Author: NBTC
Ethereum consolidates near $2,741, with strong support at $2,190–$2,319, signaling accumulation and bullish momentum. Breaking $3,180 could trigger a rapid rally, while rejection may lead to a temporary retest near $2,200. Higher lows and liquidity grabs reinforce Ethereum’s bullish outlook, with traders eyeing a breakout beyond key resistance. Ethereum (ETH) is robustly consolidating, according to an analysis by Scient, with the prices oscillating between $2,741.38. The asset managed to gain 3% this week, hitting a high of $2,849.70 against a low of $2,605.44. Market analysts believe that ETH indicates the trading pattern of Bitcoin in mid-2023. Hence, long-term outlook is…
CEO Ben Zhou confirmed that Bybit has successfully filled the gap in its Ethereum (ETH) reserves following last week’s $1.4 billion hacker attack. Bybit CEO: ETH Reserves Completely Refreshed, Audited Proof of Reserves Report Coming Soon The exchange now plans to release an audited proof of reserve (PoR) report to demonstrate that customer assets are fully backed. “Bybit has already completely closed the ETH gap,” Zhou said. “A new audited PoR report will be released very soon to show that Bybit has returned 100% 1:1 to customer assets via a Merkle tree. Stay tuned.” $1.4 Billion Hack: The Biggest in…
Bitcoin, clocking in at $94,504 with a market cap of $1.87 trillion, witnessed a 24-hour trading session of around $53 billion, bouncing between $93,368 and $97,133 over the past day. Bitcoin The one-hour chart showed bitcoin taking a nosedive from its recent peak near $98,000, with hefty sell-offs pushing it toward the safety net at $93,000. Resistance levels are perched at $95,000 and $96,500, while the relative strength index (RSI) at 44 and the Stochastic at 26 keep things in the middle ground. The 10-period exponential moving average (EMA) at $97,282 echoes the bearish vibes all around. BTC/USD 1H chart…
Bybit Remains Stable: Can Ethereum Recover Quickly? Despite the massive hack, Bybit does not seem to be faltering. The platform is taking measures to mitigate the damage and is showing signs of a quick recovery. Binance founder CZ has already offered support to help address the incident. This swift response could strengthen investor confidence and contribute to market stabilization. Ethereum Price Has Already Risen by 6% After dropping to $2,620, Ethereum has already rebounded to $2,780 – an increase of over 6%. This indicates that the market is not panicking and that losses may be recovered faster than expected. If…
Ondo Finance and Plume Network are teaming up to bring Ondo’s tokenized U.S. Treasuries products to more investors across the real-world assets finance ecosystem. The partnership between Ondo Finance (ONDO) and modular layer-1 blockchain for RWAfi Plume Network targets RWAfi. According to the two platforms, the aim is to expand access to products such as Ondo U.S. Dollar Yield (USDY) across Plume Network. By combining Ondo’s expertise in Treasuries-backed yieldcoins, and Plume’s RWAfi-tailored infrastructure, the two projects can simplify onboarding and capital integration. Native issuance of Ondo’s USDY on Plume is a step in that direction. Read more: BounceBit partners…
On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance’s holdings has seen a surge in activity in the past day of trading, specifically regarding its Ethereum (ETH) and Solana (SOL) holdings. The largest crypto exchange by daily trading volume has ignited a buzz in crypto trading discourse online when users detected major activity on Binance’s hot wallet. According to on-chain data, in the past few hours Binance’s hot wallet off-loaded at least 103,570 SOL, or equal to…
I have just finished reading Debt: The First 5000 Years by anthropologist David Graeber. The book takes a look at the history of money, debt, and how they relate to societal structures from a lens that departs heavily from the conventional wisdom of economic thinking. Conventional wisdom paints a picture of people inefficiently bartering goods and services directly for each other, and money naturally arising as a result of the problems inherent in this. Graeber eviscerates this narrative looking at anthropological history. Primitive communities simply shared their resources freely with each other, living in a communal lifestyle, with bartering rarely…
VitaminAi has established its partnership with Jump.trade which operates as a top Web3 platform for NFT marketplaces and gaming services. The blockchain gaming industry will recieve an important boost. The joint venture between these companies will change the gaming world by integrating AI capabilities into blockchain gaming systems. 🚀 VitaminAi x https://t.co/kTrgXEYSzF Partnership Announcement! 🚀We’re thrilled to join forces with @AIJTofficial, a leader in Web3 gaming and NFT marketplaces! 🎮✨ This partnership paves the way for innovative AI-powered experiences in the blockchain gaming ecosystem. Stay… pic.twitter.com/KBoXApKn2p — VitaminAi | AI Agents MarketPlace (@Vitaminiai) February 25, 2025 VitaminAi delivered its announcement…
A vast majority of Latin American cryptocurrency users—95%—plan to expand their holdings in 2025, according to a Binance Research survey of more than 10,000 investors in Argentina, Brazil, Colombia, and Mexico. The findings show that 40.1% of respondents are expecting to buy more crypto within the next three months, 15.3% are looking to do so in the next six months, and 39.7% within 12 months. Only 4.9% have no plans to keep on investing this year. Latin America led the world in crypto adoption in 2024, growing by 116%, according to research from payments firm Triple-A quoted in the report.…
The crypto market has shown dramatic shifts in narrative performance, with AI-driven technologies emerging as clear winners in the final month of 2024. In contrast, meme coins and modularity projects have experienced significant declines in the last 30 days. Winners and Losers The latest data from Web3 analytics platform Dexu AI shows that AI agents generated an impressive 72.2% return over the past month, led by ai16z (AI16Z) and Phala Network’s PHALA token. At that time, AI16Z saw its value rise by nearly 295%, while PHALA added 209% to its price. Other strong performers here were Virtuals Protocol (VIRTUAL), which…