Author: NBTC
As the tariff war between the US and China escalates day by day, Donald Trump announced yesterday that they will impose a 104% tax on Chinese goods as of noon on Tuesday, April 9, 2025. China has launched a counter-offensive, describing the US actions as “unilateralism” and “economic bullying”. At this point, China announced that it will impose 84% tariffs on all imports from the US starting April 10, 2025. The increasing tariff tension between the US and China is negatively affecting Bitcoin and cryptocurrencies, as the mutual moves of Trump and China are causing sudden declines in BTC. With…
Samson Mow, vocal Bitcoin supporter and the chief executive at JAN3 company that helps nation-states with BTC adoption, has taken a jab at the second largest cryptocurrency Ethereum once again. Mow commented on its price as ETH has reached the lows that were last seen in October 2023. Samson Mow’s anti-Ethereum statement Samson Mow revisited a tweet he published back on August 23, 2022, when Ethereum traded roughly at the same price as it is now – $1,600 per coin. Bitcoin on that day traded at $21,600. Currently, Ethereum is changing hands at $1,589 after plunging by 5.24% over the…
The venture capital firm based in Austin, Texas, was founded in 2016 and specializes in early-stage Bitcoin startup investing. TVP Reveals 767% Explosion in Early-Stage Bitcoin Startup Funding On Thursday, Austin’s Trammell Venture Partners (TVP), an early-stage Bitcoin venture capital firm, published its third annual report on the cryptocurrency’s emerging venture capital landscape, revealing a 767% jump in “Bitcoin-native” pre-seed transactions. (TVP says its proprietary data shows that Bitcoin-native pre-seed transactions have surged by 767% since 2021 / TVP) The firm defines “Bitcoin-native” as a startup “founded with the first principle that bitcoin is the global monetary asset of the…
XRP community commentators have noted how XRP could also benefit from Ripple’s recent acquisition of Hidden Road. Ripple Acquires Hidden Road, But Concerns Emerge For context, Ripple recently announced the acquisition of prime brokerage firm Hidden Road for $1.25 billion. The development, which builds on Ripple’s growth strategy, triggered discussions within crypto circles, especially among XRP supporters. While much of the spotlight has focused on Ripple’s stablecoin RLUSD being utilized as collateral in institutional finance, several XRP investors have questioned how XRP fits into the picture. Addressing these concerns, WrathofKahneman (WOK), a well-known commentator in the XRP community, recently sought…
Justin Sun’s allegations that Hong Kong-based custodian First Digital Trust is insolvent have landed him in the cross-hairs of a defamation claim initiated by the company. First Digital’s FDUSD stablecoin briefly de-pegged on April 3 after Sun claimed the company was “insolvent,” though it has since virtually recovered, according to CoinDesk markets data. The writ of summons, the first step in a defamation claim, was filed late last week and requests the Hong Kong High Court to issue an injunction restraining Sun from making further statements on the matter. It also asks for an injunction requiring Sun to publish retractions.…
Binance’s Bahrain subsidiary BPay Global has received approval from the Central bank of Bahrain. The leading exchange has been combating several regulatory obstacles over the past year. As Trump put a pause on the Tariff negotiations, the crypto market rallied upwards. Bitcoin has reclaimed its $80K mark and is currently trading in the $82K range. The altcoin sector has also shown positive movements in the last 24 hours. Meanwhile, the SEC, on completion of its final voting, has announced Paul Atkins as its new Chair. On the other hand, leading crypto exchange Binance has seen positive regulatory advancements in Bahrain.…
China is rapidly advancing its digitalization efforts, with its latest initiative focused on integrating emerging technologies into public utilities. One of Asia’s economic powerhouses, China is turning to blockchain and artificial intelligence (AI) to improve the state of its water management systems. China’s water management faces peculiar challenges stemming from rapid urbanization and aging architecture, problems that authorities say can be solved with more advanced technologies. The Harbin Institute of Technology is leading the charge with its AI-powered water management systems. The systems have seen action in key metropolises, including Beijing and Shanghai, supporting real-time automation and seamless monitoring. Experts…
Ethereum’s price has been in a substantial downtrend, recently reaching the critical $1.5K support region. While this level is expected to hold, a breakdown could trigger another cascade toward $1K. Technical Analysis By Shayan The Daily Chart ETH’s strong bearish momentum has temporarily paused at the crucial $1.5K support zone, aligning with a major swing low from November 2024. This region serves as a key psychological support level, likely filled with demand, making it a potential pivot point for the price. Recently, Ethereum experienced an uptick in buying pressure, leading to a temporary rebound. However, with selling pressure still dominant,…
US President Donald Trump announced that he would impose reciprocal tariffs on 185 countries on April 2, US Independence Day, and imposed a minimum 10% tax on all imports into the country. While Trump was on the world agenda with this statement, mutual tariffs caused sharp declines in both American stock markets and the Bitcoin (BTC) and cryptocurrency markets. While these declines turned the market upside down, Trump made a statement following the sharp declines in stock markets and the crypto market. Speaking to reporters on Air Force One, Trump said the collapse in markets due to tariffs imposed by…
Whale activity jumping 178% in a day signals rising institutional interest and may precede a significant price move—though confirmation is still needed. Chainlink’s strategic global partnerships, including with ADGM, strengthen its long-term positioning amid short-term technical uncertainty. Chainlink (LINK), the decentralized oracle network, has recently witnessed a significant uptick in whale activity, prompting speculation about a potential price breakout. Previously, CNF also revealed that Chainlink (LINK) rebounded to $15.25 after dropping to $13.18, with increased trading volume and volatility showing strong market activity. Such substantial movements by institutional investors, often referred to as “whales,” can profoundly influence market dynamics, potentially…