Author: NBTC

Federal Reserve Governor Christopher Waller hinted at multiple rate cuts in 2025 if inflation continues its current disinflationary trend. Speaking on CNBC Thursday, Waller said, “The inflation data we got yesterday was very good,” referencing the latest figures showing a cooldown in price pressures. He added that if similar inflation data continues to be reported, it would be reasonable to expect rate cuts in the first half of the year, with the possibility of a cut as early as March. Waller also suggested that future cuts could exceed current market expectations if inflation falls in line with December’s favorable data.…

Read More

IOTA Rebased introduces asset migration, updated wallets, a new tokenomics model with inflationary staking rewards offset by fee burning, and EVM compatibility on Layer 1. The vote on IOTA Rebased will run from December 2 to December 16, marking a pivotal moment in its evolution. IOTA, one of the blockchain platforms famous for its Tangle technology, is now announcing a huge transition after releasing “IOTA Rebased.” IOTA Foundation Board member Lica Moser revealed this move in a recent Tangle Talk session. Moreover, it represents a strategic change to face all the previous struggles and strengthen the ecosystem for future times.…

Read More

On Tuesday, Matthew Sigel, the head of digital asset research at asset management firm and crypto exchange-traded fund (ETF) issuer VanEck, officially endorsed President-elect Donald Trump’s proposal for a national strategic Bitcoin reserve. Major Financial Players Align This endorsement comes as discussions about BCT’s role in US economic policy are intensifying, most notably with Dennis Porter, co-founder and CEO of the non-profit Satoshi Action Fund (SAF), reaffirming BlackRock’s support for the strategic Bitcoin reserve. Porter emphasized that the Trump administration is actively working towards creating this reserve through an executive order, highlighting a significant alignment among major financial players and…

Read More

Ethereum’s (ETH) dominance has seen a sharp decline this year, driven by broader market consolidation that has kept the altcoin’s price below $3,800 since January. At present, Ethereum’s market share remains low, with its daily chart showing no clear signs of an imminent recovery. Ethereum’s Market Share Plunges Ethereum dominance (ETH.D), which tracks the relative value of ETH compared to other cryptocurrencies, has been on a downward trend since the beginning of the year. It now sits at a four-year low of 11.68%, having declined 6% since January 1. This decline indicates that ETH’s overall value is shrinking relative to…

Read More

Ren Protocol’s official X account has broken its silence after a 10-month hiatus, revealing plans for the imminent release of Ren v2. The announcement promises a “bigger and more sustainable impact on DeFi” compared to its predecessor, Ren v1. However, the news comes just hours after Binance announced that it would be delisting REN and several other tokens on Dec. 10, raising suspicions. As is known, Binance has a policy of delisting inactive projects. Ren Protocol’s statement after months of inactivity led some analysts to speculate whether “exit liquidity” was being created. However, the REN price initially reacted to the…

Read More

Bitcoin’s post-election rally fueled by Donald Trump’s victory has stalled. After gaining 36% in the week following the US election, BTC momentum has slowed as attention shifts to Fed policies and broader economic signals. Citing a mix of monetary policy uncertainty and investor caution, analysts suggest Bitcoin may have to wait until 2024 for its next significant price increase. Fed Chairman Jerome Powell recently signaled concerns that inflation will continue, despite significant progress being made in reducing inflation that has reached record levels. At the last Fed meeting, Powell said the central bank would continue to cut interest rates, but…

Read More

Ethereum (ETH) is in a weird place at the moment. While it is the second largest cryptocurrency in the world by market cap, it has underperformed its main rival, Bitcoin (BTC), over the course of the current bull run, by a pretty significant margin. Compared to prices this time last year, the price of Bitcoin increased by 149.71% — in contrast, ETH has seen a much smaller 38.88% surge in the same timeframe. Since the beginning of the year, BTC has surged by 7.95% — while Ethereum has rallied by a meager 0.22%. At press time, ETH was changing hands…

Read More

Donald Trump is set to take office on January 20, Inauguration Day, marking his second term as President of the United States. The Republican, who has notably shifted his stance from being a staunch “dollar guy” to a pro-crypto advocate, has more than dipped his toe in the digital asset space in recent years with ventures including NFTs and trading cards. Recently, an image of Trump was even inscribed on a Bitcoin block through the use of the Ordinals protocol as a tribute to the incoming president. But what most investors are eager to uncover before he takes office is…

Read More

Cardano has disclosed in a recent report that the BIS’ principles and standards for managing third-party risks restrict the use of decentralized infrastructures like blockchain. Cardano also highlights that some of the ways to facilitate resilient frameworks include technological neutrality and alternative risk management approaches. In a recent report, Cardano (ADA) has proposed detailed measures to manage operational risks around the principles of the Bank for International Settlements (BIS) to ensure operational resilience. According to the report, its principles are crucial since they serve as the basis for national regulation. The BIS is an international standard-setter for financial regulation. As…

Read More

Bitcoin (BTC) has declined from its $93,495 peak, now trading at $92,428 as profit-taking accelerates. Market sentiment, marked by “extreme greed,” signals a possible price reversal as traders increasingly lock in gains. Bitcoin’s Rally Prompts Its Long-Term Holders To Sell BeInCrypto’s assessment of BTC’s on-chain performance has shown a spike in coin distribution by its long-term holders (LTHs). These are investors who have held their coins for an extended period, typically defined as more than 155 days. Per Glassnode’s data, the coin’s Hodler Net Position Change dropped to a five-month low on Tuesday. This metric reflects the overall buying and…

Read More