Author: NBTC
Ethereum price started another decline and traded below the $1,850 level. ETH is now consolidating and facing key hurdles near the $1,850 level. Ethereum struggled to continue higher above the $1,980 resistance level. The price is trading below $1,860 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $1,810 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $1,850 and $1,880 resistance levels to start a decent increase. Ethereum Price Attempts Recovery Ethereum price failed to continue higher above $2,050 and started another decline,…
The makers of fantasy role-playing game RavenQuest will launch the QUEST token on the gaming-focused Ethereum layer-2 network Immutable zkEVM on Wednesday. Developed by Tavernlight Games, the free-to-play massively multiplayer online role-playing game—or MMORPG—released for PC on March 14. Now the studio is launching RavenQuest’s native token to “fuel” its economy. “QUEST is not waiting for a use case,” the game posted on X (formerly Twitter). “It plugs directly into a live game where utility isn’t a future promise, it’s reality.” We flipped the Script: Game First, Token Second. RavenQuest isn’t just as cinematic trailer or demo. It’s a live,…
The total market cap of the 14 U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) dropped 25% in March, the third-worst monthly performance on record, the Wall Street bank said Tuesday. Only one stock, Stronghold Digital Mining (SDIG), outperformed bitcoin (BTC) last month, the report noted. Miners with high performance computing (HPC) exposure underperformed pure-play miners for the second month in a row. “We note valuations today are at the lowest levels relative to the block reward since the collapse of FTX in the Fall of 2023,” analysts Reginald Smith and Charles Pearce wrote. The average network hashrate inched higher…
Bitcoin price started another decline below the $100,500 zone. BTC is trimming gains and might continue to move down toward the $95,000 zone. Bitcoin started a fresh decline below the $100,000 level. The price is trading below $98,800 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 zone. Bitcoin Price Dips Below $98,000 Bitcoin price failed to continue higher above the $102,500 zone. It started another…
A cryptocurrency trader, who previously made massive profits from $TRUMP and $MELANIA, experienced a dramatic loss after spending $1.82 million on $ENRON tokens, only to sell for $1.11 million, incurring a loss of $709K in just 30 minutes. The incident serves as a cautionary tale about the risks of trading recklessly and succumbing to the fear of missing out (FOMO) despite previous successes in the market. This guy made $10.1M on $TRUMP and $3.4M on $MELANIA.But today, he spent $1.82M on $ENRON, only to sell it for $1.11M—losing $709K in just 30 minutes!Profits don’t make you invincible. Don’t #FOMO, and…
Ethereum co-founder Vitalik Buterin has made a massive donation to Zuitzerland, a decentralized project inspired by his Zuzalu experiment. Onchain Lens, a blockchain surveillance platform, was the first to highlight the fund transfer, in which Vitalik Buterin sent 274 ETH (around $500,000) to Isla, a Web3 researcher contributing to the development of the Zuitzerland project. This donation was unsurprising given the Ethereum co-founder’s indirect ties to Zuitzerland. Although the project was developed by other founders, it takes inspiration from Vitalik Buterin’s Zuzalu experiment. How Does Zuitzerland Link to Buterin’s Zuzalu Experiment For those unfamiliar, Zuzalu was a temporary community experiment…
March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily yield of 1 petahash per second (PH/s)—diminished by 3.93% from its early March benchmark. Hashprice’s 3.93% Slide Meets 862 EH/s Frenzy Fresh data collected on April 1, 2025, via hashrateindex.com, illustrates a descent in hashprice from $48.84 per PH/s on March 1 to the current $46.92. This figure encapsulates the hypothetical daily return for 1 PH/s of mining production. Despite the month’s downward trajectory, the hashprice oscillated dramatically, climbing to a peak of $54.38 in early March before eroding to…
Bitcoin’s rise from $20K to $114K shows market confidence and strong recovery trends. USDT’s $140B surge highlights its critical role in supporting crypto liquidity. Stablecoins like USDT are vital during both market dips and bullish phases. The crypto market is nothing if not dynamic, and a chart shared by analyst RickUntz highlights an intriguing interplay between Bitcoin (BTC) and USDT dominance, showcasing data that encapsulates key market movements from 2022 to 2025. The visual juxtaposition of BTC’s price trajectory and USDT’s market activity reveals a relationship that hints at broader market sentiment and potential outcomes for crypto traders. pic.twitter.com/3ilAZ5bDDK —…
Pudgy Penguins ended its PENGU token claim on Solana on Wednesday, and burned (or effectively destroyed) all remaining unclaimed tokens—about 13.69% of the total supply, valued at more than $150 million at the time of burning. The team initially intended to allow claims until March 9, but later changed the date, giving users just five more days to claim their PENGU. The expedited claim was put in place because a majority of Pudgy Penguins NFT owners had already claimed, according to project leader Luca Netz. “Makes no sense to keep it open if the data says that the only people…
Ethereum (ETH) shows promising pump signals. ETH sees inflows of $105 million in under 24 hours. Ripple’s XRP shows promising signs for a bullish pump. As Bitcoin maintains its slow progress towards ATH price recover, analysts are keeping a watchful gaze on reputable altcoins and XRP and ETH are on the top of the list. To highlight, the pioneer altcoin Ethereum (ETH) shows promising pump signals as $105,000,000 flows into ETH in under 24 hours. It looks like both whales and institutions are betting on ETH. Ethereum (ETH) Shows Promising Pump Signals $105,000,000 flowed into $ETH in 24 hours.That’s not…