Author: NBTC

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Can BitCoin be “trusted”? Will anyone accept bitcoins as payment? Could bitcoin eventually replace national currencies and “break the monopoly power of the Federal Reserve”? These were questions fielded by then-lead developer Gavin Andresen, 14 years ago this week. Andresen was speaking on the first podcast episode dedicated to “BitCoin.” (The price was a cool $0.73.) This hour-long EconTalk chat was recorded in March 2011, back in the very early months of GPU mining. It’s still worth listening to this episode, for nothing more than to…

Ethereum remains under pressure as the broader market sentiment struggles to shift bullish. The price continues to hover around key demand zones, with little sign of immediate strength from bulls, while derivatives and on-chain activity show signs of caution. Technical Analysis By Edris Derakhshi The Daily Chart On the daily timeframe, ETH has failed to recover above the previous support turned resistance near $2,000. The daily structure remains bearish, and the rejection from the $2,200-$2,000 supply zone has intensified selling pressure. The 200-day moving average, currently positioned above $2,800, underscores the broader bearish bias, while RSI lingers in oversold territory,…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

Bitcoin and the broader cryptocurrency market came under pressure today after President Donald Trump announced sweeping new tariffs. This move sent shockwaves through the stock market and caused a sharp sell-off in risk assets. With the declines, the price of Bitcoin, the world’s largest cryptocurrency, fell below $82,000. Meanwhile, the stock market also suffered a significant decline. The S&P 500 had its worst day since September 2022, while shares of crypto-related companies like Coinbase and MicroStrategy lost 9% and 7%, respectively. Trump’s announcement of tariffs starting at 10% and with some countries facing even higher rates has intensified concerns about…

Changpeng Zhao (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, is closely followed by investors with his statements and moves. At this point, CZ, one of the most influential names in the crypto market, warned artificial intelligence developers in his post from his X account. Expressing his concerns in the field of artificial intelligence, CZ warned developers not to rush their oken launches. CZ noted that many people prioritize token launches over building truly useful products. At this point, CZ noted that developers should first focus on creating high-quality intermediaries and only then achieve a clear product-market fit,…

Whales are using the dip to aggressively buy Ethereum, even as the top altcoin’s dominance falls to historical lows of 8%. Like many other altcoins, Ethereum (ETH) remains largely weak as sell-off pressure for risk assets continues. Tariffs are a major factor in this environment, which has Bitcoin (BTC) choppy and equities wobbly. Ethereum’s price has dropped 46% in the past year, significantly underperforming Bitcoin. According to crypto analyst Rekt Capital, ETH dominance has steadily decreased since June 2023, falling from 20% to 8%. However, the analyst says Ethereum has historically seen its market cap dominance bounce whenever it falls…

On Tuesday, Rep. Keith Ammon addressed a New Hampshire House Ways and Means Committee on House Bill (HB) 302, which would permit the state’s treasurer to invest in bitcoin. In speaking to the committee, he brought up the United States’ excessive debt and made the case for the state of New Hampshire to invest in bitcoin as a means to mitigate the ravaging effects of inflation. As I listened to his petition, I got the sense that Rep. Ammon was a dyed-in-the-wool Bitcoiner, someone inside of the system doing his best to get members of the legislature of the state…

In a major initiative, VanEck has filed to establish an exchange-traded fund (ETF) that would track the performance of BNB, the native token of Binance Smart Chain. The filing seeks to establish a trust in Delaware ahead of a formal filing with the U.S. Securities and Exchange Commission (SEC). The filing is currently in the pre-filing stage, but the potential upcoming approval could be the first of its kind in the United States. VanEck has already established itself in the cryptocurrency ETF space, notably with approved funds for Bitcoin and Ethereum, which launched in early 2024. These successes reflect growing…

Ethereum shows strength with solid support at $1,800 in a volatile market. High-volume sessions drive price spikes higher, with highs of $1,875 during active trading. Consolidation phases exhibit steady upward pressure as the price increases from $1,830 to $1,865. Ethereum’s price action recorded multiple phases of upward and downward trends throughout the latest trading session. Candlestick charts displayed precise data on price fluctuations, trading volume, and interval-specific performance. Price Movements and Volume Activity The chart shows consistent price movements, including bullish, bearish, and consolidation phases within hourly intervals. Trading activity remained robust, with high-volume sessions driving notable price changes. Breakout…

Genius Group, an AI-powered education company, announced today that it must sell its Bitcoin holdings after a US court order blocked the company from selling shares, raising funds, or purchasing Bitcoin. Genius Group has been forced to reduce its Bitcoin holdings from 440 to 430 Bitcoin following a preliminary injunction granted by the US District Court Southern District of New York on March 13. The court order comes amid ongoing legal proceedings between Genius Group and parties associated with Fatbrain AI. Genius Group initiated arbitration in October 2024 to terminate its Asset Purchase Agreement (APA) with Fatbrain AI. In December,…