[ad_1] Cryptocurrency analysis company Alphractal pointed out notable movements in the Bitcoin market in its latest assessment. According to the company’s statement, at $95,000, large investors, namely whales, started to show interest in short positions again while closing their long positions. The innovative “Whale Position Sentiment” indicator developed by Alphractal analyzes transactions of $1 million and above on major exchanges and open interest size (Open Interest) together to reveal whale trends in the market. If this indicator shows a decrease while prices are rising, it means that whales are switching to short positions. Conversely, when the indicator rises, whales are…
Author: NBTC
[ad_1] Over the past few months, Ethereum has experienced a significant decline in user activity on its blockchain. This slowdown has reduced the network’s burn rate—a mechanism that helps decrease ETH supply over time. With fewer tokens being burned, ETH’s circulating supply has risen, putting inflationary pressure on the asset. As a result, the coin has struggled to maintain a stable price above the $2,000 level in recent months. Low Burn Rate Equals More Coins in Circulation According to Ultrasoundmoney, 72,927 ETH, valued at $134 million at current market prices, have been added to ETH’s circulating supply in the past…
[ad_1] What Is the Internet Computer Protocol? Launched in May 2021 by the DFINITY Foundation, the Internet Computer Protocol (ICP) is a specialized blockchain designed to operate as a “World Computer.” Unlike traditional blockchains focused on transactions or financial applications, ICP enables fully on-chain applications through its canister smart contracts. ICP uses a distinctive reverse gas model where developers, not users, cover computation costs. This approach eliminates user fees, making decentralized applications (dApps) more accessible. The Network Nervous System (NNS), a decentralized autonomous organization (DAO), governs the system with the goal of creating an alternative to centralized cloud providers. These…
[ad_1] Crypto payments startup Mesh is planning to roll out Apple Pay support for crypto transactions, allowing shoppers to pay with digital assets while settling transactions in stablecoins for merchants. The feature, unveiled during Token2049 in Dubai, converts crypto to stablecoins at checkout using Mesh’s proprietary SmartFunding technology. The system sidesteps the need for merchants to handle crypto directly, offering what Mesh calls a “plug-and-play” payment option through Apple Pay’s interface. This way, brick-and-mortar retailers and webshops can accept crypto payments without the need for building out the necessary infrastructure. Mesh plans to launch the feature later in the second…
[ad_1] ICP and TON lead April with highest TPS, supported by fast block times and strong user activity. Solana, Near, and Avalanche show mid-tier performance, far behind top two in transaction speed. Ethereum and Bitcoin rank low in TPS, highlighting scalability gaps versus newer blockchains. New blockchain performance data from Phoenix Group reveals that Internet Computer (ICP) and Toncoin (TON) achieved the highest average transactions per second (TPS) in April 2025, surpassing all other networks. The figures provide a detailed view of how leading blockchains are scaling in response to growing user activity and application demand, with clear disparities emerging…
[ad_1] Bitcoin price is consolidating gains above the $94,000 zone. BTC is again rising and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above the $93,850 zone. The price is trading above $94,100 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $94,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $95,500 zone. Bitcoin Price Eyes Fresh Surge Bitcoin price started a short-term downside correction from the $95,500 resistance zone.…
[ad_1] Ethereum’s position among major cryptocurrencies suffered as it demonstrated disappointing performance during the current times. Ethereum’s market capitalization evolution has unpleasantly disappointed numerous retail investors despite Bitcoin (BTC), Binance Coin (BNB), Ripple (XRP), and Solana (SOL) showing healthy gains. Since March 2024, ETH experienced major price declines relative to other leading crypto assets, according to data from analytics platform Santiment. Source: Santiment During the two years between 2022 and 2024 Ethereum maintained approximately 10% of the discourse among key assets. The influence of Ethereum within social discourse stands at approximately 6-7% currently compared to its previous 10% dominance. However,…
[ad_1] Funded Trader Markets (FTM), a retail prop firm based in Cyprus, has significantly broadened its cryptocurrency trading options, adding more than 30 new crypto pairs to its platform. With this expansion, FTM now offers traders access to over 40 different digital assets. In recent months, a growing trend has emerged among firms offering challenge-based simulated trading environments, originating from the CFD market—mainly Forex (FX). These firms are increasingly shifting toward offering their clients either regulated futures products or cryptocurrencies. The expanded list includes widely recognized assets such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), as well as a…
[ad_1] Bitcoin’s price has rebounded strongly over the past week, recovering from a low of $74,000 earlier this month to now trade above the $95,000 mark. This upward movement represents a 12% gain in the past seven days, signaling a potential shift in short-term market sentiment following a multi-week period of correction and volatility. Despite this upward trajectory, some underlying metrics suggest that investors remain cautious, especially within the derivatives market. Bitcoin Negative Funding Rates Return Amid Price Rally A CryptoQuant analyst known as ShayanBTC has pointed to a developing divergence between price action and funding rates, particularly on perpetual…
[ad_1] Over $380 million in Ethereum has flowed out of exchanges in the past week. Large ETH holders have increased their positions, reversing a long-term downtrend in wallet concentration. On-chain data suggests growing investor confidence despite subdued trading volumes and ongoing market caution. Ethereum (ETH) continues to flow out of centralized exchanges at a significant rate. Over the past seven days alone, net outflows surpassed $380 million, according to blockchain analytics firm IntoTheBlock. This reduction in exchange-held ETH reflects growing investor accumulation into self-custody and could point to a tightening supply narrative that has historically preceded price rallies. ETH Accumulation…