Author: NBTC
A crypto whale just experienced mixed results after investing $2.54 million into two meme coins named after Binance former CEO Changpeng Zhao’s (CZ) dog, Broccoli. Turns out, it was a bit of a gamble. While one token surged, netting $530.5K in profit (+24.7%), the other tanked, suffering a $302.4K loss (-68.1%). A whale spent $2.54M to buy 2 #memecoins named after CZ’s dog(#Broccoli). Currently, one has a profit of $530.5K(+24.7%), while the other has a loss of $302.4K(-68.1%).https://t.co/OoWJUDaflj pic.twitter.com/pasUjc53If — Lookonchain (@lookonchain) February 14, 2025 This investment spree happened as criticism of CZ’s stance on meme coins grows, sparking a…
The introduction of BitVM smart contracts has marked a significant milestone in the path for scalability and programmability of Bitcoin. Rooted in the original BitVM protocol, Bitlayer’s Finality Bridge introduces the first version of the protocol live on testnet, which is a good starting point for realizing the promises of the Bitcoin Renaissance or “Season 2”. Unlike earlier BTC bridges that often required reliance on centralized entities or questionable trust assumptions, the Finality Bridge leverages a blend of BitVM smart contracts, fraud proofs, and zero-knowledge proofs. This combination not only enhances security but also significantly reduces the need for trust…
President Faustin Archange Touadéra of the Central African Republic officially launched the CAR memecoin on Feb. 9 via a video shared on his X account. Deepfake Claims Dismissed The President of the Central African Republic, Faustin Archange Touadéra, officially launched the CAR memecoin on Feb. 9, and the video shared via his X account is indeed “authentic,” according to the leader’s media team. The video was recorded in French, and an unidentified Paris-based compatriot was tasked with translating it into English. Albert Yaloké Mokpeme, a spokesperson for the presidency, acknowledged in the French-language publication TF1 Info that the way the…
Historical trends tied to a key indicator suggest that bitcoin (BTC) has plenty of upside left as renewed inflation in the U.S. threatens to challenge the current uptrend. The 200-week simple moving average (SMA) of bitcoin’s price, which smooths out short-term market fluctuations to provide a clearer picture of the overall trend, stood at $44,200 at the time of writing, according to TradingView. Although this average is at its highest point ever, it is still significantly below the previous bull market’s peak of $69,000 in November 2021. That may be an important point because past data show bull markets end…
President Donald Trump wants the Federal Reserve to act fast and lower interest rates, warning that U.S. tariffs are already affecting the economy. “The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to transition (ease!) their way into the economy,” Trump posted on Truth Social. “Do the right thing. April 2nd is Liberation Day in America!!!” The Federal Open Market Committee (FOMC) held its meeting on Wednesday and decided to keep its benchmark interest rate steady at 4.25%-4.5% for the second straight time. But economic forecasts are shifting. The Fed cut its growth projection to 1.7%,…
Tapswap, the popular tap-to-earn game on Telegram, has delayed its airdrop or token generation event (TGE) once again, a move that has disappointed many users who have spent months mining new coins. Why was the Tapswap airdrop delayed? Tapswap announced that it has delayed the much-anticipated token generation event from February 14 to February 17. The company justified the decision with a recent statement from Telegram, which hosts its mini application. Telegram notified developers in its ecosystem that all their token generation events would happen only on the TON Blockchain. That was a big change since last week, Tapswap said…
Enthusiasm for Bitcoin in decentralized finance remains strong despite the stagnation of total value locked (TVL) since the start of 2025. Some experts attribute BTCFi’s growth to factors such as institutional investors seeking yield and the development of necessary infrastructure. TVL Declining Across Protocols In the last quarter of 2024, the total value of bitcoin in decentralized finance (BTCFi) surged from just over $800 million to $6.51 billion. At one point in December 2024, the total value locked (TVL) hit an all-time high before retreating and settling above $6 billion. Overall, the TVL spiked by over 2,000% between January and…
QCP Capital analysts highlighted fading U.S. market optimism in a March 19 report, noting geopolitical tensions and macroeconomic uncertainties have driven heightened investor caution one month after the S&P 500 hit a record high. QCP Capital Highlights Defensive Strategies for When the Music Stops Major hedge funds, including Millennium and Brevan Howard, faced steep losses, with QCP citing a $900 million loss from two Millennium teams and a 5% year-to-date decline for Brevan Howard’s Master Fund. The Singapore-based firm attributed the downturn to escalating trade tensions, particularly reciprocal tariffs involving the U.S., Canada, China, and the EU, warning of a…
Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a decent increase in the near term. Bitcoin started a fresh increase from the $95,200 zone. The price is trading near $96,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $98,500 zone. Bitcoin Price Eyes Fresh Increase Bitcoin price remained in a range above the $95,000 support level. BTC…
The 2025 Crypto Support Index (CSI) ranks U.S. President Donald Trump as the world leader with the most crypto-supportive government. Trump Ahead Bukele and Zelenskyy According to the Crypto Support Index (CSI) 2025, U.S. President Donald Trump ranks first among world leaders whose governments support or endorse cryptocurrency. With an index score of 10, Trump is well ahead of second-ranked El Salvador leader Nayib Bukele, who scored 7. In a press statement by Boxbet, which conducted the study, said Trump’s support index score of 85% implies that the U.S. has now attained “full crypto adoption” status, making it the only…