Author: NBTC
January 2025 was a busy month for the crypto industry. This period experienced several cryptocurrency launches, which added increased enthusiasm in the market. Several launched assets saw tremendous rises indicated by their market caps. Today, CryptoRank.io shared a list of the top 10 major digital assets with the biggest market valuations launched last month. Top 10 Tokens Launched by Market Cap in JanuaryApart from $TRUMP and $S, January saw few newly launched tokens surpassing $1B+ market cap. Instead, attention shifted toward tokens from @pumpdotfun and @virtuals_io, where lower-cap tokens are being launched and actively traded. pic.twitter.com/ja7NeamW88 — CryptoRank.io (@CryptoRank_io) February…
Elizabeth Warren said on Wednesday that Trump plans to remove Federal Reserve Chair Jerome Powell from his post, calling it part of a purge that could rattle financial markets and blow up the idea of independent oversight in government. In an interview with Bloomberg Television, Elizabeth, who represents Massachusetts in the Senate, said, “Nobody is safe, not even the chairman of the Federal Reserve,” and warned that Trump’s interpretation of executive power means “all the power belongs to the king.” Elizabeth made the statement in Washington, D.C., just hours after Powell met with Treasury and Fed officials on the inflation…
Bitcoin oscillated between $95,850 and $96,234 in the past sixty minutes, boasting a valuation of $1.917 trillion, a global volume footprint of $47.52 billion, and a daily price spectrum stretching from $95,850 to $99,131. It now lingers 11% beneath its historic lifetime price high. Bitcoin The hourly chart reveals price stabilization with modest declines as bitcoin falters near pivotal resistance barriers. The relative strength index (RSI) hovers at 43, reflecting equilibrium, while the moving average convergence divergence (MACD) at -348 hints at persisting bearish tendencies. A commodity channel index (CCI) of -138 flashes a buy alert, implying temporary undervaluation, and…
Cryptocurrencies are becoming a central investment choice for Millennials and Generation Z. According to the Global Retail Investor Outlook 2024 of the World Economic Forum (WEF), a growing portion of young investors allocates over half of their portfolio to digital currencies. This trend is not a temporary phenomenon but reflects a broader change in how the new generations approach financial risk, trust, and investment planning. The report, based on a survey conducted on 13,000 individuals in 13 countries, reveals surprising data: 62% of Millennials have at least a third of their portfolio in cryptocurrencies, while 35% of Gen Z invests…
The strategic launch of the Berachain (BERA) coin on Thursday has gained significant attention from the crypto trading community. The Ethereum (ETH) rival sent shockwaves to the crypto industry after announcing an airdrop of 79 million BERA coins, worth more than $632 million and representing 15.8 percent of the token’s total supply, to the community on Thursday. Berachain, a high-performance EVM-identical L1 blockchain secured via Proof-of-Liquidity (PoL), intends to disrupt the global web3 ecosystem backed by reputable investors led by Hack VC, Polychain, Framework Ventures, and Brevan Howard Digital, among others. BERA Price Prediction for Short and Long-Term The mid-cap…
A California federal judge has dismissed a class action lawsuit against Dfinity, the crypto firm behind Internet Computer (ICP), ruling that investors’ claims the firm sold unregistered securities are barred by time limitations, having been sent one year and six months late. U.S. District Judge James Donato granted Dfinity’s motion to dismiss Tuesday, finding the case “time-barred” under the Securities Exchange Act’s three-year statute of repose. The court sided with Dfinity’s argument that it first offered ICP tokens to the public in February 2017, placing the August 2021 investor lawsuit outside the required timeframe. Law360 first reported the news. The…
Ethereum has made a slow but steady attempt at recovering from the significant 33% price loss observed toward the end of February. The recent recovery is being largely driven by investor confidence, with many accumulating ETH at current low levels. These investors are anticipating an eventual price uptick, hoping to capitalize on Ethereum’s potential growth. Ethereum Finds Investor Support Ethereum’s supply on exchanges has decreased by 635,000 ETH in the last six days, representing a value of over $1.28 billion. This drop in supply reflects a strong accumulation phase by investors who are purchasing ETH at the low price levels…
Bitcoin is showing signs of weakness, as it is fluctuating between $95,850 and $97,729 in the past hour. It holds a market value of $1.917 trillion with a global trading volume of $47.52 billion. Its daily price range has been between $95,850 and $99,131, currently sitting 11% below its all-time high. While many are expecting a recovery soon, there are hurdles on the way as predicted by 10X reserve let’s dive into the insight. Who Is Selling #Bitcoin?What will happen when the #Altcoin selling stops?👇1-14) Our Bitcoin trend model turned bearish on February 2, while the Diamond Top pattern shows…
Market-making on-chain trades is mysterious and important — and lucrative, too. The problem, according to pseudonymous trader Grug, is that crypto protocols with valuable order flow are leaving money on the table. Grug’s company Warlock Labs just raised $8 million in venture funding for what he believes is the solution: a proprietary trading firm that uses on-chain data to prove it is processing order flow responsibly. The two-year old company is set to enter the complex blockchain pipes that facilitate trading on Ethereum. Here, an army of savvy operators offer kickbacks to protocols in exchange for the chance to process…
The U.S. Federal Reserve is making progress in exploring how to add Ripple’s XRP technology into its FedNow payment system, with a focus on Ripple USD (RLUSD). It’s important to note that RLUSD is a proposed stablecoin from Ripple, pegged 1:1 to the U.S. dollar. It’s not the same as XRP, the cryptocurrency. This move is meant to use blockchain technology to boost transaction speed, reduce costs, and increase efficiency within the Federal Reserve’s real-time payment network. 🚨 BREAKING: The Federal Reserve is set to integrate #XRP into the FedNow payment system! pic.twitter.com/xpT44USQxh — Levi | Crypto Crusaders (@LeviRietveld) February…