Author: NBTC
As Donald Trump becomes the 47th president, his entry into the cryptocurrency space through meme tokens marks an unprecedented intersection of political power and digital assets. At Washington’s Capital One Arena, where Tesla CEO Elon Musk delivered inauguration remarks, few could have predicted the market turbulence unleashed by the launch of two presidential meme coins. Understanding Meme Coins Meme coins typically draw inspiration from internet culture and trends, deriving value primarily from community engagement and social media buzz rather than utility. The recent case of “Hawk Tuah girl” Haliey Welch’s token, which saw its market capitalization plummet from $500 million…
Former Trump Plaza executive Jack O’Donnell has expressed concern over President Donald Trump’s involvement with cryptocurrencies, calling it a potential threat to national security. Speaking to CNN’s Erin Burnett and author of the book Trumped The Inside Story of the Real Donald Trump, O’Donnell warned that Trump’s crypto initiatives could harm investors and be misused by foreign entities to gain influence. The new President recently launched the TRUMP memecoin. O’Donnell compared Trump’s cryptocurrency push to the junk bond sale that sent many small investors into financial distress in the 1990s. “Crypto memecoins are incredibly volatile,” O’Donnell said, adding, “They’re going…
Crypto Analyst Says Bitcoin Parabolic Trend in ‘Strong Health,’ Unveils Timeline for End of BTC Bull Market
Analyst and trader Kevin Svenson believes Bitcoin (BTC) will print new all-time highs in 2025 as a key trend remains intact. In a new strategy session, Svenson tells his 81,800 YouTube subscribers that Bitcoin’s parabolic trend indicates the flagship crypto asset may surge to at least $124,000 before June, correct for a few months, then have one final explosive move in late 2025. “The Bitcoin parabolic trend [on the weekly chart] is in strong health. It’s very healthy. Look at it. The weekly’s going back to the green. It looks like a nice hammer candle is being printed right here……
Cryptocurrencies have transformed the financial landscape, captivating tech enthusiasts, investors, and regulators worldwide. However, as digital assets gain prominence, critical questions arise about the role of financial literacy and cognitive biases in shaping investment behaviours. Empirical evidence underscores that financial literacy significantly influences financial stability by enhancing individual decision-making. People with higher financial literacy make prudent choices, such as budgeting effectively, saving for emergencies, and understanding borrowing costs. Conversely, low financial literacy often leads to poor decisions, over-indebtedness, and susceptibility to distorted expectations, amplifying systemic risks. Why does financial literacy play a pivotal role in the cryptocurrency ecosystem? The inherent…
Chainlink’s decentralized oracle boosts smart contract complexity, linking blockchain with real-world data for evolving use cases. Polkadot’s parachains enable seamless blockchain interoperability, making decentralized web development accessible and efficient. Stellar accelerates global financial transactions with low fees, bridging gaps for underserved regions in a borderless economy. Explore Chainlink’s smart contract integration, Polkadot’s multichain network, Stellar’s rapid global payments, and Algorand’s scalable dApps platform. Chainlink(LINK) Decentralized Oracle Network Current price:$25.16 Market cap:$16.05B Chainlink (LINK) a decentralized oracle network, and its development, which started in 2017, captures how smart contracts relate to outside computing resources. This new development allows smart contracts to…
Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following U.S. Lead The recent emergence of a crypto-friendly government in the United States is likely to prompt regulators across Africa to establish rules for the sector, according to Chris Maurice, CEO of the Africa-focused digital asset platform Yellow Card. Maurice stated that the shift in attitude from both regulators and traditional banks gives his company confidence about the future of crypto on the continent. The Yellow Card CEO made these…
BlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game. While MicroStrategy’s entire identity revolves around amassing Bitcoin like it’s Pokémon cards, BlackRock takes a more measured, institutional approach. Robert Mitchnick, BlackRock’s head of digital assets, spelled it out clearly: “It’s not BlackRock hoarding Bitcoin; it’s about providing access to a broad pool of investors.” MicroStrategy, led by Michael Saylor, currently holds 450,000 Bitcoin. That’s more than 2% of all Bitcoin in circulation. They’ve spent $62,503 per Bitcoin on average, translating to…
The cryptocurrency market is bracing for a significant week as investors anticipate the Federal Reserve’s next meeting and key inflation data. The markets are bracing for a busy week as the Fed prepares to make its next monetary policy decision at its January meeting on Wednesday. However, traders are pricing in a more than 99% chance that the Fed might keep interest rates steady, according to the CME Group’s FedWatch tool. At its December meeting, the Fed projected only two interest rate reductions in 2025. Along with the Fed meeting, the release of new inflation data will be widely monitored.…
Former Binance CEO Changpeng Zhao (CZ) has addressed rumors about creating a meme coin tied to his name. This comes following the meteoric rise of the TRUMP meme coin, which reached a staggering $75 billion fully diluted valuation (FDV) just one day after launch. Taking to X (formerly Twitter), CZ humorously denied any plans to launch a meme coin. He quipped that “a few other country leaders might be considering it,” given the ease with which TRUMP achieved its $75 billion cap. TRUMP Token’s Market Activity Reaches New Heights The TRUMP token has seen a 25% increase over the past…
Jan 24 (Reuters) – The companies behind the crypto exchanges Kraken and Blockchain.com have joined the dozens of corporations and wealthy individuals that have hired the President Trump-tied lobbying firm Ballard Partners since November’s elections, records show. Founded by lobbyist and Donald Trump fundraiser Brian Ballard, the firm has drawn scrutiny in recent weeks for potentially creating ethical conflicts in the new administration after Trump tapped two of its former partners, Susie Wiles and Pam Bondi, for key positions. Both Payward Inc., which is Kraken’s legal name, and Blockchain (US) Inc., part of the Blockchain.com group of companies, hired Ballard…