Author: NBTC

Japanese listed investment and energy company Remixpoint has disclosed that it earned approximately 9.96 Bitcoin ($BTC) in lending fees between late February and the end of June this year. The earnings, valued at 108.35 million yen based on the average monthly exchange rate, highlight a growing trend among publicly traded firms in Japan to generate yield from their digital asset holdings. Details of the Bitcoin Lending Program According to the company’s announcement, the principal amount of Bitcoin lent out during the period ranged from 1,411 to 1,499 $BTC. On May 18, Remixpoint expanded its lending operations by adding another 80…

Ethereum price has climbed from $1,800 to an intraday high near $1,945 after a technology-led Wall Street rebound revived risk appetite, although resistance below $2,000 has kept traders cautious. According to data from crypto.news, Ethereum ($ETH) price traded near $1,929 at the time of writing, about 6% above its July 21 low. Buyers initially followed U.S. equities higher as the Nasdaq Composite gained 1.3% and the S&P 500 added 0.9%, led by semiconductor and artificial intelligence stocks. Micron rose 12.2%, while Nvidia advanced 2%. Notably, enthusiasm around upcoming technology earnings drove the session. Institutional flows supplied another source of demand.…

A farmer’s son posted online that his father received 0.96% more Strategy STRC shares in a single day, and X posts like it, even the skeptical ones, have ignited a debate that cuts to the core of what bitcoin is meant to be. Key Takeaways: A farmer’s son shared how his dad earns an 11.5% annualized yield through Strategy’s STRC preferred stock tied to 843,738 $BTC. Critics like Glenn Cameron warn STRC trades Bitcoin sovereignty for counterparty risk to a sub-investment grade company. Strategy holds a June 8 vote on more frequent dividends, while a 411 $BTC Coinbase Prime transfer…

$NEAR Protocol has introduced a novel incentive program called ‘[email protected],’ designed to address a persistent problem in the cryptocurrency space: the tendency for airdrop recipients to immediately sell their rewards, undermining long-term project growth. The initiative, announced alongside plans for its first token distribution event dubbed ‘Drop 1,’ ties reward unlock conditions to specific ecosystem milestones rather than a fixed schedule. How the Milestone-Based Incentive Works Unlike traditional airdrops, where tokens are distributed freely and often sold rapidly, the [email protected] program issues locked ‘milestone tokens’ to participants. These tokens cannot be traded or converted until the $NEAR Protocol…

Aurora, an Ethereum Virtual Machine (EVM) scalability network built on the $NEAR Protocol, has been offline since approximately 2:16 a.m. UTC on July 20, according to blockchain monitoring service Onchain Lens. The outage has halted transaction processing and smart contract execution on the layer-2 platform, leaving users unable to interact with decentralized applications (dApps) bridged to the network. Timeline and Nature of the Outage Onchain Lens first reported the downtime early on July 20, noting that the Aurora mainnet had stopped producing blocks. As of the latest updates, the network remains non-functional, with no official statement from the Aurora team…

Bitcoin, the leading cryptocurrency, has recovered from sharp drops that fell below $58,000, rising to levels around $61,600. While it is wondered whether this recovery is a trend reversal, a Fidelity executive explained the necessary condition for a trend reversal in Bitcoin. Accordingly, Jurrien Timmer, Global Macro Director at Fidelity Investments, argues that a clear trend reversal in $BTC is difficult without new liquidity. Jurrien Timmer noted that Bitcoin tested its long-term support level around $60,000, and analyzed that a clear trend reversal is unlikely without global liquidity flow. According to Timmer’s analysis, $BTC has approached its historical trend line…

A proposed upgrade to Ethereum’s privacy features could make institutional staking more attractive by concealing sensitive on-chain data, but it would also introduce new operational costs and complexities, according to Swiss digital asset bank Sygnum. How EIP-8222 Would Work The proposal, known as EIP-8222, aims to decouple staking deposit addresses from validator and withdrawal information. Currently, these data points are publicly linked on the Ethereum blockchain, allowing anyone to track an institution’s holdings, entry timing, and operating strategies. This transparency, while a core feature of public blockchains, has been a deterrent for institutional investors who prioritize strategic privacy. Thibault Dubuis,…

Kansas City Federal Reserve President John Schmid indicated on Wednesday that additional monetary tightening may be necessary to bring inflation back to the central bank’s 2 percent target. Speaking at a conference in Omaha, Nebraska, Schmid noted that while progress has been made, the battle against inflation is not yet won. Context and Implications of Schmid’s Remarks Schmid’s comments come at a critical juncture for U.S. monetary policy. The Federal Reserve has held its benchmark interest rate steady since July 2023, pausing after a historic tightening cycle that saw rates rise from near zero to a range of 5.25% to…

RWA-focused blockchain project Plume has announced its participation as an ecosystem partner in a tokenization initiative for Japanese stock market listed-equity investment strategies. The project is led by SBI Global Asset Management, a subsidiary of major Japanese financial conglomerate SBI. Japan’s $7.8 Trillion Market Moves On-Chain Plume shared the news via its official X account, stating that “7.8 trillion-dollar Japan capital market is moving on-chain.” The initiative brings together several key players: SBI and the Solana Foundation are building a platform in Japan for financial products tied to local equities, while Singapore-based RWA platform DigiFT will provide a regulatory-compliant tokenization…

The growing embrace of Bitcoin by publicly traded corporations has reached a new milestone. According to the latest data from $BTC Treasuries, the top 100 public companies worldwide now collectively hold 1,264,867 $BTC, representing 6.02% of the cryptocurrency’s total capped supply of 21 million coins. This concentration of digital assets within the corporate sector underscores a significant shift in how major institutions view Bitcoin as a treasury asset. The Dominance of Strategy and the Leading Holders The list is headlined by Strategy (formerly MicroStrategy), which alone accounts for 847,363 $BTC — more than two-thirds of all corporate Bitcoin holdings tracked.…