Author: NBTC
Bitcoin (BTC), the first and largest cryptocurrency by market capitalization, has entered an unusually quiet phase, with the least volatile six-day stretch since November 2023. According to Matthew Sigel, Head of Digital Assets Research at VanEck, this level of low volatility was last seen in November 2023, before Bitcoin rose 35% in a month. A Bitcoin six-day volatility chart provided, accompanying the tweet, indicates a considerable decline in volatility as the BTC price consolidates. Quietist Six Days for Bitcoin Since the Brief November 2023 Trading Range After Which BTC Rallied 35% in One Month pic.twitter.com/amMsxIlpo3 — matthew sigel, recovering CFA…
In the world of cryptocurrency, whale movements can significantly influence market dynamics. A major player in the Ethereum (ETH) market made waves today by acquiring a substantial amount of ETH worth $13.8 million. According to recent reports, this whale took several strategic steps to amass 7,074 ETH through a series of transactions that involved OKX and Aave platforms. In this article, we will delve into the details of this transaction and explore what it could mean for Ethereum and the broader crypto market. A whale bought 7,074 $ETH($13.8M) today!The whale withdrew 4,511 $ETH($8.81M) from #OKX 3 hours ago and deposited…
Justin Sun’s memecoin platform, Sun Pump, is struggling to outperform its competitors as token launches and revenue plummet by 99.9%. Sun Pump was launched in 2024 on August 9, joining a market that is already home to the likes of Binance’s Four Meme and Pump Fun. In that same month, reports indicated that Sun Pump was making more revenue and tokens than the largest memecoin launcher, Pump Fun. However, that momentum is almost entirely gone. On January 31 and February 7, 2025, just four tokens were launched on Sun Pump, a 99.9% decrease from the over 7,500 tokens it launched…
Michael Saylor is back with another update, and this time, it is about a fresh Bitcoin (BTC) gain for Strategy holders. Formerly known as MicroStrategy, the business intelligence firm turned Bitcoin-focused entity has once again expanded its holdings. Saylor took to X – what many people still call Twitter – to break down the numbers. A solid 18,527 BTC were added to the company’s treasury just over the past week. That’s a 4.1% yield when stacked against the 478,740 BTC the company already held. With Bitcoin’s current price hovering around $97,000, this latest batch translates to a value north of…
Asset management firm Superstate has partnered with Plume Network, a real-world asset backed by major venture capital players. In a Feb. 11 announcement Plume Network described the partnership as a significant milestone for the RWA on-chain market. Superstate will use the integration to expand its U.S. Government Securities Fund and Crypto Carry Fund, making Plume the first multi-chain partner for USTB and USCC, the ticker symbols for these funds. As a result, the partnership aims to accelerate the adoption of RWAs across the financial market. “Superstate’s partnership with Plume brings institutional-grade, RWA-backed yields to the network. Investors can soon mint…
This morning, rumors circulated of a surprise bitcoin (BTC) purchase by Elon Musk’s Tesla. Citing a Securities and Exchange Commission (SEC) filing, social media users screenshotted supposed proof that Tesla had purchased BTC in the fourth quarter of 2024 and increased its stack to 11,509 BTC. However, the filing doesn’t reveal any new purchases. It’s been common knowledge that Tesla has owned at least 11,509 BTC throughout 2024 and as early as the first quarter of 2023. Tesla has moved its BTC to various new wallets, including an October 2024 transfer to prime custody. However, its holdings haven’t increased in…
YOAKE and OpenSea will be launching an NFT collection based on the hit anime series ‘The Seven Deadly Sins,’ available on the Soneium blockchain for fans and collectors. According to a press release sent to crypto.news, the NFT collection titled “YOAKE & The Seven Deadly Sins Anime Series” is available exclusively on the OpenSea NFT marketplace. Traders can begin minting the anime NFTs from March 25 at 5:00 AM GMT. Each NFT is valued at 0.002 ETH (ETH) or equal to around $4.12 and is available for minting on Sony’s Layer 2 blockchain, Soneium. Users can mint an unlimited amount…
Ethereum (ETH) spot exchange-traded funds (ETFs) have recently experienced a dramatic outflow, totaling over $760 million over the past month. This marks a notable shift in the market sentiment towards Ethereum, as the net flows of funds from ETH spot ETFs have been predominantly negative. The development, highlighted by recent data from Glassnode and presented by @ali_charts, reflects significant investor activity in the Ethereum space, shedding light on potential market trends and reactions to external factors. Spot #Ethereum $ETH ETFs have recorded more than $760 million in outflows over the past month! pic.twitter.com/pVotWRyMRk — Ali (@ali_charts) March 22, 2025 Looking…
Toncoin is approaching a key zone and it is the right time to learn about this layer-1 blockchain in detail for investors who are interested in this token. Table of Contents What is Toncoin? How does Toncoin work? What is Toncoin used for? Price Analysis of TON In this article, we’ll learn what is Toncoin (TON), how it works, what Toncoin is used for, Toncoin price history, and any important information about the Toncoin cryptocurrency. What is Toncoin? The Open Network, a decentralized blockchain network that was first created by Telegram, has Toncoin cryptocurrency as its native cryptocurrency. To handle…
While Bitcoin has been in the news for its recent declines, BCA Research said that BTC is near its peak amid overheated market conditions. A team led by BCA Research Global Asset Allocation analyst Juan Correa noted that the Bitcoin and cryptocurrency market is showing all the typical signals that it is approaching its peak. Analysts stated that they do not believe that Bitcoin and cryptocurrencies are a scam and that prices will not fall to zero, and although they have a long-term positive opinion about BTC, they warned that the price may be approaching its peak. Analysts stated that…