Author: NBTC
Ethereum (ETH) is under pressure once again, dropping around 3% in the last 24 hours and falling below the $1,800 level. This decline is putting several large leveraged positions at risk, including two massive whale vaults on Maker that collectively hold over $235 million worth of ETH. With on-chain indicators flashing warning signs and technical levels being tested, the stakes are rising for both bulls and bears. As ETH hovers near critical support, the coming days could prove pivotal for its short-term price trajectory. Ethereum Whales Could Get Liquidated Ethereum has dropped around 3% in the past 24 hours, slipping…
DWF Labs managing partner says the firm is ready to step in to help crypto projects that suffered a ‘weird dump’ on Binance. Andrei Grachev, managing partner at leading digital assets market maker DWF Labs, has said the firm is ready to help crypto projects impacted by the sudden market dump on Binance. Multiple altcoins experienced a major price upheaval on April 1, 2025 on the crypto exchange Binance. These included a dump for Solana-based memecoin Act 1: The AI Prophecy, DeXe (DEXE) and Kava. dForce, HIPPO, BANANAS31, LUMIA, and TST also dipped sharply, with these tokens recording losses of…
According to blockchain analytics firm Glassnode, Bitcoin’s latest market cycle is exhibiting “atypical” characteristics. The firm highlights that Bitcoin (BTC) has matured into a global asset with deep liquidity, allowing investors to trade at all hours, even when traditional markets are closed. This accessibility has positioned Bitcoin uniquely in the financial arena, especially during macroeconomic uncertainty. Bitcoin’s Increasing Global Influence According to Glassnode, Bitcoin has become a store of value and a medium of exchange. It cites a net capital inflow exceeding $850 billion and a daily economic volume of nearly $9 billion. Further, nation-states such as Bhutan and El…
Tether today made a significant activity in the digital asset market. According to data shared by crypto analyst Whale Alert, Tether Treasury minted $1 billion USDT on TRON Network. This strategic move highlights Tether’s innovative approach to managing liquidity efficiently within the cryptocurrency market. Tether adds USDT to the TRON Network Today, on-chain metrics shared by Whale Alert disclosed that Tether Treasury minted $1 billion USDT on TRON Network. This development is a crucial move that is set to massively increase the supply of the USDT stablecoin, which is commonly utilized for cryptocurrency transactions and trading. 💵 💵 💵 💵…
Ethereum (ETH) is still a leader in decentralized finance (DeFi) and smart contract applications, but it’s at a crossroads. The community has questioned Ethereum’s relevance in the shifting crypto industry, putting the altcoin’s future under intense scrutiny. Mainstream narratives paint a dark picture of Ethereum’s developer exodus and underperformance. Is Ethereum Getting Left Behind? Critics reflect how Bitcoin’s ideological and political dominance, particularly after President Donald Trump’s pro-crypto stance, overshadowed Ethereum’s early promise of a global, decentralized computer. Ethereum’s price downturn — down 44% in 2025 — is being driven by the exodus of developers, and network activity dropping 17% last year.…
According to the latest developments, the first official statement came from Binance today about the huge and sudden drop that occurred first in futures and then in the spot market on the cryptocurrency exchange Binance, especially concerning the Act I: The AI Prophecy (ACT) token. The stock exchange made the following statement: The declines in ACT prices have led to some users liquidating their futures positions and other low-market tokens also seeing declines. We are currently conducting further investigations into the causes of the declines in other tokens. So far, we have not identified any accounts that have profited significantly…
BlackRock is poised to expand its crypto product line with the launch of a Bitcoin ETP in Europe, capitalizing on the runaway success of its US-listed spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), according to a Wednesday report from Bloomberg, citing sources with knowledge of the matter who requested anonymity due to the confidential nature of the plans. Projected to be based in Switzerland, the planned fund would be BlackRock’s first crypto ETP in the European market. The world’s leading asset manager, which previously focused on North America, launched the IBIT fund and subsequently introduced its iShares Bitcoin ETF…
Ethereum (ETH), the second largest cryptocurrency by market capitalization, might be on the verge of a potentially significant shift, as analysts closely monitor the Market Value to Realized Value (MVRV) Ratio. According to crypto analyst Ali, a key crossover could signal an accumulation phase for ETH. In a tweet, Ali highlighted the significance of the MVRV Ratio, stating, “Watch the MVRV Ratio closely. A crossover above its 160-day MA has historically signaled strong Ethereum ETH accumulation zones.” Watch the MVRV Ratio closely. A crossover above its 160-day MA has historically signaled strong #Ethereum $ETH accumulation zones. pic.twitter.com/Oz06q41EsL — Ali (@ali_charts)…
Shoppers in Singapore can now use crypto to pay for gadgets on the Sony Store Online. In a statement on Tuesday, Sony Electronics Singapore said it has enabled USDC payments through crypto exchange Crypto.com’s payment service, marking the company’s first local move into direct crypto transactions. The feature allows customers to check out using USDC, a stablecoin pegged to the U.S. dollar. It’s currently exclusive to the Sony Store Online and available only via Crypto.com’s payment system. With $60.06 billion in circulation, USDC is the second-most prominent stablecoin, following Tether’s USDT at $144.02 billion, per CoinGecko. Circle, the company behind…
Bitcoin (BTC) and altcoins have been caught in sharp market swings following a steep crash earlier this week, driven by President Donald Trump’s tariff order. BTC briefly reclaimed $100,000, but the momentum quickly faded, pulling the price back to $98,000. Despite the setback, analysts see a bullish pattern forming, hinting at a potential breakout ahead. Technical pattern signals a potential surge In an analysis by Trader Tardigrade, Bitcoin’s price action has formed a bullish pennant on the two-day chart, suggesting a continuation of the strong uptrend. This technical formation, characterized by a consolidation phase following a sharp price rally, is…