Author: NBTC

Ethereum price remains under pressure in early February as selling momentum builds across both on-chain and technical indicators. The token has slipped below key support levels following a confirmed chart breakdown, while fresh data shows large holders and long-term investors beginning to reduce exposure. With Vitalik Buterin selling $ETH and accumulation slowing, the $1,800 zone is now emerging as a critical near-term downside risk. Head-and-Shoulders Breakdown Aligns With Vitalik’s $ETH Selling Ethereum’s latest decline accelerated after a clear technical breakdown on February 3. On the daily chart, $ETH completed a head-and-shoulders pattern that had been forming since mid-November. When the…

Institutional confidence in Bitcoin-linked equities continues to strengthen across global markets. AllianceBernstein, an asset manager overseeing 850 billion dollars, has reiterated its buy rating on Strategy. The firm also reaffirmed a price target of 450 dollars for MSTR stock. This endorsement places Strategy firmly among favored institutional crypto exposure plays. Strategy operates as a Bitcoin treasury company with one of the largest corporate Bitcoin positions worldwide. AllianceBernstein believes this structure provides unique leverage to Bitcoin’s long term price appreciation. The firm views Strategy as more than a software company. It sees a disciplined capital strategy aligned with digital asset adoption…

The U.S. government is formally reversing its previous stance on banning certain activities at prediction market firms such as Kalshi and Polymarket, with U.S. Commodity Futures Trading Commission Chairman Mike Selig moving Wednesday to withdraw a proposed event-contracts rule from 2024 and scrapping an earlier advisory he said confused the industry. In 2024, the derivatives regulator proposed a rule that would have banned contracts based on the outcome of political events, legally equating them with illicit contracts on war, terrorism and assassination and calling them “contrary to the public interest.” That rule never advanced to a final stage before President…

Vitalik Buterin stated the crypto space does not need more L1 infrastructure, just a day after claiming the L2 model is overdone and broken. Buterin warned against non-EVM layers as virtually useless. Vitalik Buterin dealt another blow against yet another ‘Ethereum killer’, claiming hardly anyone needed another EVM-compatible L1 chain. The renewed discussion came just a day after Buterin stated that L2 no longer makes sense, as Cryptopolitan reported. This time, Buterin attacked the creation of L1, using hype to draw attention to yet more newly created networks. Buterin was direct in disclaiming any more attempts to create more L1…

Polygon Labs, a developer of solutions for scaling the Ethereum blockchain, has agreed to acquire the licensed crypto cash network Coinme and its subsidiary, Sequence. The total deal value exceeds $250 million. The acquisition aims to establish Polygon’s presence in the U.S. licensed stablecoin payments sector. Coinme brings money-transmitter licenses valid in 48 states and a network of over 50 000 physical kiosks. This provides on- and off-ramps between traditional cash and digital assets. Sequence contributes smart wallet technology and a cross-chain transaction engine. The combined infrastructure is intended to form the core of the Polygon Open Money Stack. This…

Yes, Bitcoin is legal in India. This means that you can legally hold, buy and sell cryptocurrency. It is also legal to mine cryptocurrency in India. However, India is yet to adopt a framework for regulating cryptocurrencies. While Bitcoin is unregulated in India, that does not mean that you don’t have to pay taxes on profits you make from selling Bitcoin (or any other cryptocurrency). In India, there is a 30% tax and a 4% cess on cryptocurrency gains. Even though Bitcoin is legal in India, it is not legal tender in the country. That means that $BTC can’t be…

Ethereum faces resistance near key levels, but the surge in active addresses signals growing network engagement and potential for recovery. Ethereum ($ETH) is experiencing further volatility, as seen in the recent price movements. Trading at $2,113, the largest altcoin by market cap has faced a sharp decline, dropping 6.99% in the last 24 hours. $ETH’s price has fluctuated between $2,110 and $2,230 in the past 24 hours. The token is notably down 29.67% over the past 7 days and 36.17% over the last 90 days. Year-to-date, $ETH has shed 28.74%, signaling a persistent downtrend. Looking at the long/short ratios, Ethereum…

Wall Street broker Bernstein is kicking off 2026 by naming blockchain lender Figure Technology (FIGR) its top investment idea, citing the company’s potential for rapid growth in a new market. Bernstein’s bullish call is driven by Figure’s role in modernizing legacy banking infrastructure by moving traditional ledgers onto blockchain rails, a theme the analysts believe is gaining urgency amid banking sector uncertainty and a more assertive regulatory framework for crypto. “Figure upgrades legacy banking ledgers to the blockchain ledger,” analysts led by Gautam Chhugani wrote in a note on Wednesday, adding that the company’s “business model can evolve rapidly towards…

In November of 2017, convicted child sex offender and late financier Jeffrey Epstein informed an individual who had previously declined a marriage offer from Bitcoin entrepreneur and Tether co-founder Brock Pierce via email that it was “time to grow up.” “Plans?? Brock? Travel?” Epstein asked the person, who he had once described as Pierce’s “little” girlfriend—and his own assistant—in an email to Joi Ito, the former director of MIT Media Lab. In response, the person told Epstein that she was doing her best. The job market was tough, but she still viewed employment as a form of independence. At the…

Ethereum continues to face technical pressure as short-term price structure weakens and broader market confidence remains fragile. On the 4-hour chart, $ETH maintains a clear bearish trend, with lower highs and lower lows guiding price action. The recent recovery attempt toward the $2,125 area failed to alter this structure, reinforcing the view that the move lacked conviction. Hence, traders remain cautious as price stays below critical resistance zones. Bearish Structure Dominates the 4H Chart Ethereum trades below all major exponential moving averages, including the 20, 50, 100, and 200 EMAs. These levels now slope downward and cap upside attempts. Additionally,…