Author: NBTC

Ethereum is facing renewed downward pressure as its price slipped below the critical $3,000 level, leaving the altcoin stuck beneath a major psychological barrier. However, this drop has failed to trigger fear across the market, leading to major buying from ETH holders who appear increasingly bullish about short-term price stability. Ethereum Holders Buy Heavily The balance of Ethereum held on exchanges has witnessed a dramatic decline this week. ETH supply on trading platforms fell from 2.77 million ETH to 1.41 million ETH — a staggering 136 million ETH drop. At current prices, this represents nearly $4 billion in buying. Such…

Grass (GRASS), the Decentralized Physical Infrastructure Network (DePIN) project operating within the Solana ecosystem, raised $10 million in a bridge investment round led by Polychain Capital and Tribe Capital. The investment primarily consisted of token purchases. Grass has previously closed both a seed and Series A funding round. The project aims to allow users to sell their idle internet bandwidth, allowing data to be shared under user control rather than being collected by large corporations for profit. The GRASS price, already declining, fell even further following the announcement. Grass co-founder Andrej Radonjic said in a statement, “Grass is a piece…

Digital asset markets continue to evolve as the Binance wallet integrates stocks directly on chain, reshaping tokenized stock trading for a global user base. What does Binance’s new on-chain stocks rollout change for traders? How does this move connect traditional finance with Web3? How does Binance Wallet deliver real-time, user-friendly trading? Why are investors responding strongly to on-chain stocks? Could Binance’s move reshape competition in tokenized markets? How does this deepen the role of wallets in everyday finance? What does this signal for the future of tokenized finance? What does Binance’s new on-chain stocks rollout change for traders? The latest…

Bitcoin (BTC) and altcoins experienced major declines in October and November, with Ethereum (ETH) undoubtedly being one of them. While Ethereum broke its record in August and reached a new ATH, it subsequently fell below $2,700. While Ethereum is currently trading above $3,000, the Hashed CEO stated that Ethereum is approximately 55% below its fair value. Simon Seojoon Kim, CEO of South Korean blockchain investment firm Hashed, stated that according to his latest analysis, the fair value of Ethereum should be $4,747. This means ETH is currently undervalued by around 55%. Kim explained that his company has created a dashboard…

Mike Novogratz’s crypto firm Galaxy Digital sees a bright future ahead for tokenized assets. In a recent research report, “The Investable Universe 2.0,” the New York-based firm projects that tokenized assets could reach a $1.9 trillion market capitalization by 2030 under its base scenario, a 5,622% increase from their current $33 billion valuation, and as much as $3.8 trillion if adoption accelerates. Source: Galaxy, Bain, McKinsey, and BCG In the report, Galaxy Digital explained that the valuation growth can be attributed to strong institutional interest as firms “seek to understand and adopt the technology to stay competitive.” The firm sees…

Hyperliquid recorded one of its busiest trading days of the month after launching HIP-3 custom markets, with its Hyperliquid interface showing more than $500 million in trading volume over the past 24 hours poured into synthetic markets linked to equity underlyings. HIP-3 introduced xyz, flx, and vnti to the decentralized exchange, which currently supports more than 20 tokens. Most of these track equity benchmarks or single-stock exposures using synthetic perpetual contracts. The broad-based XYZ100 that traders have equated to the Nasdaq100 index led the day with $320 million in trading volume. NVDA followed with $66 million, while GOOGL reached $45…

Ethereum price started a recovery wave and surged above $3,0000. ETH might continue to rise if it clears the $3,120 resistance. Ethereum started a recovery wave above $2,950 and $3,000. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,880 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,120 zone. Ethereum Price Rallies Over 5% Ethereum price managed to stay above $2,850 and started a recovery wave, like Bitcoin. ETH price was…

Cryptocurrency exchanges are seeing a decrease in inflows amid the current market correction. On-chain data revealed that Binance recorded the most trading volumes in the period. Binance saw $25 billion in spot trading volume in the last day, with perpetual futures trading volume reaching $62 billion. Crypto.com and OKX followed with spot and futures trading volumes $4.6 billion and $36 billion, respectively. Binance records the most spot and futures trading volume in November Exchanges are seeing surging inflows as the correction unfolds. Binance’s stablecoin reserves just hit a record $51.1B, the highest in its history. BTC and ETH inflows climbed…

Ethereum climbed back above $3,000 after a wave of exchange traded-fund inflows and heavy whale accumulation helped stabilize the market following weeks of selling. Summary Ethereum price reclaimed the $3K level while open interest climbed and trading volume softened. U.S. spot ETH ETFs recorded a fourth straight day of inflows. Ethereum’s chart shows early signs of a rebound, with ETH climbing off the lower Bollinger Band and short-term indicators turning positive. Ethereum has climbed back above $3,000, trading at $3,037, a 3.5% daily gain. The move came after a rough month that has pushed ETH down almost 40%, leaving it…

In a recent tweet, Binance cofounder and chief customer service officer Yi He discussed the inevitability of crypto winning in the face of daunting challenges and criticism. In the Binance cofounder’s perspective, the world is not a zero-sum game where one side’s gain means another’s loss — but rather, an evolving positive-sum game. Since it is a highly transformative industry, He says the crypto space will inevitably challenge the interests of many established institutions, which will go to great lengths to protect their own stakes. The world is not a zero-sum game where one side’s gain means another’s loss, but…