Author: NBTC
An increase in supply on exchanges increases fears of further price drains. Ethereum experiences increasing volatility with the possibility of declines in the very near term. More than 100,000 ETH moved to the exchanges: Ethereum just changed its market status. There has been a dramatic occurrence with regard to Ethereum, since within only two days, more than 100,000 ETH have moved to exchanges. The huge cash influx on the exchanges is all that matters regarding selling pressures. On March 12, 2025, according to the Santiment data, more than 9.2 million ETH worth around $18.3 billion were either actively being traded…
Binance co-founder Chanpeng Zhao has left a cryptic post on his X account, triggering curiosity among a section of the crypto community. Zhao’s message was his reply to a post by a crypto user on the social media site, who noticed a pattern in the former Binance CEO’s actions. I wonder what the next 4 years will be like. 😉 — CZ 🔶 BNB (@cz_binance) February 17, 2025 According to the user, Zhao has started a cryptic 4-year-patterned signal for PancakeSwap, one of the top decentralized exchanges (DEX) on the Binance Smart Chain (BSC). The user noted that four years…
Tether CEO Paolo Ardoino has expressed excitement regarding the much-hyped stablecoin bill, which passed the U.S. Senate Banking Committee earlier today. Ardoino told Bloomberg earlier today that the bill would “unlock” a lot of clarity for stablecoins. “We are very excited because, as you know, Tether is the company that created the stablecoin industry in 2014. We issued the first stablecoin…and we have the biggest userbase when it comes to stablecoins,” he said. The so-called GENIUS Act, which aims to establish a regulatory framework at the federal level, is now poised for a full vote in the Senate. Notably, several…
Market analytics firm Glassnode has identified the next major Bitcoin support level to watch if the bulls lose the current region. The Glassnode report comes as Bitcoin continues to trade within a critical range, with its price hovering near $96,788. Specifically, the analytics resource emphasized that if Bitcoin loses its grip on $96K, the next major support could be much lower, as there is minimal resilience. Key Bitcoin Support Levels at $80.1K and $71K In the report, Glassnode called attention to Bitcoin’s adjusted MVRV Z-Score, an indicator that helps traders gauge price support zones. #Bitcoin’s adjusted MVRV Z-Score can be…
Crypto market started with week with intensified volatility, which has caused multiple liquidations, mainly affecting acquisitions of long positions. Today, according to data reported by Lookonchain, a whale got liquidated massive amounts of Ethereum following ETH’s recent fall below $1,805. This whale just got liquidated for 160,234 $ETH($306.85M)!https://t.co/6LXpmU9hCq pic.twitter.com/yFobkbE68K — Lookonchain (@lookonchain) March 12, 2025 Whale loses $306 million in Ether The whale, who betted for long Ethereum, today suffered hundreds of millions of dollars in losses after ETH’s price tremendously fell early today. As per the data, the whale got liquidated for 160,234 ETH ($306.85 million) today as ETH…
A U.S. bankruptcy court has granted liquidators of defunct hedge fund Three Arrows Capital (3AC) permission to expand their claim against FTX to $1.53 billion, rejecting objections from FTX’s debtors that the move was untimely and unfair. Judge John T. Dorsey of the U.S. Bankruptcy Court for the District of Delaware ruled on Thursday that 3AC’s liquidators had provided sufficient notice of their claim and were hampered in their investigation by FTX’s failure to share relevant records in a timely manner. “The evidence suggests that the delay in filing the Amended Proof of Claim was, in large part, caused by…
Recent analyses confirm that onchain transactions for both Bitcoin and Ethereum have sustained minimal fee structures. Data reveals the Ethereum network’s transaction costs have hovered below 1 gwei, while Bitcoin’s protocol activity has experienced a marginal uptick in volume. Low-Cost Blockchain Activity On March 15, 2025, prioritizing speed for ether transactions carries a modest cost of roughly 1.53 gwei ($0.05), while standard or slower transfers glide in at 1.07 to 0.57 gwei ($0.03 to $0.02). Ethereum’s network typically maintains a steady rhythm of 1 million to 1.358 million daily transactions, a trend holding strong for months. Activities like decentralized exchange…
HK Asia Holdings made its first Bitcoin (BTC) purchase in what it described as a symbolic but strategic move toward integrating digital assets into its financial strategy. The Hong Kong-listed company acquired 1 BTC on Feb. 13 for $96,150 — approximately HK$750,000 — using internal funds. While the transaction remains small in scale, the company framed it as a pivotal step in aligning with the evolving financial landscape. The announcement caused the firm’s stock price to surge 92.98% to close the day at HK$5.50. The purchase comes days after a major leadership overhaul. A consortium led by UTXO Management, Sora…
The Courtyard NFT collection based on the Polygon network earns the title of top non-fungible token (NFT) collection through its total sales reaching above $11.25 million. The Courtyard NFT collection continues leading despite a substantial 35.88% decrease in transactions while buyer and seller numbers dropped. Values within the collection experienced a minor sales growth of 1.59% even though transaction numbers declined. The sales on Mythos blockchain through DMarket reached $8.02 million while securing second position. Sales from the collection decreased by 22.61% while transaction volumes decreased by 25.20%. During this period both buyer numbers and seller numbers decreased respectively by…
Elon MUSK’S confirmation of the Grok 3 launch sent the Grok token soaring 82% on Sunday, highlighting the volatile intersection of artificial intelligence and crypto speculation. As the AI-powered chatbot developed by Musk’s xAI prepares to debut, traders have rushed to capitalize on the hype, pushing the token’s market cap to around $33.51 million. The token is trading at around $0.0053 at the time of writing, reflecting increased investor enthusiasm despite xAI itself having no direct ties to the Grok token. The surge highlights how Musk’s influence continues to drive market activity, even as xAI remains a weaker player in…