Author: NBTC

“Shark Tank” star and renowned investor Kevin O’Leary has announced a radical change in his cryptocurrency market strategy. In an interview, O’Leary announced that he sold 27 different crypto assets from his portfolio following the October crash and shifted his focus entirely to a new area. Based on his analysis, O’Leary argued that small-cap altcoins (which he calls “poo coins”) no longer have a future in the market. The investor stated that most of these assets have a high correlation with Bitcoin and Ethereum and do not offer any extra “alpha” (return potential). O’Leary updated his crypto asset portfolio, stating…

Forgotten Runiverse, the fantasy-themed massively multiplayer online role-playing game (MMORPG) on Ethereum scaling network Ronin, is going offline until further notice. The team behind the game—which is part of the Forgotten Runes project—cited financial infeasibility, though maintained that they are not abandoning the project. “Over the past months, we’ve faced a number of overwhelming challenges,” the Forgotten Runiverse team wrote on X. “While our team worked tirelessly and was initially able to overcome many of these obstacles, we’ve reached a point where it no longer makes sense financially to maintain the game in a live environment in its current state.”…

In a significant move highlighting corporate Bitcoin accumulation strategies, American Bitcoin (ABTC) has strategically expanded its digital asset reserves. The mining company, founded by Eric Trump, executed a substantial purchase of 416 BTC, solidifying its position within the competitive cryptocurrency sector. This acquisition, reported by Solid Intel on March 15, 2025, elevates the firm’s total holdings to 5,843 Bitcoin. Consequently, this action reflects broader trends in institutional cryptocurrency adoption and treasury management. American Bitcoin’s Strategic Accumulation American Bitcoin’s latest transaction represents a deliberate corporate treasury strategy. The purchase of 416 BTC follows a period of calculated market observation. Furthermore, the…

Bitmine Immersion Technologies’ growing Ethereum staking position may translate into roughly $160 million in annual staking revenue at current rates, as more of its Ether holdings are put to work onchain. Bitmine, the largest publicly traded Ether treasury, said it added 40,302 Ether (ETH) over the past week, lifting total holdings to 4,243,338 million ETH. Bitmine’s staked ETH balance jumped by 171,264 ETH over the period, bringing total staked holdings to 2,009,267 ETH. Based on the 2.81% Composite Ethereum Staking Rate (CESR) cited by the company, a benchmark designed to estimate the annualized yield of Ethereum validators, Bitmine’s staked Ether…

Polymarket betters are pricing in a 77% chance that the US government will shut down again before the end of January, marking a 67% increase over the past 24 hours. It comes as the CLARITY Act, a significant crypto bill aimed at providing more clarity around regulations, is still making its way through Congress, with previous delays largely blamed on the record 43-day US government shutdown in October and November. Political commentator Collin Rugg highlighted the surging Polymarket odds in an X post on Saturday, noting that it came shortly after US Senator Chuck Schumer announced that Senate Democrats would…

Bitcoin now costs more to mine in the United States than its current market price, according to data from the Cambridge Bitcoin Electricity Consumption Index (CBECI). The cryptocurrency is currently trading at around $87,900 according to CoinGecko data, while data from the CBEIC and the U.S. Energy Information Administration (EIA)—which puts the average nationwide cost per kWh of energy in October 2025 at $0.14—suggest that the current cost of mining one Bitcoin is $94,746. This average price incorporates more expensive residential and commercial prices, but when taking only average industrial prices for all states ($0.09 in October), the average cost…

Ethereum is sending mixed signals to investors, with bearish macro warnings colliding with record on-chain usage. Summary Ethereum’s seven-day simple moving average of active addresses climbed to roughly 718,000. Despite the surge in activity, Ether has struggled to break out of its established trading range. Ether appears vulnerable to further downside, according to Bloomberg Intelligence commodity strategist Mike McGlone. Bloomberg Intelligence commodity strategist Mike McGlone said Ether appears vulnerable to further downside, warning that the token is more likely to slip below key support than break to new highs as broader market volatility returns. Ether appears to be heading toward…

When Kraken announced its acquisition of Breakout in September 2025, it sent a clear signal to the cryptocurrency industry: prop trading has arrived. The deal marked the first time a major cryptocurrency exchange entered the proprietary trading space directly, combining Kraken’s institutional-grade infrastructure with Breakout’s evaluation-based funding model. “Breakout gives us a way to allocate capital based on proof of skill rather than access to capital itself,” said Arjun Sethi, Kraken’s co-CEO. “In a world that is rapidly shifting from who you know to what you know, we want to build systems that reward demonstrated performance, not pedigree.” The acquisition…

KBW is taking a more cautious stance on the crypto mining sector. The Wall Street investment bank downgraded Bitfarms (BITF), Bitdeer (BTDR), and HIVE Digital (HIVE) from outperform to market perform. In a series of notes to investors published Monday, the bank signaled that while the industry’s pivot toward high-performance computing (HPC) and AI hosting is compelling, the path to monetization is fraught with execution risks and long lead times. Faced with a record-low margin environment following the 2024 halving, bitcoin miners are rebranding as digital infrastructure providers to capture a slice of the AI gold rush. By converting warm…

Ethereum faces mounting downside risk as macro volatility rises, with Bloomberg Intelligence strategist Mike McGlone signaling a drift toward the lower end of its long-held trading range and $2,000 support coming into view. Strategist Flags Ethereum Downside Bias as $2,000 Support Comes Into Focus Bloomberg Intelligence senior commodity strategist Mike McGlone shared on social media platform X on Jan. 25 a technical outlook suggesting ethereum risks drifting toward the lower boundary of its long-standing trading range amid rising macro volatility. He said: “Ether appears to be heading toward the lower end of its $2,000-$4,000 range since 2023. I see greater…