Author: NBTC
Bitcoin (BTC) managed a minor bounce of its worst levels of the day, but the bitcoin mining stocks were unable to reverse any of their plunge as Chinese AI startup DeepSeek threw into question ideas that the miners had value as data center plays. The largest cryptocurrency was recently trading at $101,500, up from earlier lows around $98,000 and still down 3% over the past 24 hours. The broader market gauge CoinDesk 20 Index fell 5.6%, dragged lower by double-digit losses of AI-adjacent tokens render (RNDR) and filecoin (FIL). Solana, which is a key hub for crypto AI agent tokens,…
After a massive sell-off on the cryptocurrency market this week, many saw the price of Bitcoin (BTC) bounce back from as low as $89,000 to $97,000 in a matter of hours. In the altcoin space, the story is even more dramatic, with many of the alternative cryptocurrencies posting double-digit percentage gains in just the last two days. Naturally, such a rapid change in the narrative from extreme fear to greed has sparked a fresh injection of fear of missing out among crypto market participants. In the middle of this price roller coaster, the former CEO of Binance, the world’s largest…
Ethereum is on the verge of breaking out of a decisive price range, introducing heightened volatility and indecision to the market. A bullish breakout would likely trigger a rally toward the $4K resistance, while a bearish move could trigger significant downside momentum. Technical Analysis By Shayan The Daily Chart ETH’s price action reflects a phase of heightened volatility followed by a period of sideways consolidation. The cryptocurrency is currently trapped within a narrow range, defined by the 100-day moving average at $3.2K and the critical $3.5K resistance zone. This price range is significant, as it holds substantial liquidity that could…
CANTO crypto surges by 200% hours after Trump’s inauguration, positioning itself as one of the market’s top gainers in the past few hours. The token is linked to a layer 1 blockchain of the same name and serves as its utility token. According to data from crypto.news, CANTO crypto saw its value skyrocket shortly after President Donald Trump’s inauguration, reaching as high as 200%. At the time of writing, the token has retracted to just around 125%, though occasionally it rises near 135%. CANTO is currently trading hands at $0.0336. CANTO’s trading volume has also seen a massive wave of…
Key lawmakers back President Trump’s bold move on digital assets, signaling a seismic shift in U.S. financial policy and innovation leadership. Lawmakers Hail Executive Orders on Digital Assets House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have applauded President Donald Trump for his recent Executive Orders on digital financial technology. In a joint statement on Jan. 24, the lawmakers praised the administration’s commitment to maintaining U.S. leadership in the global digital asset sector. They highlighted the importance of the newly established President’s Working Group on Digital Asset Markets, emphasizing its potential to foster collaboration…
Although the leading cryptocurrency Bitcoin (BTC) has been underperforming since mid-December, the rally expectation continues. At this point, there are many predictions for the BTC price, and CryptoQuant also announced the current forecast. On-chain analytics platform CryptoQuant said in its latest weekly report that the BTC price is preparing for its next macro peak and revealed the price range it expects for BTC. Bitcoin Will Reach At Least $145 Million This Year! At this point, CryptoQunat analysts said that with the new US presidential administration, the mass capital flow will increase and allow Bitcoin to reach at least $145,000 this…
Ethereum price action in the past shows a bullish divergence. As per the analysis of market analysts, there will be a massive surge over 43% with the price ranging between $4,811 and $4,867. If successful, this would be a massive achievement for Ethereum as it edges close to previous all time highs. After this, Ethereum can ascend into an explosive growth phase and break towards an ambitious $8,000 valuation within the next few months. Source: X Ethereum Price: Path to $4,800, A Critical Milestone In the past few weeks Ethereum has been consolidating in a relatively narrow range while showing…
A Lido DAO whale showed activity which caused community members to turn attention to the altcoin. LDO’s daily trading volume has surged by 16.17% as per CMC data. The past day has seen numerous cryptocurrency activities both in terms of whales and institutional buyers. Recently Tron Founder, Justin Sun discussed how the firm is strategically investing in WLFI. In turn, the community has been discussing World Liberty Financial’s crypto holdings in the last 24 hours. Meanwhile, recently, according to Spot On Chain reports, a dormant Lido DAO whale has resurfaced after a year of nil activity. The whale identified with…
Thai residents have kicked against a government plan to legalize casinos and online gambling. According to recent reports, casinos and online gambling could be legalized and carried out using digital assets. The move, which the authorities claim will boost investment and tourism, is backed by the former Prime Minister of Thailand Thaksin Shinawatra. According to the former PM, legalizing online gambling could turn out big for the country, with his estimates putting the country’s annual revenue from the activities at 100 million baht (approximately $2.89 billion). The country has also approved a draft law to that effect, trying to use…
Coinbase chief legal officer Paul Grewal moved to debunk claims that the exchange does not support Solana. In response to an X user asking why Coinbase hates Solana, Grewal said that the exchange had spent millions of dollars to defend Solana. According to Grewal, the Coinbase team continues to find ways to defend Solana against the attack from the US Securities and Exchange Commission (SEC), which wrongfully classified the token as a security. He added that the exchange does not plan to relent because it believes in Solana. Grewal said: “My team and I wake up every day thinking about…