Author: NBTC
Are Trump’s Policies Dragging the US into a Recession? Billionaire Investor, Trump’s Old Friend, Reveals
Billionaire investor Marc Lasry has expressed concerns that the economic uncertainty caused by President Donald Trump’s policies, especially tariffs, is halting investment and could push the United States into recession. Speaking at the Credit Opportunities Symposium held at New York University on Friday, the Avenue Capital Group co-founder highlighted the risks of market unpredictability. “The problem for markets is when they don’t know what to do,” Lasry said. “An economy can’t survive like that. It slows everything down and can send the economy into recession.” Lasry acknowledged that the economy remains strong, but he noted that uncertainty about the direction…
Crypto airdrops have become lucrative opportunities for the community, offering a chance to earn rewards with minimal or no initial investment. This week, the third one in February, three notable airdrops offer interested farmers an opportunity to be a part of interactive communities while they are still on the ground floor stage. BOOST Lottery BOOST Lottery is among the hottest crypto airdrops this week. It is a global online lottery that integrates blockchain technology with gamification elements. The BOOST token powers the platform, which runs atop the Elysium blockchain. Key features of BOOST Lottery include custom tickets, NFT BOOSTERS, and…
Lawmakers in South Dakota have halted a legislative effort that would have allowed the state to invest in Bitcoin. The decision came during a February 24 meeting of the House Commerce and Energy Committee, where a majority of lawmakers voted to defer House Bill 1202 (HB 1202) to the 41st day of the legislative session. Since the state’s legislative session does not exceed 40 days, the move effectively killed the bill in its current form. Bitcoin Reserves Explained Bitcoin reserves have gained traction as governments consider digital assets for financial security. A Bitcoin reserve refers to holding Bitcoin as part…
Cryptocurrency exchange Bybit has announced that it is delisting the altcoins EVERY, GG, CUSD, BUBBLE, TAVA, PLANET, and IRL. The exchange will remove trading pairs associated with these tokens and stop supporting them as assets. The reason for the delisting decision was not stated in the statement, but BUBBLE, GG, EVERY, PLANET and IRL tokens have very low market values despite being listed for a long time and have suffered huge declines so far. EVERY/USDT, GG/USDT, CUSD/USDT, BUBBLE/USDT, TAVA/USDT, PLANET/USDT and IRL/USDT trading pairs will be removed from Bybit’s Spot platform on March 21, 2025 at 11:00 UTC. All open…
The Bitcoin network hashrate rose 2 exashashes per second (EH/s) in the first two weeks of March, to an average of 811 EH/s, Wall Street bank JPMorgan (JPM) said in a research report Monday. JPMorgan noted that U.S.-listed miners maintained their share of the network hashrate at around 30%. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. The “average bitcoin price declined ~10%, pressuring mining economics in the period,” analysts Reginald Smith and Charles Pearce wrote. The…
The Senate of Texas will hold a public hearing to discuss the creation of a state reserve in Bitcoin. However, according to analysts, without an immediate investment plan, the move could have a limited impact on the markets. Let’s see all the details in this article. Texas: the decisions of the Federal Reserve on the reserve remain the main factor influencing the trajectory of Bitcoin The role of the Federal Reserve and global tensions Texas: the decisions of the Federal Reserve on the reserve remain the main factor influencing the trajectory of Bitcoin Texas is preparing to discuss the creation…
Trump-backed World Liberty Financial buys AVAX and MNT for $4M as total portfolio losses reach $118M
World Liberty Financial (WLFI), the DeFi project backed by the Trump family, on Saturday purchased $2 million each of Avalanche (AVAX) and Mantle (MNT) tokens, while its total portfolio continues to show substantial losses. According to data tracked by Arkham Intelligence, the entity acquired 103,911 AVAX tokens and 2.45 million MNT tokens after a purchase of 541,783 SEI on Thursday. WLFI’s investment portfolio now includes 11 digital assets, including Ethereum, Wrapped Bitcoin, Tron, Chainlink, Aave, ENA, MOVE, ONDO, SEI, AVAX, and MNT. As analyzed by Lookonchain, the crypto venture has invested approximately $343 million in these holdings and is currently…
Shiba Inu is evolving past its meme coin roots, when its lead developer Shytoshi Kusama announced that SHIB declared independence a year ago and has been working to become a self-sustaining network state. Going beyond just the metaverse, the upcoming launch of the Shib Operating System (Shib OS) aims to turn the project into a decentralized powerhouse with stronger privacy, better interoperability, and more flexibility. Kusama hinted at major announcements, including a bigger SHIB Metaverse, coming soon, though he kept the details under wraps. But he did point out on the long game; not just quick wins, as Shiba Inu’s…
An Argentine lawyer has requested an Interpol Red Notice against Hayden Davis, the co-creator of LIBRA. According to a March 12 report from local media outlet Página 12, attorney Gregorio Dalbon, known for having represented former Argentine president Cristina Fernández de Kirchner, filed the request with prosecutor Eduardo Taiano and Judge María Servini. For those unaware, an Interpol Red Notice is essentially a global alert requesting law enforcement agencies worldwide to locate and provisionally arrest someone. Similar notices have been asked for in high-profile crypto cases, including for Terraform Labs’ Do Kwon. In court documents, Dalbon reasoned that Davis played…
Global crypto exchange KuCoin is listing PAWS, offering a new trading pair (PAWS/USDT) on its spot trading platform. Trading begins at 10:00 UTC on Tuesday, March 18, 2025. Deposits are already open via the Solana SPL network. Withdrawals will be available starting at 10:00 UTC on March 19, 2025. According to the announcement, KuCoin will also support automated trading strategies for PAWS, including Spot Grid, Infinity Grid, and AI-based strategies. What Trading Features Will Be Available? KuCoin has scheduled a call auction period from 09:00 to 10:00 UTC on March 18, 2025, before spot trading officially begins at 10:00 UTC.…