Author: NBTC

CoreWeave’s transformation from a crypto-mining operator to a large-scale AI infrastructure provider highlights a broader shift in how computing resources are reused across technology cycles. In its latest newsletter, The Miner Mag outlined how Ethereum’s move away from proof-of-work reduced demand for GPU-based mining, pushing companies like CoreWeave to redeploy hardware toward AI training and other high-performance computing workloads as demand for compute began to rise. As Cointelegraph previously reported, CoreWeave began moving away from crypto mining as early as 2019, shifting first into cloud and high-performance computing before fully repositioning itself as a GPU infrastructure provider for AI workloads.…

Ethereum futures open interest has returned to pre crash levels, even as $ETH still trades about 32% below early October. At the same time, a separate chart setup flagged by a trader on X points to a possible repeat path that targets the $4,000 area if momentum keeps improving. Ethereum Open Interest Recovers as Price Lags Ethereum open interest has climbed back to levels seen before the Oct. 10 selloff, even as Ether’s price remains far below its earlier highs, according to futures data shared by market analyst Ted Pillows. Ethereum open interest on major futures venues has fully rebounded…

Mirae Asset Global Investments, a multinational asset manager with operations in Korea and India and over $353 billion in assets under management, is tapping into the tokenization expertise of UAE-regulated Ctrl Alt to pioneer fund tokenization in the UAE. Both entities will explore how existing regulated frameworks can be used for the issuance and management of tokenized funds. As per the press release, the collaboration will first focus on funds domiciled in the UAE, and potentially expand to other regulated financial markets in the GCC. Both intend to establish a framework for fund tokenization that can be applied globally. Ctrl…

U.S. Treasury sanctions two UK crypto exchanges accused of helping Iran bypass sanctions, signaling a major escalation in global crypto enforcement. OFAC’s move to blacklist entire crypto exchanges linked to Iran marks a turning point, raising compliance risks for UK and global crypto firms. The U.S. Treasury has taken a decisive step into crypto enforcement, sanctioning two UK-registered exchanges for allegedly helping Iran evade long-standing U.S. sanctions. The Office of Foreign Assets Control (OFAC) targeted Zedcex and Zedxion, accusing them of facilitating large-scale financial flows tied to Iran’s Islamic Revolutionary Guard Corps (IRGC). The move marks a major shift in…

Veteran commodities trader Peter Brandt has posted some disturbingly bearish charts that are virtually guaranteed to spook the bulls. Brandt, who has decades of experience in commodity trading, has noted that “symmetrical triangle” in Ethereum ($ETH) and a “right-angled broadening pattern” in the total cryptocurrency market paint a not-so-rosy picture for those who are betting on cryptocurrency market recovery. Between the symmetrical triangle in $ETH and the right angled broadening pattern in Crypto Total Cap, the burden of proof will be on the bulls pic.twitter.com/deR53fI8q5 — Peter Brandt (@PeterLBrandt) January 29, 2026 This comes after Bitcoin, the flagship cryptocurrency, plunged…

GameStop Corp. (NYSE: GME) stock is experiencing a significant surge in premarket trading on Thursday, January 22, 2026, following news that Chairman and CEO Ryan Cohen has substantially increased his stake in the video game retailer. The stock was trading at $22.39 in premarket, up $0.71 or 3.27% as of 5:28 AM EST, building on Wednesday’s 2.80% gain when shares closed at $21.69. This latest rally comes after Cohen disclosed his second major share purchase in two consecutive days, signaling strong confidence in the company’s future. Cohen’s Bold Share Purchases Signal Strong Confidence According to SEC filings, Ryan Cohen purchased…

The Cayman Islands are trending again in the crypto world. Recent social media posts state that the country now offers 0% capital gains tax on Bitcoin and cryptocurrencies. The announcement caused excitement among investors and traders. However, experts say this policy is not new. The Cayman Islands have followed this tax structure for many years. 🇰🇾 CAYMAN ISLANDS NOW OFFERS 0% CAPITAL GAINS TAX ON BITCOIN AND CRYPTOIT’S HAPPENING pic.twitter.com/MQfnPgBHNo — Vivek Sen (@Vivek4real_) January 31, 2026 No Capital Gains Tax Has Always Existed The Cayman Islands do not charge capital gains tax. They also do not impose income tax…

Ethereum price started a major decline after it failed to clear $3,050. $ETH is down 10% and is now struggling to stay above the $2,700 support. Ethereum failed to stay above $2,880 and started a fresh decline. The price is trading below $2,800 and the 100-hourly Simple Moving Average. There is a steep bearish trend line forming with resistance at $2,820 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,700 zone. Ethereum Price Dips 10% Ethereum price failed to remain stable above $2,880 and started a…

China has extended its gold buying streak to fourteen consecutive months, marking a significant moment in global finance. This steady accumulation reflects a long term strategy rather than a short term market reaction. China gold buying now plays a central role in discussions around reserve diversification and financial security. As global uncertainty rises, China continues strengthening its position through tangible and politically neutral assets. The People’s Bank of China has consistently added gold to its reserves while trimming exposure to US treasuries. This dual approach highlights growing concerns over geopolitical risk and currency vulnerability. China gold buying aligns with broader…

The UK’s Financial Conduct Authority has published Consultation Paper CP26/4, which outlines how its regulatory handbook will apply to firms carrying out newly regulated cryptoasset activities. The proposals outline standards of conduct, consumer protections, rules on safeguarding, and expectations for international firms looking to access the UK market. Under CP26/4, the FCA has proposed that the Consumer Duty be applied to crypto firms in the same way as it is for other authorized firms. As a result, firms that serve retail customers would have to show fair value, transparent disclosures, and effective consumer support. However, the Duty would not apply…