Author: NBTC
Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub, wrote in a Jan. 8 research note. According to crypto analyst Markus Thielen, the tightening comes after a stronger U.S. dollar following the Trump re-election, and historically, shifts in global liquidity tend to affect Bitcoin’s (BTC) price about 13 weeks later. As liquidity tightens, Bitcoin could enter a consolidation phase, Thielen warns, noting that this usually happens when dollar-denominated liquidity…
Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid market-wide panic. The rapid decline sent shockwaves through the crypto space, marking one of the most volatile trading sessions ever recorded for ETH. However, within hours, the price rebounded, erasing nearly the entire drop and stabilizing above key support levels. Despite this swift recovery, Ethereum now faces serious risks as it trades slightly below a crucial resistance level, leaving investors uncertain about its next move. Top analyst Daan shared a technical analysis on X, revealing that both Bitcoin and Ethereum…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. With the recent confirmation of Scott Bessent as US Treasury Secretary, we’ve received the first quarterly refunding announcement under his leadership. Much has been written in the past year about the potential politicization of the composition of debt being issued by Treasury and how that could impact markets. As seen below, the proportion of bills that have been issued compared to coupons has skyrocketed. Historically, this type of maneuver has been kept for times of crisis when Treasury needs to raise a lot of money very…
Frog-themed meme coin PEPE seems to be back on whales’ radar with 480 billion tokens snapped up within hours. According to on-chain data analytics platform Spot On Chain, two crypto whales have made significant moves on the PEPE token, raising questions about whether a PEPE rebound could be in the works. According to Spot On Chain, whales are currently accumulating PEPE. In recent hours, a new whale, “0x8f5,” withdrew 280 billion PEPE, valued at about $5 million, from Binance. Whales are accumulating $PEPE!1/ New whale “0x8f5” withdrew 280B $PEPE ($5M) from #Binance 4 hours ago. Additionally, the whale accumulated 47.4M…
Over the past week, there has been a significant amount of controversy directed at the newly established Department of Government Efficiency (DOGE). Although opinions remain divided regarding its operations, artificial intelligence (AI) and blockchain technology will likely be employed to better optimize government spending on a permanent distributed ledger system. A Look at How DOGE Could Unleash AI and Blockchain to Rein in Federal Waste Just last month, DOGE was created via an executive order signed by U.S. President Donald Trump on Jan. 20, 2025. Many who have followed Trump and Elon Musk, the current head of DOGE, understand that…
Will Bitcoin drop below $90K as global markets decline due to the HMPV virus threat and the U.S. market weakens amid reduced rate-cut expectations? The crypto market has dropped by 6.15% in the past 24 hours, returning to $3.36 trillion. This downturn includes a significant 5.60% decline in Bitcoin, which has lost its $2 trillion mark valuation. As Bitcoin dips below the $100,000 mark, market fear intensifies, driving the Fear and Greed Index down to 54. With rising liquidations and a sudden shift into a bearish trend, Bitcoin’s decline signals a possible pullback to $90,000. Bitcoin Price Analysis The 4-hour…
The past seven days have proven tumultuous for digital assets, with decentralized finance (defi) protocols hemorrhaging 12.71% of their locked capital. From the twilight hours of Jan. 31 through Feb. 7, 2025, a staggering $15.088 billion evaporated from the ecosystem. Defi Protocol Holdings See Cascading Losses Data extracted from defillama.com as of Feb. 7 reveals the aggregate value secured within defi platforms now hovers at $103.67 billion. This marks a precipitous $15.088 billion decline from the prior week’s $118.76 billion benchmark. The metric now teeters just $3.67 billion above the psychologically significant $100 billion threshold, a symbolic frontier. The TVL…
During Friday’s U.S. trading hours, the crypto market witnessed a surge in selling pressure, evidenced by a long-wick rejection candle in Bitcoin. The overhead supply has plunged most major altcoins, including ETH, which teases a breakdown below $2,500. While the market sentiment shows no signs of bottoming, the historical trend of Ethereum price signals recovery potential in February Key Highlights: The Ethereum price correction could extend another 14% before the resistance key support trendline near $2,200. A bearish crossover between the 50-and-100-day exponential moving average should accelerate the market selling pressure. An ascending trendline in the daily chart marks the…
In their latest statements, Fed members Christopher Waller and Austan Goolsbee expressed their views on key economic issues such as stablecoin regulation, inflation, and monetary policy. Waller said it was important to regulate stablecoins, which he described as a “synthetic dollar” that has the potential to make payments faster and cheaper. While acknowledging their benefits, Waller said stablecoins require urgent regulatory oversight, adding, “The sooner the better.” Waller also noted that stablecoins could further solidify the US dollar’s position as the world’s reserve currency. However, when asked about the possibility of the US creating a strategic Bitcoin reserve, he categorically…
Cardano founder Charles HOSKINSON has revealed that his team is in talks with enterprise blockchain company Ripple to integrate the Ripple USD (RLUSD) stablecoin. This comes amid social media speculation about Cardano’s failure to integrate popular stablecoins like USDC. The Switzerland-based Cardano Foundation had such an opportunity back in 2021, but a deal with USDC issuer Circle fell through, according to Hoskinson. The RLUSD stablecoin, which launched last month, has already gained traction, appearing on exchanges like Bitstamp and Bullish. Ripple President Monica LONG recently said that more exchange listings are expected in the near future. Hoskinson has repeatedly praised…