Author: NBTC
The breaking point at which Ethereum escaped its descending channel indicates powerful upward market movement along with a possible trend change. The successful breach of $3,000 could initiate a price rise toward $3,500 to $3,800 which might play out within the next few weeks. A breakout failure of resistance could cause prices to drop to $2,700 – $2,750 which represents an essential support zone that maintains bullish investor attitudes. The cryptocurrency market is witnessing increased activity as Ethereum (ETH) moves toward a crucial resistance level.According to analyst Faibik,he suggests that $3,000 is the next resistance level. Currently,ETH is trading at…
Metaplanet (3350), a Japanese bitcoin (BTC) acquirer, will be added to the Morgan Stanley Capital International (MSCI) Japan index at the end of Feb. 28, according to the firm’s CEO Simon Gerovich. The MSCI index tracks mid-to-large-cap Japanese stocks, which serve as a key benchmark for institutional investors worldwide. As a result of inclusion, Metaplanet will benefit from increased exposure to global investment funds and exchange-traded funds (ETFs) that track MSCI indices. Gerovich on X highlighted the positive news that comes from inclusion, which includes increased visibility, passive inflows and validation of growth.”This milestone further solidifies Metaplanet’s position as Asia’s…
Binance is leading the list of the total weekly trading activity on centralized exchanges (CEXs) that reached $385.08 billion in the last week. Centralized exchanges represent the vital foundation of the industry because they deliver both liquidity and security to users while maintaining a smooth trading experience despite decentralization trends in DeFi. Multiple asset classes trade through 58 active centralized exchange platforms which control dominance across the digital asset market. CTOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Binance #Cryptocom #Bybit #Coinbase #Upbit #GateIo #MEXC #OKX #HTX pic.twitter.com/UjRnW7mOyt — PHOENIX – Crypto News & Analytics (@pnxgrp) February 12, 2025 Binance Leads…
Chainlink is implementing a new strategy to solve a major problem in artificial intelligence: hallucinatory AI systems. When large language models misinterpret data or generate incorrect new data, the consequences can be costly, especially in finance. Instead of relying on a single AI model, Chainlink is now taking a multi-model approach, using AI systems from OpenAI, Google, and Anthropic. Laurence MORONEY, a Chainlink consultant and former head of AI at Google, explained that using multiple AI models instead of just one reduces the error rate. Each AI model is asked separately to analyze the same financial data. The system stores…
Clearpool, a prominent ecosystem for decentralized capital marketplaces in RWAs, has recently gained a significant traction in terms of total value locked. As per the data from IntoTheBlock, Clearpool has taken a leading position within the DeFi ecosystem of Flare, an EVM L1 blockchain, to increase the blockchain utility. The crypto intelligence platform took to its official X account to disclose this development. The @ClearpoolFin protocol currently leads the @FlareNetworks DeFi ecosystem by TVL, highlighting real-world assets (RWAs) as the largest DeFi segment on the network. pic.twitter.com/ut2x94DjCv — IntoTheBlock (@intotheblock) February 14, 2025 Clearpool Leads DeFi Ecosystem of Flare, Representing…
Ethereum has been struggling below the $2,800 mark for weeks, unable to reclaim it as support and spark a recovery rally. This critical resistance level has kept bulls at bay, leaving the price action stagnant and fueling negative sentiment in the market. Analysts call for a bearish continuation, citing Ethereum’s inability to break through key supply zones. The broader market uncertainty and the persistent selling pressure have only added to concerns, making investors increasingly cautious about Ethereum’s short-term prospects. However, not everyone is bearish. Some investors remain optimistic that Ethereum could soon enter a recovery phase. Top analyst Ali Martinez…
Ripple’s RLUSD appears set to take on industry leaders in the stablecoin space. Since its official launch on Dec. 17, 2024, RLUSD has gained traction among cryptocurrency traders. RLUSD, in the last 24 hours, has seen its trading volume surge above DAI’s. Surge in RLUSD trading volume According to CoinMarketCap data, RLUSD’s trading volume has soared by 39.03% to $127.26 million. This suggests increased interest from traders in adopting the stablecoin for their crypto-ecosystem transactions. DAI, on the other hand, registered a trading volume below $100 million. In the last 24 hours, DAI has experienced a significant decline of 21.14%.…
Binance chief executive Richard Teng who took the leadership from Changpeng Zhao at the end of 2023, and is now taking the crypto exchange further to the future, has published a tweet. In that post, he revealed to the community the key ingredient that helps Binance to remain a market leader and which can also help other companies to succeed. Importance of teamwork According to Teng’s tweet, for a company to succeed it is important to make a focus on teamwork. He published a scheme to illustrate this thesis and name the components which are important here. Teamwork consists of…
This is a segment from the Empire newsletter. To read full editions, subscribe. You don’t need to understand it to use it. That’s Empire co-host Santiago Santos’ ideal situation in building Inversion Chain. Confused? Think about the 1990s. Businesses used “.com” and — outside of the somewhat ridiculous Homes.com commercial we saw during the Super Bowl — dot com isn’t really used anymore. If you don’t believe me — or Santos — bring it up to your local Gen Zer and you’ll quickly see how out of tune it is. Point being that the internet is just a part of…
Bitcoin closed 2024 on a high, reaching a record $107,000 in mid-December before retreating to hover around $96,000 in early 2025. Despite this decline, BTC’s remarkable rise over the past year has left many investors wondering what’s next. BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw its most significant outflows since its launch on Thursday, with $333 million in outflows. Some attributed the outflows to tax-related adjustments or profit-taking, while others saw them as part of a broader pause in market momentum. “Crypto tends to move in momentum cycles, with periods of rapid growth followed by quieter phases,” Andy Baehr, Managing…