Author: NBTC

Binance Netflow SMA14 has become negative for the first time since December 25, 2024, and is a significant sign in the Bitcoin market. According to Burakkesmeci, an experienced cryptocurrency analyst who has been observing this trend, it is very important. Binance Netflow SMA14 Turns Negative“Both metrics confirm that investor behavior on Binance is leaning toward accumulation. This trend strongly supports the case for upward movement in Bitcoin’s price over the short term.” – By @burak_kesmeci Link 👇https://t.co/jSkRZ2TjLk pic.twitter.com/Rau37VjBQN — CryptoQuant.com (@cryptoquant_com) January 7, 2025 In the last 90 days, Netflow SMA14 has shown positive values when short-term selling stress occurred,…

Ethereum (ETH) price is struggling to reclaim the $3,000 level as bearish momentum continues to weigh on its recovery. The RSI remains neutral, failing to break above 50 since February 1, indicating that buying pressure has yet to strengthen significantly. Meanwhile, the Directional Movement Index (DMI) shows that ETH is still in a downtrend, though selling pressure has started to ease slightly. With short-term EMAs still below long-term ones, ETH remains at risk of further declines unless momentum shifts in favor of the bulls. ETH RSI Failed to Break Above 50 Since February 1 Ethereum’s Relative Strength Index (RSI) is…

For years, Ripple funded Central Bank Digital Currency (CBDC) initiatives aimed at using its XRP Ledger (XRPL) for inter-central bank settlements. However, while the company once hoped that US Democrats like Kamala Harris would help bring its technology into the largest central bank of them all — the US Federal Reserve — it swiftly downplayed this stance during the closing stages of Donald Trump’s second successful run for president. Ripple’s CBDC initiatives date back to 2015, and it continued pushing for them through mid-2024. Indeed, as recently as June last year, Ripple.com was prominently featuring CBDCs on the “Solutions” tab…

As Bitcoin (BTC) hits its lowest level since mid-November, major meme cryptocurrencies are on the list of the worst performers in the last 24 hours. Meanwhile, the liquidation tsunami erased over half a billion in crypto positions. Meme coins PENGU, AI16Z posted double-digit losses today In the last 24 hours, the segment of meme cryptocurrencies lost 8.8% of its market cap. Pudgy Penguins (PENGU), a token associated with the eponymous NFT drop, dropped by 11%, while AI-agents-themed meme crypto AI16Z erased 15.4% of the market cap. Ai16Z (AI16Z), a meme coin of an AI-governed DAO, is the worst sufferer in…

A growing number of global companies are turning to blockchain technology and other emerging technologies to improve the efficiency of their operations, with operators in the transportation and maritime sectors leading the charge. Railway operators in Japan, France, and Indonesia are doubling down on new ticketing technology, focusing on facial recognition and blockchain. A diverse group of operators are establishing their presence in the emerging technology ecosystem by incorporating QR codes, artificial intelligence (AI), and near-field communication (NFC) technology in the transportation sector. SNCF, France’s national rail operator, has rolled out a series of tests involving blockchain-based digital IDs for…

Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub, wrote in a Jan. 8 research note. According to crypto analyst Markus Thielen, the tightening comes after a stronger U.S. dollar following the Trump re-election, and historically, shifts in global liquidity tend to affect Bitcoin’s (BTC) price about 13 weeks later. As liquidity tightens, Bitcoin could enter a consolidation phase, Thielen warns, noting that this usually happens when dollar-denominated liquidity…

Ethereum experienced one of the most aggressive sell-offs in its history on Monday, plunging 25% in a single day amid market-wide panic. The rapid decline sent shockwaves through the crypto space, marking one of the most volatile trading sessions ever recorded for ETH. However, within hours, the price rebounded, erasing nearly the entire drop and stabilizing above key support levels. Despite this swift recovery, Ethereum now faces serious risks as it trades slightly below a crucial resistance level, leaving investors uncertain about its next move. Top analyst Daan shared a technical analysis on X, revealing that both Bitcoin and Ethereum…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. With the recent confirmation of Scott Bessent as US Treasury Secretary, we’ve received the first quarterly refunding announcement under his leadership. Much has been written in the past year about the potential politicization of the composition of debt being issued by Treasury and how that could impact markets. As seen below, the proportion of bills that have been issued compared to coupons has skyrocketed. Historically, this type of maneuver has been kept for times of crisis when Treasury needs to raise a lot of money very…

Frog-themed meme coin PEPE seems to be back on whales’ radar with 480 billion tokens snapped up within hours. According to on-chain data analytics platform Spot On Chain, two crypto whales have made significant moves on the PEPE token, raising questions about whether a PEPE rebound could be in the works. According to Spot On Chain, whales are currently accumulating PEPE. In recent hours, a new whale, “0x8f5,” withdrew 280 billion PEPE, valued at about $5 million, from Binance. Whales are accumulating $PEPE!1/ New whale “0x8f5” withdrew 280B $PEPE ($5M) from #Binance 4 hours ago. Additionally, the whale accumulated 47.4M…

Over the past week, there has been a significant amount of controversy directed at the newly established Department of Government Efficiency (DOGE). Although opinions remain divided regarding its operations, artificial intelligence (AI) and blockchain technology will likely be employed to better optimize government spending on a permanent distributed ledger system. A Look at How DOGE Could Unleash AI and Blockchain to Rein in Federal Waste Just last month, DOGE was created via an executive order signed by U.S. President Donald Trump on Jan. 20, 2025. Many who have followed Trump and Elon Musk, the current head of DOGE, understand that…