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Crypto Sentiment Is “Very High,” Approaching “Extreme Euphoria”: Needham By PK Press Club

PK Press Club — Needham & Co. said its “Crypto Euphoria Needham Diagram” (CEND) reached its highest levels since inception, indicating that market sentiment for cryptocurrencies is “very high right now » and approaches “extreme euphoria”. The CEND Index, which tracks various metrics related to the crypto market cycle, recorded a reading of 64 this […]

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Retail demand for BTC provides strong support in weaker crypto market

By Omkar Godbole (All times ET unless otherwise noted) Bitcoin and most major cryptocurrencies are weaker after the Chicago Mercantile Exchange, a proxy for institutional activity, denied reports of listing futures linked to XRP and SOL. Traditional markets are also holding their breath in anticipation of the Bank of Japan’s expected interest rate hike on

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Nibiru EVM (Nibiru V2) codebase finalized following rigorous security audits by PK Press Club

Tortola, British Virgin Islands, January 23, 2025, PK Press Club Nibiru, a secure and high-performance blockchain, has successfully finalized the code for its upcoming Nibiru EVM (Nibiru V2) upgrade. “This milestone marks a key milestone in the evolution of Nibiru. Softly launching an initiative like this is about doing small things well to make a

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Bitcoin (BTC) Outlook Bullish and Prices Expected to Remain High: Deutsche Bank

The outlook for bitcoin (BTC), the world’s largest cryptocurrency, is positive and its price is expected to remain high in 2025, German bank Deutsche Bank (DB) said in a report on Wednesday. A more favorable regulatory and policy environment in the United States, growing institutional adoption, and looser monetary policy from the Federal Reserve are

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Layer 2 protocols on the Ethereum blockchain reach record transaction throughput

Ethereum Layer 2 protocols process transactions faster than ever, with Coinbase’s BASE at the forefront of this advancement. According to data from Growthepie.xyz, the cumulative transaction throughput for Layer 2s jumped to 29.64 million gas units per second (Mgas/s), the highest pace ever recorded. BASE comes first with 67% of the total. Gas is the

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Bybit Launchpool Introduces OBT and SOSO Rewards via bbSOL Staking by PK Press Club

Dubai, United Arab Emirates, January 23, 2025, PK Press Club Bybit, the world’s second largest cryptocurrency exchange by trading volume, is pleased to announce new rewards opportunities via bbSOL staking on Bybit Launchpool. Bybit users now have the ability to participate in mining via bbSOL staking and access various prize pools, all with just a

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Bitcoin (BTC) Price Could Hit Record Highs for More Than 70 Days This Year: Van Straten

Bitcoin (BTC), the largest cryptocurrency by market capitalization, is expected to hit 70-plus day highs this year, more than triple last year’s figure, if the price continues to reflect 2017’s performance . It’s already on its way, reaching $109,000 on January 20, the day of President Donald Trump’s inauguration. In 2024, it recorded 23 records,

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Bitcoin (BTC) above $100,000 is like a coiled spring close to an explosion in price volatility, key indicator suggests

Volatility traders looking to capitalize on large price swings may soon find opportunities. A key indicator suggests that bitcoin (BTC), currently above $100,000, is like a coiled spring ready to release energy in either direction. The indicator is the 60-day moving price range, representing the maximum and minimum price change in percentage terms. A narrower

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Dogecoin ETF Registered as Elon Musk’s DOGE Gains Ground

Bitwise has officially submitted a registration application for a dogecoin exchange-traded fund (ETF) as demand for memecoin increases in the market. A “Bitwise Dogecoin ETF” was submitted Wednesday evening and appeared at the Corporations Division of the Department of State in the US state of Delaware. Such deposits can often be spoofing, but Bitwise confirmed

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