Author: NBTC
Ethereum is building steady upward momentum as market conditions shift in its favor, with price strength, derivatives activity, and exchange flows now pointing to a more constructive trend. The asset continues to recover from November’s lows, while traders increase exposure through futures markets. Moreover, exchange balances show a gradual supply reduction that may influence price behavior in the coming weeks. This combination offers a clearer view of how Ethereum’s market structure is evolving as 2025 nears its close. Price Structure Shows Steady Improvement Ethereum reclaimed short-term moving averages and broke above the $3,247 level, which acted as a key barrier…
BitMine Immersion Technologies, the world’s largest corporate Ethereum (ETH) holder, is now facing over $4 billion in unrealized losses on its ETH holdings. The firm’s drawdown reflects wider turmoil for digital asset treasury (DAT) companies, prompting new questions about the sustainability of this business model. BitMine’s Mounting Losses Create ‘Hotel California’ Scenario In a recent disclosure released earlier this week, BitMine revealed that it held nearly 3.6 million ETH, equivalent to approximately 2.97% of Ethereum’s supply. The company is steadily approaching its long-stated goal of accumulating 5% of all ETH. However, its treasury is increasingly feeling the strain from the…
US crypto investors have just three weeks to finalize any sales before historic new IRS changes to cost basis reporting come into effect. For 2025 transactions, centralized exchanges aren’t required to include cost basis information in their Form 1099-DA filings. In 2026, this changes. Through December 31, 2025, the IRS merely requires centralized exchanges like Coinbase and Gemini to report digital asset sales using the form. This requirement first appeared in the 2021 Infrastructure Bill as a way to improve tax compliance among users of centralized exchanges. Any US taxpayer who sells digital assets like bitcoin (BTC), ether (ETH), or…
The cryptocurrency landscape is set for a significant shift. The highly anticipated ALMANAK token, the native cryptocurrency of the Almanak AI agent platform, has officially announced its dual listing on two of the world’s leading exchanges: Bybit and Kraken. This major event, scheduled for 12:00 p.m. UTC on December 11, marks a pivotal moment for a platform whose Total Value Locked (TVL) has recently skyrocketed past the $120 million milestone. What Makes the ALMANAK Token Listing So Significant? For investors and traders, an exchange listing is more than just a new ticker symbol. It represents enhanced liquidity, greater accessibility, and…
A blockchain wallet that participated in Ethereum’s 2015 ICO and stayed dormant for over a decade has suddenly reawakened, realizing an extraordinary 10,684x profit. The unexpected activity immediately caught the attention of major blockchain analytics platforms, including Lookonchain and Whale Alert, both of which reported the awakening on X. Transaction Details According to their findings, the previously inactive address, 0x782F…20a97, received 850 ETH during the ICO and left the funds untouched until today. After more than 10 years of dormancy, the wallet has initiated its first transaction since the ICO, marking the end of one of the longest hibernation periods…
The crypto ETF landscape is exploding in 2025, with a surge of launches and filings signaling mainstream adoption. As of November 20, 2025, over 115 crypto ETFs are available in the US, including spot and futures products, drawing billions in inflows and reshaping market liquidity. Hottest Crypto ETFs Hitting the Shelves Now Launched ETFs have expanded beyond Bitcoin and Ethereum. Bitcoin spot ETFs, approved in early 2024, dominate with BlackRock’s iShares Bitcoin Trust (IBIT) holding over 783,532 BTC, followed by Fidelity (FBTC) with 199,133 BTC and Grayscale (GBTC) with 169,180 BTC. Ethereum spot ETFs, launched in July 2024, include Grayscale’s…
The UK government has unveiled a new Anti-Corruption Strategy aimed at strengthening enforcement, closing financial crime loopholes, and curbing the use of crypto-assets to dodge international sanctions. Deputy prime minister and justice secretary David Lammy announced the strategy on Monday, describing corruption as a threat that “bleeds countries dry, fuels conflict like Putin’s brutal war in Ukraine, and spreads across borders like a stain.” “We will lead internationally, bringing partners together to close the gaps exploited by kleptocrats and organised criminals,” Lammy said in a statement. “Closer to home, we are boosting enforcement, rooting out the minority of corrupt actors…
Ellipsis Labs introduces the phoenix perpetuals on Solana and makes it the next step in crankless and high-performance derivatives trading on the blockchain. Solana emphasizes that this release has been a significant upgrade to its ecosystem due to its introduction of a perpetual futures exchange that is fully on-chain, orders with significant low latency, and is maintained by deep liquidity on day one. It further supports that Solana is making technological advances in DeFi, just when efficiency and reliability have emerged as the fundamental competitive advantages of any L1 blockchain that can host financial applications. Real-Time Performance and Execution Spotlight…
The past month has seen Ethereum show mixed price action amid multiple series of deep price corrections. However, whales have continued to scoop up the asset in large quantities despite uncertain market conditions. On Wednesday, Dec. 10, popular crypto analyst Ali Martinez had showcased data revealing the aggressive accumulation of more than 800,000 ETH in the last 30 days. The analyst revealed this, showing charts from crypto analytics firm Santiment that show that Ethereum wallets holding between 10,000 ETH and 100,000 ETH had bought over $2.4 billion worth of Ethereum at an average trading price of $3,105. This signals a…
Investment interest in Solana (SOL) spot ETFs traded in the US continues to strengthen. According to data shared by SoSoValue, Solana spot ETFs saw net inflows of $23.66 million on November 20th. This reflects the recent surge in institutional demand. Solana Spot ETFs See $23.66 Million Net Inflow in a Single Day in the US The Bitwise SOL ETF (BSOL) saw the highest daily net inflows. BSOL attracted $20.12 million in inflows in a single day. This strong performance brings BSOL’s historical net inflows to $444 million. This figure demonstrates that the fund is highly favored by investors. The Fidelity…