Author: NBTC

Following a notable surge, Ethereum has approached a critical resistance zone around $1.8K and has begun losing momentum. Nevertheless, the emergence of a bearish divergence suggests a potential short-term corrective consolidation before the next bullish continuation. Technical Analysis The Daily Chart Following the substantial price increase as of late initiated by strong buying pressure at the critical $1.5K support level, ETH has reached a significant resistance zone near $1.8K. This upward displacement has resulted in the formation of a fair value gap, highlighting the presence of smart money on the buyers’ side. However, the $1.8K region coincides with a prior…

In the last month, the blockchain network behind the XRP cryptocurrency, the XRP Ledger (XRPL), has noted significant changes in user activity. According to data from XRPScan, the number of active XRP wallets (unique addresses performing XRP transactions) reached a high of 30,000 late last month. XRPL’s 30K active wallets: temporary spike or sustainable growth? However, it dropped to about 10,000 last week, indicating a combination of natural market cycles and growing interest in the cryptocurrency. This rise in active wallets is an important indicator of blockchain adoption. Usually, the more wallets perform transactions, the higher the real-world uses for…

A Bitcoin whale finished an extended cryptocurrency transaction by transferring 800 BTC worth $74 million back to Binance, according to recent blockchain information. This final deposit, made three hours ago, marks the end of a month-long process of unstaking and offloading 2,000 BTC that came from Binance withdrawals between April 10-12, 2024, when Bitcoin was trading at nearly $98,896. With that price, the whale originally invested $197.8 million. This $BTC whale deposited the remaining 800 $BTC($74M) to #Binance 3 hours ago, with a total loss of $25M.Between April 10–12, 2024, he withdrew 2,000 $BTC($197.8M) from #Binance at $98,896 and staked…

Ethereum (ETH) Foundation researcher Dankrad Feist has introduced a transformative proposal, Ethereum Improvement Proposal (EIP-9698), aimed at scaling the mainnet by exponentially increasing its gas limit. The proposal suggests a 100-fold increase in the gas limit over four years. This would potentially elevate Ethereum’s transaction throughput to 2,000 transactions per second (TPS). How Ethereum’s Gas Limit Expansion Could Unlock 2,000 TPS For context, Ethereum’s gas limit currently stands at 36 million, according to YCharts data. This supports a modest 14-20 TPS, with a theoretical maximum of 119 TPS. In contrast, competitors like Solana (SOL) achieve 800 to over 1000 TPS.…

Bitcoin is trading above the $90,000 mark and showing signs of renewed strength, even as global tensions and macroeconomic uncertainty continue to weigh on investor sentiment. After weeks of volatile swings and bearish pressure, the leading cryptocurrency appears to be stabilizing, and some analysts believe this could mark the beginning of a broader rally in the coming months. Top crypto analyst Jelle shared insights accompanied by a price chart, highlighting a key technical development: Bitcoin has reclaimed the range lows and is holding them so far. This type of price action typically signals healthy consolidation and growing buyer confidence. Despite…

According to recent figures, the total value locked in decentralized finance (DeFi) has once again exceeded the $100 billion threshold, a level not glimpsed since the final week of March. DeFi’s Big Return: TVL Crosses $100B With Aave and Lido Dominating the Pack Data sourced from defillama.com indicates that the current total value locked (TVL) in DeFi stands at $100.607 billion. The previous occasion when TVL reached this height was on March 27, 2025, approximately 30 days ago. In the interim, TVL dipped to a low point of $84.87 billion on April 9. Over the past month, Aave emerged as…

The price of Ethereum (ETH), the leading market altcoin, has reclaimed the psychological level of $1,800. This price recovery follows recent enthusiastic sentiment on the broader crypto market. As a result, ETH investors and analysts are now questioning whether the sell-off trends are over. ETH regains stability Recent data from CoinMarketCap shows Ethereum has jumped from its $1,500 lows to $1,800. This sharp rise appears to be a bullish rally, signaling the end of the latest Ethereum sell-off trends. Within the past seven days, the price of ETH has increased by over 10.6%. Ethereum recently experienced one of the biggest…

Cardano (ADA) has caught the attention of the crypto market community following the sharp rise in its market cap dominance. According to data shared by Dave (@itsdave_ada) on X, ADA’s market dominance is up 5.63% in the last 24 hours. Dave is a verified figure in the Cardano community and a stake pool operator. What does ADA’s dominance surge mean? This sudden rise brings ADA’s share of the broader crypto market to 0.9%, making it one of the highest single-day gains for this asset in the last few weeks. This dominance metric measures a crypto’s market share compared to other…

Cryptocurrency analytics firm Alphractal announced that selling pressure from Bitcoin miners has dropped to its lowest level since May 2024. According to the company’s assessments, this decline in selling pressure from miners has historically often been followed by periods of sideways consolidation or price declines. Alphractal’s statement noted that low selling pressure rarely produces positive effects, however, positive reactions are observed more often in the following periods: December 2012 September 2013 A few months into 2016 July 2021 In most cases, Bitcoin continued to trade sideways or in price declines. In April 2025, Hash Rate (processing power) reached an all-time…

Bitcoin has now gone beyond the $90,000 landmark and that has bulls smiling. The price increase, besides being an increase in price, is acting to send something called a signal. That signal is one of strong conviction by investors. For some, it is a way of showing that these ‘signals’ are sometimes the best reason to buy. Here is a bit more about what is being signaled when it comes to the future of Bitcoin and who might be doing the buying. #Bitcoin $BTC just hit $90,000, and based on on-chain data from @intotheblock, the next key area of resistance…