[ad_1] Ethereum price faces risks amid the recent price drops affecting the markets. As the larger market experienced a downturn, ETH price saw extreme lows much like the rest of the cryptos. Most cryptocurrencies have followed BTC price making lower yearly lows. The price of Ethereum stands at $1,542.74, representing a major decrease under the $2,200 average purchase price of Ethereum holders. Many Ethereum investors face net losses because their assets have fallen beneath the buying prices, demonstrating substantial capital loss throughout the Ethereum network. Large-scale Ethereum holders with more than 100,000 tokens present an average cost basis of $1,290.…
Author: NBTC
[ad_1] As of Wednesday morning, the yield on the UK’s 30-year government bond soared to 5.5%—its highest level since 1998—mirroring a broader climb in U.S. sovereign yields and sparking fresh concerns about financial market stability. Surging global bond yields are exerting significant downward pressure on risk assets. Since the U.S. equity sell-off began last Thursday, the Nasdaq has dropped 10%, while bitcoin (BTC) has fared slightly better, down 8% over the same period. In the same time the U.K. 30-year bond yield is up 8%, while the U.S. 30-year is up 12%. Charlie Morris, founder of ByteTree, believes investors will…
[ad_1] Federal agents posed as a crypto startup to expose CLS Global’s role in AI token wash trades, revealing deceptive algorithms used to fake market demand. Secret DOJ Sting Exposes Crypto Wash Trades With AI Token as the Bait The U.S. Department of Justice (DOJ) announced on April 2 that CLS Global FZC LLC, a cryptocurrency financial services firm headquartered in the United Arab Emirates (UAE), was sentenced in federal court for its involvement in deceptive digital asset trading tactics. The company pleaded guilty to conspiracy to commit market manipulation and wire fraud, following a sting operation orchestrated by federal…
[ad_1] Leading coin Bitcoin has had a turbulent past few weeks, with its price troubles prompting many short-term investors—often referred to as “paper hands”—to exit the market. However, amidst the price volatility, the coin’s long-term holders (LTHs) remain resolute and show no signs of backing down as they attempt to push BTC back above $85,000. How soon can they realize this? Bitcoin Long-Term Holders Shift From Selling to Stacking In a recent report, CryptoQuant analyst Burak Kesmeci assessed BTC’s Long-Term Holder Net Position Change (30d sum) and found that since April 6, the metric has turned positive, showing clear upward…
[ad_1] Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has had a turbulent start to 2025, plunging over 52% year-to-date to trade at $1,574 at press time. Although the asset gained nearly 4.5% in the past 24 hours, it remains under sustained selling pressure, marked by a series of lower highs and short-lived rallies that have failed to establish a meaningful trend reversal. The latest blow came after President Donald Trump announced sweeping tariff measures, including a 10% blanket tariff on all imports into the United States, set to take effect on April 9. The announcement triggered a broad…
[ad_1] In a major shift in tone from previous administrations, Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, says the U.S. is now clearing the path for crypto innovation—and entering what he calls a “golden age for digital assets.”—In a recent interview with Fox News, Bo Hines laid out the Trump administration’s game plan for making the U.S. the global hub for crypto. He didn’t mince words about the past: “We’ve been in the demolition phase—removing a lot of those barriers that the Biden regime put up so that people can actually start building back…
[ad_1] Vanuatu has passed a bill to institute a regulatory regime for digital assets, including a licensing and reporting framework for exchanges, non-fungible token (NFT) marketplaces, digital asset custody providers and initial coin offerings (ICOs). The South Pacific Island nation’s Parliament passed the “Virtual Asset Service Provider (VASP) Act” on March 26. Amongst other measures, the framework designated the Vanuatu Financial Services Commission (VFSC) as the licensing authority, with powers to enforce the Financial Action Task Force’s (FATF) Anti-Money Laundering, Counter-Terrorism Financing and Travel Rule standards on digital asset firms. Under the new law, the regulator was given enhanced investigation…
[ad_1] Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October 2021, and has seen the team grow from roughly 15 to 85 people in the span of three and a half years. Forster worked a decade in the Canadian energy sector before coming to bitcoin mining, which is one of the reasons why he’ll be speaking about the future of mining…
[ad_1] Bitcoin (BTC) appears to be on the brink of a massive rally that could see the asset establish its price above $150,000 if a rare and powerful historical setup plays out. According to an analysis by prominent online cryptocurrency analyst TradingShot, the maiden digital asset is replicating a technical pattern that has preceded every major bull run. This time, it’s occurring for the second time within the same cycle, a first in the asset’s history. In a TradingView post on April 11, the analyst stated that the key driver of this projected rally is the Global Liquidity Cycle Indicator,…
[ad_1] Ethereum tests the $1,500 support zone with the risk of dropping further. The next key support level for Ethereum lies at $1,000. RSI signals Ethereum is nearing oversold conditions but further decline is possible. Ethereum bears are now testing the most crucial supporting level of $1,500, and technical analysis suggests that if this support fails, the cryptocurrency can slide down, potentially towards $1,000. Anup Dhungana pointed out that the price movement of Ethereum is forming a bearish pattern as it enters this critical support zone. Ethereum’s Relative Strength Index (RSI) is near oversold conditions, which could indicate a coming…