Author: NBTC
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On March 6, Donald Trump signed an executive order establishing the Strategic Bitcoin Reserve — part of the roadmap to making the US the “crypto capital of the world,” announced by then President-Elect months ago. The plan for a “digital Fort Knox” was finally set to become reality. You might also like: The United States is focused on tokenized certificates of deposit | Opinion Yet, its ultimate iteration missed the key component most cherished by the market:…
Tether’s strategic advisor Gabor Gurbacs has taken to his X account to discuss the prospects Bitcoin may have in the next few years. He has shared his bullish opinion with the community, drawing parallels to another popular safe haven asset – gold. card Bitcoin may add trillions of dollars, Gurbacs hints Gurbacs reminded the crypto community that during the past 3 years, gold’s market capitalization has increased by $10 trillion and now it stands at $21.173 trillion in total. Back in 2023, it equalled $14.66 trillion. Referring to his earlier forecasts about the potential gold market cap growth made a…
Dubai government represented by the Dubai Land Department has commenced its foray into fractional ownership using tokenization of the real estate registry in collaboration with Dubai Virtual Asset Regulatory Authority (VARA) who will be setting advanced governance systems. The agreements will enable a broader base of investors to enter Dubai’s real estate asset market. This aligns with Dubai Real Estate Strategy 2033 that seeks to grow real estate transaction volume to $272 billion. Dubai Land Department recently launched its real estate tokenization pilot The agreement comes weeks after Dubai Land Department launched its real estate tokenization project. The Dubai Land…
Early Shiba Inu investors would have made a massive profit of more than $7 billion if they had invested a minimum of $5,000 in SHIB. As top crypto assets like Shiba Inu continue to witness huge downturns, many investors–especially those who entered the market after the 2021 bull market–are wondering what their fate might have been if they had benefited from SHIB’s historic surge. Stories about Shiba Inu’s historic surge in the 2020/2021 market cycle have traveled far and wide across the financial world. Many investors have used the story to encourage newcomers to focus on long-term gains instead of…
Bitcoin fell 5% to $82,200 on Thursday amid a broad market selloff triggered by President Donald Trump’s announcement of new global tariffs, according to CoinGecko data. Trump announced on Wednesday a sweeping set of tariffs in response to what he described as a national emergency caused by large and persistent US trade deficits. The executive order imposes a minimum 10% tariff on all imported goods from every country, set to take effect on April 5. For nations with which the US has significant trade deficits, higher tariffs will apply starting April 9. China will face a 34% tariff, the European…
As the crypto market prepares for turbulence amid the tariff wars, the NFT market seems to be in a worse position. Trading volumes are declining and marketplaces shutting down. The once-hyped world of non-fungible tokens, which analysts once boldly projected could balloon to over $264 billion by 2032, now seems to be limping along. Weekly trading volumes have been falling like dominoes for weeks, scaring off capital and dragging the market back to levels not seen since its explosive 2020 debut. Art NFTs yearly trading volume and sales count | Source: DappRadar Blockchain analytics firm DappRadar shows that trading volumes…
While on the campaign trail, Donald Trump appeared like a dream for cryptocurrency investors, promising that if he is re-elected, the U.S. will become one of the world’s most friendly countries regarding digital assets. The promises were seemingly taken at face value, as the election victory generated a powerful rally with the discussion of when the government would start accumulating cryptocurrencies, per the strategic reserve promises, coming to great prominence. The reality of the new administration proved quite different, and instead of the Federal Government increasing its digital assets holdings, the value of what was already owned dropped significantly. Specifically,…
Dogecoin (DOGE) is showing resilience on the market as the bearish trend for Bitcoin and altcoins is mildly showing up. Dogecoin’s price was changing hands for $0.1695, down by 2.11% in the past 24 hours. Despite this downturn, the Dogecoin trading volume on top centralized crypto trading platforms like Binance signals a potential rebound ahead. Dogecoin volume on Binance Per data from CoinMarketCap, two Dogecoin trading pairs on Binance, including DOGE/USDT and DOGE/FDUSD, have shown a massive rebound. While the DOGE/USDT pair’s volume has skyrocketed by 10.64% to $122,181,081, that of DOGE/FDUSD has rallied 21.57% to $247,642,042. Combined, these volumes…
Ethereum has experienced a challenging month and a half, with its price nearing a 17-month low at $1,802 at the time of writing. Despite this ongoing downtrend, which nearly sent ETH into a bear market, key investors have remained optimistic. As Ethereum approaches these significant levels, many market participants believe that a price rebound could be on the horizon. Ethereum Investors Capitalize On Low Prices Ethereum’s supply on exchanges has dropped to a six-month low, indicating that investors are increasingly holding their assets off the market. This drop in exchange supply is often seen as a bullish sign because it…
The leading digital asset fell sharply after Trump’s Wednesday tariff announcement and has since been languishing below $82K. BTC Dives as Trump’s Tariffs Roil Markets President Donald Trump announced aggressive new U.S. tariffs on more than 100 countries on Wednesday afternoon, sending bitcoin ( BTC) plunging to $81K from yesterday’s high of more than $88K. The cryptocurrency’s price swung between $81,786.22 and $88,466.96 over the past day and is currently trading at $81,888.94 down 4.15% in the last 24 hours and 5.06% over the past week. ( BTC price / Trading View) Overview of Market Metrics Bitcoin’s trading volume surged…