Author: NBTC
The world’s largest cryptocurrency, Bitcoin (BTC), has experienced a sharp decline, falling from $83,000 to below $80,000, down nearly 3% in just a few hours. At the time of writing, BTC is trading at $79,600, down 3.93% on the day. Chart showing the decline in BTC price in the last 24 hours. The sudden drop comes amid a broader risk-off sentiment and ongoing liquidity shifts in global markets ahead of Wall Street’s opening bell, after BTC showed resilience when markets across the board were slumping following the U.S. tariff announcement last week. Over $390 million worth of crypto positions were…
A big week for NFTs as CryptoPunks maintained their leadership in digital collectibles. During the past seven days, CryptoPunks sold for more than $1.2 million through ten specific sales, as reported by Phoenix Group. These outstanding statistics represent both the financial worth and cultural appeal of these NFTs while showing continued popularity despite Web3’s maturity phase. TOP #NFT SALES IN THE LAST 7D Among the largest sales in the last 7D are:#CryptoPunksLargest Sale: CryptoPunk #3873 – $260.13K pic.twitter.com/p8J86dFv7H — PHOENIX – Crypto News & Analytics (@pnxgrp) April 20, 2025 CryptoPunk #3873 Tops the Charts with $260K Sale The CryptoPunk #3873…
The Ethereum price has stabilized above the support at $1,400 and below the resistance at $1,700 or the moving average lines. Ethereum price long-term analysis: bearish The price movement has stagnated above $1,500 since April 11, as Coinidol.com wrote before. The presence of doji candlesticks indicates that traders are uncertain about the direction the market will take. The 21-day SMA barrier and support at $1,400 have limited the cryptocurrency’s upside and downside moves. On the upside, Ether will regain its positive momentum if it rallies and breaks above the 21-day SMA barrier, the bullish momentum will extend to the high…
Another XRP price glitch has surfaced, this time on live American TV, with the value of the altcoin suddenly soaring to tens of thousands. XRP has been the subject of multiple price glitches over the past few years, but this trend seemed to have paused in Q4 2024 and Q1 2025. Interestingly, a recent re-occurrence has taken the XRP community by storm, especially considering the rate of change and the potential audience reach. This week, amid the market recovery that began on Sunday, cable news channel Real America’s Voice presented an outlook on the cryptocurrency market during the American Sunrise…
Richard Kim, the founder of crypto casino Zero Edge, was arrested on Tuesday following allegations that he had gambled away investors’ funds. According to an FBI complaint filed on Tuesday in the Southern District of New York, Kim “fraudulently induced investors to invest in Zero Edge, a cryptocurrency technology company he founded, and then misappropriated millions of dollars in those investors’ funds.” The FBI said Kim lost 3.8 million of his investors’ funds and charged him with securities fraud and wire fraud. According to court records, Kim posted a secured bond of $250,000 and put up $100,000 in “cash or…
Binance just ignited a compliance revolution in India’s crypto market, enforcing full KYC re-verification to tighten security, align with AML laws, and redefine user accountability. Binance Triggers Full KYC Lockdown in India Crypto exchange Binance announced a policy update on April 18 mandating know your customer (KYC) re-verification for all users in India, regardless of when they joined the platform. The notice follows a broader push to comply with India’s anti-money laundering (AML) regulations and comes as Binance looks to reinforce account security standards across the board. The exchange detailed the legal and regulatory basis for the decision, underscoring its…
Bitcoin’s price receded by 2.6% today, dipping below the $81,000 mark in a subtle yet thought-provoking shift. This pullback may serve as a cryptic overture to Monday’s Wall Street open, stirring quiet apprehension among market participants. Market on Edge: Bitcoin Retreats as Global Liquidity Clouds the Outlook On April 6, bitcoin’s valuation declined, landing at $80,538 per unit after sliding from its recent high of $83,668. The premier digital asset saw its 24-hour trade volume contract to $14.16 billion—a 17% reduction. The day’s most active trading unfolded on platforms such as Binance, Bybit, OKX, Bitget, and Crypto.com, in that order.…
Old-school commodity trader Peter L. Brandt, who has been in the business since the mid-1970s, has stirred the crypto community with his recent tweet, where he predicts Ethereum to nosedive to a 2022 low of $800. ETH to revisit $800, Peter Brandt predicts Brandt shared a chart, which clearly demonstrates the way he expects Ethereum price trajectory to go from the current trading point. The chart shows a descending triangle pattern which usually predicts further and deeper price declines. Over the past year, the second largest cryptocurrency has already displayed a massive 46% decline. Since Wednesday, when ETH crashed by…
Over $9.9B in Litecoin whale transactions sparks speculation of a bullish reversal if LTC breaks the $100 barrier. Institutional interest and ETF chatter fuel optimism, but market remains cautious as whale activity rises. In a remarkable display of activity—similar to CNF’s 2024 coverage on Litecoin whales making big moves—Litecoin (LTC) has recently seen a significant surge in large-scale transactions within the past 24 hours. According to data from IntoTheBlock, transactions exceeding $100,000 have collectively amounted to 107 million LTC, equivalent to an impressive $9.99 billion in value. This uptick highlights renewed interest from major investors, commonly referred to as “whales,”…
While a favorable ruling could expedite the resolution of Ripple’s long-standing legal battle with the SEC, any delays or unfavorable outcomes could prolong the case until 2027. XRP’s price has climbed over 20% in the past week, surpassing $2, with analysts suggesting it may enter a bullish Wave 5 pattern. The struggle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its end, which has been going on for more than five years in courtrooms. Thus, Ripple is now pushing for a significant judicial clarification that could reshape its future business trajectory and influence overall crypto…