Author: NBTC
Phoenix, a crypto news and analytics platform, reveals this weekly report of CoinGecko. In this report, top crypto projects are discussed that are gaining attraction in the crypto community around the globe. The report highlights the remarkable shift in traders’ interest and market sentiment. $AI16Z, with a $1.21 current price, has a market cap of 1.3B and a $155.3M trading volume. Further, this report underscores the community’s traction and significant price shifts of the top projects along with their trading volume. TOP TRENDING SEARCHES BY #COINGECKO#AI16Z #VIRTUAL $PHA $PENGU $BGB $HYPE $SUPRA $JUP $PEPE $AIXBT pic.twitter.com/s4PlNDidRV — PHOENIX – Crypto…
Germany is expecting a change in government with crypto policy change in the spotlight. While Bitcoin reserve adoption has split backing, MiCA adoption is poised to gain precedence. The results from Sunday’s early parliamentary election in Germany show the Centre Right Alliance (CDU/CSU) as the winner. With the CDU/CSU securing majority seats, there are rising expectations of a more innovation-friendly environment. How Can This Election Impact Crypto Policy Shift? Germany’s center-right victory makes Friedrich Merz, the leader of the Christian Democratic Union (CDU), the country’s likely next chancellor. He would replace Olaf Scholz, ending the center-left Social Democrats (SPD) brief…
Japan-based crypto exchange bitFlyer has announced the addition of XRP leveraged trading on its bitFlyer Crypto CFD platform. In the announcement, the exchange noted that XRP leveraged trading will go live soon. It will allow traders to take advantage of XRP price movements with up to 2x leverage. This provides greater capital efficiency and the ability to profit from both rising and falling markets. According to the announcement, this addition is part of bitFlyer’s strategy to expand and diversify its product offerings, providing more opportunities for customers to engage in the crypto market. XRP on bitFlyer Crypto CFD Notably, bitFlyer’s…
The market intelligence platform IntoTheBlock has revealed how the largest of Bitcoin holders have been the ones applying selling pressure amid the price decline. Bitcoin Mega Whales Have Been Reducing Their Supply Recently In a new post on X, IntoTheBlock has discussed the latest trend in the Bitcoin supply held by the whales. The ‘whales‘ broadly refer to the entities who own more than 1,000 tokens of the cryptocurrency. At the current exchange rate, this amount converts to a whopping $88.9 million, so the only investors who would qualify for the cohort would be the big-money ones. In the context…
The EU imposes full sanctions on Russian crypto exchange Garantex, blocking operations entirely. Garantex was flagged for aiding sanctioned entities, raising concerns over illicit transactions. The sanctions could increase market volatility amid ongoing economic challenges. The European Union has taken a strong stance against Russia’s use of digital assets by imposing full-fledged sanctions on the Russian cryptocurrency exchange, Garantex. This move is part of the EU’s sixteenth package of sanctions, which prevent Russia from using digital assets to bypass restrictions. Garantex Faces Complete Sanctions For the first time, the EU Council has imposed full sanctions on a Russian-based crypto exchange.…
Bitcoin price started a fresh decline below the $88,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $92,500 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $86,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to stay above the $82,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay above the $92,500 level and…
On Monday, Department of Government Efficiency (DOGE) co-founder Elon Musk warned employees who ignored President Donald Trump’s return-to-office mandate had received “over a month’s warning.” He made the announcement on his social media platform X, calling out those who continued to resist in-person work “will be placed on administrative leave” starting this week. President Donald Trump had asked Elon Musk to intensify his cost-cutting measures within the federal government, prompting the billionaire to be “more aggressive” in reducing wasteful expenditure and inefficiency. Trump’s comments were made Saturday on Truth Social, where he praised Musk’s work leading the Department of Government…
What makes a gamification experience compelling? It involves a set of activities that appeal to participants and motivate them to make an individual or collective impact. Gamification merges digital finance and gaming elements, incentivizing users to play an active role in a crypto ecosystem. While its main goal is enhancing user engagement and helping build sustainability, striking the right balance remains challenging for many platforms. A disproportionate number of gamified elements can overwhelm users, limiting adoption. Meme tokens are only one element of gamification but receive excessive focus. They encourage short-term speculation instead of sustainable investment and involvement. This can…
Bitcoin has fallen below $85,000, continuing its sharp decline as traders react to President Donald Trump’s announcement of new tariffs on European imports. Speaking at his first cabinet meeting on Feb. 26, U.S. President Donald Trump reiterated his intention to put a 25% tariff on European Union goods, as reported by The Guardian. The cryptocurrency industry has been significantly impacted by this announcement. Bitcoin (BTC) is currently down 4% in the last 24 hours, trading at $84,600 levels at press time. The broader crypto market has also suffered, with total market cap shrinking 4% following President Trump’s remarks, according to…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The industry celebrated Coinbase’s revelation that the SEC is set to drop its case against the company. Then the Bybit hack occurred, reminding us all of how erratic crypto news can be. You can read about the Bybit stuff here; I want to expand on what the SEC’s latest moves could mean going forward. Arie Heijkoop, a partner in Haynes Boone’s investment management division, pointed out the significance of the pending Coinbase action dismissal being “with prejudice” — meaning the SEC doesn’t expect to bring the…