Author: NBTC
Ethereum price failed to bounce back above $3,000 today as investor demand for staking the token continues to weaken. Can Ethereum bulls manage to regain momentum and push past this crucial level? Summary Ethereum price is down 30% over the past month. The amount of staked ETH has significantly dropped over the past months. A death cross pattern is looming on the daily chart. According to data from crypto.news, Ethereum (ETH) rose to an intraday high of $2,973 on Nov. 26 but failed to breach the key psychological resistance at $3,000, settling at $2,938 at press time. At this level,…
The total market cap of stablecoins is rising rapidly, and a new report suggests the Solana blockchain is leading the charge. In a recent post on X, Bitwise Investments analyst Danny Nelson argued that Solana has seen the most significant increase in its circulating stablecoin supply since the passage of the GENIUS Act. Solana’s Stablecoin Supply Jumps 40% After GENIUS Act Solana is currently the third-largest blockchain by stablecoin hosting. But Nelson pointed out that, despite this, it has been the fastest-growing blockchain for stablecoin supply over the past three months. On July 18, President Donald Trump signed the GENIUS…
Bitcoin Exchange Binance Launches Listing Campaign! Numerous Altcoin Trading Pairs Listed! Here Are the Details
Binance announced that it will launch new trading pairs and Spot Algo (trading bot) services in three phases to expand the trading options it offers in the spot market and improve the user experience. Binance to Launch New Trading Pairs and Trading Bot Services on November 27 and 29, 2025 According to the statement, new trading pairs will be activated gradually on November 27, 2025 and November 29, 2025. As part of the first phase, HBAR/IDR, MANTA/IDR, SCR/IDR and WLD/IDR trading pairs will be available for trading as of 12:00 on November 27, 2025. Then, the second phase will begin…
Expected next week, Ethereum Fulu-Osaka upgrade (or Fusaka) will start the eventual increase of blob capacity. PeerDAS, or Peer Data Availability Sampling, as a result, makes the data more accessible for all Ethereum-based L2s. Ethereum Fusaka addresses blob space bottleneck issue Ethereum Fusaka hardfork (short for Fulu-Osaka), which is set to happen on Dec. 3, will give a massive boost to blobs space scaling. It is instrumental for Ethereum (ETH) at that stage since its current limit is reached, cryptocurrency researcher and investor Anthony Sassano says in a tweet. The current blob target on Ethereum is 6 blobs per block…
A Bitcoin-focused fintech company, New York Digital Investment Group, raised concerns over the lack of proper reserve reporting by the team behind the stablecoin USD1. Analysts find it odd that a stablecoin launched by the U.S. President’s family is held mostly outside America. Summary NYDIG report points to the USD1’s structure that won’t fit the GENIUS Act requirements once it comes into effect. Analysts view the lack of reserve reports by USD1 since July as a huge concern. Another problem outlined by NYDIG is USD1’s ties with Binance, as 79% of USD1 stablecoins are based on the BNB blockchain. 78%…
Paypal offers over $1 million in bitcoin prizes through a nationwide sweepstakes for US residents, with multiple winning tiers and entry methods. Paypal is hosting a cryptocurrency sweepstakes from November 17 to December 21, 2025, offering participants multiple ways to win bitcoin prizes. Participants can gain entries by making crypto transactions on Paypal or through a no-purchase mail-in option, with prizes ranging from $500 to $100,000 in bitcoin for U.S. residents 18 and older. The sweepstakes features 1,000+ winners across five weekly periods, with prize tiers including one $100,000 winner, five $10,000 winners, and 162 winners of $500 in bitcoin.…
Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the network into a ‘high-security, low-profitability’ phase. While the network’s hashrate has pinned itself above the one-zettahash watermark, which is a record for aggregate computing power, the revenue underpinning that security has disintegrated to historic lows. Still, the system appears robust to the protocol. However, the mining sector is undergoing a slow-motion liquidation in the capital markets. Bitcoin mining difficulty folds, hashrate holds According to Cloverpool data, Bitcoin mining difficulty slipped approximately 2% at block height 925,344 on Nov. 27 to…
Ethereum shows early signs of recovery as $25 million in shorts get liquidated, signaling bullish momentum may be building. Ethereum (ETH) is attempting a mild rebound after recent downside pressure, with the price hovering around $2,912.14 at press time, up roughly 1.6% over the past 24 hours. The intraday range between $2,862.84 and $2,973.89 shows buyers repeatedly testing the upper band but still struggling to reclaim the $3,000 psychological level. Zooming out, however, the broader picture remains cautious. Ethereum is still down about 5.5% over the past week, 16% in the last 14 days, and more than 30% on the…
Conflicting Statements from FED Officials – Two Members Spoke, What Will Happen to Interest Rate Cuts?
FED officials made different statements about the interest rate cut process and the current risks in the economy. Minneapolis Fed President Neel Kashkari noted that rising electricity demand could raise average prices nationwide, saying, “If investment demand for data centers is very strong, that could push up interest rates.” Kashkari also added, “If the Fed significantly lowers interest rates, the economy could face a wave of high inflation.” Kashkari added that monetary policy decisions will continue to be based on data and analysis, independent of political pressures. Meanwhile, Fed Board Member Stephen Miran said the tension between the institution’s dual…
Wirex, a renowned crypto wallet and payment entity, has partnered with Crossmint, a Web3 infrastructure platform. The partnership aims to offer seamless multichain payments via stablecoins with a secure, compliant, and unified architecture. As Wirex disclosed in its announcement, the strategic collaboration will substantially accelerate the future advancement of on-chain payments. Thus, this development sets a unique benchmark for stablecoin settlements across different blockchain networks. 1/ We are forming a strategic partnership with @crossmint to bring our stablecoin payment infrastructure to non-EVM chains, starting with @StellarOrg.This makes us the first global payments provider to deliver banking-grade stablecoin settlement across non-EVM…