Author: NBTC
Ethereum price slipped below the psychological $3,000 level as selling pressure increased across spot and derivatives markets. Summary Ethereum dropped under $3,000 after $229M in spot ETF outflows ended a five-day inflow streak. Derivatives data shows position unwinding, while RSI and Bollinger Bands point to near-term weakness. CryptoQuant data shows exchange reserves at multi-year lows, limiting selling pressure longer term. ETH was trading at $2,978 at press time, down 4.6% over the past 24 hours. The token is still up 1.7% over the last month, but it has dropped 10% over the last 7 days. 24-hour volume increased 58% to…
Options linked to cryptocurrencies are booming across U.S. markets, so much so that contracts tied to BlackRock’s bitcoin ETF (IBIT) have cracked the top 10 U.S. list in just over a year after debut. As of Tuesday, a total of 7,714,246 IBIT contracts were active or open, the ninth largest tally among options tied to U.S.-listed stocks, ETFs and indices, according to data source optioncharts.io. Among stocks alone, IBIT options rank second in open interest. BloFin Research said that the growing popularity of options tied to IBIT indicates BTC’s appeal as a macro asset. “IBIT options open interest has reached…
According to a source who spoke to the Associated Press (AP), Federal Reserve Chairman Jerome Powell will attend an oral hearing at the U.S. Supreme Court in the case against Federal Reserve Board member Lisa Cook. Powell’s presence in the courtroom at Wednesday’s hearing is seen as a rare and noteworthy show of support from a central bank governor. The Supreme Court is examining whether President Donald Trump can remove Cook from his post, as he suggested at the end of August. Trump’s attempt to remove a member of the Federal Reserve’s seven-member board of governors is seen as an…
Ethereum founder Vitalik Buterin has put forward a remarkable proposal to enhance the network’s security and strengthen decentralization. Buterin proposes directly integrating a “native DVT” (distributed validator technology) mechanism into Ethereum’s staking protocol, aiming to make validators operate in a more secure and robust environment. In a post published on the Ethereum Research forum, Buterin stated that this design, which he calls “native DVT,” would allow validators to register multiple independent keys under a single identity. Accordingly, processes such as block generation or verification will only be considered valid with the signatures of a specified threshold number of keys. This…
Taiwan could see its first locally issued stablecoin go live in the second half of 2026, though regulators have not yet decided on the currency the token will be tied to. Local media in Taiwan report Financial Supervisory Commission Chair Peng Jin-long told lawmakers this week that the draft Virtual Assets Service Act has cleared initial cabinet reviews and could pass its third reading next session. Regulations specific to stablecoins would follow within six months, putting the earliest possible launch in late 2026. The legislation does not restrict issuers to banks, although the FSC and Taiwan’s central bank have agreed…
Hong Kong has completed virtual asset rules and is now focused on real market activity. Budget plans show strong intent to boost liquidity RWAs and global capital access. Stablecoin licensing and market reforms attempt to support wider adoption and trust. Hong Kong’s virtual asset regulatory framework is approaching foundational completion as policymakers prepare to pivot toward commercialization, liquidity creation, and global capital integration ahead of the 2026/2027 budget. Industry bodies say the focus has shifted from rule construction to market execution. The Securities and Futures Professionals Association of Hong Kong reported that core regulatory infrastructure is now largely in place.…
Ethereum price slipped nearly 6% over the past 24 hours and almost 13% in two days, extending a choppy January pullback. Price briefly dipped below key levels, raising fresh doubts about whether buyers can regain control. Yet beneath the surface, large holders stepped in aggressively. Roughly $360 million worth of ETH was accumulated by whales near the dip. The rebound case looks tempting, but Smart money (informed traders) is not fully convinced yet. Triangle Pattern And Bullish Divergence Face Off Against Heavy Supply Cluster Ethereum is trading inside a symmetrical triangle on the daily chart. Sellers rejected the price near…
US President Donald Trump announced that the expected announcement regarding the leadership change at the Fed will be made “early next year.” Trump also said Treasury Secretary Scott Bessent still refuses to accept the position. In his assessment of economic and monetary policies, Trump argued that inflation was falling rapidly and was “almost reaching a perfect level.” He said, “We’ve stopped inflation since last January. There’s still work to be done, but it’s at a very good level right now. It’s going to fall a little more. You have to have some inflation, otherwise you’ll have deflation, and deflation can…
Portugal’s gambling regulator ordered blockchain-based prediction market Polymarket to quit the country within 48 hours after the platform saw a surge of activity tied to Sunday’s presidential election. According to Rádio Renascença, bets placed on the outcome of the Jan. 18 vote exceeded 103 million euros ($120 million). The regulator, the Serviço de Regulação e Inspeção de Jogos (SRIJ), said Polymarket has no license to offer betting services in the country and is operating illegally. Polymarket is a prediction market that allows users to bet on real-world events, such as politics, sports or other developments by buying shares on potential…
When the Ethereum Foundation dropped a thread on Jan. 19 claiming “Ethereum is the #1 choice for global financial institutions” and backing it with 35 cited examples, it moved past the standard protocol update or developer announcement. It read like institutional marketing: a ranked claim, a curated evidence stack, and a call-to-action funnel pointing readers to an owned landing page where financial institutions can browse live metrics and click “Get In Touch.” That shift in tone and structure matters because it signals something more strategic than routine developer communications. The Foundation is documenting what’s happening on Ethereum while also actively…