucial turning point. A potential rebound could be fueled by two factors: the massive liquidation of long positions, with $245 million liquidated—the highest since November—leading to thinner order books that may trigger a price bounce, and the psychological support at $89,600, the average entry price of whales holding Bitcoin for less than six months. However, the broader market outlook remains uncertain. If selling pressure persists and Bitcoin fails to hold support, further declines could follow.

A bill prohibiting extra taxes on crypto payments and safeguarding digital asset rights has been introduced in the Ohio House of Representatives. Dubbed the Ohio Blockchain Basics Act , the bill outlines protections for activities like self-custody, mining, and staking while also exempting certain crypto transactions from money transmission licensing requirements. It was introduced on Feb. 24 by Representative Steve Demetriou and co-sponsored by fellow lawmakers Tex Fischer, Brian Lorenz, Ty D. Mathews, Riordan McClain, and Josh Williams. One of the key aspects of the bill is that it prevents state and local governments from imposing additional taxes, fees, or charges on digital assets used as a method of payment, essentially treating them the same as traditional fiat transactions. However, crypto transactions would still be subject to standard taxes, such as state and sales taxes, just like any other payment made with traditional fiat currency. Regarding digital asset rights, the bill mandates that individuals have the freedom to self-custody their digital assets using hardware or self-hosted wallets. It also protects the right to participate in crypto staking and mining activities without the need for a money transmission license, as long as local zoning regulations are followed. Further, it ensures that no state agency or political subdivision may prohibit individuals from accepting digital assets as payment for goods and services. Additionally, the bill allows residential crypto mining in compliance with local ordinances and ensures that zoning changes cannot unfairly target mining businesses operating in industrial zones. The legislation also calls for Ohio’s state retirement funds to assess the potential risks and benefits of investing in crypto exchange-traded funds. The findings from this evaluation must be reported to the General Assembly within a year, highlighting the state’s growing interest in exploring digital asset investments for institutional portfolios. Lawmakers in Ohio have constantly pushed for crypto-related bills over the past months, including two bills related to cryptocurrency reserves. The first was introduced by Representative Derek Merrin, aiming to establish a strategic Bitcoin reserve for the state. Shortly after, Representative Steve Demetriou, who also spearheaded the Ohio Blockchain Basics Act, proposed a second bill that would allow Ohio to allocate up to 10% of its state-controlled funds toward building a Bitcoin stockpile.

Global developers solve contemporary computing problems through decentralized networks including Bittensor, NEAR Protocol, AIOZ Network and Render Network. The platforms leverage blockchain technology to provide next-generation instruments for machine learning combined with content distribution and 3D rendering operations. Consequently, a growing number of tech experts explore these systems to create efficient, scalable applications. Current price :$429.37 Market cap:$3.61B Bittensor leads the charge with its decentralized machine learning network, rewarding developers with TAO tokens for valuable contributions. Programmers train models together, tapping into a shared pool of intelligence. This approach draws attention from those seeking cost-effective AI solutions without centralized control. Current price: $3.31 Market cap:$3.93B NEAR Protocol attracts developers with its user-friendly design, swapping complex wallet addresses for simple account names. The platform tackles slow transaction speeds and limited scalability, common headaches in other blockchains. Besides, its Doomslug consensus mechanism ensures smooth operation, appealing to creators of everyday decentralized apps. Current price: $0.4160 Market cap:$482.95M AIOZ Network maintains momentum through its extensive use of decentralized systems that optimize video streaming framework and storage operations. The connection between Ethereum and Cosmos enables developers to access affordable fees and adjustable smart contracts. Additionally, the platform rewards users who share resources, sparking interest in its live streaming capabilities. Current price: $3.96 Market cap:$2.05B Render Network connects artists with node operators, offering fast GPU-based rendering through a peer-to-peer system. This setup cuts costs and boosts efficiency for 3D projects. Moreover, developers build new tools on the platform, eyeing its potential for digital economy applications. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

$DOGE 1/5 Has $DOGE reached the bottom? The reference period is 1D. The potential support below should be in the 0.175 area and the 0.146 area. You can place orders in layers at these two positions. It should rebound when it reaches these two levels.

According to Cointelegraph, lawmakers in Ohio have introduced a bill aimed at preventing the state legislature from imposing additional taxes on digital assets when used as a payment method. Ohio House Bill 116, introduced on February 24 by Representative Steve Demetriou and co-sponsored by Tex Fischer, Brian Lorenz, Ty D. Mathews, Riordan McClain, and Josh Williams, seeks to amend existing legislation to ensure that municipalities cannot impose extra taxes or fees on crypto assets beyond those applied to traditional fiat transactions. The bill specifies that the general assembly shall not enact legislation imposing fees, taxes, assessments, or other charges on digital assets used for payment of goods and services. It defines "digital assets" to include cryptocurrencies, stablecoins, and non-fungible tokens. While taxes typically applied to legal tender, such as state or sales taxes, would still apply to crypto transactions, the bill emphasizes that no new levies should be introduced. Additionally, the "Ohio Blockchain Basics Act" asserts that no state agency or political subdivision may prohibit individuals from accepting crypto assets as payment for goods and services. The bill also grants Ohio residents the right to self-custody their digital assets using hardware or self-hosted wallets and participate in crypto staking. Furthermore, activities such as mining, staking, and exchanging crypto assets for other crypto assets do not require "money transmission" licensing under existing Ohio laws. The proposed legislation also addresses crypto mining, allowing individuals to engage in mining activities in residential areas as long as they comply with local zoning regulations. Mining businesses are explicitly permitted in industrial zones and cannot be unfairly targeted by local zoning changes. Additionally, Ohio state retirement funds will be required to evaluate the potential risks and benefits of investing in a crypto exchange-traded fund and report back to the General Assembly within a year. Ohio representatives have been active in proposing crypto-related legislation in recent months. In September, Ohio Senator Niraj Antani introduced a bill requiring the state to accept cryptocurrency for payment of state taxes and fees. In December, Ohio House Republican leader Derek Merrin introduced HB 703, aiming to establish a strategic Bitcoin reserve for the state. Meanwhile, Ohio Senator Sandra O’Brien introduced another bill in February to create an "Ohio (Bitcoin) $BTC Reserve Fund," with a five-year holding period.