Author: NBTC

The leading digital asset fell sharply after Trump’s Wednesday tariff announcement and has since been languishing below $82K. BTC Dives as Trump’s Tariffs Roil Markets President Donald Trump announced aggressive new U.S. tariffs on more than 100 countries on Wednesday afternoon, sending bitcoin ( BTC) plunging to $81K from yesterday’s high of more than $88K. The cryptocurrency’s price swung between $81,786.22 and $88,466.96 over the past day and is currently trading at $81,888.94 down 4.15% in the last 24 hours and 5.06% over the past week. ( BTC price / Trading View) Overview of Market Metrics Bitcoin’s trading volume surged…

The possibility of a sooner-than-expected interest rate cut in the United States has escalated, with assets like Bitcoin as potential beneficiaries. The global market has been crashing extensively since President Donald Trump’s April 3 reciprocal tariff announcement. It started with the US stocks recording their worst two-day performance since the 2020 COVID-19 plummet. Meanwhile, at the start of the Asian market on Monday, China’s stock market crashed by over 5%, its largest single-day outflow since 2008. British and German markets also receded massively, as uncertainties resonated around the global market. While investors quiver, there might be a silver lining, especially…

Grayscale files for an Avalanche ETF, aiming to attract institutional and retail investors. AVAX price drops 8% despite growing institutional interest and potential SEC approval. Avalanche’s blockchain structure offers scalability, making it a strong Ethereum alternative. Grayscale Investments has taken the initial step in launching an Avalanche ETF. Many expected this step to boost market confidence. Instead, AVAX took a sharp dive. Investors now wonder what this means for future growth. Nasdaq filed a request with the SEC to list shares of the proposed Grayscale Avalanche Trust ETF. Approval could open doors for wider adoption. The unexpected price drop has…

Ethereum, the second largest cryptocurrency by market capitalization, has seen a significant drop in fees, drawing attention on the crypto market. In a recent tweet, IntoTheBlock stated that total ETH fees decreased in the quarter — marking their lowest level since 2020. According to data presented by IntoTheBlock, total ETH fees fell 59.6% to $208 million. During the first quarter, ETH’s price fell by 49%, wiping out more than $170 billion in market value. This was the third worst quarter for ETH since 2016. Total ETH fees decreased to their lowest level since 2020 this quarter, primarily driven by the…

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Can BitCoin be “trusted”? Will anyone accept bitcoins as payment? Could bitcoin eventually replace national currencies and “break the monopoly power of the Federal Reserve”? These were questions fielded by then-lead developer Gavin Andresen, 14 years ago this week. Andresen was speaking on the first podcast episode dedicated to “BitCoin.” (The price was a cool $0.73.) This hour-long EconTalk chat was recorded in March 2011, back in the very early months of GPU mining. It’s still worth listening to this episode, for nothing more than to…

Ethereum remains under pressure as the broader market sentiment struggles to shift bullish. The price continues to hover around key demand zones, with little sign of immediate strength from bulls, while derivatives and on-chain activity show signs of caution. Technical Analysis By Edris Derakhshi The Daily Chart On the daily timeframe, ETH has failed to recover above the previous support turned resistance near $2,000. The daily structure remains bearish, and the rejection from the $2,200-$2,000 supply zone has intensified selling pressure. The 200-day moving average, currently positioned above $2,800, underscores the broader bearish bias, while RSI lingers in oversold territory,…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

Bitcoin and the broader cryptocurrency market came under pressure today after President Donald Trump announced sweeping new tariffs. This move sent shockwaves through the stock market and caused a sharp sell-off in risk assets. With the declines, the price of Bitcoin, the world’s largest cryptocurrency, fell below $82,000. Meanwhile, the stock market also suffered a significant decline. The S&P 500 had its worst day since September 2022, while shares of crypto-related companies like Coinbase and MicroStrategy lost 9% and 7%, respectively. Trump’s announcement of tariffs starting at 10% and with some countries facing even higher rates has intensified concerns about…

Changpeng Zhao (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, is closely followed by investors with his statements and moves. At this point, CZ, one of the most influential names in the crypto market, warned artificial intelligence developers in his post from his X account. Expressing his concerns in the field of artificial intelligence, CZ warned developers not to rush their oken launches. CZ noted that many people prioritize token launches over building truly useful products. At this point, CZ noted that developers should first focus on creating high-quality intermediaries and only then achieve a clear product-market fit,…

Whales are using the dip to aggressively buy Ethereum, even as the top altcoin’s dominance falls to historical lows of 8%. Like many other altcoins, Ethereum (ETH) remains largely weak as sell-off pressure for risk assets continues. Tariffs are a major factor in this environment, which has Bitcoin (BTC) choppy and equities wobbly. Ethereum’s price has dropped 46% in the past year, significantly underperforming Bitcoin. According to crypto analyst Rekt Capital, ETH dominance has steadily decreased since June 2023, falling from 20% to 8%. However, the analyst says Ethereum has historically seen its market cap dominance bounce whenever it falls…