Author: NBTC

Bitmine, which has attracted attention with its institutional Ethereum investments, continues to grow its Ethereum reserves. According to information shared by on-chain data platforms, the company purchased 25,000 $ETH worth approximately $41 million on Wednesday, continuing its strategy of expanding the world’s largest institutional Ethereum treasury. According to Lookonchain data, Bitmine purchased a total of 125,000 $ETH in the last three days. At current market prices, the total value of these purchases is approximately $205 million. While the company has not yet officially confirmed the latest transactions, Bitmine typically publishes its Ethereum purchases in weekly reports. The amount of the…

The US isn’t trying to remake China’s economy. It just wants a fairer deal. That’s the message from US Trade Representative Jamieson Greer, who stated on May 8 that the administration’s goal is “balanced trade” with China under the current tariff framework. The phrasing matters. It’s a deliberate step back from the more combative posture of demanding structural overhauls to Beijing’s state-driven economic model, the kind of rhetoric that has defined US-China trade relations for the better part of a decade. The tariff reality check Here’s the thing. Calling for balance sounds conciliatory, but the existing trade architecture is anything…

Against the backdrop of stagnation in the Shiba Inu coin price, attention is focused on fund movements in a wallet that controls more than 16% of the token’s total supply. For the first time in a long while, this “sleeping” giant showed activity, transferring 800 billion $SHIB to the CoinMENA exchange. This address, marked as ‘$13752购买103万亿枚SHIB’ on Arkham, is an anomaly even by crypto market standards. In 2020, the owner bought 103 trillion $SHIB for just $13,700, which is either the most successful deal in the history of meme coins or some kind of insider play, since at the 2021…

An accomplice in a 2024 kidnapping case tied to Bitcoin has pleaded guilty, according to the U.S. Department of Justice. Saif Faiq, 24, admitted to his role in a plot to kidnap the parents of a wealthy cryptocurrency holder for ransom, a scheme that involved stealing a Lamborghini and assaulting the victim. He now faces a maximum sentence of 20 years in federal prison. Details of the Guilty Plea The DOJ announced on March 25 that Faiq entered a guilty plea to one count of conspiracy to commit kidnapping. Sentencing is scheduled for August 28. Faiq and his brother, Adam…

Archax has introduced real-time yield payments on Hedera, enabling interest generated by tokenized securities to be distributed continuously in USDC. The system allows interest payments to update automatically as tokenized securities move between wallets. According to Archax, cash flows are transferred alongside the underlying asset, allowing yield to follow ownership in real time. Most tokenized securities continue to distribute interest through periodic payments, similar to traditional financial products. Archax said its system allows cash flows to accrue and settle continuously, supporting applications such as real-time coupon payments and revenue-sharing arrangements. The launch builds on Archax’s earlier work on tokenized investment…

According to a recent on-chain study, the Bitcoin market has entered another crucial phase, driven by a growing divergence between retail and whale activity. Whale Positioning Diverges Sharply From Retail Optimism In an X post on May 16, crypto analyst Joao Wedson highlights a clear schism between Bitcoin retail and whale activity. This post’s assertion is based on readings obtained from the Bitcoin: Whale Vs Retail Delta metric. For context, the metric monitors the difference in trading behavior between large Bitcoin holders (whales) and retail traders. By extension, it helps in identifying whether smart money is becoming more bullish or…

The most recent criticism of Ethereum by Michael Saylor is not particularly novel. He contends that the network’s growing competition from Solana, BNB Chain, Sui, Hyperliquid, and numerous Layer-2 networks is the reason why trust in Ethereum has declined. He believes that utility, not story, will ultimately determine whether these ecosystems thrive or fail. It is difficult to disagree with that point. $ETH/USDT Chart by TradingView Given Ethereum’s current state, it is clear why detractors are becoming more vocal. During the recent market downturn, $ETH has been among the weakest major assets. Trading well below the 50-, 100-, and 200-day…

The CFTC’s latest Commitments of Traders report, covering the week ended May 5th, paints a picture of traditional finance positioning that crypto investors should pay attention to, even if digital assets didn’t make the guest list. Equity fund managers grew more bullish on the S&P 500, speculators dialed back their bets against Treasuries, and currency markets looked like a coin flip. What the positioning data actually shows The COT report is the CFTC’s weekly snapshot of how different categories of traders, managed money, commercial hedgers, and speculators, are positioned across futures and options markets. This week’s data revealed equity fund…

A South Korean man in his 30s has been formally indicted on charges of laundering approximately 747.6 billion won ($554 million) in criminal proceeds through the payment infrastructure of Cambodia’s Huione Group. The indictment, announced by the Incheon District Prosecutors’ Office, marks one of the largest individual money laundering cases linked to a single payment platform in the region. The Alleged Scheme According to prosecutors, the suspect is accused of selling criminally-sourced cryptocurrency on a domestic South Korean exchange and converting the proceeds into Korean won. The operation reportedly ran from March 2022 to August 2025. For his role in…

South Korean technology giant LG Electronics has announced the development of a new platform aimed at moving its advertising placement and sales processes onto the blockchain. According to Fortune’s exclusive report, the company, known for its televisions, laptops, and various consumer electronics products, is working on a new initiative in advertising technologies through its own blockchain research lab. Developed by LG Electronics, the platform will offer a shared ad inventory database for advertisers and publishers, while also recording how users interact with ads on the blockchain. The company previously piloted the project with an unnamed Japanese advertising agency. Related News…