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Author: NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Michigan State Pension Fund Boosts Strategy Holdings by 141%

The Michigan State Retirement Fund has increased its stake in Strategy (formerly MicroStrategy) by 141%, bringing its total holdings to 14,000 shares valued at approximately $1.34 million. The disclosure, reported by Binance News and sourced from BitcoinTreasuries.NET, underscores a growing trend among public pension funds to allocate capital to companies with significant bitcoin treasury operations. Context and Significance This move by Michigan’s pension fund reflects a broader institutional shift toward indirect bitcoin exposure. Instead of directly purchasing the cryptocurrency, some funds are opting for shares in companies like Strategy, which holds substantial bitcoin reserves on its balance sheet. Strategy, under…

Regulation

Cardano hands core development to outside teams in decentralization push

Cardano developer Input Output is handing control of core blockchain infrastructure to outside teams, reducing the network’s dependence on the company that built it, Input Output announced Friday. Input Output said the handover is the next phase of Cardano’s decentralization. It covers Cardano’s Haskell node, Plutus smart-contract platform, Daedalus wallet, Hydra scaling technology and developer relations. Specialist companies include Se7en Labs, a development agency specializing in Solana blockchain infrastructure, and Teragone, a specialist software development and cryptographic research team that leads the development of Mithril, a stake-based signature protocol for the Cardano blockchain. Both will take responsibility for some of…

Altcoins

Bitcoin’s first institutional bear market is starting to take shape and draining liquidity

In an institutional bear market, a Bitcoin ETF redemption is almost aggressively boring. An investor sells shares, an authorized participant returns a large block to the trust, and the fund either pays cash or transfers $BTC. Its assets shrink while the shares keep trading near net asset value and the custodian carries on. Since the SEC approved in-kind redemptions in July 2025, the coins themselves can leave through this process without forcing the trust to sell them on the market. In 2022, the exit often began with a disabled withdrawal page and ended in bankruptcy court. But now, in 2026,…

Bitcoin

Biotech company asks shareholders to dilute stock by 951% to hoard illiquid crypto token instead of funding its own drug

Enlivex, a Nasdaq-listed biotechnology company, is asking shareholders to authorize up to $800 million of financing tied to the $RAIN crypto token. The structure could increase its share count by as much as 951%. Despite Enlivex's biotech business, the financing is primarily a crypto-treasury transaction. $RAIN delivered at closing would go to the company's treasury wallets, while substantially all cash or stablecoin proceeds are earmarked to acquire the token or support other treasury purposes, transaction costs, and debt. Only up to 5% of remaining USD proceeds could fund Allocetra. Shareholder approval is required for an initial $400 million placement and…

Regulation

Community Rejects Claims of Official Ownership

In a recent tweet, vocal Dogecoin member Mishaboar shared a reminder with the Dogecoin community. He reminded the community that no entity, fund, or enterprise owns or officially represents Dogecoin. He added that anyone implying or stating authority over Dogecoin might be pushing a misleading claim. In his words, Doge is permissionless and decentralized, letting anyone use it, build with it, or do whatever with it. "Legitimacy is earned, not claimed," Mishaboar said, asking his X followers to "judge any company, fund, or entity by its track record, its openness and transparency, the real value of its work and products.…

Altcoins

Robinhood's Kerbrat pushes tokenization as memecoins rule its token-less L2

Robinhood Crypto SVP Johann Kerbrat says the firm’s tokenization work is “just the beginning,” choosing to direct focus to the network’s technical infrastructure over issuing a token. The network is currently focusing on its new stock tokens, which give users access to 24/7 onchain versions of equities like Nvidia and Apple. Does Robinhood Chain have a token? Per Cryptopolitan’s earlier reporting, Robinhood Chain decided to deviate from the strategy of most networks and shipped without a native token. It is a permissionless, EVM-compatible layer-2 built on Arbitrum’s tech stack that settles to Ethereum and charges gas in ether. Robinhood’s focus…

Blockchain

Global M2 jumps $1 trillion, yet BTC could still fall – Why?

The crypto market has yet to shake off the turbulence that has rattled it for weeks. The signals also failed to rule out a further decline in the coming weeks. Capital flow drove much of that weakness, particularly as stablecoin supply kept falling short of demand. Global M2 supply, another major market lever, climbed steadily without delivering the growth many had priced in. Can Global M2 supply lift crypto? Alphractal recently reported that Global M2 money supply jumped by roughly $1 trillion in a single week. China accounted for roughly 80% of that increase, or $800 billion. Other economies accounted…

Bitcoin

India’s Gen Z Is Fueling Record Crypto Adoption; Here’s How They’re Investing

India’s position as the global leader in crypto adoption is being fueled by its younger generation. Gen Z investors are now embracing cryptocurrencies like never before. This group has started to consider digital assets as a part of their small investment portfolio along with stocks, mutual funds, and SIPs. A recent report highlights this growing trend in the evolving Indian crypto market, where young investors are choosing to invest in different digital assets. While Bitcoin remains the most chosen asset, some are also including cryptocurrencies like Ethereum and Solana into their stash. How India’s Gen Z Investors are Driving Crypto…

Regulation

A Well-Known Market Whale Sold a Large Amount of This Altcoin, Leading to a Price Drop

A cryptocurrency wallet allegedly linked to Andreessen Horowitz (a16z) made millions of dollars in sales during the sharp drop in $HYPE price. According to HyperInsight data, the wallet in question processed transactions worth approximately $6.48 million, selling 105,400 $HYPE tokens at an average price of $61.49. An additional 190,000 $HYPE tokens were transferred from the wallet via collection addresses linked to various cryptocurrency exchanges, including Bybit. However, it is not yet clear whether all of these tokens have been sold on the market. The address facilitated a total movement of 315,000 $HYPE throughout the day. The wallet’s current balance on…

Altcoins

Tether CEO Paolo Ardoino Denies Reports of Company Building Its Own Blockchain

Tether CEO Paolo Ardoino has publicly denied recent reports suggesting that the company behind the world’s largest stablecoin, $USDT, is developing its own blockchain. The denial comes in response to a market analysis report that claimed Tether was working on a so-called ‘stablechain.’ Background: The ‘Stablechain’ Speculation The speculation began when a market analysis report, cited by BeInCrypto, suggested that Tether was exploring the creation of its own blockchain network. Such a move would have been significant, as Tether currently operates primarily on multiple existing blockchains, including Ethereum, Tron, and Solana, among others. A proprietary blockchain could potentially reduce transaction…

Blockchain