Author: NBTC
Bitcoin is now at a pivotal turning point, trading into a dense cluster of technical resistance. While momentum has favored bulls recently, confluence with several high time frame metrics suggests this may be the setup for a deeper corrective phase. Bitcoin (BTC) is currently trading at a significant resistance region, where multiple high time frame technicals converge. These include the previous point of control, the value area low of a prior range, and most notably, the 0.618 Fibonacci level, which aligns with the potential completion of a C-leg in an ABCD correction pattern. This setup gains further relevance as the…
Coral Finance, an innovative platform in the decentralized finance and AI (DeFAI) sector, has recently accomplished its latest Angel investment round. According to Coral Finance, the Angel investment round aims to boost the development of DeFAI application layer. The amount gathered in this funding is $3 million. The platform disclosed this advancement on social media. We are thrilled to share that @DWFVentures along with @gate_ventures, @KuCoinVentures, @Taisu_Ventures, @realMaskNetwork, and other investors, has joined in Angel round of investment in Coral Finance.This brings us closer to building DeFAI application layer that sources early… pic.twitter.com/Z3pQdABtAh — Coral Finance🪸 (@Coral_Finance) April 29, 2025…
Nobel Prize-winning economist Joseph E. Stiglitz has issued a sharp warning: Donald Trump’s policies are pushing the United States toward becoming the world’s largest tax haven. And for the crypto community, the consequences could be enormous. Trump’s Crypto Moves Raise Alarm Bells Stiglitz argues that Trump’s administration weakened financial transparency by halting the collection of company ownership data, withdrawing from global tax cooperation, easing crypto regulations, and scaling back anti-money-laundering enforcement. In particular, Trump’s executive order to create a strategic cryptocurrency reserve and the appointment of a crypto advocate to lead the SEC have raised major red flags. According to…
The Pi Network price has continued to underperform the broader cryptocurrency market, having fallen by nearly 80% from its February highs. Pi Coin (PI) has been left behind in the ongoing crypto recovery, which has pushed Bitcoin (BTC) above $93,000 and lifted the total cryptocurrency market cap to nearly $3 trillion. Pi’s market cap has dropped from $19 billion to $4.62 billion, while its fully diluted valuation has tumbled from over $300 billion to $66 billion. However, publicly available data suggests that Pi Network’s founders, Nicolas Kokkalis and Chengdiao Fan, have become crypto billionaires. A report released on Friday showed…
The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in the last seven days, trading at $93,600 for the first time since the beginning of March. The largest cryptocurrency was outperformed by large swaths of the market, with the CoinDesk 20 — an index of the top 20 coins, excluding stablecoins, memecoins and exchange tokens — rose 4.2% in the last 24 hours. Sui (SUI) jumped 24%…
Stripe is preparing to test a new stablecoin payments product aimed at companies based outside the United States, the United Kingdom, and the European Union. The company’s CEO, Patrick Collison, confirmed on social media that Stripe had been planning this offering for nearly a decade and is now opening it up to pilot users. The announcement comes after Stripe received regulatory approval to acquire Bridge, a payments platform founded by former Coinbase executives Zach Abrams and Sean Yu. Bridge’s infrastructure offers an alternative to traditional systems like SWIFT for cross-border transactions. Stripe’s stablecoin pilot project comes at a time when…
BNB Chain is approaching a crucial milestone as the network prepares to undergo a hard fork upgrade. According to a recent post by the official BNBchain X account, the BSC Lorentz mainnet hard fork is set for April 29 at 5:05 a.m. UTC, which is only six days away. 6 days until the opBNB Lorentz mainnet hardfork🗓 April 21 @ 03:00 AM UTCBlock time drops to 0.5s—infra needs to be ready.Node operators: upgrade now. Grab the full info below 👇 https://t.co/iUHOlWXHHs pic.twitter.com/DzsRbwzCCB — BNB Chain Developers (@BNBChainDevs) April 23, 2025 Following the hard fork, BSC will reduce block time to…
The market remains uncertain, yet both Gold and Bitcoin continue to show upward momentum. A clear trend is developing across markets, as gold price hikes usually lead to Bitcoin appreciation after several months. For investors, gold is typically the first choice in times of economic stress, serving as a safe-haven asset. Bitcoin gains strength as a substitute after gold reaches prices that become unsustainable. Bitcoin has shown better performance than traditional stocks and has gained status as an alternative defense against political instability and financial market volatility. Analysts believe that Bitcoin could eventually surpass gold’s $23 trillion market cap, with…
The ongoing crypto price recovery can be attributed to a group of investors known as the bond vigilantes, a term coined by economist Ed Yardeni. These vigilantes are investors who often keep the government in check by selling bonds when there is a significant policy change. By selling their bond holdings, these investors typically push yields high and make it expensive for the government to borrow. The rally mirrored the stock market’s performance. US stock indices, such as the Dow Jones and the Nasdaq 100, have all jumped by over 10% from their monthly lows. International indices like the German…
Susbarium has issued a critical warning about new tokens teased as being affiliated with the official Shiba Inu ecosystem. In a tweet on April 22, the community-driven scam token watchdog for the official Shiba Inu ecosystem warned about what it saw as a misleading advertisement. Susbarium highlighted new tokens it says were wrongly presented as affiliated with the network and cautioned against engaging with them based on the claims. New Base Tokens Not Affiliated With Shiba Inu The Shiba Inu securities outfit flagged new tokens native to the Ethereum layer 2 network, Base. It stressed that the deployer of the…