Author: NBTC

Cryptocurrency analytics company MakroVision has shared its assessment of the current technical outlook for Ethereum (ETH). According to the analysis, while the Ethereum price has touched the lower green trendline again, an upward breakout has not yet occurred. MacroVision argued that the current recovery is more of a correction than a strong and momentum-driven rise, and that weakness persists in the market. The company’s assessment highlighted that the short-term outlook is at a critical juncture. Accordingly, the orange support zone between $2,810 and $2,880 is currently the most important level on the chart for Ethereum. If the ETH price remains…

IREN has now locked in $3.6 billion of fresh capital across two transactions that both priced this week. Approximately $1.6 billion came from a registered direct equity sale of 39,699,102 shares at $41.12, expected to close on Dec. 8.In addition, $2.0 billion came from the pricing of its new convertible debt package, split between $1 billion of 0.25% notes due 2032 and $1 billion of 1% notes due 2033. Shares fell 15% Tuesday on the announcement of the capital-raising efforts and are modestly higher in early action Wednesday following the sale’s pricing. After a massive climb this year, IREN is…

The US Senate’s crypto market structure bill must be passed quickly while lawmakers can still cut deals to advance it, but it will require concessions, says a top White House crypto advisor. “There *will* be a crypto market structure bill — it’s a question of when, not if,” Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, said on Tuesday. “Assuming a multi-trillion-dollar industry will continue to operate indefinitely without a comprehensive regulatory framework is pure fantasy,” he added. The Senate is looking to pass laws defining how the Securities and Exchange Commission and the…

Ethereum has taken a sharp turn after facing a firm rejection at the $3,220 level, with price breaking structure and slipping into a weaker posture. The speed of the drop and lack of strong buying interest raise an important question for traders: Is this merely an early warning sign within a broader uptrend, or the start of a deeper distribution phase that could pressure ETH further in the near term? Rejection At $3,220 Signals Distribution, Not A Shakeout Crypto analyst PEPE is Friend highlighted that Ethereum’s sharp rejection at the $3,220 level was deliberate rather than random. The drop was…

Luana Lopes Lara, co-founder of the prediction market Kalshi, has become the youngest female self-made billionaire after her company announced a fresh $1 billion funding round Tuesday. The raise, led by crypto-focused venture firm Paradigm, valued Kalshi at $11 billion and drew participation from Sequoia Capital, Andreessen Horowitz and Y Combinator. At 29, Lopes Lara overtakes previous titleholder Lucy Guo of Scale AI and pop icon Taylor Swift, who briefly held the distinction earlier this year. Lopes Lara, born in Brazil and a computer science graduate of MIT, co-founded Kalshi in 2019 with Tarek Mansour, who also now joins the…

A brewing political fight over stablecoin yields threatens to derail long-awaited US crypto market structure reform. Recent developments expose deep divisions among banks, crypto firms, and policymakers over who benefits most from the next phase of financial regulation. Stablecoin Yield Showdown Stalls US Crypto Market Reform At the center of the dispute is whether crypto platforms should be allowed to offer rewards or yield on stablecoins. Galaxy CEO Mike Novogratz warns that opposition from the banking lobby could sink the broader legislative effort altogether, even as existing law already permits certain forms of stablecoin yield. “The dynamics of yield in…

Ethereum shows potential for reversal with mixed momentum indicators and tokenization dominance signaling strength. Ethereum (ETH) has seen a modest 1.1% increase in the past day, currently trading around $3,011.90. The price action has seen significant intraday fluctuations, with Ethereum testing a daily range between $2,872.06 and $3,052.58. This movement shows a recovery trend, as the price surged from a low of $2,872 yesterday to hit the daily high of $3,052. However, some resistance formed near the $3,050 mark while the price held steady above $3,000, making it a crucial support zone. Ethereum’s longer-term performance also shows a positive upward…

Strategy (MSTR) on Monday announced a further 25 basis point increase in the dividend rate of its STRC preferred series to 10.75%. This is the fourth increase since the IPO launch at the end of July. One of Strategy’s perpetual preferred stocks, STRC, or “Stretch,” is designed to offer short duration characteristics with high yield exposure. It currently pays a 10.75% annual dividend, distributed monthly in cash. The dividend rate is adjusted each month to encourage trading near STRC’s $100 par value and to limit price volatility. When launched in July, STRC initially carried a 9% dividend rate at the…

Parliament approved annual taxes on unrealized Bitcoin gains despite strong investor. Box 3 reform shifts taxation from assumed returns toward measured yearly value change. Major parties support the plan to avoid multibillion-euro losses for the treasury. The Netherlands is moving toward taxing unrealized capital gains on Bitcoin, stocks, bonds, and other assets, and parliament backed a major overhaul of annual income tax filings. The proposal would require investors to pay tax each year based on asset value changes, even when no sale occurs. Lawmakers framed the move as a response to court rulings that rejected the current system, which relied…

Blackrock, the world’s largest asset manager, laid out its vision for 2026 and — reading past its bearish outlook for U.S. bonds and the world’s largest economy — it’s a bullish blueprint for institutional crypto adoption. U.S. federal debt will swell past $38 trillion, setting the tone for a market outlook defined by fragility and the failure of traditional hedges, according to the report. For crypto that’s good news, because this economic environment will lead to accelerated digital asset adoption among the Wall Street behemoths. More government borrowing “… creates vulnerabilities to shocks such as bond yield spikes tied to…