Author: NBTC
Ethereum’s daily futures trading volume exceeded Bitcoin’s for the first time on July 10, a landmark development that coincided with the asset’s price testing the $3,000 level. The technical flip in the derivatives market indicates a potential shift in trader sentiment and capital allocation, lending credence to narratives of a changing market structure. Data from Glassnode showed that 24-hour Ethereum futures volume reached $62.1 billion, surpassing Bitcoin’s $61.7 billion. The ratio of ETH to BTC futures volume surged past parity, demonstrating that traders are, for the first time, speculating on and hedging with Ethereum at a scale comparable to Bitcoin.…
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Why Bitcoin treasury champion Strategy is drawing so many identical lawsuits, Coinbase hits a new peak closing price as U.S. perps near, and other keys from the week in crypto. Strategy’s déjà vu You may have heard that Bitcoin giant Strategy is the subject of a class action lawsuit. It accuses the company of misrepresenting the risks associated with its BTC buying plans. Then maybe you heard about the suit again, and again, and again, and again. That’s because there are at…
Anticipation is building for what some analysts are calling a potential “Altcoin ETF Summer,” as the U.S. Securities and Exchange Commission (SEC) takes clear steps to overhaul its approval process for crypto investment products. With 54 crypto ETF applications now on file, the latest shift in SEC strategy toward creating a standardized framework is fueling speculation that a new era of digital asset products is on the horizon. BREAKING 🚨NOW 54 FILINGS FOR U.S. CRYPTO ETFS WITH THE SEC!ALTCOIN ETF SUMMER LOADING… 🚀 pic.twitter.com/8XV79I8Py8 — Crypto Rover (@rovercrc) July 7, 2025 SEC’s new streamlined ETF approval process According to Reuter’s…
The price of Bitcoin (BTC) has surpassed the previous record of $109,590 to reach a high of $111,880, with the upward movement halted at the $112,000 mark. BTC price long-term prediction: bullish The cryptocurrency value has retraced above the 21-day SMA support or the low of $106,710. Bitcoin has started a new rise yesterday, attempting to retest and break through the $112,000 level. If the bulls break through the $112,000 barrier, Bitcoin will rise to highs of $125,000 and $130,000. However, if Bitcoin falls from the current high, it will settle between the resistance at $112,000 and the 21-day SMA…
Ethereum finally broke above $3,000 today, a psychological level it’s struggled with for months. But what’s notable is what drove the move; a spike in short-term wallet activity that suggests retail demand is waking up. Combined with consistent ETF inflows and structural resistance levels now being tested, ETH appears poised for its next major move. The real question: can this momentum hold? Retail Demand is Waking Up, and It’s Visible On-Chain ETH price break above $3,000 isn’t just technical; it’s behavioral. According to Glassnode’s HODL Waves, which measure the percentage of ETH held across different age bands, short-term holders (especially…
Midday trading featured some of Wall Street’s biggest movers, led by Nike, whose shares jumped 17%. Power generation companies also rose, while crypto-related stocks suffered from a downturn. Nike shares were up 17% today by midday today after the firm announced that it has weathered the toughest part of its recent downturn, following a fiscal Q4 earnings report that beat the very low expectations of some investors. The company’s stock is at $72.35 at press time. Nike’s stock price. Source: Yahoo Finance In its report Thursday, Nike confirmed that the biggest costs fell in the fourth quarter, easing concerns that…
Although the crypto market kicked off to a positive start on July 7, 2025, prices of leading cryptocurrencies, including Solana, were seen moving into the red zone in the latter hours of the day. At the time, on-chain monitoring firm Whale Alert spotted a mysterious whale moving large amounts of SOL to the leading U.S. crypto exchange, Coinbase. According to data shared by the source, the large crypto transfer involved a massive 586,233 SOL worth a total of $88,985,275. The move, which happened while the broad crypto market is experiencing mixed price actions, has fueled debates among commentators. While the…
Bitcoin’s recent pullback has established strong volume-based resistance near $108,300, with support forming in the $106,700-$107,000 zone. The correction accelerated with a notable price surge from $107,373 to $107,671 between 13:06-13:36, followed by a sharp reversal. Technical analysis suggests Bitcoin is now trading within a compression zone, trapped between two major fair value gaps that will determine the upcoming market direction. If bulls reclaim the $109K to $110K area, price could push toward resistance beyond $112K, while a break below $107,000 might test liquidity around $106K. Technical Analysis Breakdown The decline accelerated during the 22:00-23:00 hour on May 24th with…
Ethereum has finally made a decisive move after weeks of sideways consolidation, breaking above critical resistance and trading above the psychological $3,000 level. This surge has caught the attention of both spot buyers and derivatives traders, pushing ETH into a key technical and on-chain inflection point. The breakout coincides with heightened market interest, but the sustainability of this move now depends on how the price reacts to major supply zones in the coming days. Technical Analysis By ShayanMarkets The Daily Chart On the daily timeframe, ETH convincingly broke above the $2,800 resistance level, sweeping previous highs and reclaiming territory that…
Speaking on the Power Lunch program on CNBC, Jefferies chief market strategist David Zervos said that a possible power struggle at the Fed could have positive effects on the stock market. According to Zervos, changes in the Fed’s structure could result in a president who advocates lower interest rates, which could create a positive environment for markets. Zervos noted that the term of current FED Chair Jerome Powell will end in the spring of 2025, and that President Trump could appoint at least two new members during this period. In this case, he noted that four members of the FED’s…