Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
American financier Anthony Scaramucci has suggested that the price of Bitcoin, the leading cryptocurrency, could potentially surge to $500,000 due to excessive government spending in the US. Scaramucci, a frequent critic of the current administration, believes that the Department of Government Efficiency (DOGE) has erased the “illusion” of the government being able to cut $2 trillion. Earlier today, Bloomberg published an op-ed by columnist Justin Fox, which argues that the DOGE did not manage to reduce government spending. In fact, it kept growing up despite a string of layoffs and other cutbacks. On Wednesday, it was reported that Trump would…
Ethereum price started a fresh increase above the $2,520 zone. ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,565 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the…
Europe’s largest asset manager is sounding alarms as U.S.-regulated stablecoins surge, threatening to erode dollar dominance and destabilize global money flows at massive scale. US Dollar’s Global Role Challenged by Surge in Regulated Stablecoins A sweeping shift in global financial dynamics could be triggered by the U.S. push to regulate dollar-backed stablecoins, prompting fears of monetary destabilization worldwide. Amundi, Europe’s largest asset manager with over €2 trillion ($2.36 trillion) in assets under management, raised concerns on July 3 that the U.S. Senate’s recent passage of the GENIUS Act—a bill establishing oversight for U.S.-dollar-pegged crypto tokens—could significantly reshape global money flows.…
A crypto expert, Jesse from Apex Crypto Consulting, recently discussed the Ripple vs. SEC lawsuit. After spending over 9,000 hours researching Ripple and the global financial system, Jesse shared his thoughts and said the lawsuit might not be what it seems. According to Jesse, the legal battle between Ripple and the SEC is more like a carefully planned show. He feels it’s being used to control XRP’s price and allow Ripple to quietly build strong partnerships around the world. Jesse explained that in his view, Ripple isn’t just an ordinary crypto company and it is closely connected to powerful global…
Are you ready to explore new frontiers in the dynamic world of cryptocurrency trading? Get set for a significant development that could reshape your portfolio strategy. Crypto exchange giant Binance has made a pivotal announcement: the listing of the Binance LPT JPY spot trading pair. This new addition is set to go live on July 10 at 08:00 UTC, opening up exciting possibilities for traders worldwide, especially those looking to engage with the Japanese Yen market. This move underscores Binance’s continuous effort to expand its offerings and cater to a diverse global user base. What is Livepeer (LPT) and Why…
Bitcoin has experienced a massive rally over the past month, marking a new all-time high (ATH) at $111,980. This significant price surge has raised questions about the sustainability of Bitcoin’s momentum moving into June. While some investors are optimistic about further gains, others are wondering if the price will cool down or if Bitcoin holders will take a more cautious path. Bitcoin Investors Acquire Heavily Bitcoin’s market sentiment is currently driven by strong accumulation. The balance on exchanges has dropped by 66,975 BTC, worth over $7.2 billion, indicating that investors are moving their holdings off exchanges and into private wallets.…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.10% today against the US Dollar Ethereum is currently trading 7.30% below our prediction on Jul 11, 2025 Ethereum gained 3.90% in the last month and is down -15.76% since 1 year ago ETH price is expected to rise by 9.45% in…
Last week, the US markets were seen reaching new historical highs almost every day, and there was a very enthusiastic atmosphere in the markets. While asset management companies’ increasing optimism about US stocks is drawing attention, there are warnings that this excitement could lead to overly concentrated positions and cause sharp fluctuations, especially in the event of a negative development. The most important of these risks is Donald Trump’s customs tax review process, which will end on July 9. Next week, markets are expected to have a quieter data calendar, but markets will be closely monitoring the Fed’s monetary policy…
With 60 million users, Pi Network seeks visionary allies as it prepares for a major announcement at Consensus 2025, one of blockchain’s biggest stages. However, the PI community’s tensions simmer amid price drops and access limitations. Pi Network Community Calls For Visionary Partnerships In a May 8 post on X (Twitter), the Pi Core Team indicated plans for a major ecosystem reveal on Wednesday, May 14. “A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next,” they wrote. This long-awaited reveal will clarify Pi Network’s next moves ahead of its anticipated Open…
China, which has come to the fore with its harsh bans on Bitcoin (BTC) and cryptocurrencies, has issued a new warning. Accordingly, the Shenzhen government of China said in an official statement that cryptocurrencies and stablecoins have recently attracted widespread interest and warned investors against possible fraud cases. The Shenzhen Office of the Special Task Force for Prevention and Control of Illegal Financial Activities issued a warning titled “Beware of the Risks of Illegal Fundraising in the Name of Stablecoins and Other Instruments.” The statement noted that recently, stablecoins and cryptocurrencies have received widespread attention from the market and that…