Author: NBTC
As the liquidation in the crypto market soars to $1.47 billion, Bitcoin records a massive liquidation of $630 million. Bitcoin price has marked a 24-hour low at $86,314, creating its second consecutive extremely bearish candle. With a downfall of nearly 10%, Bitcoin nears the 200-day EMA line. Will the extended downfall result in a plunge near the $75,000 mark? Bitcoin Price Tests Key EMA Levels In the daily chart, the BTC price trend showcases a bearish reversal under the influence of local support or local resistance trendline. A downfall has breezed under the 50- and 100-day EMA lines and is…
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), formerly MicroStrategy, is the largest issuer of U.S. convertible bonds in 2025, according to their recent post on X. “Strategy is the largest convertible bond issuer again in 2025. Year to date, we represent 30% of the U.S. convertible market, powered by Bitcoin”. Year-to-date, the company has issued $2 billion in convertible bonds. For context, the total U.S. convertible debt market currently stands at approximately $280 billion, according to an X post by btc_overflow. In Strategy’s post, it shows their six convertible debt offerings outstanding with…
As the practice of sniping gains notoriety among memecoin traders, various kinds of anti-sniping software have advertised safeguards as a way to attract buyers. Last week, memecoin BadCoin (BADAI) advertised the anti-sniping capabilities of Gra.fun that would supposedly help set its launch apart. Unfortunately, the nascent software categorized even regular traders as snipers and disallowed their selling privileges, leading to a nearly immediate crash from the lucky few who could eject themselves from the project. Sniping is a Wall Street term for brokers who executed orders at advantageous prices before competitors. The term evoked the image of a concealed marksman…
On Wednesday, the U.S. Senate passed a resolution to overturn an Internal Revenue Service rule requiring brokers to report gross proceeds from digital asset sales, delivering a significant victory for President Donald Trump’s administration and crypto industry advocates. The measure, introduced under the Congressional Review Act, passed in a 70-28 vote, with Republicans largely united against the rule and many Democrats crossing the aisle in support. It’s “absolutely mind-blowing” how many Democrats were willing to overturn a rule issued in the Biden Administration, Kristin Smith, CEO of the Blockchain Association, a Washington-based crypto lobbying group, told Decrypt. The resolution now…
Holding 0.01 BTC could yield massive portfolio upsides if Bitcoin hits $13 million per coin, as Strategy (MicroStrategy) chairman Michael Saylor predicted. Bitcoin’s price has surged extensively over the years, rewarding investors who have steadfastly held onto their bags. The pioneering cryptocurrency started off from less than $1 and rallied to an all-time high of $109,000 last month. While buying 1 BTC could prove a herculean task for average investors following its current price, holding a fraction of the asset could still be rewarding. This article paints the picture of how much 0.01 BTC could be worth if Bitcoin hits…
Peter Schiff, the long-time Bitcoin skeptic and vocal gold supporter, surprised the financial community by admitting a case could be made for a U.S. Bitcoin reserve. Schiff’s surprise comments have added fire to an already furious debate about the federal government’s role in digital assets as the White House gears up for its March 7 crypto summit. Although still skeptical of most cryptocurrencies, Schiff compared Bitcoin’s addition to U.S. reserves with the country’s gold holdings, a rare shift in his skeptical attitude. Trump sparks controversy with crypto reserve blunder as Schiff softens on Bitcoin The pending White House Crypto Summit…
Blockchain technology is powerful but has a fundamental limitation: it cannot access real-world data on its own. Smart contracts, essential to many blockchains and decentralized finance applications, rely on external data to function. This is where “oracle networks” like Chainlink come in. Oracles enable smart contracts to securely pull data from a wide range of information sources, instead of relying on a single provider. Over 14 blockchain ecosystems are compatible with Chainlink, including Ethereum, Avalanche, Polygon, and BNB Chain. Through these integrations, over 1,600 projects are using Chainlink’s technology as of 2025. Chainlink co-founder Sergey Nazarov has been outspoken about…
Iris Ramaya Au, the ex-girlfriend of crypto entrepreneur Adam Iza, who went by the alias “The Godfather,” has agreed to plead guilty to federal tax charges. In a plea filed Tuesday, Au, 35, admitted to failing to report over $2.6 million in “ill-gotten gains” derived from her ex-boyfriend’s sprawling criminal operations. Au now faces up to three years in federal prison for her role in facilitating Iza’s fraudulent activities, as per the U.S. Attorney’s Office of Central District of California’s statement. From 2020 to 2023, Au used shell companies and illicitly obtained funds to finance a lavish lifestyle alongside Iza,…
Crypto traders are buying bitcoin (BTC) on Kraken, one of the 10 biggest cryptocurrency exchanges, as the price slides to a three-month low, Alexia Theodorou, head of derivatives told CoinDesk. BTC dropped under $88,000 shortly before publication as Nasdaq futures pointed to continued risk aversion on Wall Street and the yen, a haven during times of turmoil, held strong against the U.S. dollar and growth-sensitive commodity currencies like the Australian dollar. The BTC decline follows a $1 billion increase in open futures position on Binance late Monday, most likely due to traders taking shorts in anticipation of a deeper price…
President Donald Trump is set to announce a significant shift in crypto policy, including plans for a crypto strategic reserve, at Friday’s White House crypto summit, U.S. Secretary of Commerce Howard Lutnick reportedly said. While bitcoin (BTC) is expected to receive special status, Lutnick mentioned that other coins will also be positively regarded. However, the market appears to be pricing in minimal expectations for altcoins, as evidenced by the lackluster price movements of XRP, SOL, and ADA—the coins Trump identified on Sunday as part of the reserve. BTC has bounced to $91,000 to trade 4.5% short of Sunday’s high of…