Author: NBTC

In what has become a chaotic week for global markets, Bitcoin surged past the symbolic $80,000 mark in overnight trading — only to be dragged back down following a dramatic reversal in narrative out of Washington, D.C. The market whipsaw began when unconfirmed reports suggested the Trump administration might offer a 90-day pause on matching tariffs related to the trade dispute with China. This rumor triggered a swift, hopeful rally across risk assets. Bitcoin punched through the $80,000 resistance level during this brief optimism. https://twitter.com/KobeissiLetter/status/1909259768398479839 Reality Bites: White House Denial, Trump Threat Reverse Gains That optimism evaporated quickly. Media outlets…

LunarCrush presents the recent Galaxy Score rankings showing the top 10 cryptocurrency assets that have gained popularity through social media and market dynamics. Community engagement, along with sentiment towards a coin, is measured through the proprietary Galaxy Score, which functions as an early momentum indicator. TOP 10 COINS BY LUNARCRUSH GALAXY SCORE$AERGO $ETH $JUP $BTC $YFI $AAVE $BNB $XMR $SKY $QUICK pic.twitter.com/Vyob5Cxtou — PHOENIX – Crypto News & Analytics (@pnxgrp) April 16, 2025 Emerging Leaders: Aergo, Ethereum, and Jupiter Aergo (AERGO) stands out as a fast and scalable hybrid blockchain that gains developer popularity through its enterprise-grade SQL backing. Businesses,…

Tuesday, Wall Street went up as investors thought about the chance of tariff relief for the auto industry. This comes after Trump hinted at potential exemptions for the 25% tariffs imposed on imports on Monday. Trump said, “I’m looking at something to help some of the car companies, where they’re switching to parts that were made in Canada, Mexico, and other places, and they need a little bit of time because they’re going to make them here.” He added, “They need a little bit of time, so I’m talking about things like that.” As a result, General Motors (GM), Stellantis…

The value of President Donald Trump’s controversial memecoin has cratered following the rollout of the White House’s new tariffs. Official Trump (TRUMP) is trading at $9.03 at time of writing and is down more than 13% in the past 24 hours. Trump signed an executive order on Wednesday that slapped a 10% baseline tariff on all imported goods entering the US, effective April 5th, with the stated goal of protecting domestic manufacturing. He also issued a proclamation detailing “reciprocal tariffs” on dozens of specific countries effective April 9th, with rates totaling up to 54% on China. The tariffs rattled global…

As Chief Legal Officer at Kraken, Marco Santori oversaw legal and regulatory compliance at one of the world’s longest-standing and most secure crypto platforms. Now, having joined the WalletConnect Foundation as a Director, Santori is getting “back to his roots,” he told Decrypt. “I wanted to focus on self custody,” Santori said, explaining that much of the growth in the crypto industry in recent years has been driven by speculation. “That’s a feature, not a bug; Satoshi was one of the first to point this out,” he added. But while speculators are the “top of the funnel for crypto adoption,”…

Bitcoin miners may be struggling as the price of the biggest cryptocurrency by market value trades sideways, and investors sell off their equity—but stablecoin giant Tether is betting big on one of the sector’s largest players, purchasing about $32 million in equity in publicly traded Bitdeer in April. An SEC filing shows Tether snapped up the shares as the price of Bitdeer’s stock dropped. Tether did not immediately respond to Decrypt’s questions, but the company has increased its interest in the Bitcoin mining space: The company bought a stake in Bitdeer last year, and in March, filings showed that it…

According to Glassnode, Bitcoin whales—entities holding over 10,000 BTC—achieved an accumulation score of approximately 1.0 earlier this month, reflecting intense buying activity. This score marks a significant deviation from the behavior of smaller holders, who are leaning toward distribution. Why Bitcoin Whales Are Buying While Smaller Holders Sell Glassnode highlighted the shift in the latest X (formerly Twitter) post. “Whales holding >10,000 BTC briefly hit a perfect accumulation score (~1.0) at the turn of the month,” Glassnote posted. Bitcoin Accumulation Score. Source: X/Glassnode This score reflected a 15-day period of intense purchasing activity. However, after this spike, the score slightly…

Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko’s price data, sUSD has dropped to $0.7924 as of Apr. 17, down more than 8% in the past 24 hours. Its market cap has fallen from $30 million at the beginning of April to $25 million as of press time. Due to the ongoing depeg, market activity has increased, as shown by the 320% rise in 24-hour trading volume to $794,081. sUSD is a synthetic asset issued on the Synthetix (SNX) protocol, backed by its native token SNX and designed…

U.S. stocks continued to seesaw as markets opened largely flat on Tuesday, following Monday’s positive close. The Dow Jones Industrial Average, the S&P 500 and Nasdaq indices were trading roughly flat an hour after Tuesday’s opening bell. On Monday, all major indices ended the day solidly in the green. Electronics related stocks had benefited from the recent exclusions for computers and smartphones among other consumer electronics. Auto stocks also soared amid news of potential tariff exemptions for car companies. However, the overall market outlook pointed to continued jitters over potential direction of tariffs – particularly the turmoil around U.S.-China trade…

Today, the cryptocurrency market remained down as a reaction to the newly announced US trade tariffs that hit the global investment industry, leading to severe effects across various financial sectors. Most crypto assets are down today, with Bitcoin’s value today down 1.42% over yesterday, currently standing at $81,974. Ethereum is also down 1.62% over the previous day, currently hovering at $1,769. Multiple major assets like BNB, SOL, ADA, and many others also recalled their prices. Despite significant declines in several assets, today’s data reported by Phoenix Group highlighted top performers in the crypto market. DAILY GAINERS$AIC +32.0% $GRASS +26.7% $USUAL…