Author: NBTC
Ethereum’s Supply on Exchanges Hits Record Low Ethereum’s exchange supply has dropped to an all-time low, with only 6.38% of the total ETH supply remaining on trading platforms. The majority of ETH is being transferred to cold wallets, a sign of strong accumulation. Historically, a shrinking exchange supply indicates potential for bullish momentum, as fewer tokens are available for immediate sale. ETH Price Consolidation Signals an Upcoming Breakout ETH is currently trading between $2,500 and $2,750, consolidating within a key price range. This sideways movement suggests that traders are positioning for a significant move, with many anticipating an upcoming breakout.…
Brad Garlinghouse, Ripple’s chief executive officer, has stated that he is “excited” for 2025. “Excited for the year ahead! Momentum and increased focus on real world utility continues to build,” he said on social media earlier today. Ripple’s big 2024 It is worth noting that 2024 was a landmark year for Ripple despite the company’s legal battle with the SEC. In February, it announced the acquisition of Standard Custody in order to obtain a much-coveted US charter. In April, Ripple announced its foray into the stablecoin sector, aiming to chip away at the market dominance of such major players as…
According to Fox Business reporter Eleanor Terrett, the proceedings in the Ripple case are more complex compared to Coinbase. This is because they already have an order from Judge Torres at the district level to pay the $125M penalty, she noted. Will SEC Drop Appeal At Second Circuit? She noted that Judge Torres will oversee the case until August 7, 2025, to ensure the penalty is paid. Besides, she also noted shared that the SEC might decide to drop the appeal at the Second Circuit, but they’ll still need to figure out how to handle the penalty ruling in the…
Cardano founder Charles Hoskinson has outlined a strategy to secure the network in a post-quantum world. In a Feb. 20 broadcast, he emphasized the urgency of adapting blockchain systems as quantum computing advances. Hoskinson’s comments come as he praises Microsoft’s Majorana 1 quantum chip. The Cardano founder said the technology is one of the most significant advancements in quantum computing history Microsoft CEO Satya Nadella described the chip as small enough to fit in the palm of a hand yet capable of solving problems beyond the reach of all the world’s current computers. Cardano’s plan for Quantum security Hoskinson stated…
Sunday has been a rollercoaster for bitcoin prices, with the top crypto asset dipping to a low of $92,941 per coin. The whole crypto market took a hit, dropping by 1.61%, while BTC itself lost 1.42% in the last 24 hours. Cryptoquant Data Shows Bitcoin’s Sell-Side Liquidity Plunged to 6.6 Months Bitcoin hit a low of $92,941 by 5:30 p.m. ET on Sunday, and after the drop, it attempted to bounce back above $93,000 per coin. The day before, at 5 p.m. ET on Saturday, BTC was floating comfortably above $95,000, precisely at $95,529 per unit. With the holidays, BTC’s…
Ethereum (ETH) has been struggling to regain bullish momentum after briefly turning positive amid the Solana meme coin controversy. While that initial push hinted at a stronger uptrend, it failed to gain traction, leaving ETH stuck in a consolidation phase. Now, Ethereum is attempting to reclaim the $3,000 level as it recovers from a nearly 18% drop over the last 30 days. With technical indicators still showing mixed signals, ETH remains at a pivotal point where a decisive breakout or breakdown could shape its next major move. ETH RSI Has Been Neutral For 16 Days ETH RSI is currently at…
The Federal Reserve might be forced to cut interest rates if president Donald Trump’s tariffs push inflation higher. Officials at the Fed held rates steady in January, but the new meeting minutes released on Wednesday showed some serious concerns about Trump’s latest tariff threats on cars, semiconductors, and pharmaceuticals. The Federal Open Market Committee (FOMC) agreed that trade policies could keep inflation above the central bank’s 2% target, delaying their plan to ease monetary policy. Speaking to reporters on Tuesday, president Trump said he’s considering a 25% tariff on key imports, a move that could hit supply chains and drive…
In a bold maneuver that has caught the attention of the crypto community, rektdolphin.eth—a prominent Ethereum wallet—executed a major token swap three hours ago. The wallet exchanged its entire 62 billion PEPE tokens, valued at $1.2 million, for 4.23 million Kekius Maximus ($KEKIUS) tokens. This significant trade signals strategic positioning in the highly volatile meme coin market. rektdolphin.eth exchanged all 62B $PEPE($1.2M) for 4.23M $KEKIUS 3 hours ago.https://t.co/CckbWoz83V pic.twitter.com/RUyGfXHpY6 — Lookonchain (@lookonchain) January 1, 2025 Blockchain data reveals that rektdolphin.eth initiated a series of transactions on the Uniswap V3 platform to exchange all 62 billion PEPE tokens for Kekius Maximus.…
Staking should potentially be added to the menu for crypto exchange-traded funds (ETFs), a bipartisan group of U.S. senators argued in a letter to the Securities and Exchange Commission (SEC) on Thursday. Issuers of crypto ETFs had originally planned to include the staking feature in their fund offerings, but the SEC, under its past leadership, had balked at the idea. The agency, run by Chair Gary Gensler until the administration of President Donald Trump arrived last month, had previously pursued enforcement actions against firms such as Kraken, arguing staking amounted to an unregistered securities offering. The senators’ letter — backed…
The “Digital Entertainment City Namba” will be the world’s first smart city integrating AI, XR and DePIN. Mawari will deploy edge computing and rendering devices across Nankai’s properties for decentralized streaming. Nankai Electric Railway rail network spans over 100 stations across multiple lines in Japan. In a groundbreaking collaboration, Mawari, a leader in spatial computing and decentralized physical infrastructure networks (DePIN), has partnered with Nankai Electric Railway Co., Ltd., Meta Osaka Co., Ltd., and e-stadium Co., Ltd. to create the “Digital Entertainment City Namba.” This ambitious urban development project, set to unfold in Osaka, Japan, promises to be the world’s…