Author: NBTC
As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies. On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors. Ethereum Falls Below $2,600: Potential End To Altseason Over the past few days, on-chain data has surfaced, indicating large-scale selling of Ethereum and Solana tokens primarily by Binance (BNB), the world’s largest cryptocurrency exchange. Market expert Crypto Rover highlighted that these sales, which occurred over…
The crypto market in India is witnessing an unprecedented surge as thousands of people—particularly young workers—turn to Bitcoin, Ethereum, and Dogecoin in an attempt to escape stagnant wages and a brutal job market, according to a report from Reuters. This isn’t only happening in major metros like Mumbai and Delhi. Small cities Jaipur, Lucknow, and Pune are seeing a surge in crypto adoption too, as more people look for ways to supplement their income amid slow economic mobility. Ashish Nagose, a 28-year-old flower shop owner in Nagpur, started trading crypto two months ago after attending a local trading school, according…
Legendary Brazilian footballer Ronaldinho has sparked speculation about a potential cryptocurrency launch after warning his followers about fake meme coins using his name. Celebrity meme coins have lately become a controversial topic in crypto, with reports bordering on manipulation and scams. Ronaldinho Hints Possible Meme Coin Launch In a recent post on X (Twitter), the football enigma cautioned the crypto community against fraudulent tokens and hinted at upcoming “big news.” While the announcement has ignited excitement among some fans, others remain skeptical. “Hey guys! Keep an eye out for fake memecoins with my name around here. Remembering that I don’t…
There are several ways to filter the performance or dominance of various blockchains. Today, CryptoRank.io shared metrics that ranked top blockchains in terms of new wallet addresses created in respective platforms over the past seven days. Over 2M New Wallets Were Active on Base and BNB in Last 7dOver the past 7 days, more than 2 million new wallets made their first transaction on @Base and @BNBCHAIN.@SonicLabs, @Ronin_Network, and @Avax also ranked among the top, surpassing other EVM chains. pic.twitter.com/vgHGrlDDNJ — CryptoRank.io (@CryptoRank_io) February 27, 2025 Top 11 blockchains by new wallet addresses Base As per data, Base, the L2…
Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450. Ethereum is facing an increase in selling below the $2,450 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,400 and $2,500. Ethereum Price Extends Losses Ethereum price failed to clear the $2,550 resistance zone and started a…
Latin Americans have long struggled with currency devaluation and limited access to stable savings options. Now, Colombian fintech Littio is expanding its financial offerings by introducing a Euro-denominated account with a high-yield savings option. Through a partnership with Circle’s EURC stablecoin and OpenTrade’s real-world asset (RWA)-backed yield platform, Littio’s new product offers a seamless way for individuals and businesses to hold, spend, and earn interest on euros. The initiative aims to bridge the gap between Latin America and Europe, providing more financial stability for freelancers, businesses, and migrants alike. “Littio’s new EURO IBAN account and savings offering exemplifies how Avalanche’s…
Vanar Chain, the Layer-1 (L1) blockchain, has announced a new strategic partnership with Worldpay, a payments technology company, as reported to Finbold on Friday, February 28. The partnership is meant to drive innovation in Web3 payment solutions and, according to Vanar Chain CEO Jawad Ashraf, “bring blockchain technology to the forefront of global payments.” In addition, BCW Group will provide the two parties with technical services for transaction validation as a partner for Web3, artificial intelligence (AI), and cloud infrastructure. Innovative Web3 payments As of now, Worldpay processes over $2.3 trillion (~50 billion transactions) every year in 146 countries worldwide…
Whales are accumulating ETH, with wallets holding 10K–100K ETH growing by 24%, signaling strong investor confidence. Ethereum’s stablecoin dominance and potential ETF approval could fuel market expansion and long-term adoption. Rising realized price amid accumulation suggests ETH investors are preparing for a potential breakout in 2024. Ethereum (ETH) experiences robust accumulation signaling a bull run for 2024. According to Ki Young Ju, CryptoQuant CEO, there is no sell pressure following the Bybit hack. Market indicators are neutral, yet whale wallets signal additional accumulation. This trend signals that long-term investors are setting up for a potential breakout. Whales Are Accumulating ETH…
Changpeng Zhao, the former chief executive of cryptocurrency exchange behemoth Binance, has clarified that he did not sell any crypto during the devastating crash that took place earlier this Tuesday. Earlier today, the leading cryptocurrency plunged to $86,141, reaching the lowest level since November. However, it has since managed to pare its massive losses, currently trading at $94,519. Still, Bitcoin is 19.2% away from reclaiming its current all-time high of $108,786, meaning that it is close to bear market territory. As reported by U.Today, CZ, who remains a highly influential voice in the crypto community despite being forced to leave…
Amid growing filings for altcoin ETFS, a Shiba Inu ETF proposal has not sprung up, with the ecosystem team recently calling for an application. Shiba Inu market lead Lucie recently talked up a Shiba Inu exchange-traded fund (ETF). In an X post, she called on issuers and sponsors to set the approval process for a publicly traded fund tracking the meme coin’s price in motion. Wen Shiba Inu ETF? Notably, several altcoins have drawn the attention of asset managers recently following the approval of the Bitcoin and Ethereum spot ETFs. Aside from prominent assets like Solana, XRP, and Cardano, meme…