Author: NBTC
Crypto analyst Trend Diva has provided an in-depth analysis of the current Ethereum price action. She revealed that ETH is still moving inside an ascending triangle but warned that it could suffer further downside pressure if it fails to stay above a crucial support level. Ethereum Price Still Inside An Ascending Triangle Despite Recent Crash In a TradingView post, Trend Diva revealed that the Ethereum price is moving inside a clear ascending triangle. The upper boundary acts as long-term resistance, and the lower boundary provides dynamic support. This analysis comes amid ETH’s recent decline below $2,000. The analyst noted that…
Asset manager HANetf has introduced leveraged and inverse crypto ETCs, offering traders a new way to bet on Bitcoin and Ethereum price swings. White-label exchange-traded fund provider HANetf is offering traders in Europe new ways to speculate on crypto by launching its first leveraged cryptocurrency exchange-traded commodities and a short Bitcoin (BTC) strategy, allowing them to bet on price movements of BTC and Ethereum (ETH). Available on Nasdaq Sweden with a 2% expense ratio, traders can now access the 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC. In a March12 interview with ETF Stream, HANetf…
The tokenization of real-world assets (RWAs) maintains a bullish narrative, currently worth a massive $58.37 billion with over $2.76 billion traded in the past day. Even Larry Fink, the chief executive of BlackRock, believes that the age of tokenization of stocks and bonds has arrived, adding that his asset management firm is gearing up to facilitate tokenization efforts. Top Five RWA Crypto Projects Meanwhile, Altcoin Buzz, a digital media outlet, discussed the five RWA protocols that investors need to look out for during the current cycle. These blockchain-based projects include Mantra (OM), Clearpool (CPOOL), Ondo Finance (ONDO), Chainlink (LINK), and…
According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.” EU Warns Trump’s Crypto Stance Risks Stability Donald Trump clearly knows how to shake things up, and his administration’s crypto initiative is beginning to unsettle economic ministers from the European Union (EU). EUnews.it reports that this matter is among the subjects slated for discussion at the Eurogroup meeting on March 10. The outlet observes that “well-informed European sources” affirm “the new U.S. administration has…
Speed isn’t just a challenge for blockchain – it’s the deciding factor between adoption and obsolescence. If Web3 can’t match the seamless experience users expect, it won’t matter how decentralized or innovative it is. The current state of development speaks volumes: according to a16z’s Builder Energy Dashboard, which tracks where crypto’s builders are focusing their efforts, infrastructure development accounts for around one-fifth of activity, with Layer 1 and Layer 2 projects making up over a third of that segment. Given that most of these projects are focused on delivering high transaction speeds without corresponding high fees, it’s clear that scalability…
Bitcoin price may be volatile but it didn’t stop giant financial institutions from continuing to invest more. Large institutions such as pensions or hedge funds tripled their holdings of spot bitcoin exchange-traded funds (ETFs) in the fourth quarter of 2024, data from 13F filings with the Securities and Exchange Commission (SEC) showed. Institutional investors bought $38.7 billion worth of the spot bitcoin ETF, according to Bitwise chief investment officer, Matt Hougan. This is more than three times the previous quarter, in which only $12.4 billion worth of holdings were reported. Investors with assets over $100 million are required by the…
Ethereum rebounds from key support, signaling bullish momentum with potential targets of $3,000 and $4,000 this year. A Wyckoff accumulation pattern hints at a breakout, with Ethereum potentially exiting its bearish phase for a strong uptrend. Price action near $2,400–$2,800 remains uncertain, but sustained buying pressure could fuel a rally toward higher resistance. Ethereum’s price action shows strong bullish momentum as it rebounds from key support levels as per analyst IncomeSharks. Analysts project potential targets of $3,000 and $4,000 this year. The market structure indicates resistance ahead, but renewed buying pressure fuels optimism. https://twitter.com/IncomeSharks/status/1898513652568969676 Ethereum Shows Strength With Renewed Momentum…
Cardano has reached a significant milestone in its journey toward decentralized governance. In a video broadcast on Tuesday, founder Charles Hoskinson shared the exciting news that the Cardano Constitution has officially replaced the interim version. This feat followed a successful ratification vote. With an impressive 85% approval, the Cardano community overwhelmingly endorsed the new Constitution. Only 6.62% opposed, and about 7.68% abstained from voting. This marks a resounding endorsement of the foundational document. Given the weight of this achievement, Hoskinson took to a live video to congratulate the entire Cardano community: “This is a special broadcast I’m very proud to…
Three years ago, Sam Bankman-Fried was a big name in Washington, D.C., donating heavily to Joe Biden’s 2020 campaign. He is now asking Trump for a pardon after his crypto exchange FTX collapsed, leading to a 25-year prison sentence. SBF’s High Profile Efforts To Seek Pardon Now, Bankman-Fried is trying to turn things around by asking former President Trump for a pardon. His efforts include making high-profile appearances on conservative media outlets, including an unsanctioned spot on *The Tucker Carlson Show*, which got him placed in solitary confinement. While Carlson didn’t directly ask about a pardon, he showed interest in…
Do you want to get your traditional currency backed by blockchain solutions? Well, hold your thoughts. This is exactly what the collaboration of Hela Labs, AI-optimized L1 blockchain, and Crossfi Chain, a non-custodial crypto to fiat payment gateway, is bringing to the table. Hela Labs has revealed this newest adventure on their official X page. This collaboration is a next-generation solution to seamlessly bridge the gap between traditional and fiat currency. We’re excited to announce our newest collaboration with @crossfichain!CrossFi Chain is a groundbreaking blockchain that provides an inclusive, next-generation solution that bridges fiat and cryptocurrency seamlessly.We’re driving innovation that…