Author: NBTC
Bitcoin (BTC) continues to struggle with sideways movement, keeping the cryptocurrency from reclaiming $100,000 as a support level. Amid this price action, veteran trader Peter Brandt has highlighted a similarity to Bitcoin’s 2018 pattern, sparking speculation about the next move for the crypto king. Bitcoin Strategy Reinvented Peter Brandt noted that Bitcoin resembles an old 2018 pattern, which occurred before BTC broke its Parabolic Advance. The pattern, known as BHLD (Bump, Lump, Hump, Dump), has a derivative called Hump-Slump-Pump-Dump, which appears to align with Bitcoin’s current trajectory and could be its next trajectory. “If you are a Bitcoiner, take a…
A large Ethereum ($ETH) whale has made significant transactions in recent days. Spot On Chain reports that during the past four days a single whale moved a total of 23,330 ETH worth $61.9 million to Binance. Each ETH payment from this whale averaged $2,654 at its point of deposit. Assessments point to possible future selling behavior by the whale. This giant whale appears to have turned bearish on #Ethereum, depositing a net 23,330 $ETH ($61.9M) to #Binance at ~$2,654 over the past 4 days!Nonetheless, its entry and exit points do not seem optimal, often accumulating at highs and offloading at…
HONG KONG – CoinDesk Indices launched two index products tracking the price gyrations of memecoins and the top hundred tokens by market capitalization, meeting demand from institutional and professional investors who seek upside in different crypto sectors, the firm announced at Consensus Hong Kong. The CoinDesk Memecoin Index will track the largest fifty memecoins by market capitalization — a list that includes dogecoin (DOGE), shiba inu (SHIB), floki (FLOKI), among others — while the CoinDesk 100 serves as a single benchmark for the top hundred tokens by market cap. “CoinDesk Memecoin Index responds to traders’ need for liquidity and volatility…
Vechain emphasizes blockchain’s role in integrating fragmented data, increasing transparency, and unlocking the potential of carbon markets. Its VeBetterDAO initiative is reshaping the $16 trillion tokenization market by fostering community-driven governance. VeChain makes a strong prediction for the year 2025, stating that 2024 has already established a strong base for blockchain-driven transformation. It notes that real-world assets (RWA) tokenization has emerged as the key pillar of a new digital economy. Tokenization, the process of converting assets into digital tokens, promises a future defined by efficiency, transparency, and rapid trading capabilities. According to VeChain, blockchain and tokenization offer a vital solution…
Cardano founder Charles Hoskinson has defended Elon Musk’s advisory role in the Trump administration, dismissing demands that Musk has to have Senate confirmation. Critics argue that Musk’s influence over government spending requires oversight. However, Hoskinson insists that executive advisors historically bypass such vetting. Security and Financial Concerns Hoskinson addressed the controversy after journalist Emma Vigeland claimed Trump had deputized Musk’s private security with federal law enforcement powers, calling it a “coup.” Hoskinson countered that Musk, facing security threats, was merely funding his own protection rather than relying on taxpayer money. He argued that Trump’s move was a practical decision rather…
After amassing some 300 million players last year in a tap-to-earn bubble that made unexpected waves across the mainstream, Telegram game Hamster Kombat dropped its HMSTR token on The Open Network (TON) last September—to mostly negative reviews from recipients. And then it just sort of… disappeared. What was planned to be a couple-weeks-long “interlude” gameplay season stretched on for months, and stopped being updated after a while. The anonymous devs teased a second full season of gameplay, then went quiet, eventually saying it would be part of a broader “HamsterVerse” of games. Now the HamsterVerse is here, led by Tuesday’s…
DappLaunch, a prominent platform for emerging Web3 projects, has announced a new partnership with ChainGPT, an advanced platform merging the AI and blockchain technologies. The partnership aims to expand the Web3 services, bringing latest benefits to the members of DappRadar PRO. The platform took to social media to disclose this partnership. 1/ DappLaunch welcomes @Chain_GPT as a DappLaunch partner. 👏Now, PRO members get exclusive access to DappLaunch IDOs on ChainGPT Pad. These partnerships strengthen DappLaunch’s connection to a wider network of Web3 services.More details in the thread. 🧵👇 pic.twitter.com/baCSo6TLLZ — DappRadar (@DappRadar) February 20, 2025 DappLaunch Joins Forces with ChainGPT…
A crypto strategist known for making timely Bitcoin and altcoin calls is outlining a potential path for BTC to end the current bull market with a bang. Pseudonymous analyst Credible Crypto tells his 65,900 YouTube subscribers that Bitcoin appears to be in the fifth and final leg of its secular bull market that began about six years ago. The trader practices the Elliott Wave theory, which states that a bullish asset tends to witness five-wave rallies with wave five acting as the final leg up prior to a correction. According to Credible, Bitcoin could witness a parabolic surge in the…
Ethereum’s Supply on Exchanges Hits Record Low Ethereum’s exchange supply has dropped to an all-time low, with only 6.38% of the total ETH supply remaining on trading platforms. The majority of ETH is being transferred to cold wallets, a sign of strong accumulation. Historically, a shrinking exchange supply indicates potential for bullish momentum, as fewer tokens are available for immediate sale. ETH Price Consolidation Signals an Upcoming Breakout ETH is currently trading between $2,500 and $2,750, consolidating within a key price range. This sideways movement suggests that traders are positioning for a significant move, with many anticipating an upcoming breakout.…
Brad Garlinghouse, Ripple’s chief executive officer, has stated that he is “excited” for 2025. “Excited for the year ahead! Momentum and increased focus on real world utility continues to build,” he said on social media earlier today. Ripple’s big 2024 It is worth noting that 2024 was a landmark year for Ripple despite the company’s legal battle with the SEC. In February, it announced the acquisition of Standard Custody in order to obtain a much-coveted US charter. In April, Ripple announced its foray into the stablecoin sector, aiming to chip away at the market dominance of such major players as…