Author: NBTC
It appears that the Trumps have yet to find a corner of crypto they don’t like. This week, the Trump Organization filed a slew of trademarks indicating the company is mulling expansion into a digital sector that’s struggled for years: the metaverse. The dozens of proposed new protections for the signature “Trump” mark include “downloadable virtual reality game software featuring crypto tokens for use in online virtual worlds,” and several categories of NFT-backed virtual goods available for sale in a Trump-controlled online marketplace that might populate such an environment. If the president and his family really are considering launching a…
Bitcoin’s (BTC) price has hit a three-month low, reversing its post-election gains following Donald Trump’s victory. While initial market sentiment blamed the downturn on US President Donald Trump’s tariffs and the recent Bybit hack, analysts are now pointing to a more structural cause. Why Bitcoin Is Crashing, Analyst Offers New Perspective Crypto analyst Kyle Chasse ascribes the ongoing crypto market crash to unwinding the cash and carry trade that has been suppressing BTC’s price for months. He explains that hedge funds have exploited a low-risk arbitrage trade involving Bitcoin spot ETFs (exchange-traded funds) and CME futures. “Bitcoin is crashing. Wondering…
Ethereum is gearing up for a major upgrade that will allow users to pay fees in ERC-20 tokens like Shiba Inu (SHIB). This will be possible thanks to the upcoming Pectra hard fork, a significant upgrade that combines 11 Ethereum Improvement Proposals (EIPs) into one package. Scheduled to launch in March 2025, Pectra is expected to bring significant improvements to staking efficiency, wallet usability, and scalability. At the core of the upgrade is the account abstraction feature, which aims to improve the wallet’s usability by making it more intuitive. With this feature, Ethereum users will be able to pay gas…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. You may have seen one of the biggest crypto asset managers just raise $70 million as part of a push to broaden its offerings. That would be Bitwise, which seeks expansion as more institutions enter the space and the SEC signals increased open-mindedness. I caught up with CEO Hunter Horsley, who said the company expects to boost headcount from about 100 to roughly 130 this year. On the product front, it looks to not only bring more ETFs, but a slate of custom solutions. Bitwise essentially…
VERUM price jumped more than 70% to hit a new all-time high above $3,163. The cryptocurrency’s value has increased amid key wallet integrations. Verum Coin (VERUM) outperformed the top 500 cryptocurrencies by market cap in the past 24 hours as its price jumped 70% to hit a new all-time high. The altcoin’s price rose as the broader market experienced a slow Christmas week, with Bitcoin remaining ranged below $95k and Ethereum, XRP and Solana all retesting key levels. Gains push VERUM price to new high On Dec. 29, VERUM price hit a new all-time high above $3,163 – a new…
The alliance aims to improve international business payments, especially for companies operating in regions with high inflation. This partnership further modernizes company payments by fusing Nexo’s knowledge of digital assets with Sphere’s state-of-the-art infrastructure. A strategic alliance between Nexo, a leading digital assets wealth platform, and Sphere, a pioneer in same-day cross-border settlement, has been announced. By incorporating quick, affordable, and regulatory compliant blockchain-based settlement solutions, the alliance aims to improve international business payments, especially for companies operating in regions with high inflation. The partnership uses Nexo’s knowledge of digital assets and Sphere’s scalable infrastructure to cut settlement times from…
Bitcoin (BTC) is on track for its worst month in three years, falling 22% as President Donald Trump’s tariffs on major U.S. trading partners raise concerns of faster inflation, reduced chance of interest-rate cuts and lowered appetite for risky investments. The last time the largest cryptocurrency fell as much as June 2022, when it fell by more than a third. This week alone, BTC has dropped almost 18%, the steepest slide since the week ended Nov. 13 of the same year. The slide leaves investors who’ve bought bitcoin this year severely underwater. The average purchase price is since the start…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. 2025 is the year when Bitcoin (BTC) will reach its turning point. Historically regarded as a “store of value,” its role in decentralized finance has been minimal, capturing only close to 0.3% of its market cap compared to Ethereum (ETH) dominant position. Ethereum’s programmability has made it the natural home for DeFi, but Bitcoin’s $2 trillion market cap and unmatched security present an untapped opportunity ripe for investment and success. You might also like: Bitcoin DeFi shouldn’t…
Investors are urging Revolut to consider another secondary share sale as new stakeholders seek entry into the fintech firm, Bloomberg News reported on Feb. 27. Sources familiar with the matter told the news outlet that some shareholders were willing to sell shares in a transaction that could value the company at $60 billion. This represents a substantial increase from Revolut’s $45 billion valuation in a secondary sale conducted six months ago. Sources said the fintech has not yet initiated an offering and would need to authorize such a move. The discussions emerge as the company prepares to report approximately $1…
Theta Network, the decentralized cloud platform for artificial intelligence, media and entertainment, is among the top trending projects today in terms of market performance. Analysts predict bullish potential for THETA price, with support expected around $1.8 Data from CoinGecko shows the native Theta Network (THETA) token has surged by more than 10% in the past 24 hours at the time of writing. Theta‘s price gains on the day come as the broader AI sector records upward momentum. In the past day, several AI-powered projects and meme coins have increased in value as bulls target new forays ahead of a potentially…