Author: NBTC
The number of Bitcoin (BTC) millionaires has surged in the first half-year of Donald Trump’s second term as President, according to new data from Finbold Research. Between January 20 and July 20, 2025, a total of 15,841 new Bitcoin wallet addresses reached millionaire status, bringing the overall count to 192,205, representing a 9% increase in just six months, with an average of 88 new millionaire addresses added every day. Finbold Research analyzed the data using figures retrieved from BitInfoCharts, with historical snapshots verified through the Wayback Machine. The findings show a consistent increase across all tiers of high-value addresses, but…
This is a segment from The Drop newsletter. To read full editions, subscribe. Are we ever going to see NFTs boom again? Luca Netz thinks so. The Pudgy Penguins have become one of the most recognizable brands in crypto since Luca “Netz” Schnetzler took the helm in early 2022, ultimately becoming the CEO of Igloo Inc. and, later, the co-inventor of the Ethereum L2 Abstract. “I think you’ll see mania again,” Netz told me in an interview. “I think you’ll see a version of 2020, 2021, happen. I think you’ll see that again.” Netz also has the hot take that…
The Ethereum price today is holding above $3,430 after a steep rally that followed a breakout from a multi-month cup and handle pattern. Price surged past $3,100 earlier this week and is now approaching a key zone near $3,500. Traders are watching closely to see if this upside continuation holds or if a temporary pause sets in at resistance. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) The daily chart shows a clear breakout above the handle structure of the large cup and handle pattern, with Ethereum price climbing from the $3,100 neckline into open air. This pattern…
Wall Street was upbeat at the open on Friday, July 18, with stocks looking to extend gains after the S&P 500 and Nasdaq edged to record highs in recent sessions. Although the Dow Jones Industrial Average was down 20 points, the S&P 500 and the Nasdaq were up 0.2% and 0.3%, respectively. The positive start to the final trading day of the week for the S&P 500 came as Wall Street recorded fresh all-time highs, with the Nasdaq leading during the previous session. Better-than-expected quarterly earnings and upbeat economic data helped fuel broader optimism across risk assets. Cryptocurrencies and crypto…
For anyone navigating the dynamic world of cryptocurrencies, staying informed about exchange announcements is paramount. A recent development from South Korean crypto exchange Bithumb has caught the attention of OAS token holders, signaling a temporary but significant change. This isn’t just a routine update; it’s a crucial step designed to support the underlying technology of the Oasys blockchain. Understanding the implications of such announcements, especially regarding your OAS token holdings, is vital for ensuring your assets remain accessible and secure. Let’s delve into what this suspension means for you and the broader Oasys ecosystem. Understanding the Bithumb OAS Token Suspension…
Nasdaq-listed Bitcoin miner Mawson Infrastructure Group Inc. has reportedly dismissed its CEO, Rahul Mewawalla, amid allegations of fraud and breach of fiduciary duty. The lawsuit was initiated in the Delaware Court of Chancery, and the allegations range from suspected fraudulent activities to misconduct. Mewawalla denies wrongdoing, points to earlier achievements The dismissal of Rahul Mewawalla comes as a surprise to many as it is happening months after Mawson awarded him $2.5 million in cash bonuses, 1.2 million restricted stock units, and a base salary increase to $1.2 million, a reward for what it called “high-performing” executive performance. On May 30,…
H100 Group AB, which now holds 370 BTC on its balance sheet, has raised approximately $14.1 million through a directed share issue to further bolster its Bitcoin Treasury strategy. H100 Group AB, a Swedish health technology company with a Bitcoin Treasury, has announced a successful directed share issue, raising approximately SEK 14.1 million from a group of qualified investors, including Evan Rosenberg, Loek Schellekens, and Sebastiaan Hendrik Gerrit Jan Ribbink. The offering includes up to 1,523,089 new shares priced at SEK 9.30 each, matching the stock’s closing price on July 18. The new shares represent a modest dilution of around…
CryptoPunks and other established NFT projects are seeing renewed interest as the price of leading altcoins rise, with recent activity concentrated on Ethereum and Solana. The NFT market has cooled drastically in recent years, but Sunday marked its busiest day since February, with $26 million worth of tokenized JPEGs changing hands across Ethereum’s ecosystem, according to a Dune dashboard created by Hildebert Moulié, a data scientist at venture firm Dragonfly. On Monday, that was followed up with $24.9 million in trading volume. Over half of Sunday’s trading volume could be attributed to CryptoPunks.app, the official marketplace dedicated to the iconic…
The long-awaited days have finally arrived for Ethereum, and ETH is experiencing a major boom. The good news continues to come for ETH, which has surged by up to 30% in just one week. At this point, a historical turning point has also occurred in spot ETH ETFs, which have failed to deliver the expected good performance since their launch. US Ethereum spot ETFs recorded their largest net capital inflow ever the previous day. Spot ETH ETFs set a new daily net inflow record of $726.6 million on Wednesday as ETH and altcoins surged, according to Farside Investors data. While…
Key Takeaways 210k Capital achieved a 640% net return by investing in companies accumulating Bitcoin. Major holdings include firms like The Smarter Web and Metaplanet that have transformed into significant Bitcoin buyers. 210k Capital, an investment fund led by Trump’s crypto adviser David Bailey, generated a 640% net return in the 12 months through June by investing in Bitcoin treasury companies, according to a new report from Bloomberg. The fund managed $433 million in assets as of June 30. Bailey, who helped launch Bitcoin Inc. and organized the recent Bitcoin 2025 event, has profited handsomely from both advocacy and investment.…