Author: NBTC
On Apr 8, 2025, Scott Melker, a host of the podcast The Wolf of All Streets, made a bold claim in his daily newsletter called The Wolf Den. He called the co-founder of Strategy, Michael Saylor, known for his multi-million Bitcoin purchases, one of the worst traders in modern history. Melker provided reasoning for this, but… is he serious? Why does Melker say Saylor is a bad trader? Actually, Melker gave Saylor’s trading talents such a low grade only to outline a bigger topic of fundamental inability to time the market. But first things first. As of Apr 8, Strategy…
Ethereum reclaims support as demand and buying pressure increase across retail and whale wallets. Exchange outflows rise, signaling accumulation and strong interest in long positions. A breakout to $1,810 is likely if bullish momentum continues above $1,758 resistance. Ethereum — ETH, seems to be warming up for a breakout. After bouncing back from the recent market dip, the price now sits around $1,610—up 2.36% in a single day. That might not seem huge at first glance, but the signs behind the scenes are pointing toward a bigger move. Bulls are stepping in. Whales are getting quiet. And buyers across the…
Hayden Davis, one of the creators of the LIBRA token that caused a political scandal in Argentina, is still cashing out millions from his high-profile memecoin launches, according to a prominent crypto analyst. On April 4, crypto scam investigator Dethective caught Davis cashing out $1 million in profits from the launch of Melania Trump’s MELANIA memecoin. According to Dethective, the funds, made up of USDT and USDC, were sent to the MEXC, Bitfinex, and Kraken crypto exchanges. A day later, Dethective noticed Davis cashing out another $500,000 in Melania token profits. Read more: Javier Milei disapproval rate hits 60% in…
HTX Exchange has published its report for Q1 2025, stating that it has collected a +210% increase in net crypto deposits compared to the previous quarter. Despite the general bear market since the beginning of the year, the platform has recorded a 116% increase in new users. HTX Exchange and the Q1 2025 performance: +210% in net crypto deposits HTX Exchange and the performance of Q1 2025: the momentum of the crypto platform Justin Sun and his strategies HTX Exchange and the Q1 2025 performance: +210% in net crypto deposits HTX Exchange has published its Q1 2025 report with several…
It is wondered at what price WalletConnect (WCT), which was recently launched as a Launchpool project on the cryptocurrency exchange Binance and will be listed today at 14:00 Turkey time (UTC+3), will open. Compared to previous Launchpool events, the share of BNB and USDC stakers was increased, while the share of FDUSD holders was reduced. This move was due to the fact that FDUSD recently temporarily lost its peg to $1 and fell below $0.90. In previous Launchpool events, users who staked $1,000 worth of FDUSD earned an average of $1.78. On the other hand, WCT has already started trading…
Following Bitcoin’s recent decline, attention has once again turned to publicly traded company MicroStrategy (now Strategy), known for its aggressive Bitcoin buying strategy under Chairman Michael Saylor. To date, Saylor has led MicroStrategy in purchasing 528,185 BTC for a total cost of $35.63 billion, resulting in an average purchase price of $67,458 per Bitcoin. As of last data, the company’s holdings are valued at approximately $40.61 billion, with the current market price being approximately 12% below the company’s average purchase price. Despite that position still being profitable on paper, a recent regulatory filing reveals increasing financial pressure on the company…
Spotonchain analytics account on the X social media network has spotted a giant amount of Ethereum that has been deposited by a mega Ethereum whale to the major US-based crypto exchange Kraken. Overall, this whale is known to make large ETH sales every time the price begins to plummet. Data shared by Spotonchain shows that this holder sold large amounts of ETH last year and in 2023 too. Giant whale unloads 20,000 ETH as price drops 12.58% The aforementioned data source revealed that the giant Ethereum holder deposited a massive 20,000 ETH to Kraken. That amount of Ethereum was worth…
Binance has launched LDUSDT, a yield-bearing margin asset that lets traders earn passive income while trading futures. Binance just announced that its reward-bearing margin asset LDUSDT is now available on the exchange’s futures trading platform. Users can swap their Tether (USDT) on Binance’s Simple Earn platform for LDUSDT, which they can then use as margin in trades, while earning passive income through rewards. The launch of LDUSDT follows Binance‘s success with its first reward-bearing asset BFUSD with the current base annual percentage yield of 2.85%, which was launched in November last year. What sets LDUSDT apart is the integration of…
Bitcoin has support near $71K with key resistance standing at $107K Current level at $79K could spark a move if bulls step in fast Holding the green zone might lead to a breakout past previous highs Currently, Bitcoin (BTC) is at an important price-cycle phase where a breakout or correction may set in. On April 8, 2025, Bitcoin was trading adjoining $79,604, with a slight rise of 1.61%. A chart shared by Crypto Patel indicates that Bitcoin’s price is technically crucial since it has retested an important support level; hence the support could influence the allowable price aim for Bitcoin’s…
Ethereum has started this week with a minor relief bounce after last week’s flush below $1,500. While the price has held support for now, momentum is weak, and on-chain sentiment still leans bearish, suggesting any upside might be limited unless the buyers reclaim key resistance levels. Technical Analysis By Edris Derakhshi The Daily Chart ETH’s daily structure remains heavily bearish. The asset continues to trade below the 200-day moving average, located around the $2,800 mark, and has printed multiple lower highs and lower lows over the past two months. After breaking below the $1,800–$2,000 range last week, ETH is struggling…