Author: NBTC
Ethereum’s price is consolidating near $3,300 and forming a pattern signaling a breakout. A move above $3,380 could spark momentum and take Ethereum toward the $4,000 mark. Traders are closely watching this key moment as Ethereum shows signs of a strong market move. Ethereum’s price is consolidating near $3,300 with signs of an imminent breakout, according to analyst MikyEdge. A symmetrical triangle pattern, forming on the 8-hour ETH/USDT chart, shows the potential for a strong upward move toward $4,000. This technical setup has drawn attention as traders closely monitor the next key movements. $ETH is within a short-term range The…
Layer-2 blockchain projects like Polygon ($POL) are emerging because they solve the problems of scalability and cost in the decentralized environment. After gathering a report from LunarCrush, a recent report from Phoenix Group focuses on the Layer-2 projects regarding the social activity ranking. TOP #LAYER2 PROJECTS BY SOCIAL ACTIVITY$POL $MNT $ARB $ZK $STRK $OP $STX $CULT $IMX $MANTA pic.twitter.com/PKDkSM7Hjm — PHOENIX – Crypto News & Analytics (@pnxgrp) January 20, 2025 Metrics like active posts and total interactions reveal how these projects engage users, and $POL boasts the best figures, followed by $MNT and $ARB, with other successfully developing projects not…
Roger Ver, the man known as “Bitcoin Jesus,” is publicly pleading with ‘crypto president’ Donald Trump to prevent his extradition to the United States. In a desperate and direct tweet on Jan. 26, Roger said, “Mr. President, I am an American, and I need your help. Only you, with your commitment to justice, can save me @realDonaldTrump.” Mr. President, I am an American, and I need your help. Only you, with your commitment to justice, can save me @realDonaldTrump pic.twitter.com/WhVTZ1M1GB — Roger Ver (@rogerkver) January 26, 2025 Roger had renounced his US citizenship in 2014. He’s now facing federal charges…
OKX and Bitpanda recently announced on their X accounts that they both have secured their Markets in Crypto-Assets (MiCA) licenses. OKX announced that it is the first global exchange to obtain this license. This will let the exchange offer fully regulated crypto products to over 400 million people across Europe. Similarly, Bitpanda received its license from Germany’s BaFin, one of the top financial supervisory body of Europe. OKX announces securing MiCA license Bitpanda announces securing MiCA license Why MiCA Licenses Matter? A MiCA license has become this prestigious license to hold in the crypto industry because it has been designed…
Bitcoin’s price has been scaring off a lot of newcomers with choppy movements, which add to the overall uncertainty. Yet, things might not be over for the asset’s bull run, as another rally could be bound to happen soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the cryptocurrency has been consolidating below the critical $100K level after briefly rising above it twice. A large falling wedge pattern is forming at the moment, which has the market trapped inside. If the price is able to break the pattern to the upside with momentum, an aggressive…
Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. Ethereum Maintains Fee Dominance Despite Dencun Upgrade According to CoinGecko’s latest report, Ethereum’s fee revenue figure witnessed a 3% increase compared to the $2.41 billion earned in 2023. Despite the Dencun upgrade in March 2024, which lowered Layer 2 transaction costs and a continued shift of users from the main…
Less than two days after the OFFICIAL TRUMP (TRUMP) coin launch, First Lady Melania Trump introduced her own meme coin in the late hours of Jan. 19, 2025 (UTC). As anticipated, Official Melania Meme (MELANIA), commonly referred to as the Melania Coin, was launched to much fanfare, and its price quickly soared. But can this initial excitement translate into long-term success? Here’s an in-depth look at $MELANIA and its early impact on the market. In this guide: What is Official Melania Meme (MELANIA)? How does $MELANIA work? Market impact and early reactions Is Melania Coin a rug pull? Should you…
Malaysia is working on a new regulatory framework for digital finance to keep up with its peers in the digital asset space, the country’s Prime Minister Datuk Seri Anwar Ibrahim, has revealed. During his recent visit to Abu Dhabi, the PM told media outlets that he had been in talks with the UAE government to cooperate in promoting the digital asset space. The UAE has one of the most advanced blockchain sectors, with the government pushing for the adoption of the technology in the private and public sectors. “We have talked about digital transformation, data centres and artificial intelligence (AI).…
The Hong Kong Securities and Futures Commission has issued virtual asset licenses to local crypto exchanges Panthertrade and YAX. Hong Kong financial authorities have updated their list of virtual asset trading platforms that have received an operating license from the SFC. Two Hong Kong-based crypto trading platforms, Panthertrade Hong Kong Limited and YAX Hong Kong Limited, have just received operating licenses on Jan. 27. “The publication of this list by the SFC does not constitute a guarantee for the performance or credibility of any virtual asset trading platform licensed by the SFC,” said the financial regulatory agency in a translated…
Prominent cryptocurrency analyst and trader Michael van de Poppe has shared a Bitcoin chart, along with his near-term price prediction — a bullish one. This prediction comes as, over the past two days, the world’s largest cryptocurrency in terms of market capitalization size has recovered by slightly more than 7% and approached $98,000 for a moment. Bitcoin may test $100,000 in coming days, Poppe says Michael van de Poppe has shared a BTC chart, saying that BTC has had tremendous weekly performance. Since Monday, the pioneer cryptocurrency has increased by 7.25%, soaring from roughly $90,700 and reaching the $97,270 zone…