Author: NBTC
JAN3 CEO Samson Mow believes Bitcoin is undervalued at $100,000, expressing his belief in BTC’s long-term dominance and price appreciation. Mow shared this perspective during a recent interview, asserting that the $100,000 price point remains a bargain for Bitcoin. According to him, Bitcoin should be trading around $200,000 given the current global economic conditions, including the failure of fiat currencies and central banks’ interventions. 🔥SAMSON MOW: #Bitcoin is undervalued at $100,000 @Excellion pic.twitter.com/YWbxcMBu4b — Roxom TV (@RoxomTV) February 18, 2025 Bitcoin ETFs Changed Investors’ Perception About BTC He suggested that the general perception of Bitcoin changed following the launch of…
In the wake of the ongoing $LIBRA rug pull controversy, Meteora’s co-founder, Ben Chow, has resigned. This follows his clarification yesterday regarding Meteora’s involvement in the $LIBRA project. Chow has also brought in an independent third-party investigator to look into the matter. Jupiter Founder: Meteora Co-founder’s Lack of Judgement in the Project Hi, I’m meow from Jupiter, and I also cofounded Meteora. Firstly, I’d like to reiterate my confidence that no one at Jupiter or Meteora committed any insider trading or financial wrongdoing, or received any tokens inappropriately. Secondly, we are hiring an independent 3rd… — meow (🐱, 🐐) (@weremeow)…
The US Senate has taken a decisive step toward passing a Republican-backed spending bill, effectively ending the threat of a US government shutdown. But the move has sparked fierce divisions within the Democratic Party over how to counter President Donald Trump’s efforts to expand executive power. The Senate approved the funding package by a 62-38 vote, putting congressional Democrats in a position to give up what they see as their strongest leverage to curb Trump and billionaire entrepreneur Elon Musk’s aggressive cost-cutting measures, which include drastically reducing the federal workforce and abolishing entire government agencies. With legislative options dwindling, opponents…
Elon Musk, a tech mogul and the public leader of the US Department of Government Efficiency (D.O.G.E.), has expressed concern about politicians’ inability to access and audit the US national gold storage facility Fort Knox. The billionaire has suggested, without any proof, though, that the US gold reserve might be missing and stated that it would be a good idea for D.O.G.E. to audit it. Michael Saylor, the co-founder and executive chairman of Bitcoin-focused company Strategy (formerly known as MicroStrategy) responded to Musk’s tweet, hinting that it is time to forget about gold and proceed with Donald Trump’s plan to…
As the cryptocurrency market experiences its usual ebb and flow, Ethereum has discovered a significant support level at $1,887. This price point has emerged as a critical juncture for Ethereum, with substantial investor activity marking it as a focal point for accumulation. According to recent data from Glassnode and shared by @ali_charts on X, approximately 1.63 million ETH have been accumulated at this price level. This concentration of buying activity suggests strong confidence among investors at this price, providing a robust base for Ethereum as it navigates market volatility. Currently, the most important support level for #Ethereum is $1,887, where…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Every great innovation starts with a problem. For Solana, the issue was obvious. Blockchains were too slow, expensive and unapproachable for mainstream adoption. Ethereum struggled with congestion, Bitcoin was too rigid for complex applications, and no one else had made any meaningful strides to address the scalability problem. For one engineer, this would become an all-consuming technical challenge, leading him on a mission to build his own decentralized network capable of processing transactions at internet speed. In 2017, Anatoly Yakovenko, a seasoned Qualcomm engineer, turned his attention…
A Bank of America insider is pleading guilty to boosting a global money laundering conspiracy that aided drug traffickers and other illegal businesses, according to the U.S. Department of Justice (DOJ). The DOJ says former Bank of America employee Rongjian Li was a member of a money laundering and drug trafficking outfit headed by Jin Hua Zhang. According to prosecutors, Li used his position at the bank from 2021 through 2022 to help the criminal organization open several accounts. Zhang’s organization then used the BofA accounts, some of which were registered using forged passports, to launder illicit funds. “As part…
Bitcoin has fallen below $96k as BTC miners offload over 2,000 BTC. Will Bitcoin drop below the crucial support at $94,500? Over the past 24 hours, Bitcoin has shown little movement, currently trading at $95,657, reflecting a 0.67% drop. However, the market has experienced over $200 million in liquidations, with long-side traders losing $134.34 million. As pressure mounts on the bulls, will Bitcoin dip below its key support at $94,500? Let’s take a closer look. Bitcoin Price Analysis Puts Focus at $94,393 In the 4-hour price chart, the Bitcoin price trend reveals a bullish failure to cross above local resistance.…
Originating as an NFT community, Milady and its surrounding ecosystem has become one of the most culturally significant groups in Ethereum and crypto as a whole. Over the years, notable figures have joined or interacted with the community, including the likes of Elon Musk and Ethereum co-founder Vitalik Buterin. Known for its edgy humor, layers of irony, and cult-like mentality, the Milady community has defied many attempts to decipher what on earth is going on in its self-referential world. At its most broad, the community spans multiple NFT collections, meme coins, global raves, a Minecraft server, and long philosophical texts.…
A popular crypto analyst thinks Ethereum (ETH) will have to endure some “pain” before rebounding. In a new YouTube video, Benjamin Cowen tells his 886,000 subscribers that there probably needs to be a change in monetary policy in order for ETH’s chart against Bitcoin (BTC) to bottom. “But in order to have a change in monetary policy, you have to have pain. Welcome to the pain. This is the pain that you ultimately need. Remember last cycle [in 2019], ETH/Bitcoin bottomed after ETH/USD broke support.” Cowen notes that ETH fell below its support level against the US dollar in 2019…