Author: NBTC
In a landmark move for the cryptocurrency industry, US President Donald Trump announced the creation of a Crypto Strategic Reserve that includes Bitcoin, Ethereum, Solana, XRP, and Cardano. The announcement, made via social media, immediately sent shockwaves through the digital asset market, with major cryptocurrencies experiencing significant price increases. US Artificial Intelligence and Crypto Chief David Sacks hinted that more announcements could be made at the upcoming crypto summit on Friday: “President Trump announced a Crypto Strategic Reserve comprised of Bitcoin and other major cryptocurrencies. This is consistent with EO 14178, which he issued a week ago. President Trump is…
Fundamental investors tracking XRP have more reason to cheer as a planned set of features aims to make the XRP Ledger, the network underpinning that token, even more appealing for institutional usage. XRP prices are up 2.2% in the past 24 hours, outperforming a 1.1% decline in bitcoin following Tuesday’s market carnage. Ripple said in a Tuesday update the XRP Ledger network will build out more compliance functions and expanded lending, among other features, to let institutions meet regulatory requirements and offer new lending options. These include flexible tokens, a lending system, an EVM sidechain, and permissioned settings that take…
Ethereum has fallen below $2,100, hitting its lowest level since December 2023 as Trump tariff concerns rattle markets. The cryptocurrency is down 15% in the past 24 hours, trading at $2,063, according to crypto.news price data. The drop follows a short-lived rally after Donald Trump’s March 2 announcement of a U.S. Crypto Strategic Reserve, which briefly pushed ETH above $2,500. However, Trump’s confirmation that fresh tariffs on China, Canada, and Mexico will go into force on March 4 has caused market sentiment to shift, raising concerns about broader economic instability. The announcement caused Ethereum’s (ETH) price to plummet, dropping below…
The interactions between Ethereum and Solana will gain a massive boost with the Rome and AggLayer partnership. With a focus on cross-chain interoperability, user security and liquidity will be improved across both chains. Rome Protocol, a blockchain platform that modularizes Solana’s consensus into a service, recently formed a strategic partnership with Polygon Labs. Under this partnership, Rome will integrate Polygon’s AggLayer to enable seamless interoperability between Ethereum and Solana. Integration Between Rome Protocol and Polygon Rome Protocol’s collaboration with Polygon is geared towards a shared vision of creating a unified liquidity layer between integrated ecosystems. This collaboration gives developers access…
A Strategic Bitcoin Reserve Bill is heading towards a full vote after passing in the Oklahoma State House Committee, despite BTC’s recent drop below $90,000. According to a state document, the Strategic BTC Reserve bill has been recommended to pass by the Oklahoma State House Committee. The bill passed with a majority vote of 12 to 2. It will now proceed to the full voting stage in the House of Representatives. Known as House Bill 1203, the bill would allow the state treasury to invest 10% of its public funds into Bitcoin (BTC) or other digital assets at a market…
Ethereum (ETH), the second-largest cryptocurrency by market cap, has experienced significant price fluctuations, leaving investors and enthusiasts asking, why is Ethereum price down today? As of Tuesday, March 04, 2025, the crypto market remains as volatile as ever, and Ethereum is no exception falling to the psychological support of $2,000. At the time of writing, Ethereum is changing hands at just under $2073, after previously establishing a daily low at the $2000 level, testing its 16‑month lows from November 2023. This follows a highly volatile period: on Sunday, the price rose by 14%, only to drop by 15% on Monday.…
President Donald Trump’s announcement of a U.S. Crypto Strategic Reserve, with cryptocurrencies such as XRP, Solana (SOL), and Cardano (ADA), has drawn sharp criticism from Bitcoin advocates and financial experts. While making the announcement, the President said the Crypto Strategic Reserve is meant to strengthen the crypto industry, which he claims was weakened under the previous administration. Upon announcement, XRP, SOL, and ADA steamed to impressive price pulls, which triggered direct market reciprocations. XRP is up 37%, SOL has increased by 23%, and ADA has soared 68%. Bitcoin Advocates are not happy with the reserve’s composition Samson Mow wrote on…
Not all pullbacks are created equal, and Litecoin (LTC) is proving that today. As the cryptocurrency market just survived another round of massive and very painful corrections and billions worth of liquidations, the price of Bitcoin (BTC) lost almost 10% and fell as low as $85,000. Alternative cryptocurrencies, including Litecoin, were not spared and experienced an even more severe decline during these days. However, as the dust settled and assets began to recover a bit, the price of Bitcoin recovered 3.93%, bringing it back to $89,400. Meanwhile, Litecoin saw a recovery of nearly 20%, going from a low of $106…
John Bollinger is not buying into the bear market panic just yet. The man behind the well-known Bollinger Bands indicator, a tool many traders swear by, recently shared his take on Bitcoin’s latest price drop. His message? Hold off on calling it a bear market – at least for now. Bitcoin has been on a rough ride. Crashing down to $85,000, dragging altcoins with it, it has left many on the market rattled. The Fear and Greed Index is down to 29, a level of fear we have not seen since September 2024. The narrative is shifting, with traders whispering…
Approximately $5 billion in bitcoin (BTC) options contracts are set to expire on Deribit this Friday at 08:00 UTC, adding to an already volatile crypto market. Bitcoin’s prolonged consolidation had kept Deribit’s volatility index (DVOL) in a downward trend throughout 2025. However, after bitcoin’s sharp decline, DVOL spiked to 52 before retreating back below 50—signaling a temporary surge in market uncertainty. The recent price drop below $90,000 has left a majority of options out-of-the-money (OTM) and traders facing significant unrealized losses. An option allows the holder the right, but not the obligation, to buy or sell an underlying asset at…