Author: NBTC
21Shares has teamed up with the House of Doge to launch the first Dogecoin ETP, backed by the Dogecoin Foundation, on SIX Swiss Exchange. Crypto exchange-traded products platform 21Shares has announced a partnership with the House of Doge to launch the first Dogecoin ETP (DOGE) endorsed by the Dogecoin Foundation. In a press release on Wednesday, 21Shares said that the physically-backed product will be listed on SIX Swiss Exchange under the ticker DOGE. 21Shares president Duncan Moir says the product provides investors with the “most direct and accessible way to gain exposure to the Dogecoin ecosystem,” adding that DOGE has…
A popular crypto strategist is warning that Bitcoin (BTC) is trading at critical levels, signaling a high risk for a deeper correction. Pseudonymous trader Altcoin Sherpa tells his 242,800 followers on the social media platform X that Bitcoin must hold $76,600 as support to remain bullish. Other key levels the analyst is watching closely are $77,903 and $78,197. “Do or die levels for BTC.” Source: Altcoin Sherpa/X The analyst warns that if Bitcoin closes below $76,000 on the three-day chart, the flagship crypto will likely revisit the mid-$60,000 range. “We close below that wick at $76,000 on HTF (high timeframe)…
Chainlink enables decentralized smart contracts by connecting blockchains with off-chain data. Uniswap’s AMM model has revolutionized decentralized token trading and liquidity provision. stETH offers a flexible staking solution, allowing users to participate in Ethereum’s PoS without locking assets. Binance DeFi Composite Index identifies major protocols of decentralized finance. Chainlink (LINK)) provides secure off-chain data for smart contracts, Uniswap (UNI) introduces AMM model tampering with the token trading paradigm, and stETH allows Ethereum holders to stake flexibly. DeFi’s growth and innovation depend upon these projects. Chainlink(LINK) Expanding Role in Decentralized Oracles Source: Coinmarketcap Chainlink is a decentralized oracle network that allows…
Ethereum has faced a sharp decline, breaking below multiple key support levels. Market sentiment remains bearish, with further corrective consolidations likely to precede deeper declines. Technical Analysis By Shayan The Daily Chart As mentioned above, ETH’s inability to maintain above a few consecutive support levels spells trouble for the asset’s future, especially since one of them was the lower boundary of its ascending channel. This increased selling pressure likely stems from a risk-off market environment driven by geopolitical and economic uncertainties, including ongoing tariff disputes. As a result, Ethereum has dropped below significant support zones at $2K and $1.5K, as…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. US equities and cryptocurrencies stalled Tuesday afternoon, reversing earlier gains after the White House dashed hopes that international tariff negotiations were on the table. The S&P 500 and Nasdaq Composite — after rallying more than 4% each at the start of the session — were back in the red by the close, ending the day about 2% and 1% lower, respectively. Bitcoin and ether were trading 4% and 6% lower on the day at 4 pm ET. Bitcoin, which briefly appeared insulated from the broader market…
Ethereum layer 2 project Taiko has launched its native token, TAIKO, on Revolut, one of Europe’s largest financial super-apps. According to an Apr. 8 press release, Taiko is now available to Revolut’s 45 million users across 50 countries, marking a big step in bringing the token to the mainstream. Through the Revolut app, users can now purchase the token directly, providing a simple fiat-to-crypto on-ramp and possibly boosting liquidity. Taiko is the first layer 2 to utilize the “based rollup” design, which makes use of the native security and sequencing features of Ethereum. Its design boosts speed and scalability without…
The price of Bitcoin fell to $79,500 on Thursday, erasing much of the prior day’s gains after jumping to $83,300, as jubilation over U.S. President Donald Trump’s tariff pause faded. BTC was recently down about 3.1% over the past 24 hours. The president lowered tariffs on most nations to 10% yesterday, sparking a furious rally within the cryptosphere and broader markets, as investors contemplated how the U.S. had avoided a trade war with 180 nations caught up in Trump’s “Liberation Day” announcement. Trump also raised tariffs on Chinese imports, yielding a total rate of 125%, and the confrontation with one…
Dormant ETH whale moves $20M after 8 years, triggering market speculation. ETH price drops 3.5% despite spike in volume and whale activity. Exchange data shows bearish tilt, but top traders remain bullish on ETH. A long-inactive Ethereum wallet has come back after eight years, initiating two major transfers that have captured the attention of blockchain analysts and market watchers. The whale wallet, previously dormant since 2017, executed transactions totaling nearly $20 million worth of ETH within the last 24 hours. According to blockchain data, wallet address 0x2178602E5a25E5eCa759939c7D56… transferred 10,856 ETH, valued at approximately $19.53 million, to a newly created address,…
The White House confirmed that 104% tariffs against China will go live at midnight tonight, much to the woe of the crypto market. After a brief recovery to $79,000, Bitcoin fell to $76,000 amid $300 million in total crypto liquidations. There are a few points of optimism, as Bitcoin’s long positions rose to 54%. Tomorrow will be a critical day to follow; it may bring chaos to TradFi, but crypto could potentially weather the storm. Trump’s Tariffs Massacre Crypto Market Trump’s tariffs are about to take effect, and the markets are in a profound moment of uncertainty. Yesterday, over $1…
Avalanche Octane introduces a dynamic fee system to enhance C-Chain performance under heavy network activity. Octane marks the start of performance-focused upgrades aimed at making Avalanche more efficient and scalable. Avalanche just went live with its Octane update on mainnet, and it’s no small upgrade. It’s the start of a series of updates designed to speed up and optimize the performance of the C-Chain—the heart of Avalanche’s smart contract ecosystem. Rather than relying on fixed fees like other traditional blockchains, Octane takes a new approach with ACP-176, which enables dynamic fees on the network. The result? Lower transaction fees and…