Author: NBTC

Bitmine continues its Ethereum buying spree while chairman Tom Lee warns that crypto markets are still struggling with weak market maker liquidity. Summary Bitmine’s latest ETH purchase strengthens its push to build one of the largest corporate crypto treasuries. The firm continues buying through OTC desks during market volatility, leaning on equity raises and staking rewards. Tom Lee says the market slump is tied to damaged market maker balance sheets after the October liquidation shock. Bitmine has purchased another 17,242 ETH, worth about $49 million, according to data shared by analytics firm Onchain Lens on Nov. 21. The company now…

The crypto market has truly matured since its early days a decade ago, evolving from a niche community into one with increasing adoption on both Wall Street and Main Street, marked by exchange-traded funds (ETFs) and even sovereign adoption. Yet, despite this growth and sophistication, most crypto market participants across the globe continue to cling to one metric – market capitalization. It remains the primary way people assess and rank cryptocurrencies by multiplying the total supply by the current price per coin, giving a snapshot of each asset’s value in the market. Institutions, too, did the same for years, viewing…

The cryptocurrency advocacy organization backed by Coinbase has started surveying federal and state candidates on their positions on digital assets ahead of the 2026 midterm elections in the United States. In a Monday notice shared with Cointelegraph, Stand With Crypto said it had sent a questionnaire to an unspecified number of candidates in state and federal races, asking for information related to their positions on “digital assets, crypto innovation, de-banking, crypto mining and zoning, consumer protections,” and more. The organization also requested that respondents disclose whether they had ever held crypto or used blockchain technology. “The next Congress will have…

OORT is a decentralized AI-focused data infrastructure project that meets the demand of artificial intelligence (AI) and Web3 applications. OORT has excitedly announced its strategic partnership with ShareX, a project for the Web3 sharing economy and connecting physical devices and assets to blockchain. The primary objective of this partnership is to integrate real-world data with decentralized AI, enabling scalable real-world asset (RWA) and> 🔥 New Partnership: OORT x @ShareX_NetworkWe’re partnering with ShareX, whose on-chain infrastructure enables standardized onboarding of real-world devices and verifiable settlement of usage data and cash flows. This capability unlocks scalable, revenue-based real-world assets… pic.twitter.com/5rBrs9DdJv — OORT…

Ethereum price failed to stay above $3,000 and tested $2,770. ETH is now attempting to recover but faces resistance near $2,880. Ethereum started a fresh decline after it failed to stay above $3,000. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,800 zone. Ethereum Price Dips Further Ethereum price failed to continue higher above $3,050 and started a fresh decline, like Bitcoin.…

Limitless, the largest prediction market on Base with a trading volume of more than $370 million, recently concluded sales of its public offering on the Kaito Capital Launchpad. The sales were hugely oversubscribed with almost 200.97 million USDC being pledged against only 1 million USDC in allocations representing an exceedingly oversubscription of 200 times. The event will take place between September 25 and October 5, 2025, and 32,686 individuals participated in the event worldwide, with the personal contribution of 1,000 to 250,000 USDC. This momentum is so substantial that it is a high degree of investor interest in the decentralized…

Binance and its co-founder, Changpeng Zhao, were hit with a new lawsuit on Monday alleging the exchange created a system over a six-year period that enabled crypto transactions linked to Hamas. The complaint, filed in federal court in North Dakota, marks another civil action accusing the company of facilitating transactions connected to groups the U.S. designates as terrorist organizations. Other such cases include Raanan et al. v. Binance Holdings Limited in the Southern District Court of New York and Rosenberg et al. v. Binance Holdings Ltd. Brought on by over 300 families of Americans killed or injured in attacks attributed to…

Biconomy, a popular crypto exchange, has partnered with OLAXBT, a decentralized trading layer. The partnership aims to combine the robust AI mechanisms of OLAXBT with the advanced execution infrastructure of Biconomy to advance the trading experience. As Biconomy disclosed in its official press release, the development is a key move in establishing a more seamless and smarter trading environment. Additionally, the move also endeavors to substantially improve data accessibility, automated workflows, and trading intelligence across the Web3 landscape. 🚀 https://t.co/VyXHYphRvI and #OLAXBT Strategic Partnership Announcement 🚀We are excited to officially announce a global strategic partnership between @olaxbt and https://t.co/VyXHYphRvI .…

Ethereum is facing renewed bearish pressure as its price continues to fall, driven in part by a halt in whale accumulation. The slowdown in buying from major holders has weakened market support at a time when broader conditions are already unfavorable. If long-term holders begin selling, the decline could intensify. Ethereum Holders Seem To Be On The Edge Whales appear to be losing confidence in Ethereum’s near-term recovery. Addresses holding between 1 million and 10 million ETH were accumulating aggressively at the start of the month. That trend has now paused as ETH continues to drop, signaling hesitation among the…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Recent market volatility and ongoing stress tests faced by firms accumulating digital assets for exposure have cast a harsh light on asset treasury practices in web3. As digital assets go mainstream, they also pose a ponderable question: Are Digital Asset Treasury initiatives truly built to last, or are they just speculative? Summary Many Digital Asset Treasury strategies remain speculation-driven, relying on leveraged Bitcoin buys and price appreciation — a fragile model that collapses in downturns. The volatility…