Author: NBTC

BitMine Immersion Technologies (BMNR), the ether treasury firm helmed by Fundstrat’s Thomas Lee, crossed the 4 million ether ETH$3,060.70 milestone after acquiring 98,852 tokens last week, according to its Monday update. The purchase, valued at roughly $300 million at Monday prices, brings BitMine’s total ETH holdings to 4,066,062 tokens, or 3.37% of the current ETH supply. The firm also kept $1 billion in cash, unchanged over the week despite the purchases. Its ETH treasury alone is worth just over $12 billion, making it the largest known ETH reserve among publicly traded companies While many digital asset treasuries stopped buying or…

Wall Street cynic Jim Chanos has closed out his widely publicized and controversial bet against Michael Saylor’s Strategy (formerly MicroStrategy), likely doubling his money through short-selling the company’s MSTR common stock. To be exact, the short-seller constructed a pair trade of short MSTR and long bitcoin (BTC). Rather than betting that the price of MSTR would decline on an absolute USD basis, Chanos simply bet that the premium of MSTR would decline against BTC. Strategy is the world’s largest digital asset treasury (DAT) company, a category of publicly-traded companies that acquire crypto tokens using financial leverage rather than focusing on…

Key Takeaways Vivek Ramaswamy purchased 15,625 shares of Strive Inc.’s Variable Rate Series A Perpetual Preferred Stock at $80 per share. Strive Asset Management, co-founded by Ramaswamy, positions itself as ‘anti-woke’ and focuses on maximizing shareholder value. Strive, backed by Vivek Ramaswamy, announced Monday it had successfully closed its oversubscribed initial public offering (IPO) of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) on Nasdaq, raising the number of shares from 1.25 million to 2 million due to high demand. Ramaswamy purchased 15,625 shares of Strive’s SATA Stock, according to a recent SEC filing. He also owns 113.9…

A change is happening in how some Indians working abroad send money home. For approximately two months, a small portion of funds remitted by overseas workers has been arriving as stablecoin instead of through traditional bank transfers. USDT trades at a 4-5% premium in India, making crypto remittances more valuable than bank transfers. While USDT serves as a dollar proxy, its price hovers around ₹93 in India compared with the current INR-USD exchange rate of ₹88.6 per dollar. Premium creates arbitrage opportunity This creates a financial advantage for remittance senders. $1,000 sent by a worker from UAE or U.S. through…

Tron founder Justin Sun, one of the most controversial and talked-about figures in the cryptocurrency market, is under the spotlight again following recent market volatility. Sun’s on-chain movements and wallet size have attracted the attention of investors, especially after the volatility experienced last week. On-chain data shows Justin Sun’s current total portfolio value is $1.89 billion. The majority of this massive holdings is concentrated in staking products, TRX holdings, and Bitcoin. Below is a complete list of all assets in Sun’s wallet worth over $1 million, along with their market value equivalents: STETH – $550.16 million TRX – $528.37 million…

Crypto exchange Binance is expanding the role of USD1 (USD1), the stablecoin of Trump-linked crypto project WLFI$0.1462, overhauling part of its stablecoin infrastructure with the token. Starting Thursday, the exchange will offer new trading pairs — BNB/USD1, ETH/USD1 and SOL/USD1 — giving users broader access to trade with WLFI’s dollar-backed stablecoin, according to a press release. It also offers zero-fee exchange between USD1 and the two largest stablecoins, Circle’s USDC and Tether’s USDT. At the same time, Binance will convert all reserves supporting its BUSD-pegged token (B-Token) into USD1. That process is expected to be completed within seven days. After…

Even though the Senate clocked in a 60-40 vote to end the U.S. government shutdown, the curtain hasn’t officially dropped just yet. Meanwhile, prediction markets are reshuffling faster than a Vegas dealer—Polymarket’s latest odds now point to the government flipping the lights back on somewhere between Nov. 12–15. Traders Bet Capitol Hill’s Chaos Closes Out Soon On Sunday, Nov. 9, 2025, the U.S. Senate pushed through a 60-40 vote to end the shutdown, signaling a major step toward getting Uncle Sam back in business. The deal would bankroll the government through Jan. 30, 2026, roll back the federal job cuts…

U.S.-listed cryptocurrency exchange Coinbase (COIN) has unleashed the latest version of its stablecoin-based payments protocol for AI agents, making it easier to extend and plug in the autonomous payments system, the exchange said in a blogpost Thursday. The snappily titled x402 V2 moves the AI agentic payments tool on from asking “So what does it actually do” into “Which existing services can we plug it into next,” a Coinbase representative said in an email. Specifically, x402 V2 allows developers to combine payments, enable secure wallet access, and add new features via a clean, modular design, Coinbase said. Earlier this year,…

Big financial institutions worldwide are set to complete the transition from legacy payment-messaging formats (the MT series) to ISO 20022’s XML-based MX format by 22 November 2025. The deadline has been set by SWIFT (Society for Worldwide Interbank Financial Telecommunication) to fully implement its new system for exchanging financial data. This marks the end of the co-existence period, where old and new formats operated side by side. Some banks and payment infrastructure providers have already been preparing for this in advance. Related: Cardano Price Prediction: ISO 20022 Hype Sparks Attention ISO 20022 supports much richer data fields than the older…

Swissborg CEO Cyrus Fazel is pushing back against “fintech fatigue” with a vision of radical simplicity and community ownership. His strategy centers on the Meta-Exchange, a liquidity aggregator that bridges CeFi and DeFi, connecting major exchanges and networks to deliver seamless and cross‑chain trading. The ‘One-Tap’ Solution In an era where “fintech fatigue” is setting in due to a fragmented landscape of wallets, bridges, and complex exchanges, Cyrus Fazel, founder and CEO of Swissborg, is betting on a different path: radical simplicity powered by community ownership. While centralized giants like Revolut and Robinhood dominate the retail landscape with massive capital…