Author: NBTC
Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears maintain their grip, with red candles swelling alongside elevated volume—a testament to the intense downward drive. Erratic price swings mirror trader indecision, while futile efforts to recapture $95,000 solidify this barrier as a formidable ceiling. A meaningful push above $95,500 demands a crescendo of buyer…
Cryptocurrency analyst and trader Jason Pizzino is warning that Ethereum (ETH) may plummet in value for one main reason. In a new video, Pizzino tells his 349,000 YouTube subscribers that ETH may decline by more than 47% of its current value after the top altcoin may have formed a bearish double-top pattern on the weekly chart. A double-top pattern is considered a bearish indicator by technical analysts and suggests that bulls lack the strength to push the price of the crypto asset to greater heights. “It’s really looking very, very weak here and like it wants to continue to fill…
There’s a 70% chance that the trade war between Canada and the U.S. will be over by May, according to odds on a Polymarket contract on the topic, as Commerce Secretary Howard Lutnick told Fox Business that U.S. President Donald Trump was open to negotiation. On Tuesday morning, Canada and Mexico faced the implementation of 25% tariffs on all products entering the U.S., with President Trump citing their failure to curb fentanyl trafficking and illegal immigration as a national security threat. But later in the day, Lutnick appeared to offer a potential avenue for negotiation, with odds rising 20% in…
Creating a portfolio in the crypto market can be rather complicated when there are numerous choices at investors’ disposal. Some coins gain or decline in value after a short while, but others maintain their value in the long run. In order to build an ideal portfolio, one needs to select both stable and promising cryptocurrencies. This means including coins with proven value, as well as those which have the potential of being good investments in the future. However, these four crypto projects have proven to be exceptional among all other cryptocurrencies present in the market and can help in building…
The U.S. Senate is poised to vote this week on reversing an Internal Revenue Service (IRS) rule, that the crypto industry has declared a serious threat to decentralized finance (DeFi), according to a person familiar with the Senate’s planning. The IRS’s attempt in December to expand the world of brokers required to disclose certain tax information ensnared crypto DeFi projects, and some senators are seeking to use the powers of the Congressional Review Act to erase it, along with another 11th-hour regulation: a Consumer Financial Protection Bureau rule on digital payment applications. Senator Ted Cruz introduced a CRA resolution to…
Popular stablecoin payment app Wirex has recently expanded to the US market. The app will allow US residents to use their stablecoins for daily transactions via Visa Cards. Like Wirex, many other Web3 platforms are increasingly looking to enter the American market as lawmakers are pushing for regulatory clarity for stablecoins. Using Stablecoins For Everday Purchases Across 80 Million Merchants Wirex’s entry into the US market is supported by its collaboration with Bridge, a leading stablecoin payment infrastructure provider. Through this partnership, Wirex Pay enables users to transact directly from non-custodial wallets using cards and bank transfers while maintaining full…
Brickken, a platform for digital asset trading, is excited to announce the deployment of its state-of-the-art tokenization technology on Polygon, a blockchain network for Ethereum scaling. By doing this, the platform aims to expand its multi-chain capabilities. This strategic partnership strives to improve the adoption of Real-World Asset (RWA). 🌍 Brickken Expands to Polygon PoS! 🔗🎉 Big News, Brickkeneers! We’re excited to give you a sneak peek into an exciting milestone for @Brickken. We’re preparing to deploy our cutting-edge tokenization technology on @0xPolygon, marking a significant step in expanding our… pic.twitter.com/osyICogt3a — Brickken (@Brickken) March 4, 2025 In addition to…
Bitcoin (BTC) dipped below $92,000 during the overnight trade, revisiting levels that have proven resilient multiple times since December. However, the latest move comes with a notable uptick in perpetual futures open interest and price action that indicates seller dominance. The number of open futures bets or open interest in the BTC/USDT pair trading on Binance rose by roughly 12,000 BTC (worth over $1 billion) as BTC’s price fell from $96,000 to under $92,000, according to data tracked by Coinglass. An uptick in open interest alongside a price decline is said to represent an influx of bearish short positions. In…
Ethereum has recorded spot inflows for the first time in 10 days. This signals a resurgence in investor confidence ahead of the highly anticipated White House Crypto Summit scheduled for March 7. At press time, ETH trades at $2,290, noting a 4% price hike in the past 24 hours. With growing bullish pressure in the broader market ahead of the meeting, the altcoin might extend its gains in the short term. ETH Sees $20 Million Spot Inflows After 10-Day Outflow Streak According to Coinglass, ETH’s spot inflows totaled $20 million on Thursday. This comes after the leading altcoin witnessed 10…
U.S. Commerce Secretary Howard Lutnick has indicated that President Trump might roll back tariffs on Canadian and Mexican goods as early as tomorrow. This follows a day of intense negotiations with both nations, suggesting a potential compromise in U.S. trade policy. The move could scale back some of the recently imposed 25% tariffs. Right away, the largest tech stock ETF rose nearly 1% in late trading, and index futures bounced back from their lows. These remarks came right after the U.S. stock market faced sharp declines for the second day, driven by fears that Trump’s tough trade policies could spark…