Author: NBTC

Ethereum’s price is compressing into a tightening triangle, with converging support and resistance levels signaling a decisive breakout as volatility continues to contract. Summary ETH is trading into a triangle apex with converging support and resistance Price remains above the Point of Control, supporting bullish bias A volume-backed breakout is needed to confirm direction Ethereum’s (ETH) current price action is entering a critical technical phase as the market continues to coil within a well-defined triangle pattern. This structure reflects a period of volatility compression, where price is being squeezed between rising support and descending resistance. Such formations often precede decisive…

US Bitcoin spot ETFs widened their positive performance on December 12, 2015, displaying an indicator of optimism in the crypto funds after weeks of outflows. According to data shared today by market analyst Wu Blockchain, Bitcoin ETFs registered net inflows worth $49.16 million on Friday, adding on top of other daily positive flows experienced during the week. Despite being a mild capital inflow, this was a positive performance – the third consecutive day of gains for Bitcoin ETF products this week. As per data sourced from SoSoValue, Bitcoin ETFs experienced an inflow of $237.44 million on Thursday and also witnessed…

The United Kingdom HMRC has ordered cryptocurrency exchanges to share user data as it intensifies its efforts to recoup £300 million in taxes in the new year. The new development is a part of the new tax rules that came into effect on January 1, 2026, amid moves by His Majesty’s Revenue and Customs to boost taxes from the crypto sector. According to reports, failure to follow the new guidelines could see users face several penalties. The guidelines include sharing accurate personal information that the HMRC can use to link users’ crypto accounts to their tax records. This ensures that…

BNB Chain is preparing to increase block production speed by approximately 40% by rolling out its third major network upgrade, called Fermi, on January 14th. The update aims to make the network faster and more predictable for developers and users. Danny Cooper, team leader of Vanguard Vantage, a sub-DAO of Venus Protocol within the BNB Chain ecosystem, stated that while the change may seem small, it will make the network feel more “responsive and resilient,” especially during periods of high volatility. According to Cooper, this improvement will enhance the user experience by reducing latency during peak trading hours. The update…

Ethereum is nearing a decisive phase that could unlock a major long-term price expansion. A higher-timeframe analysis shared by a TradingView analyst suggests that, despite current short-term weakness, Ethereum remains structurally positioned for a significant upside move. If the ongoing formation resolves as expected, the projected breakout places Ethereum’s price well above $24,000. Ethereum’s Long-Term Structure Remains Intact From a broader perspective, the analyst emphasizes that Ethereum has not broken its established trend since 2020. Over that period, price action has continued to form higher highs, reinforcing the view that the long-term structure remains valid. Rather than signaling failure, the…

An anti-decentralized finance group is reportedly running advertisements on Fox News encouraging the public to pressure their Senators into passing crypto market structure legislation that excludes DeFi provisions perceived to be threatening to the banking industry. According to two screenshots shared Friday on X by Crypto in America host Eleanor Terrett, the Investors For Transparency members wrote: “Tell Your Senator: Pass Crypto Legislation Without DeFi Provisions,” sharing a hotline number to contact their local Senators. “Don’t Let DeFi Stall Innovation,” another snippet of the ad said, which appears to echo concerns from banking lobbyists over the CLARITY Act permitting stablecoin…

Baumz, a well-known crypto trading and management entity, has collaborated with Snowball, a popular Web3 infrastructure platform. The partnership endeavors to simplify the way consumers receive and send digital crypto assets across blockchain networks. As per Baumz’s official X post, the partnership merges its trading ecosystem with the modular naming service of Snowball Money. Hence, the development is set to improve the usability when it comes to crypto transfers. 🚀 Partnership Announcement 🚀Baumz × SnowballWe’re excited to collaborate with @snowball_money, a modular naming service simplifying crypto transfers with one-click, chain-agnostic names.This partnership makes moving assets across chains faster, easier, and…

Representatives from major cryptocurrency firms went to Abu Dhabi last week to connect with wealthy Middle Eastern investors who might breathe new life into a struggling sector. Officials from a massive $330 billion sovereign wealth fund in the United Arab Emirates were supposedly in attendance. The problem? Nobody could find them. Leading figures in the cryptocurrency world rushed to the UAE capital, bouncing between multiple conferences, exclusive beach parties, and luxury yacht gatherings. They swapped tips about private dinners with industry celebrities and chased down anyone who might have connections to the royal family. Michael Saylor showed up at the…

Senator John Boozman is considering delaying a planned markup of a major cryptocurrency bill as bipartisan negotiations continue to make progress. The Republican from Arkansas and Chair of the Senate Agriculture Committee had originally scheduled the session for January 15. The bill itself would create clear rules for cryptocurrency. As cryptocurrency has gained worldwide popularity, US lawmakers have been working to establish rules that outline how it should operate, who oversees it, and how to protect individuals who use it. Boozman’s committee is one of the key groups responsible for shaping crypto market structure legislation, and bipartisan agreement is seen…

World3, a decentralized AI platform that allows people to develop and deploy autonomous agents to automate Web3 tasks, analyze data trends, and execute strategies across various chains, today announced a strategic partnership with RAX Finance, a RWA layer designed to power next-gen AI infrastructure. Based on this business agreement, World3 entered into a coalition with RAX Finance, a tech integration that aims to provide it with enhanced data processing capabilities in its AI development platform to offer more efficiency to its users. Powered by native WAI token, World3 runs a decentralized network that empowers people to build and deploy autonomous…