[ad_1] Cryptocurrency exchange Bitfinex has released a new report stating that Bitcoin is currently positioned at a critical support level and the next few weeks will determine whether BTC can sustain its momentum and reach new record highs. According to the report, Bitcoin has shown remarkable resilience, rising more than 10% in the past week and outperforming traditional risk assets like the S&P 500. After weeks of volatility and low liquidity, Bitcoin has re-entered the lower end of the $94,000 range, a key level that previously saw it hit a new all-time high in January. Bitfinex attributes the recent recovery…
Author: NBTC
[ad_1] A Federal Reserve survey naming the trade war and U.S. debt as the economy’s top threats has prompted veteran investor Clem Chambers to warn of an overlooked supply-chain squeeze that could jolt markets. Inflation Time Bomb: Fed Printing Could Send Prices Soaring, Says Chambers Chambers, chief executive of Online Blockchain, told Kitco News Anchor Jeremy Szafron that roughly 30 percent of U.S. food packaging is sourced from China and could vanish if Trump’s tariffs bite. He believes a sudden shortfall in plastic film and meat trays would tack “four, five, or six or seven percent” onto grocery inflation and…
[ad_1] According to onchain records from Arkham Intelligence, an entity known as “SUN” appears to have linked an HTX cold wallet to the forthcoming Donald Trump dinner. Arkham Reports Whale Wallet ‘SUN’ Cracks Top Tier for Trump’s Meme Coin Gala On Wednesday, Bitcoin.com News revealed that the leading 220 holders of the TRUMP meme coin will receive invitations to a gala with the 47th U.S. president at the end of May. The TRUMP meme coin website indicated that a publicly accessible leaderboard—updated hourly—will show which holders qualify for entry, and that an exclusive reception for the top 25 holders will…
[ad_1] Two top Republican lawmakers are calling on the U.S. Securities and Exchange Commission (SEC) to delist several Chinese companies, including major names like Alibaba, Baidu, and JD.com, over concerns about national security and ties to China’s military. John Moolenaar, the Republican chair of the House China committee, and Senator Rick Scott, head of the Senate Committee on Aging, sent a letter on Friday to newly appointed SEC Chairman Paul Atkins. In the letter, they urged the commission to take action against 25 Chinese firms currently listed on U.S. stock exchanges. The list includes some of China’s most prominent companies,…
[ad_1] DAC Platform, a blockchain-based project to strengthen digital communities, has announced its new partnership with HamBit, a prominent Software-as-a-Service provider championing in Tier-1 payment solutions. The collaboration denotes a key development in advancing DAC Platform’s endeavors to improve accessibility, adoption, and efficiency of digital payments. The platform revealed this initiative on its official social media account. 🚀PARTNERSHIP ANNOUNCEMENT 🚀DAC Platform x HamBit 🤝We are thrilled to unveil our latest collaboration with HamBit 🎉💲 HamBit is a cutting-edge SaaS platform empowering businesses with Tier 1 payment and collection services, offering instant settlements, ultra-low fees,… pic.twitter.com/MmakvNrFuC — DAC Platform (@DAC_Platform) May…
[ad_1] Cryptocurrency analysis company 10x Research has evaluated the current technical outlook of Bitcoin in its latest report. The company announced that a major movement is expected for Bitcoin in the near future. 10x Research reminded that in its report dated February 4, they detected a “Diamond Top” formation when Bitcoin was trading at $ 100,000 levels and warned investors against an impending correction. Stating that this formation was confirmed by the breaking of the critical $ 95,000 support, the company argued that this level was an important trigger from a technical perspective. Noting that Bitcoin broke not only the…
[ad_1] UAE conglomerate MAG, a real estate developer, which had previously signed a $500 million deal with Mantra Chain, has now signed an even bigger tokenization deal worth $3 billion with MultiBank Group, a financial derivatives institution in Dubai and Blockchain tokenization infrastructure provider Mavryk. As per the press release, the partnership will bring MAG’s high-value real estate developments, such as The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort, and Keturah Reserve, onto the blockchain, making them available to global investors via MultiBank.io’s fully regulated RWA marketplace. Once launched, holders of the RWA assets will be able to…
[ad_1] In the latest episode of “Crypto In One Minute,” Ripple (XRP) Chief Legal Officer (CLO) Stuart Alderoty discussed why the U.S. Securities and Exchange Commission (SEC) withdrew its appeal of its case against Ripple in March 2025 and the new direction the U.S. is taking on crypto regulation. Alderoty summarized the process with a 60-second statement after a six-year legal battle. He noted that the SEC had withdrawn its lawsuits not only against Ripple, but against all cryptocurrency companies in the country, and stated that the main reason behind this decision was that criminal proceedings carried out without clear…
[ad_1] Echelon enables cross-chain lending on Initia with built-in DEX, oracles, and DA support. VIP rewards in $esINIT incentivize USDC, sUSDe, and INIT supply or borrowing activity. MiniMove and Celestia integration power high-throughput transactions and modular tooling. A new lending-focused appchain, Echelon, has gone live on the Initia mainnet, marking a new phase in the expansion of Initia’s interconnected rollup ecosystem. Built as a MoveVM-based chain, Echelon is intended to facilitate capital-efficient liquidity provisioning across stablecoins, liquid staking tokens (LSTs), and volatile assets. The launch introduces fully integrated lending markets and reward mechanisms tied directly to Initia’s infrastructure. Echelon is…
[ad_1] Following the Bitcoin (BTC) price increase above $94,000, Tony Severino, a CMT-verified analyst, released a detailed technical analysis outlining a clear strategy for navigating the next major move. As the Heikin Ashi monthly candle flashes bearish signals, the analyst shares the ideal time to buy Bitcoin, warning investors of potential bear market traps. Upper Bollinger Band Reveal Time To Buy Bitcoin Severino has provided an in-depth examination of the Bitcoin market, identifying precise conditions under which investors and traders, including himself, might consider re-entering based on key market indicators and price action. The analyst broke down a Bitcoin price…