Author: NBTC
Bitcoin (BTC) price is showing renewed strength as it continues to push higher through key resistance levels. The price action confirms a breakout pattern that mirrors previous major rallies. Bitcoin price is trading above $94,000, supported by strong spot buying and rising institutional interest. Bitcoin Price Breaks Key Levels as Volume and Structure Support Bullish Case The Bitcoin price action has shown a series of higher lows and higher highs since the beginning of April. Trading volumes have risen steadily after each consolidation, indicating growing demand from both retail and institutional participants. A connecting bullish trend line is visible with…
Some Dogecoin (DOGE) community members are unhappy with one of its greatest supporters, Elon Musk. These community members have expressed concern and frustration over suspending Dogecoin-related accounts on X, a platform Musk owns. Account suspensions stir tensions in Dogecoin circles In a post by @BackToTheDoge, which was posted in reply to a call for support, the user highlighted how X has cracked down on community accounts supporting Dogecoin. He noted that the social media platform X, which Musk oversees, has suspended several accounts. According to BackToTheDoge, Musk and the X platform unjustly suspend users for using the Dogecoin name in…
Prediction marketplace Kalshi continues to broaden its crypto on-ramp, now enabling users to fund their accounts using Solana (SOL) after adding support for Bitcoin deposits, the company announced on X on Friday. The CFTC-regulated exchange and prediction market, which lets users trade on the outcomes of real-world events, initially accepted only USD Coin (USDC) for crypto deposits. However, it has expanded its crypto deposit options to include Bitcoin deposits via the native Bitcoin network since early April. Crypto deposits on Kalshi are facilitated through a partnership with Zero Hash, which handles the transaction process to ensure security and regulatory compliance.…
Bitcoin price resumed its upward trend this week as it crossed the important resistance at $97,000 and reached its highest level since February. Bitcoin (BTC) was trading around $96,500 at last check Saturday. That’s up 30% from the lowest in April. This article looks at some of the top three reasons it may surge to a new all-time high this year. Bitcoin supply in exchanges is falling The first main bullish aspect is that the supply of Bitcoin on exchanges has tumbled to 1.42 million, the lowest level in over six years. There are now 1.42 million coins on centralized…
Movement Labs, the scandal-plagued crypto startup backed by Donald Trump’s World Liberty Financial, quietly promised large stakes of its token to early insiders—undisclosed deals that now raise fresh questions about who really holds power behind the scenes. Even before its token launch, Movement Labs committed large portions of MOVE’s supply to a handful of early advisers — arrangements that were never disclosed to investors and only surfaced through internal documents reviewed by CoinDesk. Two business memos obtained by CoinDesk — one promising a single adviser nearly $2 million a year — show how Movement, founded in 2023 by two 20-year-old…
Binance (BNB), the world’s biggest cryptocurrency exchange by trading volume and user count, has launched a time-limited promo campaign on USD1, one of the largest stablecoins. All withdrawals of USD1 on BNB Smart Chain (BSC) will be fee-free. Binance (BNB) lifts fees on USD1 withdrawals According to the official statement by Binance (BNB) top crypto exchange, today, May 23, 2025, the unique stablecoin promo campaign kicks off. Fee-free withdrawals? Yes, please.Starting now, enjoy zero fees on USD1 withdrawals via BNB Smart Chain. https://t.co/hZM83Bx1JP — Binance (@binance) May 23, 2025 All of Binance’s (BNB) product users are now able to withdraw…
Strategy Executive Chairman Michael Saylor has called Berkshire Hathaway, the renowned investment firm helmed by the legendary Warren Buffett, the Bitcoin of the 20th century. Berkshire Hathaway is 20th Century Bitcoin. — Michael Saylor (@saylor) May 3, 2025 Saylor made the statement on May 3, the same day as Berkshire Hathaway’s annual shareholder meeting in Nebraska. Shortly afterwards, Buffett announced he planned to step down as CEO by year’s end, passing the torch to Vice Chairman Greg Abel. “I think the time has arrived where Greg should become the chief executive officer of the company at year-end,” Buffett said at…
While a new memecoin emerges every day in the cryptocurrency market, the memecoin named LAUNCHCOIN has been attracting attention recently. While LAUNCHCOIN’s rise of over 7,000% earned millions of dollars to its investors, Lookonchain also shared the story of a whale. According to Lookonchain’s post, a mysterious crypto investor turned his $8,191 LAUNCHOIN investment into more than $4 million in 22 days, making an incredible 500x return. Lookonchain said that this investor suddenly withdrew 68.8 SOL from Binance 22 days ago after four months of inactivity and spent 54 SOL (about $8,191) to purchase 14.62 million LAUNCHCOIN when its market…
On May 12, PumpFun, a popular Solana-based memecoin launchpad, rolled out a creator revenue sharing model that redistributes 50% of the trading fees from its decentralized exchange, PumpSwap, to token creators. This move aims to shift the dynamics of the memecoin ecosystem. But as the dust settles, the community’s mixed reactions and underlying concerns raise questions about the model’s long-term impact. How the Revenue Sharing Model Works The structure is straightforward. Creators earn 0.05% in SOL for every trade on their token, meaning $10 million in trading volume translates to $5,000 for the creator. This applies to newly created tokens,…
The price of Bitcoin has started the month of May with a similar bullish impetus as in the final weeks of April, making a push for the psychologically relevant $100,000 level. With the premier cryptocurrency seemingly back on the bullish track, a prominent crypto analyst has emerged with a warning of sorts for BTC investors extremely optimistic about the coin’s future trajectory. BTC Price Could Continue Upward Movement If Support Holds In a May 2 post on the X platform, crypto platform Burak Kesmeci has put forward an interesting outlook on the current Bitcoin setup, identifying a price level that…