Author: NBTC
A widely followed trader and analyst is leaning bullish on Ethereum (ETH) amid bearish sentiment on the second-largest crypto asset by market cap. The analyst pseudonymously known as Credible Crypto tells his 459,300 followers on the social media platform X that Ethereum appears bullish on the monthly time frame despite the sentiment being bearish. “We don’t always get high time frame price action that is this clean and the only thing I like better than crystal clear high time frame price action is sentiment to be in the absolute gutter along with it. ETH is going to come back with…
President Donald Trump’s executive order to revamp the U.S. crypto landscape has sparked significant discussions. In a recent post on X, an FTX creditor urged the government to return funds seized from alleged hackers who exploited the FTX platform in November 2022. https://twitter.com/sunil_trades/status/1882553949129228796 The creditor pointed to a legal document accusing three individuals—Powell, Rohn, and Hernandez—of stealing $400 million from FTX during its bankruptcy. The value of the stolen digital assets has reportedly surged to approximately $1.5 billion, raising questions about the government’s handling of these funds. Bitcoin Leads in Government Holdings The FTX creditor’s post followed a highlight by…
LeBron, a high-profile crypto trader, has made headlines for his substantial trades in the $TRUMP token, with moves that have attracted both scrutiny and intrigue. Four days ago, LeBron sold a staggering 4.52 million $TRUMP tokens for $4.52 million in USDC, achieving an average price of $1 per token. However, the token price skyrocketed soon after, leaving him missing out on an additional $180 million in profits had he held onto his position. LeBron sold 4.52M $TRUMP($185M) for 4.52M $USDC at an average price of $1, cashing out too early and missing a $180M profit.2 hours ago, he spent 2.5M…
Attorney John Deaton recently shared his thoughts on the launch of the Trump meme coin. The crypto community is split and some people believe Trump’s meme coin will attract new investors and help crypto gain more acceptance. Others, like Deaton, are worried that it could harm the industry’s credibility. For Deaton, the issue isn’t the meme coins themselves but the broader implications they have for the crypto industry’s reputation. On the Good Morning Crypto Show, he warned that while meme coins can attract attention and investors, they may also contribute to the public perception of crypto as a “casino” or…
Bloomberg Intelligence senior macro strategist Mike McGlone is warning that Bitcoin (BTC) is facing mounting resistance at one key level. McGlone says that changing macroeconomic conditions and exceptions that the Fed will cut rates less than previously thought in 2025 may prevent Bitcoin from flipping the $100,000 resistance level into support any time soon. “Can Bitcoin breach $100,000? Model headwinds rising: Bitcoin peaked at $108,000 on December 17th, the day before the Federal Reserve eased, and our model might help determine what to look for in 2025. My bias is that $100,000 is formidable resistance, and the model shows top…
NEAR Protocol, a prominent L1 blockchain ecosystem for developers, reports the launch of ‘Bitcoin January’ in collaboration with Proximity Labs. Proximity Labs is known to be a popular research and development company dealing with the NEAR Protocol. The combined effort ‘Bitcoin January’ targets to redefine the role of Bitcoin ($BTC) in the decentralized finance (DeFi) realm. The initiative will reportedly unlock exclusive opportunities for consumers and developers alike. For this purpose, it will combine the security of Bitcoin ($BTC) with the scalability of the NEAR Protocol. Overall, this development intends to expand Bitcoin’s adoption by increasing its DeFi integration. Bitcoin’s…
Bitcoin price continues its bullish sideways movement. In the calm, analysts flock to other potential altcoins. Ethereum shows strong signs of setting new ATHs in $8,000 price range. Bitcoin (BTC) continues on its path of slow sideways movement with its price currently at $104,000 between $101,000 and its latest ATH at $109,114.88. With its current slow movement and steady dips to prices below $106,000, analysts are slowly shifting sights to promising altcoins that could experience an immediate price surge. Altseason Peak Nears One of the biggest expectations for Q1 of 2025 is for the arrival of the peak of this…
A survey by Hong Kong’s brokerage firm Futu reveals that Gen Z is highly optimistic about crypto, seeing three times more potential in Bitcoin than in real estate. A new survey by Hong Kong brokerage firm Futu Securities shows that Gen Z is rewriting the financial playbook. Instead of chasing the traditional dream of homeownership, this generation is betting big on Bitcoin (BTC) and other tokens. According to the survey, Gen Z is three times more optimistic about crypto than real estate, signaling a major shift in how they view financial security. Hong Kong’s newspaper The Standard, citing data revealed…
The price of Worldcoin (WLD) jumped 25% Wednesday to $2.40, leading the crypto market after President Donald Trump teased a $500 billion AI investment initiative around industry giant OpenAI. Trump said during a press conference Tuesday that a new company, dubbed the Stargate Project, will invest “at least” $500 billion in AI infrastructure for ChatGPT creator OpenAI over the next four years, such as data centers being built in the heart of Texas. Private-sector companies like OpenAI, Oracle, and the Japanese conglomerate Softbank are among Stargate’s initial equity investors, according to a joint press release. The company has also chosen…
With U.S. President Donald Trump granting clemency to Ross Ulbricht, online discussions have sparked a wave of discussions about whether Trump might extend a similar pardon to Roger Ver. Social media platforms and forums have been abuzz with the topic, even prompting a response from X owner Elon Musk, who stated he would “inquire” when asked about Ver’s situation. Elon Musk Promises to ‘Inquire’ About Roger Ver’s Freedom Amid Growing Momentum Jan. 21, 2025, marked a pivotal moment as President Trump issued a full and unconditional pardon to Ross Ulbricht, the creator of the Silk Road. Trump described Ulbricht’s sentencing—two…