Author: NBTC
Despite enjoying a bullish spell in the market for quite some time, it seems Dogecoin ($DOGE) might be headed to a slowdown. Noticing the token’s sluggish movement, analysts feel that Dogecoin might face some bearish threats in the near future. The uncertainty has led many crypto users to focus on other top altcoins. To that end, ChowWow ($CHOW) has been gaining traction with its utility-oriented model that lets you play games while earning cryptos. ChowWow is powered by the Solana blockchain and has been drawing people with its myriad of games. Just months into its launch, ChowWow has already made…
Bitcoin traded at $97,705 with a market cap of $1.93 trillion and a lower than usual 24-hour trade volume of $15.54 billion, experiencing a quiet session on Saturday, Feb. 15, 2025, within an intraday price range of $97,089 to $97,965. Bitcoin Bitcoin’s daily chart analysis reveals that BTC has been consolidating after a sharp correction, with key support at $89,164 and resistance at the $109,356 peak on Bitstamp. A break above the $100,000 level could indicate a bullish continuation, while rejection could lead to further downside. Fibonacci retracement levels based on the recent swing high of $109,356 and swing low…
According to an X post, on-chain analysts noticed that the $USDe ticker was bought on Hyperliquid some hours ago today, March 18, 2025. Now, the user is speculating that the ticker purchase suggests Ethena is going to deploy on the Hyperliquid L1 chain. “Did Ethena really buy the ticker? Or was someone else trying to psyop people?” The user asked before proceeding to connect dots based on the on-chain evidence they cited. Ticker $USDe was bought on Hyperliquid 3 hours ago. This suggests Ethena is going to deploy on Hyperliquid but… did Ethena really bought the ticker? Or was someone…
Ethereum’s price has crashed more than 53% from its 2024 high, wiping out $255 billion in market value as its market cap fell from $482 billion to $227 billion. Ethereum (ETH) has dropped as concerns about the network continued. On Monday, analysts at Standard Chartered lowered their ETH price target from $10,000 to $4,000, citing the structural decline of the network. Many Ethereum investors have suffered losses during the ongoing crash. According to Santiment data, the percentage of total Ethereum supply in profit has dropped to 47.6% — its lowest level since October 2023. The network’s realized loss has also…
Shibburn blockchain tracker, which publishes daily and weekly changes in the SHIB burn rate, has shared that over the past seven days the SHIB community has managed to remove an impressive SHIB batch from the market — several tens of millions of meme coins. In the meantime, during the past few days, SHIB managed to peak, registering substantial price growth but then letting it drop, still ending this week 6% higher than when it only started. 58.3 million SHIB coins burned According to a recently published tweet, over the past week, the SHIB community has managed to destroy 58,303,050 Shiba…
Martins Benkitis, co-founder and CEO of market maker Gravity Team, believes that any digital asset stockpile, as suggested by an executive order from U.S. President Donald Trump, should start with Bitcoin as its foundation. Altcoins in U.S. Digital Asset Stockpile Carry Risks While an executive order signed by U.S. President Donald Trump is somewhat vague on the creation of a national digital asset stockpile, Martins Benkitis, co-founder and CEO of market maker Gravity Team, is clear about what should be the key asset in that stockpile. According to Benkitis, any digital asset stockpile “should begin with Bitcoin as the foundation.”…
Ethereum has undergone a big transformation in the last four years, starting as a network capable of handling just 15 transactions per second, and evolving to a powerhouse processing thousands, with transaction costs decreasing from $50 per swap to mere cents. L2s and rollups have helped scale Ethereum without compromising its decentralized ethos. But this success has led to a new problem, one of fragmentation. Today, Ethereum is one of the most widely adopted blockchains, consisting of a network of over 50 L2s, each operating as its own siloed ecosystem. What this means for end-users is having to juggle multiple…
As Dogecoin makes a comeback off the back of Bitcoin’s surge, some may be pondering: Where did the asset come from? What’s it for? And what’s Tesla CEO Elon Musk got to do with it? The original meme coin’s boom largely has the world’s richest man to thank. Musk’s obsession with shitposting helped boost the coin to a top 10 cryptocurrency. It’s been a wacky ride over the past few years, culminating in Musk’s appointment to lead a government agency called DOGE—yes, really. But we’ll explain it all. 2018: What the DOGE? Dogecoin is the biggest and oldest meme coin…
In the wake of U.S. President Donald Trump’s establishment of a Strategic Bitcoin Reserve (SBR), speculation has emerged regarding potential Department of Defense (DoD) initiatives to engage in cryptocurrency mining. Is the DoD Entering the Bitcoin Mining Arena? An X Post Sparks the Discussion On March 17, Michelle Weekley, an executive at cryptocurrency enterprise Byte Federal, ignited a provocative dialogue regarding the U.S. Department of Defense’s potential exploration of bitcoin ( BTC) mining. On Monday Weekley declared, “I think the DoD is going to start mining bitcoin,” accompanying her hypothesis with a series of mysterious and vague visuals. Weekley’s X…
Luke Xie, co-founder and CEO of Satlayer, emphasizes the importance of highlighting bitcoin’s other use cases, particularly with the introduction of Taproot. The ETF and Trump Effect on Bitcoin The increased public interest in bitcoin, sparked by rumors in Q3 2023 that investment giant Blackrock contemplated launching a bitcoin exchange-traded fund (ETF), persisted throughout 2024. During this time, bitcoin’s performance versus other assets in U.S. dollars was phenomenal, further fueling interest. Although founded on groundbreaking software, bitcoin’s growing popularity seemingly revolves around its U.S. dollar price rather than the underlying technology’s capabilities. The emergence of bitcoin and cryptocurrency as a…