Author: NBTC
Ethereum is consolidating near the critical $3,900-$4,000 resistance, with repeated tests weakening seller control. A breakout above this resistance, backed by the ascending triangle pattern, could see Ethereum targeting $10,000. The $4K level is pivotal, with the broader crypto market and bullish sentiment supporting potential upward movement. The prices for Ether have attracted a great deal of discussion especially since this cryptocurrency currently presents an ascending triangle pattern on higher time frames. This particular pattern, which suggested a bullish outlook, put Ethereum slightly below a key resistance level of between $3,900 and $4,000. At press,Ethereum is trading at $3,280.23, down…
The crypto market is seeing significant activity as many tokens have touched exclusive all-time highs. As per data from Phoenix, the top names in the case of recent all-time high price spots include $BGB, $SOL, and $BTC, showing resilient market confidence and growth. The on-chain analytics platform provided the details of these projects on social media. TOP TOKENS THAT HAVE REACHED A NEW #ATH RECENTLY$BGB $BTC $LEO $SOL $KAIA $STRDY $WOJAK $KOMA $MOG $BONK pic.twitter.com/mnHhWX3hnR — PHOENIX – Crypto News & Analytics (@pnxgrp) November 24, 2024 $BGB Leads the Crypto Projects with Recent All-Time Highs $BGB dominates the crypto projects…
Bitcoin resolved a WXY corrective pattern, signaling a transition toward bullish momentum and potential new all-time highs. The ongoing fifth Elliott Wave phase suggests significant price surges and heightened volatility in the bull market. Fibonacci levels and proper wave cycles underline BTC’s structural progression, supporting favorable upward movement. Bitcoin’s recent price movement has drawn attention as the bearish correction observed earlier resolved into a WXY pattern. This structural development, analyzed over the past month, marks a pivotal point in Bitcoin’s trajectory. WXY Pattern Completion and Current Outlook A detailed examination of Bitcoin’s price structure by XForceGlobal revealed a bearish correction…
Ethereum (ETH) continues to lose ground to Bitcoin (BTC) as the latter’s dominance rises, with US President-elect Donald Trump set to take office later today. At the time of writing, the ETH/BTC trading pair stands at 0.031, marking a four-year low for the ratio. ETH/BTC Continues To Decline As Trump Focuses On Bitcoin Over the past year, Bitcoin has appreciated by an impressive 158%, surging from approximately $41,000 on January 21, 2024, to $107,608 at the time of writing. The cryptocurrency has consistently reached new all-time highs (ATH) throughout the year. In contrast, Ethereum has delivered a modest return of…
The meme coin frenzy has taken over the cryptocurrency space. As Bitcoin hits a new all-time high (ATH) and the total crypto market cap surpasses the $3 trillion mark, the spotlight is back on the sector, but it is the meme coins like BRETT that are leading the race this cycle.Already, meme coins have been leading as the most popular and profitable narrative in previous quarters, and now, as the market rejoices over Donald Trump winning the US Presidential elections, they are once again drawing all the attention and capital away from all the other crypto trends.There is no longer…
Thailand is planning to launch its cryptocurrency sandbox before the end of this year. According to former Prime Minister Thaksin Shinawatra, the sandbox will likely be launched around October and will be located in Phuket. According to Shinawatra, the move will be a turning point for the country, noting how well they have thrived regarding the crypto industry. Shinawatra also thinks that Thailand is well equipped compared to other regions, as they continue to move ahead in the crypto industry. He noted that the crypto industry has been boosted by the decision of the United States President-elect Donald Trump to…
Michael Saylor, MicroStrategy’s executive chairman and a former CEO who helped to found the company, has published a tweet as if to celebrate the new historic price mark reached by Bitcoin. Unlike his other recent tweets, where Saylor published AI-generated images of himself, this time, he has posted an actual photo with other influential people, accompanying it with a slogal: “The future is Bright.” The “B” in the last word has vertical strokes as in a Bitcoin logo. The influential people who are in the photo with Saylor are the politician Robert Kennedy Jr. and Jared Kushner. Together with them…
The Ethereum Foundation has sold a large amount of ETH, this time selling 100 ETH for $336K, according to Lookonchain’s update. This sale contributes to the subsequent series of transactions conducted by this foundation, where a total of 4,666 ETH worth $13.3 million has been sold from 02 January 2024. The #Ethereum Foundation just sold another 100 $ETH($336K)!#Ethereum Foundation has sold a total of 4,666 $ETH($13.3M) since Jan 2, 2024.https://t.co/li1EpJ7CS1 pic.twitter.com/GFIIqg0Ioi — Lookonchain (@lookonchain) January 20, 2025 Tracking the Transactions The sale via the CoW Protocol shows how the foundation is gradually using on-chain liquidity for diversification. More specifically, the…
Cardano revolutionizes industries with its sustainable blockchain, offering adaptability for sectors like agriculture and retail through smart contracts. Dogecoin proves resilient, driven by celebrity support and rising network usage, achieving a 73.67% price increase over the past year. Polygon scales Ethereum effectively, reducing costs and enhancing blockchain scalability, making it a vital tool for developers. As the crypto market evolves, top altcoins are positioning themselves for a breakthrough in 2025. From Cardano’s low-cost blockchain innovation to Dogecoin’s unwavering popularity, these cryptocurrencies showcase transformative potential. Meanwhile, Polygon addresses Ethereum’s scaling challenges, Kaspa tackles the blockchain trilemma, and Stellar revolutionizes cross-border payments.…
The following article is an op-ed by Mike Romanenko, CVO & Co-founder of Kyrrex. The crypto industry in Europe is standing at the threshold of a regulatory transformation. The Markets in Crypto-Assets Regulation – MiCA –, the European Union’s landmark framework for crypto governance, is set to become a legal requirement, shaping the industry’s future. MiCA introduces unified rules for transparency, anti-money laundering (AML), and consumer protection, promising to enhance trust and foster growth. But is the market ready for the seismic changes it demands? Mike Romanenko, CVO & Co-founder of Kyrrex, reflects on the European market status stepping in…