Author: NBTC
Coinbase’s (COIN) expectations-busting third-quarter earnings report drew a range of responses from Wall Street analysts, highlighting sharp differences in expectations for the crypto exchange’s long-term growth and ability to manage costs. The company posted $1.05 billion in transaction revenue and $801 million in adjusted Ebitda, both ahead of consensus estimates. Analysts across the board agreed that derivatives trading, subscription services and the integration of Deribit helped drive the beat. From there, opinions diverged. Barclays analyst Benjamin Budish acknowledged Coinbase’s performance, but flagged rising costs and shrinking margins heading into the fourth quarter. He cited a step-up in operating expenses, driven…
North Carolina Senator Thom Tillis, a Republican member of the US Senate Banking Committee, reportedly warned that Congress has only a few months left to advance crypto legislation before election politics stall progress. According to a Monday Bloomberg report, Tillis said the 2026 midterm elections would likely hamper progress on any crypto bills currently moving through Congress, such as the market structure framework passed by the House of Representatives in July, which is currently under consideration in the Senate. Tillis said lawmakers should act “by the first part of January, February” to get any legislation passed in the current session,…
Binance launches a crypto QR payment system in Argentina, allowing instant, fee-free transactions through Binance Pay. Merchants receive payments in Argentine pesos, with automatic crypto-to-fiat conversion handled by regulated local partners. Binance has introduced a crypto-based QR payment system in Argentina. With this feature, users can make transactions simply by scanning a merchant’s QR code through the Binance Pay app, selecting their desired crypto asset, and voila. No additional fees, as the transaction is completely free. Even more impressive, merchants don’t need to be crypto savvy to take advantage of this service. Binance automatically converts payments from crypto to Argentine…
Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin miners to reconsider their business model. Instead of waiting for fee markets to rescue margins, the largest operators started signing contracts to lease infrastructure to AI tenants. Core Scientific committed 500 megawatts to CoreWeave for $8.7 billion over a 12-year period. Cipher locked in 168 MW with Fluidstack for $3 billion over a decade, with Google backstopping obligations. These deals depend on the calculation that the same inputs powering SHA-256 ASICs can generate more revenue per megawatt-hour when pointed at…
OneKey, a popular crypto wallet provider, has officially partnered with Everstake, a leading blockchain staking infrastructure entity. The partnership focuses on enabling asset staking from multiple chains directly via the OneKey platform. As per OneKey’s official X announcement, the development ensures that the private keys of the consumers remain secure offline while staking operations remain verifiable and transparent. Thus, the mutual initiative underscores a robust move to deliver efficient, accessible, and safer staking across different Proof-of-Stake (PoS) ecosystems. Staking isn’t just about receiving rewards — it’s about staying secure.OneKey has partnered with @everstake_pool, so you can stake assets from multiple…
LinklayerAI, an AI-powered incentive protocol, announced a strategic partnership with Mixmax.Pro, an accelerator of DeFi volume and yield for the decentralized community. LinklayerAI is a high-performance AI-driven blockchain platform that allows users and Web3 projects to execute on-chain activities (including seamless trading) effectively through its on-chain incentive framework. This partnership enabled the integration of its AI infrastructure into Mixmax’s DeFi platform. Serving as a DeFi yield accelerator, Mixmax automates the process of finding and deploying capital to best-yielding protocols, saving investors effort and time while enhancing yields. By capitalizing on its integration with LinklayerAI, Mixmax aims to advance efficient operations…
Tether USDT$0.9997, the issuer of the world’s largest stablecoin, said on Friday its net profits surpassed $10 billion for this year as its flagship token swelled to a $174 billion market cap in the third quarter of 2025. According to the firm’s latest attestation signed by accounting firm BDO Italy, the company ended the quarter with $6.8 billion in excess reserves, maintaining a buffer over its $174.4 billion in liabilities tied to USDT. “With its all-time high exposure to U.S. Treasuries, now amounting to $135 billion, it positions our company as the 17th largest holder of U.S. debt,” CEO Paolo…
A US lawmaker is seeking to ban US President Donald Trump, his family, and members of Congress from trading crypto or stocks. US Representative Ro Khanna, a Democrat representative from California’s 17th Congressional District and vice-chair of the Congressional Progressive Caucus, used an appearance on MSNBC to raise concerns around Trump’s apparent conflict of interest with crypto via his son’s crypto project World Liberty Financial (WLFI), alleging the recent pardoning of Binance co-founder Changpeng “CZ” Zhao was “blatant corruption.” “You’ve got a foreign billionaire who was basically engaged in money-laundering,” Khanna said of CZ, adding, “then he petitions for a…
A new chapter begins for AI16Z as Binance backs its transformation into ELIZAOS, a move that signals the dawn of next-generation AI-powered token ecosystems. Summary Binance will support the AI16Z-to-ELIZAOS token swap starting November 6, 2025. Trading for AI16Z will pause on Binance Alpha 2.0 and Binance Futures to facilitate the transition. The swap will convert the tokens at a 1:6 ratio, with trading resuming Nov. 7. ELIZAOS total supply will rise from 6.6 billion to 11 billion, with circulating supply increasing to 7.4 billion. Binance has confirmed it will support the token swap and rebranding of the AI16Z token…
Mining hardware producer Canaan has won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for a project designed to help stabilize Japan’s electric grid. According to a Thursday announcement, the company will supply an electrical engineering solutions provider with Bitcoin mining ASICs with a capacity of 4.5 MW for the project. The project will deploy Canaan’s new Avalon A1566HA-488T water-cooled mining ASICs for “real-time grid balancing and energy-efficiency optimization,” Canaan said. The mining operation will run continuously and utilize controlled overclocking and underclocking, adjusting power consumption to stabilize the regional grid load. Canaan’s proprietary…