Author: NBTC
Ethereum breaks under $2,400 as the crypto market crash intensifies. Will the declining ETH price hit $2,000? With another day in the bear market, the industry loses $771 million in liquidation. With the downfall, Ethereum has broken under the $2,400 support level and is now trading at a market value of $2,337. Following the 6.40% dump last night, Ethereum is now testing its crucial support near the $2,200 mark. As the downfall continues, will Ethereum plunge to its psychological support of $2,000? Ethereum Freefall Continues In the daily chart, the Ethereum price trend continues, creating its third consecutive bearish candle.…
The total stablecoin supply has surpassed $221 billion, making up more than 1% of the U.S. dollar M2 money supply. Stablecoins, once a niche sector, now account for over 1% of the U.S. dollar M2 — a broad measure of money including cash and deposits — money supply, with the market reaching $221 billion after adding nearly $100 billion since 2024, according to data compiled by analysts at OurNetwork. Tether’s (USDT) market share dropped from 73% to 64%, while Circle’s (USDC) gained ground, rising from 20% to 25%. And while both account for 89% of the total stablecoin market share,…
Ethereum is gearing up for a major upgrade that could allow users to pay fees in ERC-20 tokens like Shiba Inu (SHIB). This will be made possible through the upcoming Pectra hard fork, a significant upgrade that combines 11 Ethereum Improvement Proposals (EIPs) into a single package. Pectra’s Account Abstraction Feature Scheduled for March 2025, Pectra is expected to usher in significant improvements to staking efficiency, wallet usability, and scalability. At the core of the upgrade is the account abstraction feature, which aims to improve wallet usability by making them more intuitive. With this feature, Ethereum users can pay for…
The power of Moore’s Law is inevitable: every two years, humanity’s computational capabilities and efficiency double. Microchips were the first to take the wheel of the Information Age’s progress — now it is AI’s turn in the limelight. As more people start to grasp the scope of perspectives AI adoption opens, old-fashioned players, corporations, and long-standing practices are gradually redefined across entire sectors.Take the financial industry and its radical AI transformation with the rise of Deobanking. Decentralized Onchain Banking marries artificial intelligence and blockchain for a new understanding of how a financial ecosystem works. Deobanking’s breakaway from its predecessors (traditional…
Bitcoin dropped below $80K for the first time since November, reaching a low of $78,984.63. The crypto market declined, with ETH, SOL, and XRP dropping over 7%. Bitcoin has dropped below $80,000 for the first time in over three months, marking a sharp reversal from its post-election rally. The decline comes amid macroeconomic uncertainty and concerns over U.S. President Donald Trump’s proposed tariffs. Bitcoin is trading at $80,050, rebounding slightly after hitting a low of $78,984.63. The market cap stands at $1.57 trillion, while the market cap ratio is 4.38%. The 24-hour trading volume is $70.72 billion, showing a 1.27%…
The crypto market has seen a bloodbath throughout February, with Bitcoin plunging to its 2021 low and trading at $86K while the second largest altcoin Ethereum is also facing intense turbulence. ETH dropped below $2,500 after a massive $1.5 billion hack on Bybit, allegedly led by North Korea’s Lazarus group, triggering a 25% price crash. Now, analysts warn Benjamin Cowen warns that ETH could sink even lower, possibly below $1,000, before any meaningful recovery. still relevant https://t.co/VvzjkkltnZ — Benjamin Cowen (@intocryptoverse) February 26, 2025 Bearish Signals Stack Up ETH’s recent price movement has been largely bearish, with its breakdown below…
Fortune magazine has published an interview with the chief executive officer of the financial services giant Bank of America saying that BoA may well start issuing stablecoins quite soon. Those would be stablecoins for their account holders. The CEO named a key condition for that which can only be fulfilled by US legislators. US likely to legalize stablecoins Bank of America’s CEO Brian Moynihan believes that the US will eventually approve stablecoins as legal and reliable assets. He referred to them as digital assets like Bitcoin. This makes stablecoins “akin to a money market fund with check access or a…
Cardano founder Charles Hoskinson stirs rumors of a meeting with President Donald Trump. Cardano founder Charles Hoskinson has had the community wound up with excitement all through February 2025 with teasers of a meeting with “a special person” towards the end of the month. Hoskinson has again fanned these flames of excitement with an announcement of a Florida trip. “A Thing” On Thursday, February 27, Cardano founder Charles Hoskinson revealed that he would miss ETH Denver, an annual Ethereum hackathon and conference, because he had to be in Florida “for a thing.” In light of Hoskinson’s teaser earlier in the…
IQ GPT, a leading AI tool to understand the crypto sector, has announced its latest integration with Lottry, a prominent transparent, and community-owned lottery run by AI agents. The integration aims to improve the user experience on Lottry with the provision of AI-led, accurate, and rapid responses to queries. The platform took to social media to reveal this integration. Lottry integrates IQ GPT! 👍🏼⚡@Lottryxyz is an AI-driven lottery system that ensures fair draws, secure transactions, and instant payouts without reliance on intermediaries.With IQGPT, the Lottry community can now get quick & accurate answers to their questions, all through… pic.twitter.com/saoTDDlew0 —…
The biggest corporate buyer of Bitcoin, Strategy (formerly MicroStrategy), is under tremendous pressure as a result of the recent decline, as the company now faces an amazing $3.86 billion in unrealized losses in its recent Bitcoin acquisitions. Michael Saylor led the company’s aggressive accumulation strategy, which has drawn praise and criticism. It has a major impact on the price fluctuations of Bitcoin. The approach is being tried more than ever before, though, as Bitcoin by fell more than 13% in 2025. Since the beginning of 2025, Strategy has purchased Bitcoin for about $5.3 billion, but the price of the cryptocurrency…