Author: NBTC
Marc Boiron, CEO of Polygon Labs, expects BTC to reach $250,000, believing that the token’s long-term growth is inevitable despite short-term market volatility. In an interview with Rob Nelson on Roundtable, Boiron explained that Bitcoin scarcity and growing demand will drive the surge of the token’s price. He said: You’ve got this one asset that has this fixed supply, and all you need to figure out is whether demand is going to increase for this asset or not. It’s literally that simple. Marc Boiron Boiron has high expectations for Bitcoin, claiming the token poses less of a threat to investors…
Solana briefly crossed over the $180 threshold after it rose by 4.3%. This is the first time SOL has gone over $180 since its LIBRA-induced slump. On Feb. 21, Solana (SOL) reached a daily high of $180.19. The last time the token reached beyond the $180 threshold was on Feb. 18, right before it plummeted even further below $170. It experienced a brief rebound of 4.3% around 09:30 UTC, but has since retracted slightly to around $178. According to data from crypto.news, Solana has gone up by nearly 3% in the past 24 hours. The token is currently trading hands…
The Office of the Comptroller of the Currency (OCC) has reaffirmed that national banks and federal savings associations can engage in various cryptocurrency activities, including asset custody, stablecoin transactions and participation in distributed ledger networks. With the release of Interpretive Letter 1183, the OCC has removed the requirement for banks to obtain supervisory nonobjection before engaging in these activities, aiming to streamline compliance while maintaining strong risk management standards. Acting Comptroller Rodney E. Hood emphasized that banks must apply the same level of oversight to crypto-related services that they do to traditional banking operations, ensuring a balance between innovation and…
Chun Wang and Wolfgang Albrecht have offloaded millions of LDO, signaling potential price shifts. Large deposits on Binance suggest whale repositioning or profit-taking. Market indicators show consolidation, with traders awaiting the next move. Major LDO transactions have raised concerns among investors in February 2025. Chun Wang and Wolfgang Albrecht executed major sales, influencing the token’s price movements. Their decisions could indicate shifts in whale sentiment, which often lead to increased volatility. Investors are offloading $LDO in the past 24 hours!1/ Chun Wang (@satofishi) sold 300K $LDO for 518K $USDT ~10 hours ago.Since the start of 2025, he has sold 5.8M…
All over the world, countries are coming up with their crypto policies. While some users see these policies as developments that help against the risks in the crypto market, others see them as a way for the government to monitor their activities. According to a Coinbase survey, 56% of crypto users in the United States now know about self-custody solutions, with a 22% rise in non-custodial wallets since 2023. The University of Illinois researchers noted that self-custody wallets hold 35% of the total market supply, up from 25% in 2022. While decentralization remains one of the ethos of the crypto…
A crypto strategist known for making timely Bitcoin calls believes that BTC will print a new all-time high in a couple of months. Pseudonymous analyst Credible Crypto tells his 462,900 followers on the social media platform X that he thinks Bitcoin is trading in a wide range between $110,000 and $88,000. While the analyst believes that Bitcoin’s consolidation will eventually resolve to the upside, he predicts that BTC will first drop to the low $80,000 price range to shake out paper-handed traders before kicking off a parabolic surge. “On the higher time frame for BTC, it would be nice to…
As uncertainty dominated the digital assets landscape in the past week, Hedera demand plummeted significantly. The $17M investor pullback has raised eyebrows about HBAR’s price action in the coming times. The impending selling pressure threatens the key support zone at $0.20. Losing this foothold might trigger a dip towards $0.17 – a nearly 25% dip from current prices of $0.2241. Hedera investors pull over $17M in a week The Hedera ecosystem has seen a substantial investor exodus in the past seven days. Coinglass data shows participants withdrew more than $17 million as bearish sentiments mounted. Source: Coinglass Hedera recorded only…
U.S. crypto firms were heavily vested in President Donald Trump’s reelection in 2024, contributing upwards of $144 million towards his campaign. But “unchecked political spending” poses “profound risks,” according to a report published by the Center for Political Accountability (CPA), a nonprofit promoting transparency in corporate political contributions. The report states that the crypto companies’ “aggressive push for deregulation, combined with opaque and unaccountable political contributions,” has raised “red flags among the regulators.” More importantly, it has “eroded investor confidence and public trust in the long-term viability of these companies.” Crypto firms donated heavily to re-elect Trump, and it’s paying…
El Salvador’s daily Bitcoin purchase strategy appears to have paused, with the last recorded purchase from the nation’s wallet, according to Arkham Intelligence, occurring on Feb. 17. The halt comes as the nation recently secured a $1.4 billion loan agreement with the International Monetary Fund (IMF). The Central American nation currently holds over 6,000 Bitcoin, valued at approximately $586 million at current market prices. President Nayib Bukele had previously implemented a strategy of purchasing one Bitcoin daily, which began in November 2022. In March 2024, Bukele transferred the country’s Bitcoin holdings, then approximately 5,600 Bitcoin worth over $400 million, to…
Bitcoin is showing technical indications of a price recovery as longer-term moving averages are slowly moving forward. The weekly moving average chart is showing that the asset is moving above WMAs, with the 50-week SMA sitting at $74,890 and the 20-week SMA at around $91,070. In the past, BTC has indicated a strong bullish phase when its price levels remain above these indicators. In past bull markets, the 20-week SMA has been a dependable level of support that allowed for additional price growth. The 200-week SMA, which is at $44,580 right now, is still an important macro-level support. Bitcoin has…