Author: NBTC
Ethereum (ETH) has recorded a massive spike in its transactions as a result of its growing dominance in stablecoins, DeFi and on-chain trading. As highlighted by an Ethereum advocate, Joseph Young, the chain has hit a new all-time high (ATH) of 889,300 users in its weekly count. Can weekly active users push Ethereum to $4,000? Notably, it means that there are 889,300 unique wallets actively sending transactions on the Ethereum blockchain each week. This suggests increased real demand for Ethereum’s network, not just speculation. The weekly transaction metric is key for understanding network health, adoption and utility. Generally, it signals…
The CLARITY Act, expected to shape the future of the cryptocurrency market in the US, will be on the agenda of the US Senate Banking Committee on January 15th. The committee will discuss the structure of the cryptocurrency market and vote on the bill at its session scheduled for January 15 at 18:00 (UTC+3, 10:00 ET). The bill aims to combat fraudulent transactions, misleading trading activities, and inflated trading volumes. It also seeks to address long-standing regulatory uncertainties by requiring crypto companies to provide proof of reserves. According to some analysts, if the CLARITY Act is enacted, manipulation rates in…
While major investor movements in the cryptocurrency markets are closely monitored, a new whale transaction targeting Ethereum (ETH) has attracted attention. According to data shared by @ai_9684xtpa, known for his on-chain analysis, a crypto whale with long-term ETH investments continued to grow its portfolio over the past week. As of January 13th, this whale withdrew 1,299.6 ETH from the OKX exchange and transferred it to its personal wallet. According to the data, this latest purchase was made at $3,129.64 per ETH. It is stated that the whale’s Ethereum accumulation process began on December 5, 2025, and since then, through gradual…
Crypto analyst Willy Woo said that Japan’s plan to classify Bitcoin as a financial product could significantly increase demand in the country. According to Woo, this regulation will simplify the tax regime for individual investors, making Bitcoin purchases more attractive. According to Woo’s assessment, with Bitcoin being classified as a financial product, the tax rate on Bitcoin earnings and transactions will drop to 20%. Currently in Japan, crypto income is subject to a marginal income tax ranging from 43% to 55% for individuals with an annual income exceeding approximately $57,000. The new regulation aims to reduce the tax burden on…
CleanSpark (CLSK) shares climbed 5% to $13 following the company’s announcement of its Texas power and land footprint. The company said it has entered into a definitive agreement to acquire up to 447 acres in Brazoria County, Texas, alongside a long term transmission facilities extension, creating the foundation for a large scale data center development aimed at artificial intelligence and high performance computing workloads. CleanSpark is a bitcoin mining company that is increasingly focused on developing energy backed digital infrastructure at scale. The site is expected to support an initial 300 megawatts of demand, with the ability to expand capacity…
Ethereum is consolidating around key support levels, with potential for upward momentum if it maintains current support and overcomes resistance. For context, Ethereum (ETH) is currently trading at $3,134, reflecting a modest 0.5% increase over the past 24 hours. The price has fluctuated between $3,071 and $3,141, indicating a relatively narrow daily range. It also suggests some consolidation around the $3,100 level, which could indicate that Ethereum is building a base for a potential continuation of its upward momentum. Looking at Ethereum’s broader performance, it has shown a 2.5% decrease over the past week due to a brief pullback. However,…
Wang Yongli, a former deputy governor of the People’s Bank of China (PBoC), said that China maintains a tough stance against cryptocurrencies while resolutely supporting the development of the digital yuan (e-CNY). Wang said in a statement published on his official WeChat account that China’s monetary policy direction has now become completely clear. Wang Yongli noted that since May 2025, the US and Hong Kong have accelerated their legislative activities regarding stablecoins and crypto assets (digital assets). He stated that during the same period, the US’s attempts to ban the issuance of the digital dollar led to the proliferation of…
South Korea’s Financial Services Commission (FSC) has reportedly finalized guidelines permitting listed companies and professional investors to trade cryptocurrencies. The move ends a nine-year prohibition on corporate crypto investment and complements the government’s broader “2026 Economic Growth Strategy,” which includes stablecoin legislation and spot crypto ETF approvals announced last week. Corporate Investment Framework Under the FSC’s news guidelines cited by a local media report, eligible corporations can invest up to 5% of their equity capital annually. Investment targets are limited to the top-20 cryptocurrencies by market capitalization on Korea’s five major exchanges. Approximately 3,500 entities will gain market access once…
Standard Chartered has published yet another uber-bullish prediction for Ethereum (ETH). The multinational banking institution is now forecasting that the asset will outperform Bitcoin (BTC) throughout 2026. The bank’s team of analysts, which is spearheaded by Geoff Kendrick, is confident that ETH will reach $7,500 by the end of this year. By 2029, it is expected to soar all the way to $30,000. Standard Chartered argues that Ethereum’s specific advantages, such as dominance in stablecoins, tokenized real-world assets (RWA), and DeFi, could help it decouple from “weak” Bitcoin. ETH permabulls It is worth noting that Standard Chartered’s Ethereum price predictions…
Kevin Hassett, a top contender for President Donald Trump’s Fed chair pick, stated that Trump’s voice would carry no weight in the central bank’s interest rate decisions under his chairmanship. “[He] has very strong and well-founded views about what we ought to do,” Hassett, Trump’s top economic adviser at the White House, said Sunday on CBS’ Face the Nation. “But in the end, the job of the Fed is to be independent and to work with the group of people that are on the Board of Governors, the FOMC, to drive a group consensus on where interest rates should be,” he…