Author: NBTC
Ethereum (ETH) is down almost 10% on February 25. This drop has pushed its market cap below $300 billion, marking the first time it has fallen to this level since early November 2024. Multiple indicators, including RSI and moving averages, show bearish momentum. As ETH navigates this downturn, market watchers are looking for signs of either a continued decline or a potential reversal. RSI Shows an Oversold State for Ethereum ETH’s RSI is currently at 29 after dropping to 21.3 a few hours ago. This marks the first time since February 3 that ETH has entered oversold territory, indicating intense…
Ripple’s XRP has seen price declines recently. As a result, this has led to mixed reactions from analysts. Some think the cryptocurrency is struggling due to outside factors. However, others argue it remains strong against Bitcoin (BTC). Adding another layer to the story, Japanese exchange SBI VC Trade has increased its cryptocurrency lending services, which adds more options for XRP holders Conflicting Views on Market Performance Tony Edward has pushed back against Bitcoin maximalists. Specifically, he says they are unfairly singling out XRP’s decline when the entire crypto market is experiencing a general downturn. As of press time, trading at…
VitaminAi, an advanced marketplace of AI Agents, has revealed a strategic collaboration with PalmCode. This collaboration is integrating artificial intelligence (AI) operations with palm reading analysis. The partnership enables users to receive cutting-edge destiny evaluations through AI-powered Web3 integration. VitaminAi utilizes its expertise in AI-based solutions to team up with PalmCode’s unique palmistry approach thus creating a new method for users to access and understand palm reading data. 🚀 VitaminAi x PalmCode Partnership Announcement 🚀 VitaminAi is thrilled to partner with PalmCode, the cutting-edge platform that fuses AI with the ancient wisdom of palmistry! 🖐️✨ By harnessing advanced AI and…
Michael Saylor’s Strategy, the self-styled Bitcoin treasury firm previously known as MicroStrategy, is closing in on a historic milestone — half a million BTC holdings. In a recent tweet, Bitcoin historian Pete Rizzo noted that Strategy is now $80 million away from reaching 500,000 BTC in holdings. STRATEGY IS NOW JUST $80 MILLION SHORT OF BUYING 500,000 #BITCOIN CLOSING IN ON HISTORY 🚀 pic.twitter.com/Ml5A4UXTmC — The Bitcoin Historian (@pete_rizzo_) February 27, 2025 Under Saylor’s leadership, Strategy has consistently doubled down on Bitcoin, making it one of the largest corporate holders of the cryptocurrency. As of Feb. 23, 2025, Strategy held…
Key Takeaways The SEC is reviewing NYSE Arca’s proposal for staking activities in Grayscale Ethereum Trust ETFs, with a decision before May 26, 2025. The proposal allows the Trusts to stake ether through trusted providers, earning rewards as income without changing the custody arrangement. The SEC started reviewing NYSE Arca’s proposal to allow staking activities for the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF, with a decision expected before May 26, 2025. NYSE Arca filed the proposed rule change on February 14, 2025, which would enable the Trusts to stake Ethereum tokens through trusted providers and earn…
Comedian William Banks went viral after posting a video of what he claims showed him escaping prison on social media, shortly before he went on a spree of “rug pulling” Solana meme coins. Banks told Decrypt his goal was to be a Robinhood-like “hero” and donate $50,000 of the proceeds to charities supporting those suffering in Palestine following Israel’s attacks on Gaza—sharing purported receipts of these payments on X. In October, the comedian was charged and arrested in Westport, Connecticut, for stealing five yard signs that had the Israeli flag on them, according to local reporting. Westport Police confirmed his…
Plume Network, a popular L1 blockchain for RWA tokenization, has partnered with Orochi Network, a prominent platform for data verifiability via cryptography and zero-knowledge proof. The partnership focuses on enhancing the scalability and security of the real-world assets. The platform revealed this collaboration on its official X account. We’re excited to onboard @OrochiNetwork to bring their ZKP-powered infrastructure to Plume as part of Plume Nexus, our onchain data highway.This will set a new standard for secure RWAs onchain, empowering us to build a more secure, scalable, and compliant RWAfi ecosystem. pic.twitter.com/BoZOQNJPmC — Plume Network – RWAfi L1 ✈️ ETHDenver (@plumenetwork)…
The giant Bitcoin whale “Spoofy”, who is good at spotting both declines and increases, also evaluated the recent decline. At this point, a Bitcoin whale known as “Spoofy” purchased more than $344 million worth of BTC from Bitfinex when the price of Bitcoin dropped below $90,000. Cryptocurrency analyst with the pseudonym Saint Pump noted that Spoofy is one of the largest investors in the space. The analyst also shared the whale’s previous trades. Accordingly, the whale also evaluated the crash by accumulating BTC during the LUNA and FTX crashes in 2022. The analyst stated that Spoofy bought 70,000 Bitcoins when…
$ETH is in the news as a highly prominent crypto whale organization known as 7 Siblings made a major Ethereum purchase of 12,070 ETH tokens at $2,382 per coin shortly after market prices showed a dip. The large-scale transaction cost them 28.75 million DAI, reflecting 7 Siblings’ sustained faith in Ethereum’s long-term growth prospects despite market fluctuations. The 7 Siblings’ recent purchase added another 1.15 million ETH to their wallets, which now hold 2.8 billion dollars worth of crypto coins through two major wallets. After the market dropped, 7 Siblings spent 28.75M $DAI to buy 12,070 $ETH at $2,382 again.7…
Mint blockchain unleashes its native token, $MINT to reshape the landscape of non-fungible tokens (NFTs) and artificial intelligence (AI). $MINT is the first utility token powered by Superchain, adopting the token standard of SuperchainERC20. This native token enables effortless interoperability with the network of Optimism. Introducing $MINT, the native token of the Mint Blockchain Ecosystem 🍀$MINT is the first utility token of a Superchain to use SuperchainERC20 token standard with @Optimism interoperability. 82% of $MINT will be devoted to Mint Blockchain Ecosystem & Community, MintDAO, and… pic.twitter.com/bCmeCjNZZc — Mint🍀 (@Mint_Blockchain) February 27, 2025 This cutting-edge advancement enhances the decentralized infrastructure.…