Author: NBTC

Ethereum price remained below the $3,500 resistance while Bitcoin rallied. ETH is consolidating above $3,120 and facing many hurdles. Ethereum failed to gain pace for a close above $3,450 and corrected gains. The price is trading below $3,300 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,370 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,325 resistance level. Ethereum Price Stuck In A Range Ethereum price started a decent upward move above the $3,300 level but upsides were limited compared…

James Seyffart, a renowned Bloomberg ETF analyst, has shared insights into the potential approval process for crypto exchange-traded funds (ETFs), including the XRP ETF. He also focused on the ETFs for altcoins like Solana (SOL), Litecoin (LTC), and Hedera (HBAR). Seyffart highlighted the complexities and regulatory hurdles facing these applications, suggesting that decisions could stretch into late 2025. Altcoin ETFs Approval Timeline Seyffart explained that the approval of ETFs tied to Bitcoin and Ethereum was possible due to the presence of regulated futures markets for these cryptocurrencies. “Without a regulated market of significant size, the SEC has historically denied altcoin…

US President-elect Donald Trump’s launch of his own cryptocurrency, $TRUMP, has created a storm in the crypto world, with its market capitalization soaring to several billion dollars in a short period. The meme coin was released just days before Trump’s inauguration as the 47th President of the United States. Critics have raised concerns that the timing of the release may be an attempt by Trump to cash in on his presidency. There is a growing concern that this move could fuel speculation, with investors rushing to capitalize on the hype before the value crashes. In light of this, attorney John…

Bitcoin mining difficulty reached 110.45T after eight consecutive positive adjustments. Rising difficulty pushes miners to innovate with AI and alternative revenue strategies. Bitcoin’s hashrate remains strong at 775 EH/s, signaling resilience despite growing challenges. Bitcoin mining difficulty has soared to a new record high of 110.45 trillion. This marks a significant increase from the original network difficulty, making mining approximately 110.45 trillion times harder than when Bitcoin first launched. Difficulty adjusts every 2,016 blocks, ensuring blocks are mined roughly every 10 minutes. JUST IN: #Bitcoin mining difficulty hits a NEW ALL TIME HIGH 🚀 pic.twitter.com/uI0JgtomQS — Bitcoin Magazine (@BitcoinMagazine) January…

Bitcoin price today has hit a new ATH of $109,114 with a 24-hour trading volume of $112.51 billion. Trump’s pro-crypto agenda could result in the price attempting to achieve a new high this week. With only a few hours remaining of President-elect Donald Trump’s oath-taking ceremony for the second time, the BTC Price has successfully smashed a new all-time high of $109,114. This highlights an optimistic behavior among investors toward the growing blockchain technology. Reportedly, the Bitcoin price has surged 16.93% in seven days, resulting in it achieving a new all-time high (ATH) today. will the pro-crypto policies of Donald…

Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won (nearly $690,000) during Tether (USDT) transaction at a hotel on Jan. 16, Maeil Business Newspaper reports, citing Jeju Western Police. The group is accused of attacking the crypto dealer — known just as A — and taking the cash. The suspects, including a man in his 40s — called B —, say they’re the real victims. Police said the group…

A link between the expansion of the meme coin industry, especially on Solana, and the upward trend in the price of Bitcoin, was recently brought to light by Binance CEO Changpeng Zhao. What’s good for memes is good for Bitcoin, he said, illuminating a phenomenon in which the biggest cryptocurrency gains indirect advantages from the booming meme coin market. Much attention has been paid to the recent expansion of Solana’s meme coin industry. Massive trading volumes have been driven by these highly speculative assets attracting both new and returning investors to the larger cryptocurrency ecosystem. Together with its infrastructure improvements…

Open interest on Dogecoin options topped $4 billion over the weekend—the highest mark ever for the top meme coin. On Saturday, crypto futures traders had $4.06 billion worth of bets on the meme coin, CoinGlass data shows. That’s a new high for the asset. The figure has since dipped to $3.6 billion, as of Monday. Of that number, the majority of the traders are betting on the price of the asset to drop in the future, CoinGlass shows, with $1.9 billion in “shorts” contracts waiting to expire. Open interest refers to the amount of contracts that have not yet been…

According to the report by the Supreme Court of Cassation in the latest ruling on January 15, 2025, crypto are not considered as potentially seizable assets. In fact, digital currencies like Bitcoin do not yet have a legal value in Italy and therefore cannot be seized in advance by the tax authorities in case of tax evasion. This interpretation could, however, undergo future revisions in light of the adoption of the MiCAR Regulation, which introduces a clearer and more rigorous regulatory framework for the management of crypto-assets. Let’s see all the details below. Judgment no. 1760/2025 of the Cassazione: crypto…

Bitcoin is now a part of Rumble’s balance sheet. The Bitcoin treasury strategy bug is spreading like wildfire and shows no signs of slowing. Among the firms that have caught this bug over the past year is the online video platform Rumble. In November 2024, the firm announced a $20 million strategy following an interaction between its CEO, Chris Pavlovski, and perhaps patient zero of this Bitcoin treasury epidemic, MicroStrategy Chairman Michael Saylor. Now, the firm has announced its first purchase. Rumble Takes a Bite of the Orange Pill Bitcoin is now a part of Rumble’s balance sheet. On Monday,…