Author: NBTC
Bitcoin and altcoins were also hit hard in the global sell-off that started with US President Donald Trump’s tariff announcement. While the talk of “Bitcoin’s bull market is over, the bear market has begun” increased after this decline, an optimistic approach came from Messari CEO Eric Turner. Eric Turner argued that despite the sharp declines recently, the bull run in Bitcoin and the crypto market will gain momentum in the third quarter of 2025. Wait for the Third Quarter for the Bull! Speaking at an event recently alongside popular analyst Michael van de Poppe, the Messari CEO said he agreed…
As the crypto market faces increased volatility in the early Wednesday session, all eyes are now on Federal Reserve Chair Jerome Powell’s impending speech and retail sales data for March, released today. Powell is scheduled to speak at the Economic Club of Chicago on Wednesday on his outlook for the U.S. economy. Any clues regarding interest rate changes, inflation control or economic growth might have implications across all financial markets, including cryptocurrencies. If the Fed chair strikes a hawkish tone, signaling higher-for-longer interest rates, risk assets such as cryptocurrencies could face short-term selling pressure. On the other hand, if Powell…
Flare has burned 66 million FLR as part of its plan to wipe out 2.1 billion tokens by January 2026. The burn strategy aims to limit supply, protect community ownership, and attract new users to the Flare ecosystem. Flare Network just burned 66 million FLR tokens, kicking off its plan to wipe out 2.1 billion by January 2026. It’s not only about cutting supply—it’s about keeping the network balanced, fair, and more inviting for new people jumping in. Imagine a market that is flooded with new coins every month; the value of each old coin will naturally decrease. 🔥 Another…
At the start of this month, the price of Bitcoin was at the $82,539 level. Since then, the BTC price has declined by over 3.27%. However, currently, Bitcoin is showing a small sign of recovery as it is slowly inching back to the crucial $80K level. Meanwhile, on-chain indicators suggest panic selling by short-term holders, which some analysts believe is a long-term buying opportunity. With key resistance and support levels now in focus, the market could be on the edge of a major move. Curious to know more. Read on! Bitcoin SOPR Signals Panic Selling – A Bullish Indicator? The…
Crypto market maker DWF Labs has expanded its footprint to the United States with the launch of a new office in New York City. The firm also disclosed a $25 million purchase of governance tokens from World Liberty Financial (WLFI), a DeFi platform inspired by former President Donald J. Trump. The expansion is part of DWF Labs’ broader growth strategy aimed at strengthening institutional relationships, hiring U.S.-based talent, and engaging more directly with regulators and academic institutions. The firm made it clear that they have a deeper commitment to the country’s growing digital asset market. The firm says the move…
Phaver, a once promising decentralized social media platform, has officially ceased operations after its native token SOCIAL fell by over 99% since its Token Generation Event (TGE) in September 2024. The abrupt shutdown erased months of community engagement and developer momentum. Phaver, which aimed to bridge the Lens and Farcaster ecosystems, once had 35,000 daily active users and over 800,000 downloads. At its peak, the app accounted for 50% of all Lens traffic and 20% of Farcaster traffic. DeFi analyst Ignas shared his views on the platform’s collapse, citing a combination of strategic missteps and financial mismanagement: “Yesterday I learned…
Bitcoin’s price action is full of wild swings and significant technical indicators enough to capture the interest of traders. At the time of this writing, Bitcoin continues to trade at $80,010.42 (77,344.88), representing a 3.76% increase over the previous day. Recent price action has determined a struggle between the bulls and bears, with significant indicators signaling future challenges. Will Bitcoin bounce back amid such conditions? Are Technical Indicators Alarming Signals? Tremendous information on Bitcoin’s momentum can be observed from the MACD and RSI. The MACD line at -1002.04 dips below the signal line -1183.90, indicating a bearish crossover in the…
FED Chairman Jerome Powell made interesting statements about the US economy in his speech at the Chicago Economic Club, which was held as planned today. Here’s what Powell said: Current policy is well placed and we will await clearer economic data before considering changing the policy stance. Despite heightened uncertainty and ongoing downside risks, the U.S. economy remains “strong.” Employment is now near its highest level, inflation is just above the 2% target, and inflation has fallen significantly. Economic growth in the first quarter of 2025 may slow compared to stable growth last year. Strong imports in the first quarter…
Token unlocks play a pivotal role in the crypto market, impacting liquidity, price volatility, and investor sentiment. They are events in crypto where locked coins or tokens are released and become available for trading in the open market. This week, three major projects—Axie Infinity (AXS), Jito Labs (JTO), and Xave (XAV)—will release previously locked tokens into circulation. Here’s what you need to know and watch for. 1. Axie Infinity (AXS) Unlock Date: April 12 Number of Tokens to be Unlocked: 10.72 Million AXS (3.97% of Total Supply) Current Circulating Supply: 160.159 Million AXS Total supply: 270 Million AXS Axie Infinity…
Bitwise chief investment officer Matt Hougan says that corporate buying of Bitcoin (BTC) is most likely about to explode. In a new interview with Kyle Chasse on his YouTube channel, Hougan notes that while holding BTC in corporate treasuries is still relatively unorthodox, the same could be said about Bitcoin exchange-traded funds (ETFs) in their early days. Hougan says he sees a theme developing in the adoption of Bitcoin as a corporate reserve asset that parallels the embrace of BTC ETFs. “Let me make an analogy to the ETF space… If you look at institutional asset managers in the crypto…