Author: NBTC
Changpeng Zhao, the former chief executive of cryptocurrency exchange behemoth Binance, has clarified that he did not sell any crypto during the devastating crash that took place earlier this Tuesday. Earlier today, the leading cryptocurrency plunged to $86,141, reaching the lowest level since November. However, it has since managed to pare its massive losses, currently trading at $94,519. Still, Bitcoin is 19.2% away from reclaiming its current all-time high of $108,786, meaning that it is close to bear market territory. As reported by U.Today, CZ, who remains a highly influential voice in the crypto community despite being forced to leave…
Amid growing filings for altcoin ETFS, a Shiba Inu ETF proposal has not sprung up, with the ecosystem team recently calling for an application. Shiba Inu market lead Lucie recently talked up a Shiba Inu exchange-traded fund (ETF). In an X post, she called on issuers and sponsors to set the approval process for a publicly traded fund tracking the meme coin’s price in motion. Wen Shiba Inu ETF? Notably, several altcoins have drawn the attention of asset managers recently following the approval of the Bitcoin and Ethereum spot ETFs. Aside from prominent assets like Solana, XRP, and Cardano, meme…
Billions.Network has launched a digital identity verification platform designed to offer a non-biometric and privacy-focused alternative to existing verification systems, including Sam Altman’s crypto project, World. The platform, which utilizes zero-knowledge proof tech, seeks to provide a scalable and secure method for verifying both human and AI identities. The company said more than 9,000 projects, including TikTok, Top Doctors, and World—previously Worldcoin—have implemented its underlying verification framework, Circom. Financial institutions such as Deutsche Bank and HSBC have also tested the system in proof-of-concept trials, the company told Decrypt. The launch comes amid growing regulatory scrutiny of digital identity systems and…
Crypto Analyst Unveils ‘Very Critical Level’ That Will Determine Path Forward for Bitcoin – Here’s His Outlook
Cryptocurrency analyst and trader Kevin Svenson is outlining the path forward for Bitcoin (BTC) as the flagship digital asset lingers around 20% below the all-time high. In a new video, Svenson tells his 82,700 YouTube subscribers that Bitcoin could re-enter bullish territory if BTC breaks above a downward trend line on the weekly time frame and manages to close above the price of $90,000. “So what we’re looking for right now with the current weekly is that we get a nice close, that we close at least above our downward-sloping support. At least we want to close above about $87,500…
The NFT market has fallen alongside a broader crypto selloff, with Bitcoin tumbling to $85,000 and Ethereum dropping to $2,200. According to CryptoSlam data, NFT markets saw total sales volume fall to $107.1 million, marking a 28.93% drop from the previous week. Despite the pullback in sales value, trader participation continued to grow. The weekly metrics tell a mixed story: NFT sales volume fell to $107.1 million from $152.9 million NFT buyers increased 36.02% to 456,874 NFT sellers grew 32.81% to 314,871 NFT transactions remained stable with a 0.86% rise to 1,566,183 You might also like: U.S. Congressman to host…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. This time yesterday, I was writing about how US equities had started down the road to recovery. Well, that was short-lived. The S&P 500 and Nasdaq Composite indexes opened in the red Tuesday and were trading 0.4% and 1.2% lower, respectively, at 2 pm ET. Big Tech and crypto stocks were not immune. The Bloomberg Mag7 Index, which equally weights seven of the largest companies, was down almost 3% midway through the session. Nvidia, on the eve of reporting its fourth quarter earnings, was down 1.9%…
Data released by the Ripple Stablecoin Tracker account on X shows that blockchain behemoth Ripple has resumed minting Ripple USD (RLUSD) stablecoins. Three large mints made by Ripple Treasury were spotted on the last day of a more than two-week break. 💵💵💵💵💵💵 4,000,000 #RLUSD minted at RLUSD Treasury.https://t.co/G1ORY8qjaT — Ripple Stablecoin Tracker (@RL_Tracker) February 27, 2025 9.1 million RLUSD minted after long break According to the aforementioned source, the Ripple giant minted three batches of stablecoins on Thursday: 3,100,000 RLUSD, 4,000,000 RLUSD, and 2,000,000 RLUSD. The most recent of those lumps was minted five hours ago. 💵💵💵💵💵💵 2,000,000 #RLUSD minted…
HeLa Labs, a prominent platform leading blockchain innovation, has started an exclusive partnership with PropBlock RWA, a well-known decentralized RWA firm that uses AI for property investment. The collaboration aims to redefine the investment in real estate by combining the strengths of both the entities. The platform took to its official social media account to disclose this collaboration. We’re excited to announce our newest collaboration with @PropBlockRWA!PropBlock RWA AI Agent is a decentralized RWA platform that revolutionizes property investment by merging advanced artificial intelligence with real-world asset tokenization. Together, we’re shaping the… pic.twitter.com/9yuaIs2YyS — HeLa Space 🍀 (@HeLa_Labs) February 28,…
Bitcoin miner Bitdeer purchased 50 more Bitcoin today. Bitcoin market price is trading slightly below the $80,000 mark. Bitcoin miner Bitdeer purchased 50 additional Bitcoins today as the BTC price fell below the $80,000 level. Bitcoin is trading at $78,893 at press time with around 9% drop in the last 24 hours. Despite the price drop, proponents are supporting Bitcoin purchase at these lower price levels. Today, we acquired 50 more #BTC at a price of $81,475 each. #Bitcoin #BitcoinHoldings #BTC #btcmining $BTDR pic.twitter.com/J0z1DDb8E2 — Bitdeer (@BitdeerOfficial) February 28, 2025 Bitdeer announced earlier today that it acquired 50 Bitcoins on…
Ethereum price plunged 7%, trading as low as $2,327 on Thursday after losing the $2,500 psychological support. Ethereum bulls record $99 million LONG Liquidation losses, outpacing short liquidations by 40%. With a death cross now in play ahead of Trump’s tariffs commencing on March 1, ETH price risks further losses. Ethereum price tumbled 17% in the last 48 hours. With bear traders assert dominance amid Bybit hack resolution and looming U.S. tariffs, ETH faces further downside risks. Ethereum tumbles 5% after losing critical $2,500 support Ethereum came under intense selling pressure this week, as the loss of its $2,500 psychological…