Author: NBTC
Several U.S. lawmakers have warned that President Trump’s crypto dealings and Elon Musk’s unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump’s Crypto Ties and Musk’s Expanding Power Four U.S. senators, including Elizabeth Warren, along with Representative Jamie Raskin, sent a letter to White House Chief of Staff Susie Wiles on March 17, raising concerns over President Donald Trump’s involvement in cryptocurrency and digital assets. The letter, signed by Warren (D-MA), Richard Blumenthal (D-CT), Jeffrey A. Merkley (D-OR), Chris Van Hollen (D-MD), and Raskin (D-MD), highlights Trump’s deepening…
The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan’s rival and Istanbul mayor Ekrem Imamoglu. The currency slumped a record of nearly 41 per U.S. dollar, a 10% slide on the day. The volatility saw a sharp rise in trading volumes in the bitcoin-lira (BTC/TRY) pair on leading cryptocurrency exchange Binance. Imamoglu’s Republican People’s Party (CHP) described the arrest as a coup to replace the will of the people. The party was set to hold a primary election next week, with Imamoglu widely expected to emerge as the…
Cryptocurrency analyst and trader Michaël van de Poppe is outlining two potential paths for Bitcoin (BTC) and altcoins over the coming months. In the first scenario, Van de Poppe tells his 169,000 YouTube subscribers that Bitcoin and altcoins will have “one hell of a year.” According to the analyst, the crypto market will follow the four-year cycle with Bitcoin peaking in the fourth quarter of 2025 while altcoins will have a bullish run in the first quarter of 2026. The four-year cycle is based on Bitcoin halving events when BTC miner rewards get slashed in half, triggering a supply and…
Ethereum’s price is yet to show any willingness to recover, as the market has been moving sideways over the past week. However, the current level can initiate a rebound if the price holds above it. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart ETH’s daily chart remains bearish, with the price struggling to hold above the $1,900 support area after a prolonged downtrend. A breakdown of this level could reinforce further downside, potentially targeting the $1,600 support zone if selling pressure persists. The 200-day moving average remains well above, located around the $2,900 mark, signaling a strong bearish bias.…
After the successful launch of the dollar-pegged RLUSD stablecoin at the start of December, Ripple has been regularly minting millions or at least hundreds of thousands of RLUSD pretty regularly. This week, however, on-chain data trackers have not registered any significant minting activity of Ripple Treasury — the entity in charge of creating new RLUSD coins under Ripple. Meanwhile, traders have been actively using the 50 million RLUSD that are circulating in the market now — the trading volume is 35.66% up over the past 24 hours, according to data shared by CoinMarketCap. The stablecoin currently holds the 552 spot…
Since the election, Ripple has been making progress, but its journey is far from typical. As the SEC v. Ripple case continues, it presents both challenges and opportunities, particularly for the broader cryptocurrency market. The Ripple Effect on Altcoins Ripple has been at the center of attention due to its ongoing legal battle with the SEC. The SEC’s pursuit of Ripple has raised questions about the regulatory treatment of other cryptocurrencies, especially altcoins. While Ripple has borne the brunt of the SEC’s crackdown, its potential victory could set a precedent for other tokens. However, the excitement surrounding Ripple’s legal progress…
It is not every day you see a billion dollars on the move, especially in the form of USDT, but here we are – 1,000,000,000 USDT, to be exact, freshly minted and sent from the Tether Treasury to HTX, the major Asian crypto exchange formerly known as Huobi. The transaction, flagged by Whale Alert, is one of those moments that makes you stop and wonder what is cooking behind the scenes, especially when you consider who is involved and what has been happening lately. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 1,000,000,000 #USDT (1,000,934,000 USD) transferred from…
A closely followed crypto analyst says one key metric indicates Bitcoin (BTC) may have a hard time breaking out anytime soon. In a new thread, crypto trader Justin Bennett tells his 115,800 followers on the social media platform X that the Tether dominance chart (USDT.D) is flashing bearish for Bitcoin. Many traders closely watch the USDT.D chart as it shows how much of the crypto market cap is comprised of the stablecoin USDT. A bullish USDT.D chart is generally considered bearish for Bitcoin and other cryptocurrencies as it indicates traders are unloading their crypto holdings in favor of the stablecoin.…
Ether’s (ETH) structural decline is expected to continue, investment bank Standard Chartered (STAN) said in a research report Monday slashing its 2025 year-end price target for the world’s second largest cryptocurrency. Standard Chartered said it now sees ether at $4,000 at the end of the year, down from $10,000 previously. Ether was trading around $1,903 at publication time. “Ether is at a crossroads,” the report said, and while it “still dominates on several metrics,” this dominance has been falling for some time. Layer 2 blockchains were meant to improve scalability on the Ethereum blockchain, but Standard Chartered estimates that Coinbase’s…
Prominent crypto exchange Bitrue recently took to X to inform the crypto community that significant developments are happening within the XRP ecosystem. “If you pay attention, there’s a lot going on for XRP,” it tweeted. The post quickly gained substantial engagement. It sparked discussions about the developments shaping the XRP landscape, which are even influencing the token’s price. Many users in the comments section are seeking clarification about the ongoing developments for XRP. One commenter even noted that if just half of the anticipated outcomes for XRP come to fruition, those who got in early will look like geniuses. 6…