Author: NBTC
As the total crypto market plunges back to $3.09 trillion, a downfall in Bitcoin shakes the crypto market. Bitcoin registered a drop of 1.76% yesterday, creating a bearish engulfing candle. This puts immense pressure over the altcoin segment and hampers the breakout chances in multiple coins. Currently, Bitcoin is sustaining dominance above its $95,000 support and hints at a potential comeback, despite the short-term bearish signals. BTC Price Analysis Reveals Critical Support Trendline Breakdown In the daily chart, the BTC price trend has created a bearish engulfing candle, undermining Monday’s recovery of 1.03%. As the BTC price fails to sustain…
Decenralized USD (USDD), a stablecoin introduced by Tron’s Justin Sun in 2022, approaches the $200 million milestone in net staking volume. The asset also targets the top 100 cryptocurrencies by market cap and already challenges some stablecoin heavyweights. USDD hits important staking milestone, Justin Sun says Decentralized USD (USDD), a Tron-based stablecoin pegged to the U.S. Dollar, hit the $170 million milestone in net staking volume. It means that over 23% of its total circulating supply is locked in staking dashboards as of February 2025. USDD has already surpassed $170 million in staking—$200 million isn’t far away! 👏 pic.twitter.com/ryZYIKfQIt —…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. When Ripple CEO Brad Garlinghouse shared on the Digital Asset Summit stage that the SEC plans to drop its appeal against Ripple, attendees in North Javits’ main auditorium gave a standing ovation. The SEC’s appeal was one of the remaining major legal cases against a crypto player after the revamped securities regulator dismissed its suit against Coinbase and ended probes into other segment firms. It was “a painful journey,” Garlinghouse noted, spurred by an agency “trying to bully” companies in the segment. “As we said then…I…
Binance is planning on launching trading support for the new native asset of a decentralized network focused on secure data storage. Binance Launchpool, which lets users stake coins to farm new assets, says its 65th project will be Nillion (NIL), a secure computation network that decentralizes trust for high-value and private data. Explains the project, “Nillion is Humanity’s First Blind Computer – a whole new category of decentralized network designed for AI and the future of the Internet. Nillion makes new applications possible by providing storage and computation on high-value, encrypted data without ever seeing it. Whether a user, an…
Not very much is happening these days on the cryptocurrency market as fear, greed, uncertainty and doubt took over and it seems that no concrete direction in which the prices on digital assets tend to lean is here yet. However, the lack of action in the quotes does not mean the absence of activity at all. Thus, things are still happening behind the scenes of the market, in particular in the on-chain realm. This is at least true for popular meme-inspired cryptocurrency Shiba Inu (SHIB), which as matter of fact is still the second biggest meme coin on the market.…
Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. authorities to forfeit $23 million in crypto assets in connection with market manipulation charges. Andriunin’s involvement with Gotbit’s operations caused financial “harm to dispersed market participants” who bought crypto “at fraudulently inflated prices,” court documents cited by Law360 show. The 26-year-old founder of market-making firm Gotbit was extradited to the U.S. in late February after being arrested in Portugal four months earlier. The letter details a plea agreement communicated to both the court and defense counsel outlining provisions allowing either party to withdraw if the court rejects any element.…
Tom Duff Gordon, Coinbase VP, stated that the worries about stablecoin usage for illicit purposes in Brazil can be handled differently, in ways that do not hamper adoption and without affecting users that leverage these assets for their operations. Coinbase Criticizes Stablecoin Regulation in Brazil, Offers Alternatives Coinbase, one of the powerhouses of the cryptocurrency industry, has criticized an upcoming regulation that would hinder the use of stablecoins in Brazil. Tom Duff Gordon, Coinbase VP, praised the central bank’s openness in asking for consultation before executing such measures but criticized the reach of such a proposal, that would affect the…
As Bitcoin returns to $95K amid a bearish hiccup, will BTC bulls regain control to reinstate an uptrend? After a quick pullback of 2.74% in Bitcoin prices over the past 24 hours, BTC has returned to trading at $95,500. Currently taking support at the psychological level of $95,000, this sudden pullback has resulted in market liquidations exceeding $200 million. With Bitcoin back at the $95,000 crossroads, concerns of a major crash are resurfacing on the charts. Will the BTC price fail to hold its bullish momentum, or is this the ideal time to buy the dip? Bitcoin Price Analysis Reveals…
In an X post, Franklin Templeton announced that its Franklin OnChain US Government Money Fund (FOBXX) is now live on the Solana network. The asset manager highlighted Solana’s speed, security, and censorship-resistance, promoting global adoption through its open infrastructure. Fund Available On Multiple Networks This move reflects the growing interest of major financial companies in cryptocurrency-based products, strengthening Solana’s position as a key digital asset. FOBXX, which aims to maintain a stable $1 share price like a stablecoin, the fund is already available on the Ethereum, Base, Polygon, Avalanche, Aptos, and Arbitrum networks. Its first blockchain integration was with Stellar,…
Cardano founder Charles Hoskinson celebrates the end of the SEC’s pursuit of enforcement against Ripple. Under President Donald Trump’s administration, things have taken a sharp turn for the crypto industry in the United States, with regulatory wins coming hard and fast. In the latest instance, the years-long legal warfare between the Securities and Exchange Commission and Ripple appears to be at an end, at least from the perspective of the regulator pursuing enforcement. The development has sparked celebratory cheers and pats on the back among supporters, including Cardano founder Charles Hoskinson. “A Great Victory for Crypto” On Wednesday, March 19,…