Author: NBTC

Ethereum, the second-largest cryptocurrency after Bitcoin, has experienced a significant price decline despite the U.S. Securities and Exchange Commission’s (SEC) approval of Ethereum ETFs in 2024 and the addition of ETH to the U.S. Digital Asset Stockpile in 2025. The persistent drop in Ethereum’s price has sparked intense discussions among crypto traders, analysts, and hedge funds. Crypto analyst and trader Ted Pillows warns that the worst may still be ahead for ETH, predicting a potential further decline to the $1,600–$1,400 range. He further supports this claim by highlighting that Ethereum’s current capitulation candle closely mirrors the historic March 2020 crash.…

While the meme coin sector has witnessed billions vanish into thin air in recent weeks, the artificial intelligence (AI) coin market has experienced its own dramatic downturn, shedding over $15 billion in value since Jan. 16. AI Tokens Face $15B Setback AI coins enjoyed a stellar rise throughout 2024, fueled by the emergence of AI agent tokens, which sparked yet another notable uptick at the dawn of 2025. Yet, the past 30 days have painted a starkly different picture, with $15 billion evaporating from the AI coin domain which was once worth $37.62 billion. Nearly every leading AI coin has…

The U.S. Senate Banking Committee voted in favor of advancing the stablecoin-focused GENIUS Act to a full Senate vote Thursday, with the legislation receiving bipartisan support. The bill passed through committee by a vote of 18-6, with five Senate Democrats joining Republicans to push the bill over the finish line with considerable breathing room. Democrats who voted for the GENIUS Act’s passage include bill cosponsor Angela Alsobrooks (D-MD), as well as Senate Banking Committee members Mark Warner (D-VA), Andy Kim (D-NJ), Lisa Blunt Rochester (D-DE), and Ruben Gallego (D-AZ). The bill’s sponsor, Bill Hagerty (R-TN), said he intends for the…

In an interview, Anthony Scaramucci predicted that Bitcoin could reach $200,000 this year, driven by potential U.S. moves toward a strategic crypto reserve, growing global adoption, and increased institutional interest. Anthony Scaramucci, founder of SkyBridge Capital, believes the United States is on the verge of establishing a strategic crypto reserve, with Bitcoin (BTC) as its cornerstone asset. In a recent interview hosted by Saxo to mark President Donald Trump’s first 30 days in power, crypto.news was invited to submit questions. Scaramucci suggested that bipartisan discussions, spearheaded by figures like David Sacks, are laying the groundwork for this move. “David Sachs…

An increase in supply on exchanges increases fears of further price drains. Ethereum experiences increasing volatility with the possibility of declines in the very near term. More than 100,000 ETH moved to the exchanges: Ethereum just changed its market status. There has been a dramatic occurrence with regard to Ethereum, since within only two days, more than 100,000 ETH have moved to exchanges. The huge cash influx on the exchanges is all that matters regarding selling pressures. On March 12, 2025, according to the Santiment data, more than 9.2 million ETH worth around $18.3 billion were either actively being traded…

Binance co-founder Chanpeng Zhao has left a cryptic post on his X account, triggering curiosity among a section of the crypto community. Zhao’s message was his reply to a post by a crypto user on the social media site, who noticed a pattern in the former Binance CEO’s actions. I wonder what the next 4 years will be like. 😉 — CZ 🔶 BNB (@cz_binance) February 17, 2025 According to the user, Zhao has started a cryptic 4-year-patterned signal for PancakeSwap, one of the top decentralized exchanges (DEX) on the Binance Smart Chain (BSC). The user noted that four years…

Tether CEO Paolo Ardoino has expressed excitement regarding the much-hyped stablecoin bill, which passed the U.S. Senate Banking Committee earlier today. Ardoino told Bloomberg earlier today that the bill would “unlock” a lot of clarity for stablecoins. “We are very excited because, as you know, Tether is the company that created the stablecoin industry in 2014. We issued the first stablecoin…and we have the biggest userbase when it comes to stablecoins,” he said. The so-called GENIUS Act, which aims to establish a regulatory framework at the federal level, is now poised for a full vote in the Senate. Notably, several…

Market analytics firm Glassnode has identified the next major Bitcoin support level to watch if the bulls lose the current region. The Glassnode report comes as Bitcoin continues to trade within a critical range, with its price hovering near $96,788. Specifically, the analytics resource emphasized that if Bitcoin loses its grip on $96K, the next major support could be much lower, as there is minimal resilience. Key Bitcoin Support Levels at $80.1K and $71K In the report, Glassnode called attention to Bitcoin’s adjusted MVRV Z-Score, an indicator that helps traders gauge price support zones. #Bitcoin’s adjusted MVRV Z-Score can be…

Crypto market started with week with intensified volatility, which has caused multiple liquidations, mainly affecting acquisitions of long positions. Today, according to data reported by Lookonchain, a whale got liquidated massive amounts of Ethereum following ETH’s recent fall below $1,805. This whale just got liquidated for 160,234 $ETH($306.85M)!https://t.co/6LXpmU9hCq pic.twitter.com/yFobkbE68K — Lookonchain (@lookonchain) March 12, 2025 Whale loses $306 million in Ether The whale, who betted for long Ethereum, today suffered hundreds of millions of dollars in losses after ETH’s price tremendously fell early today. As per the data, the whale got liquidated for 160,234 ETH ($306.85 million) today as ETH…

A U.S. bankruptcy court has granted liquidators of defunct hedge fund Three Arrows Capital (3AC) permission to expand their claim against FTX to $1.53 billion, rejecting objections from FTX’s debtors that the move was untimely and unfair. Judge John T. Dorsey of the U.S. Bankruptcy Court for the District of Delaware ruled on Thursday that 3AC’s liquidators had provided sufficient notice of their claim and were hampered in their investigation by FTX’s failure to share relevant records in a timely manner. “The evidence suggests that the delay in filing the Amended Proof of Claim was, in large part, caused by…