Author: NBTC
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is poised for massive upside momentum as an expert hints at a buy signal for the altcoin. On February 11, 2025, a prominent crypto expert made a post on X (previously Twitter), stating that ETH appears bullish. They further noted that the TD Sequential indicator flashes a buy signal on both daily and weekly time frames. Based on recent price action and historical patterns, if ETH holds above the breakout area, there is a strong possibility it could soar by 10% to reach the $3,000 level in the near future. This…
During his successful election campaign, Donald Trump, surrounded by groceries — including eggs — promised that he would “immediately bring prices down, starting on day one.” He also vowed that he would support the cryptocurrency industry and even signed an executive order that includes looking into the viability of establishing a “national digital asset stockpile.” However, despite these efforts, the price of eggs has continued to rise in 2025, while the price of bitcoin hasn’t seen the same levels of appreciation. Read more: Every Trump family memecoin has lost money Since January 3, the United States Department of Agriculture (USDA)…
On January 8th, VeChain CEO Sunny Liu unveiled the 2025 roadmap, focusing on VeBetter DAO, VeWorld Wallet, and launching the VeChain Renaissance. According to a post on X by the VeChain team, the VeChain Renaissance will unfold over three phases: Galactica, Hayabusa, and Intergalactic. The VeChain team has unveiled a roadmap for 2025, aiming to transform its blockchain ecosystem with cutting-edge tokenomics and enhanced interoperability. As we reported, VeChain will work on critical projects, including the VeBetterDAO Network, transforming VeWorld Wallet into a super app hub, and rolling out the VeChain Renaissance to upgrade its core technologies. In this article,…
One of the most talked about and commonly traded pairs in the cryptocurrency world is BTC/USD. In this trading pair, Bitcoin (BTC) is bought and sold against the U.S. dollar (USD). This important price discovery effort is a means of establishing the digital asset’s price against the legacy financial system as a whole. Gaining a solid understanding of BTC/USD is important for anyone interested in trading and investing in cryptocurrency. What is BTC/USD? The BTC/USD trading pair shows the comparative value of Bitcoin, which is the number of U.S. dollars that are required in order to buy one Bitcoin. As…
Lido Finance has unveiled its latest upgrade, Lido v3, introducing innovative “stVaults” that aim to enhance Ethereum liquid staking flexibility. This upgrade is not only a technological advancement but also targets institutional investors seeking tailored staking solutions, marking a significant evolution in the staking landscape. Konstantin Lomashuk, Lido’s co-creator, emphasized that stVaults will uphold the crucial security and decentralization while providing extensive customization options. Lido v3 introduces customizable “stVaults” for Ethereum staking, enhancing institutional engagement while maintaining security and decentralization. The Dawn of Lido v3: A Game Changer in Ethereum Staking The launch of Lido v3 marks a significant advancement…
Ethereum price is attempting to recover from the $2,500 zone. ETH might gain bullish momentum if it clears the $2,740 resistance zone. Ethereum started a fresh decline below the $2,700 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,740. Ethereum Price Eyes Upside Break Ethereum price started a fresh decline after it failed to clear the $2,920 resistance, like…
USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leading the Niche Stablecoin Market The $212 billion stablecoin market is currently dominated by Tether (USDT) and USDC, but a new entrant has quietly risen to third place less than a year after launching. Ethena Labs launched USDE in February 2024 as a yield-bearing crypto-native synthetic dollar that purports to use derivative instruments to eliminate the volatility of the stablecoin’s crypto collateral, a strategy known as delta hedging. The…
Robert Kiyosaki, the author known for “Rich Dad Poor Dad” financial literacy books, is buying more Bitcoin after the cryptocurrency surpassed the $100,000 milestone. Earlier this month, he predicted that the cryptocurrency could surge all the way to $350,000 this year. Bitcoin’s comeback Earlier today, the price of Bitcoin reached an intraday high of $102,514 on the Bitstamp exchange. This is the highest level reached by the cryptocurrency since Dec. 19. Bitcoin has now rallied by more than 12% since plunging to a local low of $91,315 on Dec. 30. According to cryptocurrency analytics platform Lookonchain, a whale turned a…
DeFi sector development activities have skyrocketed as Chainlink, DeepBook, and DeFiChain demonstrate the highest ranking. These projects show substantial growth based on the data from Santiment which indicates developer commitment and market footprint expansion. Development activity analysis shows these ten DeFi projects as the leaders during the past thirty days. 🧑💻 Here are crypto’s top 10 DeFi projects by development. Directional indicators represent each project’s ranking positioning since last month:📈 1) @chainlink $LINK 🥇📈 2) @deepbookonsui $DEEP 🥈📈 3) @defichain $DFI 🥉📉 4) @synthetix_io $SNX📈 5) @coinbase $CBBTC📈 6)… pic.twitter.com/kAgVJHJkjD — Santiment (@santimentfeed) February 10, 2025 Chainlink Maintains Its Dominance…
Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset. Institutional Investors Losing Faith In Ethereum? According to a recent post on X by The Kobeissi Letter, Ethereum price is witnessing mounting challenges as short positioning in the cryptocurrency has ballooned in recent times. Notably, ETH short positions are up 40% in the last week, while they are up 500% in the last three months. It is worth highlighting that this is the…