Author: NBTC
Donald Trump’s long-awaited White House Crypto Summit disappointed the crypto space. Its promises were underwhelming, and the community was undervalued. Bitcoin’s price fell slightly instead of an anticipated jump. Several Trump-aligned crypto executives praised the President’s attempts to curtail federal regulators and suggested the industry was “doomed” without his intervention. Still, this frustration hasn’t boiled over into an all-out schism yet. Trump’s Crypto Summit Fails to Deliver Donald Trump announced the first-ever White House Crypto Summit last week, and the community was expecting an opportunity for positive new regulations. Specific policy ideas and a potential guest list were hotly debated,…
Bitcoin (BTC) has been trading below $100,000 since February 5, facing continued resistance despite attempts at recovery. Recent indicators suggest that sellers have gained control, with BTC’s Directional Movement Index (DMI) showing increased bearish pressure. However, the Ichimoku Cloud points to a potential reversal if Bitcoin can break above key resistance zones. If bullish momentum returns, BTC could test the $97,756 resistance and possibly retake the $100,000 level, with $102,668 as the next target. BTC DMI Shows that Sellers Gained Control In the Last 24 Hours Bitcoin’s Directional Movement Index (DMI) shows its Average Directional Index (ADX) currently at 21.2,…
As the cryptocurrency market enters a new week, analysts and investors are closely watching several key events that could impact various altcoins. Crypto analyst The DeFi Investor has highlighted the key developments to keep an eye on, including ETF deadlines, governance proposals, and network launches. Here’s what’s on the radar: Solana (SOL): ETF Approval Deadline Nears The next approval date for the Solana exchange-traded fund (ETF) is set for March 11. Investors are monitoring potential regulatory updates, as ETF approvals could significantly impact Solana’s market performance and adoption. AAVE (AAVE): sGHO Savings Product Offer The AAVE DAO is currently discussing…
The odds of Kanye West launching a token by the end of February suddenly spiked to 83% as rumors circulated of a new YZY ticker in the making. In the past few days, the odds of a launch expanded more slowly to about 45%. On Polymarket, the odds of a new Kanye West meme token suddenly spiked to 83% following rumors of an upcoming launch. Later, the odds decreased to 80%, while the market retained volumes above $9.3M. The prediction market spiked within minutes, later retreating to 61% for ‘Yes’ tokens. | Source: Polymarket The market resolution was not imminent,…
Trump Sues Capital One After Slamming Bank of America, JPMorgan Chase Over Abrupt Bank Account Terminations
The Trump organization just filed a lawsuit against US banking giant Capital One, accusing the lender of unjustly terminating more than 300 of the firm’s bank accounts. The suit claims the closures were driven by political bias, targeting the Trump family’s conservative affiliations back in 2021. “Plaintiffs have reason to believe that Capital One’s unilateral decision came about as a result of political and social motivations and Capital One’s unsubstantiated, “woke” beliefs that it needed to distance itself from President Trump and his conservative political views. In essence, Capital One “de-banked” Plaintiffs’ Accounts because Capital One believed that the political…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion, moving within an intraday range of $94,805 to $99,262 as technical indicators suggest consolidation with a bearish bias. Bitcoin The daily chart reflects a continued downtrend, with bitcoin forming lower highs and lows after peaking near $109,356. Key support sits around $89,164, while resistance is evident near $98,000 to $100,000. The presence of bearish engulfing candles signals ongoing selling pressure, although volume remains moderate. If bitcoin fails to hold above $94,000, a retest of lower support levels is likely. Conversely,…
Berachain has risen through the rankings to achieve the 5th largest network based on Total Value Locked (TVL). The DeFi TVL rose from $2.3B to almost $7B in one month, which put it ahead of Base and Arbitrum and Sui in TVL growth. Berachain becomes the 5th largest chain by TVLIn just a month, @Berachain DeFi TVL surged from $2.3B to nearly $7B, surpassing Base, Arbitrum, and Sui.@Dolomite_io TVL jumped 200%, @KodiakFi nearly doubled, and @InfraredFinance reached $2B, now accounting for 29% of… https://t.co/M9bq0TKsNR pic.twitter.com/n0wpVvsAwW — CryptoRank.io (@CryptoRank_io) March 9, 2025 Proof of Liquidity (PoL) represents the consensus mechanism of…
A total of 20,423,263 SHIB have been shifted in one swoop, attracting the attention of the Shiba Inu community. Shibburn, an X account that tracks Shiba Inu burns, has reported a huge burn transaction in which 20,423,263 SHIB tokens were transferred to a dead wallet. 🔥 20,423,263 $SHIB -> transferred to dead wallet. https://t.co/GOC8MxFVfV — Shibburn (@shibburn) February 21, 2025 A dead wallet, also known as a burn address, is one from which tokens cannot be recovered or spent. Assets sent to this form of wallet are effectively removed from circulation permanently. This move is part of a deliberate deflationary…
A court in Georgia has ordered the imprisonment of Mission Gate founder and venture capitalist George Bachiashvili, who is currently on trial for allegedly embezzling investment profits from former Georgian PM Bidzina Ivanishvili. Bachiashvili had previously been given bail of 2.5 million GEL ($900,000), but the Georgian Ministry of Internal Affairs reports that the investor had crossed the border into Armenia on March 2, violating the bail’s conditions. Judge Giorgi Gelashvili has upheld the prosecution’s motion to hold Bachiashvili in custody as a result, saying that the bail violation justifies a more stringent detention measure. According to Georgian television channel…