Author: NBTC
President Donald Trump’s announcement of a U.S. Crypto Strategic Reserve, with cryptocurrencies such as XRP, Solana (SOL), and Cardano (ADA), has drawn sharp criticism from Bitcoin advocates and financial experts. While making the announcement, the President said the Crypto Strategic Reserve is meant to strengthen the crypto industry, which he claims was weakened under the previous administration. Upon announcement, XRP, SOL, and ADA steamed to impressive price pulls, which triggered direct market reciprocations. XRP is up 37%, SOL has increased by 23%, and ADA has soared 68%. Bitcoin Advocates are not happy with the reserve’s composition Samson Mow wrote on…
Not all pullbacks are created equal, and Litecoin (LTC) is proving that today. As the cryptocurrency market just survived another round of massive and very painful corrections and billions worth of liquidations, the price of Bitcoin (BTC) lost almost 10% and fell as low as $85,000. Alternative cryptocurrencies, including Litecoin, were not spared and experienced an even more severe decline during these days. However, as the dust settled and assets began to recover a bit, the price of Bitcoin recovered 3.93%, bringing it back to $89,400. Meanwhile, Litecoin saw a recovery of nearly 20%, going from a low of $106…
John Bollinger is not buying into the bear market panic just yet. The man behind the well-known Bollinger Bands indicator, a tool many traders swear by, recently shared his take on Bitcoin’s latest price drop. His message? Hold off on calling it a bear market – at least for now. Bitcoin has been on a rough ride. Crashing down to $85,000, dragging altcoins with it, it has left many on the market rattled. The Fear and Greed Index is down to 29, a level of fear we have not seen since September 2024. The narrative is shifting, with traders whispering…
Approximately $5 billion in bitcoin (BTC) options contracts are set to expire on Deribit this Friday at 08:00 UTC, adding to an already volatile crypto market. Bitcoin’s prolonged consolidation had kept Deribit’s volatility index (DVOL) in a downward trend throughout 2025. However, after bitcoin’s sharp decline, DVOL spiked to 52 before retreating back below 50—signaling a temporary surge in market uncertainty. The recent price drop below $90,000 has left a majority of options out-of-the-money (OTM) and traders facing significant unrealized losses. An option allows the holder the right, but not the obligation, to buy or sell an underlying asset at…
The crypto market’s total market cap saw a massive $330 billion surge in just four hours after president Donald Trump announced plans for a US Crypto Reserve that would include Bitcoin, Ethereum, Solana, XRP, and Cardano on Sunday. The news sent the bears packing, liquidating $160 million in Bitcoin shorts in the process, per data from Coinglass. In his announcement, which was made via Truth Social as usual, president Trump said: “My Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure…
Animoca Brands, a leading branding and investment firm in digital property, is joining the MultiversX ecosystem as a contributor. The move has been well-received by the market, pushing MultiversX’s core token EGLD upwards, despite an overall bearish crypto market. As announced on February 26, Animoca Brands is now a MultiversX “validator and ecosystem contributor.” With that, the firm aims to “leverage synergies between MultiversX and us, its blockchain network including development tools such as Sovereign Chains, and our 540+ portfolio companies.” “Animoca Brands is thrilled to be a validator and contributor for MultiversX,” Yat Siu, co-founder and executive chairman of…
Galaxy Girl Interactive (GGI) has made an important Web3 gaming announcement by forming a strategic association with Shrapnel, which uses Avalanche as its platform for a first-person shooter (FPS). GGI’s advanced gaming ecosystem allows both companies to develop blockchain-powered gaming that establishes new standards for player-focused immersive gameplay. 🚀 GGI x Shrapnel: Forging the Next Era of Web3 Gaming GGI partners with @playSHRAPNEL, the Avalanche-based FPS redefining blockchain gaming! Powered by GGI’s ecosystem — this partnership will drive immersive, player-centric experiences.🍻 Together, we are setting up a new… pic.twitter.com/Fzwbi116NH — Yeeha Games (@YeehaGames) March 3, 2025 A New Era for…
Bitcoin could fall to $75,000 in the short term, according to crypto pundit Raoul Pal. Still, he believes this potential drop does not matter. Pal expressed this view in what appears to be a teaser for a coming Real Vision episode featuring Julien Bittel, Head of Macro Research at Global Macro Investor. “People see this chart; they worry about the fact that it shows that Bitcoin comes down to $75,000, but what we proved is, last time around this happened, Bitcoin went down quickly and then recovered. And so, it didn’t matter,” Pal stressed in the clip. While the “last…
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the International Monetary Fund (IMF) approves a $1.4 billion credit facility for El Salvador, Brazil states it will spearhead the development of BRICS-native payment systems, and the Brazilian CBDC hits a potential privacy roadblock. Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador The International Monetary Fund (IMF) has finally greenlighted a deal that was informally approved last year, granting the Salvadorean government a $1.4 billion credit facility. The arrangement seeks to…
The IOTA Gas station solution is set to bring customizable feeless transactions to the network. IOTA is improving its ecosystem to generate rich experiences for users. IOTA, a popular decentralized blockchain infrastructure, is set to support gas-free transactions on its mainnet with the introduction of “the IOTA Gas Station.” This functionality opens a new era in the IOTA ecosystem, enabling seamless Decentralized Applications (dApps) experiences for users. IOTA Unveils ‘IOTA Gas Station’ in Alpha IOTA’s co-founder Dominik Schiener brought the community’s attention to the recent project in an X post. The IOTA Gas Station is an open-source project, fully compatible…