Author: NBTC
Bitcoin continues to command the spotlight with its current price positioned at $92,454, supported by a market capitalization of $1.83 trillion and a 24-hour trading volume of $37.01 billion. The intraday price action showcased volatility within the range of $91,809 to $94,700, emphasizing both opportunity and caution for traders navigating these movements. Bitcoin The one-hour chart presents a micro-bearish structure in bitcoin, initiated by a rejection at the $94,700 level. This high marked a pivot point, triggering a decline that retested support at approximately $91,700. Following this, a modest rebound occurred, hinting at transient accumulation. However, the pattern of lower…
Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, believes Ethereum continues to hold a strong product-market fit as the “world computer” of the decentralized economy. In a recent statement, Gluchowski emphasized that while decentralized versions of platforms like Nasdaq and SWIFT may emerge, Ethereum remains the true foundation and moat for the Internet of Value. According to Gluchowski, Ethereum’s credible neutrality is its core strength. He stressed that as long as Ethereum maintains its position as a secure, neutral base layer, value will flow directly or indirectly into ETH. ZKsync创始人：若以太坊保持“世界计算机”地位，价值将直接或间接流向ETHZKsync创始人兼Matter Labs首席执行官Alex Gluchowski发文表示，以太坊是世界计算机（World Computer），仍具有产品与市场契合度，下游有“去中心化纳斯达克、SWIFT”，但以太坊网络才是真正的护城河。… https://t.co/SHR2cptDLV — PANews (@PANewsCN) April…
Bitcoin’s recent rally has confirmed a key bullish pattern, providing further optimism for the coin’s price trajectory. Whales are actively accumulating, and the demand from Bitcoin Exchange-Traded Funds (ETFs) has surged, both of which are fueling Bitcoin’s rise. With significant inflows from the ETF market, Bitcoin is poised to reach new highs in the near future. Bitcoin Whales Accumulate Heavily Whale activity remains a key driving force behind Bitcoin’s price rise. According to the trend accumulation score, investors holding over 10,000 BTC are showing a near-perfect accumulation score of 0.9, signaling strong optimism among large investors. This accumulation suggests whales…
Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend that began after the sharp recovery from $1,550 that kicked off on Tuesday. As it stands, the Ethereum price is at an important technical phase after retesting the $1,799 resistance level and pulling back into its final intraday support zone. A fresh push above $1,800 could open the door to $1,840 and beyond, whereas deeper retracements would test three important zones. Ethereum Turns Resistance Levels Into Support Ethereum’s recent rally has seen it break past…
TRUMP, the official Solana meme coin of President Donald Trump, is deep in the red Thursday after skyrocketing in value Wednesday as crypto traders vied for an opportunity to attend an exclusive dinner for top holders. The coin is down 18% over the last 24 hours to a current price of $11.81, according to data from CoinGecko, showing a substantial dive over the last day. The price fell to about $12 by the end of the day on Wednesday, and then has continued to hover above and below that mark so far on Thursday. The price of TRUMP surged as…
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) amid a rally of over 10% by the crypto king since the 2025 low reached earlier this month. In a new strategy session, Svenson tells his 82,800 YouTube subscribers that Bitcoin is looking bullish after the Relative Strength Index (RSI) indicator broke out of a downtrend on the crypto king’s weekly time frame. The RSI is a momentum oscillator used to determine oversold and overbought conditions. “Bitcoin has now seen yet another weekly RSI breakout. This is one of the most bullish signals that we’ve seen over the past,…
Solana co-founder Anatoly Yakovenko has opined that Ethereum (ETH) will not necessarily be able to replicate the success of XRP. “Just because something irrational happens in the world, it doesn’t imply that it will also happen to you, or you can make it happen,” he said in a social media post on X. This comes after Omid Malekan, an adjunct professor at Columbia Business School, stirred up a debate about cryptocurrency valuation. He opined that it was “maddening” how Ethereum’s abysmal performance often gets attributed to falling fundamentals without addressing sentiment-driven cryptocurrencies like XRP. Malekan pointed to the fact that…
The crypto market appears to be finding its footing again after a rough patch that included major events like the Terra collapse and significant downturns. According to analysis by Crypto Christopher, an analyst, Bitcoin recently surged back to the $92,000 level has reignited market optimism. With this momentum, now is a prime time to look at altcoins that could perform well in the coming bull market. While volatility remains, the opportunity is still alive, and certain altcoins stand out as potentially strong performers. Ethereum: A Generational Opportunity Ethereum is still a top pick because it’s essential to DeFi, Web3 development,…
Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday. “Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote. Bitcoin miners that are dependent on older or less-efficient rigs are faced with higher exposure to these tariffs, the report said. Core Scientific (CORZ) is “better insulated, as it transitions to HPC,” the authors wrote, adding that Bitdeer (BTDR), which…
Bitcoin whales are fueling the recent bullish rally, with on-chain data showing massive accumulation trends among large Bitcoin holders. The prominent on-chain analytics firm Glassnode highlighted this trend in an X post on Thursday. According to the firm, different calibers of large Bitcoin holders have been on a buying spree and have contributed immensely to the recent uptick. For context, Bitcoin has surged by over 8% since the start of this week and is on track for its largest single-week bullish candle since November. The uptick has contributed to the broader market rebound, with the global crypto market cap nearing…