Author: NBTC

One in four Americans views crypto as a key component of their ideal investment portfolio, according to a new study by Clarify Capital titled “Redefining the American Dream.” This preference for digital assets highlights evolving perceptions of financial success and investment strategies in the US. The study reveals that while traditional assets like real estate (70%) and stocks (69%) remain popular choices overall, crypto has emerged as a significant desired asset class, particularly among younger generations. Image: Clarify Capital The research also sheds light on broader economic sentiments. Three-quarters of Americans still aspire to the traditional American Dream, but nearly…

MAGA (TRUMP), the popular meme token named after US presidential candidate Donald Trump, is on the rise again today. While the price reached the new ATH with the increase it experienced, a patient investor made 28 times profit and earned 15 million dollars. According to Spot on Chain’s data, this investor bought 1.079 million TRUMP by spending 541 thousand USDC after Donald Trump announced that he would run for the US Presidency again last November. Since then, investors holding TRUMP’s profits have exceeded $15 million. It was noteworthy that this investor still did not sell even though he made a…

Ethereum price gained pace above the $3,350 resistance zone. ETH even tested $3,500 and aims for more upsides in the near term. Ethereum is showing strength and tested the $3,500 level. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise above the $3,500 and $3,550 resistance levels. Ethereum Price Climbs 10%, Bulls In Action Ethereum price started a major increase above the $3,250 resistance zone. ETH even climbed above…

Donald Trump’s presidential campaign has been recently boosted by crypto donations—but from the wealthy few, not the on-chain many. New filings reveal that of the roughly $3.3 million worth of crypto donated to Trump’s campaign between when it began accepting on-chain payment in mid-May and the end of June, only a tiny fraction—just 0.3% of those funds—came from ordinary donors who were not high-ranking executives in the crypto industry. The vast majority of Trump’s crypto donations came from prominent crypto executives. According to campaign filings, Gemini co-founders Tyler and Cameron Winklevoss collectively donated some $2.02 million worth of Bitcoin to…

The three firms will merge their crypto tokens under the auspices of AI-focused Web3 platform Fetch.ai’s FET, which will be renamed ASI. AI has captured the attention of the technology world for the last year and a half, with concerns aired that tech giants like Microsoft, Alphabet and Meta will establish a hegemony over the sector. The three-way merger of artificial intelligence-focused protocols Fetch.ai, SingularityNET and Ocean Protocol to form the Artificial Superintelligence Alliance (ASI) will complete on June 13. The three also plan to merge their tokens under the auspices of AI-focused Web3 platform Fetch.ai’s (FET), which will be…

Federal Reserve Chair Jerome Powell is set to testify before Congress later today. His words will likely carry significant weight for Bitcoin and the broader cryptocurrency market. Powell’s appearances before the Senate Banking Committee on Tuesday and the House Finance Committee on Wednesday come at a time when the relationship between monetary policy and digital assets is under increasing scrutiny. Last month, Powell made headlines in the crypto world when he acknowledged the staying power of cryptocurrencies. “We do see payments stablecoins as a form of money,” Powell said at the time, indicating a potential shift in the Fed’s stance…

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with the impending launch of spot ether exchange-traded funds (ETFs) in the United States. Shift in Crypto Derivatives: Ethereum Gains Edge Over Bitcoin The joint report by Bybit and analytics firm Block Scholes details the evolving landscape in spot trading volumes, futures, options, and perpetual contracts. The analysis points to a sustained volatility premium for ethereum (ETH) over bitcoin (BTC),…

The cryptocurrency market is heating up again with renewed spirit and significant capital inflow from whales and institutional investors. In particular, three notable whales have injected over $278 million into crypto exchanges through Tether’s USDT. Lookonchain reported this recent buy signal on July 16 in a post on X, tracking activity from whales and institutions. Notably, these activities originated from the Tether Treasury wallet address, sending USDT to two anonymous whale addresses and Cumberland’s wallet. Later, they sent the $278.7 million worth of the USD stablecoin token to Kraken, Coinbase, OKX, and Binance. This pattern suggests entities buying USDT directly…

Solana Superteam and DroppGroup have announced a strategic partnership to deliver innovative solutions and educational initiatives in Web3 in Saudi Arabia. According to the press release, the collaboration would offer three key benefits to the Kingdom, including the expansion of blockchain use, and the leveraging of ecosystem synergies. Leader in Artificial Intelligence and Blockchain Technologies integration DroppGroup (dropp) has collaborated with Solana Superteam to advance Web3 adoption in Saudi Arabia. According to the press release, the partnership is designed to tap into the expertise of DroppGroup in Web3 and AI solutions while leveraging the provisions of the Solana (SOL) based…

BCH fell 20% last week, its biggest loss in three months, as Mt. Gox announced creditor repayments. Slippage surged across centralized exchanges, signaling poor liquidity as prices fell. Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken in a 2014 hack. That includes $73 million worth of BCH, equating to 20% of the token’s…