Author: NBTC
Key Takeaways Digital asset investment products saw almost $2.2 billion in inflows, marking the strongest week since October 2025. Bitcoin led with over $1.5 billion in inflows; Ethereum and Solana attracted $496 million and $45 million, respectively. Investors poured approximately $2.2 billion into digital asset products last week, marking a peak in weekly inflows not seen since October 2025, according to CoinShares. By assets, Bitcoin dominated with over $1.5 billion in new capital. Ethereum trailed with nearly half a billion dollars, while XRP rounded out the top performers with inflows topping $69 million. Funds tied to Solana, Sui, Litecoin, and…
President Donald Trump’s negotiators on the U.S. Senate’s crypto market structure bill refuse to sign off on legislation that goes after the president directly for his digital assets business ties — one of the chief points Democrats have demanded in talks over how the U.S. industry should be governed. Some of the earlier proposals for the ethics provisions in the bill — especially those proposed by Senator Adan Schiff of California — were “completely outrageous,” Patrick Witt, the executive director of the President’s Council for Advisors for Digital Assets, told CoinDesk TV in an interview Tuesday at the Ondo Summit…
Older and mid‑range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466I have reportedly already crossed shutdown thresholds, while even newer S21 units are nearing viability limits. The Profitability Cliff The bitcoin mining industry is facing a severe profitability squeeze this week as a combination of falling cryptocurrency prices and high network difficulty forces several mining rigs into the red. According to the latest data from Antpool, current market conditions have pushed multiple hardware models past their “shutdown price.” Based on a standard electricity cost of $0.08 per kilowatt-hour, the data reveals a grim landscape for…
Ethereum fell to a low of $2,156 early Monday following a five-day drop as the crypto market intensified its sell-off. According to Alicharts, the $2100 to $2,250 zone has served as a key support range for Ethereum ($ETH) over the past two years. The $2,250–$2,100 zone has served as a key support range for Ethereum $ETH over the past two years. pic.twitter.com/qWEDtg5Wxp — Ali Charts (@alicharts) February 2, 2026 Momentum indicators, including the daily RSI, are at oversold levels, below 30, indicating the possibility of a relief rally in the coming sessions. $818 million in market liquidations A total of…
EverGen secures a $13m Farm Credit Canada loan and extends its private placement to refinance debt, fund working capital, and support its RNG growth strategy into 2026. Summary EverGen’s Fraser Valley Biogas unit locked in a $13m term loan plus a $250k operating line with Farm Credit Canada, pending closing conditions. The company is extending its second-tranche, non-brokered private placement to raise up to $2m after a $5m first tranche in May 2025. Proceeds will be used to repay corporate debt, strengthen liquidity, and back EverGen’s RNG platform and North American expansion plans. EverGen Infrastructure Corp. announced progress on debt…
France’s government may consider restricting the use of VPNs as part of efforts to keep children 15 years old and younger off social media, according to Digital Affairs minister Anne Le Hénanff. Virtual private networks, or VPNs, are services that provide an encrypted connection to the internet, shielding your internet protocol (IP) address from prying eyes. Speaking in an interview with Franceinfo, Hénanff said that the social media ban for under-15s was “only the beginning” and that there are other measures they could consider, including restrictions on VPNs. “VPNs, I’m not naive, we know the digital environment in which we’re…
Bitcoin briefly slid to $72,863 on Bitstamp on Tuesday, but publicly traded mining stocks managed to post mixed-to-positive daily performances even as U.S. stock indexes closed firmly in the red. Bitcoin Miners Defy Red Screens Amid Geopolitical Jitters Bitcoin’s dip followed a risk-off jolt after Reuters reported the U.S. shot down an Iranian drone approaching an aircraft carrier, unsettling global markets. While stocks like Strategy (MSTR) and Coinbase (COIN) weakened alongside the move, bitcoin steadied near the $76,000 level by press time, helping miners avoid deeper damage. Among the top miners by market capitalization, according to bitcoinminingstock.io stats, IREN Limited…
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury firm, continued its weekly ether $ETH$2,276.43 purchase streak even as a sharp crypto sell-off deepened its unrealized losses and sent its stock to new 7-month lows. The firm said in a Monday update that it bought 41,788 $ETH last week, its largest weekly token haul so far this year, worth around $96 million at current prices. The purchase lifted BitMine’s total $ETH holdings to 4,285,125 tokens, or about 3.55% of Ethereum’s circulating supply, according to a company update released Monday. The firm also holds 193 bitcoin BTC$77,528.46, $586 million in cash, a…
US President Donald Trump signed the budget bill that ended the partial government shutdown that began over the weekend. Thus, the first government shutdown of 2026 was resolved quickly. Unlike last year’s record-breaking 43-day shutdown, this time the process moved quite quickly. The bill passed by Congress, which provides for the reopening of the government, was sent to President Trump’s desk. With Trump’s signature, the process for federal agencies to resume full-capacity operations was initiated. The approved regulation provides funding for most of the federal government until September 30, while the Department of Homeland Security’s budget has been temporarily extended…
Bitcoin BTC$76,073.52 mining stocks kicked off 2026 on a strong note, buoyed by falling network competition and fresh enthusiasm around high-performance computing (HPC), Wall Street bank JPMorgan said in the Monday report. The bank noted that the 14 U.S.-listed bitcoin miners and data center operators it tracks ended last month with a combined market capitalization of $60 billion, up 23% month over month, far outpacing the S&P 500’s 1% gain. The rally was helped in part by news that Riot Platforms signed a HPC agreement with AMD at its 700-megawatt Rockdale facility, underscoring miners’ push to diversify beyond bitcoin. Facing…