Author: NBTC
The cryptocurrency industry is reportedly targeting the U.S. Securities and Exchange Commission (SEC) in what insiders call an “Italian vendetta” for its overly aggressive regulations during the Biden administration. According to a new Politico report, big names in the crypto industry like Ripple, Coinbase, and Gemini executives are now taking action against SEC officials as revenge for the agency’s alleged wrongdoings of the past. Politico reports that a former SEC employee – who was “granted anonymity over concerns of retaliation from the industry” – said they witnessed a law firm decline to move forward with interviewing an individual at the…
Binance has announced that it has further expanded its options for traders by adding five new trading pairs to its Spot platform. The exchange will also be offering Trading Bot services for these pairs to enhance users’ automated trading experience. Binance Expands Trading Options with New Pairs and Trading Bots New Trading Pairs on Binance Spot Starting March 20, 2025, 11:00 AM, Binance will open trading for the following new pairs: IOTA/USDC JUV/USDC THE/USDC USDC/CZK VANRY/USDC Trading Bots Integration At the same time, Binance will enable Trading Bots services for these pairs, allowing users to automate their strategies using Spot…
Prominent blockchain tracking service Whale Alert, which monitors large crypto transactions, spread the word about a dormant Bitcoin address that had been reactivated after a significant period—10.9 years. The last time this wallet was used was 2014 – four years after Satoshi Nakamoto’s disappearance and the year of the Ethereum Initial Coin Offering (ICO). This wallet contains 300 BTC worth a massive $29,368,562. 💤 💤 💤 A dormant address containing 300 #BTC (29,368,562 USD) has just been activated after 10.9 years!https://t.co/0dBJ05mmjE — Whale Alert (@whale_alert) February 15, 2025 Ancient whales returning en masse Such “awakenings” of old-time whales took place…
Ethereum’s price remains in a deep bear market after plunging more than 53% from its November high. Ethereum (ETH) has crashed below the crucial support at $2,000, and is hovering near its lowest point since November 6. The ongoing crash happened as demand for the coin waned in Wall Street. All spot Ethereum ETFs have had outflows in the last three consecutive weeks, bringing the cumulative net inflow to $2.52 billion. Total assets have dropped to about $6.72 billion. Ethereum’s decline has also been fueled by growing fear in the crypto market. The closely watched crypto fear and greed index…
Renowned XRP community figure WrathofKahneman highlights key observations of Ripple’s rebranded website, suggesting potential shifts in the company’s public positioning. In an X post yesterday, Ripple revealed a redesign of its branding, ranging from its website to social media presence. Ripple signaled that it is entering a new phase, with the company being driven by new visions, particularly the Internet of Value (IoV) and global financial innovation. The crypto payments company highlighted this mission on its X handle, emphasizing that it is now focused on building the Internet of Value. We have a new look in our products, on our…
Several U.S. lawmakers have warned that President Trump’s crypto dealings and Elon Musk’s unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump’s Crypto Ties and Musk’s Expanding Power Four U.S. senators, including Elizabeth Warren, along with Representative Jamie Raskin, sent a letter to White House Chief of Staff Susie Wiles on March 17, raising concerns over President Donald Trump’s involvement in cryptocurrency and digital assets. The letter, signed by Warren (D-MA), Richard Blumenthal (D-CT), Jeffrey A. Merkley (D-OR), Chris Van Hollen (D-MD), and Raskin (D-MD), highlights Trump’s deepening…
The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan’s rival and Istanbul mayor Ekrem Imamoglu. The currency slumped a record of nearly 41 per U.S. dollar, a 10% slide on the day. The volatility saw a sharp rise in trading volumes in the bitcoin-lira (BTC/TRY) pair on leading cryptocurrency exchange Binance. Imamoglu’s Republican People’s Party (CHP) described the arrest as a coup to replace the will of the people. The party was set to hold a primary election next week, with Imamoglu widely expected to emerge as the…
Cryptocurrency analyst and trader Michaël van de Poppe is outlining two potential paths for Bitcoin (BTC) and altcoins over the coming months. In the first scenario, Van de Poppe tells his 169,000 YouTube subscribers that Bitcoin and altcoins will have “one hell of a year.” According to the analyst, the crypto market will follow the four-year cycle with Bitcoin peaking in the fourth quarter of 2025 while altcoins will have a bullish run in the first quarter of 2026. The four-year cycle is based on Bitcoin halving events when BTC miner rewards get slashed in half, triggering a supply and…
Ethereum’s price is yet to show any willingness to recover, as the market has been moving sideways over the past week. However, the current level can initiate a rebound if the price holds above it. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart ETH’s daily chart remains bearish, with the price struggling to hold above the $1,900 support area after a prolonged downtrend. A breakdown of this level could reinforce further downside, potentially targeting the $1,600 support zone if selling pressure persists. The 200-day moving average remains well above, located around the $2,900 mark, signaling a strong bearish bias.…
After the successful launch of the dollar-pegged RLUSD stablecoin at the start of December, Ripple has been regularly minting millions or at least hundreds of thousands of RLUSD pretty regularly. This week, however, on-chain data trackers have not registered any significant minting activity of Ripple Treasury — the entity in charge of creating new RLUSD coins under Ripple. Meanwhile, traders have been actively using the 50 million RLUSD that are circulating in the market now — the trading volume is 35.66% up over the past 24 hours, according to data shared by CoinMarketCap. The stablecoin currently holds the 552 spot…