Author: NBTC

Ethereum price drops 4% as short-term traders lock profits and trigger capital outflows. Over 70% leveraged long positions leave Ethereum vulnerable to sudden liquidations and deeper corrections. Ethereum support lies between $4,250–$4,400; rebound could spark rally toward $6,650 upside target. Ethereum, the world’s second-largest cryptocurrency, has entered a cooling phase after weeks of strong performance. ETH is currently trading near $4,487, slipping around 4% in the past 24 hours. While the long-term picture for Ethereum looks promising, recent weakness shows that traders are taking a step back, raising the question—why is ETH falling now? Short-Term Selling Pressure Led To Failed…

The crypto treasury narrative, which has become a major feature of the current market cycle, parallels investor sentiment from the dotcom era of the late 1990s and early 2000s, which caused the stock market to sink by about 80%, according to Ray Youssef, founder of peer-to-peer lending platform NoOnes app. The same overzealous investor psychology that led to over-investment in early internet and tech companies during the dotcom crash has not disappeared due to the presence of financial institutions in crypto, Youssef told Cointelegraph. He said: “Dotcoms were an innovative phenomenon of the emerging IT market, alongside major companies with…

Surging optimism around U.S. crypto rules is igniting industry momentum, as Coinbase CEO Brian Armstrong signals 2025 could deliver long-awaited clarity, stability, and investor confidence. Regulatory Game-Changer? Armstrong Hints at Crypto Rules That Flip the Map Growing optimism over the direction of cryptocurrency regulation in the United States is reshaping industry sentiment, with one of its most prominent executives expressing confidence in imminent policy clarity. Crypto exchange Coinbase (Nasdaq: COIN) CEO Brian Armstrong shared on social media platform X earlier this week that constructive progress is underway toward defining digital asset rules. Armstrong wrote: Feeling very bullish on regulatory progress…

Sorare, a blockchain-based fantasy sports game where fans can collect NFT player cards, is once again changing its home, this time migrating from StarkEx to Layer 1 chain Solana. In an announcement on Oct. 8, Sorare described the migration from StarkEx, an Ethereum Layer 2 scaling solution, as “more than a technical upgrade,” calling it a “step forward in our vision to become the most open and flexible platform for digital sports collectibles.” In its FAQ section for the migration, Sorare explained that it’s moving to Solana to connect Sorare cards “to a broader ecosystem,” including the ability to manage…

Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin believes Ethereum treasury companies could provide outsized returns on yield and investment opportunities to their Bitcoin counterparts. Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury movement popularized by Saylor’s Strategy Bitcoin play. “I’d much rather have something that potentially has more impact. It certainly is as solid as Bitcoin, and I would argue more solid because of the functionality and the organic demand for it to pay for transactions and…

Crypto startups secured close to $380 million across 17 deals in the week of Sept. 21–27, led by Fnality’s $136 million Series C and Zerohash’s $104 million Series D. Strategic raises and early-stage funding rounds, compiled using Crypto Fundraising‘s database, are adding to the total despite broader market caution. Summary Crypto startups raised $378M this week across 17 deals despite market caution Fnality led with $136M Series C; Zerohash followed with $104M Series D raise RedotPay hit $47M strategic funding; multiple seed deals boosted the total Here’s a detailed breakdown of this week’s crypto funding activity: Fnality International Raised $136…

U.S. Senator Cynthia Lummis is pushing to eliminate taxes on small Bitcoin transactions, a move aimed at reshaping how the Internal Revenue Service (IRS) treats everyday crypto spending. Currently, the IRS classifies cryptocurrency as property, meaning each transaction, no matter how small, could trigger a capital gains report. This has long been viewed as a barrier to using Bitcoin for daily purchases. Lummis’s proposal aims to simplify this process and promote broader cryptocurrency adoption. As she finalizes her plans, analysts advise investors to monitor new legislative developments, particularly regarding the de minimis exemption threshold, inflation adjustments, and the timeline for…

Binance founder and former CEO Changpeng Zhao (CZ) made important assessments about the future of the cryptocurrency industry in the Threadguy podcast broadcast he attended today. CZ said during a livestream, “The cryptocurrency industry won’t always be a smooth ride. Even strong founders, strong projects, and strong communities will face challenges from time to time. However, as long as the industry continues to do the right thing and build together, there are many different areas for deep development. This industry will continue to grow thanks to developers.” Zhao also touched on the importance of blockchain technology, saying, “Blockchain is a…

Summary ETH price trades near $4,490, consolidating between key support at $4,450 and resistance at $4,600 after a rally driven by ETF optimism. On-chain metrics remain strong, with rising staking, DeFi activity, and capital rotation back into Ethereum from altcoins. Bullish scenario: A breakout above $4,600 could trigger a move toward $4,800–$5,200, supported by ETF inflows and the upcoming Fusaka upgrade. Bearish risk: A drop below $4,450 may lead to liquidations, sending ETH down to $4,200 or lower. Outlook: The Ethereum price prediction stays cautiously bullish while $4,450 holds as key support. After a quick rally on ETF optimism, ETH…

The third quarter is turning out to be a tough period for companies that followed in the footsteps of Michael Saylor’s Strategy (previously known as MicroStrategy). The stock prices of these companies are slipping as their total share value dip below the worth of their crypto holdings. Several digital asset treasuries, or DATs, began buying back their own stocks. FT reporter Nikou Asgari says this may be a sign of imminent collapse. Summary The stock prices of several Strategy copycats peaked shortly after the announcement of the cryptocurrency pivot. Now they have to borrow up to $250 million to repurchase…