Author: NBTC
Ethereum shows promising signs of experiencing a parabolic price pump soon. Historically February has been a good month for ETH price pumps. ETH could hit a new ATH of $5,000 and higher soon. The crypto market enters February 2025 with stronger bullish expectations despite the fact that the Crypto Fear & Greed Index has fallen to a score of 68 pointing to ‘Greed’ over yesterday’s ‘Extreme Greed’ sentiment. The dip may be due to BTC price falling to $102,000, however, the bullish sentiment comes from Ethereum’s price and its pump potential this month. February Historically a Favorable Month for ETH…
Grayscale Litecoin Trust is reported to have raised $2.3 million from 242,900 shares in a private placement, sending the issued and outstanding to 24.1 million. Analysts have predicted that LTC could stage a parabolic run to hit $150 after it successfully breaches a crucial resistance level at $126. A private placement of 242,900 new shares has been announced by Grayscale Litecoin Trust, with a total of $2.3 million raised by the crypto investment vehicle, according to reports. Fascinatingly, this forms part of the private placements to accredited investors with the latest issuance recorded on January 9, 2025. Based on an…
A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC) worth just over $600 to an Islamic State affiliate in Syria is set to be released from remand prison after a court acceded to his bail application. According to a local report, a Lichtenburg magistrate ruled that the state had failed to prove that Ziyadh Hoorzook was a flight risk. However, the magistrate…
Binance has faced criticism over the years regarding its token listings and the impact on token prices post-listing. In response to growing concerns, Binance co-founder He Yi recently acknowledged the issues surrounding price surges after listings and disclosed that the exchange is planning changes to its listing policies. Binance co-founder acknowledges issues with token price surges after listingsBinance co-founder He Yi said in a Spaces session on X that the exchange will adjust its listing rules based on market conditions and require listed projects to update their information, Odaily… — CoinNess Global (@CoinnessGL) February 3, 2025 During a recent session…
The latest data on Bitcoin’s Accumulation Trend Score suggests a significant shift in the market behavior of Bitcoin ($BTC). According to the chart shared by @ali_charts on January 8, 2025, the trend indicates a movement toward distribution rather than accumulation. This could signal a potential shift in investor sentiment, with market participants no longer showing signs of accumulating the cryptocurrency at the current price levels. The Accumulation Trend Score is closer to 0, indicating market participants are distributing or not accumulating #Bitcoin $BTC! pic.twitter.com/miRGXwISvX — Ali (@ali_charts) January 10, 2025 The Accumulation Trend Score (ATS) is a technical indicator that…
Donald Trump is set to return to office on Monday, January 20. In anticipation of the new regime, crypto degens are using Solana meme coins to gamble on who the 47th President of the United States will pardon. Betters on Polymarket, a crypto prediction market, rank Ross Ulbricht, the founder of online black market Silk Road, as the most likely single person to receive a pardon from Trump at 74%. This comes months after the Republican pledged to pardon Ulbricht once in office. Unsurprisingly, the Silk Road founder obviously welcomed the news. As such, a spree of Solana meme coins…
1inch’s Investment Fund has been actively acquiring major cryptocurrencies, purchasing a total of $25.44 million in assets over the past 20 hours. This aggressive move includes a substantial buy of 7,289 Ethereum ($ETH), valued at approximately $20.43 million, and 52.072 Wrapped Bitcoin ($WBTC), amounting to $5 million. The strategic purchases come as part of the fund’s continued bullish outlook on these digital assets, despite ongoing market fluctuations. 1inch’s Investment Fund bought 7,289 $ETH ($10.44M) and 52.072 $WBTC ($5M) in the past hour!Over the past 20 hours, the fund has spent a total of $25.44M to buy:• 7,289 $ETH at an…
North Dakota lawmakers introduced a House Concurrent Resolution (HCR) on Jan. 7, encouraging the State Treasurer and the State Investment Board to include digital assets and precious metals in the state treasury’s portfolio to hedge against inflation. Six Representatives and two Senators sponsor the HCR3001, all Republican: Rep. Nathan Toman, Rep. Matthew Heilman, Rep. Jared Hendrix, Rep. Daniel Johnston, Rep. SuAnn Olson, Rep. Todd Porter, Sen. Jeff Barta, and Sen. Bob Paulson. The resolution includes the state general fund, budget stabilization fund, and legacy fund. Lawmakers aim to future-proof the state’s financial resources against inflation and other uncertainties by encouraging…
The price of Ethereum (ETH) has shown some significant change in the past day rising by 1.86%. However, according to trading data from CoinMarketCap, the popular altcoin has recorded negative growth since December 2024 despite some significant gains in the past month. Interestingly, underlying market activity points to a potential price breakout. Ethereum Sees Strong Accumulation Activity Amid Price Dip Ever since touching the $4,000 price mark, Ethereum has slipped into a downtrend falling as low as $3,000. Amidst notable gains by Bitcoin in January, Ethereum continues to struggle hitting consistent lower lows during this period. However, a CryptoQuant market…
This is a segment from the Empire newsletter. To read full editions, subscribe. Crypto is a creature of extremes. Look no further than the major narratives right now. AI agents and memecoins are almost completely virtual. DePIN, meanwhile, derives practically its entire value proposition from very physical networks of hardware. In the real world. So, you can’t fault Helium — the decentralized wireless carrier powered by Solana — for teaming up with DAWN to expand both their networks, together. The pair have struck a partnership to allow Helium hotspot operators to serve DAWN broadband internet, and vice versa, to create…