Author: NBTC

Bitcoin’s price has been scaring off a lot of newcomers with choppy movements, which add to the overall uncertainty. Yet, things might not be over for the asset’s bull run, as another rally could be bound to happen soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the cryptocurrency has been consolidating below the critical $100K level after briefly rising above it twice. A large falling wedge pattern is forming at the moment, which has the market trapped inside. If the price is able to break the pattern to the upside with momentum, an aggressive…

Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. Ethereum Maintains Fee Dominance Despite Dencun Upgrade According to CoinGecko’s latest report, Ethereum’s fee revenue figure witnessed a 3% increase compared to the $2.41 billion earned in 2023. Despite the Dencun upgrade in March 2024, which lowered Layer 2 transaction costs and a continued shift of users from the main…

Less than two days after the OFFICIAL TRUMP (TRUMP) coin launch, First Lady Melania Trump introduced her own meme coin in the late hours of Jan. 19, 2025 (UTC). As anticipated, Official Melania Meme (MELANIA), commonly referred to as the Melania Coin, was launched to much fanfare, and its price quickly soared. But can this initial excitement translate into long-term success? Here’s an in-depth look at $MELANIA and its early impact on the market. In this guide: What is Official Melania Meme (MELANIA)? How does $MELANIA work? Market impact and early reactions Is Melania Coin a rug pull? Should you…

Malaysia is working on a new regulatory framework for digital finance to keep up with its peers in the digital asset space, the country’s Prime Minister Datuk Seri Anwar Ibrahim, has revealed. During his recent visit to Abu Dhabi, the PM told media outlets that he had been in talks with the UAE government to cooperate in promoting the digital asset space. The UAE has one of the most advanced blockchain sectors, with the government pushing for the adoption of the technology in the private and public sectors. “We have talked about digital transformation, data centres and artificial intelligence (AI).…

The Hong Kong Securities and Futures Commission has issued virtual asset licenses to local crypto exchanges Panthertrade and YAX. Hong Kong financial authorities have updated their list of virtual asset trading platforms that have received an operating license from the SFC. Two Hong Kong-based crypto trading platforms, Panthertrade Hong Kong Limited and YAX Hong Kong Limited, have just received operating licenses on Jan. 27. “The publication of this list by the SFC does not constitute a guarantee for the performance or credibility of any virtual asset trading platform licensed by the SFC,” said the financial regulatory agency in a translated…

Prominent cryptocurrency analyst and trader Michael van de Poppe has shared a Bitcoin chart, along with his near-term price prediction — a bullish one. This prediction comes as, over the past two days, the world’s largest cryptocurrency in terms of market capitalization size has recovered by slightly more than 7% and approached $98,000 for a moment. Bitcoin may test $100,000 in coming days, Poppe says Michael van de Poppe has shared a BTC chart, saying that BTC has had tremendous weekly performance. Since Monday, the pioneer cryptocurrency has increased by 7.25%, soaring from roughly $90,700 and reaching the $97,270 zone…

Amid the ongoing crypto market downturn, Ethereum is at risk of dropping to $3,000. Will sellers push the price lower and break the previous low at $2,913? With liquidations across the crypto market reaching $850 million—$789 million of which are from long positions—altcoins are facing significant selling pressure. Ethereum has dropped 6.80% over the past 24 hours. Having fallen below the $3,200 level, Ethereum is now under increased pressure at the psychological support level of $3,000. Will the current bearish market conditions push Ethereum to lower levels in 2025? Let’s take a closer look. Ethereum Price Analysis In the 4-hour…

Wintermute strengthens its role as TRON DAO’s official market maker, enhancing liquidity and ecosystem development. Wintermute aids TRON DAO in expanding its DeFi ecosystem and stabilizing USDD through innovative liquidity solutions. Wintermute has increased its partnership with TRON DAO, a significant participant in decentralized blockchain technology, as a strategic move to improve liquidity, market efficiency, and the growth of decentralized finance (DeFi) applications inside the TRON ecosystem. Wintermute’s participation signals a major turning point in TRON’s path toward increasing its worldwide footprint and guaranteeing a strong blockchain infrastructure as a leader in algorithmic trading and market-making worldwide. TRON X Wintermute…

Roger Ver, a leading crypto advocate and early Bitcoin investor, is facing serious legal challenges as he pleads with former President Donald Trump to intervene in his case. He is most popularly known as ‘Bitcoin Jesus’ among his followers on social media platform X. Roger Ver Faces Life Sentence, Calls Trump His “Last Hope” In a video shared on X on January 26, Roger Ver has reached out to Trump to stop his extradition from Spain to the US. “Mr. President, I am an American, and I need your help. Only you, with your commitment to justice, can save me,”…

Indonesia’s crypto market witnessed a remarkable expansion, with trading volume soaring to $40.2 billion amid strong demand for XRP, Dogecoin, and Bitcoin. This figure represents a 336% increase from the previous year’s total of Rp 149.25 trillion ($9.2 billion). The sharp rise is attributed to a surge in both user participation and transaction volumes. As of November 2024, Indonesia had 22.1 million registered crypto users, with that number expected to reach 25 million soon. XRP, Dogecoin Among Most Traded Tokens The increase in crypto engagement has driven trading volumes higher. The most frequently traded digital assets in Indonesia include Bitcoin…