Author: NBTC
With the Federal Open Market Committee set to announce its May 7 policy decision, Bitcoin traders face a macro‑driven inflection point that could define price action into the summer. The Federal Reserve, under Chair Jerome Powell, is all but certain to keep the fed‑funds corridor at 4.25 to 4.50 percent; CME Group’s FedWatch tool assigns a 98.2 percent probability to an unchanged stance. That near‑certainty, however, has not muffled political noise. President Donald Trump and Treasury Secretary Scott Bessent have publicly pressed for lower borrowing costs, yet Powell’s most recent public remarks on 16 April framed monetary policy as “in a wait‑and‑see mode,” adding that the labor market “is in decent…
A cryptocurrency whale has realized a $2 million loss, despite holding Ethereum (ETH), one of the top-performing assets over the past month. The unidentified trader offloaded 10,543 ETH worth approximately $26.1 million at an average price of $2,476 per coin, resulting in a $2 million loss in a sale executed in two days, according to the latest on-chain data retrieved by Finbold from Lookonchain on May 17. Details of the transaction show that the ETH was sold through a series of large swaps, most of which occurred within an hour. The trader used 1inch, a decentralized exchange aggregator, and multiple…
Coinbase (COIN) might be on the way to joining the world’s most valuable companies – at least, that is the view of Matt Hougan, Chief Investment Officer at Bitwise. In his latest post, he picked Coinbase as the number one company under $100 billion in market cap that has the best chance of hitting the $1 trillion capitalization milestone. This month, Coinbase will become the first crypto-native company ever included in the S&P 500, the most important stock market index in the U.S. Starting May 19, it will take the place of Discover Financial, which is merging with Capital One.…
Crypto media personality John Squire has boldly asserted that XRP is not dead despite recent lackluster price movements. Instead, in his view, XRP “is loading,” potentially preparing for a historic rally. In a detailed thread, Squire outlined why he believes XRP may be the most undervalued and misunderstood asset in the market. According to him, 99% of investors are not ready for what’s coming. First, he emphasized that, unlike newer, hype-driven tokens, XRP has spent the past ten years building a global payments infrastructure. Squire claimed that Ripple Payments, which uses XRP, is active in over 55 countries and works…
World Liberty Financial, the crypto business tied to President Donald Trump and his family, is pushing back against scrutiny from U.S. Senator Richard Blumenthal, the leading Democrat on a panel responsible for investigating corruption and mismanagement. “WLFI is not operating in the shadows,” according to a letter the company’s lawyers sent to the Connecticut senator. “It is building a next-generation, auditable financial infrastructure rooted in American trust, rule of law and economic leadership.” Blumenthal had targeted his own letter at co-founder Zach Witkoff — set to appear alongside fellow co-founder Zak Folkman and Eric Trump at Consensus 2025 in Toronto…
It’s tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It’s a lot to follow. Luckily,we’re plugged in at Decrypt’s GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories MapleStory N now live: MapleStory N launched on the Avalanche blockchain, marking what’s being hailed as…
As gold inches closer to the $5,000 mark, investors are turning their attention to Bitcoin. Historically, when both assets rally, Bitcoin tends to outperform — and with gold making fresh highs, analysts believe Bitcoin could be next. Kiyosaki Choose Bitcoin Over Gold and Silver “21 million is 21 million.” That’s the message from Robert Kiyosaki, author of Rich Dad Poor Dad, in a recent post on X. While he owns gold and silver mines, Kiyosaki emphasized that unlike metals, Bitcoin’s supply is permanently fixed at 21 million coins — no central bank or mining firm can produce more. This scarcity,…
The Ethereum price today is trading around $2,504, staging a mild intraday recovery after a corrective wave from the recent May 13 high near $2,660. While the asset surged sharply earlier this month, bulls now face stiff resistance as ETH consolidates below a descending trendline. Despite the current pause in momentum, the broader Ethereum price action remains bullish as long as price holds key higher support levels near $2,450. What’s Happening with Ethereum’s Price? After its breakout rally from the $1,950 zone, the Ethereum price soared more than 35% in under a week, testing the $2,660–$2,700 supply region. However, this…
According to the Bureau of Labor Statistics, the US inflation declined marginally in April, coming in below the expected value. The headline Consumer Price Index (CPI) rose by 0.2% month-on-month, against the projected 0.3%. On a year-on-year basis, the inflation also went against economists’ forecasts, from the projected CPI of 2.4% to 2.3%, indicating a less inflationary scenario than previously imagined. The core CPI, which excludes food and energy, rose 0.2% in April(MoM). However, the year-on-year core CPI remained steady at 2.8%, higher than the Federal Reserve’s 2% target. These numbers have renewed calls for the Fed to lower interest…
Over the past 24 hours, a big crypto whale has offloaded Ethereum ($ETH) in a huge amount for swaps in diverse crypto assets. As per the data from Onchain Lens, the whale has sold nearly $2.113M in $ETH to accumulate $AERO, $AIXBT, and $VIRTUAL, triggering several speculations among the crypto community members. These swaps are also significant and could raise interest in the above-mentioned crypto assets. In the past 24 hours, a whale has sold:– 1,185 $ETH for $2.113M $USDC– Swapped these $USDC for 2.92M $AERO, 3.34M $AIXBT, and 6,800 $VIRTUALFrom the $AERO, 2.44M ($1.66M) has been swapped for 996,566…