Author: NBTC

Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to trade slightly below the psychologically important $4,000 price level, following the brutal drawdown on October 9, which saw the digital currency test the support at around $3,435. Ethereum Stays Above Realized Price – Bullish Momentum Soon? According to a CryptoQuant Quicktake post by contributor TeddyVision, Ethereum is trading above its Realized Price at approximately $2,300. Dubbing the price level a “fundamental support zone,” the analyst said that historically, any dips below this level have marked a capitulation phase. For the uninitiated, Realized Price represents the average cost basis of all…

Shares in Ethereum treasury firm ETHZilla (ETHZ) jumped 14% on Monday and continued pumping after hours, furthering gains seen late last week amid news that a Beyond Meat (BYND) meme stock influencer has taken a position in the firm—and he’s pushing it to make changes. Dimitri “Capybara Stocks” Semenikhin most recently helped push BYND to a more than 1,000% price spike last week, gaining comparisons to unofficial GameStop ambassador Keith “Roaring Kitty” Gill, who rallied Redditors behind the gaming retailer’s shares during the 2021 meme stock rally.  With the BYND pump cooling off, Semenikhin has pivoted his focus. Now he…

The Bank of Korea’s (BOK) push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT Foundation. In a report released on Monday, the central bank argued that banks are already subject to strict regulations, including capital, foreign exchange, and Anti-Money Laundering requirements, which could help minimize any risks associated with introducing stablecoins to the country. At the same time, the BOK wants a policy consultative body jointly made up of currency, foreign exchange, and financial authorities to decide on issuer eligibility, volumes and other key considerations.…

ULTILAND, a prominent Web3-based RWA launchpad, has announced a partnership with NEXST, an AI-powered Web3 entertainment platform. The partnership aims to revolutionize the entertainment sector with the merger of next-gen artificial intelligence (AI), Intellectual Property (IP), and Real-World Assets (RWAs). As revealed in the official social media announcement shared by ULTILAND, the collaboration is a critical move to strengthen the relationship between the fans and artists with the combination of real-world activity as well as the on-chain innovation. Keeping this in view, the development is anticipated to trigger a paradigm shift when it comes to the co-existence of digital art,…

Ethereum price started a recovery wave from $3,700. ETH is moving higher but faces a couple of key hurdles near $3,900 and $3,955. Ethereum started a fresh recovery above $3,780 and $3,820. The price is trading above $3,850 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $3,920. Ethereum Price Eyes Upside Break Ethereum price started a minor recovery wave from the $3,710 zone, like Bitcoin. ETH price surpassed the $3,800…

Crypto-related stocks gained ground Monday after President Donald Trump and Treasury Secretary Scott Bessent signaled that progress was being made in U.S.-China trade talks. “I really feel good” about a deal, Trump told reporters Monday morning, referring to an agreement that would allow China to continue supplying the U.S. with rare-earth magnets — a critical component in everything from electric vehicles to smartphones — in exchange for easing the 100% tariff threat announced earlier this month. This followed similarly positive weekend comments by Treasury Secretary Scott Bessent which sent bitcoin surging as high as $116,200 on Sunday before a modest…

Crypto regulation gains powerful momentum as Coinbase’s CEO meets with 25 senators in just two days, accelerating bipartisan support for clear digital asset rules, onchain capital formation, and transformative financial system modernization. 25 Senators in 2 Days—Coinbase CEO’s Push for Crypto Law Hits D.C. Hard Bipartisan discussions around cryptocurrency regulation are gaining traction in Washington as policymakers and industry leaders move toward greater market clarity. Crypto exchange Coinbase (Nasdaq: COIN) Chief Executive Officer Brian Armstrong shared on social media platform X on Oct. 24 that he had engaged with numerous senators to help advance legislation that could define the framework…

Concordium (CCD), a L1 chain focused on confidentiality and legal compliance, announced a strategic collaboration with Transak, a decentralized payments infrastructure for virtual currencies and stable assets. Concordium is a permissionless L1 chain designed for institutions looking for compliance without infringing customer confidentiality, enabled by ZKPs and an integrated identity verification layer. According to the announcement made today, this partnership facilitated the integration of Concordium’s network into Transak’s Web3 payment infrastructure to broaden the accessibility of its native token (CCD) through Transak’s front page widget. Transak is a fiat-to-crypto onramp solution that allows users to purchase and sell cryptocurrencies efficiently…

Ethereum price hovers near the key level of $4,000. Market data shows ETH spot exchange-traded funds recorded net outflows of over $128 million. Trader anticipation around US consumer price index (CPI) has ETH bulls poised for an uptick. Ethereum (ETH) price is up slightly, trading above $3,980 at the time of writing with a 24-hour uptick of nearly 3%. This comes despite the flagship altcoin’s market grappling with institutional outflows from its spot exchange-traded funds (ETFs). Also, while traders eyeing the key US Consumer Price Index (CPI) release today adds optimism amid anticipation of clues on Federal Reserve policy. As…

Argentine President Javier Milei’s party secured a surprise, but decisive victory in the nation’s midterm legislative elections on Sunday. And citizens concerned about the potential election results purchased hoards of U.S. dollar stablecoins over the weekend, with experts noting a significant surge in “crypto dollar” usage. Facundo Werning, LATAM head for stablecoin issuer Agora and former Tether expansion manager for Argentina, told Decrypt that he saw a “notable increase in volume across the USD stablecoin to [Argentine peso] trading pair,” with a conservative estimate of $13.4 million in trading volume on Sunday. Similarly, the South American crypto app Lemon attracted…