Author: NBTC
Leading asset manager VanEck plans to boost its investments into Bitcoin miners amid President Donald Trump’s pro-crypto push. Throughout the run-up to the 2024 presidential elections and the days that have followed, President Donald Trump has made it abundantly clear that he intends to prioritize the U.S.’s competitive edge in technology, with a particular focus on crypto and artificial intelligence. Unsurprisingly, investment firms are taking note. VanEck Eyes Bitcoin Mining Equities Amid President Donald Trump’s pro-crypto and AI push, $114 billion global asset manager VanEck is looking to invest more in Bitcoin miners. The firm recently disclosed this, highlighting that…
Crypto analyst MadWhale has revealed where the Bitcoin price could be headed next, having correctly predicted the BTC crash to $89,000. The analyst also explained why the flagship crypto’s current outlook is bullish, which could lead to further gains. Where The Bitcoin Price Is Headed Next In a TradingView post, MadWhale predicted that the Bitcoin price could record a 17% gain and rally to a new high of $110,000. The analyst explained that the outlook for the crypto market is largely positive. He added that there is again a surge in market volume after the usual holiday lull, which often…
The NFT and crypto space has been a rollercoaster of highs and lows, but recent tweets and discussions suggest that the market may be facing one of its most challenging periods yet. From failed projects to plummeting token values, the sentiment is overwhelmingly negative. Let’s dive into the details and analyze whether this is a temporary setback or a sign of a larger collapse. What’s Going Wrong with NFT Projects? The tweets paint a grim picture of the current state of NFT and crypto projects. Here’s a breakdown of the key issues: Abstract’s Spectacular FailureThe tweet from @charcoonchain highlights the…
Dominik Schiener, IOTA’s founder, has called out the slow pace of blockchain adoption in the EU. Experts warn the EU may fall behind if its crypto policies do not change soon. The debate over the future of digital currencies in Europe is heating up. In a recent X post, IOTA co-founder Dominik Schiener strongly criticized the European Central Bank’s (ECB) digital euro proposal. Schiener is concerned about the ECB’s reluctance to fully adopt blockchain technology, fearing it could hinder Europe’s competitive edge. He believes this hesitation could cost Europe in the global tech race. Trump’s Global Push for Dollar-Backed Stablecoins…
$CAT mirrors $PEPE’s bullish breakout pattern, with higher lows signaling strengthening buyer interest. A rally may be brewing. Breaking the descending trendline is critical for $CAT. A confirmed breakout could lead to a surge similar to $PEPE’s 2024 rally. Binance’s cat-themed memecoin $CAT shows reversal signs, drawing attention amid growing memecoin interest. Monitor breakout signals. Cryptocurrency enthusiasts are turning their attention to $CAT, Binance’s exclusive cat-themed memecoin, as it mirrors $PEPE’s prior price action. A comparison of the two tokens reveals striking similarities in their market behavior. While $PEPE completed a notable breakout in Q1 2024, $CAT seems to be…
NEW YORK/SINGAPORE/PARIS, Jan 24 (Reuters) – Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.S. cryptocurrency stockpile. Bitcoin has been broadly steady since Trump took office on Monday, pushing the world’s biggest cryptocurrency to a fresh record of $109,071. It was last trading around $106,000 on Friday as some of the euphoria around a hoped-for revolution in cryptocurrency regulation ebbed. Bitcoin had been one of the most spectacular “Trump trades,”…
Dennis Porter’s update signals SAF’s ongoing work to secure Bitcoin’s place in U.S. policy. In a recent tweet, Dennis Porter, CEO and co-founder of Satoshi Action Fund, shared that the organization has raised $300,000 of its $500,000 fundraising goal, with two weeks remaining in the campaign. This announcement reflects SAF’s ongoing efforts to advocate for Bitcoin-friendly legislation at both state and federal levels, ensuring that Bitcoin (BTC) has a place in future regulatory frameworks. BREAKING: Satoshi Action has now raised $300,000 out of our 60 day $500,000 goal. We have two weeks left! — Dennis Porter (@Dennis_Porter_) January 15, 2025…
The cryptocurrency market experienced significant gains this week, led by standout performers like $XCN, $NEW, and $FARTCOIN. These tokens saw remarkable price increases, reflecting a bullish sentiment in the market and highlighting diverse opportunities for traders and investors. TOP GAINERS OF THE WEEK $XCN $NEW #FARTCOIN $DEEP $ARC $BUZZ $OXY $ELON $M3M3 $DEFI $AIXBT #GRIFFAIN $RAY $XPR $SOL pic.twitter.com/biYClC6N2q — PHOENIX – Crypto News & Analytics (@pnxgrp) January 20, 2025 According to Phoenix Group,Chain ($XCN) emerged as the top gainer of the week with a staggering 419.8% price increase. Trading at a market cap of $421.8 million, $XCN’s surge underscores…
Blockchain protocol Chain is considering legal action against TRON founder Justin Sun after he accused the company of market manipulation. Chain, a blockchain firm backed by over $40 million from investors including Pantera Capital and Citigroup,has threatened legal action against Sun following allegations of market manipulation. In an X post on Jan. 24, Sun claimed that Chain was using “high leverage and contract that could cause serious harm to many exchange users.” XCN @chain is currently engaging in significant market manipulation. They are using high leverage and contract that could cause serious harm to many exchange users. I recommend that…
Bitcoin ($BTC) market has seen another significant development in terms of short-term holdings. As per IntoTheBlock, the short-term holdings of Bitcoin have dipped to their lowest spot since November’s mid, indicating a likely consolidation period. The crypto data and analytics provider discussed the current Bitcoin plunge on its official social media account. The amount of Bitcoin held by short-term traders has reached its lowest level since mid-November. This suggests a decrease in interest from speculative traders, alongside fewer new market entrants, indicating a consolidation phase as investors await clearer directional cues pic.twitter.com/zvD1Gtckuf — IntoTheBlock (@intotheblock) January 14, 2025 Short-Term $BTC…