[ad_1] Ethereum has been holding steady above the $1,800 level despite multiple failed attempts to break higher. The current price action signals a potential shift, with volatility compressing and momentum building for a major move in either direction. After months of selling pressure and weak performance relative to Bitcoin, analysts now believe ETH is approaching a critical inflection point. Top analyst Ted Pillows shared a key technical observation, highlighting the formation of a long-legged Doji candle on Ethereum’s monthly timeframe. This type of candle typically reflects intense market indecision, where both bulls and bears tested the extremes, but neither side…
Author: NBTC
[ad_1] Veteran macro investor Luke Gromen says he likes Bitcoin (BTC) due to its potential to influence demand for US Treasuries. In a new video update, the founder of the macroeconomic research firm Forest for the Trees (FFTT) says the Trump administration is in a position to boost demand for US bonds after the president signed an executive order creating a Strategic Bitcoin Reserve. A Bitcoin bull market typically increases demand for dollar-pegged crypto assets, and according to Gromen, could ultimately drive demand for US Treasuries. “Note that the Trump administration is still talking about putting T-bills (Treasury bills) into…
[ad_1] In early May 2025, the Ethereum (ETH) market witnessed contrasting actions from large investors, commonly known as whales. These opposing behaviors from whales present investors with both risks and opportunities. Contrasting Ethereum Whales’ Actions On one hand, several Ethereum whales are accumulating ETH in large quantities. An ETH whale purchased 3,029.6 ETH valued at $5.74 million. However, this whale currently faces a temporary loss of $142,000 as the price has dropped to $1,842 per ETH. On May 1, 2025, Lookonchain reported that multiple whale addresses accumulated thousands of ETH within two hours. These actions indicate that some major investors…
[ad_1] JP Mullin, founder of Mantra (OM), which has been the subject of manipulation allegations and has experienced a sudden drop in price, claimed that the details of the token burn program are nearing completion and that the token buyback program is also on the way. The burn program details are in the final stages, and will be shared in the near future. Buyback program also well underway. We are working around the clock for the Sherpas/OMies. 🫡🕉️ — JP Mullin (🕉, 🏘️) (@jp_mullin888) April 18, 2025 The Mantra price has recently seen a major drop, losing 90% of its…
[ad_1] Riot Platforms sold $38.8 million worth of Bitcoin in April, as the second-largest publicly traded Bitcoin miner by market capitalization moves to shore up liquidity amid tightening margins across the mining sector. The Castle Rock, Colo.–based firm offloaded 475 BTC last month at an average price of $81,731 per coin, according to its operations update on Monday. Riot mined 463 of those tokens in April, with the remaining 12 drawn from reserves. The company retained 19,211 BTC on its balance sheet, worth roughly $1.8 billion at current market prices. “During the month of April, we made the strategic decision…
[ad_1] With crypto liquidity improving and stablecoin inflows rising, Bitcoin could soon push past $100,000, Matrixport says. Bitcoin (BTC) could be preparing for a breakout above $100,000 as new capital flows into the crypto market, according to a Matrixport report conducted by market analyst Markus Thielen. 📊 Today’s #Matrixport Daily Chart – April 28 2025 ⬇️Fresh Inflows (could) Signal Bitcoin’s Next Breakout Toward $100,000 #Matrixport #BTC #Bitcoin #Crypto #Liquidity #BTC100K #MarketTrends pic.twitter.com/zmriWhFbfd — Matrixport Official (@Matrixport_EN) April 28, 2025 In an X post on Monday, the analysts noted that crypto liquidity was improving and fresh capital was beginning to flow…
[ad_1] Lorenzo Protocol’s native token, BANK, has recorded a 150% price surge within six hours of its official launch. The token’s rapid climb follows its listing on multiple platforms, including Binance’s Alpha Market and the launch of a BANKUSDT perpetual contract on Binance Futures with up to 50x leverage. What is the New BANK Token on Binance Futures? The Token Generation Event (TGE) for BANK took place today, April 18, via Binance Wallet, in partnership with PancakeSwap. Lorenzo Protocol raised $200,000 through the sale of 42 million BANK tokens—2% of the total supply—priced at $0.0048 each. The token is now…
[ad_1] Strategy capitalizes on rising crypto value, leveraging stock sales to fuel substantial Bitcoin acquisition. Strategy adds 15,355 Bitcoin for $1.4 billion, bringing stack to 553,555 BTC Strategy acquired 15,355 Bitcoin for $1.4 billion, increasing its holdings to 553,555 BTC. Strategy, the largest corporate holder of Bitcoin, announced on Monday that it had acquired an additional 15,355 Bitcoin for approximately $1.4 billion. The purchases, made between April 21 and April 27, were executed at an average price of $92,737 per coin. Strategy has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7%…
[ad_1] Phoenix Group recently published an analysis concerning the top Ethereum-burning decentralized finance (DeFi) projects in the last 30 days that ended on May 4, 2025. The report is based on data provided by ultrasound.money, it presents a broad view of DeFi Ethereum-consuming applications that burn $ETH and are associated with USD values. TOP #ETHEREUM BURNER #DEFI PROJECTS IN THE LAST MONTH#Uniswap $UNI #Metamask #Gnosis $GNO #1INCH #Aave $AAVE #Pendle #KyberSwap $DYDX #Synthetix $PSP pic.twitter.com/UW4zC4ntDd — PHOENIX – Crypto News & Analytics (@pnxgrp) May 4, 2025 The top projects by burning rate on Ethereum Ethereum ($ETH) was the leading burner…
[ad_1] BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, has made headlines again — this time with a big move into Ethereum (ETH). The firm just purchased 10,955 ETH worth approximately $20.1 million. This purchase follows a previous ETH investment from BlackRock totaling $54 million, showing a clear and growing interest in Ethereum-based ETFs. At the same time, BlackRock also poured $674.91 million into Bitcoin ETFs, showing continued confidence in major digital assets. BREAKING 🚨 BLACKROCK JUST BOUGHT $20M WORTH OF $ETH pic.twitter.com/bLqf6GInsc — That Martini Guy ₿ (@MartiniGuyYT) May 3, 2025 ETH Price…