Author: NBTC

Ethereum has moved back above a key technical level against Bitcoin — the 50-week exponential moving average (EMA), which has marked the start of previous rallies. At press time, ETH is priced at $3,530 with a 24-hour trading volume of nearly $38 billion. It has gained 2% in the past day and 5% over the last week. ETH/BTC Moves Above Key Weekly Average Ethereum’s strength against Bitcoin is being watched after reclaiming the 50-week EMA. In past cycles, this signal has marked the early stages of ETH bull markets. The same pattern appeared in early 2021 before Ethereum’s rally to…

The past week in crypto felt like a decade compressed into a few days. From Dubai’s architectural ode to digital assets and the return of Bitcoin maximalist bravado, to Stripe’s $5 billion blockchain reveal — all against the backdrop of a post-crash reckoning for exchanges — the ecosystem is once again showing its extremes: innovation, conviction, and chaos.—Dubai Goes Vertical With “Crypto Tower”Bitcoin historian Pete Rizzo lit up X with news that Dubai will build a skyscraper named “Crypto Tower.”A move equal parts symbolism and strategy, the project cements the UAE’s ambition to become the capital of digital finance. The…

Bitcoin (BTC) price fell to the $98,000 level following a 3% pullback in the last 24 hours, while on-chain whale activity attracted attention in the market. Especially large ETH positions, high leverage long trades, and large BTC transfers have entered the radar of cryptocurrency users. As the market fell, one of the addresses known as the “big unknown whale” reopened a long position on ETH with 25x leverage. The whale’s total position size across his two wallets reached 14,635 ETH, with a current value of approximately $49.3 million. Before starting the new trade, the whale made a quick scalp trade…

Reddit (NYSE: RDDT) is surging higher, climbing 6% to $206 as of early trading on October 20. Indeed, this surge comes at a time when RDDT stock has faced volatility, dropping 20% over the past month. Year-to-date, however, the social media giant remains up 24%. The rally comes after investment firm Raymond James raised its Reddit stock price target to $250 from $225, while maintaining a ‘Strong Buy’ rating. Notably, Raymond James analyst Josh Beck, highlighted a stronger outlook for Reddit’s advertising revenue driven by improvements in monetization metrics and the company’s growing potential in AI-powered search. Beck’s updated bottom-up…

Citi is taking its blockchain-based payment system global. The bank has added Euro transactions and established a new operational hub in Dublin, broadening the reach of its Citi Token Services (CTS) platform beyond the US dollar and into Europe’s core financial markets. Euro Integration Marks Next Phase of 24/7 Payments According to the company, the addition of Euro transfers allows its corporate and institutional clients to send funds around the clock, regardless of time zone or banking hours. The service, already live in the US, UK, Singapore, and Hong Kong, connects directly to Citi’s branches on the CTS network, enabling…

Crypto is sliding once more, with Bitcoin diving below the $100,000 level on Thursday. The consistent and ranging price action of the largest crypto asset is also creating a strain on other major peers, like Ethereum and Solana.  That’s led to more bearish predictions from users of Myriad’s prediction markets over the course of the last week, once more leading to more dramatic odds shifts as uncertainty permeates the market.  Here’s a look at some of the most interesting moves from the past week.  (Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.) Gold versus ETH: Which hits…

After shaking up the markets with new trade measures against China, which will take effect on November 1, US President Donald Trump made new statements today that will reduce tensions. Trump said, “I think we will make a strong trade agreement with China,” adding, “We will have a meeting with Xi in South Korea, and we will also discuss the Taiwan issue.” President Trump also stated that China has paid a lot of money through tariffs imposed on the United States and that “China has been treating the United States with respect.” President Trump also argued that the economic pressure…

Binance has officially announced the listing of Janction’s native token, JCT. On its Binance Alpha and Futures platforms, with trading set to begin on November 10. The move marks a major milestone for Janction, a project deeply connected to Japan’s Jasmy ecosystem. It is known for merging blockchain with Internet of Things (IoT) technologies. JCT Launches on Binance Alpha and Futures According to Binance’s announcement, JCT trading will go live at 10:00 UTC on November 10. Followed by the JCTUSDT perpetual contract at 10:30 UTC. It is offering up to 40x leverage. Binance becomes the first exchange to feature Janction…

Solana Company (HSDT), the digital asset treasury firm formerly known as Helius Medical Technologies and backed by Pantera Capital, has moved ahead with unlocking shares for early investors in its $500 million PIPE round as the company’s stock trades below the initial purchase price. The shares, sold in a private placement in September at $6.881 each, has become eligible for sale earlier than scheduled, the firm said in a Monday press release. HSDT shares have tumbled to around $6.50 following a steep three-session decline that wiped nearly 60% from its market value, including a 17% drop on Monday. “‘Ripping off…

The White Whale has withdrawn his offer to serve as an unpaid advisor to MEXC and cited continued user fund seizures and deceptive transparency practices. Summary White Whale declined MEXC advisory role, citing deceptive transparency practices. He called the exchange’s Proof of Reserves “meaningless” without liability audits. MEXC seized user funds and erased transaction history, sparking public criticism. The crypto trader posted a lengthy explanation on X detailing why he no longer believes the exchange is sincere about reform. The withdrawal comes after The White Whale requested a mutual NDA from MEXC behind the scenes. He rejected the exchange’s “non-disparagement”…