Author: NBTC

Ethereum (ETH), the flagship alternative cryptocurrency, hit a new all-time high of $38 billion in spot volume on Monday, according to data provided by David Lawant, the head of research at FalconX. Bitcoin (BTC) also recorded its third-highest day at $49 billion. The price of ETH collapsed to an intraday low of $2,125 on Monday before recovering to $2,879. The flagship altcoin recorded a stunning 27% candle amid full-blown crypto market mayhem. Notably, US-based spot Ethereum ETFs also saw record-breaking trading volumes on Monday, according to analyst Nate Geraci. According to the data published by SoSoValue, these products attracted roughly…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. President Trump on Saturday issued promised tariffs on three of the US’s biggest trading partners, sending global markets into a tailspin as investors tried to position themselves for a trade war. The higher fees initially were supposed to take effect just after midnight, but the White House said Monday it reached a deal with Mexico to delay the tariffs by one month. Trump also said he has spoken with Canadian PM Justin Trudeau and will do so again at 3 pm ET. Volatility is the name…

The world’s largest cryptocurrency exchange Binance has introduced the seventh altcoin for its Binance HODLer Airdrop program and announced it as Berachain (BERA). Binance later added that it will list Berachain (BERA) on 06.02.2025. “Binance is excited to announce that the seventh project in the Binance Airdrops program is Berachain (BERA). Users who subscribe their BNB to Simple Earn products between 00:00 (UTC) on 22.01.2025 and 23:59 (UTC) on 26.01.2025 will receive the Berachain (BERA) airdrop distribution. Binance will then list BERA on 06.02.2025 13:00 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. Seed label…

A brutal sell-off wiped out weak ETH positions before a massive rebound. With new tariffs, whale moves, and network upgrades, is Ethereum gearing up for a bullish 2025? Table of Contents Diplomatic talks spark ETH recovery Ethereum ecosystem updates Can Ethereum hold its ground? Ethereum price prediction: will the downtrend reverse? Diplomatic talks spark ETH recovery Ethereum’s (ETH) price has had a rough few days, with a sharp drop to $2,150 on Feb. 3, the lowest it has been since September 2024. The decline came as financial markets reacted to new U.S. tariffs, which took effect on Feb. 1. The…

A panel of experts believes 2024 approvals of crypto ETFs were a “watershed moment” for institutional adoption—but “full-throated demand” won’t emerge until regulatory clarity is achieved in the U.S. SkyBridge founder Anthony Scaramucci, CF Benchmarks CEO Sui Chung, and Bullish head of institutional Chris Tyrer gathered at the Digital Assets Forum in London to discuss how “big money is transforming the crypto ecosystem.” It was a discussion chaired by Bloomberg’s Anna Irrera, and the consensus seemed to be that we’re still at an early stage when it comes to Wall Street’s embrace of Bitcoin and blockchains. “Every year it’s like…

This is a segment from the Empire newsletter. To read full editions, subscribe. The days of bullish exchange listings may be over. I spent the morning reviewing price data for every coin listed on Binance and Coinbase since the start of last year. The results are rough. In total, there were 84 new listings across both exchanges — 45 on Binance and 40 on Coinbase. As of this morning, only 12 of those listings have increased in value from their initial trade price on either platform. On the chart below, each circle represents a different coin listing, starting on the…

Economist and trader Alex Krüger is leaning bullish on Bitcoin (BTC) even as the flagship crypto asset hovers around 14% below the all-time high. In a new episode of the Unchained podcast, Krüger says that Bitcoin has more upside potential and is not even “remotely” close to the cycle top. According to the economist and trader, the approval of spot Bitcoin exchange-traded funds (ETFs) in January of 2024 could result in the crypto king no longer following the usual four-year cycles that revolve around the halving. “I think that what happened is the introduction of the ETF and the flows…

Ethereum’s value against Bitcoin has plummeted to its lowest level in over four years amid shifting institutional preferences and technical challenges. The ratio now stands at 0.028,per data from RatioGang, having dropped as low as 0.027 in the past day—indicating just how far Ethereum is currently underperforming relative to Bitcoin. Over the past month, Ethereum has declined by approximately 13.8% against Bitcoin. The ratio’s gradual decline has tumbled more than 70% since September 2022. Despite this, a “mildly positive sentiment” for ETH in the medium to long term can be seen, Sean Dawson, head of research at Derive.xyz, told Decrypt.…

President Donald Trump says Elon Musk has no power to stop federal Treasury payments on his own, despite Elon having full access to the government’s sensitive financial systems. Speaking from the Oval earlier today, Trump addressed rumors that Elon’s D.O.G.E (Department of Government Efficiency) was blocking payments. “Elon can’t do and won’t do anything without our approval,” the president told reporters. “If something didn’t have my OK, you’d hear about it real fast.” Elon gained access to the Treasury’s payment systems after David Lebryk, the top career official responsible for managing federal disbursements, resigned last week. The system Elon now…

Cardano Foundation has flaunted the enhancements to the Aiken programming language. Aiken now removes key bottlenecks impacting developer productivity. The Cardano Foundation (CF) recently highlighted the evolution of Aiken, a modern programming language on the Cardano blockchain. The Foundation noted that Aiken has transformed into a powerful platform that is reshaping smart contract development on the Cardano blockchain. Aiken Ready for Broader Adoption As previously mentioned in our report, Aiken seeks to provide smart contract development and an optimized developer experience. The programming language is built with innovative features that satisfy developer expectations, such as seamless integration with other tools.…