Author: NBTC

With the new US and SEC administration, the expectation of ETF approval for altcoins such as XRP, Solana (SOL) and Litecoin (LTC) increases, while the SEC continues to make critical moves. At this point, the SEC has accepted three separate 19b-4 filings for spot XRP ETFs from Cboe, BZX, and Nasdaq. These exchanges intend to list spot XRP ETF shares from WisdomTree, Canary Capital, and CoinShares. The publication of these applications in the federal register marks the start of the 240-day period for the SEC to approve or reject the XRP ETF applications from Cboe and Nasdaq on behalf of…

Bitcoin edges higher to $97,973 to $98,323 over the last hour, as traders assess macroeconomic and inflation signals alongside key technical levels. BTC Bitcoin’s daily chart shows price action stabilizing between $96,000 and $98,000, following a 10.3% retreat from its January 20, 2025, all-time high. The macro trend remains in a pullback phase, with critical resistance at $109,356 and support at $89,164. A hold above $96,000 could signal a bullish reversal toward $102,000–$105,000, while a drop below $94,000 may trigger a retest of $90,000. Traders are closely watching this range to gauge directional momentum. BTC/USD via Bitstamp 1D chart on…

Dogecoin price would need to expand by 30-fold for it to reach the trillion-dollar market cap of electric car giant Tesla. Dogecoin continues to maintain its reign as one of the most prominent crypto assets, and eyes have been on it to see how it could perform in this market cycle. Market participants have speculated on various outcomes, including the possibility of Dogecoin attaining the valuation of Tesla. This discussion holds weight amid ongoing endorsements from Elon Musk, including the fact that certain merchandise from the Tesla Shop is purchasable with DOGE. Accordingly, this article explores the potential market valuation…

Bitcoin price started a recovery wave above the $96,500 zone. BTC is rising and might aim for a move above the $98,800 resistance zone. Bitcoin started a decent recovery wave above the $96,500 zone. The price is trading above $97,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $97,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,400 zone. Bitcoin Price Aims Higher Bitcoin price formed a base above the $94,500 level and started a…

Aptos accused Monad of copying its open-source code, but Monad’s co-founder denied the allegation, stating he never used Aptos’ code. Aptos saw rapid growth with 16.7 million monthly active addresses and a 96% developer increase in 2024, strengthening its blockchain ecosystem. Aptos and Monad are once again at odds. Alexander Spiegelman, the Director of Aptos Research, accused Monad of duplicating open-source code without referencing. He wondered why Monad took so long to copy publicly released technology. James Hunsaker, one of Monad’s founders, responded right away, vehemently refuting the allegation. I really don’t understand why it takes so much time for…

U.S. spot Bitcoin ETFs have experienced three consecutive days of net outflows, losing nearly $500 million over this period leading up to Feb. 20. The three day outflows started with $61.4 million on Feb. 18, followed by $71.07 million on Feb. 19. However, on Feb. 20, net outflows surged to $364.93 million, according to data from SoSoValue. This marks the most significant single-day decline in the three days. BlackRock’s IBIT experienced the largest single-day withdrawal, losing $112.05 million. The next biggest outflows were $98.3 million from ARK Invest’s ARKB and $89.24 million from Fidelity’s FBTC. With $33.5 million in outflows,…

The Layer 2 blockchain solution, Arbitrum, has integrated with Rarible which operates as one of the prominent non-fungible token (NFT) marketplaces. The Rarible platform now allows its users to explore Arbitrum NFTs alongside trading them directly through the platform and creating new Arbitrum-based NFTs. The joint solution brings improved NFT trading by providing decreased costs together with speedier transactions and superior market functionality for both traders and NFT producers. 🔹 Arbitrum is now live on Rarible! 🔹You can now trade and explore @arbitrum NFTs directly on Rarible with full support for creator royalties. Speed, low fees, and a thriving community,…

A new tool from VanEck, a leading asset management firm, models how a Bitcoin reserve could offset U.S. national debt by 2049. The Crypto Basic used this tool to explore different scenarios based on debt growth, Bitcoin price, and acquisition strategies. Notably, the results show a scenario where the U.S. Treasury’s Bitcoin holdings surpass the projected national debt, eliminating it entirely. The Bitcoin Acquisition Plan For context, the BITCOIN Act, introduced by pro-crypto lawmaker Senator Cynthia Lummis, proposes that the U.S. Treasury acquire up to 1 million Bitcoin over five years and store it in a Strategic Bitcoin Reserve for…

A Bitcoin ordinals project said it aims to raise over $34 million from an art collection of Microsoft Paint-style cartoon wizards following a similar sale last year that raised $13 million. Taproot Wizards plans to auction 2,121 non-fungible tokens (NFTs) of its signature “magic internet JPEGs,” which harken back to a 2013 bitcoin meme: “magic internet money,” later this month, according to an emailed statement. The Wizards were inscribed on the Bitcoin blockchain two years ago and are now being made available for sale. The project last year sold a collection of 3,000 “Quantum Cats” to raise support for the…

PayPal and HDFC Bank-backed Mintoak has acquired Digiledge in a $3.5 million deal, marking the first acquisition in India’s central bank digital currency space. Mintoak, an Indian ecommerce startup that facilitates merchant payments, has acquired Digiledge in a deal worth around $3.5 million, marking the first acquisition in India’s CBDC area, Reuters, has learned, citing sources close to the matter. With Digiledge, which specializes in CBDC and bill payments, Mintoak’s partner banks — HDFC Bank, Axis Bank, and SBI — could offer payment solutions in e-rupee, India’s form of CBDC. With the acquisition, Mintoak CEO Raman Khanduja says the firm…