Author: NBTC
Bitcoin is currently trading below the point of control after rejecting from a key dynamic resistance. The lower timeframe trend remains bearish, and its potential to influence higher timeframes is something traders should be mindful of moving forward. Following a rejection from the local high, Bitcoin (BTC) has returned to a key trading range, where price is now consolidating beneath the point of control (POC). This move aligns with the development of a swing failure pattern and the activation of a bearish harmonic structure, both of which contributed to the ongoing retracement. While this pullback hasn’t triggered a high-timeframe breakdown…
The latest NFT market review released by PHOENIX presents the main collections, the largest individual sales, and the most used NFT marketplaces. In the last 24 hours, the Guild of Guardians topped the trading volume with $796.62K, possibly due to its popular “Spring Sakura” event. #NFT MARKET OVERVIEW TOP COLLECTION #GuildofGuardians – 24H Volume $796.62K… pic.twitter.com/Z8pHgdYPhu — PHOENIX – Crypto News & Analytics (@pnxgrp) May 19, 2025 Meanwhile, CryptoPunk #6479 sold for $147.07K, underscoring steady interest in blue‑chip NFTs. This past day, OpenSea processed $2.38M, making it the most active marketplace, but this volume is not as high as the…
Today, the broader cryptocurrency market entered another consolidation period that started on Saturday, May 10, 2025. The market experienced a 1.64% drop, making its market cap currently standing at $3.27 trillion. Amidst these developments, investors are always eager to add top-performing assets into their portfolio. Today, Phoenix Group shared data that highlighted assets that became the focus of investors’ attention in the past 24H with impressive movements. DAILY GAINERS$KEKIUS +105.8% $CFG +39.0% $CTXC +34.9% $PORTAL +16.7% $APX +15.1% $SNT +13.5% $ALPACA +12.4% $ZKL +12.2% $REI +9.9% $AST +9.8%#dailygainers pic.twitter.com/UssMi4TInr — PHOENIX – Crypto News & Analytics (@pnxgrp) May 17, 2025…
XRP futures started trading on the Chicago Mercantile Exchange’s (CME) derivatives platform on Monday, becoming the first regulated futures tracking the price of XRP in the U.S. Traders can trade two contract sizes: 2,500 XRP and 50,000 XRP, which will both be cash-settled and based on the SME CF XRP-Dollar Reference Rate, which tracks the price of XRP daily at 4:00 p.m. London time. CME already offers bitcoin BTC$104,964.85 , ethereum ETH$2,468.92 and solana SOL$163.85 futures as well as bitcoin and ethereum options. The Group’s SOL futures, which launched in mid-March, had only booked $12.3 million in notional daily volume…
Decentralized communication protocol WalletConnect is embarking on the next phase of its growth with Smart Sessions, a new standard that will “redefine” wallet UX for the AI-powered future of the internet. In a new blog post, WalletConnect Foundation founder Pedro Gomes outlined his vision for a “seamless, intelligent onchain world” powered by AI agents communicating through Smart Sessions. “Smart Sessions aren’t just a UX upgrade,” Gomes wrote, explaining that they “fundamentally reshape the economic dynamics of WalletConnect.” Instead of “endless wallet popups,” Smart Sessions users simply connect once, setting clear rules for wallet interactions in natural language and delegating permission…
New Hampshire is set to become the first US state to establish a strategic Bitcoin reserve following the passage of New Hampshire House Bill 302 (HB 302), which authorizes the state treasurer to allocate up to 5% of public funds to Bitcoin and other digital assets. Dennis Porter, CEO of Satoshi Action Fund, announced the news on May 7. Source: Dennis Porter Introduced in January, HB 302 proposes allocating public funds into precious metals and top-tier digital assets with a market capitalization of over $500 billion, effectively paving the way for state-level Bitcoin investments. As of now, Bitcoin’s market cap…
Ethereum’s market sentiment has shifted notably as the prediction market on Polymarket now shows a 72% chance that the cryptocurrency will remain above $2,500 on May 16, 2025. This jump represents a 22% surge in trader confidence, sparked by rising optimism and increased trading activity over recent days. The change in sentiment reflects a broader trend where traders are recalibrating their outlook based on both technical indicators and market psychology. Polymarket Prediction Sees High Volume, Investor Conviction Source: Polymarketcap Besides the rise in probability, the market has drawn significant attention. Trading volume for this particular prediction reached $674,720, showing strong…
The Shiba Inu and the crypto community were quick to notice a strangely specific figure in the latest burn update provided by Shibburn: 3,333,333 SHIB burned in the last 24 hours. While it could simply be a numerical fluke, it has sparked curiosity as it coincides with the Shiba Inu price rebound after days of drops. Interestingly, the 3,333,333 SHIB was burned in a single burn transaction, which adds another layer of intrigue to the overall narrative. While the number may appear symbolic, or it might even be deliberate or just a mere coincidence, some may interpret it as a…
Binance (BNB), the world’s largest cryptocurrency exchange, announces a massive fee deduction campaign for its prelisting module, Binance Alpha. The new incentive is valid for Alpha Limit Order for 10 early-stage tokens and is valid until further notice. Near-zero fees on Binance Alpha for these tokens: List Top crypto exchange Binance (BNB) launched a promo campaign for traders on Binance Alpha, its prelisting instrument for early-stage tokens with increased volatility. Starting today, all limit orders on Binance Alpha will be charged with a 0.01% fee instead of 0.15% for eligible tokens. #Binance Alpha introduces a special trading fee promotion for…
The AI-powered blockchain platform, Sahara AI has made its public testnet, SIWA, available as the first step in its goal of creating a decentralized community for AI development. SIWA allows you to register, license, and trade your AI assets on the blockchain, proving you are the owner and creator in an easy-to-follow way. Sahara AI already revealed this exclusive news with its community last month, through its official social media platform, X account. 🔥 Big news: Sahara’s Data Services Platform is entering its next phase. Open Beta launches SOON!New task types. Dual rewards. Open access.The next era of AI data…