Author: NBTC

Bitcoin’s price has recently bounced from a key support level, located just below the 78.6% retracement, which has been a focal point in the last few days. The price formed a local low and attempted a move to the upside. However, the bullish rally is still in its early stages, and the momentum seems too small to be considered a strong trend just yet. Currently, Bitcoin has failed to break the previous swing high from February 3rd, which is around $96,700. For the bulls to show strength, a break above this level is essential. While this move up could be…

Ethereum, the second-largest cryptocurrency by market capitalization, is currently showcasing a pattern that could indicate a significant future price movement. Traders and analysts closely monitor its price behavior as it consolidates within a descending triangle, a classic chart pattern known for forecasting price breakouts. #Ethereum $ETH is consolidating within a descending triangle. Once a breakout occurs, it could trigger an 18% price move! pic.twitter.com/7SaTLWqe0x — Ali (@ali_charts) March 10, 2025 According to Crypto Analyst Ali Martinez,A descending triangle pattern is formed when the price of an asset makes lower highs and consistent lows, converging into a triangle. This pattern is…

The role of stablecoins is expanding beyond the crypto market and attracting attention from traditional financial institutions. Meanwhile, new regulations from Europe and the US could make stablecoins more useful in the real world. However, these regulations also pose challenges for stablecoin issuers like Tether and Circle. Currently, Tether’s USDT and Circle’s USDC dominate the stablecoin market capitalization, but many experts believe this could change in the future. Expert Questions the Sustainability of Tether and Circle’s Business Model Under New Regulations A recent PitchBook report revealed that the top 10 stablecoins have a total market capitalization of approximately $220 billion—up…

Amid ongoing debates about the decentralization of the XRP Ledger (XRPL), Ripple CTO David Schwartz recently weighed in with an intriguing perspective that challenges critics’ misconceptions. An X user had claimed that Ripple maintains a central axis of control over the XRPL. In response, Schwartz offered a thought-provoking hypothetical to demonstrate Ripple’s approach to governance and impact on the XRP Ledger. Consider any realistic hypothetical: Some large contingent of XRPL users and developers want to add privacy features to XRPL that Ripple thinks will harm its business interests. What will happen? Do you think you know because I don’t. —…

After years in which crypto insiders desperately sought to get the attention of the U.S. Congress, the pro-digital-assets witnesses at the latest congressional hearing on stablecoins include a senior executive from the Bank of New York Mellon Corp. and a Davis Polk & Wardwell lawyer who spent his career representing Wall Street. As congressional momentum rises toward support for crypto legislation in this session, representatives of the traditional financial system are putting its foot on the scales to help tip the balance toward stablecoin regulations. At the House Financial Services Committee hearing on Tuesday, lawyer Randy Guynn argued that the…

Imagine a world where your digital identity is truly your own, where every post, connection, and interaction isn’t locked within the walls of a corporate platform but exists as an extension of your personal autonomy. This isn’t a utopian vision, it’s the necessary evolution of social media in an era where digital sovereignty is a fundamental right. For decades, we have unknowingly traded our digital independence for the convenience of centralized platforms. Facebook, Twitter, Instagram, these platforms have shaped our digital lives, yet they function more like gilded cages. Every post we create, every relationship we cultivate, every conversation we…

Bitcoin investment platform River revealed in research that Bitcoin ownership had changed in 2024. The firm noted that the largest holders of BTC include Satoshi Nakamoto, companies like Strategy (ex. MicroStrategy), Tesla, BlackRock, “Bitcoin Whales,” and governments. River reported that four Bitcoin addresses contained 100,000 to 1,000,000 BTC for a total of 704,497 bitcoins. They were followed by 93 large owners with 10,000 to 1000,000 BTC for a total of 2,287,472 bitcoins. The aforementioned addresses accounted for about 14% of the total supply of Bitcoin. Exchanges also held at least 12% of the supply on behalf of clients. Bitcoin ownership…

Aave has launched MiCA-compliant EURC stablecoin on Base, enabling users to use it as collateral for lending and borrowing. The decentralized lending and borrowing platform Aave (AAVE) has launched Circle’s EURC (EURC) stablecoin on Base layer 2 blockchain. With EURC on Aave’s Base market, users can now borrow EURC or use it as collateral to take out other loans on the platform. This addition expands the options for Aave users in terms of borrowing and leveraging their assets beyond USD-pegged stablecoins available on the platform, namely USD Coin (USDC), Dai (DAI), and Tether (USDT). . This development represents a part…

Ethereum price failed to clear the $2,120 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,000 resistance. Ethereum started a fresh decline below the key support at $2,000. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $1,880 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $1,880 and $1,950 resistance levels to start a decent increase. Ethereum Price Dips Further Ethereum price started a fresh decline from the $2,120 resistance, like Bitcoin. ETH declined below…

SafeMoon’s powering token, SFM, soared during the Asian session on Wednesday. It followed reports that the Web 3 platform plans to revitalize its community by airdropping its new tokens to existing holders. Recently, Safemoon revealed plans to launch a new meme coin on the Solana blockchain, following the burn of trillions of tokens across Ethereum, Polygon, and Binance Smart Chain. SFM Soars Amid Safemoon Airdrop and New Token Launch Plans BeInCrypto reported on Safemoon’s transition to full community control and plans to launch a Solana-based meme coin for its holders. The network aims to streamline supply and enhance value. The…