Author: NBTC
Cardano (ADA) founder Charles Hoskinson has announced the integration of Bitcoin (BTC) into the Lace wallet. In an update on X, Hoskinson received the leading digital currency with two sentences: “You can now use Bitcoin with Lace. Welcome home, Bitcoin.” Lace: Strengthening Cardano’s multichain vision Notably, Lace is a crypto wallet developed by IOHK, one of the entities behind Cardano. The latest version of Lace 1.22 introduces Bitcoin Beta support, which means users can now store and manage their BTC directly in the Lace wallet. This development was not possible before and is considered a major boost to the Cardano…
Ethereum price started a fresh increase above the $1,800 zone. ETH is now correcting gains and trading below the $1,820 support zone. Ethereum remained strong above $1,750 and started a fresh increase The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $1,835 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,840 resistance zone. Ethereum Price Dips Ethereum price remained supported above the $1,750 zone and started another increase, like Bitcoin. ETH climbed above…
This is a segment from the Empire newsletter. To read full editions, subscribe. This morning’s Empire podcast was all things BlackRock. Empire co-host Jason Yanowitz chatted with BlackRock’s Samara Cohen. There’s a lot of insight to be gleaned from Cohen, who’s a powerhouse in her own right, and she certainly delivered. It’s no secret at this point that bitcoin’s not really acting the way some folks think it should — that is, being a safe haven like gold during market downturns. “This is an important moment to play out in terms of how Bitcoin’s price performance does show up. I…
Ethereum (ETH) price may be entering the early stages of a new bullish phase. Both market analysts and on-chain data indicators reveal technical behavioral trends that support a renewed phase of strength for ETH price. The monthly RSI created a new support level by touching a historical zone. Long-term holders also performed substantial withdrawals of ETH from centralized exchanges. The RSI Retest Signals Historical Rally Setup for Ethereum (ETH) Price When writing, the Relative Strength Index (RSI) was currently positioned in a zone that previously preceded major Ethereum rallies. According to market analyst cas_abbe, ETH’s monthly RSI has returned to…
TL;DR Nexus Mutual launches an insurance product to protect against slashing penalties in Babylon’s Bitcoin staking network. The insurance is designed to mitigate risks associated with the slashing system, offering greater stability and confidence for users. The Babylon network, which uses a PoS model backed by Bitcoin, continues expanding with the deployment of its “Genesis” mainnet. Nexus Mutual, a crypto ecosystem insurance provider, has announced the development of a new product designed to protect users from slashing penalties within Babylon’s Bitcoin staking network. This new product aims to offer a higher level of security for both individuals and institutions participating…
Crypto traders aiming to profit from a volatility surge should watch the Binance-listed ether-bitcoin (ETH/BTC) ratio, which could soon experience wild swings, according to a key indicator called Bollinger Bands. Bollinger Bands are volatility bands placed two standard deviations above and below the 20-day simple moving average of an asset’s price. The so-called Bollinger band squeeze occurs when the bands contract tightly around the price, suggesting low volatility and a period of consolidation. The market typically builds energy during the squeeze, which is eventually released in either direction, leading to a volatility explosion. The Bollinger Bands on the ETH-BTC chart…
Bitcoin (BTC) has returned to positive territory, approaching $95,000 and erasing nearly two months of losses, as the cryptocurrency continues to align more closely with gold amid heightened economic uncertainty. Bitcoin Paints Positive Outlook for 2025 as It Moves Towards a “Digital Gold” Narrative Bitcoin, which fell as much as 18% earlier in the year, has gained about 1.5% since Dec. 31. Its performance ranks between gold, which has gained 24% since the beginning of the year, and the Nasdaq 100, which has lost more than 7%. As a result, Bitcoin’s perception is shifting slightly away from being a speculative…
Crypto market analytics platform CryptoQuant has highlighted a trend among Ethereum (ETH) holders in the last few weeks. These investors refuse to sell their ETH holdings, even with the shortfall in the price of the second-largest cryptocurrency by market capitalization. Ethereum holders endure price plunge In a Monday X post, CryptoQuant reported that some holders strongly believe in Ethereum. Investors have proven by their actions that they are optimistic about the project and its ecosystem. Analyst Carmelo Aleman cited how long-term holders of ETH have calmly endured a consistent price drop from $4,107 in December 2024. However, the market took…
Governments worldwide now hold more than 463,741 BTC, representing approximately 2.3% of Bitcoin’s total supply. The figure, reported by CoinGecko marks a decrease from 529,591 BTC reported in July 2024. While some nations have liquidated portions of their reserves, others, such as El Salvador and Bhutan, are actively expanding their holdings. U.S. Remains Top Bitcoin Holder With New “Digital Fort Knox” Initiative Notably, the report highlighted the U.S. government as the largest holder of Bitcoin, with approximately 198,012 BTC valued at around $18.3 billion. This figure is lower than the previous year as the U.S. government has liquidated some of…
With Ethereum back above $1,800, upcoming network upgrades and increased whale activity hint at a bullish reversal toward $2,000. As Bitcoin struggles near the $94,000 mark, Ethereum continues to trend sideways above the $1,750 level. However, short-term pullbacks in the broader market have triggered quick corrections toward the lower boundary. Currently, Ethereum is trading at $1,819, reflecting a decline of around 1.5% over the past 24 hours. As ETH holds its ground amid market volatility, could a bounce back to the $2,000 mark be on the horizon? Ethereum Price Analysis On the 4-hour chart, Ethereum’s price action shows a bullish…