Author: NBTC

Ethereum has experienced a prolonged consolidation below key resistance levels, struggling to find momentum as it continues to trade sideways. The price has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. With ETH facing selling pressure and unable to reclaim the $2,800 mark, investors are growing concerned about its ability to recover. Despite the recent choppy price action, some analysts believe Ethereum could be gearing up for a bullish move. Crypto expert Carl Runefelt shared a technical analysis on X, stating that Ethereum has been forming a bullish pattern on the daily…

Today, President Donald Trump is preparing to sign a memorandum directing the US Trade Representative to develop trade remedies against foreign digital services taxes that target US tech companies, including Alphabet and Meta Platforms, reported Bloomberg this morning. The initiative addresses digital service taxes implemented by roughly 30 countries, including France, the UK, and Canada, which the US considers discriminatory. While the memorandum doesn’t specify exact tariffs or timelines, it suggests potential retaliatory measures that could affect US-based firms operating internationally, including those in the crypto sector. The action follows earlier US investigations into digital service taxes, including a 2019…

Sui DePIN, the first Decentralized Physical Infrastructure Network (DePIN) layer on the SUI blockchain, has announced its upcoming Initial DEX Offering (IDO), marking a significant milestone for the project. Decentralizing data ownership, Sui DePIN lets users control and earn from the AI models in which they participate. Developers tap into user-generated data streams, opening new avenues for AI progress without relying on centralized platforms. Sui DePIN Reveals Strategic IDO Partnerships Sui DePIN has announced its imminent IDO on SuiPad, the largest native launchpad on the Sui network. The launchpad allows the community to participate in early-stage token sales for stringently…

Fyde Labs and Assist_Coin united forces to create a new era of blockchain security and enhanced operational efficiency for the sector. When Fyde applies their risk modeling skills and security simulations with Assist_Coin’s AI-based decentralized coding assistance platform they create enhanced protection for Web3 protocols against new security threats. Exciting Partnership Alert! 🔥We’re teaming up with @Assist_Coin to push the boundaries of AI & blockchain!🔹 Assist_Coin: AI powered, decentralized coding assistance🔹 Fyde: Data driven risk & security simulations for crypto protocolsTogether, we’re making Web3 smarter,… pic.twitter.com/I9B5WAfati — Fyde (@FydeLabs) February 22, 2025 Fyde’s Role: target=”_blank” rel=”noopener”>Fyde delivers services to help…

Bitcoin’s rally was fueled by Donald Trump’s victory in the 2024 U.S. presidential election, but that momentum is slowing as the year winds down. According to a recent Bloomberg report, Bitcoin traded at $93,085 early Monday in London. It’s down about $15,000 from its mid-December high. The leading cryptocurrency faces challenges after riding high on optimism around Trump’s crypto-friendly stance. Meanwhile, other digital currencies, including Ethereum and the meme coin Dogecoin, have failed to keep up the gains. Trump’s promise of a national Bitcoin reserve and lenient regulations created a positive outlook in the digital assets market. Bitcoin’s strong performance…

Ethereum price is seeing accumulation as exchange reserves decrease and experts believe it could hit $10,000 in this cycle. Declining Exchange Reserves and Supply Reduction Crypto Quant Exchange reserves data shows that exchange holdings of ETH decreased from 30 million in the beginning of 2022 to 19 million in 2025. This decline may indicate that fewer ETH tokens are on the trading market, as more traders stake them. Less availability on the exchanges may, therefore, enhance a relative stability of the price and also an upward trend in case of an increase in demand. Ethereum Exchange reserve chart Historically, Ethereum’s…

It took 10 years for Bitcoin to receive its first spot-traded, exchange-traded fund (ETF). Up until January 2024, this type of Bitcoin investing was dominated by futures-traded ETFs which don’t hold actual BTC. By holding the actual asset, spot-traded ETFs offer not only direct exposure to Bitcoin without the hassles of BTC custody, but minimal price deviation such as contango in futures contracts. Most importantly, by opening the doors to both retail and institutional investors, Bitcoin ETFs drove the price of Bitcoin up, as custodial exchanges, typically Coinbase, bought BTC in their name. But does that mean it is a…

The crypto industry begins the year with approximately $7 billion in tokens set to be unlocked throughout January, according to data from Tokenomist (formerly Token Unlock). Crypto unlocks are designed to gradually release cryptocurrencies, often to prevent significant sell-offs by early investors or team members. While this process ensures a controlled flow of tokens into circulation, it typically results in short-term price declines. Recent analysis shows that most token unlocks negatively impact prices, though the effects may take weeks to materialize fully. January unlock January’s unlocking schedule includes a mix of one-time “cliff” unlocks and steady “linear” releases. Cliff unlocks—large,…

DeSpeed, a decentralized data acceleration network, is excited to announce its strategic partnership with SkyX. SkyX is an AI-driven platform for weather data operating in the DePIN ecosystem. This collaboration aims to reinvent the collection, distribution, and utilization of weather data across reliable industries for accurate forecasting. https://twitter.com/despeednet/status/1893284682411934176 By leveraging decentralized technology, AI, and blockchain, the collaboration aims to transform weather data forecasting. DeSpeed witnesses its alliance with SkyX through its official X account. DeSpeed and SkyX to Enhance Decentralized Weather Tech To improve weather predictability, SkyX utilizes IoT, artificial intelligence, and weather stations powered by blockchain. The platform decentralizes…

The overall crypto markets are struggling, including major tokens like Bitcoin, Ethereum, and others. Amid this ongoing downtrend, Lookonchain has shared metrics showing that a whale withdrew massive amounts of Bitcoin from Binance. Whale buys 1,700 BTC According to data from Lookonchain, the whale has withdrawn 1,700 BTC worth $161.35 million from Binance today. This is an indication that massive Bitcoin accumulation continues. However, the withdrawal occurred at a time when Bitcoin cooled its momentum, currently trading at $94,982.75. This recent accumulation signifies that the trader and other whales are capitalizing on the market dip to acquire huge quantities of…