Author: NBTC
Bitcoin (BTC) traders are closely monitoring market movements, as well-known cryptocurrency analyst “DonAlt” shared insights into the current price range and potential breakout scenarios. At present, Bitcoin is trading between $95,000 and $99,000, maintaining a defined range. Until a decisive move occurs, most traders are expected to continue operating within this boundary. It is a range – nothing more, nothing less. Until it breaks, it is business as usual for most. If BTC slips under $95,000, things could get interesting. A drop to $90,000 is not off the table, and that is where some market participants might start looking for…
A small city in Romania called Sibiu could “soon” adopt cryptocurrency, according to a casual interaction on X this morning. In particular, the Romanian city could be eyeing to “fully adopt” MultiversX (EGLD), a blockchain developed by a Romania-based team. The interaction started with xEli (@ElrondEli1) saying “the vice president of Sibiu county” liked an EGLD-related post, tagging Vlad Vasiu. “When will EGLD be fully adopted in Sibiu/Romania?,” xEli asked. Surprisingly, Vlad Vasiu, the Vice President of the Sibiu County Council (vicepreședintele Consiliului Județean Sibiu, in Romanian), according to Sibiu Independent, responded that it would be “Soon.” Nevertheless, the cryptocurrency’s…
Following the SEC’s decision to drop its case against Ripple, the company has revealed its consideration regarding its cross-appeal. Ripple recorded a major victory yesterday after Garlinghouse, the company’s CEO, declared that the SEC has agreed to drop its appeal. Although the decision still requires the commission’s approval, it marks the end of a multi-year lawsuit that has negatively impacted the company’s operations in the U.S. Recall that Ripple also filed a cross-appeal weeks after the SEC challenged Judge Analisa Torres’ decision. While the SEC has agreed to drop its appeal, Ripple has not made a decision on its cross-appeal.…
Bitcoin (BTC) price has started to consolidate above the $95,000 support after falling below the moving average lines. Bitcoin price long term forecast: bearish There was no price movement last week due to the doji candlesticks. Bitcoin price is currently trading below the moving average lines but above the $95,000 support. The price movement is consistent due to the Doji candlesticks. Bitcoin will rise if it bounces back above the moving average lines. Bitcoin will fall or be forced into a range-bound move if it is rejected at the recent high. Bitcoin price indicator analysis The price bars are below…
Ripple’s chief technology officer and co-creator of XRPL David Schwartz has taken part in Ripple’s series of educational videos called “Crypto in a minute.” He spoke of real world assets (RWA) tokenization, its benefits for users and what Ripple can offer in this sphere. The video was shared by Ripple enthusiast @BankXRP. Ripple CTO David Schwartz illustrates the efficiency gains from tokenization, https://t.co/DeUUR1Km7m pic.twitter.com/f8H0lu4NEN — 𝗕𝗮𝗻𝗸XRP (@BankXRP) February 12, 2025 “Tokenization can improve efficiency” David Schwartz recorded a short video (lasting less than a minute) about how the tokenization of the physical can help greatly improve efficiency in the real…
According to a filing in the Bankruptcy Court for the District of Delaware, the estate of crypto exchange FTX has settled lawsuits against the parents of its founder, Sam Bankman-Fried (SBF). According to the document, which was originally filed in February and appears to have been largely overlooked, the lawsuits have been dismissed without prejudice. Allan Bankman and Barbara Fried participated in critical aspects of the FTX business and its associated hedge fund, Alameda Research, that misappropriated funds from FTX customers. For years, Bankman and Fried’s ultimate culpability for actions related to the crimes of their son remained unknown. Today,…
While critical US inflation data is awaited for Bitcoin and altcoins today and investors are wondering when BTC will start to rise, Singapore-based crypto trading platform QCP Capital announced its expectations. QCP Capital analysts stated that DXY is at risk of falling, and BTC could rise in return. He said any positive news from the macroeconomic front could trigger a sharp liquidation of long positions in DXY, increasing downward pressure and leading to a decline in DXY. He also noted that a possible decline in DXY could send risky assets like Bitcoin soaring. At this point, QCP Capital stated that…
Ethereum gaming network Ronin has opened its doors for any developer to build new games, decentralized applications, or other projects in its ecosystem as part of a broader “Open Ronin” push. Previously, Ronin has operated as a curated blockchain, with the Ethereum sidechain building a reputation for prominent crypto gaming experiences and developing a die-hard fan base in the process. Ronin’s RON token has grown to become the second largest gaming chain token by market capitalization at $720 million, according to CoinGecko, since it launched in 2021. Ronin is the home to the popular farming game Pixels, strategy title Apeiron,…
President Donald Trump today urged Congress to pass stablecoin legislation. The remark was made during a video address to the Blockworks Digital Asset Summit in New York City, a historic moment as it represents the first time a sitting US president has addressed a conference dedicated to digital assets. “I’ve also called on Congress to pass landmark legislation creating simple, common-sense rules for stablecoins and market structure. With the right legal framework, institutions large and small will be liberated to invest, innovate, and take part in one of the most exciting technological revolutions in modern history,” Trump said, adding that…
Bitcoin could be headed for massive gains as key indicators highlight the chances of a new all-time highs real soon. Analyst “ShayanBTC” posted a note on CryptoQuant, highlighting a Taker Buy-Sell Ratio Reversal showing buyers are pushing back to take over control from the bears. Buyer Domination Signal The Bitcoin Taker Buy-Sell Ratio measures how aggressive market participants are acting by analyzing whether buyers or sellers are dominating futures market orders. A ratio above 1 signals that buyers are dominating the orderbook, while a ratio below 1 indicates that sellers are in control. According to ShayanBTC, the 14-day moving average…