Author: NBTC

Midday trading featured some of Wall Street’s biggest movers, led by Nike, whose shares jumped 17%. Power generation companies also rose, while crypto-related stocks suffered from a downturn. Nike shares were up 17% today by midday today after the firm announced that it has weathered the toughest part of its recent downturn, following a fiscal Q4 earnings report that beat the very low expectations of some investors. The company’s stock is at $72.35 at press time. Nike’s stock price. Source: Yahoo Finance In its report Thursday, Nike confirmed that the biggest costs fell in the fourth quarter, easing concerns that…

Although the crypto market kicked off to a positive start on July 7, 2025, prices of leading cryptocurrencies, including Solana, were seen moving into the red zone in the latter hours of the day. At the time, on-chain monitoring firm Whale Alert spotted a mysterious whale moving large amounts of SOL to the leading U.S. crypto exchange, Coinbase. According to data shared by the source, the large crypto transfer involved a massive 586,233 SOL worth a total of $88,985,275. The move, which happened while the broad crypto market is experiencing mixed price actions, has fueled debates among commentators. While the…

Bitcoin’s recent pullback has established strong volume-based resistance near $108,300, with support forming in the $106,700-$107,000 zone. The correction accelerated with a notable price surge from $107,373 to $107,671 between 13:06-13:36, followed by a sharp reversal. Technical analysis suggests Bitcoin is now trading within a compression zone, trapped between two major fair value gaps that will determine the upcoming market direction. If bulls reclaim the $109K to $110K area, price could push toward resistance beyond $112K, while a break below $107,000 might test liquidity around $106K. Technical Analysis Breakdown The decline accelerated during the 22:00-23:00 hour on May 24th with…

Ethereum has finally made a decisive move after weeks of sideways consolidation, breaking above critical resistance and trading above the psychological $3,000 level. This surge has caught the attention of both spot buyers and derivatives traders, pushing ETH into a key technical and on-chain inflection point. The breakout coincides with heightened market interest, but the sustainability of this move now depends on how the price reacts to major supply zones in the coming days. Technical Analysis By ShayanMarkets The Daily Chart On the daily timeframe, ETH convincingly broke above the $2,800 resistance level, sweeping previous highs and reclaiming territory that…

Speaking on the Power Lunch program on CNBC, Jefferies chief market strategist David Zervos said that a possible power struggle at the Fed could have positive effects on the stock market. According to Zervos, changes in the Fed’s structure could result in a president who advocates lower interest rates, which could create a positive environment for markets. Zervos noted that the term of current FED Chair Jerome Powell will end in the spring of 2025, and that President Trump could appoint at least two new members during this period. In this case, he noted that four members of the FED’s…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. I spent a decent part of today checking out Solana Compass, an independent validator and community-built scoring platform that’s been active since 2021. It ranks Solana validators based on performance, reliability and decentralization. Some validators seem to have been deliberately slowing down their nodes in an attempt to catch more high-value transactions and increase their profit by widening their transaction intake window. If you’ve ever wondered why your swap took longer than expected or why a transaction seemed to hang for no reason, a slow validator may…

Bitcoin—once an arcane tech largely used by people wanting to buy illicit goods on the dark web—has now gained institutional acceptance.  With everyone from Wall Street giants like BlackRock to the U.S. government getting involved, the leading cryptocurrency is now more mainstream than ever. You can even buy burgers with it. So it begs the question: Why is it still so hard for some people to understand and accept? With traditional finance heavyweights like investor Warren Buffett and JPMorgan Chase CEO Jamie Dimon slamming the asset, it’s appears that some people will never be open to Bitcoin. Speaking to Decrypt,…

Ethereum’s ether (ETH), the second largest crypto asset, is seeing renewed investor interest, with spot exchange-traded funds (ETFs) in the U.S. recording one of their strongest streak of momentum of their one-year history. On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) booked its largest daily inflow to date, with over $300 million, pushing its total assets under management to $5.6 billion, data compiled by Farside Investors show. That’s part of a broader resurgence in ether-backed investment products. The nine U.S.-listed ETH ETFs attracted a combined $703 million in net inflows this week, according to crypto data provider SoSoValue. Although Friday’s data…

Ric Edelman, one of the most well-known financial advisors in the United States, said that cryptocurrencies have now become a mainstream investment tool and have begun to play an important role in long-term investment strategies. Edelman noted that financial advisors should advise their clients to allocate 10% to 40% of their portfolios to crypto assets. Edelman, who was known for his cautious approach to cryptocurrencies in the 2010s, saw a crypto allocation of just 1% to investors as reasonable in his 2021 book The Truth About Crypto. However, in an interview with CNBC’s Crypto World this week, he announced that…

The SHIB community has managed to dispose of a mammoth-sized meme coin chunk in the past 24 hours. Almost all of this was burned in a single transfer, pushing the SHIB burn rate to a five-digit high, according to the Shibburn wallet tracker. Meanwhile, the price of the second-largest canine-themed cryptocurrency, Shiba Inu, has demonstrated an increase of 2.3% since Monday. SHIB soared from $0.00001153 to the $0.00001179 price level. That price jump followed a 3.45% price decline that took place right before it. 1 billion SHIB gone in instant, burns jump 116,757% The aforementioned website shared data, saying that…