Author: NBTC
Bitcoin recently experienced a significant drop on Monday, falling to a two-month low of $89,000. However, this dip did not constitute a crash, as the cryptocurrency quickly rebounded. Renewed optimism among both small and large Bitcoin investors drove this recovery, signaling resilience in the market. Bitcoin Investors Are Bullish ETF inflows are returning to Bitcoin after a slow start to 2025. Over the past week, inflows into Bitcoin totaled $1.7 billion, surpassing the weekly average of $1.35 billion recorded between October and December 2024. This renewed interest highlights growing confidence in crypto as a viable investment option. As investors move…
World Liberty Financial (WLFI), the investment firm linked to Donald Trump, has purchased an additional 1,622.97 Ethereum (ETH) tokens valued at $5 million. This acquisition brings WLFI’s total Ethereum holdings to nearly 80,000 ETH, worth over $240 million. A Look At Donald Trump’s Crypto Portfolio This move follows significant turbulence in Trump’s cryptocurrency portfolio since the start of his second term as U.S. president. Over the past week, his crypto wealth has experienced a sharp decline of more than 60%. The official Trump memecoin, launched on January 17, has seen its value plummet by over 64% from its all-time high…
After reaching a new all-time high (ATH) of over $108,000 in December 2024, Bitcoin (BTC) has declined more than 15%, currently trading in the low $90,000 range. While bulls fear a further drawdown to $85,000, some analysts remain optimistic, suggesting that the premier cryptocurrency could rebound and potentially top out in the summer of 2025. Bitcoin To Top In Summer 2025? According to crypto analyst Dave The Wave, BTC may peak in the summer of 2025, around the middle of the year. The analyst highlighted that Bitcoin’s price trajectory is likely to continue appreciating, as indicated by the 52-week simple…
On January 28th, Monday, the Ethereum price plunged 5% to currently trade at $3,057 level. The surge in selling pressure can be attributed to a broader market downturn as Chinese AI advancement “DeepSeek” created concern for global tech companies and AI models. Will ETH lose $3k floor again? Key Highlights: A significant offloading of ETH from institutions and Ethereum foundation-linked wallet hints at prolonged correction ahead A narrow range between 20 and 200 days could signal the initial change in the market post-breakout. The Ethereum price could meet the significant surge in demand pressure at $2,700, coinciding with the long-coming…
Prominent blockchain tracking service Whale Alert, which monitors large cryptocurrency transfers and shares the details on its website and the official X account, has spotted a tremendous amount of XRP landing on the world’s leading exchange Binance. Meanwhile, the third largest cryptocurrency by market capitalization, XRP, has experienced an impressive surge that exceeded 12%. 40,000,000 XRP shoveled to Binance The aforementioned data aggregator shows that less than four hours ago, Binance witnessed an enormous deposit totalling 40,000,000 XRP, valued at an amazing $124,788,255. The transaction was initiated by an unknown blockchain address. The cryptocurrency community reacted, leaving numerous comments under…
An investor who acquires 0.1 BTC for $9,500 at the current market price could become a millionaire if Bitcoin hits eight figures. Bitcoin has outgrown its early days when prices were in a few dollars and has matured into a global store of value. Spurred by bullish macroeconomics, the pioneering cryptocurrency recently reached a six-figure valuation, hitting a new all-time high of $108,000. Meanwhile, some believe holding 0.1 BTC can still produce a staggering 10,426% growth to $1 million despite its historic gains. This theory suggests that the asset still has more room for growth. Here’s how high Bitcoin needs…
Ethereum (ETH) is currently trading at $3,147.67. In the past week leading up to January 27, 2025, ETH has shown notable volatility. On January 23, ETH reached a high of $3,334.71, followed by a decline to $3,309.55 on January 24. The downward trend continued, with ETH closing at $3,232.28 on January 26. As of January 27, the ETH price has seen a 2.50% decrease from the previous day. Ethereum Price Analysis The 50-day Exponential Moving Average (EMA) is a critical indicator for assessing Ethereum’s short-term momentum. Currently, ETH is hovering around this level, suggesting a phase of consolidation. A decisive…
Shiba Inu is on the verge of losing its longstanding second-biggest meme coin title as Official Trump (TRUMP) moves to flip SHIB again. Over the weekend, Shiba Inu lost its position as the second-biggest meme coin to TRUMP, a newly launched meme-based token linked to U.S. President-elect Donald Trump. TRUMP Overthrows SHIB as Second Biggest Meme Coin The TRUMP meme coin, which launched on Friday, quickly rose to prominence, attracting the crypto community’s attention. Notably, the number of TRUMP buyers surged to nearly 50,000 within hours after its launch, outpacing the 12,500 sellers. Consequently, TRUMP’s market cap rose to $9…
Blockstream CEO Adam Back has noted that Bitcoin’s 200-week moving average (WMA) has now moved above $43,000. The significance of this new milestone stems from the fact that it is very rare for Bitcoin to dip below its 200 WMA even during the most severe bear market corrections. The “Black Thursday” sell-off that took place in March 2020 is one of the very few cases when the bulls failed to defend this ironclad support. Hence, the 200 WMA is widely considered to be the “floor price” for the leading cryptocurrency that tends to mark “generational bottoms.” Back has predicted that…
Today, Ethereum grabbed market attention after a renewed whale deposited massive amounts of ETH tokens to Binance as reported by Lookonchain. The transaction seems to have a connection to Ether’s recent price drop. Following its slowed performance on Monday, the second biggest virtual currency lost strength, leading to its value currently standing at $3,058.46, as press time. Whale offloads 17,750 Ether Today, according to data from Lookonchain, a prominent whale whose wallet address is recognized to belong to Cumberland, deposited 17,750 Ethereum tokens worth $54.41 million to Binance. A wallet related to #Cumberland deposited 17,750 $ETH($54.41M) to #Binance 3 hours…