Author: NBTC

Bitcoin (BTC) continued to slide on Monday, hurt by not just by massive bearish price action in most of the rest of crypto, but also as U.S. stocks struggle to pull out of their recent downturn. Falling to about $93,900 as stocks closed, bitcoin is down 1.9% in the last 24 hours. Ether (ETH) is lower by 5.9% over the same time frame. The broader CoinDesk 20 Index is down 5.1%. Following last week’s major declines, an attempted rally by the major U.S. stock averages failed Monday afternoon, with the Nasdaq closing down another 1.2% and the S&P 500 0.5%.…

Ethereum (ETH) has gained nearly 6% in the last 24 hours, bringing its price back above $2,200 after briefly dropping near $2,000. This recovery comes as investors anticipate potential market-moving developments from the upcoming White House Crypto Summit. Key indicators such as the RSI and DMI suggest that Ethereum is at a pivotal point, with bearish momentum weakening but not entirely gone. If bullish pressure continues to build, ETH could break above key resistance levels, potentially aiming for $3,000 in the coming weeks. Ethereum RSI Is Neutral, But Up From Yesterday Ethereum’s Relative Strength Index (RSI) is currently at 48.9,…

Portofino Technologies, a Switzerland-based crypto market making firm, has big plans for 2025, the company’s CEO Leonard Lancia told CoinDesk in an exclusive interview. The crypto market maker is exploring opening new offices in both New York and Singapore, Lancia said. The firm is regulated in the U.K., Switzerland and the British Virgin Islands, and has plans to expand its licensing under the EU’s Markets in Crypto-Assets (MiCA) regulation. MiCA came into effect on Dec. 30 last year. Portofino has made a number of senior hires in recent months. Dipak Shah has joined the company as its head of over-the-counter…

BOME is bouncing from strong support and could break out of its downtrend soon. Price targets of $0.010479 and $0.015978 suggest a major bullish move ahead. Buyers stepping in now may fuel rapid gains if momentum continues to build. BOME/USDT shows a double-rounded bottom formation, a strong reversal signal suggesting the end of its prolonged downtrend. The price currently trades at $0.002128, sitting at the lower boundary of a descending channel, a critical accumulation zone for mid-to-long-term investors. With a potential breakout, price targets of $0.010479, $0.013430, and $0.015978 are now in focus, indicating a significant upside if momentum builds.…

WonderFi is considering partnerships that would bring derivatives trading to its platforms, Bitbuy and Coinsquare, in Canada and Australia. Vancouver-based WonderFi Technologies Inc. is exploring a new partnership to bring derivatives trading to its crypto platforms, Bitbuy and Coinsquare, in Canada and Australia. The company revealed in a March 5 press release that it entered a non-binding letter of intent with Australian broker Eightcap and Embedded, its trading-as-a-service solution, that would give users of Bitbut and Coinsquare access to derivatives products, including foreign exchange, indices, oil, metals, and select stocks. These products will be offered as contracts for difference, which…

Hayden Davis, 28, went from selling Oreos to pay rent to pulling off one of the biggest crypto scams in history. He called himself a “hustling expert” on LinkedIn, but last month, his name became synonymous with fraud, deception, and a $1 billion crypto collapse. The disaster came thanks to $LIBRA, a meme coin he pushed as a way to help Argentina’s economy, only for it to crash overnight, leaving more than 10,000 investors burned and at least $250 million gone. Meanwhile, Hayden walked away with $100 million and hasn’t been heard from ever since. But who is this guy?…

Algorand, Litecoin, and Polkadot offer innovative solutions with strong growth potential. The DeFi space sees Terra Luna Classic persevering steadily. Mantra allows its users to access profitable options on its network via its community-oriented platform. The mainnet launch of Pi Network resulted in price droppings that have caused investors to search for alternative cryptocurrencies that demonstrate strong fundamentals and expansion capabilities. The alternatives comprise Algorand (ALGO), Litecoin (LTC), Polkadot (DOT), Terra Luna Classic (LUNC), and MANTRA (OM). Algorand (ALGO): An Innovative Blockchain Platform Algorand operates as a fast and highly secure blockchain platform. Pure Proof-of-Stake serves as the consensus protocol…

Charles Hoskinson denies any appointment to a crypto-related role, clarifying that meetings do not imply executive branch endorsements. Speculation emerged following Hoskinson’s cryptic hints about a key meeting, drawing mixed reactions from the Cardano community and broader industry. Hoskinson urges restraint in speculation, emphasizing that ongoing discussions should not be misconstrued as government appointments or regulatory influence. Cardano founder Charles Hoskinson has invalidated rumors about his involvement with cryptocurrency policy due to an alleged appointment as a government official. Hoskinson delivered this announcement following recent community debates triggered by the pending March meeting agenda. Hoskinson recently declared through social media…

Crypto research and analytic platform CryptoRank has revealed that Binance tops centralized exchanges in monthly net reserves, with a surge of $4.5 billion in net inflows. The firm also noted that Bybit recorded massive outflows, an additional $3.5 billion over the past month. Bybit experienced huge negative monthly reserves following a hack in February. KuCoin and OKX exchanges also recorded a drop in net outflows of $464 million and $517 million, respectively. Bitfinex and HTX Global reported an increase in monthly inflows, with roughly $639 million and $585 million, respectively. Binance reserves net inflows surge by $4.5 billion Binance reserves…

Ethereum price today: $2,240 The Ethereum Pectra upgrade has returned to normal operation on the Sepolia testnet after developers fixed bugs in its deposit contract. Developers assured users that the issues don’t affect Pectra’s mainnet deployment. ETH is struggling to hold the $2,200 support level as the Stoch hits the oversold region. Ethereum (ETH) is up on Wednesday after developers fixed issues with the Pectra upgrade’s deployment on the Sepolia testnet. The top altcoin aims to hold the $2,200 support level amid negative sentiments from Pectra’s failure on testnets. Ethereum faces issues with Pectra deployment on Sepolia The Ethereum Pectra…