Author: NBTC
Timothy Peterson, one of the well-known economists of the cryptocurrency world, made an interesting prediction about the course of the Bitcoin price in the next 10 days. Peterson predicts that the price of Bitcoin will fall to $70,000 in the next 10 days, according to a chart model he created. The analyst said that this chart examines the expected movements of the BTC price according to the data. According to Peterson, this price prediction could be valid if the chart continues to follow the path of the 75th percentile of the bear market range. The analyst argued that this price…
A whale transferred SOL worth more than $24 million to Binance while it still retains a massive staked position. Solana’s price has marginally risen with slight bearish signals for the token, as seen through exchange netflow and profit data. Many addresses are now at a loss, which means that there may be further selling in the short term. A major Solana ($SOL) whale has returned to the spotlight after transferring substantial funds to Binance in two separate batches. A recent on-chain analysis by Lookonchain reveals that a whopping 202,433 SOL worth more than $24 million has been transferred to the…
In a pivotal move for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has issued guidance on stablecoins, bringing fresh clarity to a fast-growing segment of the digital asset market. The SEC’s Division of Corporation Finance issued a statement on Friday as part of efforts to provide greater clarity on the application of the federal securities laws to cryptocurrencies, providing its views on the “stablecoin” asset class. Stablecoins in the context of the statement are those that are designed to maintain a stable value relative to USD and can be redeemed for USD on a one-for-one basis. They…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As the scandal continues to unfold and experts examine just how severely top officials have compromised US national security in that Signal chat leak—and embarrassed themselves through controversial post-statements—I want to take a closer look at one particular episode from the story. You might also like: As AI rewrites history, blockchain technology is a line of defense | Opinion At first, the White House denied that the chat ever existed. But when it became clear that there…
US President Donald Trump announced bilateral tariffs on April 2, US Independence Day, imposing a minimum 10% tax on all imports into the country. While Bitcoin and altcoins rose rapidly before Trump’s tariff announcement, BTC and altcoins also fell as global markets fell after the announcement of mutual tariffs. While all the gains in Bitcoin and altcoins since the beginning of the week were erased, BTC recovered above $83,000 on Friday, when critical US data was announced. “Markets wasted no time in reacting to Trump’s tariff announcement. BTC sold off heavily, falling from a session high of $88.5K to a…
Exciting news for the DeFi community! Ethena Labs, the innovator behind the synthetic dollar protocol, has officially launched its highly anticipated USDe stablecoin on BNB Chain. This strategic expansion marks a significant step in broadening the accessibility and utility of USDe within the decentralized finance landscape. For users on BNB Chain, this launch opens up a world of opportunities to engage with USDe and sUSDe across prominent platforms like PancakeSwap, Venus Protocol, and Pendle. Let’s delve into what this groundbreaking integration means for you and the broader crypto ecosystem. What is Ethena USDe Stablecoin and Why is it a Game…
Omnichain liquidity infrastructure protocol StakeStone is up 20%, buoyed by a string of exchange listings. StakeStone (STO) has launched into the spotlight following the recent announcement of its token generation event by Binance Wallet, which took place from from 08:00 AM to 08:30 AM UTC today. Following the TGE, multiple exchanges listed the token for spot trading. MEXC just launched STO with the Airdrop+ event, with a total prize pool of 130,000 USDT. The event has already started and will end on April 13. Bitget and Kucoin followed suit, with Kukoin also launching two promotional campaigns for the token with…
Staff at the U.S. Securities and Exchange Commission (SEC) are reviewing past crypto-related guidance to determine whether it still reflects the agency’s current priorities, according to a statement from acting chairman Mark Uyeda, posted on social media platform X. Among several key documents, the SEC staff’s statement on funds registered under the Investment Company Act Investing in the bitcoin futures market is under review, according to the X post. Other documents include digital assets “investment contracts,” and custody frameworks. The reviews could result in more clarification for regulatory frameworks around the digital assets sector. The request from Uyeda is related…
Broken Bound, an advanced cross-chain financial company filling the gap between diverse blockchains, has announced a new partnership with FistS, the meme-inspired crypto project operating on Binance Smart Chain. The collaboration focuses on merging entertainment with utility to increase the growth in the Web3 world. This endeavor also promotes elite gaming culture to enhance the blockchain sector. 🚀 Broken Bound x FistS Partnership! 💪We’re teaming up with @FISTs_Meme, the rock-solid Chad of meme coins on BSC! Expect peak gaming culture, Web3 utility, and unbreakable meme dominance. No weak fists—just pure alpha energy. Stay tuned! 🔥#BrokenBound #FistS #MemeCoin… pic.twitter.com/xJSDIHvde3 — Broken…
Thursday, April 3, was a pretty rough day for the markets. Trade tariffs of an unprecedented scale sent shockwaves through equities, commodities and crypto markets. But even in the chaos, Bitcoin (BTC) — often dismissed by skeptics as too volatile — surprised everyone by holding its own. Even Peter Schiff, who has always been critical of cryptocurrencies, was surprised at how well it handled the market’s ups and downs. With a 5.7% drop, Bitcoin’s decline was similar to the NASDAQ’s losses and slightly better than the Russell 2000’s performance. It was not a huge win, but it was not a…