Author: NBTC
Ether’s (ETH) price action is mirroring a pattern seen during the early August bottom, hinting at a renewed bull run ahead. Ether has faced a steep decline of 32%, dropping to $2,770 since mid-December and has lagged significantly behind its larger rival, bitcoin (BTC). The volatility reached new heights on Monday when prices plummeted to nearly $2,000 on several exchanges, only to rebound to $2,700 on the same day, the biggest one-day swing since September 2021 . The dramatic two-way price action resulted in a surge in trading volumes on platforms like Coinbase (COIN) and Bitstamp, hitting levels not seen…
6 February 2025 — Tether Operations Limited, the largest company in the digital asset industry, has signed a groundbreaking Memorandum of Understanding (MoU) with Reelly Tech, one of the leading real estate B2B platforms in the UAE. This marks a significant advancement in the evolution of real estate technology, setting the stage for future innovation in the industry. Through this initiative, over 30,000 local and international agents on Reelly Tech’s platform will be empowered to leverage the power of USDT, streamlining processes and driving efficiency in one of the region’s most dynamic markets. As part of this collaboration, Tether and…
Solayer has postponed the community sale subscription for its token, LAYER, to December 16, 2025, at 10:00 UTC. The community sale for Solayer, a restaking network built on Solana (SOL), has been postponed. Buidlpad, the launchpad managing the sale, tweeted on Dec. 13 that the platform received ’15x the registrations they anticipated,’ citing this as the reason for the delay. Earlier on Jan. 10, the platform announced the launch of the Solayer community sale, which would provide retail investors with the opportunity to sign up to purchase LAYER tokens. We will be postponing the start of the Solayer Community Sale…
Layer 1 blockchains represent the foundational infrastructure of the decentralized digital landscape, serving as the fundamental protocol layers that enable groundbreaking blockchain technologies. These base-level networks form the critical backbone of cryptocurrency and blockchain ecosystems, providing the essential framework for building transformative decentralized applications (dApps) and digital economies. What Are Layer 1 Blockchains? A Layer 1 blockchain is the primary, base-level blockchain network that processes and validates transactions directly on its native blockchain. Unlike secondary layers, Layer 1 blockchains maintain complete autonomy in their consensus mechanisms, security protocols, and transaction validation processes. Key Characteristics of Layer 1 Blockchains Native Cryptocurrency:…
Spot Bitcoin exchange-traded funds experienced a sharp drop in inflows on Jan. 7 as Bitcoin fell 5%, driven by rising expectations of a more hawkish approach from the Federal Reserve. Bitcoin, the world’s largest cryptocurrency, surged past $102,000 yesterday, sparking renewed optimism among investors anticipating a market rally ahead of President-elect Donald Trump’s upcoming inauguration. However, the gains were short-lived as Bitcoin dropped by 5.7% within 24 hours, weighed down by rising U.S. bond yields and investor caution ahead of key economic updates, including the Federal Reserve’s meeting minutes and nonfarm payroll data. The increase in bond yields has fueled…
Ethereum’s price continues its downward trajectory, losing 10% in the past week. With key support levels weakening, analysts are increasingly concerned about a potential drop to $1,200. Meanwhile, Ethereum’s dominance in the blockchain ecosystem faces growing threats from competitors like Solana and the ongoing migration to layer-2 solutions. Ethereum’s price has been trapped in a bearish cycle since failing to break the $4,000 resistance. It has steadily declined, breaching several support levels, including the critical 200-day moving average at $3,000. While ETH recently found support at $2,200 and attempted a rebound, it remains vulnerable as long as it trades below…
Circle CEO Jeremy Allaire believes that the US government should adopt programmable digital dollars (stablecoins) and smart contracts. He shared his views on X after business tycoon Elon Musk accused career Treasury officials of approving fraudulent payments or payments that do not comply with the funding laws passed by Congress. Circe CEO Pitches Stablecoins for US Treasury Funds’ Transparency Elon Musk, who also heads the Department of Government Efficiency (DOGE), made allegations about discrepancies among Treasury officials in handling government funds, sparking widespread discussion among netizens. As a result, renowned X journalist Mario Nawfal weighed in, suggesting that the Treasury…
HeyAnon has launched Automate, a typescript framework designed to foster developer engagement and support a thriving, open ecosystem in partnership with IOTA EVM. AUTOMATE enhances the reliability of complex DeFi operations by leveraging schema-based, deterministic logic to eliminate guesswork and prevent errors in on-chain transactions. HeyAnon, an innovative AI-powered DeFi protocol designed to simplify Decentralized Finance (DeFi) interactions, has announced the release of AUTOMATE, a TypeScript framework for DeFi protocols. In an announcement on X, the team revealed that AUTOMATE aims to act as a blockchain abstraction layer, seamlessly bridging DeFi and Artificial intelligence (AI). 1/ We’re thrilled to announce…
Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, has warned that the biggest stock market crash in history is imminent. He predicts that expensive assets like houses, gold, silver, and Bitcoin will soon go on sale. Kiyosaki’s statements come as the cryptocurrency market faces sharp corrections, attributed to a decline in US stocks like Nvidia and Tesla. Robert Kiyosaki Anticipates Bitcoin Sell-Off Kiyosaki took to social media to reiterate his long-standing predictions, attributing the looming crash to decisions made during the 2008 financial crisis. He claimed that leaders like former Federal Reserve Chairman Ben Bernanke prioritized bailing…
Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum. According to technical analysis by Ted Pillows, Ethereum has printed a capitulation candle in early 2025, just as it did in the first quarter of 2024 and the third quarter of 2023. Capitulation Candles And Ethereum Historical Patterns TedPillows’ analysis highlights that the Ethereum price has undergone three major…