Author: NBTC
A cryptocurrency trading expert has suggested that Bitcoin (BTC) may be on the verge of reaching a new all-time high of $150,000 in the coming weeks, based on a bullish pattern reminiscent of past record-breaking rallies. This optimistic forecast follows Bitcoin’s reclaiming of the $99,000 mark over the weekend, aligning with the 50-day moving average (MA), which currently serves as a critical support level, according to insights from TradingShot in a TradingView post on January 6. The popular online trading expert compared Bitcoin’s current movements to its price action earlier in 2024. Back then, a similar recovery of the 50-day…
Lukas Bartusek, a former FTX user from Prague, is locked out of nearly $400,000 after mistakenly sending 2,000 Solana (SOL) to his old account a year after the exchange collapsed. Now he needs a court order to get it back, according to a Monday filing in Delaware bankruptcy court. At the time Bartusek made the deposit, Solana was worth $31, putting his deposit’s value at around $63,700. Since then, Solana’s price has surged to $198, meaning his locked-up funds are worth $396,000 as of press time. According to the filing, FTX “knowingly and willingly” accepted the deposit. Now they’re telling…
Top cryptocurrency trader and analyst Michael van de Poppe has revealed that Bitcoin may skyrocket back above $100,000 and then reach a new all-time high as early as this month. The world’s biggest cryptocurrency has three weeks to accomplish that. But before it happens, the analyst said, Bitcoin first needs to surpass “the crucial breakout level.” Bitcoin targets “crucial breakout level” and new ATH Michael van de Poppe tweeted that Bitcoin is targeting an upward jump in an attempt to surpass “the crucial breakout level” at roughly $100,000. Once this price line is left behind, we may see the digital…
Ethereum has shed 18% of its value over the past month. As its price continues to slide, the percentage of ETH’s supply held in profit has fallen to its lowest level since October, signaling mounting challenges for the altcoin. With the strengthening of selling pressure, ETH holders may record more short-term losses on their investments. Ethereum Holders Count Their Losses ETH’s double-digit decline has pushed its price below the crucial support formed at $3,000. The altcoin currently trades at $2,640 and remains under significant bearish pressure. The recent price drop has pushed many Ethereum holders into the red. According to…
A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to Nigeria’s Digital Economy A coalition of software firms recently launched what has been described as Nigeria’s first “compliant” stablecoin, cNGN. The stablecoin, which is now included in the Nigerian Securities and Exchange Commission incubation program, is reportedly live on two of the country’s only licensed digital asset exchanges. Adedeji Owonibi, director of the stablecoin project, said it took his team three years to achieve this milestone. He also disclosed that…
Amber Group increased its HYPE holdings to 730,749 tokens worth $16 million. HYPE token price plunged by around 15% in the last week, trading above $21. The broader crypto market had a slow start for 2025, contrary to the short bull run we witnessed in December 2024. While Bitcoin is trading at the usual $94K price level, Ether hasn’t yet recorded any significant price surge, trading at $3.3K. Meanwhile altcoins have also had a dull start, except for a few memecoins and AI agent tokens. Hyperliquid token witnessed significant price surge of 100% in 2024, following its remarkable airdrop of…
Major CEXs have witnessed a significant decline in spot trading volume compared to the volume recorded in December 2024. The top exchange in terms of change rate was HTX, with negative 8% while Bitget trailed behind with -46%. The derivative trading volume decreased by 17% month-over-month. Major crypto centralized exchanges witnessed a 25% drop in spot trading volume in January 2025 compared to the figures recorded in December 2024. Data collected and compiled by a WuBlockchain team shows that the top three exchanges in terms of change rate were HTX with a negative 8%, Kraken with a negative 10%, and…
Analytics platform CryptoRank revealed that Bitcoin’s price has surged by 6% since the beginning of the year. The research firm also reported a surge in XRP (+16%), $ADA (+25%), $XLM (+32%), SUI (+26%), and other L1 assets. The analytics platform also revealed that Bitcoin’s market capitalization rose by 0.48% to reach $3.74T. The data also indicated that BTC’s dominance rose by 0.44%, and the Fear & Greed index rose to 76, indicating extreme market greed. Bitcoin retakes $100k once again Bitcoin began the year with strong momentum, reaching the $99,765 mark and gaining over 6% in price appreciation. The upsurge…
Coinbase’s layer-2 network, Base, has denied allegations of selling its Ethereum (ETH) holdings. Over the weekend, crypto community members pointed out that Base has funneled sequencer fees to Coinbase, sparking concerns about transparency and potential ETH sales. However, Base strategist Kabir Sadarangani refuted these claims, asserting that the accusations of a lack of transparency and potential ETH sales were unfounded. The allegations On Feb. 8, Santisa, the CIO of investment firm Lucidity Cap, raised the alarm that Base has been sending all sequencer fees to Coinbase since its launch. He added: “We don’t know if they sold, but we do…
Cryptocurrency stocks are showing modest increases, signaling a positive start to the day for digital asset-related equities. Among the top performers, Coinbase ($COIN) leads with a gain of 0.82%, followed closely by MicroStrategy ($MSTR) at 0.78%. Marathon Digital Holdings ($MARA) and Riot Platforms ($RIOT) also saw slight upward movements of 1.01% and 0.78%, respectively. These modest gains come amid a mixed session for major technology stocks, highlighting the distinct performance patterns between the two sectors. Crypto stocks are slightly up in pre-market trading$COIN +0.82%$MSTR +0.78%$MARA +1.01%$RIOT +0.78%$DJT (Trump Media) -0.59%Meanwhile, major tech stocks had a mixed session:$MSFT +0.13% | $META…