Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Market pressure and early exhaustion signs in Ethereum crypto today

EthereumJan 31

The market is under clear risk-off pressure, and Ethereum crypto today is reflecting heavy selling in an environment dominated by fear and elevated volatility. $ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Daily Chart: Main Scenario and Bearish Bias Daily (D1) – Macro Bias and Structure Price vs EMAs (Trend Structure) RSI (Momentum & Stretch) MACD (Momentum Trend) Bollinger Bands (Volatility & Positioning) ATR (Volatility Regime) Daily Pivot Levels (Reference Zones) 4H/1H Context – Momentum vs Exhaustion 1H EMAs (Short-Term Trend) 1H RSI (Intraday Momentum) 1H MACD (Intraday Momentum) 1H Bollinger Bands & Volatility 1H ATR and Pivot 15m…

Macroeconomic Uncertainties Hit Bitcoin and Ethereum Spot ETFs Too! Massive Outflows Accelerated! Here Are the Details

RegulationJan 31

Outflows from spot Bitcoin and Ethereum exchange-traded funds (ETFs) traded in the US have accelerated. As institutional investors seek to reduce risk due to macroeconomic uncertainties, the total outflow from the two assets has reached nearly $1 billion. According to SoSoValue data, spot Bitcoin ETFs recorded a net daily outflow of $708.7 million on Wednesday. This figure marked the highest single-day outflow in the last two months. The largest outflow among Bitcoin ETFs was seen in BlackRock’s IBIT fund, with $356.6 million, while Fidelity’s FBTC fund also saw a negative outflow of $287.7 million. Four other funds also reported negative…

ETH Faces Downside Pressure as Vitalik Funds $43 Million in Long-Term Development

EthereumJan 31

Ethereum continues to trade under visible short-term pressure, with technical indicators, derivatives data, and spot flows pointing to a cautious market stance. On the 4-hour chart, $ETH/USD remains structurally weak after losing key Fibonacci support levels. Besides chart signals, recent disclosures from Ethereum’s leadership have added another layer to market focus. Bearish Structure Defines Short-Term Price Action Ethereum trades firmly below the Ichimoku cloud, which confirms ongoing bearish momentum. The Tenkan-Sen and Kijun-Sen slope downward and continue to cap upside attempts. Hence, every rebound faces immediate selling pressure rather than sustained follow-through. Immediate support sits near $2,682, which aligns with…

DXC and Ripple Partner on Banking

RegulationJan 31

DXC Technology, an enterprise IT services provider, has announced a strategic partnership with Ripple, a blockchain-based financial technology company. The collaboration is aimed at helping banks deploy digital asset custody and payment services at enterprise scale. The partnership focuses on integrating digital asset capabilities into existing banking environments without disrupting core systems. As regulated institutions increase interest in blockchain-based services, the joint solution is designed to simplify access to custody, tokenization, and programmable payment technologies while maintaining compliance requirements. The partnership leverages DXC’s Hogan core banking platform. By integrating Ripple’s custody and payments infrastructure, Hogan clients gain a direct path…

Ethereum price breaks down from consolidation near $2,800 as spot ETH ETFs shed $155M

EthereumJan 31

Ethereum price slid out of its recent consolidation range near $2,800 on as renewed exchange-trade fund outflows and weak trader positioning weighed on short-term sentiment. Summary Ethereum broke below a key consolidation zone as ETF outflows returned. Derivatives data pointed to traders cutting risk rather than adding leverage. Technical signals show growing downside pressure below key resistance. Ethereum was trading at $2,739 at press time, down 8% over the past 24 hours. The second-largest cryptocurrency is now down 8% over the past week and nearly 10% over the past month, even as 24-hour trading volume jumped 81% to $42.8 billion,…

Tokenization firm Superstate raises $82.5 million to bring Wall Street onchain

RegulationJan 31

Superstate, the tokenization startup led by decentralized finance pioneer Robert Leshner, has raised $82.5 million to bring more of Wall Street onto the blockchain. The investment round was led by Bain Capital Crypto and Distributed Global, with participation from Galaxy Digital, Haun Ventures and Brevan Howard Digital, the firm said Thursday in a press release. The startup aims to build a regulated, blockchain-based foundation for capital markets that works faster and costs less than the legacy systems it wants to replace. With the new funding, Superstate plans to expand its tools that let firms raise capital and run shareholder processes…

Bitwise Says Fusaka Improves Ethereum UX But Falls Short on Revenue Expectations

EthereumJan 31

Crypto asset manager Bitwise is dialing back expectations that Ethereum’s Fusaka upgrade would meaningfully lift network revenue, according to a new research report from the firm, published on Jan. 28. The findings fall short of earlier bullish projections from Bitwise’s own chief investment officer, Matt Hougan. In November, Hougan wrote in an X thread that Fusaka could drive a “5-10x” increase in Ethereum’s revenue capture, calling it “under-appreciated catalyst and one reason ETH could lead the crypto rebound.” However, new data from Bitwise tells a far less bullish story. Positive Impact Fusaka — which went live in December — added…

Polimi Observatory report highlights growing crypto adoption italy and global blockchain momentum

RegulationJan 31

New data from the Polimi Observatory sheds light on how crypto adoption italy is evolving compared with other major European markets. Italy’s crypto holders and market penetration Investor profiles and access to financial markets Blockchain projects worldwide and sector trends Stablecoins and tokenization as key growth drivers Implications for the Web3 financial sector and Italy Italy’s crypto holders and market penetration In Italy there are 2.8 million holders of crypto-assets, equal to 7% of the population, according to the Blockchain & Web3 Observatory of the Politecnico di Milano. However, this penetration remains lower than in other European countries such as…

Ethereum Price Breakdown Ignites Fresh Bear Fears Across Crypto

EthereumJan 31

Ethereum is facing renewed downside pressure after breaking below the $2,700 level, reigniting concerns over a deeper correction. The second-largest cryptocurrency has now lost more than 7% in a single day and is down over 40% from recent highs, reflecting a broader shift toward risk-off sentiment across crypto markets. Market liquidity remains thin, institutional demand is weakening, and selling pressure continues to dominate short-term price action, setting the stage for heightened volatility. Peter Brandt Flags Further Downside Risk Veteran trader Peter Brandt has added to the cautious outlook, warning that Ethereum’s recent technical breakdown could lead to further losses. Sharing…

Circle CEO’s Bold 40% Annual Prediction Signals Banking Revolution

RegulationJan 31

DAVOS, SWITZERLAND — January 2025 — The global stablecoin market stands poised for explosive expansion according to Circle CEO Jeremy Allaire, who recently projected a remarkable 40% annual growth trajectory during his World Economic Forum address. This substantial prediction emerges as digital currencies increasingly transition from experimental technologies to integral components of mainstream financial infrastructure. Major banking institutions worldwide now actively explore stablecoin integration, fundamentally reshaping payment networks and financial services. Stablecoin Market Growth Enters Accelerated Phase Jeremy Allaire’s 40% annual growth projection represents a significant milestone for cryptocurrency adoption. The Circle CEO delivered this forecast during his World Economic…