Author: NBTC

Ethena Jumps 4% After Grayscale Adds It to DeFi Fund in Q1 Rebalancing Grayscale Investments reshuffled its crypto portfolios this week as part of its Q1 2026 fund rebalancing. The firm removed Aerodrome Finance from its DeFi Fund and replaced it with Ethena, a yield-focused decentralized finance protocol. Ethena rose 4.33% in the last 24 hours following the announcement. Grayscale also made adjustments to its Smart Contract Fund, though no new assets were added to that portfolio. Ethena Replaces Aerodrome The biggest change came in Grayscale’s DeFi Fund. Following the CoinDesk DeFi Select Index methodology, the firm sold AERO and…

Strategy (NASDAQ: MSTR), formerly MicroStrategy, reported a $12.54 billion quarterly unrealized Fair Market Value (FMV) loss, yet its stock rose on May 6 as Bitcoin ($BTC) rebounded above $80,000. The market response supports the idea that investors are prioritizing the firm’s characteristic focus on acquiring ‘digital gold’ over traditional earnings metrics. However, while the company currently holds more than 818,000 $BTC, worth around $67 billion, it’s still backed by roughly $2.25 billion in cash, meaning it continues to enjoy decent liquidity. What’s more, the latest earnings call revealed shifts in Strategy’s approach to crypto, prompting analysts to revise their price…

In a significant disclosure that highlights growing institutional confidence, Solmate (SLMT) has revealed it holds a substantial $113 million position in Solana ($SOL) tokens, marking one of the largest publicly declared corporate treasury allocations to the blockchain network. The Nasdaq-listed Digital Asset Treasury (DAT), founded in the United Arab Emirates, reported holding 1,235,834 $SOL as of February 28, 2025, according to its latest regulatory filing. This announcement provides concrete evidence of sophisticated capital moving into specific blockchain ecosystems rather than broad cryptocurrency exposure. Furthermore, the company maintains an additional $7.1 million portfolio in crypto-related equities, demonstrating a hybrid investment approach.…

Coinbase CEO Brian Armstrong posted a three-word response on X on May 1 after Senators Thom Tillis and Angela Alsobrooks released the final stablecoin yield compromise text for the CLARITY Act: “Mark it up,” urging the Senate Banking Committee to advance the bill that Armstrong himself put on ice in January. Brian Armstrong’s endorsement carries unusual weight on this specific bill. As crypto.news reported, it was Armstrong who pulled Coinbase’s support hours before a scheduled January 14 committee markup, causing Banking Committee Chair Tim Scott to postpone the vote indefinitely. The bill has not reached markup since. Armstrong’s January withdrawal…

In 2010, long before quantum computing became a mainstream concern in crypto circles, Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was already sketching out how the network might respond if its underlying cryptography were ever compromised. The premise was simple but consequential: Bitcoin’s security assumptions are not permanent. They can be replaced. In early Bitcointalk discussions, Satoshi outlined a scenario in which the system’s cryptographic primitives — whether hashing or digital signatures— could eventually weaken. If that happened gradually, the network could coordinate a transition: a protocol upgrade would introduce stronger algorithms, and users would migrate their holdings by re-signing coins into…

A governance proposal to unlock 62.2 billion $WLFI tokens, submitted by World Liberty Financial, a decentralized finance (DeFi) project linked to the Donald Trump family, was overwhelmingly approved by the community. In the vote, “yes” votes reached 99.9% with 11.2 billion $WLFI, while “no” votes were only 11.2 million $WLFI. Thus, the proposal was approved, exceeding the required 1 billion $WLFI by approximately 11 times. The offer, which began on April 29 and ended today, included a total of 62.28 billion $WLFI tokens in a restructured vesting scheme. Of this, 17.04 billion $WLFI consists of tokens locked by early backers,…

BlackRock, the world’s largest asset manager, accumulated over $1 billion worth of Bitcoin (BTC) and Ethereum ($ETH) through its spot ETFs in the first few trading days of May 2026. Most inflows came via the iShares Bitcoin Trust, which drew $871.3 million across May 1, 4, and 5. The strongest day was May 4, with $335.5 million in inflows, one of the biggest single-day totals this year for any spot Bitcoin ETF. On May 5, IBIT added another $251.4 million, while Grayscale Bitcoin Trust saw $18.4 million in outflows, underscoring BlackRock’s dominance. Earlier, on May 1, IBIT pulled in $284.4…

In a significant declaration about blockchain’s future direction, Sui’s development leadership has articulated a clear strategic vision that prioritizes native innovation over imitation. Evan Cheng, founder of Mysten Labs, the primary developer behind the Sui blockchain, recently emphasized this fundamental approach during an interview. Consequently, this statement provides crucial insight into the project’s long-term trajectory within the competitive layer-1 landscape. The strategy deliberately moves beyond simply recreating traditional financial rails on a blockchain. Instead, it commits to constructing fundamentally new, on-chain primitives and architectures. Sui’s Core Strategy: Native On-Chain Innovation Evan Cheng’s comments on the Paul Barron Network clarify Sui’s…

Bitcoin slipped into a key accumulation zone as whale activity on Binance raised fresh concerns about sell-side pressure. Recent CryptoQuant data showed large Bitcoin deposits moving onto Binance, often linked to potential distribution phases. At the same time, Bitcoin’s Exchange Whale Ratio climbed, signaling that large holders dominated inflows. This combination left the market split between long-term accumulation signals and short-term selling risk. Binance whale activity spikes CryptoQuant data showed a spike in Bitcoin [$BTC] deposits on Binance, with large batches moving onto the exchange. Such inflows typically indicated potential selling intent, though not always immediate execution. Even so, rising…

Bitcoin lenders may need to become more like traditional finance firms, not less, if they want institutional capital to keep flowing into the sector. At Consensus 2026 in Miami, Alexander Blume, founder and CEO of institutional bitcoin lender Two Prime, argued that the next stage of crypto credit growth will depend less on decentralized finance experimentation and more on standardization, transparency, and risk management. “The moment you start trying to explain how any of this stuff works, they’re just like, No… We’ll pay more. Don’t lose my money,” Blume said, referring to institutional borrowers evaluating crypto lending products that become…