Author: NBTC
Bitcoin is trading at $96,156 with a market cap of $1.90 trillion, a 24-hour trade volume of $64 billion, and an intraday range of $89,164 to $97,328, reflecting mixed signals across technical indicators and timeframes. Bitcoin The daily chart shows bitcoin in a downtrend, with the price declining from a peak of $108,364 to a low of $89,164. Recent bullish attempts are weak, as evidenced by moderate buying volumes compared to high selling volumes during the decline. Entry above $98,000 may be considered if stronger buying momentum emerges, but cautious positioning remains essential given the broader trend. BTC/USD 1D chart…
eToro and WisdomTree teamed up to introduce a new portfolio that aims to simplify access to a diversified commodity basket. This ETF includes a mix of agriculture, energy, precious metals, and industrial metals, creating a well-balanced allocation. Dubbed WisdomTree-Comm Smart Portfolio, the new offering reportedly gives eToro users access to 24 commodities through the WisdomTree Enhanced Commodities UCITS ETF, comprising 80% of the portfolio. According to the company, the remaining 20% of the portfolio is rebalanced monthly with four single-commodity exchange-traded products (ETPs). These are reportedly selected from a pool of 13 commodities based on momentum, roll yield, and low…
After serving as one of the best trends in 2024, crypto airdrops continue to offer investment opportunities for investors this year. Several projects are launching airdrops this week to engage communities and reward early adopters. Here’s a look at the most anticipated airdrops for the fourth week of January 2025. Derby Race This GameFi project on the Soneium mainnet is currently hosting an airdrop during its Pre-Season phase, which began on January 14, 2024. Players can earn RacePoints through various in-game activities, with these points convertible into RACE tokens following the Token Generation Event (TGE). This airdrop rewards players for…
Arkham Intelligence announced the integration of Mantle data on its blockchain analytics platform. The company shared the update on X, stating, “Mantle data is now LIVE on the Arkham platform, as part of our partnership with Mantle.” About Arkham Intelligence & Mantle’s Partnership This partnership enables Mantle users to leverage Arkham’s tools for improved portfolio tracking, fund flow tracing, and real-time alerts. Highlighting the platform’s features, Arkham stated, “Mantle users can now track their personal portfolio and trading performance, trace fund flows from important Mantle entities, and receive real-time alerts about notable activity on Mantle.” Arkham users can also access…
Bitcoin, which fell sharply last night to below $90,000, recovered just as quickly and the price rose above $96,000. Singapore-based crypto analytics firm QCP Capital claimed that Trump is behind the rise in Bitcoin. Analyzing the reasons for the sudden decline and rise in Bitcoin, QCP analysts said that the markets gave up on interest rate cuts and started to adapt to the continuation of a long-term high interest rate environment, and that the decline was negatively affected by interest rate expectations. At this point, analysts stated that the markets are no longer pricing in an interest rate cut until…
The world’s largest crypto exchange, Binance, just experienced a mass exodus of Ethereum (ETH). According to a report from Whale Alert, 24,600 ETH, worth about $78.12 million in current prices, just left the exchange in a single tranche to an unknown destination. The recipient wallet, with the address “0xe9b,” that received these millions in the major altcoin is unknown to Whale Alert’s database. However, Arkham’s more sophisticated data identifies this address as StakeStone — a liquidity-providing protocol that operates within the Berachain ecosystem and allows Bitcoin and Ethereum to be staked in an optimized manner. Maybe this was just a…
Today, the hot topic on the cryptocurrency market is Donald Trump’s inauguration. In addition, the memecoins that Trump and his wife have released and the rise they have experienced are also being talked about a lot. At this point, while the launch of memecoins named TRUMP and MELANIA attracts attention, an investor earned $47.5 million from his MELANIA investment. According to Lookonchain’s post, an investor created 2 wallets to buy MELANIA and earned $47.5 million! 7Aud…KnVR wallet spent 2,100 SOL (worth $560k) to buy 1.52 million MELANIA. The investor who then sold all of his MELANIA tokens for 46,453 SOL…
Swell has announced its trailblazing partnership with LIFT, aimed at merging artificial intelligence (AI) and Web3. this collaboration promises to redefine real-time intelligence for developers, businesses, and content creators. Through this strategic alliance, LIFT’s state-of-the-art AI technology is providing scalable and streamlined decentralized solutions to various industries. Both partners, by joining hands, strive to focus on real-time data extraction with AI-driven insights. Moreover, this collaboration unveils new opportunities to revolutionize the future of gaming, decentralized ecosystems, and content creation. Swell, a decentralized solution provider, has witnessed the partnership via its official X account. Swell Utilizes LIFT’s Advanced AI-Powered Solutions Swell…
Donald J. Trump won as the 47th POTUS and ushered in quite a Bitcoin and stocks rally. Now, that rally has met unforeseen problems. According to data from IntoTheBlock, there has been a significant drop in the amount of Bitcoin held by short-term traders. Per on-chain data, short-term BTC reserves have reached the lowest point since mid-November 2024. Analysts attribute this to reduced interest from speculative traders. Also, there is a decline in new market entrants. The trend also suggests the market is consolidating as investors await clearer price movement signals. In addition, several traders on social media have pointed…
A significant activity is noticed in the decentralized finance (DeFi) ecosystem on Polygon. In the Polygon ecosystem, Uniswap ($UNI) emerges as a leading decentralized application (dApp) by weekly volume. As per the data shared by DappRadar, Uniswap has surpassed $514 million in weekly transactions past week, securing the weekly top position of decentralized applications (dApps). This advancement has strengthened Uniswap’s position as an emerging DeFi platform on the network. TOP #POLYGON DAPPS BY WEEKLY VOLUME #Uniswap #QuickSwap #Polymarket #ParaSwap #1inch #WOOFi #Balancer #Odos #Primex #GammaStrategies pic.twitter.com/DouUIeoVBK — PHOENIX – Crypto News & Analytics (@pnxgrp) January 28, 2025 QuickSwap ($QUICK) and…