Author: NBTC
A brutal sell-off wiped out weak ETH positions before a massive rebound. With new tariffs, whale moves, and network upgrades, is Ethereum gearing up for a bullish 2025? Table of Contents Diplomatic talks spark ETH recovery Ethereum ecosystem updates Can Ethereum hold its ground? Ethereum price prediction: will the downtrend reverse? Diplomatic talks spark ETH recovery Ethereum’s (ETH) price has had a rough few days, with a sharp drop to $2,150 on Feb. 3, the lowest it has been since September 2024. The decline came as financial markets reacted to new U.S. tariffs, which took effect on Feb. 1. The…
A panel of experts believes 2024 approvals of crypto ETFs were a “watershed moment” for institutional adoption—but “full-throated demand” won’t emerge until regulatory clarity is achieved in the U.S. SkyBridge founder Anthony Scaramucci, CF Benchmarks CEO Sui Chung, and Bullish head of institutional Chris Tyrer gathered at the Digital Assets Forum in London to discuss how “big money is transforming the crypto ecosystem.” It was a discussion chaired by Bloomberg’s Anna Irrera, and the consensus seemed to be that we’re still at an early stage when it comes to Wall Street’s embrace of Bitcoin and blockchains. “Every year it’s like…
This is a segment from the Empire newsletter. To read full editions, subscribe. The days of bullish exchange listings may be over. I spent the morning reviewing price data for every coin listed on Binance and Coinbase since the start of last year. The results are rough. In total, there were 84 new listings across both exchanges — 45 on Binance and 40 on Coinbase. As of this morning, only 12 of those listings have increased in value from their initial trade price on either platform. On the chart below, each circle represents a different coin listing, starting on the…
Bitcoin Supercycle Incoming Amid Changing Market Conditions, According to Alex Krüger – But There’s a Catch
Economist and trader Alex Krüger is leaning bullish on Bitcoin (BTC) even as the flagship crypto asset hovers around 14% below the all-time high. In a new episode of the Unchained podcast, Krüger says that Bitcoin has more upside potential and is not even “remotely” close to the cycle top. According to the economist and trader, the approval of spot Bitcoin exchange-traded funds (ETFs) in January of 2024 could result in the crypto king no longer following the usual four-year cycles that revolve around the halving. “I think that what happened is the introduction of the ETF and the flows…
Ethereum’s value against Bitcoin has plummeted to its lowest level in over four years amid shifting institutional preferences and technical challenges. The ratio now stands at 0.028,per data from RatioGang, having dropped as low as 0.027 in the past day—indicating just how far Ethereum is currently underperforming relative to Bitcoin. Over the past month, Ethereum has declined by approximately 13.8% against Bitcoin. The ratio’s gradual decline has tumbled more than 70% since September 2022. Despite this, a “mildly positive sentiment” for ETH in the medium to long term can be seen, Sean Dawson, head of research at Derive.xyz, told Decrypt.…
President Donald Trump says Elon Musk has no power to stop federal Treasury payments on his own, despite Elon having full access to the government’s sensitive financial systems. Speaking from the Oval earlier today, Trump addressed rumors that Elon’s D.O.G.E (Department of Government Efficiency) was blocking payments. “Elon can’t do and won’t do anything without our approval,” the president told reporters. “If something didn’t have my OK, you’d hear about it real fast.” Elon gained access to the Treasury’s payment systems after David Lebryk, the top career official responsible for managing federal disbursements, resigned last week. The system Elon now…
Cardano Foundation has flaunted the enhancements to the Aiken programming language. Aiken now removes key bottlenecks impacting developer productivity. The Cardano Foundation (CF) recently highlighted the evolution of Aiken, a modern programming language on the Cardano blockchain. The Foundation noted that Aiken has transformed into a powerful platform that is reshaping smart contract development on the Cardano blockchain. Aiken Ready for Broader Adoption As previously mentioned in our report, Aiken seeks to provide smart contract development and an optimized developer experience. The programming language is built with innovative features that satisfy developer expectations, such as seamless integration with other tools.…
In a recent announcement, major crypto exchange Binance has unveiled a new update that affects the perpetual contracts of multiple crypto trading pairs. The crypto exchange, in its official announcement, disclosed that it has updated the leverage and margin tiers of the perpetual contracts of 14 trading pairs, including XRPUSDC, NEARUSDT and APEUSDT. Binance Futures updated the leverage and margin tiers of 14 perpetual contracts on Feb. 5, 2025, at 8:30 a.m. UTC, including XRPUSDC, NEARUSDT, APEUSDT, ACTUSDT, 1000SATSUSDT, SEIUSDT, NOTUSDT, CFXUSDT, PEOPLEUSDT, DOGSUSDT, TURBOUSDT, THETAUSDT, MEWUSDT and RUNEUSDT. As cryptocurrencies like XRP gain traction, these futures contract adjustments appear…
Bitcoin’s Hashrate Holds Steady Near Record Highs as Network Prepares for Difficulty Adjustment
Bitcoin’s computational prowess currently hums at 825.85 exahash per second (EH/s), a gentle dip from its zenith of 844 EH/s recorded on Feb. 4, 2025. The network’s transaction queue, known as the mempool, continues to reflect minimal activity, while newly minted blocks materialize slightly quicker than the protocol’s 10-minute target. Foundry Leads Mining Race: Four Pools Generate 78% of Bitcoin’s Computational Power As of Feb. 5, 2025, the rhythm of block creation has settled at an average of 9 minutes 36 seconds. Should this brisk pace persist, the protocol’s self-adjusting mechanism will enact a 4.6% upward recalibration in mining difficulty…
No matter how deep you are in the cryptocurrency market, Scottie Pippen is warning investors about the bear traps in Bitcoin (BTC) that certainly were not on anyone’s bingo card a year ago. But it is 2025, and it is a reality. In his latest post on X, the former Chicago Bulls star and now certified NBA legend warned his followers that the current decline in the price of the leading cryptocurrency is nothing more than a bear trap – an event on financial markets when a price dip is artificially created to make everyone believe that the asset is…