Author: NBTC
NEW YORK — With the U.S. government’s help, the crypto industry will become a dominant in finance, U.S. President Donald Trump said Thursday. Crypto is “as big as you can get,” he said during a five-minute taped speech at the Digital Asset Summit in Manhattan. Trump was met by a full room of attendees, many of whom entered the room just before his scheduled speech and who immediately vacated after he wrapped up. “Pioneers like you will be able to improve our banking and payment system and promote greater privacy, safety, security and wealth for American consumers and businesses alike,”…
Coinbase reports a surge in institutional and consumer transaction revenues, with XRP accounting for 14% of earnings per coin. Leading crypto exchange Coinbase released its Q4 earnings yesterday. It revealed quarterly revenue of $2.3 billion and transaction revenue of $1.6 billion, up 88% and 172% from the previous quarter, respectively. Meanwhile, Vet, an XRPL dUNL validator, highlighted a feature of the quarterly report that interested the XRP community. In a tweet, he pointed out that XRP outpaced assets like Ethereum and Solana in percentage contribution to Coinbase’s transaction revenue. XRP Is One of The Most Traded Assets on Coinbase in…
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the crypto king hovers below a price of $100,000. In a new video, Svenson tells his 82,300 YouTube subscribers that the Relative Strength Index (RSI) indicator, which is used to determine oversold or overbought market conditions, is signaling a move to the upside for Bitcoin on the weekly time frame. According to Svenson, the RSI indicator on the weekly timeframe is currently mirroring what has previously led to significant breakouts. “Every time we get a break of the weekly RSI downtrend line, there is a major pump that…
The chief economist at the European Central Bank (ECB), Philip Lane, said Europe needs a digital euro to counter the foothold that dollar-linked stablecoins and U.S. electronic payments systems are gaining in region’s the financial system. The prevalence of electronic payments provided by Big Tech firms, such as Apple Pay, Google Pay and PayPal, “exposes Europe to risks of economic pressure and coercion,” Lane said, according to the text of a speech at University College, Cork in Ireland on Thursday. “The digital euro would provide a secure, universally accepted digital payment option under European governance, reducing reliance on foreign providers,”…
The price of popular cryptocurrency XRP saw exceptional performance during today’s trading session, as the quotes of the $160 billion asset suddenly soared by 7.5%. Following this sudden act of price appreciation, XRP saw its quotes reach a two-week high of $2.75. Interestingly, the price action was preceded by a shift of over $1 billion worth of XRP by San Francisco-based cross-border crypto payments provider, Ripple. The company is the largest user of XRP, with the token being used in Ripple’s services, including remittances, money settlements, cross-border payments and on-demand liquidity. Both the token and the company are associated with…
Siemens, Europe’s largest industrial technology company, is working with distributor ledgers for the internet of things (IoT) builder Minima, to embed blockchains into the German giant’s devices across the automotive, robotics and energy sectors. Minima is working with Siemens Cre8Ventures division, an initiative to accelerate industrial transformation by collaborating with startups in the fields of AI, digital twins, cybersecurity, and more, the companies said in a press release on Tuesday. A gradual evolution of computing capabilities towards the edges of networks has seen a greater need for security and data integrity to be embedded within these edge devices at scale,…
A top cryptocurrency analyst and trader says Bitcoin (BTC) may be gearing up for a massive breakout as it chops around the $96,000 level. The analyst pseudonymously known as DonAlt tells the 65,700 subscribers of the Technical Roundup YouTube channel that Bitcoin’s market structure is showing continual improvement on the daily chart, indicating it may be on the verge of making an explosive move. “I think it’s getting more and more tight and a breakout is more and more likely with every day that passes, especially with the headlines that we’ve been having… I think we’re going to go a…
YZi Labs (formerly Binance Labs) has appointed Jane He as General Partner to lead its investments in biotechnology, marking a strategic expansion beyond its traditional Web3 focus. The move follows the firm’s recent rebranding from Binance Labs and reflects a growing emphasis on artificial intelligence and biotech. Jane He, an experienced investor with a background in biotech and medtech, will play a central role in identifying and supporting disruptive innovations in these sectors. Her expertise spans cancer therapies, gene editing, metabolic treatments, and AI-driven biotech solutions. Before joining YZi Labs, He served as an investor and Chief Operating Officer at…
BeraFI, the first project built on the controversial Berachain, is live, with BERAFI token trading on Uniswap, Kodiak, MEXC, and most recently, WEEX. BeraFi (BERAFI) launched on Feb.13 at 14:00 UTC with listings on Uniswap, Kodiak, and MEXC. The token debuted at a price of $0.000845 with a total supply of 800 million. Following launch, the price surged to $0.00316, representing a 273% pump. However, it has since come down to $0.001684, down by almost 50% from its peak, according to CoinGecko. Today, on Feb. 14, BeraFi was also listed on WEEX. BeraFi is built on Berachain, a layer 1…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Yesterday, Fed Chair Jay Powell brought back his favorite pandemic-era word: “transitory.” The term, and the Fed’s projections as a whole, didn’t spook investors, surprisingly. Markets initially fared well, but have since pared gains — perhaps a signal that traders are now looking closely at yesterday’s materials. The S&P 500 and Nasdaq Composite closed Wednesday 1.1% and 1.4% higher, respectively. By 2 pm ET on Thursday, however, both indexes were back in the red, trading 0.3% and 0.4% lower, respectively. Median projections show that FOMC members…