Author: NBTC

Amber Group increased its HYPE holdings to 730,749 tokens worth $16 million. HYPE token price plunged by around 15% in the last week, trading above $21. The broader crypto market had a slow start for 2025, contrary to the short bull run we witnessed in December 2024. While Bitcoin is trading at the usual $94K price level, Ether hasn’t yet recorded any significant price surge, trading at $3.3K. Meanwhile altcoins have also had a dull start, except for a few memecoins and AI agent tokens. Hyperliquid token witnessed significant price surge of 100% in 2024, following its remarkable airdrop of…

Major CEXs have witnessed a significant decline in spot trading volume compared to the volume recorded in December 2024. The top exchange in terms of change rate was HTX, with negative 8% while Bitget trailed behind with -46%. The derivative trading volume decreased by 17% month-over-month. Major crypto centralized exchanges witnessed a 25% drop in spot trading volume in January 2025 compared to the figures recorded in December 2024. Data collected and compiled by a WuBlockchain team shows that the top three exchanges in terms of change rate were HTX with a negative 8%, Kraken with a negative 10%, and…

Analytics platform CryptoRank revealed that Bitcoin’s price has surged by 6% since the beginning of the year. The research firm also reported a surge in XRP (+16%), $ADA (+25%), $XLM (+32%), SUI (+26%), and other L1 assets. The analytics platform also revealed that Bitcoin’s market capitalization rose by 0.48% to reach $3.74T. The data also indicated that BTC’s dominance rose by 0.44%, and the Fear & Greed index rose to 76, indicating extreme market greed. Bitcoin retakes $100k once again Bitcoin began the year with strong momentum, reaching the $99,765 mark and gaining over 6% in price appreciation. The upsurge…

Coinbase’s layer-2 network, Base, has denied allegations of selling its Ethereum (ETH) holdings. Over the weekend, crypto community members pointed out that Base has funneled sequencer fees to Coinbase, sparking concerns about transparency and potential ETH sales. However, Base strategist Kabir Sadarangani refuted these claims, asserting that the accusations of a lack of transparency and potential ETH sales were unfounded. The allegations On Feb. 8, Santisa, the CIO of investment firm Lucidity Cap, raised the alarm that Base has been sending all sequencer fees to Coinbase since its launch. He added: “We don’t know if they sold, but we do…

Cryptocurrency stocks are showing modest increases, signaling a positive start to the day for digital asset-related equities. Among the top performers, Coinbase ($COIN) leads with a gain of 0.82%, followed closely by MicroStrategy ($MSTR) at 0.78%. Marathon Digital Holdings ($MARA) and Riot Platforms ($RIOT) also saw slight upward movements of 1.01% and 0.78%, respectively. These modest gains come amid a mixed session for major technology stocks, highlighting the distinct performance patterns between the two sectors. Crypto stocks are slightly up in pre-market trading$COIN +0.82%$MSTR +0.78%$MARA +1.01%$RIOT +0.78%$DJT (Trump Media) -0.59%Meanwhile, major tech stocks had a mixed session:$MSFT +0.13% | $META…

Several prominent Philippine banks are set to launch a multi-bank peso-backed stablecoin called PHPX this year. The initiative will use the Hedera Distributed Ledger Technology (DLT) network, which offers the potential to improve cross-border payments, particularly remittances, for Filipinos working abroad. The collaboration includes UnionBank of the Philippines, Rizal Commercial Banking, Cantilan Bank, and Rural Bank of Guinobatan. With PHPX, Filipinos abroad will be able to send money directly to their family members’ bank accounts, digital wallets, or even make direct payments for school tuition and other financial obligations. The goal is to make remittances more convenient and efficient, allowing…

An X user going by the name AB Kaui Dong sounded the alarm early Tuesday, when he noticed suspicious onchain activity by the world’s largest cryptocurrency exchange, Binance. “The most discussed topic among peers today should be Binance, which is selling off a large amount of its own BTC and ETH assets,” Dong said. “Most currencies have been converted into the stablecoin USDC.” Although Dong acknowledged that the assets were not user funds and belonged to Binance, the allegations gained traction and were reported by major crypto publications such as Cointelegraph. Binance was suddenly being accused of having sold off…

Bitcoin investors and analysts constantly seek innovative tools and indicators to gain a competitive edge in navigating volatile market cycles. A recent addition to this arsenal is the Pi Cycle Top Prediction chart, now available on Bitcoin Magazine Pro. Designed for professional and institutional investors, this chart builds on the widely recognized Pi Cycle Top indicator—a tool that has historically pinpointed Bitcoin’s market cycle peaks with remarkable accuracy. The Pi Cycle Top Prediction tool helps estimate when Bitcoin’s bull market may be nearing its end. Understanding the Pi Cycle Top Prediction Indicator The Pi Cycle Top Prediction chart enhances the…

Dark clouds continue to hover over the largest altcoin Ethereum. While ETH investors are waiting for a recovery as soon as possible, crypto analysis platform Matrixport analyzed the latest status of ETH. Matrixport analysts noted that despite spot Ethereum ETFs seeing $500 million in inflows, the ETH price remains stagnant and has shown little to no recovery. Analysts stated that the downward trend in Ethereum was caused by large investors, and said that large sellers are still active in the market. Contrary to the bearish trend, analysts said there is a growing demand for Ethereum from long-term investors, noting that…

The United States exchange-traded fund sector has become a Doge-eat-Doge world in recent weeks, with several asset managers clamoring to launch spot Dogecoin ETFs. But at least one fund issuer isn’t hopping into the Doge-pile. For cryptocurrency investment firm Canary Capital, the Shiba Inu-inspired meme coin is all bark and no bite. Canary Capital CEO Steven McClurg told Decrypt this week that his firm has no plans to launch a spot Dogecoin ETF, pointing both to the digital currency’s unlimited supply and lack of utility. The company is one of several issuers engaged in a race to ramp up its…