Author: NBTC
NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Strategy’s Bitcoin-treasury edge is eroding as JPMorgan and Morgan Stanley roll out leveraged Bitcoin products, tightening margins and pressuring MSTR’s downtrending stock. Summary JPMorgan and Morgan Stanley launched leveraged Bitcoin-linked structured products tied to ETFs, giving institutions upside with downside buffers. Strategy’s stock has trended lower since mid-October after higher margin requirements, short trades, and scrutiny of peers like Metaplanet. The entry of major banks into Bitcoin products challenges Strategy’s role as the primary corporate Bitcoin proxy for institutional investors. Strategy Inc. is confronting increased competition as JPMorgan Chase and Morgan Stanley introduce Bitcoin-linked investment products, according to market analysts…
Bitcoin mining profitability plunged to record lows in late 2025 as the hash rate dropped below $35 per petahash per second, while production costs rose to $44.8 per petahash. This forced miners into payback periods over 1,200 days and drove a major industry shift, with 70% of top mining companies now earning revenue from artificial intelligence infrastructure. November 2025 marked a turning point for the global Bitcoin mining industry. A confluence of collapsing margins, regulatory pressure, and strategic pivots reshaped the sector’s landscape. Here are the five key trends that defined the month. Profitability Hits Historic Lows Network hashrate surged…
Meta CEO Mark Zuckerberg is preparing to implement a comprehensive budget cut for the company’s metaverse projects. According to sources, Meta is planning cuts of up to 30% of its metaverse investments, with layoffs expected to begin in January 2026 at the earliest. Meta Plans Major Cut to Metaverse Budget: Targets Shrinkage of Up to 30% The planned cuts will reportedly affect the Horizon Worlds virtual universe, the Quest VR headset, and the related hardware ecosystem. Meta’s primary reason for downsizing in these areas is to direct resources toward projects it sees as having faster growth potential, including AI-powered glasses,…
In a landmark move for cryptocurrency institutional adoption, U.S. asset manager WisdomTree has launched a groundbreaking financial product in Europe. This is the first-ever exchange-traded product (ETP) designed to hold exclusively stETH, the token representing staked Ethereum via the Lido protocol. This stETH ETP represents a significant evolution in how traditional investors can access the Ethereum ecosystem. What Makes This stETH ETP So Revolutionary? Unlike other staking-related ETPs, WisdomTree’s new product is structured with a key difference: it operates without an unstaking buffer. Typically, providers hold a portion of assets in liquid ETH to manage redemptions, as unstaking Ethereum involves…
Digital asset treasury (DATs) companies slowed their Ether purchases in November, securing only 370,000 coins during the month, where the second largest cryptocurrency declined 16% down from a high of $3,656. According to data from asset management firm and ETF issuer Bitwise, treasuries bought 81% less coins from an August’s peak of 1.97 million Ether. ETH DAT bear continues. pic.twitter.com/5YhOwqTICd — Max Shannon (@cornMaxy) December 2, 2025 Bitwise senior research associate Max Shannon said the reversal was expected after the companies began piling up on Ethereum during the mid-year’s altcoin season, when most coins were hitting yearly highs. “Treasuries were…
Another rate freeze from the Bank of Korea – but what does this mean for your cryptocurrency portfolio? The central bank’s decision to maintain the Bank of Korea benchmark rate at 2.50% marks the fourth consecutive hold, creating significant implications for digital asset investors worldwide. Why Does the Bank of Korea Benchmark Rate Matter for Crypto? The Bank of Korea benchmark rate serves as a crucial indicator for global financial markets. When central banks maintain stable rates, it typically signals economic caution that can influence cryptocurrency prices. Moreover, this stability often drives investors toward alternative assets like Bitcoin and Ethereum…
Bitcoin miners are finally catching a breather as hashprice lifts off the basement floor after hitting punishing lows just days ago that squeezed operations to the edge. Even with that revenue dip, the network’s hashrate has held its ground, hovering in a tight band between 1,050 exahash per second (EH/s) and 1,100 EH/s. Miners Welcome a Hashprice Rebound The recent lift in bitcoin prices has handed BTC miners a much-needed gulp of fresh air after weeks of pinched revenue. At the tail end of November, on the final day, hashprice scraped the bottom at $36.35 per petahash per second (PH/s),…
Key Takeaways BlackRock transferred $135 million in Ethereum to Coinbase Prime, signaling ongoing institutional crypto activity. The move is likely related to operations and rebalancing for BlackRock’s spot Ethereum ETF. BlackRock, the investment management giant, moved 44,140 Ethereum worth around $135 million in Ethereum to Coinbase Prime today. The transfer represents the latest on-chain activity involving the asset manager’s crypto operations. BlackRock oversees spot Bitcoin and Ethereum exchange-traded funds, focusing on integrating crypto into traditional investment portfolios. The firm has been actively depositing Bitcoin and Ethereum into Coinbase Prime to facilitate operations for its crypto ETFs amid portfolio adjustments. Coinbase…
Russia’s Treasury will start accepting payments to the country’s federal budget in the nation’s new digital ruble from the beginning of 2026. The news comes after earlier this year the agency made its first payments in the central bank digital currency (CBDC) issued by the Bank of Russia. Russian Treasury to process revenues in digital ruble The Federal Treasury of Russia is beginning to accept budget revenues in the digital ruble from January, the head of the government agency unveiled. Roman Artyukhin made the announcement at a meeting with Russian Prime Minister Mikhail Mishustin. Quoted by the TASS news agency…
Ethereum breaks above $3,000 after the Fusaka upgrade, which adds PeerDAS and higher blob capacity, but price still must clear a dense EMA cluster to confirm a sustained uptrend. Summary Fusaka introduces PeerDAS, doubles gas capacity, and lays groundwork for two blob-parameter expansions that could cut rollup fees into 2026 as Ethereum price inches up. ETH broke a months-long descending trendline and trades inside a broad triangle, with resistance at the 20/50/200-day EMA cluster and a still-bearish Supertrend. Open interest is rising as traders re-enter leverage; holding higher lows and breaking above the EMA cluster are key to avoiding a…