Author: NBTC

TL;DR ETH’s recent consolidation might be followed by a major price swing in either direction. Some X analysts compare ETH’s cycle to BTC’s 2020–2021 rally, projecting targets between $8,000 and $10,000 in the coming months. Meanwhile, exchange reserves hit a nine-year low of approximately 17.1 million tokens, signaling reduced sell pressure. The Calm Before the Storm? While Ethereum (ETH) has been trading in a tight range between $4,300 and $4,500 in the past week, the technical analysis tool Bollinger Bands suggests that a major price move could be just around the corner. The metric, developed by John Bollinger in the…

Alexandra Wilson-Elizondo, co-head of multi-asset solutions at Goldman Sachs Asset Management, shared her expectations for the Fed meeting in an interview with CNBC. Wilson-Elizondo said the Fed expects a 25 basis point rate cut at its meeting tomorrow. However, he noted that Chairman Jerome Powell is likely to deliver hawkish messages at the press conference. “The most important points will be Powell’s statements, the forward-looking interest rate path, and especially the differences in voting within the Fed,” he said. Wilson-Elizondo, noting that inflation is still far from the Fed’s 2% target, said, “While inflation has improved structurally, it is still…

The chief executive of Praetorian Group International, Ramil Ventura Palafox, pleaded guilty in Virginia this week to wire fraud and money laundering. Palafox, 60, a dual U.S. and Philippine citizen, led the company as chairman, chief executive, and chief promoter. He oversaw a $200 million Bitcoin Ponzi scheme that prosecutors said had defrauded over 90,000 investors, with total losses of at least $62 million, according to a statement from the Justice Department. The scheme promised daily returns of 0.5% to 3% through a Bitcoin trading program that never operated at scale. Instead, funds from new participants were recycled to pay…

Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments. The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system. According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with banking services. “What the data shows is that people aren’t…

Binance US now supports Abstract Chain, letting U.S. users deposit and withdraw ETH on the Layer 2 network without bridging. Summary The integration is part of Binance US’s broader expansion of Ethereum Layer 2 support, following earlier adoption of the Base network for ETH and USDC transactions. Abstract Chain, developed by Igloo Inc. and backed by investors including Peter Thiel’s Founders Fund, delivers scalable, low-cost transactions with features like account abstraction and social login. Binance US has integrated Abstract Chain, a recently launched Ethereum Layer 2 network, allowing U.S. users to deposit and withdraw Ethereum (ETH) without the need for…

Cryptocurrency analytics firm CryptoQuant has released a compelling report on the current market outlook for Ethereum (ETH). The firm notes that Ethereum is experiencing one of its strongest periods in history in terms of institutional demand, staking participation, and on-chain activity. According to the report, Ethereum fund holdings have doubled since April 2025, reaching 6.5 million ETH. Furthermore, the total holdings of whale wallets with balances between 10,000 and 100,000 ETH have surpassed 20 million ETH. While this indicates strong institutional interest, it also suggests significant “smart money” positioning and limited short-term upside potential. Ethereum staking also hit a new…

Shares in the livestreaming and e-commerce company GD Culture Group fell 28% on Tuesday after announcing a share deal to acquire all the assets from Pallas Capital Holding, including 7,500 Bitcoin. GD Culture will issue nearly 39.2 million shares of its common stock in exchange for all Pallas Capital’s assets, including $875.4 million worth of Bitcoin (BTC), the firm said on Tuesday. The deal was made last Wednesday. GD Culture’s CEO and chairman, Xiaojian Wang, said the deal would “directly support” its plan to build a “strong and diversified crypto asset reserve” while benefiting from Bitcoin’s growing institutional acceptance as…

Online trading platform IG Group has acquired a majority stake in Australian cryptocurrency exchange Independent Reserve for 109.6 million Australian dollars ($72.4 million). The deal, the company said, aims to strengthen IG’s position in Asia-Pacific’s fast-growing crypto markets and complements its recent crypto rollouts in the U.K. and U.S. Independent Reserve is one of Australia’s oldest regulated crypto platforms, IG’s managing director for Asia Pacific and the Middle East, Matt Macklin, said. It also supports trading in 34 cryptocurrencies across Australian and Singaporean markets. IG will initially acquire 70% of the company, with the option to buy the remaining 30%…

Novastro, a renowned Web3 platform for real-world assets (RWAs), has partnered with Stability World AI, an AI entity merging generative AI and Web3. The collaboration seeks to strengthen the Web3 creators at the intersection of AI and crypto ecosystems. As Novastro’s official social media announcement points out, the development reinforces Web3 innovation with AI-led avatars, NFTs, tokenized digital experiences, and animations. Hence, the partnership is poised to redefine consumer participation and ownership by improving monetization and broadening opportunities. Partnership Announcement @StabilityW_AI joins the Novastro Ecosystem.A generative AI platform built for Web3 creators and communities, Stability enables users to build, train,…

Ethereum price today is trading near $4,518, extending gains after rebounding from the $4,300–$4,370 support zone. Price action now presses against the descending resistance trendline, with bulls eyeing a move toward the $4,584–$4,672 Fibonacci cluster. The question is whether inflows and institutional accumulation can drive a decisive breakout. Ethereum Price Tests Resistance Zone ETH price dynamics (Source: TradingView) The 4-hour chart shows ETH climbing steadily through its EMA cluster, with the 20-, 50-, and 100-period EMAs all flipping supportive near $4,372–$4,399. A push above the 0.5 Fibonacci retracement at $4,584 and the overhead descending trendline would confirm bullish momentum. The…