Author: NBTC
Bitcoin (BTC) dominance has risen to nearly 60%, approaching a four-year high, according to QCP Capital’s market outlook. Despite trading sideways for a while, BTC remains resilient in the face of recent macroeconomic data. Bitcoin Dominance Nears 4-Year High as Market Awaits Policy Clarity QCP analysts note that open interest (OI) in the crypto options market has not improved following the January-end expiration, suggesting that traders and institutional investors are hesitant to take new positions until concrete policy changes emerge. “The crypto options market is waiting on the sidelines for concrete policy changes rather than just pro-crypto rhetoric,” QCP said.…
Spot On Chain revealed that whales accumulated DeFi tokens – UNI, AUCTION, and MKR today. The AUCTION token price surged 25% today, while UNI and MKR recorded slight improvements in their market prices. The crypto market is showing no significant gains today. The price drop triggered by global trade tensions and macroeconomic conditions is still having an effect on the market. While Bitcoin couldn’t climb past $83K, altcoins are also recording dull market performance. Meanwhile, a few tokens are witnessing price gains, such as BNX, CAKE, OKB, and BERA. Top on-chain tracking platform Spot On Chain reported significant whale accumulation…
Francois Villeroy de Galhau, the governor of Banque de France and the European Central Bank Governing Council’s member, believes U.S. president Donald Trump is making a huge mistake by supporting cryptocurrencies. In an interview with French weekly La Tribune Dimanche, Villeroy de Galhau said that the U.S. might be paving the way for the next financial crisis by embracing cryptocurrencies and non-bank finance. He said that, “The United States risks sinning through negligence,” adding that: “Financial crises often originate in the United States and spread to the rest of the world. By encouraging crypto-assets and non-bank finance, the American administration…
Around 3% of the total MELANIA token supply will start unlocking after Feb. 20. The tokens worth $39 million were allocated to the MELANIA team at the start of the launch. According to the token allocation rules on the official site, 10% of the tokens allocated to the team behind the official Melania Trump token will start unlocking 30 days after its launch date. This 10% consists of around 30 million MELANIA (MELANIA) tokens or 3% of the meme coin’s total supply. The MELANIA token officially launched on Jan. 20, mere hours before the inauguration of President Donald Trump. Meanwhile,…
Imagine a world where every dollar you spend is tracked, approved, or denied in real time by a government agency. You attempt to send money to a friend for a political donation, but the transaction is blocked because the recipient is on a government “watch list.” You buy a book critical of a powerful politician and your account is flagged for review. This dystopian future sounds outrageous but it’s the logical endpoint of a fully government-controlled and monitored monetary system for which some prominent U.S. policymakers advocate. Its defenders argue that such a government-omniscient system would prevent crime. In reality,…
According to recent data from IntoTheBlock, Bitcoin (BTC) no longer moves in lockstep with the S&P 500. The correlation has reached zero, something that has not happened since November 2024 – just before the cryptocurrency surged past $100,000 per BTC. It is unknown how long such a divergence can last and if the positive effect we saw in November will be repeated this time. One good thing is that with all the important macro data coming out recently, perhaps the cryptocurrency market will find easier conditions, as, for example, the recent hotter than expected CPI data significantly affected Bitcoin and…
PancakeSwap leads the DEX market with $3.02B in 24-hour trading volume, expanding multi-chain support and security features. New innovations like SpringBoard and Orbs’ Layer 3 enhance PancakeSwap’s ecosystem, making it more accessible and efficient for DeFi users. The PancakeSwap platform has seen trading volume exceed $3.02 billion in the last 24 hours, making it the most active decentralized exchange (DEX). PancakeSwap is currently clearly leading the DeFi market with an indisputable expansion above its rivals. Still, what is actually fueling this explosion? PancakeSwap’s Multi-Chain Growth Brings New Opportunities This volume increase is not only the outcome of market momentum. PancakeSwap…
Coinbase is deepening ties with 145 U.S. government entities as the nation accelerates bitcoin adoption, signaling unprecedented institutional demand and a seismic shift in crypto policy. Coinbase Strengthens Ties With Governments as US Embraces Bitcoin Coinbase CEO Brian Armstrong highlighted the company’s expanding partnerships with government entities in a social media post last week. He shared: Across federal, state, and local, Coinbase now works with 145 government entities in the U.S. and 29 government entities outside the U.S. In the wake of the U.S. Strategic Bitcoin Reserve launching, we’re seeing many more take an interest. Emphasizing the company’s mission to…
The long-running legal tussle between Ripple and the US Securities and Exchange Commission (SEC) is dragging into overtime. The case is reportedly getting into a last-minute fight as both parties should be deciding over the terms. Reports revealed that two well-placed sources expect that final negotiations might be underway. However, crypto lawyer Jeremy Hogan suggests that the only way it could be resolved soon is through a private settlement agreement. Hogan hints at a private deal to skip court date Jeremy Hogan in an X post mentioned that the SEC and Ripple could privately agree on settlement terms. This move…
Bitcoin (BTC) remains consolidated in a tight trading range between $94,000 and $100,000, struggling to establish clear momentum amid lingering market uncertainty. At press time, BTC is trading at $96,907, posting a modest 0.16% gain. However, investor sentiment remains fragile, with U.S. spot Bitcoin ETFs recording a $430 million net outflow last week, marking a decline in institutional demand and adding pressure to BTC’s price action. Finbold AI predicts Bitcoin price target for March 1 As Bitcoin struggles to break free from its current range, Finbold’s AI-powered prediction tool has provided an updated outlook for its trajectory leading up to…