Author: NBTC

The cryptocurrency sector may soon experience a stronger altcoin phase, as indications suggest a possible rally is on the horizon. The Ethereum/Bitcoin chart suggests that ETH and other altcoins are gaining momentum. Ethereum RSI and MACD signal bullish momentum As observed by a crypto analyst, Gordon Gekko, there has been a breakout of the Relative Strength Index (RSI) on the ETH/BTC daily chart. The breakout signals that there is increased buying strength from investors in the market. It implies that Ethereum is gaining momentum relative to Bitcoin. Notably, Ethereum is holding above a critical support zone as the altcoin has…

The ongoing US government shutdown is hampering policymakers’ efforts to analyze economic data, which could influence monetary policy. Crypto markets and stocks tanked on Friday and over the weekend in reaction to Donald Trump’s latest salvo of tariffs on China. President Trump announced that he will impose an additional 100% tariff on goods from China, in addition to the 30% tariffs already in effect, starting Nov. 1 or sooner. The crypto market selloff was more brutal due to the amount of leverage in derivatives markets that was flushed. However, crypto assets are in recovery mode this Monday morning as investors…

Exciting news for cryptocurrency enthusiasts! The popular Phantom wallet has just announced groundbreaking support for Hyperliquid’s HyperEVM chain, marking a significant milestone in blockchain interoperability. This integration opens up new possibilities for users seeking seamless access to multiple blockchain networks through a single, user-friendly interface. The Phantom wallet HyperEVM support represents a major step forward in making advanced blockchain technology more accessible to everyone. What Does Phantom Wallet HyperEVM Support Mean for Users? The addition of HyperEVM chain support transforms how users interact with the Hyperliquid ecosystem. Now, Phantom wallet users can effortlessly manage their HyperEVM assets alongside other supported…

Ethereum price has faced sharp declines over the past few days, dropping to its lowest level in two months. ETH fell as market volatility increased and investor confidence weakened. Despite the downturn, historical patterns suggest the trend could reverse soon, offering a potential recovery path for the altcoin king. Ethereum Lands In The Opportunity Zone The MVRV Ratio is signaling a favorable setup for Ethereum. The metric sits at -13%, placing ETH firmly inside the opportunity zone between -12% and -22%. Historically, this range has marked points where losses reach saturation and selling pressure slows. Investors often view these levels…

Stablecoin issuer Circle declares that it has no current plans to issue its own stablecoin pegged to the Hong Kong dollar. However, it is open to collaborating with other firms. Summary Circle has no plans to launch a Hong Kong dollar-backed stablecoin, instead focusing on expanding the adoption of its U.S. dollar and euro-pegged stablecoins, USDC and EURC, across Asia. At the moment, Circle is the world’s second-largest stablecoin issuer, with USDC holding a market cap of $75.28 billion and EURC leading among euro-backed stablecoins. According to an interview with the Hong Kong Economic Times, the stablecoin firm’s Vice President…

The cryptocurrency landscape just witnessed a groundbreaking development as UXLINK announces its strategic partnership with Zcash to build next-generation Web3 infrastructure. This collaboration marks a significant step forward in addressing two critical challenges in the digital space: privacy and reliability. For anyone invested in the future of decentralized technologies, this partnership represents a major leap toward creating more secure and accessible digital ecosystems. Why Is This Web3 Infrastructure Partnership So Important? UXLINK’s collaboration with Zcash brings together specialized expertise to create robust Web3 infrastructure that serves diverse user needs. Privacy has become non-negotiable for governments and institutional investors entering the…

Ethereum price dipped into the Fibonacci Golden Pocket near $2,950, a major support zone where buyers have previously stepped in, raising the probability of a rebound toward $3,880. Summary $2,950 aligns with Golden Pocket and high-time-frame support Multiple daily closes show buyers defending the level Holding support opens path toward $3,880 and range continuation Ethereum (ETH) is testing a crucial high-timeframe support region after dipping into the Fibonacci Golden Pocket between $2,900 and $3,000. This area has historically acted as a strong technical foundation for bullish reversals and is once again showing signs of demand. Adding to the broader market…

Russia may have been using cryptocurrencies to fund espionage operations across EU countries, according to a Polish security official, Sławomir Cenckiewicz. Summary Poland’s national security chief Sławomir Cenckiewicz believes Russia was probably using cryptocurrencies to fund espionage. Polish regulators are reviewing a bill to curb Russia’s crypto use. Speaking to the Financial Times, Cenckiewicz, who serves as the chief of Poland’s national security, said Moscow was probably using this payment method to fund its shadow fleet to launch drone incursions and carry out acts of sabotage across European airspace, alongside other covert operations aimed at destabilizing the region. The report…

Have you ever wondered how prediction markets can stay fair in the crypto world? Ethereum founder Vitalik Buterin recently emphasized the urgent need for decentralized oracles to combat manipulation. His statement on X highlights a growing concern in the blockchain community. Let’s dive into why this matters for the future of trustless forecasting. Why are decentralized oracles essential for prediction markets? Prediction markets allow users to bet on real-world events, but they rely on accurate data. Without decentralized oracles, bad actors can manipulate outcomes. Vitalik Buterin pointed this out after allegations that the Institute for the Study of War skewed…

The price of Ethereum in the crypto markets is still under pressure. If in the last seven days Bitcoin has lost 13%, Ethereum is down 15%, extending to 24% over the past thirty days, compared to Bitcoin’s -17%. The struggles of ETH in the crypto markets are therefore slightly more pronounced than those of BTC, but they stem from deeper-rooted reasons. Ethereum’s Struggles Negative News The Forecasts Buterin’s Statements Ethereum’s Struggles The price of Ethereum reached its all-time high in August, which was three months ago. Instead, Bitcoin recorded its highs just under a month and a half ago. Furthermore,…