Author: NBTC
March 2025 is witnessing a significant wave of changes in how US states approach cryptocurrency. Several states are actively introducing and passing legislative initiatives to promote crypto adoption. Recent developments over the past week indicate a clear shift. US lawmakers no longer see cryptocurrency solely as a speculative asset but as a strategic part of the financial future. Kentucky: Protecting Bitcoin Rights and Crypto Mining One of the most notable advances this month comes from Kentucky. On March 24, the state governor signed the “Blockchain Digital Asset Act” (HB701) into law after the state Senate passed it with an overwhelming…
Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market. At the time of writing, Bitcoin’s dominance over the entire market is at 60.3% after a 4% increase in the past 24 hours. Notably, crypto analyst Rekt Capital pointed to the 71% dominance level as an important threshold for crypto investors still awaiting an altcoin season. Reaching 71% Is Critical For An Altcoin Season The Bitcoin dominance chart, which tracks Bitcoin’s market capitalization in relation to the entire crypto market, has consistently risen throughout…
Tether acquires a 30.4% stake in Be Water to support technological innovation in content creation and distribution 27 March, 2025 – Tether, the largest company in the digital asset ecosystem, has announced a strategic investment in Be Water, an innovative media company specializing in the production and distribution of audio, video, film, and live content. Through a €10 million capital increase and equity acquisition, Tether will acquire a 30.4% stake in Be Water by the end of the month. Be Water, led by Executive Chairman Guido Maria Brera, aims to redefine media consumption through a technology-driven approach to content production…
Bitcoin price is consolidating above the $95,500 support zone. BTC is showing a few positive signs and might attempt a recovery if it clears $100,000. Bitcoin started a fresh decline below the $100,000 level. The price is trading below $99,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $100,000 zone. Bitcoin Price Holds Support Bitcoin price failed to continue higher above the $102,500 zone. It started another…
Swiss banking giant UBS has warned that stagflation — stagnant growth and high inflation — may be the next big threat. UBS Group AG’s Asia Pacific President, Iqbal Khan, described stagflation as investors’ primary risk while identifying select opportunities in the existing economic environment. Stagflation Fears Rise Amid Trade Tensions and Central Bank Measures Addressing Bloomberg’s Family Office Summit in Hong Kong, Khan said that perhaps the biggest question in the market today is how fast the economy grows and whether stagflation—a situation marked by weak growth, high unemployment, and high inflation—is the new normal. He noted: “That’s the real risk…
January 2025 was a busy month for the crypto industry. This period experienced several cryptocurrency launches, which added increased enthusiasm in the market. Several launched assets saw tremendous rises indicated by their market caps. Today, CryptoRank.io shared a list of the top 10 major digital assets with the biggest market valuations launched last month. Top 10 Tokens Launched by Market Cap in JanuaryApart from $TRUMP and $S, January saw few newly launched tokens surpassing $1B+ market cap. Instead, attention shifted toward tokens from @pumpdotfun and @virtuals_io, where lower-cap tokens are being launched and actively traded. pic.twitter.com/ja7NeamW88 — CryptoRank.io (@CryptoRank_io) February…
Elizabeth Warren said on Wednesday that Trump plans to remove Federal Reserve Chair Jerome Powell from his post, calling it part of a purge that could rattle financial markets and blow up the idea of independent oversight in government. In an interview with Bloomberg Television, Elizabeth, who represents Massachusetts in the Senate, said, “Nobody is safe, not even the chairman of the Federal Reserve,” and warned that Trump’s interpretation of executive power means “all the power belongs to the king.” Elizabeth made the statement in Washington, D.C., just hours after Powell met with Treasury and Fed officials on the inflation…
Bitcoin oscillated between $95,850 and $96,234 in the past sixty minutes, boasting a valuation of $1.917 trillion, a global volume footprint of $47.52 billion, and a daily price spectrum stretching from $95,850 to $99,131. It now lingers 11% beneath its historic lifetime price high. Bitcoin The hourly chart reveals price stabilization with modest declines as bitcoin falters near pivotal resistance barriers. The relative strength index (RSI) hovers at 43, reflecting equilibrium, while the moving average convergence divergence (MACD) at -348 hints at persisting bearish tendencies. A commodity channel index (CCI) of -138 flashes a buy alert, implying temporary undervaluation, and…
Cryptocurrencies are becoming a central investment choice for Millennials and Generation Z. According to the Global Retail Investor Outlook 2024 of the World Economic Forum (WEF), a growing portion of young investors allocates over half of their portfolio to digital currencies. This trend is not a temporary phenomenon but reflects a broader change in how the new generations approach financial risk, trust, and investment planning. The report, based on a survey conducted on 13,000 individuals in 13 countries, reveals surprising data: 62% of Millennials have at least a third of their portfolio in cryptocurrencies, while 35% of Gen Z invests…
The strategic launch of the Berachain (BERA) coin on Thursday has gained significant attention from the crypto trading community. The Ethereum (ETH) rival sent shockwaves to the crypto industry after announcing an airdrop of 79 million BERA coins, worth more than $632 million and representing 15.8 percent of the token’s total supply, to the community on Thursday. Berachain, a high-performance EVM-identical L1 blockchain secured via Proof-of-Liquidity (PoL), intends to disrupt the global web3 ecosystem backed by reputable investors led by Hack VC, Polychain, Framework Ventures, and Brevan Howard Digital, among others. BERA Price Prediction for Short and Long-Term The mid-cap…