Author: NBTC
U.S. Commerce Secretary Howard Lutnick has indicated that President Trump might roll back tariffs on Canadian and Mexican goods as early as tomorrow. This follows a day of intense negotiations with both nations, suggesting a potential compromise in U.S. trade policy. The move could scale back some of the recently imposed 25% tariffs. Right away, the largest tech stock ETF rose nearly 1% in late trading, and index futures bounced back from their lows. These remarks came right after the U.S. stock market faced sharp declines for the second day, driven by fears that Trump’s tough trade policies could spark…
Deribit’s options market for Solana’s SOL token has become active, with whales engaging in bearish bets as the token’s price continues to decline ahead of an impending multi-billion dollar unlock. Last week, SOL block trades totaling $32.39 million in notional value crossed the tape on Deribit, representing nearly 25% of the total options activity of $130.74 million. The remainder of the activity comprised screen trades, according to Amberdata. That’s the second-highest proportion of block trades to total activity on record. A “block trade” in options refers to a significant, privately negotiated options transaction between two parties involving a large number…
On Friday, the US District Court for the Eastern District of New York dismissed the Securities and Exchange Commission’s (SEC) lawsuit against Richard Heart and his projects HEX, Pulsechain, and PulseX, because the regulator failed to establish legal jurisdiction over the globe-trotting millionaire. With that high-profile lawsuit out of the way, many fans are concerned about his next battle: Europol. The transnational police collective Europol still lists Richard Schueler (his real last name) on its website of Europe’s Most Wanted Fugitives. European law enforcement alleges two reasons for his listing. First, they allege that Heart committed personal and business tax…
Crypto never sleeps, but you do. And that’s a problem if you want to ride every market wave successfully. One second, you’re making coffee; the next, the market flips, and you miss the perfect trade. Manual trading can be stressful, emotional, and exhausting. That’s where AI trading bots come in. They watch the market, execute smart moves, and stick to the plan, so you don’t have to. It is time to learn more about them. This guide details the different AI trading bot offering on Bitget, a top centralized exchange. Here’s what to know. In this guide: What are AI…
Bitcoin price started a fresh decline below the $95,000 support. BTC must stay above the $90,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $98,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a short-term triangle forming with resistance at $92,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to stay above the $90,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay above the $96,500 level and started a…
Ethereum surpasses $2,300 and targets a $2,500 breakout as WLFI acquires $10M worth of ETH. Will this recovery drive ETH back to $3,000? Ethereum is back above $2,300 with a 6% jump in the past 24 hours as Bitcoin surpasses the $92,000 mark. With the gradual recovery in the crypto market sentiment, altcoins are gradually gaining momentum. The total crypto market cap excluding Bitcoin has reached $1.14 trillion, marking a near 2% intraday recovery. Currently, ETH registers an intraday recovery of 3.42% and teases a retest of the $2,500 psychological mark. Ethereum Eyes $2,500 as Next Price Target On the…
Bitwise’s executives have criticized the U.S. crypto reserve’s inclusion of ETH, XRP, SOL, and ADA, arguing bitcoin alone is a true reserve asset. Bitwise Reacts to Trump’s Crypto Reserve—Did Altcoins Just Weaken the Plan? Many leaders in the cryptocurrency industry, including executives at asset management firm Bitwise, have voiced their opinions on the U.S. crypto reserve that President Donald Trump announced on March 2. The reserve will include major cryptocurrencies beyond bitcoin (BTC), including ethereum (ETH), XRP, solana (SOL), and cardano (ADA). Hunter Horsley, CEO of Bitwise Asset Management, weighed in on the decision, expressing surprise that the reserve would…
Crypto airdrop farmers have five confirmed valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors. Hub.xyz, OG Labs, Sentient, Monad, and Succint make for the top five crypto airdrops for the last week of February. Hub.xyz Decentralized Web3 social platform Hub.xyz confirmed its crypto airdrop, focusing on community engagement through AI training. The platform connects creators with brands through AI-powered solutions, leveraging artificial intelligence to analyze audience interactions and content trends. The airdrop rewards users for active participation in training the platform’s AI agents through social interactions on X (Twitter). Participants earn IQ Points based on…
As the smoke clears on its own newly dropped enforcement case, Coinbase is demanding the U.S. Securities and Exchange Commission cough up a record of its spending on investigations and actions against the wider industry in recent years The biggest U.S. crypto exchange is filing a Freedom of Information Act request — using its contractor History Associates Inc. — to obtain internal agency accounting for the expense of its enforcement campaign involving digital assets businesses. The document seeks total costs for investigations and enforcement actions in the past four years; a listing of targeted companies; the numbers of employees and…
According to a social media post by FTX payee representative Sunil, Kraken has begun notifying FTX users via email about the next round of FTX payout distributions scheduled for May 30, 2025. The upcoming distribution will cover claims under and above $50,000, marking a significant step in the ongoing repayment process for creditors affected by the FTX collapse. Creditors have been waiting for clarity on compensation since the exchange’s collapse in November 2022. Previous distributions primarily addressed smaller claims, while larger claimants faced delays due to legal and administrative processes. With Kraken confirming the May 30 timeline, creditors may finally…