Author: NBTC

For years, Bitcoin miners expanding across the United States learned that access to cheap power and industrial land did not guarantee community acceptance. Now, as AI hyperscalers and developers race to build power-dense data centers, they are encountering similar local resistance over electricity demand, infrastructure costs and long-term environmental impact, according to the latest Miner Mag newsletter. The parallels are becoming increasingly difficult to ignore. Bitcoin mining projects often promised job creation and a stronger local tax base, but those benefits did not always materialize, fueling opposition in several regions. AI data centers are now drawing many of the same…

BitMine Immersion Technologies (BMNR), the largest corporate holder of the second largest cryptocurrency, ether ETH$2,888.78, made its largest ETH purchase of the year last week following a key shareholder vote that gave the company fresh room to raise capital. The firm said Monday it added 40,302 ETH — worth almost $117 million at current prices — to its treasury, bringing its holdings to over 4.24 million tokens, or 3.52% of ether’s supply. The firm’s crypto and cash holdings now total $12.8 billion, including 193 bitcoin BTC$87,676.36, $682 million in cash, and stakes in Eightco Holdings and its $200 million investment…

As Congress debates crypto market structure legislation, one issue has emerged as especially contentious: whether stablecoins should be allowed to pay yield. On one side, you have banks fighting to protect their traditional hold over consumer deposits that underpin much of the U.S. economy’s credit system. On the other side, crypto industry players are seeking to pass on yield, or “rewards,” to stablecoin holders. On its face, this looks like a narrow question about one niche of the crypto economy. In reality, it goes to the heart of the U.S. financial system. The fight over yield-bearing stablecoins isn’t really about…

A response posted to the US Securities and Exchange Commission’s Crypto Task Force page echoed concerns raised by Ripple that speculation alone should not automatically subject cryptocurrencies to federal securities laws, as lawmakers continue debating the CLARITY Act. The response, written by former SEC attorney Teresa Goody Guillen and published Monday as public input on the SEC’s website, argued that holding a “passive economic interest,” such as buying a token in hopes its price rises, should not, by itself, trigger securities regulation. Guillen wrote that digital assets should instead be assessed using a broader set of factors applied on a…

Social NFT marketplace Rodeo has become the second NFT platform this week to announce its closure amid a tough market climate for nonfungible tokens. Rodeo launched via Apple’s iOS store in March last year and was designed to be a social-media-focused NFT collecting platform, with an emphasis on creators getting rewarded for posting over purely buying and selling NFTs. It utilized complex crypto and blockchain features to make it simple for mainstream users. However, Rodeo CEO and co-founder Kayvon Tehranian said in an X post on Tuesday that the platform had struggled to scale enough to become sustainable. “We believed…

Agora, a startup founded by entrepreneur and VanEck heir Nick van Eck, is positioning itself for a stablecoin market that’s moving beyond crypto-native trading. While decentralized finance (DeFi) remains a key growth engine – Agora’s total value locked (TVL) grew 60% last month from DeFi launches, he said — his focus is shifting toward a longer-term bet: stablecoin-powered enterprise payments. “We’re spending a lot of time across payroll, business-to-business, cross-border payments. Problems real companies actually need to solve,” van Eck, who will be speaking at CoinDesk’s Consensus Hong Kong conference next month, said in a recent interview. He believes adoption…

The White House praised President Donald Trump for making the United States the “crypto capital of the world,” and cast the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act as the catalyst in making the country the “global leader in cryptocurrency.” In a recent post on X, an official communication added, “promises made, promises kept,” to Trump ending the Biden era “crusade to crush crypto.” Moving beyond the rhetoric, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced a joint event on Thursday to discuss “harmonization between the two agencies and their…

Ethereum’s head‑and‑shoulders points to 20% downside toward $2,300 if $2,780 fails, but crowded shorts mean a break above $3,020–$3,270 could trigger a sharp squeeze. Summary Ethereum price has activated a large daily head‑and‑shoulders after losing its $2,880 neckline, projecting over 20% downside toward roughly $2,300 if $2,780 support breaks cleanly. WLFI rotated about $8.08m from BTC into 2,868 ETH, whales trimmed holdings on the bounce, and 6–12 month holders increased their share, stabilizing price but not reversing trend. Binance ETH‑USDT perps show roughly $1.69b of shorts versus $700m of longs set up for liquidations, with $3,020–$3,270 as squeeze zones and…

Mining stocks are back on top, and this time, copper, silver, and nickel are dragging them there. Since the beginning of 2025, the MSCI Metals and Mining Index has jumped nearly 90%, crushing semiconductors, banks, and even tech giants. Wall Street fund managers who once ignored these stocks are now going heavy. They’re not doing it for fun. The demand for metals is exploding, and supply can’t keep up. This rally isn’t slowing down. Copper is already up 50% this year. That’s because it’s essential for energy infrastructure, EVs, and AI data centers. But it’s not just copper. Silver, nickel,…

The digital asset market is facing a critical fork in the road, according to crypto asset management firm Bitwise. In a Monday blog post, the investment manager warned that the stalling of the Clarity Act in Congress could shift the market from a speculative bull run into a grueling “show me” phase. The Senate Agriculture Committee postponed its crypto market structure markup hearing from today to Thursday, citing the winter storm that hit much of the U.S. over the weekend. According to Bitwise CIO Matt Hougan the Clarity Act is essential for cementing a current pro-crypto regulatory environment into permanent…