[ad_1] Bitcoin is currently at a critical juncture, with its price trapped between significant supply and demand walls. The latest data suggests that 1.43 million BTC has been accumulated between $94,660 and $97,540, forming a strong demand zone. Meanwhile, a substantial supply barrier of 1.16 million BTC exists between $97,650 and $99,470, making it a pivotal resistance level. #Bitcoin is trapped between key levels, with a 1.43 million #BTC demand wall between $94,660 and $97,540, and a 1.16 million $BTC supply wall between $97,650 and $99,470. A breakout in either direction could set the trend! pic.twitter.com/zHZpDuFLBx — Ali (@ali_charts) February…
Author: NBTC
[ad_1] Sky Protocol’s synthetic stablecoin, USDS, has now increased its supply ahead of Ethena’s USDe. The DeFi protocol, which still carries both USDS and DAI, is expanding despite the slowing Ethereum (ETH) market. Sky Protocol keeps expanding the supply of USDS, its synthetic stablecoin. The supply is now ahead of Ethena’s USDe, which had to be burned in response to the slowing Ethereum (ETH) market. Ethena’s stablecoin supply reflects the protocol’s shifting strategies when the ETH market loses its bullish trend. Ethena decreased the supply of USDe as market conditions shifted in the first months of 2025. | Source: Dune…
[ad_1] Ethereum (ETH), a second-largest blockchain by market cap, gears up for the thrice-delayed Pectra launch. Slated for a May release now, it’s been presaged by a third testnet to ensure everything is shipshape. Ethereum (ETH) devs launch Hoodi: What does this mean? Deployed on March 17, Hoodi is designed to mirror the mainnet’s environment more closely, complete with over 20 million test-staked ETH and a robust validator set. If all goes well, Pectra could activate on Hoodi by March 26, paving the way for a mainnet debut as early as late April – although May appears more likely. Pectra…
[ad_1] Despite enjoying a bullish spell in the market for quite some time, it seems Dogecoin ($DOGE) might be headed to a slowdown. Noticing the token’s sluggish movement, analysts feel that Dogecoin might face some bearish threats in the near future. The uncertainty has led many crypto users to focus on other top altcoins. To that end, ChowWow ($CHOW) has been gaining traction with its utility-oriented model that lets you play games while earning cryptos. ChowWow is powered by the Solana blockchain and has been drawing people with its myriad of games. Just months into its launch, ChowWow has already…
[ad_1] Bitcoin traded at $97,705 with a market cap of $1.93 trillion and a lower than usual 24-hour trade volume of $15.54 billion, experiencing a quiet session on Saturday, Feb. 15, 2025, within an intraday price range of $97,089 to $97,965. Bitcoin Bitcoin’s daily chart analysis reveals that BTC has been consolidating after a sharp correction, with key support at $89,164 and resistance at the $109,356 peak on Bitstamp. A break above the $100,000 level could indicate a bullish continuation, while rejection could lead to further downside. Fibonacci retracement levels based on the recent swing high of $109,356 and swing…
[ad_1] According to an X post, on-chain analysts noticed that the $USDe ticker was bought on Hyperliquid some hours ago today, March 18, 2025. Now, the user is speculating that the ticker purchase suggests Ethena is going to deploy on the Hyperliquid L1 chain. “Did Ethena really buy the ticker? Or was someone else trying to psyop people?” The user asked before proceeding to connect dots based on the on-chain evidence they cited. Ticker $USDe was bought on Hyperliquid 3 hours ago. This suggests Ethena is going to deploy on Hyperliquid but… did Ethena really bought the ticker? Or was…
[ad_1] Ethereum’s price has crashed more than 53% from its 2024 high, wiping out $255 billion in market value as its market cap fell from $482 billion to $227 billion. Ethereum (ETH) has dropped as concerns about the network continued. On Monday, analysts at Standard Chartered lowered their ETH price target from $10,000 to $4,000, citing the structural decline of the network. Many Ethereum investors have suffered losses during the ongoing crash. According to Santiment data, the percentage of total Ethereum supply in profit has dropped to 47.6% — its lowest level since October 2023. The network’s realized loss has…
[ad_1] Shibburn blockchain tracker, which publishes daily and weekly changes in the SHIB burn rate, has shared that over the past seven days the SHIB community has managed to remove an impressive SHIB batch from the market — several tens of millions of meme coins. In the meantime, during the past few days, SHIB managed to peak, registering substantial price growth but then letting it drop, still ending this week 6% higher than when it only started. 58.3 million SHIB coins burned According to a recently published tweet, over the past week, the SHIB community has managed to destroy 58,303,050…
[ad_1] Martins Benkitis, co-founder and CEO of market maker Gravity Team, believes that any digital asset stockpile, as suggested by an executive order from U.S. President Donald Trump, should start with Bitcoin as its foundation. Altcoins in U.S. Digital Asset Stockpile Carry Risks While an executive order signed by U.S. President Donald Trump is somewhat vague on the creation of a national digital asset stockpile, Martins Benkitis, co-founder and CEO of market maker Gravity Team, is clear about what should be the key asset in that stockpile. According to Benkitis, any digital asset stockpile “should begin with Bitcoin as the…
[ad_1] Ethereum has undergone a big transformation in the last four years, starting as a network capable of handling just 15 transactions per second, and evolving to a powerhouse processing thousands, with transaction costs decreasing from $50 per swap to mere cents. L2s and rollups have helped scale Ethereum without compromising its decentralized ethos. But this success has led to a new problem, one of fragmentation. Today, Ethereum is one of the most widely adopted blockchains, consisting of a network of over 50 L2s, each operating as its own siloed ecosystem. What this means for end-users is having to juggle…