Author: NBTC
But real quick first— XRP’s price could be in for another big pump soon, according to the technical signals. Legendary chart trader Peter Brandt recently shared a bullish wedge pattern suggesting another leg up for XRP’s price to above $2.70. The average exchange rate in US dollars for XRP on Saturday, Dec. 28, was $2.19. So if this rally materializes, it would represent a 24% increase over Saturday’s price in potentially a matter of mere days or weeks. Here are two views of $XRPUSD a weekly chart and a daily chartStrong opinions, weakly heldA chart is not an opinion and…
Cronos, a leading blockchain ecosystem, has unveiled new prepaid card fund withdrawal features, according to the most up-to-date reports shared with Finbold on Thursday, February 27. Developed in partnership with Crypto.com, the new withdrawal feature is an important milestone not just for Cronos but the broader crypto industry, helping bridge traditional (TradFi) and decentralized finance (DeFi). Looking ahead, Cronos has also hinted at an automatic transfer system for DeFi yields, which would allow users to route their Cronos staking rewards and other earnings while topping up their Crypto.com prepaid card. New Cronos prepaid card withdrawal features By connecting their Web3…
Bitcoin (BTC) and altcoins experienced another sharp decline after US President Donald Trump announced that new customs duties for Canada and Mexico would come into effect on March 4 as planned. While BTC fell by 7.7% in the last 24 hours to $79,000, Ethereum (ETH) fell to $2,100. With the declines, the Fear and Greed Index, which measures the sentiment among Bitcoin and cryptocurrency investors, fell to the level of extreme fear, and questions began to be asked among investors: “Is the bull run over? Has the bear run begun?” At this point, CryptoQuant CEO Ki Young Ju, who stated…
Ethereum (ETH) spent most of February trading within a narrow price range, struggling to gain momentum. However, this week’s market-wide downturn, triggered by Donald Trump’s trade policies, has pushed ETH to multi-month lows. With bearish sentiment on the rise and ETH struggling to regain strength, investors are questioning whether March will bring further declines or a potential rebound. ETH Struggles as Supply Grows and Selling Pressure Mounts The steady surge in ETH’s circulating supply is a cause for concern for market participants in March. According to Ultra Sound Money, 66,350 ETH coins, valued above $138 million at current market prices,…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. This week I had the pleasure of speaking with Andy Constan, CEO of Damped Spring. Andy has had a storied career at the likes of Bridgewater and Brevan Howard. He possesses a deep understanding of monetary plumbing and how it translates into a tangible impact on the economy and markets. As mentioned in my piece last week, the FOMC meeting minutes shed light on the future of the Fed’s balance sheet composition and what it wants to see happen next. There’s a ton of complex nuance…
David Schwartz, the chief technology officer at San Francisco-based enterprise blockchain company Ripple, has denied being a billionaire in a recent social media post. During the massive XRP rally that took place in 2018, the top Ripple bosses famously appeared among the richest people on the planet. The net worth of Ripple co-founder Chris Larsen famously surged to $54 billion. Larsen received 9 billion XRP tokens, which explains why his net worth swelled at such a dramatic pace. Ripple CEO Brad Garlinghouse was worth close to $10 billion when XRP reached the price peak. Schwartz, who was described as Ripple’s…
In a significant development, Terminus has announced its partnership with DreamCraft, a decentralized creative ecosystem. Terminus is a leading payment association connecting cryptocurrency with real-world payments. This partnership was officially shared on Terminus’ X account. 🌐 New Partnership Goes Live!@terminus_pos, the pioneering Payment Association bridging crypto and real-world payments, is partnering with @DreamCraftAI, a decentralized creative ecosystem empowering artists, writers, and creators worldwide.This partnership represents a… pic.twitter.com/C0x4F9bA8c — Terminus (@terminus_pos) February 27, 2025 Terminus and DreamCraft AI Revolutionize Digital Art with Web3 Tools The purpose of the partnership is to bring the worlds of digital finance and artistic creativity together.…
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…