Author: NBTC

Ethereum continues to show strength, currently trading around $4,670 as it edges closer to the midline of its ascending channel. The market has maintained a steady recovery since late September, but signs of local exhaustion are beginning to appear, suggesting a potential short-term pullback before another push higher. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH remains firmly within its rising channel structure, supported by the 100-day moving average near $3,900 and the 200-day around $3,000. The price is approaching the $4,800 resistance zone, a key level that has repeatedly capped rallies over the past couple…

Key Takeaways T-Rex’s 2X BitMine ETF (BMNU) recorded $32 million in trading volume on its first day, making it the third-best ETF launch of 2025. BMNU offers investors 2X leveraged daily exposure to BitMine’s stock performance, appealing to those seeking amplified returns tied to cryptocurrency-related firms. T-Rex launched its 2X BitMine ETF (BMNU) today, generating $32 million in first-day trading volume and ranking as the third-best ETF debut of 2025, according to Bloomberg ETF analyst Eric Balchunas. The fund provides 2x daily leveraged exposure to BitMine Immersion Technologies (BMNR), which holds 2.4 million ETH valued at $9.6 billion. The product…

The second-largest cryptocurrency experienced a 12% price surge over the past week, reaching around $4,700. The question now is whether it can continue its positive performance throughout the ongoing month and tap a new record valuation. The Odds are Looking Good Many analysts are confident that Ethereum could break past its previous all-time high of almost $5,000 as early as this October. To add an interesting twist to the discussion, we consulted three leading AI-powered chatbots for their forecasts and interpretations. ChatGPT claimed ETH has a realistic chance to do so. It noted that Grayscale recently launched the first Ether…

US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data. Meanwhile, the price of Ether fell 10.25% over the past seven days, trading at $4,013 at the time of publication, according to CoinMarketCap data. Ether’s price is down 12.24% over the past 30 days. Source: CoinMarketCap The last time spot Ether ETFs recorded five consecutive days of outflows was the…

Afghanistan’s recent nationwide internet outage has underscored a critical weakness in the world’s leading decentralized blockchains — their dependence on centralized internet providers that remain vulnerable to government intervention and technical failures. The country suffered a near-total internet shutdown that lasted about 48 hours before connectivity was restored on Oct. 1, Reuters reported. The disruption was reportedly ordered by the Taliban administration, though officials later blamed “technical issues” involving fiber optic cables. While blockchains aim to provide people with a public, censorship-resistant network for value transfers, their reliance on centralized internet providers makes these use cases challenging during internet outages.…

Ethereum (ETH) has been approaching a new all-time high recently, with some analysts predicting that the price could rise above $5,000. Javier Rodriguez-Alarcón, Chief Investment Officer of digital asset investment firm XBTO, said this rise will depend on continued institutional demand, progress on the upcoming “Fusaka” upgrade, and supportive macroeconomic conditions. “Ethereum’s path to $5,000 will depend on a combination of continued institutional demand, increased scalability from the upgrade, and favorable macro conditions,” Rodriguez-Alarcón said in a statement. “Spot Ethereum ETFs saw more than $1.3 billion inflows last week alone, demonstrating a renewed strong belief from institutional investors.” According to…

The odds of a U.S. government shutdown have reached an all-time high on Polymarket, at 82% that lawmakers will fail to pass the necessary funding by the October deadline. As bipartisan talks stall and key meetings are canceled by President Trump, both parties appear unwilling to budge. The stalemate is turning up the risk of prolonged disruption across government services. What a U.S. government shutdown means If a U.S. government shutdown occurs, it will immediately halt salaries for hundreds of thousands of federal employees. It will delay procedures like passport processing, disrupt national parks, and potentially impact social programs like…

In answer to Wall Street bank lobbying, crypto group Stand With Crypto said it enlisted its online members to send a message more than 250,000 times to the U.S. senators in their states, pushing back on the bankers’ attempt to stymie the avenue for stablecoin rewards in the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The letter crafted by Stand With Crypto — a U.S. pro-crypto member organization initially established by Coinbase — urges lawmakers to ignore the banking advocates who launched an August effort to rewrite the law to completely shutter stablecoin issuers’ ability to offer…

America.Fun, a new multi-purpose ecosystem built on the Solana blockchain, officially launches today as the “Special Projects” arm of the Bonk, World Liberty Financial (WLFI) and Raydium partnership. The project arrives with a clear mandate: accelerate adoption of USD1, WLFI’s stablecoin, and seed a broader ecosystem of decentralized, America-aligned initiatives that combine liquidity, culture and community. Backed by Ogle, the pseudonymous founder of the Glue blockchain and an advisor to World Liberty Financial, America.Fun positions itself as more than a token hub. Its first product is a semi-curated token launchpad intended to give projects that integrate or build around USD1…

What to Know 1inch unlocks tokenized RWAs with the Swap API upgrade and now supports real-world assets like bonds and treasuries, making them as easy to trade as crypto. Barter, THORWallet, OKX Wallet, and Trust Wallet all joined 1inch’s growing DeFi ecosystem. 1inch joined the Blockchain Association, gaining a voice in shaping future crypto regulations. 1inch just had one of its biggest months yet. The project announced today, that September was HUGE for 1inch and it’s easy to see why. From supporting tokenized RWAs to welcoming new partners and integrations, 1inch is setting the stage for a more connected and…