Author: NBTC
Bitcoin (BTC) has suffered its steepest three-day decline since the FTX crash, shedding 15% in just 72 hours. Bitcoin Suffers Biggest Three-Day Drop Since FTX Crash, Analyst Warns of Potential Drop to $72K According to Markus Thielen, founder of 10x Research, BTC could potentially drop to the $72,000-$74,000 range in a worst-case scenario before staging a possible recovery. In a report to clients today, Thielen highlighted $82,000 as a critical level based on the realized price of short-term holders (the average price at which addresses that have held BTC for less than 155 days acquired their tokens). The fact that…
An Ethereum whale is sitting on $58 million in unrealized profit after shorting ether at $3,220. ith Coinglass data showing cryptocurrency liquidations exceeding $1 billion amid a fresh market crash, many traders faced massive losses. However, as Bitcoin (BTC) and altcoins plunged, one trader who shorted Ethereum (ETH) is positioned for significant gains. The whale shorted ETH with 50x leverage, taking the position as the top altcoin traded at $3,220. According to data Lookonchain shared by Lookonchain on X, the trader currently holds $58 million in unrealized profit, including funding fees. This comes as ether dropped below $2,400. On Feb.…
Litecoin surges 7.65% to $129.10, boasting fast 2.5-minute transactions & 2,000+ merchant support, enhancing digital payments & privacy. Avalanche jumps 3.45% to $22.97, leveraging high-speed 6,500 TPS & Ethereum interoperability to dominate DeFi & DApp expansion. Hedera climbs 1.19% to $0.1994, using hashgraph tech & PoS security to offer enterprise-level speed, scalability, & cost efficiency. The crypto market is heating up, and Litecoin, Avalanche, and Hedera are leading the charge. With rapid transaction speeds, growing adoption, and groundbreaking technology, these altcoins are poised for massive gains. Litecoin(LTC) Performance and Utility Source: Coinmarketcap Over the last 24 hours Litecoin experienced a…
The House Oversight Committee is investigating whether the FDIC’s delayed crypto oversight and banking restrictions were driven by political motives or unlawful regulatory overreach. House Oversight Committee Investigates FDIC’s Crypto Policies The House Committee on Oversight and Government Reform announced on Feb. 28 that Chairman James Comer (R-KY) is investigating the Federal Deposit Insurance Corporation’s (FDIC) approach to cryptocurrency oversight under the Biden administration. Comer’s probe follows concerns raised by the FDIC’s acting chairman, who stated: The agency’s efforts to monitor cryptocurrency under the Biden administration were rife with delays and often discouraged banks from pursuing crypto-related endeavors. Reports indicate…
Dune Analytics announced support for 100 blockchains on February 26, 2025, expanding its data tools amid increasing demand for unified cross-chain analytics. Dune’s Cross-Chain Data Tools Now Cover 100 Networks The blockchain analytics and intelligence platform Dune now integrates major layer one (L1) networks like Ethereum, Solana, and Avalanche; layer two (L2) solutions including Arbitrum and Polygon; and niche ecosystems such as Polkadot parachains. Four additional chains—Fuel, Lens, Somnia, and opBNB—will join soon. The update addresses fragmentation in blockchain ecosystems, where over 150 active networks exist but most analytics platforms support fewer than 20 chains. Dune CEO Fredrik Haga told…
Is forced liquidation looming for Bitcoin’s biggest corporate believer? Strategy’s stock is crumbling, Bitcoin is struggling, and debt is piling up. Could the company’s aggressive strategy backfire? Table of Contents Forced liquidation fears explode The reality behind Strategy’s liquidation fears Can Strategy keep raising capital in a bear market? Would a Strategy liquidation break Bitcoin? Forced liquidation fears explode For months, Strategy (formerly MicroStrategy) had been riding high, propelled by Bitcoin’s (BTC) relentless rally and renewed optimism in crypto markets following pro-crypto Donald Trump’s return to the White House. The company’s stock soared to an all-time high of $543 in…
Dr. Leemon Baird, co-founder of Hedera (HBAR), said it was important for the Decentralized Recovery Alliance (DeRec Alliance) to be a multi-chain initiative rather than a Hedera-specific effort. Speaking on the subject, Baird reminded that Cardano (ADA), Ripple (XRP), Algorand (ALGO) and Hedera are among the founding members and said that it is important to ensure cooperation across the industry. “It’s very important that the DeRec Alliance is not just a Hedera thing. It’s a multi-chain thing,” he said. “Cardano is a founding member. Hedera is a founding member. We have Ripple. We have Algorand. We have a lot of…
Blockchair announced today the launch of its Stacks Explorer, further expanding its mission to provide comprehensive blockchain analytics. This new integration brings Blockchair’s powerful search and analytics tools to the Stacks ecosystem, a leading Bitcoin Layer 2 (L2) solution, and includes full support for sBTC, a 1:1 programmable Bitcoin asset introduced on the Stacks mainnet in December 2024. The Stacks Explorer provides deep insights into on-chain activities, including transactions, addresses, smart contracts, and token data, making it easier for developers, researchers, and everyday users to interact with the network. “At Blockchair, our mission is to be the most powerful and…
Bitcoin (BTC) has faced significant downward pressure over the past week, with its price falling below $90,000 for the first time since November 2024. It is down 11% in the last seven days and is currently trading near a critical resistance level of $85,985. Technical indicators are showing predominantly bearish signals. The red cloud is positioned above the current price action and widening slightly, indicating increasing bearish momentum. Despite this short-term weakness, some analysts point to potential signs of recovery as short-term EMA lines begin to trend upward. Bitcoin Ichimoku Cloud Shows a Bearish Setup The Ichimoku Cloud for Bitcoin…
Aya Miyaguchi has been appointed as the new president of the Ethereum Foundation, marking a leadership transition amid growing public criticism. Miyaguchi expressed his commitment to promoting Ethereum’s unique culture and serving as a bridge between Ethereum and the global community. The move comes after weeks of criticism from some members of the Ethereum community over the foundation’s leadership and lack of transparency. Addressing the concerns, Miyaguchi described Ethereum’s decentralized nature as both a challenge and a strength. “The past few weeks have illuminated something profound about ETH; it becomes most obvious in moments of tension, when debates arise over…