Author: NBTC

A crypto strategist known for making timely Bitcoin calls believes that BTC will print a new all-time high in a couple of months. Pseudonymous analyst Credible Crypto tells his 462,900 followers on the social media platform X that he thinks Bitcoin is trading in a wide range between $110,000 and $88,000. While the analyst believes that Bitcoin’s consolidation will eventually resolve to the upside, he predicts that BTC will first drop to the low $80,000 price range to shake out paper-handed traders before kicking off a parabolic surge. “On the higher time frame for BTC, it would be nice to…

As uncertainty dominated the digital assets landscape in the past week, Hedera demand plummeted significantly. The $17M investor pullback has raised eyebrows about HBAR’s price action in the coming times. The impending selling pressure threatens the key support zone at $0.20. Losing this foothold might trigger a dip towards $0.17 – a nearly 25% dip from current prices of $0.2241. Hedera investors pull over $17M in a week The Hedera ecosystem has seen a substantial investor exodus in the past seven days. Coinglass data shows participants withdrew more than $17 million as bearish sentiments mounted. Source: Coinglass Hedera recorded only…

U.S. crypto firms were heavily vested in President Donald Trump’s reelection in 2024, contributing upwards of $144 million towards his campaign. But “unchecked political spending” poses “profound risks,” according to a report published by the Center for Political Accountability (CPA), a nonprofit promoting transparency in corporate political contributions. The report states that the crypto companies’ “aggressive push for deregulation, combined with opaque and unaccountable political contributions,” has raised “red flags among the regulators.” More importantly, it has “eroded investor confidence and public trust in the long-term viability of these companies.” Crypto firms donated heavily to re-elect Trump, and it’s paying…

El Salvador’s daily Bitcoin purchase strategy appears to have paused, with the last recorded purchase from the nation’s wallet, according to Arkham Intelligence, occurring on Feb. 17. The halt comes as the nation recently secured a $1.4 billion loan agreement with the International Monetary Fund (IMF). The Central American nation currently holds over 6,000 Bitcoin, valued at approximately $586 million at current market prices. President Nayib Bukele had previously implemented a strategy of purchasing one Bitcoin daily, which began in November 2022. In March 2024, Bukele transferred the country’s Bitcoin holdings, then approximately 5,600 Bitcoin worth over $400 million, to…

Bitcoin is showing technical indications of a price recovery as longer-term moving averages are slowly moving forward. The weekly moving average chart is showing that the asset is moving above WMAs, with the 50-week SMA sitting at $74,890 and the 20-week SMA at around $91,070. In the past, BTC has indicated a strong bullish phase when its price levels remain above these indicators. In past bull markets, the 20-week SMA has been a dependable level of support that allowed for additional price growth. The 200-week SMA, which is at $44,580 right now, is still an important macro-level support. Bitcoin has…

The Cardano network has hit a new user milestone. The positives keep coming hard and fast for Cardano. Amid strides like the network’s successful implementation of fully decentralized governance and recent hopes of an exchange-traded fund backed by the network’s native token ADA, the network has hit a new milestone. Cardano Wallets Surpass 5.2 Million The Cardano network has hit a new user milestone. As of Wednesday, February 19, the number of wallets created on the Cardano network surpassed 5.2 million, according to Cardano Blockchain Insights, which combines data from two Cardano blockchain explorers: cexplorer.io and AdaStat. At the end…

Following a brief pause, Strategy may have resumed its Bitcoin purchase. Michael Saylor on Sunday posted the Bitcoin tracker on X, which is typically followed by a Bitcoin acquisition announcement. I don’t think this reflects what I got done last week. pic.twitter.com/57Qe7QfwKm — Michael Saylor⚡️ (@saylor) February 23, 2025 Saylor’s tweet comes after Strategy announced a $2 billion convertible senior note offering on Wednesday, carrying 0% interest and maturing in 2030, with proceeds intended for general corporate purposes, including Bitcoin acquisitions. The Tysons, Virginia-based company, which recently rebranded from MicroStrategy, currently holds 478,740 Bitcoin valued at approximately $46 billion at…

One of the main topics of the cryptocurrency market for over a year already are exchange-traded funds. First it was leading cryptocurrency Bitcoin (BTC), then major alternative asset Ethereum (ETH), and now after their approval the focus shifted to other assets. Popular ones first of all. It’s no secret that the likes of Dogecoin (DOGE), Litecoin (LTC), Solana (SOL) and XRP are all on the consideration by the SEC and issuers to be the next in line for ETF approval. The deadline is far stretched, but the acknowledgment is here already. Reacting to recent developments, the president of ETF Store,…

Blockchain gaming is supposed to solve the problem of players creating “black markets” for digital items in traditional games, as trading tokenized, user-owned weapons and skins are a key part of open crypto economies. But ahead of the launch of its Avalanche-based GUNZ L1 mainnet and the on-chain item trading and token that’ll come along with it, Off the Grid—one of crypto’s biggest games to date—has found itself in a very familiar “Web2” kind of situation. The battle royale shooter has a bustling black market where players trade skins and GUN tokens for real money. This underground economy has spawned…

MYRIAD, the on-chain prediction market from Decrypt and Rug Radio parent company DASTAN, has launched USDC markets on its platform. The milestone means that for the first time, MYRIAD users can make predictions using Circle’s regulated stablecoin USDC, which can be redeemed 1:1 for U.S. dollars. “USDC markets is huge for us,” DASTAN co-founder and President Farokh Sarmad told Decrypt. He explained that with USDC markets on MYRIAD, “predictions are real-time consumer sentiment,” adding that the platform’s users will now be able to use USDC to make “a call option on certain news.” The launch of USDC markets “brings a…