Author: NBTC

ETH price is testing a crucial support level after carving out a bullish reversal pattern. Could a bounce from here put it back on track for a strong upward move? Summary ETH price is testing $4,100 support level after dropping from its Monday high. A double-bottom pattern has formed on the 4-hour chart. Technical indicators have signaled early signs of reversal. After rallying 10% to a weekly high of $4,232 on Monday, Ethereum (ETH) has pulled back as profit-taking kicked in, slipping close to psychological support at $4,100, a level it needs to hold to prevent deeper losses. Ethereum’s slump…

On October 28, both crypto ETFs, Bitcoin and Ethereum, recorded gains. Bitcoin ETFs saw a combined inflow of $202.48 million, with Arl & 21Shares ARKB leading the session. Meanwhile, Ethereum $246.02 million, surpassing Bitcoin. Bitcoin ETF Breakdown According to data from SoSoValue, Bitcoin ETFs recorded $202.48 million in inflows, with only three ETFs posting gains. Ark & 21Shares ARKB and Fidelity FBTC reported $75.84 million and $67.05 million, respectively. BlackRock IBIT posted the smallest gains for the day with $59.60 million in inflows. Neither of the funds posted any outflows on Tuesday. The total trading value reached $4.18 billion with…

South Australia Police made 55 arrests over the weekend in the latest phase of Operation Ironside, the long-running domestic arm of a global sting that infiltrated an encrypted messaging network, following the High Court’s ruling that intercepted messages could be used as evidence. Authorities have filed some 800 new charges tied to drug trafficking, firearms, and conspiracy offenses, adding to ongoing Ironside cases that already cover financial crime and money laundering. Crypto, traced through wallet addresses and associated accounts, has remained a key part of the probe, with seizures adding to what is already around A$58 million (US$37.9 million), per…

This analysis examines the hyperliquid exchange, its Layer-1 blockchain, HYPE token, trading features, security record, and staking mechanics. What is Hyperliquid exchange and what does it offer? Overview of Hyperliquid decentralized exchange, Layer-1 blockchain, and HYPE token (hype token value) Key trading features and performance metrics Security and staking options How does the Layer-1 blockchain support Hyperliquid’s trading? What consensus mechanism drives the Layer-1 and how fast are transactions? (hyperliquid consensus mechanism, hyperliquid transaction speed) How does the Hyperliquid order book model interact with perpetual trading? (hyperliquid order book model, hyperliquid perpetual trading) What are withdrawal options and staking rewards…

With large-scale investors clearly regaining confidence in spot ETFs, Ethereum looks to be setting up for a significant institution-driven move. According to data available, Bitcoin spot ETFs saw net inflows of $149 million on Oct. 27, which was the third day in a row that they saw positive capital movement. More significantly, there were zero net outflows from any of the nine active Ethereum spot ETFs, resulting in $134 million in total inflows. This is an uncommon and potent sign of ongoing institutional appetite. ETH ETFs surge This surge of inflows comes after the crypto ETF market stagnated in early…

The Smarter Web Company is showing strong insider confidence as major shareholders continue to hold firm. A recent TR-1 notification revealed that 210k Capital LP, a fund managed by UTXO Management. It has not sold a single share since the company’s IPO. Combined with the holdings of CEO Andrew Webley, more than 22% of the company’s shares are now owned by major insiders. Major Investors Hold Steady According to the filing released on October 29, UTXO Management, through 210k Capital LP, holds 39 million shares in SWC. This represents 12.99% of the company. The filing confirmed that there has been…

In his first 60 Minutes interview in half a decade, President Donald Trump defended his decision to pardon Binance founder Changpeng “CZ” Zhao, insisting he had no personal knowledge of the crypto billionaire and was acting on what he described as a politically motivated prosecution by the previous administration. Asked by correspondent Norah O’Donnell why he pardoned Zhao, who pleaded guilty in 2023 to violating anti-money-laundering laws, Trump replied frankly. “Okay, are you ready? I don’t know who he is. I know he got a four-month sentence or something like that. And I heard it was a Biden witch hunt,”…

Payments processor Zelle’s parent company said Friday that Zelle would start using stablecoins to make international transactions for the firm. Early Warning Services, which manages Zelle, said that using stablecoins would “enable Zelle to deliver faster and more reliable cross-border money movement.” “The effort marks an important step in expanding the reach of Zelle globally by leveraging stablecoins,” an announcement by Early Warning Services said in an announcement read.  Early Warning Services CEO Cameron Fowler added: “Zelle transformed how Americans send money at home.” “Now, we’re beginning the work to bring that same level of speed and reliability to…

SharpLink Gaming, one of the largest publicly traded holders of Ethereum, announced Tuesday that it plans to deploy $200 million in ETH from its treasury onto the Linea layer-2 network. The deployment will occur over multiple years using risk-managed strategies, the firm said in a statement, and will take place in collaboration with Linea creator Consensys. (Disclaimer: Consensys is one of 22 investors in an editorially independent Decrypt.) The initiative enables SharpLink to generate enhanced yields on its ETH holdings through multiple sources: Native Ethereum staking rewards, restaking rewards from securing EigenCloud Autonomous Verifiable Services, and incentives from Linea and…

Crypto.com has partnered with Pineapple Financial to provide custody and staking infrastructure for its INJ treasury, adding to its growing roster of institutional custody clients. Summary Crypto.com will provide regulated custody and native staking infrastructure for Pineapple Financial’s million INJ treasury. Pineapple Financial has launched its Injective-based treasury initiative with an initial $8.9 million INJ acquisition, becoming the first publicly traded company to hold the asset. The partnership expands Crypto.com’s growing roster of institutional custody clients, which already includes the TON Foundation, VeChain Foundation, VivoPower, Aditxt, and SOL Strategies. The partnership follows Crypto.com’s recent application for a U.S. National Trust…