Author: NBTC

A popular crypto analyst thinks Ethereum (ETH) will have to endure some “pain” before rebounding. In a new YouTube video, Benjamin Cowen tells his 886,000 subscribers that there probably needs to be a change in monetary policy in order for ETH’s chart against Bitcoin (BTC) to bottom. “But in order to have a change in monetary policy, you have to have pain. Welcome to the pain. This is the pain that you ultimately need. Remember last cycle [in 2019], ETH/Bitcoin bottomed after ETH/USD broke support.” Cowen notes that ETH fell below its support level against the US dollar in 2019…

The investor lost $1.8M in just four days as $BROCCOLI’s price dropped 34.4% from its peak. A whale transferred 40.75M $BROCCOLI tokens valued at $3.44M to Gate.io thereby causing market unease. The case shows the unexpected nature of digital assets together with the high financial risks which occur when investing in volatile markets. A large holder of $BROCCOLI, known by the wallet address “0x810C,” has experienced a dramatic loss in a short time period, shedding approximately $1.8 million in just four days. This sizable drop has caught the attention of cryptocurrency enthusiasts and analysts, highlighting the volatile nature of digital…

The United States authorities have docked crypto influencer Thomas John Sfraga for 45 months for wire fraud. According to an announcement by the United States Department of Justice (DOJ), the crypto influencer TJ Stone committed wire fraud, scamming investors out of more than $1.3 million. In the announcement, the DOJ mentioned that Sfraga, who had already pleaded guilty in May 2024, was sentenced in the Eastern District of New York. According to the authorities, TJ Stone lied to investors, posing as the owner of multiple businesses, including Vandelay Contracting Corp, a name he got from the sitcom Seinfeld. Authorities also…

In recent mid-term performance, BTC is outdoing ETH in the market despite the fact that 67% of the ETH holders are still in profit. Bitcoin is more decentralized as its large holders own only 11 percent of the total supply. On the other hand, ETH has a more concentrated supply, and the large owners hold 54% percent supply. Though it feels like ETH does not have a strong standing, yet the holders have an identical grip over BTC and ETH. Comparison of BTC and ETHIn the current bull market, $BTC is outperforming $ETH. However, even at the current price levels,…

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a severe downturn, marking what could be its worst quarter in history. It comes amid a broader market lull, although for Ethereum, the outlook is concerning as the largest altcoin by market cap metrics continues to underperform. Analysts Probe Ethereum Price Performance Ethereum lost more than 44% of its value in the first quarter (Q1). Data also shows record levels of active selling over the past three months. CryptoQuant CEO Ki Young Ju ascribes this to an unprecedented wave of sell-offs. Ethereum faces record selling. Source: CryptoQuant CEO on…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Grayscale Investments has historically had a four-stage lifecycle for its products. A recent Cardano ETF filing signals that could be changing as regulatory winds shift. The company typically first goes with private placement launches for accredited investors (like the Dogecoin Trust it launched a couple weeks ago). Step two is obtaining public quotations for unrestricted shares of those private placements. Grayscale then makes its products SEC-reporting companies, subjecting them to more disclosure and regulatory oversight. Finally, it looks to uplist its products to an ETF when…

Newly elected Canadian Prime Minister Mark Carney, who recently won a leadership contest of the Liberal Party to replace Justin Trudeau, has dramatically increased his odds of winning the next federal election in the eyes of Polymarket bettors. Carney now has a 49% chance of winning the next Canadian election, compared to 26% a month ago. Conservative opposition leader Pierre Poilievre’s chances are at 51%, down from 72% in February. The next Canadian federal election is scheduled to occur on October 20, 2025. However, under Canada’s Westminster system, if the opposition Conservatives and NDP jointly vote against the minority Liberal…

A recent analytical report reveals that institutional exposure to the pioneering cryptocurrency Bitcoin saw notable upticks in the fourth quarter of 2024. Bitcoin is becoming an asset class of choice among institutional investors. Its historical performance and reputation against inflation have been primary lures to the largest cryptocurrency by market cap. The approval of the US Bitcoin spot exchange-traded funds (ETFs) last year has made buying the asset easier for traditional retail and institutional investors. Notably, the Bitcoin products have continued to gain traction, recording a cumulative net inflow of $40 billion as of today. Meanwhile, a recent report shows…

Ethereum (ETH) is giving investors a serious case of whiplash. After a 13.40% drop in the past week, and with the trading volume in the last 24 hours standing at $17.64 billion, the market is clearly on edge. Analysts are watching price patterns, technical indicators, and liquidation trends to figure out Ethereum’s next potential move. By the way, ETH trades at $1,893.17 as of press time. Mixed Signals: Falling Wedge vs. Bearish Outlook According to Daan Crypto Trades, Ethereum has been consolidating following a substantial market downturn. He points to a falling wedge pattern as a possible sign of a…

BabyDoge (BABYDOGE) emerged in June 2021 as a community-driven cryptocurrency, making it one of the first major memecoins to burst onto the scene. While it draws inspiration from Dogecoin, BabyDoge sets itself apart through a unique combination of elements rarely seen in the memecoin space: innovative tokenomics on the BNB Smart Chain (BSC), genuine utility through real-world applications, and a commitment on animal welfare. Unlike many meme tokens that rely solely on humor and speculation, BabyDoge has successfully merged the playful aspects of meme culture with practical cryptocurrency innovations and tangible social impact. Meme to Mainstream: The BabyDoge Journey The…