Author: NBTC
U.S. stablecoin legislation took another major step on Wednesday as a House of Representatives committee joined Senate counterparts in advancing a bill to be considered by the overall House, bringing stablecoin regulations closer to reality. Eventual approvals in both the overall House and Senate would let lawmakers start melding the two versions into a unified piece of legislation that could get a final nod. Republican lawmakers and President Donald Trump have aimed toward an August goal in getting the effort completed. Though the crypto industry and their most reliable Republican allies in Congress were happy to welcome many Democrats to…
Ethereum (ETH) price is showing early signs of a bullish reversal, holding firm near the $1,800 support level. After rebounding from $1,750, ETH price has printed multiple long-tail bullish candles, indicating strong buying pressure. With whales accumulating over 130,000 ETH in the past 24 hours and Ethereum futures open interest hitting $20.63 Billion, bullish sentiment continues to grow. Furthermore, technical analysis reveals a Wyckoff accumulation pattern, suggesting a breakout above $2,000 could be on the horizon if momentum builds. Ethereum Price Holds $1,800 Amid Bullish Price Action Ethereum price is still in a falling channel and has been trying to…
Failing to sustain the market price at the $88,000 mark, Bitcoin witnesses a quick bearish turnaround on April 2. Closing the day with a downfall of 3.13%, Bitcoin undermines the 3% jump on Tuesday. Currently, BTC trades at a market price of $82,863, with a minor intraday growth of 0.44%. Will the increased volatility result in a quick downswing to the $76,000 mark? Let’s find out. Bitcoin Price Analysis In the daily chart, the BTC price trend surfaces another bullish field as it overcomes the local resistance trendline. This results in a quick bearish turnaround from the 300-day EMI line…
Ripple USD (RLUSD) has been operating for just 106 days and continues to set massive records amid growing adoption. Notably, the new player has crossed the 240 million RLUSD milestone in circulating supply. RLUSD stablecoin pushes to new heights As of press time, CoinMarketCap data shows a total circulating supply of 243,690,000 RLUSD. The ecosystem reached the 240 million mark on March 31, 2025. Notably, the achievement became possible after Ripple initiated a record-breaking minting of 50 million RLUSD tokens in a single day. The massive mint activity saw the surge to current levels. No official communication has explained this…
Ripple CEO Brad Garlinghouse recently released a 4-minute video announcing that Ripple had won its long-standing legal battle against the SEC. The regulatory body decided to drop its appeal, marking the end of over four years of legal disputes. This decision means Ripple no longer faces SEC challenges, giving the company and its supporters a sense of relief. The appeal had been filed in January, following a series of cases where judges ruled in Ripple’s favor. Despite SEC Chairman Gary Gensler’s resignation in January, the agency continued with the appeal, which frustrated Ripple and the broader crypto community. The SEC…
Ether had the worst first quarter in seven years regarding price action. Nevertheless, the Ethereum platform continues to develop as founder Vitalik Buterin introduces a new roadmap to increase the ecosystem’s security and finality. Ethereum killers Platforms copying Ethereum’s functionality while trying to tackle its downsides are usually dubbed “Ethereum killers.” Talks about Ethereum’s death have been so persistent that a special website called Ethereum Obituaries was created. It tracks all the Ethereum “deaths,” ticking at the 133 mark as of press time. 🚨 UPDATE: Ethereum has dropped nearly 35% since Eric Trump recommended buying it two months ago. pic.twitter.com/Pw2IMXQrIb…
Bitcoin continues to hover near the $82,000–$85,000 range as buyers struggle to regain momentum, while key on-chain data hints at interesting underlying dynamics. Technical Analysis By Edris Derakhshi The Daily Chart On the daily timeframe, BTC is attempting to defend the $80K support zone after another rejection from the $88,000 resistance and the 200-day moving average nearby, which now acts as a dynamic barrier. The price remains range-bound between $80,000 and $88,000, with no clear directional resolution yet. The RSI has also pulled back below the midline after failing to break above 60, showing a lack of strong momentum. Buyers…
A U.S. District Judge lifted the stay in Coinbase’s Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance Corporation (FDIC) without waiting for the agency’s response, according to Fox Business journalist Eleanor Terrett. Terrett observed via X that Judge Reyes appeared unhappy with the situation. The judge’s decision resumes the legal process, allowing Coinbase to seek documents it claims the FDIC has withheld. The stay had paused the battle since February when the court hoped for resolution between the two parties without further proceedings. https://twitter.com/EleanorTerrett/status/1907635199497707534 Related: Coinbase Accuses FDIC of Secretly Stifling Crypto Banking Lawsuit Resumes After FDIC…
Key Takeaways An Ethereum whale faced a $106 million liquidation as ETH fell over 10%. Ethereum’s drop was part of a broader crypto market downturn impacting BTC, XRP, BNB, and others. A whale saw a massive amount of their Ethereum — 67,570 units worth around $106 million — liquidated on Maker following a sharp price drop exceeding 10% on Sunday evening, which saw ETH fall from above $1,800 to around $1,500, as reported by Lookonchain. The crypto market has faced renewed selling pressure after showing resilience on Friday amid US stock market declines. Bearish sentiment fueled by President Trump’s aggressive…
The cryptocurrency market has experienced a sharp decline, losing $180 million in value in the last 24 hours, falling 6% to $2.62 trillion. The decline comes in response to sweeping global tariffs announced by US President Donald Trump, which analysts warn could have significant impacts on the crypto industry. The new tariffs, announced on Wednesday, which Trump dubbed “Liberation Day,” target a range of sectors including Chinese goods and European exports. Analysts believe the move could escalate trade tensions and disrupt global markets. Tariffs for the crypto industry present new risks, particularly for blockchain developers, mining operations, and liquidity providers.…