Author: NBTC
Despite a volatile past two weeks, driven by Donald Trump’s proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset. Ethereum Defends Key Demand Zone Amidst Volatility According to an X post by crypto analyst Ali Martinez, ETH has managed to hold above the critical $2,380 – $2,460 demand zone. With no major supply barriers ahead, the cryptocurrency could be on track to reach the $3,000 price target. For the uninitiated, a demand zone in trading…
VeChain (VET) is undergoing significant changes in 2025, building on the success of the VeBetterDAO launched in 2024. The blockchain project is prioritizing development and partnerships while capitalizing on the current market bull run. VeChain’s co-founder and CEO, Sunny Lu, shared his vision for the future during an interview on the Thinking Crypto podcast. Lu described the VeBetterDAO as a “super hub” for innovation, highlighting its fair token launch, where 100% of the supply was distributed to those contributing to the ecosystem. The DAO supports “X to Earn” applications, which incentivize positive behaviors and actions in users’ daily lives. According…
Major corporations and sovereign nations are poised to add Bitcoin to their balance sheets in 2025, with five Nasdaq 100 companies and five nation states expected to make such announcements, from Galaxy Research’s report “Crypto Predictions for 2025. These allocations will be driven by strategic considerations, portfolio diversification needs, and trade settlement requirements. Galaxy Research analyst Jianing Wu notes that competition among nation states, particularly those unaligned with major powers or those holding large sovereign wealth funds, will fuel strategies to mine or acquire Bitcoin. The US spot Bitcoin exchange-traded products (ETPs) are projected to reach $250 billion in assets…
Ethereum’s (ETH) mega-upgrade Prague-Electra, or Pectra, will debut on Holesky testnet Feb. 24, while Sepolia activation is set to happen in early March. Stress-tests on both testnets will help developers decide on the exact timing for mainnet activation of Pectra. Ethereum Pectra date confirmed by Tim Beiko: Activation starts in 10 days Ethereum Foundation’s Tim Beiko shared the timeline of testnet activation of Pectra, a mega-upgrade to Ethereum’s tech design. According to his thread on X, Pectra will go live on Holesky Feb. 24, 2025, while its Sepolia debut is set to happen March 5. Pectra is coming to Ethereum…
Cryptocurrency analysis company Santiment, in its latest published data, touched upon the interest rates of developers in tokens on Solana, one of the most popular cryptocurrency networks at the moment. The Solana ecosystem is particularly preferred due to its high speed and low transaction costs. Both of these features are being tried to be provided by layer 2 solutions on the Ethereum side. In addition, the Solana ecosystem has recently become an area where the memecoin theme has particularly intensified. However, interestingly, we see that the focus of developers is not on memecoins but on more robust projects. Here are…
The biggest cryptocurrency, Bitcoin (BTC) has once again been rejected at the 1.6x Golden Ratio Multiplier resistance, a level that coincides with its previous all-time high. Cryptocurrency is testing its resilience against this formidable barrier as the current all-time high revolves around the $108,000 mark. (Source: Bitcoin Magazine Pro) According to Bitcoin Magazine Pro, If BTC breaks through this crucial resistance, it could trigger a possible rally toward the 2x multiplier resistance at $135,000. With the bullish sentiment growing in 2025, the upcoming days could determine if BTC’s next leg of its historic run begins or if further consolidation is…
Cryptocurrency analytics firm MakroVision has published a new assessment of Ethereum’s price action, assessing whether the asset is on the verge of a trend reversal or facing another decline. Following a sell-off and subsequent recovery, Ethereum is trading sideways, trading below key resistance levels. Recent analysis from MakroVision reveals several critical factors that could determine Ethereum’s next move: The slight downward movement over the last 10 days appears to be corrective rather than impulsive, which could be a bullish indicator. Ethereum price held the 0.5 Fibonacci retracement level at $2,520, indicating short-term stabilization. $2,850: A key resistance level with significant…
Bloomberg just launched two new investment indices that combine Bitcoin and Gold (BBIG and BBUG), making them among the first multi-asset indices to combine digital assets with traditional commodities. According to the Feb. 13 press announcement, Bloomberg just launched two composite Bitcoin and Gold investment indices. The BBIG is an equal-weighted Bitcoin and Gold index. The BBUG index also includes the U.S. Dollar for added protection. According to Bloomberg, customers can adjust and customize configuration weights of the indices. The idea behind these new indices is to balance Bitcoin’s growth potential with Gold’s stability. “As a key investment hurdle in…
A recent publication from FOX Business has triggered excitement in the XRP community, with discussions highlighting XRP as the token to watch in the expanding crypto market. Ripple XRP news today: This unfolded on Monday when a FOX Business correspondent, along with David Stryzewski, CEO of Sound Planning Group, discussed the crypto market, particularly as Bitcoin reclaims the $100K mark. Stryzewski told FOX Business that, in this expanding market, XRP is the cryptocurrency to watch. He went on to provide a detailed explanation for his viewpoint. Why XRP Is the Coin to Watch Right Now First, Stryzewski pointed out that…
Robert Kiyosaki, the eccentric businessman and author best known for his “Rich Dad Poor Dad” books, has predicted that the price of Bitcoin could surge anywhere from $175,000 to $350,000 this year. The leading cryptocurrency by market capitalization surged by nearly 121% in 2024. Last month, it surpassed the $100,000 level for the first time, surging to a new lifetime peak of $108,135 on Dec. 17. At press time, Bitcoin is changing hands at $97,572 on the Bitstamp exchange. It is worth noting that Kiyosaki’s predictions should be taken with a massive grain. In June, the financial guru said that…