Author: NBTC
As the price of Ethereum holds the $2,600 ground level, the intraday recovery aims for a breakout rally to challenge the overhead trendline at $3,000. With the total crypto market cap falling 1.14% last night, the liquidations in the market rose to $282 million in the last 24 hours. Amid the increased liquidations, Ethereum managed to prolong its short-term consolidation. With a lower price rejection near $2,600, Ethereum regains bullish momentum. Currently, the ETH token trades at a market price of $2,710 with an intraday recovery of 1.05%. Will this recovery break past the overhead ceiling at $2,750? Let’s find…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The “tariff trade,” or the market volatility we’ve seen the past couple of weeks as investors evaluate tariff risks, has overshadowed the tail end of earnings season. But many analysts still think US equities have room to go higher. President Trump’s threats have been delayed, not canceled. 25% tariffs on steel and aluminum tariffs are slated to start next month, and reciprocal tariffs against a range of countries are still being designed, so the news cycle — and market — are likely to take a break…
Hedera Hashgraph is expected to launch via SpaceX on January 14 amid the launch of the Hashgraph-based system called SEALCOIN. Previously, CEO of WISeKey Carlos Creus Moreira disclosed that testing SEALCOIN from space would be a massive leap in securing satellite communication. According to a report shared by an X user identified as Erik & Gizzy, Hedera Hashgraph is scheduled to launch through Elon Musk’s SpaceX on January 14. Meanwhile, a subsidiary of WISeKey, WiseSat, and SEALSQ has launched a Hashgraph-based system called SEALCOIN. Fascinatingly, this aligns with a previous report that highlighted the conduction of a second Proof of…
The Department of Government Efficiency (DOGE), a federal cost-cutting effort backed by President Donald Trump and founded by billionaire Elon Musk, reportedly has some discrepancies in its reported savings. According to its website, DOGE claims to have saved $55 billion in federal spending, but only $16.6 billion of that amount is accounted for, leaving $38.4 billion in question. Further complicating the matter is an error in the data DOGE published, which misrepresented an $8 million contract as $8 billion. The correction reduces the initiative’s detailed savings to just $8.6 billion, far from the reported total. Musk promised Americans that the…
eToro, a global trading and investing platform, has announced that its European subsidiary, eToro (Europe) Ltd, has been granted a permit by the Cyprus Securities Exchange Commission (CySEC). This approval enables eToro to offer cryptocurrency services across the European Union under the Markets in Crypto-Assets Regulation (MiCA), once the relevant notification is submitted to all EU member states. This new permit allows eToro to operate within the legal framework of MiCA, which regulates the crypto market and provides a clear set of rules for trading cryptocurrencies. It also ensures the platform’s compliance with MiFID, the EU’s directive governing financial markets.…
Samson Mow, vocal Bitcoin supporter and CEO at Bitcoin adoption-focused company JAN3, has published a tweet, sharing his big Bitcoin-themed predictions for the just-arrived year. Of course, he touched on the subject of BTC price, expecting a mammoth surge. Bitcoin to $1 million in 2025 Prominent Bitcoin supporter Samson Mow made 10 important predictions for the year 2025, starting with the one that says that the world’s leading cryptocurrency is to finally skyrocket to $1 million this year. Another important one was that “3 more nation-states implement a Bitcoin strategy” and one of those will be in Asia, following the…
Crypto community figure Ameen Soleimani recently sparked a conversation on X with a poll asking whether Ethereum’s co-founder, Vitalik Buterin, is more of a “king” or a “prophet.” The poll aimed to frame Buterin’s influence in two distinct ways. The first is as a ruler exerting “hard power” or as a spiritual leader offering “soft power” to guide the Ethereum ecosystem. Specifically, the choices were as follows: King: Holding 3/5 board seats at the Ethereum Foundation and setting the organization’s direction. It also includes controlling the ETH network roadmap and wielding significant competition-related influence—representing hard power. Prophet: Offering spiritual and…
A recent Bank of America survey of global fund managers found that a majority of investors predict the Fed will cut interest rates in 2025. According to the survey conducted in February, 77% of fund managers expect a rate cut, while 46% predict two cuts, 27% one cut and 4% three cuts. Meanwhile, 19% of respondents believe interest rates will remain unchanged, while only 1% predict a rate hike. The rate cut expectations come amid ongoing inflationary pressures. January inflation figures that beat estimates led to a sharp decline in stock markets and a rise in borrowing costs. These market…
As the price of XRP continues to climb, a growing number of holders now find themselves priced out of the top wealth brackets. According to Edo Farina, CEO of Alpha Lions Academy, staying in the top 10% of XRP holders is becoming increasingly difficult. Farina predicts that by the time XRP reaches $100, only a few thousand holders will remain in the top 10% of wallets. How Many XRP to Be Among the Top 10% Rich List In his analysis, Farina highlights a significant trend, noting that the amount of XRP necessary to be in the top 10% of holders…
Nearly every big name in the crypto industry has signed onto a letter calling for Congress to eliminate a U.S. tax policy they say could jeopardize decentralized finance (DeFi) technology by shoehorning much of that space into the field of brokers subject to data collecting and reporting. The Internal Revenue Service — the U.S. Treasury Department’s tax arm — pushed through a key digital assets broker rule between Christmas and New Year’s, just days before President Donald Trump’s administration was set to arrive. It was meant to institute similar information-reporting demands on DeFi brokers as would be faced by securities…