Author: NBTC

Ethereum is approaching a key breakout from a triangle pattern, with bulls eyeing the $2,000 mark. At $1,623, Ethereum has registered an intraday recovery of 1.60% at the time of writing. This bullish comeback is on the verge of erasing Sunday’s 2.8% drop from the $1,650 mark. Ethereum’s recovery has brought it to the apex of a triangle pattern. Amid improving broader market sentiment, Ethereum’s chances of a breakout are steadily increasing. Will this push ETH toward the psychological $2,000 level? Ethereum’s Recovery Rally Nears Key Breakout, Bulls Target $2,000 In the 4-hour price chart, the recent bullish turnaround from…

It seems that today, Monday, April 7, everything is happening everywhere at once, just as in the movie “A24” that was released not too long ago. Despite the fact that Black Monday has been anticipated for three days, the press today is so full of massive, sudden, large-scale events, shifts, thunderous opinions, controversies, doubts, greed and fear — everything really — that the landscape is confusing. Add to that a massive transfer of 300,000,000 Dogecoin (DOGE) as a big chunk in the major meme coin worth $41.77 million just hit the world’s largest cryptocurrency exchange. 🚨 🚨 300,000,000 #DOGE (41,771,081…

Binance has announced the delisting of the VIDT/BTC spot trading pair as part of its routine market assessment process. The delisting will take effect on April 15, 2025, at 11:30 AM UTC, one day earlier than originally planned. Binance to Delisting VIDT/BTC Spot Trading Pair on April 15 Amid Market Review The decision was made following Binance’s review of recent trading activity, which took into account factors such as liquidity and overall trading volume. The platform emphasized that its goal is to protect users and maintain a high-quality trading environment. What Investors Need to Know Spot trading for VIDT/BTC will…

Billionaire and Block CEO Jack Dorsey says that Bitcoin (BTC) is at risk of failure if it doesn’t manage to tackle one critical use case. In a new interview on the Presidio Bitcoin YouTube channel, Dorsey is asked to imagine that he fast-forwarded to the future where Bitcoin has failed. When asked how Bitcoin failed, Dorsey says the flagship crypto asset faded into irrelevance because it was only used as a store of value and not as a form of money for payments and transactions. “I think it fails through irrelevance. It fails to be relevant to people on a…

Ethereum (ETH) is facing increasing pressure from whale activity as large holders continue to offload significant portions of their holdings. This ongoing sell-off comes during a challenging season for the cryptocurrency, with Ethereum grappling with poor price performance. According to data from BeInCrypto, ETH has depreciated by 51.3% since the beginning of the year. While macroeconomic factors have weighed heavily on the entire crypto market, Ethereum’s struggles have been especially pronounced. In fact, last week, the altcoin plunged to lows not seen since March 2023. Nonetheless, the tariff pause triggered a modest recovery in ETH shortly after. At press time,…

Shiba Inu started from humble beginnings, growing from a few hundred dollars in valuation to a multi-billion-dollar crypto asset. At one point, it even ranked among the top ten most valuable crypto assets in the world. However, while Shiba Inu has lost some of its glory amid the recent market downturn, it continues to preserve a significant portion of the gains accrued since its inception. The Crypto Basic recently explored the potential worth today of a $100 and $1,000 investment in Shiba Inu bought at its launch. Buying Shiba Inu at Launch Notably, Shiba Inu entered the crypto scene in…

Bitget Wallet announced that it will provide support for spot and futures trading of Pax Gold, a tokenized version of the physical commodity, amidst rising global demand. According to a press release shared with crypto.news, the decision to list Pax Gold (PAXG) is driven by increasing interest in tokenized gold, which has grown in tandem with the physical commodity. By integrating PAXG, Bitget Wallet aims to offer traders a digital alternative that combines the stability of gold with the accessibility of crypto. Issued by blockchain infrastructure firm Paxos, PAXG is backed by physical gold on a 1:1 basis. Each token…

The Bitcoin (BTC) price crash to $74,000 has left traders speculating whether the cryptocurrency has finally hit a bottom. However, a CMT-certified analyst suggests that Bitcoin’s price correction is far from over. He has predicted an even deeper pullback to $38,000 – $42,000, which he identifies as Bitcoin’s final price bottom. In a detailed Elliott Wave-based chart analysis, CMT-certified technical analyst Tony Severino outlines a classic 5-wave impulsive structure that appears to have completed its final leg near $85,000. Severino’s analysis highlights that Bitcoin’s latest decline to $74,000 is merely the start of a broader ABC corrective pattern, potentially driving…

Vitalik Buterin, Ethereum cofounder, has dropped his views on privacy and how it impacts users. This latest update comes as the top blockchain innovator recently revealed a new privacy roadmap for the Ethereum ecosystem. This latest expression of his views on privacy expands the former. Privacy as power in AI era In an update labeled “Why I Support Privacy” and shared with the ecosystem, Buterin emphasized that the privacy concept is not just about hiding things. He insisted that it is crucial to maintaining power, freedom and social structure in today’s decentralized world. Why I support privacy:https://t.co/4Um4QdnTqG — vitalik.eth (@VitalikButerin)…

Prominent blockchain tracker Whale Alert, which tracks down large cryptocurrency transfers and shares the details on its website and X handle, has spotted a massive XRP transaction targeting the world’s largest crypto exchange, Binance. Almost $400 million worth of XRP has been deposited there in a single move. The crypto community was intrigued by that and shared their takes on that crypto transfer in the comments to the tweet. 200 million XRP land on Binance The aforementioned data source reported that almost two hours ago, it recorded an enormous deposit made to Binance from a blockchain wallet tagged by Whale…