Author: NBTC

Ethereum price has slipped under the $4,200 support zone, triggering a sharp correction that has rattled the broader altcoin market. With ETF flows weakening, macro uncertainty growing, and technical breakdowns appearing on the daily chart, investors are asking the same question: is ETH price headed for a deeper correction or just a temporary shakeout? Ethereum News: Why Ethereum Price Fell Below $4,200? The latest dip was triggered when Ethereum lost its $4,200 support, a level that had previously served as a strong defensive line. This breakdown coincided with cascading liquidations worth over $1.7 billion across altcoins, of which $212.9 million…

Bitcoin mining equipment maker Canaan (CAN) has secured its biggest hardware order in three years, selling over 50,000 of its Avalon A15 Pro bitcoin miners to a U.S.-based mining firm. The machines are set to ship in the fourth quarter of 2025, the Singapore-based company said. The name of the buyer wasn’t named, although the scale of the purchases points to a major mining operations. “This milestone order represents a significant win for Canaan and reflects the robust resurgence of the U.S. market,” Canaan CEO Nangeng Zhang said in a statement. The order also points to miners’ continued bets on…

SharpLink Gaming (SBET), the Ethereum treasury firm led by Joseph Lubin, unveiled plans on Thursday to tokenize its equity on the Ethereum blockchain as the stock tokenization trend is gaining steam. The Minnesota-based firm said it has tapped tokenization specialist Superstate as its digital transfer agent, while its equity token will be natively issued through Superstate’s Opening Bell platform, a system designed to issue SEC-registered shares directly on blockchain rails. The move comes as tokenization of financial instruments such as equity is gaining momentum across crypto markets. A slew of tokenized equity offerings debuted in the past few months predominantly…

Canaan Inc., a Singapore-based cryptocurrency mining equipment manufacturer, announced Wednesday it has landed its largest order in three years: more than 50,000 Avalon A15 Pro Bitcoin mining machines from an unnamed U.S. customer. The firm’s shares, listed on Nasdaq under the ticker CAN, quickly spiked in price to a recent mark of $1.30, per Yahoo Finance—a 25% jump on the day, and the highest price seen since February. The purchase order, disclosed in a company statement, marks a notable milestone for the firm as institutional demand for Bitcoin mining infrastructure rebounds. The machines are scheduled for delivery in the fourth…

One of the most closely watched accounts in crypto trading circles has racked up more than $44 million in losses in just 40 days. According to EmberCN data, the individual first saw $35.8 million vanish on an Ethereum long, then followed with a $7.5 million loss shorting Bitcoin. Despite the string of setbacks, he has returned to the market with another aggressive bet, a massive Ethereum long. The move highlights both the scale of volatility in crypto and the risks of narrow-margin leverage. Pattern of Costly Missteps The trader’s strategy has repeatedly ended in liquidation. His long on Ethereum lasted…

This is a segment from The Breakdown newsletter. To read more editions, subscribe “The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence.” — Charles Bukowski Crypto bros are from Mars… An academic study flagged by Tyler Cowen might inadvertently explain why the cryptosphere is so male dominated. The researchers report their findings that the advantage men sometimes have in intelligence testing is eliminated (or reversed) when the tests are adjusted for confidence levels. Men and women, they find, differ primarily in how sure they’re right: Men are…

Ethereum price today is trading near $4,031, slipping almost 3% after losing the $4,239–$4,360 support cluster. The breakdown has put sellers in control, though shrinking exchange supply and long-term accumulation trends suggest the downside may be limited. Ethereum Price Breaks Below EMA Support ETH Price Breaks Key Support Zone (Source: TradingView) Ethereum daily chart shows ETH falling below the 20- and 50-day EMAs, which are now acting as resistance near $4,239 and $4,360. Price has also dipped beneath the ascending trendline that supported the rally since July, confirming a shift in momentum. The next major support sits around $3,850, where…

Bank of America (BofA) analysts have a massively bullish outlook on stocks over the next two years. The financial giant predicts the S&P 500 will surge by more than 50% to a high of 9,914 in September 2027, Axios reports. BofA cites historical precedent, noting that the 14 bull markets in the past century have witnessed average gains of 177% in 59 months. Stocks have gained roughly 80% since the lows in October 2022. Sven Henrich, the founder of the market analysis firm NorthmanTrader, appears to criticize the bank’s prediction for “suggesting past performance is indicative of future results.” The…

Ethereum is under pressure as bearish sentiment intensifies across the market. Over the past week, the leading altcoin has lost 13% of its value, which has now pushed it below the critical $4,000 level. With the negative trader sentiment and institutional pullback, ETH now faces the risk of testing even lower price levels. Institutional Pullback and Falling Long/Short Ratio Raise Concerns ETH’s falling long/short ratio highlights the growing bearish bias against the coin in its futures market. At press time, the ratio stands at 0.95, indicating more traders are betting against its recovery in the near term. For token TA…

The cryptocurrency world is buzzing with significant news! Nasdaq-listed company ETHzilla, formerly known as 180 Life Sciences, has made a monumental announcement. They are planning a substantial ETHzilla deposit, committing a staggering $47 million worth of Ethereum (ETH) into Puffer Finance (PUFFER), a prominent liquid restaking platform. This move marks a pivotal moment, signaling growing institutional confidence in decentralized finance (DeFi) and the innovative liquid restaking sector. Why is This ETHzilla Deposit a Game-Changer for Puffer Finance? This isn’t just another transaction; it’s a strategic play with far-reaching implications. ETHzilla’s decision to make such a large-scale ETHzilla deposit into Puffer…