Author: NBTC
A Bitcoin maximalist has criticized investors who entered the market at peak prices but exited hastily at the first sign of volatility. This sharp criticism came from Rajat Soni, a Chartered Financial Analyst (CFA) and self-acclaimed personal finance coach, amid the ongoing Bitcoin market struggles. For context, BTC has continued to dance to the tune of the bears as macroeconomic headwinds from the tariff war take shape. Bitcoin’s Rollercoaster Ride Since November 2024 Particularly, Bitcoin collapsed from $83,000 on April 4 to a five-month floor price of around $75,000 three days later. Despite an impressive 8.33% gain on April 9…
Samson Mow, popular Bitcoin maximalist and CEO of the JAN3 firm, reinforces his old jab at Ethereum, noting that ETH remains overvalued at the $1,600 price mark. The outspoken Bitcoin maximalist made the comment today while resurfacing an old tweet he published on August 23, 2022, regarding ETH’s valuation. Mow’s Views on Ethereum Valuation At the time, ETH traded around $1,600 per coin, which is the same level Ethereum is trading at today. Meanwhile, Bitcoin was trading at $21,500 back then in 2022 but today, its value is around $80K. Interestingly, Mow, who expects Bitcoin to hit $1 million this…
South Korea’s cryptocurrency market is booming, with more than 16 million citizens—over 30% of the population—now holding crypto exchange accounts. This huge user base has led the country’s top traditional banks to push lawmakers for regulatory changes that they say currently block fair competition and limit innovation in the digital asset space, as per a report from local news outlet Money Today. Why Are Korea’s Big Banks Pushing for Rule Changes? At a high-level meeting held this week, executives from the nation’s largest financial institutions—KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, Jeonbuk Bank, and internet-only Toss Bank—urged lawmakers from the…
Despite Shiba Inu recent surge to around $0.000012, only a few addresses holding SHIB are currently profitable. As President Donald Trump announced a 90-day pause on reciprocal tariffs, the prices of major financial instruments soared tremendously. Shiba Inu Soars to $0.000012 After Trump Pauses Tariffs The announcement eased global economic tension, benefitting financial instruments like Shiba Inu, as its price rebounded to around $0.000012. Recall that SHIB plunged to a multi-month low of $0.00001031 earlier this week following an escalation of the tariff war. With Trump announcing a temporary 90-day pause on reciprocal tariffs, SHIB rebounded to $0.00001213 yesterday, marking…
Digital asset managers Grayscale Investments and Osprey Funds have reached a settlement agreement after their long-drawn legal dispute over marketing practices. A motion filed with the Connecticut Appellate Court on April 9 shows the parties are looking at 45 days to finalize settlement documentation after Osprey appealed a February decision favoring Grayscale. “Soon after this appeal was filed, the parties reached a settlement of this case,” a copy of the motion first uploaded by Law360 reads. Grayscale and Osprey would then need to “finish documenting the settlement” and carry out the terms before the appeal can be pulled. The lawsuit,…
Perpetual futures contracts—a mainstay of offshore digital asset exchanges—may finally become accessible to U.S.-based traders under regulated platforms. Industry experts say that a regulatory shift under President Donald Trump’s administration is clearing the way for these high-risk instruments to be available in the U.S. market for the first time. Perpetual futures, also known as “perps,” enable investors to bet on cryptocurrency’s price without having the underlying assets. These contracts don’t expire like traditional futures and are settled every eight hours, which allows them to track spot prices closely. They also provide traders with an option to leverage position up to…
While the leading cryptocurrency Bitcoin (BTC) continues to be on the agenda of the entire crypto sector with its declines, legendary analyst Peter Brandt analyzed the recent declines. Analyst with 50 years of experience Peter Brandt shared his latest analysis for Bitcoin. Brandt claimed that the recent decline in Bitcoin was merely a retest of the inverse Head and Shoulders pattern. This inverse head and shoulders pattern (H&S pattern) was completed in November 2024, just before Bitcoin broke new historical records. According to the experienced analyst, such a pullback appears to be a natural part of the bullish process, but…
On-chain data reveals that an Ethereum OG investor, dormant for 2.4 years sold a total of 2,024 $ETH for $2.96 million thus completing their exit from the market. This pioneering investor unloaded 9,095 $ETH worth $12.5 million at $1,375 per coin during the last three years before finally ending its investment lasting ten years. One more $ETH OG has completely sold the last 2,024 $ETH for $2.96M after 2.4 years of dormancy.In the past 3 years, the $ETH OG has sold 9,095 $ETH for $12.5M at a price of $1,375.The wallet can be traced back to withdrawals from #Kraken and…
Exactly 35 days ago, President Donald Trump signed an executive order requiring all federal government agencies to audit their crypto holdings within 30 days. That expired five days ago, but the audit is nowhere online. Trump’s appointed “Crypto Czar,” David Sacks, repeatedly promised that he’d fulfill the directives of the order. On a media tour after the announcement, he lamented the lack of information about how much crypto the government actually owned and swore that this audit would finally bring clarity and accountability to the government’s crypto finances. He was supposed to deliver a full, unabridged report by last week…
Today, $ARDR and $VIDT are leading the top gainers list released by Satoshi Club even as the market experienced volatility amid the ongoing tariff war between the countries. Top 10 gainers (April 9)1. $ARDR – 62%↑ 2. $VIDT – 56%↑ 3. $RFC – 52%↑ 4. $DORA – 43%↑ 5. $ALCH – 34%↑ 6. $FORTH – 31%↑ 7. $GAS – 29%↑ 8. $RAIL – 28%↑ 9. $HIPPO – 25%↑ 10. $CRTS – 24%↑ pic.twitter.com/OpDA4DwRvq — Satoshi Club (@esatoshiclub) April 9, 2025 Top Crypto Gainers: $ARDR Leads with 62% Surge $ARDR dominated with a 62% surge while $VIDT rose by 56% and…