Author: NBTC

Bitcoin (BTC) continues to pause as weak on-chain activity dampens investor sentiment, while gold remains on an upward trajectory ahead of the all-important U.S. nonfarm payrolls report. Gold Rises, Bitcoin Continues to Fall Ahead of Key US Employment Report Despite Bitcoin recovering from the recent drop, it has struggled to maintain momentum above $100,000. Analysts at CryptoQuant estimate BTC’s fair value to be between $48,000 and $95,000, suggesting the asset may be overvalued at its current price level of $97,000. In addition, Bitcoin’s Network Activity Index has fallen by 15% since November, reaching 3,760 points, its lowest level in more…

Bpifrance, one of France’s most powerful and influential state-backed institutions, announced Thursday it will invest up to €25 million (approximately $27 million) in digital assets to support the country’s blockchain sector. The bank will not build a strategic Bitcoin reserve, but will focus on supporting crypto businesses with a strong French presence. Its target areas are DeFi, physical networks, tokenization, (re)staking, layer 1, 2, and 3 protocols, AI, and identity certification. Despite the $27 million fund being small compared to the total $2.9 trillion crypto market cap, Bpifrance’s move signals a strategic effort to bolster the French crypto ecosystem. According…

Stellar (XLM) has recorded significant investor interest within the last 24 hours, and the asset looks set to take on AVAX. According to CoinMarketCap data, the trading volume of XLM has soared by 24% within the time under consideration. XLM gains momentum amid AVAX struggles This 24% surge has taken XLM’s trading volume to $343.46 million. Analysts say XLM’s trading volume could help trigger a shift in the asset’s price movement. As of this writing, XLM is changing hands at $0.3318, representing a 1.81% decline. However, the increased investor interest could reverse its downward journey and push it to higher…

The Securities and Exchange Commission (SEC) dropped its longstanding case against Ripple Labs last week, at least that’s what we are led to believe. Brad Garlinghouse, the chief executive officer (CEO) of Ripple Labs broke the news in a March 19 X post. “This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.” As notable as the drop has been, readers should remember that XRP has added roughly $100 billion to its market cap over the past 365 days. In…

The ETH price continues to slide below $2,300 support which indicates it could move to $1,850 and potentially reach $1,300 when the selling pressure fails to ease. RSI shows 43.45 while MACD signals market sell-offs may continue without a bullish trend development. ETH requires a price rise above $2,300 to $2,700 resistance to establish bullish conditions but failing to do so will extend bearish price movements. The Ethereum coin (ETH) remains under downward pressure because recent market activities indicate an extended bearish period. The current chart analysis shows ETH crossing below a key support zone which reinforces investor and trader…

While gold hits a record price at $2,848 per ounce, more and more financial experts and professionals voice their preference for Bitcoin over gold. In a commentary to Livewire Markets, CEO and founder of the Nasdaq-listed tech company IREN Daniel Roberts said Bitcoin needs to reach at least a $900,000 price to reach gold in terms of market cap, and it will by 2030. Table of Contents Roberts’ prediction Bitcoin vs gold Roberts’ prediction Daniel Roberts is no stranger to cryptocurrency. His company, IREN, is an Aussie enterprise providing data centers using renewable energy for Bitcoin mining, powering AI, and…

Shares of GameStop (GME), the embattled video game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced it will add bitcoin (BTC) as a treasury reserve asset. GME fell to just above $21 during the session, trading at its lowest price since October and down over 28% from its Wednesday peak of nearly $30. The price action happened after the company unveiled plans late Wednesday for a $1.3 billion, 0% convertible note offering to raise money for its BTC acquisition plan. After an initial wave of euphoria among…

Sei Blockchain has been showing explosive growth, surpassing expectations with its $730 million Total Value Locked (TVL) and claiming the 12 spot by daily active addresses in January 2025. This surge, coupled with its position as the blockchain with the lowest transaction fees, places Sei among the top contenders in the blockchain space as it continues to expand. Sei’s Growth: TVL Hits $730M in Just Six Months Sei Blockchain achieved a remarkable growth in its Total Value Locked (TVL), reaching $730 million as of January 2025 during its six-month period. The USD valuation of Total Value Locked shows substantial growth,…

Germany’s Social Democratic Party (SPD) wants to abolish the country’s one-year crypto-holding tax exemptions and replace them with a capital income tax of 30% on all crypto profits. That’s according to a published excerpt of coalition negotiations between the SPD, the Christian Democratic Union (CDU), and the Christian Social Union (CSU). On taxation of capital income, the SPD claimed, “We are increasing the withholding tax rate on private capital income to 30 percent. We are taxing income from cryptocurrencies as capital income.” Educational crypto platform Blocktrainer claims the proposed change is “a planned flat-rate tax of 30% on all crypto…

Retail sentiment toward Ethereum (ETH) remains weak, but analysts suggest that a significant breakout could be on the horizon. Despite Ethereum’s sluggish price action, multiple on-chain indicators and technical patterns hint at an impending bullish reversal. Ethereum Retail Sentiment At Low Amid Sluggish Price Action According to cryptocurrency analyst Mister Crypto, retail interest in ETH is “extremely low,” as indicated by Google Trends data. Compared to its 2017 and 2021 peaks, Ethereum’s current sentiment ranks significantly lower, suggesting that many retail investors are sitting on the sidelines. Historically, low retail sentiment often signals a prime buying opportunity for institutional investors…