Author: NBTC

Grayscale says Elon Musk’s SpaceX could become the most valuable public company holding bitcoin after its expected IPO, while Strategy would likely remain the largest holder by $BTC amount. Its S-1 filing lists 18,712 $BTC under digital assets. Key Takeaways: Grayscale said Elon Musk’s SpaceX could become the most valuable public company holding bitcoin. Diversified businesses may increase $BTC allocations as treasury-focused firms dominate current rankings. SpaceX’s IPO could expand investor visibility into corporate bitcoin balance-sheet strategies. SpaceX IPO Could Reshape Corporate Bitcoin Rankings Crypto asset manager Grayscale Investments said in a blog post on May 26 that Elon Musk’s…

Ethereum just pulled off something the crypto community has debated for years: record-breaking network activity paired with historically cheap transaction costs. The Glamsterdam upgrade, which went live in late May 2026, has pushed Ethereum’s Layer 1 to process all-time high daily transactions while simultaneously slashing gas fees by roughly 78%. For anyone who lived through the $200 Uniswap swap era of 2021, this feels like a different blockchain entirely. But here’s the tension nobody’s talking about enough: the network has never been more useful, yet $ETH’s price action remains stubbornly disconnected from these fundamentals. That gap between on-chain reality and…

Tether has acquired SoftBank’s minority stake in Twenty One Capital (NYSE: XXI), tightening its control over the publicly traded Bitcoin treasury firm as competition among institutional crypto investment vehicles continues to expand. The transaction, disclosed on May 20, removes SoftBank representatives from Twenty One Capital’s board and leaves Tether as the dominant shareholder in a company built around large-scale Bitcoin accumulation and related financial operations. The move comes less than six months after Twenty One Capital entered public markets through a SPAC merger with Cantor Equity Partners. At launch, the company disclosed holdings of more than 43,500 $BTC, valued at…

Zcash Foundation published its Q1 2026 report, highlighting the closure of an SEC investigation, continued network resilience, and progress on key protocol upgrades as $ZEC extends its rebound from an early-year cooldown. The foundation said the US Securities and Exchange Commission closed its investigation without recommending enforcement action, removing a significant regulatory overhang for the privacy-focused blockchain. The report described the quarter as one of the most consequential in Zcash Foundation’s history, citing ecosystem-wide transitions, new infrastructure, governance progress, and technical work tied to Network Upgrade 7. $ZEC was trading near $573 at press time, extending a rebound of more…

At the recent Senate Banking markup of the Digital Asset Market Clarity Act (CLARITY), Senator Angela Alsobrooks (D-MD) shared a story that should resonate with every parent in America. She spoke about her twenty-year-old daughter and her daughter’s generation – their intuitive interest in digital assets and their desire for a modern financial system that offers both opportunity and protection. It underscored the growing urgency and gravity surrounding digital asset policy in Washington. “The digital revolution is upon us,” Senator Alsobrooks said. “It’s happening with us or without us. We have a responsibility to regulate it to create rules of…

The weekly average spot trading volume for the top 10 cryptocurrencies has dropped by more than 50% compared to the same period last year, according to a new report from crypto analytics firm Kaiko. The firm estimates that average weekly volumes have hovered around $80 billion in 2025, down sharply from approximately $178 billion in 2024. What the Data Shows Kaiko’s analysis tracks the combined spot market activity of the ten largest digital assets by market capitalization, including Bitcoin, Ethereum, and other major tokens. The decline represents a significant contraction in market liquidity and trader participation, even as the broader…

ERC-7943, known as the Universal Real-World Asset (uRWA) standard, has reached Final Approval status in the Ethereum standardization process. This milestone marks a crucial moment for the blockchain ecosystem, paving the way for safer, more interoperable tokenization of real-world assets that complies with global regulations. The specification is now frozen: interfaces, error definitions, event signatures and behavioral requirements are fixed and ready for production adoption on Ethereum and all EVM-compatible networks. What ERC-7943 is and why it matters ERC-7943 defines a minimal, vendor-neutral interface for compliant tokenization of real-world assets on Ethereum and EVM chains. Its goal is to provide…

A $1.29 billion dark pool block trade in Blackrock’s Ishares Bitcoin Trust (IBIT) crossed Nasdaq on Tuesday morning, drawing immediate attention from institutional traders and crypto analysts tracking exchange-traded fund (ETF) flows. Key Takeaways: Blackrock’s IBIT saw a $1.29B dark pool block trade on May 26, 2026, the largest single institutional bitcoin ETF print on record. Galaxy Research’s Alex Thorn estimated the trade equaled roughly 16,400 $BTC, yet IBIT closed up slightly at $42.99. Wednesday ETF flow data will confirm whether the trade triggers record single-day bitcoin ETF outflows or reflects simple rebalancing. As of publication, the stats have not…

Lately, many L1s have been strategizing around fee reduction, but it comes at a cost. The logic is simple: transaction fees are a core part of an L1’s revenue engine. Every network upgrade requires revenue to scale the chain and maintain the capacity needed to support growing demand. Ethereum’s [$ETH] Glamsterdam upgrade falls right into this trend, and the effects are already showing up on-chain. According to Token Terminal, transaction fees on Ethereum L1 have dropped to record lows. While cheaper transactions improve accessibility, consistently lower fees can put pressure on Ethereum’s long-term scaling economics. That impact becomes even clearer…

Harvard University’s endowment fund has incurred losses exceeding $150 million on cryptocurrency-related investments over the past year, according to on-chain analysis by pseudonymous analyst Ai Yi. The losses stem from a series of trades involving spot Bitcoin and Ethereum exchange-traded funds (ETFs) made by Harvard Management Company, the entity responsible for overseeing the university’s roughly $50 billion endowment. Timeline of Investment Decisions Harvard Management Company first entered the crypto space indirectly during the second quarter of last year, when the broader market was experiencing an upswing. The firm expanded its position in the third quarter as Bitcoin’s price approached its…