Author: NBTC

The Texas Public Utility Commission approved the unified “Batch Zero” mechanism developed by ERCOT to interconnect large consumers to the power grid. ERCOT records more than 438,000 megawatts of projected demand in its current waiting list, of which nearly 90% comes from the data center segment. Cipher Digital shares rose 10.74% to an all-time high of $30 following the publication of the state regulatory measure. The newly approved Texas power grid reform could significantly boost Bitcoin mining companies that are repurposing their infrastructure to host artificial intelligence. The Public Utility Commission of Texas (PUCT) ratified this Thursday the new regulatory…

The United States is actively negotiating with Denmark to open three new military bases in southern Greenland, a move aimed at countering growing Russian and Chinese presence in one of the most strategically important maritime corridors on the planet. What’s on the table The negotiations center on three base sites in southern Greenland, with one likely candidate being the former Narsarsuaq facility. That site was originally built as a US military base and still has existing infrastructure that could simplify reactivation. Washington aims to designate these new bases as sovereign American territory, a significant legal distinction that would give the…

Cryptocurrency whale and well-known investor Jeffrey Huang has significantly increased his leveraged long position on Ethereum, pushing his holdings past the 10,000 $ETH mark. The move, reported by Odaily, comes as Huang continues to build on a strategy that has drawn attention from market observers due to its aggressive use of leverage. Details of the Position According to on-chain data and reports, Huang is employing 25x leverage on his Ethereum long position. This means that a relatively small price movement against his position could result in substantial losses. As of the latest data, with Ethereum trading above the $1,800 level,…

Bitmine has strengthened expectations for a potential stock rally after Chairman Tom Lee highlighted the company’s chances of joining the Russell 1000 index ahead of the benchmark’s latest reconstitution update. According to Tom Lee, the updated list of companies entering and exiting the Russell 1000 is scheduled for release on June 18, with Bitmine Immersion Technologies potentially qualifying for inclusion. Lee argued that membership could increase demand for the stock because many institutional funds and asset managers are required to allocate capital only to companies included in major indexes. The comments arrived as Bitmine continued expanding its position as one…

Michelle Bond, the wife of former FTX executive Ryan Salame, will face illicit campaign finance charges after a judge rejected her argument that prosecutors promised Salame that she would be cleared if he pleaded guilty. Manhattan federal judge George Daniels on Wednesday denied Bond’s bid to dismiss an indictment that alleged she illegally took money from the now-bankrupt crypto exchange FTX to help bankroll her unsuccessful run for Congress in 2022. Daniels wrote there was “no ambiguity” in the terms of Salame’s written plea agreement. “As the evidence made clear, all parties, including the defendants and their counsel, were aware…

KULR Technology (KULR), a New York Stock Exchange-listed company that adopted a Bitcoin treasury strategy in late 2024, appears to have sold 300 Bitcoin — valued at approximately $24.36 million — at a loss, according to on-chain analyst EmberCN. The funds were deposited to Coinbase Prime roughly two hours before the report, signaling a potential liquidation. Background: KULR’s Bitcoin Treasury Strategy In December 2024, KULR announced plans to allocate up to 90% of its corporate reserves to Bitcoin investments, positioning itself among a growing list of public companies embracing cryptocurrency as a treasury asset. By July 2025, the firm disclosed…

Ethereum extended its gains on the 15th of June, rising 2.75% for a second consecutive day. The move followed improving market sentiment after reports of a U.S.-Iran peace deal and the reopening of the Strait of Hormuz. At press time, $ETH traded at $1,720 after gaining 2.75% over the previous 24 hours. Trading volume jumped more than 65% to $4.95 billion, reflecting stronger market participation. Are investors still accumulating $ETH? Despite the rally, one metric continued to raise concerns. According to CryptoQuant, Exchange Reserves increased by 76,000 $ETH over the past week. Rising reserves typically indicate growing selling pressure as…

The Federal Reserve kept the federal funds rate locked at 3.50%-3.75% Wednesday in a unanimous decision, but it was the updated dot plot that instantly rewired expectations across rate-sensitive markets. According to the original report, nine of 18 FOMC participants now project at least one additional rate hike this year, with six officials penciling in multiple increases. Only one participant sees a cut in 2026. The statement itself was completely rewritten, emerging far shorter than any in recent memory. For crypto markets, already navigating a tight correlation with tech equities and macro liquidity cycles, that hawkish tilt matters. Higher rates…

An increasing scandal of Justin Sun and World Liberty Financial is attracting considerable coverage in the crypto community. Sun is said to have filed a suit claiming that his $WLFI tokens holdings have been frozen, yet he was a significant stakeholder. Tensions are rising at the intersection of crypto and politics.Justin Sun has alleged that associates tied to Donald Trump’s crypto venture, World Liberty Financial, threatened to burn his holdings of $WLFI tokens.According to claims in a lawsuit, the conflict reportedly began… pic.twitter.com/lsx3At9CbZ — Favorite 💗 (@angelsharmin21) April 24, 2026 This situation got even worse when he states that his…

Italy-based fintech Conio has received authorization to operate as a crypto-asset service provider under the European Union’s MiCAR framework, becoming one of the firms to secure approval before stricter licensing requirements take full effect across the bloc. Conio said the authorization was granted following a regulatory review involving Italy’s market watchdog Consob and the Bank of Italy. The licence permits the company to provide digital asset custody, transfer, and placement services under the EU’s crypto regulatory regime. The company said it plans to serve retail investors, financial institutions, banks, and fintech firms. Conio also intends to offer white-label services and…