Author: NBTC
Bitcoin price hovers around $95,00 on Monday after falling nearly 3% over the weekend. President Trump acknowledged a possible recession but aims to announce at least one trade deal this week, the Wall Street Journal reports. On-chain data shows that BTC holders are realizing profits, increasing the downward pressure on price. Bitcoin (BTC) price is hovering around $95,000 at the time of writing on Monday after facing a pullback of nearly 3% over the weekend. US President Donald Trump acknowledged a possible recession but aims to announce at least one trade deal this week, the Wall Street Journal reports. On-chain…
Ethereum is currently testing a decisive resistance region near the 200-day moving average at $2.5K, which has triggered a consolidation phase. While a deeper short-term correction remains possible due to prevailing supply and overbought conditions, market structure and momentum suggest a potential bullish breakout in the mid-term. Technical Analysis By ShayanMarkets The Daily Chart ETH’s recent bullish momentum has pushed the price toward the critical $2.5K resistance zone, which aligns with the 200-day moving average—a historically significant level of supply and market reaction. Upon testing this confluence of resistance, Ethereum has lost its upward momentum, entering a temporary consolidation phase.…
Disclaimer: The analyst who wrote this report owns shares of Strategy (MSTR). Strategy’s (MSTR) perpetual preferred stock, STRK, achieved the largest proceeds from its weekly at-the-market (ATM) issuance since the program started in February, according to X account DogCandles, raising $59.7 million that was used to buy more bitcoin BTC$105,117.34 , according to a Monday SEC filing. That amount corresponds to the issuance of approximately 621,555 STRK shares. Strategy has about $20.79 billion still available in the STRK ATM facility. The company led by Executive Chairman Michael Saylor is plowing ahead with its bitcoin-buying strategy even as the price of…
Bitcoin’s breakout above the $105,000 mark earlier this week triggered a fresh wave of whale accumulation across the crypto market. On-chain data shows that several altcoins are drawing significant interest from large holders. Among the standout picks in the third week of May 2025 are Ondo (ONDO), Render (RENDER), and Optimism (OP). ONDO This week, real-world asset (RWA) token ONDO has seen increased whale attention. According to Santiment, whale addresses that hold between 10,000 and 100,000 tokens have collectively acquired 2.63 million ONDO over the past seven days. ONDO Supply Distribution. Source: Santiment Currently, this cohort of ONDO whales holds…
Argentine President Javier Milei has closed down the unit established to investigate the LIBRA scandal, an international cryptocurrency scam in which he was involved. According to decree 332/2025 published in the Official Gazette on Tuesday, President Javier Milei has dissolved the unit established to investigate his possible criminal involvement. The decree claims that the structure created by the executive branch has fulfilled all the tasks it has determined and therefore no longer functions. It was announced that the “Investigation Task Force” (UTI), established within the Ministry of Justice, has been dissolved, stating that it has completed its mission. The decree…
Binance, the world’s largest cryptocurrency exchange, started the day with an altcoin announcement. At this point, Binance made both a delisting and listing announcement today. Accordingly, announcements came for AWE, ACA, MASK and TRU. Binance announced that it will list the altcoin AWE Network (AWE) on Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin and Binance Futures, while delisting ACA/BTC, MASK/BNB, TRU/BTC spot trading pairs. “Binance is pleased to announce that AWE Network (AWE) will be added to Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, and Binance Futures at the respective dates and times listed below. Binance…
Bitcoin-holding public companies may be sitting on a powerful market catalyst: untapped issuance capacity that could meaningfully raise bitcoin’s (BTC) price, according to new research from NYDIG. In a report published this week, Greg Cipolaro, the firm’s global head of research, points to the “dry powder” in the form of share issuance potential among bitcoin treasury companies. If these companies take advantage of their elevated equity valuations to raise new funds and buy more bitcoin, it could trigger a significant upward move in the market. Cipolaro uses a back-of-the-envelope model to estimate the impact: applying a 10x “money multiplier” —…
Ethereum is on the verge of confirming a powerful golden cross, implying a breakout toward $4,000 appears increasingly likely. Ethereum (ETH) is approaching a potential breakout as it edges closer to forming a golden cross, a classic technical indicator that signals a major shift in momentum. As ETH hovers below the $2,800 resistance level, confluence with key moving averages and historical performance suggests a high-probability move toward $4,000 if volume picks up. Market sentiment is cautiously optimistic as bulls look to capitalize on this developing setup. Key technical points Golden Cross Incoming: ETH’s 21-day moving average is closing in on…
Defense attorneys in the criminal fraud trial of John Karony neared the end of their case on Tuesday. The former SafeMoon CEO is accused of misrepresenting SafeMoon to investors, including by secretly withdrawing funds from SafeMoon liquidity pools and using them for personal purchases, including cars and real estate. The day ended with the news that Karony may testify in his own defense starting later today. That decision will be made tonight and may be shared publicly on the case docket. His defense strategy remains focused on characterizing Karony’s use of funds from the SafeMoon liquidity pool as being in…
The Centrifuge token surged to its highest level since January ahead of an upcoming token migration and a sharp rise in assets within its ecosystem. Centrifuge (CFG) jumped to a high of $0.2850 on Friday, up 180% from its lowest point this year. The surge pushed its market capitalization to over $106 million. The rally comes ahead of the scheduled migration of the Centrifuge governance token to Ethereum (ETH) on May 20. This marks a major milestone as the network moves toward full Ethereum Virtual Machine compatibility. The migration is expected to pave the way for the launch of an…