Author: NBTC
Bitmine Immersion Technologies expanded its Ether holdings over the past week as its chairman urged shareholders to approve a proposal that would allow the company to further build its crypto treasury and staking operations. The company said it purchased 24,266 Ether (ETH) over the past week, lifting its total crypto holdings to about 4.17 million ETH, or 3.4% of the token’s circulating supply. According to Monday’s announcement, the company reported about $14 billion in combined crypto and cash holdings, including $988 million in cash. In addition to ETH, it holds 193 Bitcoin (BTC) and a $23 million stake in Eightco…
In a recent report, TRM Labs sustained that organic adoption dominates trading volumes, as stablecoins have become a key driver for Venezuelans navigating economic instability and exclusion from traditional global settlements and payments platforms, even in an ecosystem with structural risks. TRM Labs: Venezuela’s Organic Crypto Adoption Surpasses Illicit Activity TRM Labs, a global blockchain forensics and analytics firm, has discussed the current state of the cryptocurrency ecosystem in Venezuela against a backdrop of increased sanctions. In a recent article, the firm acknowledged that, even with renewed global compliance concerns, the usage of stablecoins remains primarily driven by “necessity rather…
Key Highlights On January 8, Wyoming Senator Cynthia Lummis shared a post related to the ongoing discussion around crypto legislation bills In the post, she seems to be reviewing a draft of the Bitcoin and crypto market structure bill ahead of mark up session on January 15, 2026 On January 8, Wyoming Senator Cynthia Lummis shared a cryptic post on X (formerly Twitter), which looks like she is reviewing an important government document. This document is none other than a draft of the Bitcoin and crypto market structure bill, which has currently sparked a discussion in the crypto community. (Source:…
Some of you may remember an article I published years ago, Understanding Lightning Network Using an Abacus, which I wrote after it became clear to me that many people didn’t fully understand how Lightning works. At the time, my goal wasn’t to explain Lightning’s cryptography or implementation details, but to demystify the core idea behind payment channels. I used the analogy of the abacus to focus on the concept rather than the mechanics. It worked extremely well and people later adopted the abacus analogy to explain Lightning to noobs. Lately, I’ve been feeling a strong sense of déjà vu. When…
Ethereum’s price is compressing into a tightening triangle, with converging support and resistance levels signaling a decisive breakout as volatility continues to contract. Summary ETH is trading into a triangle apex with converging support and resistance Price remains above the Point of Control, supporting bullish bias A volume-backed breakout is needed to confirm direction Ethereum’s (ETH) current price action is entering a critical technical phase as the market continues to coil within a well-defined triangle pattern. This structure reflects a period of volatility compression, where price is being squeezed between rising support and descending resistance. Such formations often precede decisive…
US Bitcoin spot ETFs widened their positive performance on December 12, 2015, displaying an indicator of optimism in the crypto funds after weeks of outflows. According to data shared today by market analyst Wu Blockchain, Bitcoin ETFs registered net inflows worth $49.16 million on Friday, adding on top of other daily positive flows experienced during the week. Despite being a mild capital inflow, this was a positive performance – the third consecutive day of gains for Bitcoin ETF products this week. As per data sourced from SoSoValue, Bitcoin ETFs experienced an inflow of $237.44 million on Thursday and also witnessed…
The United Kingdom HMRC has ordered cryptocurrency exchanges to share user data as it intensifies its efforts to recoup £300 million in taxes in the new year. The new development is a part of the new tax rules that came into effect on January 1, 2026, amid moves by His Majesty’s Revenue and Customs to boost taxes from the crypto sector. According to reports, failure to follow the new guidelines could see users face several penalties. The guidelines include sharing accurate personal information that the HMRC can use to link users’ crypto accounts to their tax records. This ensures that…
BNB Chain is preparing to increase block production speed by approximately 40% by rolling out its third major network upgrade, called Fermi, on January 14th. The update aims to make the network faster and more predictable for developers and users. Danny Cooper, team leader of Vanguard Vantage, a sub-DAO of Venus Protocol within the BNB Chain ecosystem, stated that while the change may seem small, it will make the network feel more “responsive and resilient,” especially during periods of high volatility. According to Cooper, this improvement will enhance the user experience by reducing latency during peak trading hours. The update…
Ethereum is nearing a decisive phase that could unlock a major long-term price expansion. A higher-timeframe analysis shared by a TradingView analyst suggests that, despite current short-term weakness, Ethereum remains structurally positioned for a significant upside move. If the ongoing formation resolves as expected, the projected breakout places Ethereum’s price well above $24,000. Ethereum’s Long-Term Structure Remains Intact From a broader perspective, the analyst emphasizes that Ethereum has not broken its established trend since 2020. Over that period, price action has continued to form higher highs, reinforcing the view that the long-term structure remains valid. Rather than signaling failure, the…
An anti-decentralized finance group is reportedly running advertisements on Fox News encouraging the public to pressure their Senators into passing crypto market structure legislation that excludes DeFi provisions perceived to be threatening to the banking industry. According to two screenshots shared Friday on X by Crypto in America host Eleanor Terrett, the Investors For Transparency members wrote: “Tell Your Senator: Pass Crypto Legislation Without DeFi Provisions,” sharing a hotline number to contact their local Senators. “Don’t Let DeFi Stall Innovation,” another snippet of the ad said, which appears to echo concerns from banking lobbyists over the CLARITY Act permitting stablecoin…