Author: NBTC
The price barrier at $2460 functions as a powerful resistance for ETH that causes 10.95 million investors to hold 64.52 million ETH. The ongoing price stability of Ethereum has kept the token above its essential $2,100 support region while any downward drop might unleash bearish market forces. ETH prices might decrease due to declining investor faith which led to over -30,000K ETF withdrawals. The Ethereum (ETH) cryptocurrency price fell to $2,188.96 during the last 24-hour period demonstrating a 2.3% decrease. The market value of this asset against Bitcoin marks 0.02452 BTC but demonstrates a decrease of 2.2% compared to yesterday.…
Trump’s policies are undermining the U.S. dollar’s role as the world’s reserve currency, a financial expert warns, as global markets and major economies seek alternatives. Trump’s Policies Fuel Global Shift Away From US Dollar U.S. President Donald Trump’s policies are accelerating a global shift away from the dollar, warns Nigel Green, CEO of financial advisory firm Devere Group. Green described the dollar’s dominance as being “shaken and severely tested” as Trump’s aggressive trade policies, diplomatic conflicts, and economic interventions erode confidence in the U.S. currency. He stated on March 6: The dollar has long been the anchor of global finance,…
Societe Generale-FORGE, a subsidiary of Societe Generale Group and licensed investment firm, has deployed its euro-backed stablecoin on the Stellar network. With several stablecoin issuers getting regulatory approval to offer the Markets in Crypto Assets-compliant stablecoins in Europe, SG-FORGE announced it selected Stellar (XLM) blockchain network for its own launch. On Feb. 20, Societe Generale-FORGE said its multi-chain strategy takes flight with the deployment of the MiCA-compliant stablecoin EURCV CoinVertible on Stellar. The digital euro stablecoin will leverage Stellar’s fast, scalable and cost-effective network, with the overall benefit to users being the boost this product will give to the blockchain…
In a podcast interview, Anthony Scaramucci, former White House Director of Communications, noted that the U.S. Securities and Exchange Commission (SEC) may have already dropped its case against Ripple (XRP). This comment, made during a conversation with podcast host Scott Melker, has raised interest in the crypto community. After all, the current lawsuit between the SEC and Ripple has been one of the most watched legal battles in the crypto market. Scaramucci’s Ripple-SEC Speculation During the interview, Scott Melker talked about the most recent SEC actions’ dropping charges they had leveled against cryptocurrency-related businesses, including Coinbase, Gemini, and ConsenSys. At…
Pakistan, one of the top 10 nations for remittances from abroad, may leverage blockchain technology to streamline the process, Bilal bin Saqib, chief adviser to the finance minister and a member of the recently established Pakistan Crypto Council (PCC), said Monday. Overseas Pakistanis sent over $31 billion in 2023-24 via traditional channels that are often slow and expensive, Saqib told CoinDesk in an interview. Fees can exceed 5%. Remittances are earnings that migrants send back home, either as cash or as goods. The cash from abroad is a lifeline in many countries, where it acts as a buffer during crises…
Bitcoin is currently trading within consolidation phase, but veteran trader Peter Brandt has identified when the asset could secure a breakout. In his latest analysis, the market veteran highlighted the importance of this structured price action and pointed to an upcoming critical moment for Bitcoin between Feb. 24 and 26. Notably, his analysis suggests that this period could determine the next major move in Bitcoin’s price. Brandt’s Symmetrical Chart Pattern The accompanying daily chart confirms Bitcoin’s range-bound movement. For context, the price has consistently oscillated between highs of around $106,000 and lows near $90,500. Citing data from the chart, Brandt…
The total value locked (TVL) in multiple cryptocurrency projects achieved significant growth. The research document published by Phoenix Group uses data from DeFiLlama to present the top projects based on their TVL weekly growth performance. TrueFi (TRU) stands as the top project with $260.2k increase in its TVL representing a 424% surge surpassing other projects in terms of locked value. TOP PROJECTS BY WEEKLY #TVL GROWTH$TRU $MINT $MPL $ZRC $NOTE $EUL $VELO $LVL $ERN $LON $IDLE $PUFFER $BLUE $CPOOL $BMX pic.twitter.com/qz6WsIuPLx — PHOENIX – Crypto News & Analytics (@pnxgrp) March 9, 2025 Three DeFi projects Mint ($MINT), Maple ($MPL), and…
Smart money accumulates ETH in the reload zone, signaling potential upward movement. Ethereum’s $2K support holds strong, but a breakdown could trigger further declines. Bearish sentiment grows, increasing the chance of a short squeeze and price reversal. Ethereum—ETH, just dropped into the Reload Zone (RLZ)— where smart money looks to buy. This price range has always attracted smart money, the capital that moves before the crowd. The latest dip brought Ethereum back to $2K support, a key level since December 2023. Buyers and sellers are battling for control, and the outcome could decide the next major trend. #Ethereum IS NOT…
Solid strength in the U.S. employment market continued in February, though the unemployment rate ticked higher. Nonfarm payrolls rose 151,000 last month, the Bureau of Labor Statistics reported Friday morning. Economist forecasts had been for a gain of 160,000. January payroll growth was revised lower to 125,000 versus an originally reported 143,000. The February unemployment rate was 4.1% against forecasts for 4.0% and January’s 4.0%. Seeing major price swings (mostly to the downside) for the last couple of weeks for any number of reasons — tariff threats, stock market plunges, and the idea of a U.S. strategic reserve (no longer…
Regulatory scrutiny intensifies surrounding spot ETF proposals amid ongoing legal battles and market manipulation concerns. Key Takeaways The SEC will decide on the Grayscale XRP ETF by October 18, 2025, after a 240-day review process. The ETF conversion faces hurdles due to XRP’s legal status and the SEC’s cautious approach to altcoin ETFs. The Securities and Exchange Commission will decide on Grayscale’s proposed XRP ETF by October 18, 2025, following the filing’s official posting to the Federal Register today. 
NEW: @Grayscale’s $XRP ETF (19b-4 filing) has officially been posted to the Federal Register. All this means is that the clock…