Author: NBTC
Bitcoin fluctuates near $80k amid rising bearish sentiment. Will this recovery nullify the double-bottom reversal possibilities? Following Monday’s massive sell-off, global markets are witnessing a quick turnaround, mirroring Bitcoin’s price rebound. After hitting a low of $74,434, the BTC price has experienced a swift bounce-back. With the lower price rejection, Bitcoin reached a 24-hour high of $80,836. However, the struggle continues to sustain the crucial $80,000 mark due to significant overhead supply. Currently, Bitcoin trades at a market value of $79,597, struggling for a double-bottom reversal. Will this bullish struggle lead to a bounce-back above the $82,000 mark? Bitcoin Price…
The price of Bitcoin hovered around $84,000 on Tuesday as the White House fine-tuned its message on tariffs without stoking noticeable market volatility. During a briefing, White House Press Secretary Karline Leavitt said that “relief is being considered” for farmers strained by U.S. President Donald Trump’s trade war, while members of Trump’s cabinet are currently working with 15 nations to “cut these good trade deals.” The price of Bitcoin was recently changing hands around $84,300, showing a 0.6% decrease over the past day, according to crypto data provider CoinGecko. Ethereum dropped 1.8% to $1,600, while Solana, the sixth largest digital…
Gnosis, a prominent platform known for building innovative projects in payments, has shared the details of its working details for March 2025, continuing its journey toward full-stack decentralization. As per the details shared by Gnosis, the firm has authorized GIP-122 as a strategic proposal during March 2025 to sustain Gnosis VPN development in March 2025. The Snapshot vote achieved 98% support from voters who participated before March 12. The approval grants $4.8 million alongside 500 GNO tokens to distribute to the HOPR Association through the next 24 months. https://t.co/KtaaHlTCdJ — Gnosis 🦉 (@GnosisDAO) April 5, 2025 Gnosis VPN possesses the…
As MiCA standardizes crypto regulation across the European Union, many firms are choosing to leave the bloc, merge, or shift operations to more favorable jurisdictions. Europe‘s crypto industry is entering a major shake-up under the new MiCA regime, and as the blockchain forensic firm TRM Labs puts it, not all crypto business — also known as crypto asset service providers or CASPs — will make the transition. In a blog post, the analysts suggested that some firms are expected to shut down, while others are likely to merge in search of scale. MiCA officially came into force on Dec. 31,…
It’s nothing new for crypto games to be derided as “Ponzi schemes”—but some players are using the tag as a positive after a new crypto-earning game quickly surged and then cooled just as rapidly. And they’re looking for the next promising “Ponzi game” to jump into. Abstract-based crypto mining simulation game Bigcoin caught the attention of traders last week, with the token price rising as more and more players bought in and started earning crypto rewards. But after its token crashed 83% on Saturday, according to DEX Screener—and remains down substantially from last week’s peak—some players that enjoyed the wild…
Bitcoin’s computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins. Bitcoin’s network strength reached a new milestone in early April, even as miners ramped up their Bitcoin (BTC) sales to stay afloat. On April 5, the hashrate achieved historic 1 sextillion hashes per second on a daily basis, according to data from BitInfoCharts. Bitcoin miner revenue (monthly) | Source: Newhedge You might also like: Miners win most from the US Strategic Bitcoin Reserve | Opinion But while hashrate climbs, miner revenue remains under pressure. Bitcoin miners’ revenue in March…
Chainlink leads the rankings of the blockchain infrastructure with a market capitalization of $12.7bn and an astonishing 9,962% YTD from a low. Quant demonstrated the highest percentage increase, placing it at 40,549% despite being the lowest valued in the top ten. Other new projects, such as ZKJ, PYTH, and FET, also went up, demonstrating the investors’ growing demand for infrastructure tokens. Chainlink ($LINK) has emerged as the most valuable blockchain infrastructure project, reaching the $12.7 billion FDV, according to data provided by the Top 7 ICO. LINK has risen by an incredible 9,962% from its ATH (all-time low), contributing to…
Markets edged lower Tuesday as investors weighed first-quarter earnings, trade developments, and a dip in Bitcoin, which fell below $84,000. The Dow Jones Industrial Average shed 155 points, or 0.38%, while the S&P 500 and Nasdaq both declined by roughly 0.1%. Bank stocks offered some relief. Bank of America and Citigroup rose over 4% and 2% respectively, after beating earnings expectations. The broader SPDR S&P Bank ETF climbed nearly 2%. Still, the optimism was offset by weakness in other sectors and global uncertainty. Boeing dropped nearly 2% following a Bloomberg report that Chinese regulators told airlines to halt new purchases…
On April 2, President Donald Trump announced a sweeping tariff hike, imposing a universal 10% tariff on all imported goods effective April 5. In an X post, Santiment highlighted several crypto assets to watch during the volatile market, including ADA, ETH, BNB, Solana, RLUSD, and USDT. President Donald Trump’s recent tariff announcements, aimed at countering unfair trade practices and increasing tax revenue, have influenced the cryptocurrency market. These policies have led to notable fluctuations in crypto prices and crypto-related stocks. In response to these developments, various digital assets have been trending due to increased speculation, market activity, and major updates.…
Panama City has approved a measure allowing residents to pay for public services using cryptocurrency. The city council voted to enable payments in Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT) for services like taxes, permits, and fines. A partner bank will convert the crypto to U.S. dollars at the time of payment, complying with legal requirements without passing new legislation. “Prior administrations tried to push a bill in the senate to make this possible, but we found a simple way to do it without new legistlation,” Panama City’s Mayor Mayer Mizrachi posted. “Legally public institutions must receive…