Author: NBTC
An analyst who accurately predicted the crypto meltdown three years ago warns that Bitcoin (BTC) is showing bearish signals, suggesting that the current consolidation may resolve to the downside. Pseudonymous analyst Dave the Wave tells his 148,300 followers on the social media platform X that he’s keeping an eye on Bitcoin’s moving average convergence divergence (MACD) indicator on the weekly chart. Traders use the MACD to identify an asset’s trend and spot potential entry and exit points. According to the trader, Bitcoin’s MACD looks poised for a reset after a bearish cross, suggesting that BTC is close to witnessing a…
Ethereum is leading the NFT sales as of March 14, 2025 and Bitcoin, Polygon, and Mythos maintain positions among the top leaders. The NFT marketplace continues to maintain intense activity based on weekly blockchain competition regarding their sales volumes. TOP BLOCKCHAINS BY WEEKLY #NFT SALES VOLUME #Ethereum #Bitcoin #Polygon #Mythos #Solana #Base #Immutable #Avalanche #Panini #BNBChain #Flow #Ronin pic.twitter.com/ui7ApRP4OR — PHOENIX – Crypto News & Analytics (@pnxgrp) March 14, 2025 Ethereum Continues to Lead the NFT Market Ethereum positions itself as the top NFT sales network through its weekly sales volume that exceeds $33.15 million. The NFT ecosystem built by…
The consumer price index (CPI) report due Wednesday will be the first under President Donald Trump’s tenure, with signs of cooling likely to raise the chance of an interest-rate cut and lift the spirits of investors in risk assets, who have been hammered in recent weeks. The Bureau of Labor Statistics is forecast to say headline inflation declined year-over-year to 2.9% from 3%, while core inflation, which excludes volatile food and energy prices, also lost 0.1 percentage point to 3.2%. Slower inflation raises the chance of an interest-rate cut, making riskier investments more attractive. CPI, which measures the cost of…
The market success of BONK and ELON meme coins depends heavily on their communities who stay actively involved. The market responds favorably to unique project designs which includes Cult DAO’s decentralized funding system that creates specific appealing promises for investors. Price volatility continues to impact meme coins across the market thus investors should use caution with their investments and make strategic decisions. The crypto market features meme coins which have become popular due to their fusion between internet memes and investment value. The cryptocurrency community is currently observing several meme coins that show signs of substantial changes on February Bonk…
This is a segment from The Drop newsletter. To read full editions, subscribe. SEGA’s Code of Joker game series is coming to the gaming-focused L1 blockchain Sui via a new game. SEGA licensed the IP to the third-party firm Jokers, Inc., which is developing the upcoming title. The new game based on the Japanese anime-style arcade IP is called Code of Joker: Evolutions. Players will be able to open card packs and collect cards onchain as Sui NFTs. “We knew that we wanted to match the physical feeling of opening a new card pack,” Takashi “Gin” Mizouka, cofounder of Jokers…
Binance just made headlines with a mind-blowing $2 billion investment from MGX, an Abu Dhabi-based AI and advanced technology investor. It is a big deal for several reasons. Not only is this Binance’s first-ever institutional investment, but it is also the largest investment into any crypto company, and the entire deal is happening in crypto — specifically stablecoins. But it is CZ’s comments that have gotten the most attention. When asked about how the new funds would be deployed, he responded with a straightforward, though light-hearted, “To buy crypto, of course.” Binance, the ex-CEO pointed out, has never been limited…
Spot Bitcoin exchange-traded funds in the U.S. shifted to net outflows on Feb. 18 as Bitcoin briefly dipped under $95,000, driven by declining odds of Trump approving a Strategic Bitcoin Reserve in the U.S. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a net outflow of $60.63 million on Friday, a reversal from the $66.19 million in net inflows recorded the previous trading day. The majority of outflows came from Bitwise’s BITB, which saw $112.65 million exit the fund, followed by Fidelity’s FBTC, which logged $16.42 million in outflows. BlackRock’s IBIT managed to offset part of these…
White House crypto czar David Sacks has revealed plans for the Treasury Department to focus on maximizing the value of XRP, Bitcoin, and other digital assets held by the U.S. government. The announcement follows Donald Trump’s commitment to establishing a U.S. crypto reserve. Sacks outlined the strategy during a recent appearance on the All In Podcast. He explained that the U.S. government would be consolidating its digital assets into a “crypto stockpile.” Treasury Secretary Scott Bessent, a former hedge fund manager, will oversee the portfolio’s management. The Need to Maximize the Value of Crypto Notably, the U.S. crypto portfolio will…
Ripple slows RLUSD minting as XRP trading volume surges, signaling strong market interest despite reduced issuance. XRP’s role in finance grows as regulatory clarity and adoption highlight its real-world utility over Bitcoin and Ethereum. Ripple’s cautious RLUSD strategy may reflect market conditions, ensuring demand-driven issuance amid evolving regulations Cryptocurrency analyst Nick underscored the changing position of XRP in the banking ecosystem. Despite denunciations from Bitcoin and Ethereum’s camp, he noted that XRP has played a critical role in the crypto discourse. Moreover, there have been many highs and lows throughout XRP’s journey. Although critics dubbed it a “bankers’ coin”, it…
Pathpulse.ai, an advanced platform merging Web3 and AI technologies for real-time GPS navigation, has partnered with Taurus AI, a prominent company developing an AI-driven trading ecosystem on Base and Telegram. The partnership targets to revolutionize the trading of crypto assets by offering AI-led insights. https://twitter.com/PathPulse_ai/status/1899355949049278478 Taurus combines the AI Alpha Digests as well as the unparalleled mobile-based execution. The partnership permits traders to carry out>PathPulse.ai and Taurus AI Advancing Crypto Trading with Exclusive Insights The platform of Taurus AI focuses on assisting traders by letting them benefit from AI technology. In this way, they can track prevailing market trends, get…