Author: NBTC

Ethereum continues to consolidate just below a key resistance zone following an impressive rally from earlier this month. While price remains technically bullish, ETH has yet to confirm a breakout above this critical level. Technical Analysis The Daily Chart On the daily chart, ETH is trading just below the confluence of the 200-day and the $2,800 supply level. Yet, the 100-day moving average is currently below the asset, providing support just below the $2,100 demand zone. With the price being trapped between these two moving averages, a breakout to either side could be the beginning of a new impulsive move.…

New York Mayor Eric Adams continued his push to shepherd the crypto community to the Big Apple on Wednesday, calling for the creation of a Bitcoin Bond in the city and the removal of its controversial BitLicense requirements. “New York is the Empire State. We don’t break empires—we build empires. We’re saying to you: come back home,” he said during a stop at the Bitcoin 2025 conference. “You have a mayor who is the crypto mayor, is the Bitcoin mayor, and I want you back in the city of New York, where you won’t be attacked and criminalized. Let’s get…

The Libra meme coin scandal, which rocked the cryptocurrency market and global politics earlier this year because of its association with Argentine President Javier Milei, has taken another turn. USDC accounts belonging to two wallets tied to the Libra meme coin team and token deployer were frozen on Tuesday, locking up nearly $58 million worth of stablecoins on Solana that can no longer be sold or transferred.  The accounts, tagged as frozen on Solana block explorer Solscan, maintain $44.59 million and $13.06 million in USDC, a stablecoin issued by Circle that is pegged to the value of the U.S. dollar. …

Donald Trump made it clear from the White House on Wednesday that he has no regrets about his latest tax bill, even after sharp public complaints from his so-called best friend Elon Musk. The president brushed aside Elon’s criticism during a press briefing, saying the administration needed broad Republican backing in Congress to pass the legislation. “Number one, we have to get a lot of votes,” Trump told reporters. “We can’t be cutting — you know, we need, we need to get a lot of support.” The backlash came after Elon told CBS News he was “disappointed to see the…

Crypto prime broker Hidden Road launched a new digital asset swaps prime brokerage offering specifically for the U.S. market. The new service allows U.S.-based institutional clients to trade cash-settled over-the-counter (OTC) swaps across a wide range of prominent digital assets. These transactions will be handled through Hidden Road Partners CIV UK Ltd, the firm’s FCA-regulated entity. In addition to execution, the brokerage will provide cross-margining and financing services, expanding the trading and capital efficiency options available to institutional players. Opening Global OTC Crypto Flows Michael Higgins, Hidden Road’s International CEO and Global Head of Corporate Development, pointed to a persistent…

In the world of blockchain, hashing plays a silent but critical role. Without it, the trustless systems that power Bitcoin, Ethereum, and other cryptocurrencies wouldn’t exist. But how does a hash help secure blockchain technology in the first place? Let’s break it down in plain language — and uncover why this mathematical mechanism is one of the blockchain’s most powerful security tools. What Is a Hash in Blockchain? A hash is a short, fixed-length string of characters generated by a hash function. It turns any input — like a transaction, a block, or even a full document — into a…

At the 2025 Bitcoin Conference in Las Vegas, the Executive Chairman & Board Member of American Bitcoin Mike Ho, the CEO of American Bitcoin Matt Prusak, the founder of Altcoin Daily Aaron Arnold, Donald Trump Jr. and Eric Trump discussed the future of Bitcoin and their views. Eric Trump started the panel by saying, “we are bringing Bitcoin to America and America is going to win the crypto revolution.” Donald continued by mentioning the $2.5 billion bitcoin treasury. “All the announcement yesterday, True Social and TMTG committing $2.5 billion to a bitcoin treasury,” stated Trump Jr. “Then the trifecta of…

BIMA, a decentralized finance protocol focused on Bitcoin-backed stablecoins and yield strategies, has partnered with exSat, a Bitcoin banking provider and layer-2 network, to help accelerate the adoption of Bitcoin-based DeFi. The two platforms announced their strategic partnership on May 28, 2025 amid the high-profile Bitcoin (BTC) conference in Las Vegas, BIMA and exSat’s quest to bolster Bitcoin’s decentralized finance ecosystem begins with an initial deployment of $100 million in BTC. Growth will see the platforms scale this deployment from 1,000 BTC to over 5,000 BTC worth $500 million. BTC-backed stability, now in Vegas ⚡ pic.twitter.com/9XBRiNydbV — BIMA (@BimaBTC) May…

Ethereum News Today: Is a $5,000 Target Realistic? Ethereum (ETH) is trading around $2,635 as of May 28, 2025, consolidating near a key support zone at $2,535. The market is buzzing again, and all eyes are now on whether Ethereum can reclaim higher levels and possibly hit $5,000 in the coming months. With strong technical signals and a healthy market structure, this Ethereum news sparks bullish speculation among traders and long-term investors. For real-time ETH/USD data, visit the live price chart. Technical Outlook: Ethereum Chart Analysis Ethereum has surged past the 50-day Simple Moving Average (SMA), currently sitting near $2,057,…

Elon Musk confirmed Wednesday that he is stepping down from his position at the Department of Government Efficiency (DOGE), the Trump agency he helped launch to combat federal waste. “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President Donald Trump for the opportunity to reduce wasteful spending,” Musk posted on X. “The DOGE mission will only strengthen over time as it becomes a way of life throughout the government.” The move was widely expected. As a Special Government Employee, Musk was capped at 130 working days per year—a threshold he…