Author: NBTC
The Ethereum Foundation (EF) is reportedly engaging with community feedback and exploring changes to its operations, according to Dragonfly managing partner Haseeb Qureshi. After meeting with EF members at ETH San Francisco, Qureshi noted a sense of urgency within the organization and an awareness that the landscape has shifted since 2020. He suggested that EF leaders are actively considering how to replicate successful initiatives like Solana’s Superteam, shifting focus from research-driven efforts to fostering project development and investment. Qureshi added: “Ethereum leadership have been getting a lot of criticism, and it’s important that you all know this — it’s working.…
The last 24 hours have seen the combined crypto market liquidation topping $200 million from over 92,000 traders. Dogecoin (DOGE) emerged as the most impacted meme coin, with total liquidations amounting to $12.02 million, per CoinGlass data. Traders go short on Dogecoin As revealed by CoinGlass data, the bulk of the liquidations comes from short positions from a total of 43,231,268 DOGE in just 24 hours. While short liquidations saw over 28 million DOGE removed, long liquidations came in at approximately 14 million DOGE. With short liquidations exceeding long liquidations by almost twice, there is an imbalance in DOGE futures…
Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days. While uncertainty lingers, analysts are optimistic that Bitcoin is preparing for its next significant price action. Renowned analyst Jelle shared a technical analysis on X, revealing that Bitcoin is still building a 4-hour rounding bottom, a bullish pattern that often precedes a breakout. Jelle highlighted that a new higher high was set…
Recent Data identified a crucial support level for Ethereum (ETH) just below $1,900. Approximately 3.56 million ETH was acquired between the price range of $1,843 and $1,900. This accumulation suggests that a large number of investors have positioned themselves within this zone, indicating significant buy-side interest that could act as a safety net against further price declines. On-chain data indicates a significant support zone for ETH just under $1,900, where around 3.56 million ETH was acquired between $1,843 and $1,900. This accumulation suggests robust support, but if ETH slips below this range, the risk of capitulation grows, as demand appears……
Cardano price rose to a ten-day high as most altcoins rebounded, and after Charles Hoskinson unveiled a partnership with Globant. Cardano (ADA) rose to $0.80 on Saturday, up by about 55% from its lowest level this month. At last check, its market cap is around $28.5 billion with a fully diluted valuation of $35.7 billion. Cardano partners with Globant Cardano’s rise also happened after founder Charles Hoskinson confirmed that they had reached a deal with Globant, a publicly traded company with a market cap of almost $10 billion. Hoskinson said that the deal will see the company use Cardano’s blockchain…
According to a recent tweet by IntoTheBlock, Bitcoin, the first and largest cryptocurrency by market capitalization, saw $1.04 billion in net inflows to exchanges this week. This essentially wiped out the three previous weeks of outflows, indicating hesitancy in the market given recent macroeconomic uncertainties. Per a graphic posted by IntoTheBlock, Bitcoin total fees decreased 10.74% to $3.2 million while $1.04 billion accounted for exchange flows, with $1.3 billion marking inflows. BTC saw $1.04B in net inflows to exchanges this week. This essentially wiped out the 3 previous weeks of outflows, indicating hesitancy in the market given global political and…
Amid Ethereum’s (ETH) ongoing market challenges, industry experts are drawing striking comparisons between the cryptocurrency’s current position and the early growth trajectories of tech giants such as Amazon (AMZN), Microsoft (MSFT), and Tesla (TSLA). They claim that investing in ETH now is akin to purchasing high-growth stocks a decade ago, with the expectation that Ethereum will ultimately experience substantial gains in the future as adoption increases. Ethereum the Next Big Growth Asset? In a detailed post on X (formerly Twitter), DeFi Dad contended that many investors are fundamentally mispricing ETH. According to him, ETH is being assessed as a stable,…
Ripple has unveiled a major redesign of its website, but one glaring omission has sparked a reaction within the XRP community: no mention of Central Bank Digital Currencies (CBDCs). In an announcement on X, Ripple stated: “We have a new look in our products, on our website, and right here on social. We’re building for the next chapter with the vision that continues to drive us — the Internet of Value and transforming the way you move value around the world.” This revamp caught the attention of the crypto community, including that of XRP. XRP enthusiast WrathofKahneman pointed out his…
Bitcoin price continued its consolidation as the fear and greed index remained at the neutral point and the Z score of the market value and realized value fell to a three-month low. Bitcoin (BTC), the largest cryptocurrency by volume, remains in a tight range. At last check Saturday, the price hovered $97,600 — up 1.2%. Why Bitcoin price has stalled This price action is happening as investors remain on the sidelines as they wait for the next catalyst. SoSoValue data shows that American investors’ demand for spot Bitcoin ETFs has waned. The funds had net outflows worth over $650 million…
Ethereum price today: $1,900 Standard Chartered analysts led by Geoffrey Kendrick lowered the bank’s expectations for Ethereum’s price in 2025. The bank adjusted its latest prediction, reducing Ethereum’s 2025 price target from $10,000 to $4,000. Ethereum needs to overcome a key descending trendline resistance to break out of its range-bound movement. Ethereum (ETH) remained just below $2,000 in the Asian session on Tuesday as Standard Chartered’s Global Head of Digital Assets Research, Geoffrey Kendrick, updated the bank’s 2025 price forecast for ETH. The UK-based financial institution now expects Ethereum to reach $4,000, a significant revision from its earlier projection of…