Author: NBTC

Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday’s strong jobs report. The leading cryptocurrency by market value dipped below $93,000 during the European hours, representing a 1.6% drop on the day, according to data source CoinDesk. Prices looked set to test the support zone near $92,000, which has consistently acted as a floor since late November. The CoinDesk 20 Index, a broader market gauge, was down over 3%, with major coins like XRP, ADA, and DOGE posting bigger losses. In traditional markets, futures…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Donald Trump begins his second term as President of the United States on Monday, and after an expensive campaign season, crypto will finally get its president. Bitcoin gained momentum following Trump’s victory, largely due to his pledge to create a strategic bitcoin reserve that would see the US Treasury Department accumulate nearly 5% of all bitcoin. But Trump taking office may still reap benefits for a less reserve asset and more use case focused network in Solana, industry participants say. SOL is up 19% on the week…

The altcoin community is excited as several significant token unlocks are expected to occur from January 17 to January 22, 2025. These could have massive consequences for market directions and investment approaches because these projects release millions of tokens into circulation. The top of the list is occupied by Apecoin (APE) and Ancient8 (A8), while others include Manta Network, UXLink, and Space ID. MAJOR UPCOMING TOKEN UNLOCKS#ApeCoin $APE #Aancient8 $A8 #MantaNetwork $MANTA #UXLINK $UXLINK #Fusionist $ACE #Pixels $PIXEL #Polyhedra $ZKJ #MerlinChain $MERL #SPACEID $ID pic.twitter.com/mH4LW748xI — PHOENIX – Crypto News & Analytics (@pnxgrp) January 17, 2025 Apecoin (APE): Leading the…

Max Keiser, a prominent Bitcoin maximalist and currently the BTC advisor to El Salvador’s president Nayib Bukele, has shared his take on why Bitcoin keeps tanking now despite major bullish drivers. Among them are MicroStrategy’s recent frequent BTC purchases. After dropping from almost $102,000 to slightly below $93,000 between Jan. 7 and 9, the world’s primary cryptocurrency Bitcoin has recovered the $95,700 level and has been moving in the range near $95,000. Over the past 24 hours, BTC has lost 2.57% and is changing hands at $92,933 as of this writing. The main reasons for this lengthy correction have been…

World Liberty Financial, the crypto project backed by the family of U.S. President-elect Donald Trump, plans to acquire tron (TRX) tokens for its treasury, according to a person familiar with the matter. The prospective move would deepen World Liberty Financial’s close ties to the Tron empire. Its founder Justin Sun already advises Trump’s crypto project. He’s also single-largest holder of its WLFI token, having bought $30 million in November. It’s not clear how much TRX World Liberty plans to add to its reserve of cryptocurrencies. World Liberty’s raised $90 million from sales of WLFI. Its previously parked seven-figure sums in…

As Bitcoin continues to solidify its position as a dominant force in the financial markets, predictions regarding its 2025 price trajectory are pouring in from top analysts and major financial institutions. Here are some organizations and analysts’ Bitcoin price predictions for 2025. Fundstrat’s famed Bitcoin bull Tom Lee remains extremely optimistic, predicting that Bitcoin could surge to as high as $250,000 by 2025. Matthew Sigel, head of digital asset research at VanEck, expects Bitcoin to reach $180,000. His forecast is based on Bitcoin’s role as a hedge against inflation and its growing appeal to institutional investors. Robert Kiyosaki, author of…

TL:DR; With just days left until he steps into office, Donald Trump has once again taken the crypto community’s focus. This time, it’s because he has evidently launched a meme coin that has already soared in value and is among the top 40 largest altcoins by market cap. Trump’s Official Meme Coin It’s safe to say that the crypto community has seen a lot of strange things in the past decade, especially when it comes down to meme coins. After all, there are some based on dogs, cats, famous frog characters, dead squirrels, and so on. However, it’s not every…

Though the current state of the market indicates it may not happen anytime soon, Bitcoin’s journey to $100,000 has been a hot topic. The $60,000-$70,000 range that dominated the majority of 2024 is being compared to the current market by analysts. Range trading dominates With buyers stepping in near $90,000 to profit from dips, Bitcoin appears to be trapped in a narrow trading range (BTFD). Because the $90,000 zone is a strong support and closely aligns with the 50 EMA, this strategy has proven to be successful. The $100,000 mark has developed into a technical and psychological barrier where traders…

Dolomite, a popular DeFi protocol for borrowing and lending, has announced an exclusive development. As per Dolomite, the platform is upgrading to the Chainlink standard to get confirmable market data for further ecosystem growth. The company revealed this development on its official social media account. Build member @Dolomite_io has adopted Chainlink Price Feeds to upgrade the security of its lending markets for GLV [BTC-USD] & GLV [ETH-USD]—receipt tokens representing holdings in @GMX_IO Liquidity Vaults.Price Feeds provide increased reliability & uptime for Dolomite, helping… https://t.co/G3HeOAEmHo pic.twitter.com/5lGOoWBxsZ — Chainlink (@chainlink) January 31, 2025 Dolomite Adopts Chainlink Standard for Confirmable Market Data Dolomite…

Crypto analyst Max has revealed that the Ethereum price is at a critical junction, which could determine its trajectory going forward. The analyst remarked that ETH faces a ‘moment of truth’ and explained that the crypto could enter a bearish phase if it doesn’t complete a particular pattern. Ethereum Price Faces Moment Of Truth After ETH’s Crash Toward $3,000 In an X post, Max stated that the Ethereum price faces a moment of truth right here following ETH’s crash to around $3,000. The crypto analyst added that if ETH doesn’t complete its famous “ultra-scary 3 drive into the lows” pattern…