Author: NBTC

Ethereum is facing key resistance, with strong bullish momentum, while liquidation data highlights ongoing market volatility. The first week of 2026 has seen Ethereum (ETH) trading at $3,253.44, down a modest 1.2% in the last 24 hours. With a market cap steady at $392.7 billion and a robust 24-hour volume of $28.85 billion, ETH holds its no. 2 rank firmly. Ethereum has gained 9.5% over the past 7 days and 11% in the last 14 days, reflecting strong positive momentum. A CoinGecko chart shows a positive momentum, particularly from January 6, with a sharp price increase before stabilizing above $3,240.…

President Donald Trump’s campaign to cut Democrats out of U.S. regulatory work has set up an unusual situation at the two agencies that will have the most say over how the federal government handles crypto: A handful of Republican crypto advocates are entirely in charge of both. The U.S. Securities and Exchange Commission just said farewell to its only Democratic commissioner, Caroline Crenshaw, last week, removing routine opposition to its current policy drives. Crenshaw had often cautioned the agency about its shift toward a digital asset embrace, including opposing bitcoin exchange-traded funds (ETF) as a danger to investors. She took…

Four years after Nike announced a surprise acquisition of digital apparel brand RTFKT, the largest sports apparel company in the world has sold the non-fungible token (NFT) studio, sending its flagship Clone-X collection soaring. The move comes a little over a year after RTFKT announced that it would be shutting down operations, resulting in the Clone-X NFT collection tumbling to as low as 0.07 ETH, a 99.7% drop from its all-time high of 24 ETH during the NFT bull run in 2022. However, Clone-X is back up to a 0.3 ETH floor on the sale news, a 200% jump over…

Network News LEDGER FACES CUSTOMER DATA BREACH: Hardware wallet giant Ledger is grappling with a data exposure incident, this time linked to its third-party payment processor, Global-e. An email notification sent to customers by Global-e and initially shared by pseudonymous blockchain sleuth ZachXBT on X said the breach involved unauthorized access to Ledger users’ personal details like names and contact information from Global-e’s cloud system. The email did not disclose the number of clients affected or specify when the exploit occurred. In 2020, Ledger experienced a data breach that exposed information of 270,000 customers through e-commerce partner Shopify. In 2023,…

The US dollar’s global reserve share dropped to 56.32% in Q2 2025, but 92% of that decline was driven by exchange-rate effects, not central bank portfolio changes. Currency adjustments show a marginal decline to just 57.67%, indicating central banks largely maintained their USD holdings. The International Monetary Fund’s new Currency Composition of Official Foreign Exchange Reserves (COFER) report provides important insights for crypto investors tracking macroeconomic trends. The data reveals that central banks kept dollar allocations steady, even amid notable currency swings during the quarter. IMF: Central Banks Stayed Dollar-Heavy Despite Depreciation The IMF’s COFER dataset tracks currency reserves from…

Ethereum (ETH) is trading near $3,200 at the time of reporting, down slightly over the past 24 hours, while showing a 8% gain in the last week. Meanwhile, trading volume sits above $28 billion. With the recent move above the 21-day moving average, some traders are watching for the beginning of a new trend. Ethereum Breaks Above 21-Day MA ETH has closed several daily candles above its 21-day moving average on the ETH/BTC pair. Michaël van de Poppe noted, “It broke above the 21-Day MA and it held it as support.” He suggested this may be the first real uptrend…

Tokenization will transform the financial industry faster than digital technology disrupted legacy media, such as print newspapers, physical copies of music and other analog formats, according to Keith Grossman, president of crypto payments company MoonPay. “While many feared digitization would destroy media, what it actually did was force its evolution,” Grossman said, adding that real-world asset (RWA) tokenization, the process of representing traditional assets onchain, will force traditional institutions to adapt. He added: “This is no longer hypothetical. BlackRock is offering tokenized funds. Franklin Templeton is running tokenized money market funds on public blockchains. Major global banks are piloting onchain…

Two major cryptocurrency exchanges have contributed more than $21 million to a political action committee (PAC) supporting US President Donald Trump. In a Friday filing with the Federal Election Commission, the MAGA Inc. Super PAC reported receiving 1,500,000 liquidated USDC (USDC) from the Gemini Trust Company and two $10 million contributions from Foris Dax, the parent company of cryptocurrency exchange Crypto.com. The exchange has deepened ties with Trump’s media company since 2025 as part of a digital asset treasury strategy. Other contributions related to the crypto and financial industries included $1 million from an executive at payment processing provider Shift4…

Ethereum has recently shown a notable shift in short-term momentum, attracting renewed attention as it approaches a technically important area. While the broader structure remains corrective, recent price behaviour suggests that buyers are becoming more active near key technical levels. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has experienced a clear upside surge from the $2.7K demand zone, pushing the price toward a substantial resistance zone. This resistance is defined by the confluence of the 100-day moving average of $3.4K and the highlighted yellow supply area. Historically, this region has acted as a strong barrier, and…

Finance platforms racing to add prediction markets are doing so at the cost of accelerated “casino-like” user churn, says venture capital firm Inversion Capital founder and CEO, Santiago Roel Santos. Santos argued in a blog post on Saturday that while he is a “believer in the underlying idea” of prediction markets, he thinks offering them in mainstream finance apps like Robinhood threatens future value capture by increasing the risk of user account liquidation. “The problem with casino-like products isn’t that users lose money. It’s that casinos accelerate churn,” he said. “The longer you exist inside a casino, the higher the…