Author: NBTC
Will the Bitcoin (BTC) price sustain above $90K as the resistance trendline dominates the price chart? Bitcoin’s price faces bearish pressure, with a breakdown below $93,000, marking a 1.12% drop in the past 24 hours. The CMC Fear and Greed Index has declined to 48, reflecting growing uncertainty among investors. As BTC struggles to surpass key resistance levels, technical indicators suggest potential downside risks, while analysts remain divided on the possibility of a bullish rebound. Bitcoin Price Analysis Respecting the long-coming resistance trend line in the 4-hour chart, the BTC price continues a bearish trend. As expected in our last…
Supra, a Layer-1 (L1) blockchain, is launching its DeFi Revolution campaign to empower builders and users in decentralized finance (DeFi), according to the most recent reports shared with Finbold on Thursday, February 20. With the campaign, Supra promises more MultiVM support, more advanced in-protocol oracles, native on-chain randomness, cross-chain communication, and additional automation capabilities. These advancements — auto-liquidations, automated arbitrage, and network-wide automation — aren’t incremental improvements. They’re redefining DeFi in an entirely new way. This is the foundation of The DeFi Revolution, and it belongs to all of you.https://t.co/8W0Yg4sPSJ — Supra (@SUPRA_Labs) February 20, 2025 Supra’s automation framework The…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Lightspeed put together an anonymous survey and circulated it to Solana founders to get an honest peek into what they think of other ecosystems, VCs, startups and more. The questions included a range of choices and a write-in slot that has been edited for grammar and clarity. The results from our 42-founder poll: Founders also said: “None. If not solana, I wouldn’t be in crypto.” Founders also said: “Unfair to choose a single one” Founders also said: “Asia-based VCs who only ape in based off who the…
The Internal Revenue Service (IRS) will fire 15,000 employees next week, right in the middle of tax season, according to a report from AP. The mass termination is happening under Elon Musk’s Department of Government Efficiency (D.O.G.E.), a temporary agency created by executive order to cut federal jobs and slash government spending. The layoffs come after the Trump administration ordered all federal agencies to terminate probationary employees who haven’t secured civil service protection. It’s unclear if more IRS workers will be affected, but sources say the cuts are happening fast. IRS blocks tax season workers from taking buyouts The administration…
Bitgert, a prominent blockchain platform, has forged collaboration with Taτsu, a leading player in the world of decentralized AI. The partnership focuses on revolutionizing the interactions within the digital asset sector. The platform took to social media to announce this exclusive collaboration. Bitgert X Taτsu Partnership 🚀We’re excited to announce a strategic partnership with @TatsuEcosystem!Tatsu, a top 10 $TAO validator and member of the #Bittensor senate, continues to innovate within the network. They are also developing multiple subnets, with the Document… https://t.co/hPjtr6jBRr — Bitgert – $BRISE (@bitgertbrise) February 19, 2025 Bitgert Partners with Taτsu to Advance Interactions with Digital Assets…
As the US approaches its debt ceiling, analyst James Van Straten has suggested that January 20, 2025 (President-elect Donald Trump’s inauguration day) could be a significant bottom for Bitcoin in its current cycle. In a recent analysis, Van Straten highlighted Treasury Secretary Janet Yellen’s letter to congressional leaders warning that the U.S. could reach its debt limit between January 14 and 23, 2025. Yellen called on Congress to take immediate action to “preserve the full faith and credit of the United States,” noting that “extraordinary measures” may be needed to prevent a federal default. The looming debt ceiling has already…
Decentralized derivatives exchange SynFutures has introduced Synthia, an AI trading agent that allows traders to swap or transfer assets using natural language commands. SynFutures is the largest DEX on Coinbase’s layer-2 network Base with 24 hour volume hitting $220 million and liquidity at $768 million. The AI agent will be rolled out in three phases, the first of which will include integration on social media platform X and the ability to respond to basic commands like “swap 100 USDC for ETH.” The second phase will allow traders and developers to deploy AI agents to specific needs including futures trading and…
Recent data shows that AiXBT, the popular AI agent on X (formerly Twitter), has promoted 416 tokens to date, achieving a win rate of 48% and an average return of 19%. These figures shed light on AiXBT’s recent influence on the crypto market and its potential effectiveness in identifying profitable tokens. Yet, there are notable concerns about the AI agent’s legitimacy and accuracy. AiXBT Shows a Promising Track Record of Crypto Shilling The win rate indicates that 48% of the tokens promoted by AiXBT saw positive price movements following its mentions. This translates to almost half of its recommendations being…
FOX Business Journalist has provided clarity on recent speculations that the U.S. SEC now considers XRP a commodity due to its acknowledgment of multiple XRP ETF filings. Over the weekend, excitement swept the XRP community after the SEC recognized another XRP ETF filing. Specifically, the securities regulator recognized Cboe BZX Exchange’s application to list and trade shares of 21Shares XRP ETF. This recognition comes a day after the regulator acknowledged Grayscale’s XRP ETF application. Notably, the SEC cited comments from 21Shares, which referenced legal precedent from the SEC v. Ripple lawsuit to indicate that XRP is not a security under…
Accumulate Protocol, a blockchain-powered network for digital identity, has announced its strategic partnership with Bion, a pioneering crypto-powered platform for Web3 shopping. Both Fintech firms aim to evolve crypto-powered e-commerce. This collaboration strives to integrate a seamless digital asset into online shopping. Strategic Partnership Announcement: Accumulate Protocol x BionWe are pleased to announce a strategic partnership between Accumulate Protocol and @bion_app , a pioneering Web3 shopping and lifestyle app backed by TON Ventures.Bion is revolutionizing the e-commerce landscape by… pic.twitter.com/MoO2RvoViy — Accumulate ❄ (@accumulatehq) February 19, 2025 Bion excites with an evolving presence in above 40 countries, having alliances across…