Author: NBTC
The cryptocurrency market is bracing for significant token unlock events between February 10 and February 17. According to Tokenomist, the total value of these unlocks is expected to top $742 million. These events, split into cliff unlocks and linear unlocks, could seriously affect the liquidity and price action of several cryptocurrencies. Tokens with individual unlock values over $5 million include big names like CONX, SAND, APT, SOL, WLD, DOGE, and others. According to Tokenomist, the single unlocking amount in the next 7d will be greater than $5m, including CONX SAND APT BERA ARB AVAX ZKJ ATH STRK SEI CYBER XCN,…
Recently, Ethereum (ETH) is trading at $2,073.84, showing a modest 0.79% decrease in the last 24 hours. This decline, though modest on a daily basis, comes on the heels of a 26.02% fall over the last 30 days. The longer-term decline suggests that despite periods of recovery, ETH has been under persistent selling pressure amid broader market uncertainty. This divergence between short-term fluctuations and longer-term trends is typical in volatile crypto markets, where investor sentiment can swing rapidly based on external factors such as regulatory news, macroeconomic events, or technological updates. Ethereum Price Analysis The RSI is currently near 50,…
Hong Kong-based crypto firm HashKey has launched a new initiative to rate cryptocurrencies and exchanges in a bid to enhance market transparency and compliance. Cryptocurrency trading group HashKey has unveiled a new initiative to rate cryptocurrencies and crypto exchanges in Hong Kong to help the local crypto businesses align with regulatory framework for virtual assets, issued by the Securities and Futures Commission. In an X post on Thursday, March 27, HashKey said it partnered with the Hong Kong Virtual Asset Rating Company, which will provide three key services: virtual asset ratings, exchange ratings, and virtual asset indices. According to HashKey,…
GameStop’s announcement on Wednesday that it would sell convertible debt to buy Bitcoin and bolster its balance sheet seems contrary to its past approach to digital assets. In recent years, the video game retailer debuted an ill-fated NFT platform and sold large quantities of IMX, the native token of Ethereum layer-2 network Immutable X. GameStop now appears to be following the path of Bitcoin hodler Strategy, saying it will offer $1.3 billion worth of convertible senior notes and potentially use proceeds to start stockpiling the largest cryptocurrency by market value. Strategy, which began acquiring Bitcoin in 2020, now holds more…
Crypto firm Gemini announced that it will serve as the custodian for the newly launched Evolve Levered Bitcoin ETF (LBIT) and Evolve Levered Ether ETF (LETH). These ETFs began trading on the Toronto Stock Exchange on Tuesday. As per the official statement, Both ETFs are designed to provide investors with leveraged exposure to the crypto market, aiming to amplify returns while adhering to strict security and regulatory standards. The launch marks a milestone as Canada’s first modestly leveraged crypto ETFs available to retail investors, offering a new level of flexibility and opportunity in the crypto space. Unlike traditional leveraged ETFs…
As the demand for crypto DAOs continues to surge, the social activity surrounding these projects has become an imperative measure of their success. Today, Phoenix Group shared details of the top crypto DAO projects based on social activity and engagements. These DAO projects experienced substantial social engagement in the past 24 hours. TOP #DAO PROJECTS BY SOCIAL ACTIVITY$TAO $ICP $APE $ARB $UNI $AAVE $LDO $SKY $PEOPLE $CAKE pic.twitter.com/hTpp6BwhoE — PHOENIX – Crypto News & Analytics (@pnxgrp) February 9, 2025 Top 10 DAO projects by social activity Bittensor (TAO) With 5.9k engaged posts and 1.8 million social interactions, Bittensor (TAO) has…
Ethereum (ETH) is showing signs of a bullish breakout, forming a complex Inverse Head and Shoulder (iH&S) pattern on the weekly timeframe. This key technical formation suggests that the Ethereum price is on track for a massive rally toward a bullish target of $18,000. Ethereum Forms Inverse Head & Shoulder Pattern The Ethereum price has been in a long consolidation period, experiencing a crash amid the ongoing market turmoil. Despite recording massive declines that have pushed its value significantly below all-time highs, crypto analyst Gert van Lagen on X (formerly Twitter) predicts that ETH could still reach a price target…
BitPanda, a regulated crypto assets platform in Europe, has now extended its reach in MENA region with a license in UAE from Dubai’s Virtual Assets Regulatory Authority. BitPanda now holds a crypto brokerage license that allows it to serve retail and institutional investor clients. UAE clientele will be able to access over 500 crypto assets on BitPanda after it became the 17th crypto broker to be licensed by VARA. Lukas Enzersdorfer-Konrad, Deputy CEO at Bitpanda Group, noted that BitPanda seeks to ensure investors and financial institutions have access to a fully compliant digital asset platform. He adds, “This is just…
TaskOn is excited to announce its groundbreaking collaboration with byData AI to drive innovation and community engagement. This partnership strives to power up the community initiatives of byData AI, accelerating possibilities for blockchain developers and enthusiasts. Delighted to announce our collaboration with @byDataAI to accelerate their community growth and engagement initiatives!ByDataAI is a decentralized AI training ecosystem offering up to 500% APR through http://byCode. It empowers users to trade computation power, optimize AI… pic.twitter.com/uR4npKYPKj — TaskOn | Ultimate Web3 Community Growth Platform (@taskonxyz) March 24, 2025 TaskOn, a platform for Web3 growth and engagement, witnesses the alliance through its official…
James Howells, a computer engineer from Newport, is considering purchasing an entire landfill in the latest attempt to recover a hard drive containing 8,000 Bitcoin (BTC). The cryptocurrency stash was accidentally discarded in 2013 when Howells’ ex-girlfriend mistakenly threw away the drive. James Howells’ Bid to Save Bitcoin Fortune Howells has spent the past 12 years attempting to secure permission to search the Newport landfill on Docks Way. He is convinced that his lost cryptocurrency fortune is buried there. The landfill is expected to close during the 2025-26 financial year. “The council planning on closing the landfill so soon is…