Author: NBTC

Bitcoin trades near the $97,000 mark, up almost 3% in the past 24 hours and bouncing strongly from March lows around $74,000. This price surge comes as significant global economic developments unfold, mainly China’s aggressive move to ease its monetary policy and rising hopes for a thaw in US-China trade tensions. China Injects 1 Trillion Yuan, Boosting Bitcoin’s Appeal At a high-profile press conference on May 7, People’s Bank of China (PBOC) Governor Pan Gongsheng announced a 0.5% cut in the reserve requirement ratio (RRR) and a 0.1% reduction in policy interest rates. About 1 trillion yuan (roughly $138 billion…

Zaros, one of the decentralized finance (DeFi) projects, announced that it has decided to terminate its activities due to insufficient funds. In the official statement made by the project team, it was stated that many methods such as transformation, extending the financing chain and evaluating strategic options were tried in order to continue the project in the last five months, and that sustainable financing could not be achieved despite all efforts. The Zaros team stated that two main factors played a role in the failure of the project: the product was released entirely at once, rather than in modules, and…

Ethereum prices have surged by over 19% in the past day, reaching almost $2,500 as a general crypto market resurgence continues. Amidst investors’ euphoria, prominent crypto analyst and OKC Partner Ted Pillows has tipped the prominent altcoin to sustain its bullish form, reaching a market price of $12,000 in 2025. Institutional Adoption, DeFi Status To Drive Ethereum Market, Among Others In an X post on May 9, Ted Pillows provided some valuable insights into the bullish potential of the Ethereum market. The angel investor and KOL stated there are five reasons ETH investors should be expecting profits of about 600%…

Get ready for a significant moment at the crossroads of cryptocurrency and traditional finance! DeFi Technologies, a key player in the digital asset space and the parent company behind the Swiss-based crypto ETP provider Valour, has just announced a groundbreaking development: they’ve received approval to list on the prestigious U.S. Nasdaq Capital Market. This isn’t just another corporate announcement; it’s a powerful signal about the increasing legitimacy and integration of crypto-native companies into mainstream financial markets. Trading is set to commence on May 12 under the ticker symbol “DEFT,” marking a new chapter for the company and potentially paving the…

Uniswap price surged sharply as the crypto market erupted on May 8, with the decentralized exchange’s native token spiking 17% to hit its highest level in two weeks. With cryptocurrencies in upward mode as Bitcoin (BTC) reclaimed the $100,000 mark, Uniswap (UNI) soared above $5.50. The gains had Uniswap in vertical mode amid a spik in daily volume, with the altcoin seeing more than $214 million traded in the past 24 hours to represent a 70% increase. Bitcoin’s rally to $100,000 could provide new momentum. However, analysts at market intelligence platform Santiment caution that it could be a “double-edged sword.”…

Bitcoin (BTC) got close to hitting $97,000 on Tuesday, but it encountered resistance and dipped. This move comes as markets get ready for a potentially volatile trading period, with the U.S. Federal Reserve set to announce its interest rate decision later today. Most market participants expect a pause in rate hikes. Attention will also be on comments from Federal Reserve Chair Jerome Powell, whose guidance may influence risk sentiment moving into the second half of the week. On the big-picture level, recent GDP data printed a negative figure, raising concerns about underlying economic momentum. In this kind of environment, it…

Cryptocurrency investor and well-known figure James Wynn has claimed to have made over $41.69 million in total profits this year through decentralized cryptocurrency trading platform HyperLiquid. In a statement on social media, Wynn said: “I have made a total profit of $41,696,589.75 since I started trading on HyperLiquid this year. My next goal is $1 billion. Not for the money, but to leave a legacy. It is probably not possible to reach that goal this cycle unless I take heavy short positions at the tops. I don’t think there is anyone else with my wealth who is willing to increase…

A slew of tech bros—including the richest man in the world, Elon Musk—have adopted Mog Coin’s crypto-famous branding, apparently leading the Ethereum and Base token to pump 51% on the week, per data from CoinGecko. Mog Coin (MOG) is a meme coin referencing the slang phrase “mogging” or “to mog,” a term that originated on controversial image board 4Chan in 2016, according to KnowYourMeme. Put simply, it means to dominate somebody or something, often via physical strength or good looks. However, the meme coin took this phrase and evolved its meaning to “effortless cosmic domination,” while adding viral branding of…

Bitcoin, Ethereum, and Solana are making news as a crypto whale has deposited $13 million in USDC into the decentralized exchange Hyperliquid. The money was invested into opening short positions on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) using 5x leverage or placed in a $65 million leveraged bet against the prevailing bullish market trend. A whale deposited 13M $USDC to Hyperliquid to short $BTC, $ETH and $SOL with 5x leverage.https://t.co/ix4TmncXUn pic.twitter.com/YUsb3RTV3f — Lookonchain (@lookonchain) May 10, 2025 Betting Against the Momentum This is evident as Bitcoin has recently surpassed $103K, and Ethereum has jumped by 23% following its successful…

BTC Inc, parent company of Bitcoin Magazine and The Bitcoin Conference, is putting Bitcoin to the ultimate test at this year’s Bitcoin 2025 conference with an official attempt to break the GUINNESS WORLD RECORDS® title for the Most Bitcoin Point of Sale Transactions in 8 Hours. The attempt will take place live during the conference at the Venetian Conference Center in Las Vegas from May 27–29, 2025. To make this possible, BTC Inc will issue 4,000 Lightning-ready Bolt Cards to attendees. The cards use tap-to-pay functionality and feature four limited-edition designs, each honoring a major figure in Bitcoin history and…