Author: NBTC
Ethereum has just made history. It printed an incredible $59.21 billion in 24-hour derivatives, surpassing Bitcoin’s $56.33 billion for the first time in a long time. This is not a small anomaly traders can just ignore, as it portends a potentially profound change in the market’s focus. ETH has been progressively recovering in terms of price from a decline that began in mid-June. Ethereum is consolidating above key moving averages on the daily chart. The 50, 100 and 200-day MAs are stacked below price action, providing layered support. Before ETH becomes overbought, there is still plenty of room, even though…
The Trump family’s American Bitcoin Corp. and Gryphon Digital Mining have filed an amended S-4 registration statement with the U.S. Securities and Exchange Commission, moving forward on the public listing for the combined entity. The filing advances a previously announced stock-for-stock merger that will result in the formation of a new publicly traded company, American Bitcoin, expected to trade on Nasdaq under the ticker symbol “ABTC”. The transaction, targeted to close as early as the third quarter of 2025, will see Gryphon merge with a subsidiary of American Bitcoin, making American Bitcoin the new public parent company. Per the merger…
The Solana (SOL) blockchain has achieved a significant milestone as a foundational piece of modern finance. This comes as Bullish, a leading institutional cryptocurrency exchange, is migrating its entire infrastructure to the Solana ecosystem. The integration will utilize specifically Solana-native stablecoins for its operations. Bullish bets big on Solana for payments and more According to an update shared on X by Solana, Bullish, a centralized cryptocurrency exchange with a trading volume exceeding $1.4 trillion, is making a significant shift. Notably, the critical components of Bullish’s operations, including custody payments, trading and settlement, will now be powered by stablecoins on the…
The Cardano Foundation, one of the main entities dedicated to advancing the Cardano blockchain, has unveiled Reeve, an enterprise-grade solution designed to enhance financial data management through blockchain technology. The solution, built on the Cardano blockchain, aims to streamline ESG reporting and audit compliance while addressing risks associated with traditional reporting platforms, such as susceptibility to error, lack of transparency, and operational inefficiencies caused by data silos. The Foundation says that Reeve allows organizations to maintain accessible, verifiable, and immutable records by anchoring financial data onto the Cardano blockchain. The platform integrates with existing enterprise resource planning (ERP) systems to…
Ethereum (ETH) price has been quietly rebuilding strength after weeks of sideways movement, leaving traders wondering if a major breakout is around the corner. With the price hovering above $2,600 and key technical signals flashing early bullish signs, all eyes are on whether ETH price can push above its next resistance and reclaim the $3,000 level soon. In this article, we break down Ethereum price daily chart, examine support and resistance levels, study the momentum indicators, and run a few quick calculations to predict where ETH could be headed next. If you’re watching ETH price closely, this analysis will help…
Anthony Scaramucci, the founder of SkyBridge Capital and former White House Communications Director, has consistently positioned himself as one of Bitcoin’s most vocal supporters. In early January, he appeared on the Bankless podcast to reaffirm his bullish stance, not just on Bitcoin, but also on a handful of other digital assets that he believes have long-term utility. Scaramucci’s crypto portfolio, based on his public commentary, is structured with 50% allocated to Bitcoin (BTC), while the remaining half is split evenly across Solana (SOL), Avalanche (AVAX), and Polkadot (DOT). Among these, Solana stood out as his top pick for a layer-one…
Pumpfun’s large-scale pre-sale for PUMP tokens, along with preparations for listing on centralized exchanges, has been on the cryptocurrency community’s agenda. However, another issue that caught the community’s attention was the statements made by one of the platform’s founders, Alon, in the past. In a post dated March 31, 2024, Alon openly questioned the purpose of pre-sales and made the following statement: “The only advantage of pre-sales is that it gives you the opportunity to pocket the money raised. Conclusion: Every pre-sale is a scam.” These statements have created conflict and trust issues in the community, especially considering that Pumpfun…
Fast Finality on BNB Chain reduces transaction finality time to just 7.5 seconds. Binance now fully supports BNB Chain’s Fast Finality for faster, safer confirmations. Previously, you had to wait tens of seconds to see a transaction actually locked on the BNB Chain network, but now everything has changed. Fast Finality, a long-awaited new feature, is finally officially active and fully integrated on the Binance platform. With this upgrade, users can see their transactions finalized in less than 8 seconds. Fast, huh? But it’s not just fast—this feature also makes transactions safer because they are less likely to be canceled…
Bitcoin has surged more than 47% from its recent lows, hitting a new all-time high in May as holding patterns show strong accumulation. Unlike in past market cycles, long-term holders are not in a hurry to sell. On-chain data reveals a notable lack of aggressive selling despite substantial profit potential, indicating strong conviction among long-term investors and little structural drag on the uptrend. Real Vision analyst Jamie Coutts stated in a May 28 X post that the LTH-SOPR (Spent Output Profit Ratio) indicator is one of the most obvious indicators of this resilience. Although this metric peaked at 17 in…
Several companies are placing bets on treasury strategies that involve Ethereum (ETH), as more institutions take up positions on the world’s second-largest crypto. ETH was trading up 2% on the day at $2,624 at the time of writing, having failed to break past the $2,600 resistance level late last week. Ethereum has gone up over 7% in the past week and is up 2.8% intraday. According to market analysts, even with institutional involvement, the asset is still trading within a tight range, locked in a sideways channel that has persisted for two months. Speaking on CNBC’s Squawk Box, Ethereum co-founder…