Author: NBTC

Treasury Secretary Scott Bessent reaffirmed the administration’s commitment to tackling inflation and making life more affordable for Americans. Speaking in an interview with FOX News on Tuesday, Bessent detailed the administration’s economic priorities, including efforts to lower interest rates. 🇺🇸 JUST IN: US Treasury Secretary Scott Bessent states, “We are committed to lowering interest rates.” pic.twitter.com/roPcecaL85 — Crypto Briefing (@Crypto_Briefing) March 4, 2025 Mortgage rates have declined “dramatically” since Election Day and the inauguration, Bessent said. He attributed this trend in part to upcoming bank deregulation. Bessent emphasized that the administration aims to lower interest rates to help Americans struggling…

Yield Guild Games, a community network for Web3 gaming, reportedly has partnered with OORT, striving to reinvent the landscape of decentralized AI. This alliance aims to utilize community-generated data power to instruct Next-gen AI models. This strategic move is set to boost the human-aligned and inclusive AI ecosystem. Yield Guild Games has announced this cutting-edge advancement through its official X account. 🎉 OORT x YGG Partnership AnnouncementThrilled to announce our strategic partnership with @oortech to revolutionize the decentralized AI ecosystem through community-powered data!🔹 @YieldGuild: A leading Web3 gaming guild whose global community will contribute premium AI… pic.twitter.com/fUag8CsXgZ — Yield Guild…

Bitcoin fell below $95,000, while the technology-heavy Nasdaq 100 index dropped for the second consecutive day ahead of NVIDIA’s earnings. Bitcoin (BTC) declined to $93,690, down 13.3% from its highest level this year. Meanwhile, the Nasdaq 100 index has fallen for three straight days, reaching a low of 21,360, 3.5% below its highest level this month. The main catalyst for Bitcoin and U.S. stocks this week will be NVIDIA’s upcoming earnings report, which will offer insights into the state of the artificial intelligence industry. These results are particularly significant given NVIDIA’s size and influence in the AI sector. It is…

Crypto analyst Tony Severino has drawn similarities between Ethereum’s price action in 2024 and this year. Specifically, the analyst highlighted important technical indicators and what they are saying about ETH’s future trajectory. Ethereum’s Price Action In 2024 Vs. 2025 Based On Important Technical Indicators In an X post, Tony Severino provided a Japanese candlestick, TD Sequential and Parabolic SAR analysis of the 2024 and 2025 Ethereum price action. He noted that ETH’s 2024 candle made a lower high both on a candle close and wick high basis. On the other hand, he revealed that 2025’s candlestick is currently a bearish…

BTC has been consolidating between $93,500 and $100,000, signaling potential for a major price shift ahead. The forthcoming Bitcoin price breakout path depends on its support level at $91,500 as well as its resistance at $104,887. The historical pattern of Bitcoin volatility shows that a major price shift stands just ahead of shaping its upcoming macro trend. Over the past month, Bitcoin has been consolidating within a tight price range, fluctuating between $93,500 and $100,000. Experts forecast an extensive price shift ahead because cryptocurrency volatility has decreased substantially during this timeframe. The prevailing trend’s upward tendency has investors concentrating on…

The Ethereum price is currently challenging a previous resistance level that now functions as support at $1,500 with a potential upward move to $4,000 in play but also a possible downside risk to $1,500. A confirmed weekly close above resistance could reignite bullish momentum, attracting fresh buying interest and driving ETH higher. If Ethereum fails to reclaim this key level, selling pressure may intensify, leading to a retest of the $1,500 support zone. Ethereum (ETH) is approaching a crucial technical level that could determine its next major price movement. Market analysts are closely watching the asset’s weekly candle close as…

David Sacks, the White House AI and Crypto Czar, said today he has divested from Multicoin Capital, the crypto-focused venture capital firm known for backing Solana. The statement comes amid scrutiny over President Trump’s plan to include Bitcoin, Ether, Solana, XRP, and Cardano in a national crypto stockpile, which triggered major price increases for the selected digital assets. Political commentator Krystal Ball raised concerns on X about the initiative’s use of taxpayer funds and potential insider benefits. Responding to Ball’s criticism, Sacks disclosed, “I sold $BITW on January 22 for $74k” and confirmed he had also sold his Multicoin Capital…

The cryptocurrency market is gearing up for an eventful week with several major developments to come. Prominent crypto analyst The DeFi Investor has revealed the key altcoins that the community should keep an eye on in the coming days. Solana (SOL) will witness a significant token unlock on March 1 with the release of $1.9 billion worth of SOL from FTX’s holdings. Investors will be closely watching how this impacts the token price and market dynamics. Decentralized lending protocol Aave (AAVE) is expected to go live on Sonic layer-1 next week. The next Nvidia earnings report is scheduled for February…

American investor Steve Weiss has further reduced his Bitcoin exposure due to the asset’s range-bound price movement. Speaking as a contributor on CNBC’s “Halftime Report,” Weiss revealed another round of profit-taking from his Bitcoin (BTC) position via BlackRock’s spot exchange-traded fund, as financial markets navigate macro-driven volatility. Weiss, founder and managing partner of Short Hills Capital Partners, said he cut his Bitcoin exposure by an additional 10%, following last week’s 20% sell-off. The size of his position remains unclear, but he previously described his Bitcoin investment as a “positive trade.” You might also like: Citadel eyes crypto market-making as Ken…

Malaysia-based BioNexus Gene Lab announced on Mar. 5 that it has approved its treasury strategy, which prioritizes Ethereum (ETH) over Bitcoin (BTC). The firm said the decision was driven by Ethereum’s recent inclusion in the US Crypto Strategic Reserve and its “broader utility as a programmable financial platform.” BioNexus said its Board of Directors’ extensive internal analysis identified Ethereum’s institutional adoption, staking potential, and dominance of financial infrastructure in DeFi as key factors supporting its treasury integration. As of Sept. 30, 2024, the company’s market cap was $6 million, its revenue was $2.6 million, and its net income was negative…