Author: NBTC
The 50-day Exponential Moving Average (EMA) is about to cross below the 200-day EMA, putting Ethereum closer to the edge of facing some serious consecuences, especially if investors keep on actively selling the asset, despite the fact that institutional investors are actively buying it. ETH has been having trouble keeping up after being under constant downward pressure. The asset is currently trading at about $2,640, having fallen from earlier highs of over $3,500 due to frequent sell-offs. A bearish structure that could get stronger if the death cross materializes is reinforced by the price action’s lower highs and lower lows.…
The crypto-focused asset management firm Grayscale has announced the latest fund composition weights for its products, including altcoins such as SUI, CRV, and LPT. Grayscale has also updated its list of asset holdings on tis website. Grayscale Adds SUI, CRV to Funds Composition As of 1/6/2025, GSCPxE’s Fund Components were a basket of the following assets and weightings.As a result of the rebalancing, Sui $SUI has been added.$SOL $ADA $AVAX $SUI $NEAR $DOTImportant disclosures: https://t.co/kxdodVbS4S pic.twitter.com/qsmHbPG4ED — Grayscale (@Grayscale) January 8, 2025 In an X post shared today, Grayscale revealed that the fund composition of its Decentralized AI Fund now…
RWA Inc., a well-known platform for the tokenization of real-world assets, has announced an exclusive collaboration with ChainHealth, a prominent platform for AI-driven health DePINs and agents. The partnership focuses on the tokenization of health data to advance the health-related data. The platform disclosed this development on its official social media account on X. Exciting news! We are teaming up with @chainhealthai to revolutionize health data management. ChainHealth uses AI-powered Health Agents and DePIN to deliver personalized, real-time health insights, empowering users with target=”_blank”>pic.twitter.com/IB1SdSmeCt — RWA Inc. (@RWA_Inc_) February 12, 2025 RWA Inc. Collaborates with ChainHealth to Advance Tokenization of…
Bitcoin (BTC) starts the year with a shift in ownership. Even after 16 years have proven the long-term holding outlook, the new cohorts of buyers face the challenge of a higher cost basis. Bitcoin is facing a shift in ownership, as long-term holders liquidated some of their holdings. The run-up to $108K caused some of the older holders to realize gains, as the assets moved into new wallets aged under three months. The overall trend for BTC is for wallets to trend to long-term accumulation. In December, that balance shifted, though only a small part of BTC changed hands. Even…
DeFiLlama’s data revealed that Ethereum had flipped the GMGN Telegram bot in weekly revenue less than 24 hours ago despite falling to 17th place in weekly revenue rankings. The Telegram bot BullX generated more revenue than Ethereum in the past seven days as Tether held steady at the top in terms of annual, monthly, weekly, and 24-hour revenue. Token Terminal’s data showed that Ethereum’s weekly revenue dropped 29.1% to $21M during week one of 2025 (Jan 5 – Jan 11) and 7.2% to $19M during week two (Jan 12 – Jan 18). Ethereum’s revenue sharply rose by 123.7% to $43.6M…
BitGo is exploring an initial public offering and discussing potential advisory arrangements for a listing as soon as the second half of 2025, according to people familiar with the matter. Crytpo custodian BitGo is considering an IPO as soon as the second half of this year, joining a flood of companies in the sector anticipating more support for their plans from regulators. https://t.co/oxu8e9lSaL — Bloomberg (@business) February 11, 2025 The Palo Alto, California-based crypto custody firm joins joins a growing number of crypto companies planning public market debuts. Gemini, the crypto firm backed by the Winklevoss twins, is considering an…
$ENS is in the news at the latest 30-day data for the highest-grossing blockchain dApps reveals that $ENS has taken the lead and collected an astounding $50.1 million. According to data obtained from Token Terminal, $ENS recorded a substantial revenue increase of +4,789 percent, a sign that users are finding more ways to use ENS. ⚡️ Top Blockchain dApps by Total Revenue (30d)In this post, we analyze the data from @TokenTerminal and rank the top blockchain dApps by total revenue in the last 30 days, to understand which dApps are generating the most income and why.$ENS $ENA $AERO $SKY $AAVE…
Spiko, an investment technology company, has announced that its tokenized US and EU T-Bills Money Market Funds would be coming to Etherlink, a Layer-2 (L2) blockchain built on Tezos (XTZ) technology, as reported to Finbold on Wednesday, February 13. The announcement marks another step in Spiko’s growing expansion campaign, following integrations with other major blockchain networks including Arbitrum One (ARB), Starknet (STRK), and Polygon (POL, formerly MATIC). Why is Spiko coming to Etherlink? Already known for its low transaction costs, censorship resistance, and almost instantaneous block times, Etherlink is dedicating a lot of resources to improving its decentralized finance (DeFi)…
If there’s one crypto asset that is expected to make it big this 2025, it has got to be Bitcoin. The premiere crypto has demonstrated remarkable success as it ushers in 2025. Registering solid numbers in the last few weeks, analysts have high hopes that it can make further breakthroughs. In fact, based on latest research, Bitcoin has surpassed conventional asset classes such as gold, cementing the optimism behind the coin. The digital coin’s success this year is unsurprising, attributable to several advantageous market conditions, including Donald Trump’s victory in the recent US elections. According to a report from Creative…
Ethereum (ETH) price is seeing increased accumulation from large investors, with analysts suggesting that it could be following a pattern similar to last February’s rally. Currently, ETH is out of a bullish falling wedge pattern, and the institutional inflows are increasing, with traders eager to know Ethereum’s next move. Ethereum Price Breaks Out of Falling Wedge, Eyes $3,000 Ethereum has been in a falling wedge formation and has recently broken to the upside out of the wedge, which is quite a bullish sign. Such a breakout indicates a reversal of the trend, with ETH price currently hovering around $2,692.30. 4-hour…