Author: NBTC
Ethereum has entered a consolidation phase after a short-term recovery, with the price stalling below key resistance levels. Yet, considering market sentiment, the asset could be on the verge of a deeper decline. Technical Analysis By Edris Derakhshi The Daily Chart ETH’s daily chart shows that the price is still struggling to break above the $2,200 resistance zone. The recovery from the $1,800 low has lost momentum, and ETH continues to trade well below the 200-day moving average, which sits near $2,900. The RSI is also cooling off just under the 50 level, reflecting a lack of strong trend direction.…
Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy volatility and equipment costs. Bitmine Scales Mining Operations 3x via Soluna-Luxor Partnership Soluna Holdings and Luxor Technology Corporation have enabled Bitmine Immersion Technologies to triple its bitcoin ( BTC) mining capacity through a turnkey model combining renewable energy infrastructure, financial hedging, and operational optimization, according to a case study released this week. Bitmine, which specializes in immersion-cooled bitcoin mining rigs, sought to scale its hashrate while avoiding pitfalls like energy price spikes, equipment…
COMBO has recently announced its groundbreaking partnership with ElizaOS, revolutionizing an innovative AI-driven BNB Chain and gaming infrastructure. With this collaboration, the future of AI and Web3 gaming aims to approach the highest point. This advanced synergy is set to improve the efficiency of gaming development. It further strives to maximize in-game economies while enhancing the Web3 ecosystem and artificial intelligence (AI). This advancement is poised to redefine the world of blockchain gaming. The future of AI + Web3 games begins here.The integration of @elizaOS and COMBO marks a new chapter for AI-powered Web3 gaming.By building a robust Game AI…
Trump Bitcoin Plus ETF: A New Entry into Crypto Investments Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced its plans to launch a Bitcoin Plus ETF. This move signifies the company’s foray into the cryptocurrency investment sector, potentially making Bitcoin more accessible to traditional investors. Unlike standard Bitcoin ETFs that solely track Bitcoin’s price, the ‘Plus’ in Bitcoin Plus ETF suggests a diversified approach. This may involve additional assets such as other cryptocurrencies, blockchain-related stocks, or derivatives aimed at optimizing returns while managing risk. Regulatory Challenges and Approval Process The launch of TMTG’s Bitcoin…
Robinhood launched a slew of new services for Gold members, which could further blur the lines between fiat and crypto. Gold, the trading app’s premium subscription, costs $5 a month or $50 a year, with 4% interest on uninvested cash and higher thresholds for instant deposits. At a presentation in San Francisco on Wednesday, the company unveiled Robinhood Strategies, which aims to deliver “tailor, expert-managed portfolios” driven by a team that collectively have over 50 years of Wall Street experience serving institutional and high-net-worth investors. Meanwhile, Robinhood Banking will deliver access to traditional checking and savings accounts, tickets to exclusive…
Many a cryptocurrency trader spotted the opportunities presented by new or struggling digital assets, thus turning modest sums of money into veritable fortunes within mere days and, sometimes, hours throughout 2024. In the small hours of February 7, 2025, one such investor saw and took an opportunity to bet on a new token – Berachain (BERA) – collapsing in value soon after its launch, thus reversing a common theme of many traders being left ‘holding the bag’ after the often brief and violent post-listing rally. Specifically, the short trader used approximately 1.6 million USDC stablecoin to bet against BERA on…
The top crypto holder among top South Korean officials is Kim Hye-young, a member of the Seoul Metropolitan Council, who holds crypto worth 1.7 billion won ($1.2 million) This revelation comes as South Korea releases its crypto asset report for the second consecutive year, showing that senior government officials collectively hold 14.42 billion won ($9.83 million) in digital assets. An asset disclosure report published by the Ethics Committee for government officials on March 27, 2025, showed 411 (20.1%) out of 2,047 officials owned cryptocurrency. Notably, two out of 10 high-ranking public officials held virtual assets and the average holding per person…
Remittance app Abound raised $14 million in a seed round following investment from crypto heavyweights Circle Ventures and the Near Foundation. The app aims to be a financial bridge between non-resident Indians (NRIs) and India, and has processed $150 million worth of remittances with about 500,000 monthly active users. Abound is incubated by the digital arm of the Times of India Group, one of the country’s largest news agencies. “Indians in America have a unique financial reality — one that spans two countries, two economies, and two currencies. Yet, the financial services available today weren’t designed for their needs,” said…
Injective proposes launching the first on-chain S&P 500 Index, integrating traditional finance with decentralized markets through perpetual trading. The governance vote on Injective’s S&P 500 Index proposal will determine its approval, potentially revolutionizing blockchain-based access to stock indices. Injective has submitted a governance proposal to launch the world’s first on-chain S&P 500 Index. If approved, the launch will take place this coming Monday, representing a significant step toward the merger of decentralized and traditional finance. Injective has deployed a brand new governance proposal to launch the first ever on-chain S&P 500 Index. If approved, the release will occur on Monday,…
A new draft Income Tax Bill presented by India’s Finance Minister Nirmala Sitharaman proposes sweeping powers for tax authorities to access citizens’ digital lives—including emails, social media communications, and financial accounts. A stated focus of this expanded reach is tracking cryptocurrency transactions to combat financial misconduct. BREAKING: 🇮🇳FM Nirmala Sitaraman on New Income Tax Bill, allows tax authorities to access your emails, social media, bank transactions, and trading accounts.Crypto-Specific Investigations-> WhatsApp messages helped track ₹90 crore in crypto assets and identify involved… pic.twitter.com/BxRFjPVOtA — Kashif Raza (@simplykashif) March 26, 2025 New Bill Expands Tax Authority Reach into Digital Space India’s…