Author: NBTC
Ethereum price failed to clear the $3,450 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,500. Ethereum started a fresh decline from the $3,450 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,400 resistance level. Ethereum Price Extend Losses Ethereum price failed to start a recovery wave above the $3,500 level and extended…
Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China and U.S.—Digital Euro Is Key to Sovereignty A member of the executive board of Germany’s central bank, Burkhard Balz, highlighted the digital euro’s role in ensuring Europe’s financial autonomy in an interview with German newspaper Süddeutsche Zeitung last week. Balz described the initiative as crucial to ensuring Europe’s resilience in an increasingly digital and competitive global environment. Comparing the digital euro to book money, he explained that while it exists…
David Schwartz, chief technology officer at Ripple, has noted that XRP’s becoming the third-biggest cryptocurrency coincided with his officially reaching 12 years at the company. The XRP continued its blistering rally on Sunday, surging by more than 28%. The token has reached a new multi-year high of $2.48. The Ripple-affiliated cryptocurrency is now in third place by market capitalization, surpassing stablecoin giant Tether (USDT) and “Ethereum killer” Solana (SOL). It has managed to reclaim one of the top spots after coming close to dropping out of the top 10 following the SEC lawsuit against Ripple. Still, the controversial cryptocurrency has…
Sam Altman, the head honcho at OpenAI is facing serious allegations of sexual abuse. His sister, Annie Altman, has filed a lawsuit in the US District Court for the Eastern District of Missouri, accusing him of sexually abusing her during her childhood. The lawsuit alleges that the abuse began when Annie was three years old and continued until she was twelve. The suit claims that Sam Altman, who would have been between the ages of 12 and 21 during this period, subjected his sister to “several times a week” of sexual abuse, starting with oral sex and escalating to acts…
REI Network, a permissionless and decentralized multi-chain Web3 platform, has recently partnered with AlxBlock. The collaboration targets to reshape the AI and Web3 sectors’ future, developing innovative opportunities across diverse sectors. The platform revealed this partnership on its official social media account. REI Network & @AIxBlock are teaming up to reshape the future of Web3 and #AI. By combining REI’s zero-fee, high-performance blockchain with AIxBlock’s decentralized AI platform, we’re unlocking seamless access to powerful AI models and decentralized compute. 🤖Together, we’re… pic.twitter.com/FTFY8fN4PE — REI Network｜From #GXChain! (@GXChainGlobal) January 8, 2025 REI Network Collaborates with AlxBlock, Redefining AI and Web3 Realms…
Raoul Pal, global macro investor and CEO of Real Vision platform, purchased $200,000 worth of Bitcoin (BTC) in 2013. Here’s what happened with this massive stake — and when Pal predicted $100,000 for BTC for the first time. Real Vision CEO shares his dramatic story about selling BTC Investor and economist Raoul Pal purchased Bitcoin (BTC), the largest cryptocurrency, back in 2013. He spent $200,000 on the orange coin 11 years ago. In 2013, the largest cryptocurrency soared from $13 to $754, historical data says. I bought $200k of $BTC back in 2013 and paper-handed it at $2,000 in 2017…
Key Takeaways Despite trading below its 50-day and 200-day EMAs, the price of Ethereum remains in a safe zone as bulls dominate the price. Altcoins face another downtrend price dump as Bitcoin struggles to hold its price above the key support zone of $92,500. Ethereum’s price looks strong as it aims to bounce quickly from its support zone in the coming days. Amid the ongoing crypto market crash, Ethereum bulls have protected its psychological support level of $3,000. The price has traded around this region in the past, rallying high to $3,700. Despite the crypto market not looking good and…
DZ Bank has launched a platform for managing crypto securities, aiming to streamline capital market processes using blockchain technology. Collaboration with Ripple Custody enables DZ Bank to provide comprehensive wallet management and blockchain analytics, fully compliant with Germany’s eWpG law. DZ Bank, the second largest bank in Germany, has made a significant leap into the banking sector. As of January 9, 2025, the institution has officially launched a robust platform for managing crypto securities like tokenized bonds. The strategic move is part of a broader effort to streamline capital market processes using blockchain technology. Customer Spotlight: @DZBANK launched a secure…
XRP (XRP) is on a tear as bitcoin (BTC) struggles to approach $100,000 amid talk of a large “sell wall” near the six-digit price mark. XRP, the payments-focused cryptocurrency, has skyrocketed 375% to $2.40 in 30 days. The price has surged more than 20% in the past 24 hours alone, CoinDesk data show. The meteoric rise has lifted the cryptocurrency’s market capitalization to $139 billion, replacing the leading dollar-pegged stablecoin, Tether’s USDT, as the world’s third-largest digital asset. “This [XRP] comeback is making waves across the market, potentially signalling the return of retail traders and investors to the crypto market,”…
Ripple CEO Brad Garlinghouse recently shocked everyone by posting a picture with Donald Trump, revealing they had shared a dinner together. This news has sparked excitement, especially considering the ongoing U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple. With the January 15 deadline fast approaching, along with Trump’s inauguration and SEC Chairman Gary Gensler’s upcoming resignation, the next few weeks hold significant importance. Enthusiasts are eagerly awaiting to see how these events will impact Ripple and its future. Pro-XRP lawyer John Deaton took to social media and shared his thoughts on the incredible comeback of Ripple and its CEO,…