Author: NBTC

Bitcoin traded between $94,089 and $94,305 over the last hour, while its market capitalization stood at $1.86 trillion. Daily trade volume reached $19.74 billion, with the 24-hour price range spanning $93,806 to $95,741. Bitcoin On the 1-hour chart, bitcoin continues to reflect a short-term bearish structure, following a consistent series of lower highs and lower lows from the local peak at $96,620. The most notable signal comes from a red volume spike around $93,550, which suggests intensified selling pressure and limited participation from buyers on rebounds. This behavior is characteristic of a descending channel or potential bear flag pattern. Given…

After last week’s explosive surge, the Ethereum price today is trading near $2,558, reflecting a measured gain of 0.26% over the last 24 hours. Although buyers pushed ETH as high as $2,615 on May 20, the rally lost steam near a key resistance zone, leading to a mild pullback. With volatility tightening and lower-timeframe indicators flashing mixed signals, traders are now assessing whether bulls can maintain upward momentum or if a short-term correction looms. Following this corrective pause, the broader question emerging is: Why Ethereum price going down today, and is this pullback just a breather within a bullish continuation…

Ripple, which won its legal battle with the SEC, is trying to keep its ties to the Donald Trump administration tight. At this point, Ripple CEO Brad Garlinghouse was scheduled to meet with Bitcoin supporter Senator Cynthia Lummis, one of the names close to Trump. However, this meeting was cancelled by Lummis. Ripple CEO announced that he canceled the appointment given to him by US Senator Lummis. Ripple CEO stated that it was not clear why the meeting was canceled and that a new meeting date was not given. Gralinghouse expressed disappointment and urged the U.S. senator to reconsider his…

The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges, saying the company raised over $100 million for tokens that were not actually backed by the real estate its executives claimed. The SEC sued Unicoin, CEO Alexander Konanykhin, former board chair Maria Moschini, senior vice president and general counsel Richard Devlin and former chief investment officer and investor relations officer Alejandro Dominguez on securities law violations, Among its allegations, the SEC said Unicoin never actually owned the real estate properties it told investors it had acquired, and that those properties’ values…

This is a segment from The Drop newsletter. To read full editions, subscribe. Crypto gaming studio VOYA Games has raised $5 million in funding in a round led by 1kx and Makers Fund, with RockawayX also investing. Angel investors Jeff Zirlin, who cofounded Sky Mavis, and Sebastien Borget, cofounder and COO of The SandBox, also participated in the round (Zirlin is also a partner at 1kx). “Our goal is to build a token ecosystem where games are connected through a shared player economy and culture,” said VOYA Games CEO and founder Oliver Loffler. The studio plans to use the funding…

Bitcoin BTC$106,546.31 notched a new all-time high of $109,000 on Wednesday, but that’s small consolation for bitcoin miners, who last month were forced to cash in a record number of their BTC reserves, according to mining news outlet TheMinerMag.The firm’s latest research report reveals that public miners sold 115% of their bitcoin production in April — meaning they sold more than they produced. That is the highest ratio since the tail end of the 2022 bear market. Even today, with bitcoin breaking to a new record high above $109,000, hashprice (what miners earn per unit of computational power) has failed…

⚈ Rumors on X claim Nvidia may add Bitcoin to its balance sheet, though no official confirmation or SEC filing supports this.⚈ The speculation gained momentum after Strategy (formerly MicroStrategy) announced a new Bitcoin purchase of 1,895 BTC for $180.3 million.⚈ Despite Nvidia’s crypto mining history, its latest earnings report focuses solely on AI and data centers, with Bitcoin trading lower at $94,168. Social media platforms, particularly X, have been flooded with rumors suggesting that chipmaker Nvidia (NASDAQ: NVDA) might be planning to add Bitcoin (BTC) to its balance sheet. Several reports claimed the artificial intelligence (AI) giant had already…

Ethereum (ETH) is gaining new attention from traders, with several recent market moves fueling a more bullish outlook despite some earlier choppy price action. At the time of writing, ETH traded at $2,608.76, up 2.63% on the day, according to CoinMarketCap data. This climb followed a dip below $2,450 during the previous trading session, and the nature of this recovery is one key reason for the growing optimism. Source: CoinMarketCap ETH’s V-Shaped Recovery Above $2,600: A Key Bullish Signal for Traders The rebound began as a V-shaped reversal, starting late on May 20. This quick turnaround raised ETH’s price by…

U.S. stocks slid in early trades on Tuesday, May 20, 2025, with the S&P 500, Dow Jones Industrial Average and Nasdaq opening lower. The Dow Jones Industrial Average opened nearly 50 points down, while the S&P 500 slipped 0.3%. Stocks’ struggles in early trades on Tuesday hinted at possible cool down, with Nasdaq Composite also opening down 0.4%. The largely uninspired trading comes after Wall Street optimism helped major indices higher, with the S&P 500 notching six straight days of gains. A pullback would see U.S. stocks snap its winning streak. Performance across the equities market on Tuesday contrasted with…

Today, New York City hosted its first ever crypto summit. The event took place at Gracie Mansion, the mayor’s residence, and was attended by prominent figures from the crypto industry, many of whom are based in New York. At the event, Mayor Adams made the case that he felt the attendees’ pain, stating that they’ve wrongfully been persecuted, and he claimed that it’s now safe for those in the Bitcoin and crypto industry to both speak up and set up shop in New York. “Look how they’ve treated you,” said Mayor Adams. “You were treated as though you were the…