Author: NBTC
Since the US securities regulator approved spot Bitcoin ETFs, the funds have posted record performance in the recent past. Investor enthusiasm for such funds reached an unprecedented level, with net flows soaring more than 100%. According to a report by Coindesk, the net inflows for US-listed spot Bitcoin ETFs surged 175% year-over-year in the first three weeks of the year. The boost came despite the ongoing volatility in the crypto market. US-listed Bitcoin ETFs have reportedly accumulated an impressive $40.6 billion, highlighting their status as one of the most successful ETF launches in history. The sharp rise in inflows signals…
None of the top 10 cryptocurrencies by market cap have made significant moves over the past 24 hours, according to CoinGecko. However, in meme land, tokens like TRUMP, MELANIA, and a new coin called FARTBOY have made double digit moves upwards. Official Trump (TRUMP), a token endorsed by the U.S. President, has jumped 12.4% over the past 24 hours—his wife’s official token Melania Meme (MELANIA) is also up nearly 2%. This comes the morning after Donald Trump met with Israeli Prime Minister, Benjamin Netanyah, telling the media that Palestinians should resettle in another country and that the U.S. will take…
Ethereum’s price has fallen and is facing resistance at $2,000 and rejection at the 21-day SMA. Ethereum price long-term analysis: bearish The largest altcoin has been trading above support at $1,750 and below resistance at $2,200 since the March 10 downtrend. Although Ether has broken through the 21-day SMA resistance, it has not been able to move above the $2,000 level. Had buyers been successful, the largest altcoin would have risen to highs of $2,400 and $2,800. Ether is holding above the $1,800 support after falling to a low of $1,883 today. On the downside, Ether will return to the…
Coinbase director Conor Grogan speculated that Kraken and its founder, Jesse Powell, may have access to Satoshi Nakamoto’s real identity due to a 2016 acquisition. This week, blockchain data provider Arkham indexed approximately 22,000 wallets believed to be controlled by the pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. While Grogan questioned the use of the Patoshi Pattern, a specific mining routine some believe Satoshi used, the Coinbase director acknowledged the merits of Arkham’s research, stating that the report provided new evidence about Bitcoin’s early activity. I went through Satoshi Nakamoto’s wallets; thread of new findings that I don’t think have been…
Since its launch less than three months ago, NEAR Intents by Near Protocol has quickly become a key player in the cross-chain ecosystem. Facilitating over $9.8 million in swap volume, it has gained strong adoption across Ethereum, NEAR, and Solana. It has seen significant weekly activity and growing transaction volume. NEAR Intents Grows Strong with $9.8M in Cross-Chain Swap Volume Since its initial release fewer than three months ago, NEAR Intents received speedy uptake. This led to strong adoption across cross-chain swaps. The platform now supports 12.1k swaps throughout 1.3k different addresses, which illustrates escalating user interest in its services.…
The price of Ethereum under $1,800 warns of a potential correction to $1,500, while optimistic traders hope for a double bottom reversal. As Bitcoin crashes to $81,000, Ethereum has breached the crucial $1,800 support. Having created a 24-hour low at $1,754, Ethereum is currently trading at $1,809. However, despite the increased bearish influence, the possibility of a double-bottom reversal arises at a crucial support. Will Ethereum manage to regain bullish momentum? Ethereum Analysis Hints At Double Bottom Reversal In the daily chart, the Ethereum price trend showcases a streak of six consecutive bearish candles. These account for a pullback of…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. After bitcoin’s ascent to $109,000 and a more recent decline below $93,000, the asset’s price has fluctuated between those levels. While price predictions remain a normal part of industry fodder, Copper.co took a bit of a different approach. The crypto custody firm blended technical indicators (like the Relative Strength Index) with historical returns, volatility clustering and daily range behavior to forecast possible BTC price outcomes. “Our main goal was not to pinpoint a specific final peak for bitcoin, but instead to identify price points at which…
As Tesla CEO Elon Musk takes a more active role in the new US administration alongside Donald Trump, he is exploring the use of blockchain applications for DOGE, the Department of Government Efficiency he heads. In recent weeks, Elon Musk has said he is in talks to use blockchain to track federal spending, protect data, facilitate payments and manage buildings. While these talks continue, Hedera (HBAR), one of the popular altcoins of recent times, announced that it wants to integrate its blockchain into DOGE. Stating these requests in a post they made from their X account, the Hedera team called…
DeFi protocols are once again facing liquidations as Ethereum (ETH) dipped to a lower range under $1,900. Maker is one of the major venues for liquidations, with $229M in ETH held in two major loans. DeFi protocols once again face liquidations, as Ethereum (ETH) dipped under $1,900. The latest market downturn pushed ETH as low as $1,807.77, threatening the liquidation prices of large positions. One of the whales has a liquidation price of $1,787.86, based on a 171% collateral ratio. So far, the whale has loaned over $68M in DAI, locking in higher ETH prices. While the whale may still…
Solana co-founder Anatoly Yakovenko has opined that Bitcoin, the largest cryptocurrency, is heading toward a “hybrid” proof-of-stake (PoS) model. He argues that custodians and centralized exchanges will reject long-range attacks against a known set of “good” miners if the flagship coin does end up part of national reserves. This comes amid heated debates about Bitcoin’s security amid rapidly declining transaction fees. Justin Drake, a researcher for the Ethereum Foundation, provocatively stated that Bitcoin was “cooked” in a lengthy social media post. He estimated that it would take roughly $10 billion to perform a 51% attack, which Drake believes is “peanuts”…