Author: NBTC

The crypto market has largely consolidated over the past week, as bulls attempt to regain control. With the market still significantly volatile, crypto whales have accumulated select altcoins, potentially positioning themselves for an eventual market rebound. Cardano (ADA) This week, Layer-1 (L1) coin ADA caught whales’ attention. Santiment’s data shows an uptick in the number of coins acquired by whale addresses holding between 10 million and 100 million ADA. Cardano Whale Activity. Source: Santiment According to the on-chain data provider, in the past seven days, this group of ADA whales has bought 190 million coins valued at approximately $2.40 billion…

Flora Growth Corp. (FLGC) has announced a significant strategic breakthrough in its growth path, officially entering the world of cryptocurrencies and blockchain. With an initial investment of 1 million euros, the company has established a long-term crypto portfolio, focusing on four of the most relevant and promising protocols in the digital landscape: Ethereum, Solana, Sui, and Ripple. This move does not represent a simple financial experiment, but a clear signal of Flora’s willingness to position itself as a leading player in the global digital transformation. The objective? Strengthen the corporate balance sheet and build a solid base of disruptive technological…

10% weekly gain marks Bitcoin’s strongest move in weeks. Profit/Loss ratio close to 1.0, hinting at potential breakout. Greed sentiment reaches its highest level since November 2024. Bitcoin has broken above $90,000 after five weeks of sideways trading, reigniting excitement across the cryptocurrency market. As of now, Bitcoin is trading near $94,680, posting over a 10% increase over the past week and edging close to the crucial $95,761 resistance level. Source: CoinMarketCap Investors are watching closely, as a move above this threshold could set Bitcoin on a clear path toward the $100,000 milestone. However, sentiment indicators also show signs of…

Ethereum has been holding steady above the $1,800 level despite multiple failed attempts to break higher. The current price action signals a potential shift, with volatility compressing and momentum building for a major move in either direction. After months of selling pressure and weak performance relative to Bitcoin, analysts now believe ETH is approaching a critical inflection point. Top analyst Ted Pillows shared a key technical observation, highlighting the formation of a long-legged Doji candle on Ethereum’s monthly timeframe. This type of candle typically reflects intense market indecision, where both bulls and bears tested the extremes, but neither side gained…

Veteran macro investor Luke Gromen says he likes Bitcoin (BTC) due to its potential to influence demand for US Treasuries. In a new video update, the founder of the macroeconomic research firm Forest for the Trees (FFTT) says the Trump administration is in a position to boost demand for US bonds after the president signed an executive order creating a Strategic Bitcoin Reserve. A Bitcoin bull market typically increases demand for dollar-pegged crypto assets, and according to Gromen, could ultimately drive demand for US Treasuries. “Note that the Trump administration is still talking about putting T-bills (Treasury bills) into stablecoins,…

In early May 2025, the Ethereum (ETH) market witnessed contrasting actions from large investors, commonly known as whales. These opposing behaviors from whales present investors with both risks and opportunities. Contrasting Ethereum Whales’ Actions On one hand, several Ethereum whales are accumulating ETH in large quantities. An ETH whale purchased 3,029.6 ETH valued at $5.74 million. However, this whale currently faces a temporary loss of $142,000 as the price has dropped to $1,842 per ETH. On May 1, 2025, Lookonchain reported that multiple whale addresses accumulated thousands of ETH within two hours. These actions indicate that some major investors remain…

JP Mullin, founder of Mantra (OM), which has been the subject of manipulation allegations and has experienced a sudden drop in price, claimed that the details of the token burn program are nearing completion and that the token buyback program is also on the way. The burn program details are in the final stages, and will be shared in the near future. Buyback program also well underway. We are working around the clock for the Sherpas/OMies. 🫡🕉️ — JP Mullin (🕉, 🏘️) (@jp_mullin888) April 18, 2025 The Mantra price has recently seen a major drop, losing 90% of its value…

Riot Platforms sold $38.8 million worth of Bitcoin in April, as the second-largest publicly traded Bitcoin miner by market capitalization moves to shore up liquidity amid tightening margins across the mining sector. The Castle Rock, Colo.–based firm offloaded 475 BTC last month at an average price of $81,731 per coin, according to its operations update on Monday. Riot mined 463 of those tokens in April, with the remaining 12 drawn from reserves. The company retained 19,211 BTC on its balance sheet, worth roughly $1.8 billion at current market prices. “During the month of April, we made the strategic decision to…

With crypto liquidity improving and stablecoin inflows rising, Bitcoin could soon push past $100,000, Matrixport says. Bitcoin (BTC) could be preparing for a breakout above $100,000 as new capital flows into the crypto market, according to a Matrixport report conducted by market analyst Markus Thielen. 📊 Today’s #Matrixport Daily Chart – April 28 2025 ⬇️Fresh Inflows (could) Signal Bitcoin’s Next Breakout Toward $100,000 #Matrixport #BTC #Bitcoin #Crypto #Liquidity #BTC100K #MarketTrends pic.twitter.com/zmriWhFbfd — Matrixport Official (@Matrixport_EN) April 28, 2025 In an X post on Monday, the analysts noted that crypto liquidity was improving and fresh capital was beginning to flow into…

Lorenzo Protocol’s native token, BANK, has recorded a 150% price surge within six hours of its official launch. The token’s rapid climb follows its listing on multiple platforms, including Binance’s Alpha Market and the launch of a BANKUSDT perpetual contract on Binance Futures with up to 50x leverage. What is the New BANK Token on Binance Futures? The Token Generation Event (TGE) for BANK took place today, April 18, via Binance Wallet, in partnership with PancakeSwap. Lorenzo Protocol raised $200,000 through the sale of 42 million BANK tokens—2% of the total supply—priced at $0.0048 each. The token is now trading…