Author: NBTC
Today’s data from Phoenix Group revealed the growth of the overall trading volume of the top 9 crypto centralized exchanges. The data identified that the total trading volume for the 58 active centralized exchanges (CEXs) over the past week reached $320.19 billion. TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Binance #MEXC #GateIo #Bitget #OKX #HTX #Bybit #Cryptocom #Coinbase pic.twitter.com/0bpgT9vLxX — PHOENIX – Crypto News & Analytics (@pnxgrp) May 20, 2025 Binance retained its lead As reported by the data, Binance maintained its status as the market leader. Over the past week, the centralized exchange recorded a trading volume of $90.4…
According to a top crypto pundit, the price of Bitcoin could surge to insanely high levels that holding a full unit of the asset would become unbelievable. Notably, this daring comment comes a few months after the price of the pioneering cryptocurrency reached a new milestone above six figures. Specifically, BTC attained a new all-time high of $109,300 in January, a remarkable milestone considering the asset was once under $1. Interestingly, Bitcoin’s current price already makes it difficult for an average-income individual to hold a whole unit. It currently trades at $94,533, trouncing the national average salary of $66,622 this…
French real estate firm Entreparticuliers saw its shares climb 800% amid news of a strategic move to accumulate Ethereum. Shares of French public real estate platform Entreparticuliers jumped over 800% in the past week after the company revealed it’s turning into an Ethereum Treasury Company. The stock soared over 800% in just five days amid the announcement, boosting the company’s market value to around €23.44 million (about $25.78 million), up from roughly $1.35 million in January, an increase of more than 1,800%, per data from Google Finance. In a Monday press release, the company informed the market that it has…
Solana-focused public company DeFi Development Corp has announced a strategic partnership with memecoin BONK, which is part of the Solana ecosystem. With the news of the partnership, the company’s stock price reached new highs. Just before this development, the company purchased an additional 16,447 SOLs for approximately $2.3 million, bringing its total SOL holdings to 609,190. The total value of these assets reached approximately $107 million. According to the company, DeFi Development Corp and BONK will jointly run a validator node. The parties will jointly increase the stake in the node and share the rewards. This partnership is the first…
Coinbase has reportedly limited the number of class action lawsuits that can be brought against it, just one day after disclosing a major data breach that is now under investigation by the US government. As detailed by crypto journalist Molly White, the new agreement, announced on April 12, stipulates that as of May 15, no state other than New York can hold jurisdiction over a lawsuit unless the case involves arbitration, a.k.a. resolution outside of court. It also waives the rights of the user — and Coinbase itself — to a jury trial and prevents users from participating in, or…
Upbit, one of the largest cryptocurrency exchanges in South Korea, is adding a new digital asset listing. The exchange announced that it will support its Layer 1 blockchain project MANTRA (OM) with KRW (Korean Won), BTC and USDT trading pairs. Trading support will begin on May 21 at 15:00. Upbit Announces New Trading Pairs for MANTRA (OM): Support Begins in KRW, BTC, and USDT Markets According to the statement made by Upbit, both deposits and withdrawals for MANTRA (OM) will be activated within two hours after the official announcement. Temporary Transaction Restrictions As with new asset listings, some temporary trading…
Bitcoin price hovers around $95,00 on Monday after falling nearly 3% over the weekend. President Trump acknowledged a possible recession but aims to announce at least one trade deal this week, the Wall Street Journal reports. On-chain data shows that BTC holders are realizing profits, increasing the downward pressure on price. Bitcoin (BTC) price is hovering around $95,000 at the time of writing on Monday after facing a pullback of nearly 3% over the weekend. US President Donald Trump acknowledged a possible recession but aims to announce at least one trade deal this week, the Wall Street Journal reports. On-chain…
Ethereum is currently testing a decisive resistance region near the 200-day moving average at $2.5K, which has triggered a consolidation phase. While a deeper short-term correction remains possible due to prevailing supply and overbought conditions, market structure and momentum suggest a potential bullish breakout in the mid-term. Technical Analysis By ShayanMarkets The Daily Chart ETH’s recent bullish momentum has pushed the price toward the critical $2.5K resistance zone, which aligns with the 200-day moving average—a historically significant level of supply and market reaction. Upon testing this confluence of resistance, Ethereum has lost its upward momentum, entering a temporary consolidation phase.…
Disclaimer: The analyst who wrote this report owns shares of Strategy (MSTR). Strategy’s (MSTR) perpetual preferred stock, STRK, achieved the largest proceeds from its weekly at-the-market (ATM) issuance since the program started in February, according to X account DogCandles, raising $59.7 million that was used to buy more bitcoin BTC$105,117.34 , according to a Monday SEC filing. That amount corresponds to the issuance of approximately 621,555 STRK shares. Strategy has about $20.79 billion still available in the STRK ATM facility. The company led by Executive Chairman Michael Saylor is plowing ahead with its bitcoin-buying strategy even as the price of…
Bitcoin’s breakout above the $105,000 mark earlier this week triggered a fresh wave of whale accumulation across the crypto market. On-chain data shows that several altcoins are drawing significant interest from large holders. Among the standout picks in the third week of May 2025 are Ondo (ONDO), Render (RENDER), and Optimism (OP). ONDO This week, real-world asset (RWA) token ONDO has seen increased whale attention. According to Santiment, whale addresses that hold between 10,000 and 100,000 tokens have collectively acquired 2.63 million ONDO over the past seven days. ONDO Supply Distribution. Source: Santiment Currently, this cohort of ONDO whales holds…