Author: NBTC
Meta CEO Mark Zuckerberg visited the White House on Thursday to discuss Meta’s role in helping the Trump administration with America’s international tech leadership. In an X post company spokesman, Andy Stone said: Mark Zuckerberg was at the White House today to discuss how Meta can help the administration defend and advance American tech leadership abroad. Andy Stone The meeting comes just weeks after Zuckerberg attended Trump’s inauguration at the Capitol and appeared to get closer to the president’s circle. Zuckerberg aligns Meta with the Trump administration Facebook co-founder Mark Zuckerberg has repeatedly expressed optimism in recent weeks that President…
Bitcoin’s price has finally climbed back above the $100K mark but is yet to create a new record high. However, judging by the current price action, it is quite likely to do so soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been rising since rebounding from the $91K support level. Yesterday, the price broke above the $100K level and closed above it on the daily timeframe. If bitcoin is able to hold above the $100K level, a rally higher and a new record high would be imminent. The 4-Hour Chart Looking…
Cryptocurrency analytics firm Alphractal has released its latest report shedding light on the impact of macroeconomic changes on Bitcoin and altcoins. The report focuses on the ongoing decline in the Effective Federal Funds Rate (EFFR) and its potential impact on traditional markets and digital assets. Alphractal points out the ongoing decline of EFFR by noting its historical correlation with major economic events. Declining EFFR levels, especially when paired with other macroeconomic metrics, often signal financial crises or shifts in monetary policy. The report includes a chart that marks periods when the EFFR fell with grey areas and significant rate changes…
A group of Bank of America customers are joining together to sue the US financial giant. A proposed class action lawsuit alleges BofA promised to hand a trove of reward points to new credit card customers, as long as they spent $3,000 within 90 days. But according to plaintiff Jean-Baptiste Boyer-Gomez, the bank has routinely short changed customers who signed up for the Air France KLM World Elite Mastercard. BofA promised 70,000 bonus miles and 40 experience points when customers met the requirements. Instead, the bank allegedly executed a “bait and switch” by applying a different promotional offer without proper…
Last month at the New York Times DealBook Summit, political analyst and media personality Van Jones admitted that the Democrats made a fatal mistake in not only largely disregarding the crypto voter but in acting against them during the last election cycle and more broadly during President Biden’s time in office. “50 million people bought some crypto — that’s a bet on [the] future,” said Jones. “They’re trying to get to a better future. Joe Biden, Kamala Harris, Elizabeth Warren beating the hell out of crypto was not smart,” he added. CNN host @VanJones68 says, “Democrats ran people out of…
With Ethereum breaking past $2,800, will buyers restart the bull run to surpass the $3,000 psychological mark? As Bitcoin struggles to reclaim the $100,000 mark, Ethereum faces resistance above $2,800. Currently, Ethereum trades at $2,840, marking a 4.52% surge in the past 24 hours. However, the bullish recovery faces strong resistance, hinting at a potential failure. Is Ethereum bound for another rejection, or is a breakout rally imminent? Ethereum Price Trend Analysis In the 4-hour price chart, Ethereum reveals a breakdown rally from a local support trendline. However, with a quick V-shaped reversal and a rounding bottom pattern, ETH is…
Litecoin price remained on edge during the weekend, mirroring the performance of Bitcoin, which remained below $95,000. Litecoin (LTC), a popular proof-of-work coin, was stuck at $103.03, down by 30% from its highest level in 2024. This decline aligns with most cryptocurrencies, which have pared back some of the gains made last year. Litecoin’s performance was also because of the falling odds that the Securities and Exchange Commission will approve a spot LTC ETF in 2025. According to Polymarket, these odds have dropped to 42% from this year’s high of 60%. LTC ETF odds have fallen | Source: crypto.news Eric…
At the ONDO Finance Summit 2025, Ripple’s Chief Technology Officer (CTO), David Schwartz, shared his thoughts on the future of Ripple, the broader cryptocurrency space, and the company’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Talking to CoinDesk, Schwartz opened up about the importance of institutional adoption in the blockchain and cryptocurrency industries, citing it as a key factor for mass retail adoption in the future. Schwartz began by reflecting on Ripple’s journey, noting the ups and downs the company has faced over the years. He said that while many in the industry once believed retail…
Crypto analyst Tony Severino has revealed that the Bitcoin Percentage Price Oscillator (PPO) has turned red after reaching $102,000. He further explained what this development means for the flagship crypto in relation to the ongoing bull market. Bitcoin’s Weekly PPO Turns Red At $102,000 In an X post, Severino revealed that the Bitcoin weekly PPO just turned red after reaching $102,000. The analyst had mentioned before that when the weekly PPO turns red, the end is near for Bitcoin’s bull run. He warned back then that this indicator could be pointing to the top soon. As to how this market…
The widely followed cryptocurrency analyst Benjamin Cowen is warning that Ethereum (ETH) could slide further against Bitcoin (BTC). In a new video, Cowen tells his 866,000 YouTube subscribers that Ethereum could continue falling against Bitcoin if the US monetary policy remains restrictive. “This cycle Ethereum has had plenty of narratives – the transition from proof of work to proof of stake, it being deflationary for a period of time… …among other narratives as well – the spot ETF, institutional buying… it has not stopped Ethereum/Bitcoin from dropping… …as we’ve said for a long time until quantitative tightening ends, Ethereum/Bitcoin can…