Author: NBTC
While Bitcoin rebounded toward $80,000 after Monday’s tariff-driven dip near $74,000, Bybit co-founder and CEO Ben Zhou suggested the real catalyst for the next major surge might come from China, echoing recent analysis from Arthur Hayes. Zhou highlighted the potential devaluation of the Chinese Yuan (RMB) by the People’s Bank of China (PBOC) as a primary factor to watch. Chinese Yuan Devaluation Spotlighted He argued a sharp RMB depreciation, potentially used to counter U.S. tariffs and maintain export competitiveness, has historically triggered significant capital flight into Bitcoin. He warned traders, “Ignore China at your own peril,” reinforcing Bitcoin’s role as…
Global markets are again under pressure following an escalation in U.S.–China trade tensions, with investors fleeing to havens and tech stocks taking a beating. Gold surged over 2% on Wednesday to top $3,300 per ounce and set a new record high. The dollar weakened further, and Nasdaq futures pointed to a rough day ahead for Wall Street. On Tuesday, the White House announced tariffs of up to 245% on Chinese imports in response to China’s retaliatory measures and bans on exports of key strategic materials, including rare earth elements, gallium and germanium that are used the production of high-speed computer…
$MULTI, $FARTCOIN, and $STAR10 Secure Prominent Positions Among Top Trending Cryptos on CoinMarketCap
Several cryptocurrency tokens displayed notable movements on CoinMarketCap as of April 5, 2025, while several others demonstrated significant market performance changes. Ronaldinho Coin ($STAR10) maintained its position as the highest trending cryptocurrency with a $1.9 million market capitalization and a $5.1 million daily trading volume. The coin encountered a significant 3.2% reduction in value during its 7-day period holding the first position. TOP TRENDING CRYPTOS ON #COINMARKETCAP#STAR10 $PI $LOOM $AUCTION $OKB $XPR $FARTCOIN $RSR $XEM $MULTI pic.twitter.com/yyE8opV833 — PHOENIX – Crypto News & Analytics (@pnxgrp) April 5, 2025 Pi Network ($PI) reached $650.4 million, placing it second-highest behind $STAR10 currency.…
Since the start of this year, the SEC has dropped 12 cases against crypto companies, signaling a shift under Trump’s administration, which began easing crypto regulations. These cases include Coinbase, Consensys, Crypto.com, CyberKongz, Gemini, Helium (Nova Labs), Immutable, Kraken, OpenSea, Robinhood Crypto, Uniswap Labs, and Yuga Labs. In early March, for instance, the SEC dismissed its lawsuit against Coinbase over claims the exchange operated as an unregistered securities platform. The agency also dropped its proceedings against Kraken without imposing penalties or requiring changes to its business operations. Both dismissals were “with prejudice”, meaning there is no possibility of future refiling.…
StarAI, a platform for AI-powered Web3 creation, has announced its collaboration with Endless to accelerate Web3 AI adoption through its official X account. This partnership aims to redefine the landscapes of blockchain and AI. Through this strategic collaboration, both platforms strive to integrate the groundbreaking artificial intelligence (AI) with the traditional web apps usage. 🚀 #StarAI is excited to announce our partnership with @EndlessProtocol!🌐 #Endless Web3 Genesis Cloud is a decentralized intelligent protocol bridging Web2 and #Web3. 🔗 Built on a Move-based public chain, it empowers developers with an all-in-one Web3 dev platform and… pic.twitter.com/iSgAs1LZu3 — StarAI (@The_StarAI) April 16,…
Crypto analyst and prominent market commentator Carl Moon predicts a “HUGE bounce” for Bitcoin despite the ongoing market-wide volatility. Bitcoin (BTC) experienced significant volatility following the U.S. government’s decision to impose tariffs on a flurry of countries. The largest crypto hovered near $83,000, but by Sunday evening and into Monday morning, its value plummeted further. In just a few days, Bitcoin fell below $75,000. This sharp drop was followed by a brief recovery triggered by false reports suggesting that the U.S. would delay tariffs for 90 days. Bitcoin climbed above $81,000 during this rally. However, the White House quickly dismissed…
The global trade war and negotiations are expected to drag on longer as China and the U.S. remain in impasse mode. Europe has found itself on thin ice as China makes progress in negotiations, while the U.S. side stalls. Earlier on Tuesday, April 15, during the mid-Western financial markets, EU’s Trade Chief Maroš Šefčovič ended a two-hour meeting with Howard Lutnick, U.S. commerce Secretary, with little clarity on the deal. The Euro slightly gained over the U.S. dollar. Market Concerns The prolonged trade negotiations have shaken confidence in major stock markets, led by the U.S. and Europe. On Tuesday, Jamie…
Data shared by the public Shibburn blockchain tracking platform, which traces SHIB burn transactions on Etherscan, and then accumulates that data on its website, has reported that the level of daily SHIB burns has shown a major plummet. This decline has taken place amid the overall stock market crash, which has wiped more than $5 trillion off the market within the last couple of days. Bitcoin, however, demonstrates resilience, holding well above the $80,000 price level, while Nasdaq and other leading indexes around it are bleeding. SHIB burns go deep down The above-mentioned data source revealed that over the past…
The Philippine Securities and Exchange Commission (SEC) has taken a major step toward regulating the country’s fast-growing digital asset industry by issuing draft guidelines for Crypto-Assets Service Providers (CASPs). The proposed rules, titled “The SEC Guidelines on the Operations of Crypto-Assets Service Providers (CASP Guidelines),” outline strict conditions for businesses offering crypto-assets in the course of trade within the Philippines. Most notably, the guidelines introduce a mandatory minimum paid-up capital of PHP100 million ($1.75 million) for entities seeking registration as a CASP. At the same time, the draft allows for potential exemptions from registration, depending on an entity’s circumstances and…
AltLayer, a popular decentralized protocol for launch and enhancement of rollups, has announced its latest collaboration with Astar Network, a prominent blockchain platform, and EigenLayer, Ethereum’s security protocol for off-chain validation. The partnership aims to unveil fast finality on Soneium, an Optimism (OP) Stack-built L2 blockchain of Sony Block Solutions Labs. The AltLayer and Astar networks disclosed this joint feature on their official X accounts. AltLayer teams up with @AstarNetwork & @eigenlayer to bring faster finality to @soneium — Sony’s OP Stack L2.The fast finality is powered by AltLayer’s MACH AVS. It sets a new benchmark for rollup performance.Here’s how…