Author: NBTC

Binance, a leading cryptocurrency exchange, reiterated its commitment to rebuilding trust in the crypto industry. Richard Teng, the exchange’s CEO, assured users of this commitment in a post on X, noting that compliance remains pivotal to Binance’s operations. Compliance as core Binance principle, not checkbox Teng says, “Compliance isn’t just a checkbox for us – it’s the foundation of trust.” The Binance CEO restates the exchange’s commitment to following regulatory guidelines not as a formality but as a way to earn public trust. In other words, rather than complying to avoid penalties from the regulatory body, Teng said Binance is…

After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to 123.23 trillion, roughly 52 EH/s have exited the network since April 17. Difficulty Spike and Hashrate Drop Lengthen Block Times Bitcoin’s computational capacity has eased since last Thursday, when it reached 920 EH/s—just shy of the April 8 record of 926 EH/s. Since April 17, when the hashrate was coasting at 920 EH/s, 52 EH/s has departed the network, leaving today’s total at 868 EH/s. This shift coincides with increased mining profitability over the past 24 hours, as the hashprice—or…

After a sharp rise near the end of the weekend, Bitcoin is now at a technical crossroads. While momentum sparked hopes of a trend reversal, the underlying structure tells a more cautious story — one that traders shouldn’t ignore. Bitcoin (BTC) began the week with an impulsive move to the upside, breaking out of a short-term consolidation and sweeping liquidity above recent highs. While this breakout captured attention, the broader structure tells a different story. Despite the rally, Bitcoin has failed to shift the overall trend, which continues to reflect a bearish bias. The recent swing high at $88,465 falls…

With import levies as high as 46% and capital flowing to low-risk Bitcoin exposure via ETFs, miners are confronting a tightening squeeze on both cost and funding fronts. Bitcoin (BTC) miners in the United States are facing two major challenges at once: rising equipment costs due to import tariffs and growing competition from financial products like ETFs, according to a new report by Bitwise. In the report, Bitwise‘s head of research André Dragosch and research analyst Ayush Tripathi, note that with an estimated 40% of global hashrate operated by American mining firms, the industry “is facing levies of 24-46% on…

Imagine your Bitcoin sitting idle like gold bars in a safety deposit box—locked away, secure, and earning nothing. As of April 21, 2025, the price of Bitcoin stood at $86,768, with a market cap of $1.73 trillion, reflecting a 3.1% uptick that day. It’s valuable, it’s safe, but it’s just sitting there, doing nothing—sound familiar? It’s the reality for many investors who HODL without putting their BTC to work. Even mainstream outlets report live Bitcoin price changes and highlight its dominant market share, yet utility remains limited. It’s the undisputed king of crypto, commanding 63% of the $2.75 trillion crypto…

The Federal Open Market Committee (FOMC) is expected to keep short-term interest rates steady at its meeting on May 7 as policymakers remain cautious amid ongoing economic uncertainty and await important data releases. Market indicators are strongly pointing to a pause in interest rate changes. Fixed-income markets are predicting the federal funds rate will remain in the current range of 4.25% to 4.5%, according to the CME FedWatch Tool. Forecast markets Kalshi and Polymarket echo a similar sentiment, giving a roughly 90% probability that the FOMC will hold rates steady in May. But a June rate cut is increasingly likely.…

Bitcoin’s price action continues to draw attention as it briefly surpassed $87,000 in today’s trading session, marking a notable 3.3% increase over the past 24 hours. Though it has since slightly pulled back to around $86,815 at the time of writing, the asset’s gradual recovery since last week appears to be building a foundation for potential upward movement. Analysts now seem to be monitoring technical and on-chain trends as sentiment begins to lean toward a short-term bullish outlook. Particularly, on-chain data platform CryptoQuant has highlighted notable shifts in market behavior, including insights into funding rates, investor positioning, and psychological resistance…

U.S. stocks are taking a beating as ongoing fears over trade relations and attacks on the Fed are weighing on the markets. The ongoing uncertainties over President Donald Trump’s trade war and attacks on the Federal Reserve see investors ditch the U.S. dollar and stocks. The DOW Jones was down 976.23 points or 2.49% by late afternoon since early afternoon, while the S&P 500 fell 2.63% in the same period. The tech-focused Nasdaq index fell even more, down 2.97%. You might also like: ‘Shock’ Fed warning risks crashing Bitcoin, altcoin prices At the same time, the U.S. dollar index was…

The idea of the U.S. government holding XRP as part of a national reserve might sound far-fetched—but it’s a conversation that’s actually gaining traction in parts of the finance and crypto world. The concept gained traction earlier this year following a private meeting involving Ripple executives, including CEO Brad Garlinghouse. At the time, speculation soared, with some industry watchers estimating a 50% chance that XRP could be added to a federal reserve strategy. That probability has since dipped to around 22%, but the conversation remains active. Connor McLaughlin, a wealth manager and digital asset commentator, recently shared his perspective on…

In a surprising development, options linked to bitcoin (BTC) and the euro-dollar (EUR/USD) exchange rate are indicating strength against the U.S. dollar despite a downturn in the U.S. stock market. This trend suggests the “sell America” trade is gathering pace. Currently, bitcoin’s short- and near-dated risk reversals – which measure the demand for call options relative to put options – were slightly positive, indicating a bullish bias. The data, drawn from sources like Deribit and Amberdata, signals a recovery from the previous trend where there was a consistent preference for puts in near-dated options. In parallel, the one-month EUR/USD risk…