Author: NBTC

Bitcoin has been trading in a tight range between $95,000 and $99,000 for weeks, leaving investors wondering when the next big rally will come. Despite the steady stream of positive news, market sentiment remains lukewarm and Bitcoin is struggling to reclaim its December highs. Bitcoin first broke the highly anticipated $100,000 mark on Dec. 5 and reached a peak of $108,000 on Dec. 17, partly due to President Trump’s re-election. However, price action has been lackluster since then. Analyst Noelle Acheson described the market sentiment as “feeble” in her Crypto Is Macro Now newsletter, pointing to potential factors holding Bitcoin…

Crypto analyst TradingShot has revealed that the Ethereum price has formed a megaphone bottom which has not been seen since 2020. The analyst revealed what happened the last time ETH formed this bottom, which provides a bullish outlook for the altcoin. Ethereum Price Forms Megaphone Bottom In a TradingView post, TradingShot stated that the Ethereum price has formed a megaphone bottom like in March 2020. He noted that ETH is currently on the first week of a rebound after recording three consecutive red weeks when it could not break above the 1-week MA50. The analyst further remarked that ETH is…

Curetopia has secured $1.77 million in funding to expedite treatments for rare diseases through a decentralized biotech model leveraging Solana. The fundraising effort, supported by more than 1,000 individual contributors, highlights growing momentum in the decentralized science (DeSci) sector, particularly amid a sustained US freeze on traditional funding sources like the National Institutes of Health (NIH) and National Science Foundation (NSF). The Curetopia DAO, launched on Bio Protocol with backing from Binance seeks to address an estimated $1 trillion rare disease market historically underserved by large pharmaceutical companies. Utilizing blockchain-based crowdfunding, Curetopia enables rare disease patients and researchers to collaboratively…

While Bitcoin L2s recently witnessed outflows, a new protocol called Hemi amassed more deposits on its private mainnet network. Hemi, a Bitcoin (BTC) layer-2 protocol founded by early blockchain developer Jeff Garzik, has achieved over $260 million in total value locked ahead of its mainnet launch. BTC L2s function as sidechains connected to Bitcoin’s blockchain. Protocols like Hemi, Core, Bitlayer, and Stacks seek to unlock decentralized finance for BTC through staking and yield generation. Data from the project’s native explorer showed an uptick in deposits, comprising some 2,686 in liquid BTC derivatives and about 3,207 dominated in Ether (ETH) staking…

Stock and other traditional financial asset traders across the world are wanting to be able to buy and sell assets around the clock, resulting in two of the biggest stock markets in the U.S., Nasdaq and the New York Stock Exchange (NYSE) making moves to offer round-the-clock trading soon. “We definitely see that this is where the markets are moving,” said Giang Bui, Nasdaq’s head of U.S. Equities & Exchange-Traded Products, speaking at the Digital Asset Summit in New York on Thursday. “There’s a lot of demand globally for U.S. stocks and people want to trade within the hours that…

A Bitcoin whale has recently made a significant $BTC shift. As per Spot On Chain, the whale transacted up to 1,100 $BTC to Binance after getting a profit of $86.9M from the former purchase. The on-chian analytics platform disclosed the details concerning this whale move in an exclusive X post. A giant whale moved 1,100 $BTC ($106.4M) to #Binance ~20 minutes ago.Between March and December 2024, this whale accumulated 5,700 $BTC from Binance at an average price of $81,418.Now, at the current price of ~$96.8K, the whale holds 4,598 $BTC ($444.6M) with an est. total… pic.twitter.com/pe6PljQdk3 — Spot On Chain…

Ethereum (ETH) is still struggling below the $2,000 mark after briefly hitting the threshold following the recent FOMC meeting. The bullish momentum has quickly faded, and ETH is again showing signs of weakness. Technical indicators, including RSI and DMI, indicate increasing bearish pressure in the short term. Traders are now monitoring key support and resistance levels to see whether ETH will continue its correction or attempt a recovery. Ethereum RSI Is Down After Touching Overbought Levels Ethereum’s RSI has dropped sharply to 46.63 from 71 just two days ago, signaling a shift in momentum. The Relative Strength Index (RSI) is…

Crypto exchange BitMEX co-founder Arthur Hayes tells investors to look forward to the Federal Reserve’s (Fed) comments on Quantitative Tightening (QT) and the European Union’s better economic performance against America ahead of Wednesday’s Fed Day announcement. In an X post, Hayes asked if the Fed would signal an end to QT, its policy of withdrawing liquidity from financial markets. He also mentioned Europe’s increased defense spending, financed by the European Central Bank’s stimulus, could outweigh the short-term fiscal strength of the US economy. “If yes, correction over. If no, hold on to your butts,” Hayes wrote, insinuating that if European…

Shiba Inu price recovery boosts the number of millionaires holding SHIB, with significant gains seen in whale portfolios. Shiba Inu is recovering quickly from the recent downturn that almost added a zero to the coin’s value. As of press time, Shiba Inu is up 3% today, trading at $0.00001632. Today’s uptrend has improved SHIB’s weekly performance, which is now in the green. While SHIB remains down significantly by 24% on the monthly chart, the holdings of whales and retail investors are gradually improving. Shiba Inu Millionaires at Current Price Notably, at its current price of $0.00001632, Shiba Inu millionaires hold…

Upbit, one of the largest South Korean crypto exchanges, has denied accusations of charging brokerage fees for listing tokens on its platform, calling its accusers to provide concrete proof of such occurrence. The allegations were made by Wu Blockchain, a crypto news platform, when it shared a scoop on X (formerly Twitter) claiming that several projects paid huge intermediary fees to have their tokens listed on two of South Korea’s leading crypto exchanges, Upbit and Bithumb. According to Wu Blockchain, the fees were approximately $2 million and $10 million, respectively, and they were orchestrated by intermediaries related to Upbit’s shareholders…