Author: NBTC
Ethereum (ETH) price is turning bullish after weeks of trading below $3,000, a level it has not broken since February 2. The shift comes as capital appears to be flowing out of Solana and into Ethereum, with stablecoin inflows and rising TVL supporting its momentum. Meanwhile, Ethereum’s price chart shows short-term EMAs moving higher, signaling a potential golden cross that could push ETH toward $3,020. If this trend continues, ETH could see a 22% rally, while a failed breakout may lead to another retest of key support levels. Stablecoin Assets are Flowing From Solana to Ethereum Amid controversy surrounding Solana…
Cardano (ADA) has again breached the $1 mark, pushed by bullish sentiment in the cryptocurrency market. ADA users have bet heavily on the coin, as revealed by a significant uptick in Open Interest (OI). The 9.7% surge took place in the last 24 hours. Binance leads Cardano Open Interest trend CoinGlass data, a crypto analytics platform, shows that the Cardano Open Interest surge saw futures traders committing 893.31 million ADA, a return to peak levels. This is worth $953.47 million at current market value. This indicates confidence and sustained interest from investors in the Cardano community. Interestingly, the figures were…
After months of rapid expansion, Bitcoin’s hashrate growth slowed down in January, according to the latest report from TheMinerMag. The network’s difficulty saw its first decline since September, indicating that even though publicly listed companies have kept increasing their hash power, their growth isn’t enough to compensate for the capitulation of other, probably smaller operators. The total revenue made from bitcoin (BTC) mining remained stable at $1.4 billion for the month. Publicly traded mining companies, which collectively hold 99,000 bitcoin (worth roughly $9.7 billion), accounted for about 30% of the hashrate market share in January. Competition between the biggest publicly…
Understanding BNB Chain’s New Meme Token Initiative The cryptocurrency space continues to evolve, and meme tokens have emerged as a significant gateway for new users entering the Web3 world. Recognizing this trend, BNB Chain has launched a comprehensive support system called the BNB Chain Meme Liquidity Program. This initiative, which began on February 18, 2025, provides $4.4 million in liquidity support to strengthen the meme token ecosystem within the BNB Chain network. Program Structure and Rewards The Memecoin Liquidity Program operates on two distinct timelines: daily and weekly competitions. Each competition track offers substantial rewards to qualifying projects that meet…
Michael van de Poppe, crypto trader and analyst, has published a tweet to explain what is happening to the Bitcoin price at the moment, why is all the correction that the market has been facing and what is likely to come next. The correction is taking place due to a big factor, according to Poppe, which is the USDT FUD that has been flooding the crypto market now. Many on the X social media network this week have been speculating on Tether’s USDT topic, assuming as of December 30, this popular stablecoin would be banned in Europe and delisted from…
According to a recently released blog from Ondo Finance, Ondo Short-Term US Government Treasuries (OUSG), its tokenized fund is now available on Assetera, a marketplace recognized as Europe’s first MiFID-licensed for blockchain-based securities. OUSG offers a compliant, yield-bearing investment product that has the support of giants like BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and high-quality short-term US Treasuries and GSE funds from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital. OUSG expands to Europe and the Polygon network Prior to the expansion, OUSG could be minted and redeemed across Ethereum, Solana, and Polygon. However, with this latest development, it…
Hulezhi’s Final Transactions: 2000+ ETH Donated The Ethereum community was stunned when on-chain transactions revealed that Hulezhi, a Chinese crypto whale, had transferred over 2000 ETH to various charities before ending his life. A significant portion—500 ETH—was sent to the infamous burn address 0x0dead, effectively removing it from circulation. X user OnchainLens first reported the transactions, highlighting the massive ETH movement before Hulezhi’s sudden disappearance. The crypto space is now flooded with speculation about Hulezhi’s motivations, with some suggesting he was deeply affected by ideological struggles and personal crises. “Brainwashed Since Childhood”: A Tragic Exit Hulezhi’s last known messages suggested…
Bundesbank president Joachim Nagel says the European Union needs state-controlled digital currency as a safeguard against private sector dominance in global finance. Joachim Nagel, head of Germany’s central bank, isn’t changing his mind on crypto, pushing for a digital euro to help Europe stay financially independent. Speaking at an OMFIF event at the London School of Economics, Nagel stressed that the European Central Bank should remain cautious about monetary policy, dismissing Bitcoin (BTC) as “more like an asset class” and describing it as “the opposite of transparent.” He also called the cryptocurrency with a $2 trillion market cap a speculative…
A staggering volume of Shiba Inu (SHIB) tokens were recorded on the largest cryptocurrency exchange, Binance, in the last 24 hours. This development occurred just as the second largest meme coin in the market registered an uptick in price. Increased trading activity sparks optimism A total of 379,270,000,000 SHIB has flowed through Binance in heightened trade among investors in the ecosystem. The trading frenzy on Binance could have been triggered by the over 5% surge in the price performance of SHIB. As of this writing, SHIB trades for $0.0000244, a 5.13% increase in the last 24 hours. The cumulative trading…
The Governing Council of the European Central Bank has taken a step to advance its initiative to settle transactions recorded on distributed ledger technology using central bank money. The decision, announced on Feb. 20 in a press release, aims to integrate distributed ledger technology with the existing TARGET Services infrastructure. The ECB’s approach will follow a two-track strategy. The first track focuses on rapidly developing a safe and efficient platform for DLT-based settlements while ensuring interoperability with TARGET Services. The second track will explore a long-term integrated solution for settling distributed ledger technology-based transactions in central bank money, including foreign…