Author: NBTC
Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October 2021, and has seen the team grow from roughly 15 to 85 people in the span of three and a half years. Forster worked a decade in the Canadian energy sector before coming to bitcoin mining, which is one of the reasons why he’ll be speaking about the future of mining in…
Bitcoin (BTC) appears to be on the brink of a massive rally that could see the asset establish its price above $150,000 if a rare and powerful historical setup plays out. According to an analysis by prominent online cryptocurrency analyst TradingShot, the maiden digital asset is replicating a technical pattern that has preceded every major bull run. This time, it’s occurring for the second time within the same cycle, a first in the asset’s history. In a TradingView post on April 11, the analyst stated that the key driver of this projected rally is the Global Liquidity Cycle Indicator, which…
Ethereum tests the $1,500 support zone with the risk of dropping further. The next key support level for Ethereum lies at $1,000. RSI signals Ethereum is nearing oversold conditions but further decline is possible. Ethereum bears are now testing the most crucial supporting level of $1,500, and technical analysis suggests that if this support fails, the cryptocurrency can slide down, potentially towards $1,000. Anup Dhungana pointed out that the price movement of Ethereum is forming a bearish pattern as it enters this critical support zone. Ethereum’s Relative Strength Index (RSI) is near oversold conditions, which could indicate a coming reversal.…
Tokenization of funds is booming, but their rapid rise comes with serious risks that investors should not overlook, credit agency Moody’s Ratings said in a Wednesday report. Several major financial institutions, including BlackRock and Franklin Templeton, have made their mark in the world of tokenization and inspired others to follow the latest trend. For example, tokenized money market funds grew roughly 350% in a year to a market capitalization of $5.2 billion, per rwa.xyz data. “When assessing tokenized funds, investors have to weigh not only the benefits of accessibility and transparency, but also the risks tied to the underlying technology,…
Big news from the SEC—Acting Chair Mark Uyeda has asked the team to take a fresh look at how the government is currently handling crypto risks and regulations. This comes as part of an effort to align with Executive Order 14192, which focuses on cutting red tape and making regulations more business-friendly. One of the first targets is the 2019 Framework for Investment Contract Analysis of Digital Assets. This document was based on a 2018 speech by former SEC official Bill Hinman, where he suggested that whether a crypto token is considered a security depends more on how centralized the…
Big things are happening at the White House this Monday, April 14, as President Donald Trump is set to host El Salvador’s President Nayib Bukele for an official visit—a meeting that could bring two pro-Bitcoin leaders closer. Since both leaders support Bitcoin, could this meeting boost BTC’s price with a big announcement? U.S.–El Salvador Meeting President Bukele will be the first leader from the Western Hemisphere to visit Trump at the White House during his current term. The meeting comes at a tense time, as the U.S. is placing high tariffs on many countries, creating global economic pressure. Several nations…
The escalating tariff tensions between the US and China have led to increased risks of high inflation and recession expectations. As the tariff war continues and people wonder whether the FED will cut interest rates in May, Minneapolis FED President Neel Kashkari explained how tariffs affect the FED’s decision and the inflation situation. Kashkari said the Fed is less likely to cut interest rates in the face of tariffs, given the inflationary effects of tariffs. Kashkari called President Donald Trump’s tariff decision “much higher and broader than expected.” The Fed official added that he predicted the tariffs would reduce investment…
Changpeng Zhao, a co-founder of the world’s largest cryptocurrency exchange Binance and its former chief executive officer, has dropped a $1-million Bitcoin price prediction, joining a cohort of other crypto influencers who believe that BTC is able to skyrocket that high. He stated that during a freshly published interview in Pakistan where CZ was recently appointed as the strategic crypto advisor for the Pakistan Crypto Council (PCC). Bitcoin will hit $1 million, CZ believes Talking to the Bilal bin Saqib, the CEO of the Pakistan Crypto Council, CZ touched on many important subjects – cryptocurrency regulation, what influence crypto has…
The US Treasury will re-evaluate regulations that may be hindering innovation in blockchain, stablecoins, and emerging payment technologies, said Treasury Secretary Scott Bessent at the American Bankers Association conference on Wednesday. 🇺🇸 JUST IN: Treasury Secretary Scott Bessent says the US government is reviewing “regulatory barriers to blockchain, stablecoins, and emerging payment systems.” pic.twitter.com/G0dctlPSIC — Crypto Briefing (@Crypto_Briefing) April 9, 2025 The review potentially leads to removal or modification of the current measures as part of the Trump administration’s ongoing efforts to encourage innovation, investment, and competitiveness, especially in fintech and crypto-related areas. “We will take a close look at…
Blockchain firm Ripple believes the United Kingdom can become a leader in the crypto sector. The company executives shared this view at the recently organized UK Digital Assets Summit in partnership with Innovate Finance and the UK Centre for Blockchain Technology. According to Ripple Europe Policy Director Mathew Osborne, who wrote about the event, the UK already has the advantage of being one of the top financial services centers globally with expertise in various areas. Thus, the country only needs to enact the right regulations. Osborne noted that other jurisdictions, such as the European Union, Hong Kong, and Singapore, have…