Author: NBTC
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset rising by over 15% over the past month. Svenson tells his 82,800 YouTube subscribers that, based on the Moving Average Convergence Divergence (MACD) indicator, a tool used to identify changes in market trends and sentiment, Bitcoin bears have begun losing momentum on the weekly time frame. The crypto trader and analyst further says that Bitcoin is “shaping up with an ascending triangle” on the four-hour time frame. An ascending triangle pattern is a bullish formation that’s confirmed when the price breaches the upper horizontal…
Economists at the banking giant Wells Fargo think the Trump Administration’s tariff policies are unlikely to reshore a significant number of manufacturing jobs in the US for the “foreseeable future.” Sarah House, Nicole Cervi and Aubrey Woessner argue in a new analysis that higher prices and policy uncertainty could impact US firms’ capability to expand payroll. “As downstream industries face higher costs, they must decide whether to absorb them and accept lower margins, pass them onto customers via higher selling prices or a combination of the two. Neither avenue is supportive of employment growth.” The economists say that reshoring manufacturing…
Shiba Inu (SHIB) has managed to maintain its resilience as a major reset is underway. In the past 24 hours, the coin has seen a significant bump in its trading volume on the top digital currency trading platform, Binance. While the overall trading volume fell by 3.67% to $634.57 million, the volume on Binance is soaring. Shiba Inu shows power move on Binance Per data from CoinMarketCap, the SHIB/USDT trading volume on Binance jumped by 13.62% to $90,375,845. On the other hand, the SHIB/USDC trading pair has recorded just about $6,719,074. Combined, these pairs have seen a cumulative trade of…
The U.S. crypto industry’s potential primary watchdog, the Commodity Futures Trading Commission, has a staffing problem at the top, with the last of its sitting commissioners announcing her departure plans before the arrival of the agency’s chairman picked by President Donald Trump. Democrat Kristen Johnson has now joined the other three sitting commissioners in making her departure plans clear on Wednesday, leaving Trump’s choice to lead the agency — former Commissioner Brian Quintenz — potentially running an empty commission. If confirmed by the Senate, Quintenz is taking over the spot currently occupied by Christy Goldsmith Romero, a Democrat who said…
DAC Platform, a well-known on-chain platform to back digital communities, is now an official partner of PEPE GAMES, a community-led platform for Web3 gaming. The partnership aims to combine the community-driven gaming and the cutting-edge quest-based user engagement in the Web3 sector. The platform took to its official social media account on X to disclose this partnership. 🚀 COLLABORATION ANNOUNCEMENT 🚀DAC Platform x PEPE GAMES 🤝Say Hello to Our New Partner: @PEPEGAMES_69!🐸 PEPE GAMES (PPG) is the first MEME-themed Web3 gaming hub on Solana, blending entertainment, community culture, and AI technology. The platform currently features two… pic.twitter.com/zaXUnBIw4Q — DAC Platform…
Bitcoin (BTC) is exhibiting signs of a potential bullish trend in May, driven by key indicators. Experts have highlighted factors such as miner economics, network hashrate, long-term holder accumulation, and rising global fiat liquidity, suggesting that a price increase could be on the horizon. This comes as the largest cryptocurrency continues its recovery rally from early April lows, up 14.6% over the past month. Is a Bitcoin Bull Run Returning? In the latest X (formerly Twitter) post, analyst and WiM Media founder Robert Breedlove referenced Blockware Team’s average miner breakeven cost data to forecast that Bitcoin might be on the…
In a significant move for the Canadian cryptocurrency landscape, Toronto-based Stablecorp has successfully closed a funding round, securing $1.8 million USD. This investment is specifically earmarked to accelerate the growth and capabilities of QCAD, the company’s pioneering stablecoin pegged directly to the value of the Canadian dollar. Why is This Stablecoin Funding Important? The successful completion of this stablecoin funding round highlights growing investor confidence in the potential of regulated, fiat-backed digital currencies, particularly within specific national markets like Canada. For Stablecorp and its QCAD project, this capital infusion is not just about expansion; it’s about building robust, transparent, and…
U.S. Dollar Tether (USDT), a USD-pegged stablecoin by Tether Limited, sees its capitalization exceeding $150 billion. Seasoned digital asset entrepreneur and investor Samson Mow sees USDT securing the status of the largest altcoin as soon as this year. Tether (USDT) close to “flippening” Ether (ETH) this year: Samson Mow Tether (USDT), the biggest stablecoin asset in crypto, reaches a new capitalization ATH over $150 billion. JAN3 CEO Samson Mow is sure that it is only the beginning for USDT. Mow is certain that USDT has all the chances to outshine Ethereum (ETH) by market cap as soon as this year.…
Burwick Law’s class-action lawsuit against LIBRA meme coin promoters has been moved from state to federal jurisdiction. This suit was combined with one concerning M3M3, another alleged scam token managed by the same figures. This effort differs from Argentina’s own investigations in two clear ways. It doesn’t target any Argentinian government officials or entrepreneurs, and it’s only interested in civil penalties. US LIBRA Lawsuit Goes Federal The LIBRA meme coin scandal seriously rocked Argentina’s crypto community, and local criminal investigations against key figures like President Javier Milei are ongoing. However, a wide variety of crypto-specific entrepreneurs actually spearheaded the project.…
OKX Wallet, a prominent self-custody wallet platform, has announced its exclusive integration with Monad, a cutting-edge L1 blockchain protocol. The integration permits OKX Wallet consumers to reach and directly leverage the Monad ecosystem. The platform took to its official X account to reveal this endeavor. We’re happy to announce that @monad_xyz has integrated #Wallet!You can now use our Wallet to navigate the Monad ecosystem seamlessly, claim testnet tokens and explore trending dApps on Eco Hub.Check it out: https://t.co/jHsnhf6Uah pic.twitter.com/OoEwAGzg5C — OKX Wallet (@wallet) May 24, 2025 OKX Wallet Announces Integration with Monad to Enable Access to dApp Trading By integrating…