Author: NBTC
Fundstrat co-founder Tom Lee has predicted a 15x rally for Ethereum, which would see the cryptocurrency surge to $60,000 highlights a bullish undercurrent often missed during market consolidation. While ETH price action might appear muted, veteran strategists point to tangible Ethereum institutional adoption drivers as the real signal for future potential. Key factors include firms adopting ETH treasury strategies, rising Spot ETF inflows, and Ethereum’s central role in the booming RWA tokenization market, all indicating increasing Wall Street integration; elements already set up to trigger an immediate rally to push Ethereum’s price to $8,000 by the end of 2025. Related:…
The financial world is buzzing with discussions around digital currencies, and the Bank of Korea (BOK) has just weighed in with a significant recommendation concerning won stablecoins. Imagine a digital currency pegged to the Korean Won, offering stability in an often-volatile crypto market. The BOK suggests a dual approach: traditional banks should take the lead in issuing these digital assets, while non-bank institutions would handle their distribution through a collaborative consortium. This strategic advice aims to harness the innovation of stablecoins while mitigating potential risks. Why Are Won Stablecoins a Hot Topic for the Bank of Korea? The BOK’s insights,…
Ethereum has been consolidating after a sharp rejection near the $4,500 resistance zone. Price action remains choppy and indecisive, with the bulls trying to hold the key support levels while the broader market sentiment leans defensive. Macro support zones remain intact for now, but the recent drop in bullish momentum is clearly visible in both price structure and RSI behaviour. Technical Analysis By Shayan The Daily Chart The daily structure shows that ETH has broken below its ascending parallel channel and recently lost the momentum that carried it above $4,400. After failing to hold the lower trendline and the 100-day…
While institutional interest in XRP continues to increase day by day, the latest news came from a company called Evernorth Holdings. As you may recall, Evernorth, a new cryptocurrency startup backed by Ripple, recently announced that it plans to raise over $1 billion to create the largest publicly traded XRP treasury. With the support of Ripple, SBI, and leading crypto investors in its $1 billion XRP plan, Evernorth is quickly becoming a major player in the XRP space and is approaching its $1 billion target. According to On Chain data, Evernorth Holdings has accumulated approximately 388.7 million XRP to date.…
Ethereum (ETH) continues to trade near $3,884, showing limited momentum after repeated failures to stay above the $3,900 resistance zone. The price action reflects consolidation within a tight range, as traders await a clear breakout signal. Moreover, technical indicators reveal a cautious sentiment, with ETH trading below its major exponential moving averages (EMAs). Consolidation Phase Amid Technical Barriers The 4-hour chart shows ETH struggling beneath key EMAs 20, 50, 100, and 200 clustered between $3,890 and $4,134. This alignment highlights persistent bearish pressure. Immediate resistance sits at $3,944, followed by $4,033 and $4,134. A clean breakout above the $4,254 Fibonacci…
Spot gold tripped the $4,000 wire and landed at $3,991 per troy ounce, while silver parked at $46.47—two high-flyers finally catching their breath after brushing record altitudes. Gold Dips to $3,991; Silver Steadies Around $46 Gold’s dip below the big round number came as U.S.-China trade chatter brightened and equities put on a sunnier face, shrinking the near-term appetite for safe havens. As Reuters noted Monday, the move reflected a market mood that’s a little less bunker, a little more brunch. At 11 a.m. Eastern time on Oct. 27, gold‘s price per troy ounce is $3,991. Add in a sometimes-softer…
Éric Ciotti’s recent proposal for a digital euro ban in France is certainly stirring the pot, capturing attention across Europe’s financial landscape. This bold move challenges the traditional approach to central bank digital currencies (CBDCs) and instead champions the burgeoning world of cryptocurrencies and stablecoins. It’s a fascinating pivot that could reshape France’s digital economic future. Understanding the Proposed Digital Euro Ban What exactly is this significant proposal about? Éric Ciotti, a prominent member of France’s The Republicans party, has introduced a resolution aimed at preventing the introduction of the digital euro. This digital currency is currently under development by…
Table of Contents Program Details and ObjectivesArbitrum’s Recent MomentumApplication Process and Next StepsFrequently Asked Questions Castle Labs, a Research firm led by analysts Chilla and CryptoNdee, has introduced a grant program offering up to $50,000 per project to support innovative builders on the Arbitrum blockchain, aiming to encourage fresh ideas and long-term development within the ecosystem. The initiative, which has already been operational for eight months with four more to run before its deadline, seeks to fund early-stage startups that prioritize originality and alignment with Arbitrum’s goals. This move comes as Arbitrum continues to demonstrate strong growth in transaction volumes…
Ethereum’s price has been quiet, hovering near $3,875, down 3.7% this week and showing little follow-through after last week’s selloff. Yet behind the calm, some of the biggest wallets have started buying again. Roughly $660 million in whale accumulation has rekindled optimism that ETH might be setting up for a rebound — but not everyone is convinced. Whales Are Buying, But Short-Term Holders Keep Selling On-chain data shows that between October 21 and October 23, Ethereum whales added roughly 170,000 ETH, lifting their collective stash from 100.30 million to 100.47 million ETH. At the current Ethereum price, that’s about $660…
TZero Group, a New York–based blockchain infrastructure company specializing in tokenized securities and real-world assets, has announced plans to go public in 2026. The company on Monday disclosed plans for an initial public offering (IPO) in the United States. Founded in 2014, tZero helps companies raise capital and trade securities on blockchain-based platforms under US securities laws, including private offerings. CEO Alan Konevsky told Bloomberg that tZero is in talks with several banks but hasn’t chosen an underwriter. He said tZero, which employs just over 50 people and isn’t yet profitable, may also pursue an additional funding round ahead of…