Author: NBTC
Ethereum price has slipped into a tense zone after a weak start to January. ETH is down just under 1% over the past 24 hours and is now extending its 30-day decline to around 3.6%. At the same time, price remains well above major long-term supports, leaving traders split on direction. What makes this setup tricky is the balance of risks. Ethereum is trading inside a bearish chart pattern, but positioning data suggests the downside may not be as straightforward as it looks. Ethereum Trades Inside a Bearish Pattern? On the daily chart, Ethereum is forming a head-and-shoulders pattern. This…
IREN stock price has slumped by over 55% from its highest point this year amid elevated jitters on the artificial intelligence bubble. Summary IREN shares have plunged by 55% from the year-to-date high. It has dropped to its lowest level since September this year. There are concerns about the ongoing AI bubble. After soaring to a record high of $76 in November, the stock has tumbled to $35 today. This crash has coincided with that of other companies such as CoreWeave, Nebius, and Bitfarms. IREN’s slump has accelerated following last week’s earnings reports from top AI companies such as Oracle…
US President Donald Trump told Republicans on Tuesday he could be impeached if the party loses the US midterm elections this year. “You got to win the midterms, because if we don’t win the midterms, it’s just going to be — I mean — they’ll find a reason to impeach me,” Trump said in a speech to House Republicans on Tuesday. “I’ll get impeached.” Trump’s approval rating has slid to 42% as voters feel the president isn’t doing enough to alleviate the rising cost of living, and the GOP’s base has been divided over his handling of the Epstein files.…
On-chain data shared by Lookonchain reveals that an early Ethereum investor is continuing to sell ETH. The wallet originally accumulated 154,076 ETH at an average price of $517. The purchases likely date back to the 2017–2018 period. Over the past two days, the entity deposited another 40,251 ETH worth roughly $124 million into Bitstamp. The activity suggests ongoing profit-taking after years of holding. On-Chain Data Signals Partial Exit Strategy Arkham data shows repeated ETH transfers to Bitstamp in recent months. Total outflows now exceed $175 million. Despite the heavy selling, the wallet still holds around 26,000 ETH valued near $80…
According to reporters from the Guangxi International Communication Center (Cambodia) and the Cambodia–China Times, Chen Zhi, the founder and chairman of Prince Group, was detained in Cambodia and subsequently extradited to China for investigation. The Cambodian Interior Ministry, speaking to Reuters, stated that all of yesterday’s repatriations involved three Chinese nationals, including Chen Zhi, Xu Ji Liang, and Shao Ji Hui. The US and the UK added numerous entities linked to Prince Group and Chen Zhi to their sanctions lists in October, accusing the group of operating large-scale “fraud centers” that exploited migrant workers. British sanctions targeted six entities and…
Ethereum reported strong growth across decentralized finance (DeFi) and stablecoin activity in 2025. This was mainly because lower transaction costs and expanding infrastructure contributed to increased usage across the network. DeFi and Stablecoin Activity Increase In a New Year’s post shared via X, the chain revealed that it recorded over $99 billion in total value locked during 2025, according to data from DefiLlama. This figure places Ethereum’s DeFi TVL at more than 9 times that of the next largest Layer 1 ecosystem. Stablecoin usage also remained high throughout the year, with $18.8 trillion settled on the network. These figures coincided…
Famed investor Cathie Wood continues to see long-term potential in CoreWeave Inc. (NASDAQ: CRWV) even though the AI infrastructure firm has been cut in half over the past six months. The founder and chief executive of Ark Investment Management bought another 136,000 CRWV shares this week, split across two of her flagship exchange-traded funds (ETFs). However, there are ample reasons for retail investors to avoid imitating her stance on CoreWeave stock, which may find it increasingly difficult to recover swiftly in 2026. The real problem with owning CoreWeave stock Copy link to section CRWV stock has tanked sharply in recent…
Iran has begun accepting crypto as payment in its sales of advanced weapons, as part of ongoing efforts to evade international sanctions. Mindex, Iran’s Ministry of Defence Export Center, has updated the FAQ on its website to state that accepted payment methods include “the cryptocurrency agreed upon in the contract.” Products for sale via Mindex include rockets, aircraft, tanks and boats, as well as guns, ammunition, data services, and communication equipment. Iran has been accused of supplying weapons to Russia in recent years, as well as to groups that have been designated as terrorist organizations by the United States (e.g.…
Ethereum’s staking landscape has shifted sharply over the past month as institutional investors, led by BitMine and new ETFs, have saturated the network. This influx has created a logistical bottleneck, forcing new participants to wait roughly a month before their staked assets begin earning returns. Institutions Flock to Ethereum Staking Despite Record-Low Yields On January 9, blockchain analyst Ember CN reported that BitMine has moved more than 1 million ETH (over $3.2 billion) into Ethereum’s proof-of-stake system over the past 30 days. Bitmine 已经存入以太坊 PoS 质押超过 100 万枚 ETH,来到 103.2 万枚 ETH,价值 $32.15 亿。正好占到他们 ETH 总持仓 (414.3 万枚) 的四分之一。https://t.co/giCuS8MKv3因为他们的质押,现在排队等待进入质押的 ETH…
Kontigo is gaining traction by promoting a stablecoin-first banking model as a global alternative to traditional financial services. At the same time, its rapid rise has prompted skepticism within the crypto community. The model has raised questions over whether it can scale sustainably without repeating the missteps that have defined past industry failures. Kontigo’s Rapid Rise Draws Attention A new bank building its entire identity around stablecoins is rapidly climbing the ranks of the financial services industry. Kontigo positions itself as a stable-currency platform offering self-custodial wallet services that allow users to store value in Bitcoin and spend in local…