Author: NBTC

Nasdaq-listed Bitcoin mining company Bitdeer (BTDR) mined 990 $BTC in June 2025, marking a 388% increase compared to the same month a year earlier. The surge in production was driven by a significant expansion of the company’s proprietary mining infrastructure. Operational highlights from June 2025 According to Bitdeer’s June production and operations update, the company’s proprietary mining hashrate reached 73 EH/s, up from approximately 15 EH/s in June 2024. Total managed hashrate stood at 86.1 EH/s, reflecting both self-owned capacity and customer-managed operations. Bitdeer’s self-owned mining machine fleet totaled 243,000 units, a substantial increase from the prior year. The 990…

Base has recently announced its focus on native account abstraction through EIP-8130, which aims to improve user account management. This development was shared via a tweet that has gained traction in the crypto community, highlighting the potential for enhanced user experiences in decentralized applications. More details can be found in the official tweet here. Breaking It Down The broader crypto market is currently experiencing mixed signals, with various assets showing different levels of momentum. Amid this backdrop, Base’s announcement regarding native account abstraction is noteworthy. EIP-8130 could streamline user interactions by allowing more efficient account management, which may attract developers…

The Irish drug dealer Clifton Collins is back in the news after Irish authorities recovered more of his seized Bitcoin. Collins acquired approximately 6,000 Bitcoin between 2011 and 2012. In 2017, he was jailed after a drug-related arrest. Before the arrest, he printed his seed phrase and hid it inside a fishing rod. However, the landlord later cleared the house and dumped his belongings in a landfill, including the private keys. In 2026, authorities continued recovering the lost Bitcoin and selling it as proceeds of crime. How much Bitcoin did authorities recover? The Irish authorities successfully recovered 500 $BTC, worth…

Pudgy Penguins (@pudgypenguins) has launched its new Pengu Plushies line in Target (@Target) stores across the United States, the brand announced on July 19. The rollout puts the flagship Pengu character in more than 1,800 Target toy aisles, sitting alongside household names like Bluey and Hello Kitty, and in front of millions of weekly shoppers who have never opened a crypto wallet. For a project that began as 8,888 profile pictures on Ethereum, that shelf space is the whole point. Most $NFT collections from the 2021 boom have faded into irrelevance. Pudgy Penguins spent the past four years turning a…

Symbiotic, a crypto infrastructure firm backed by Paradigm, Pantera Capital and Coinbase Ventures, rolled out a new system aimed at tackling one of the biggest obstacles facing tokenized assets: liquidity. The product, dubbed Liquid Lane, allows investors to exchange tokenized funds, private credit products and other real-world assets (RWAs) for stablecoins almost instantly instead of waiting through redemption windows that can stretch for as long as 180 days. The product addresses a key friction point in tokenized finance. While assets may exist onchain, the underlying redemption process often remains tied to traditional financial infrastructure. “The RWA market has crossed $33…

According to the Shibburn website, over 4.99 million $SHIB were burned in the last 24 hours, with the Shiba Inu burn rate rising only 20.86% in the same timeframe. Worse still, 17.32 million $SHIB were burned in the last seven days, with the weekly burn rate falling 14.42%. The drop follows weak sentiment in the market, with major cryptocurrencies including $SHIB holding near multiyear lows. The crypto Fear and Greed Index firmly remains in the fear zone at 20, according to CoinMarketCap data, indicating that the market remains in fear. Shiba Inu traded at $0.000004971 at press time, up 1.23%…

Latvijas Banka has issued a license to Nodu Digital for crypto asset services in accordance with MiCA regulations. This announcement was made via a tweet on July 9, 2026, and confirms Nodu Digital’s compliance with the regulatory standards set forth by the European Union. More details can be found in the official source here. The Latest The issuance of the license marks a pivotal moment for Nodu Digital as it aligns with the ongoing efforts to regulate the cryptocurrency industry within the EU framework. This regulatory approval is part of the broader MiCA initiative aimed at creating a comprehensive legal…

zkSync is set to make a significant appearance at the Futurist Conference, with Philippe Noelting representing the brand. He will discuss the critical topic of institutional adoption and the necessary infrastructure to support it, as highlighted in their recent tweet. This appearance emphasizes the growing importance of trust in infrastructure for institutional capital in the crypto space. What Went Down The broader crypto market is currently displaying mixed signals, with varying momentum across major assets. In this context, zkSync’s focus on institutional adoption is particularly timely. During the Futurist Conference, Philippe Noelting will address how institutional capital is not waiting…

The price of Bitcoin [$BTC] recently dropped from $60,000 to $58,000. However, at press time it was trading at $61,540.15, following a 2.01% increase in the past 24 hours. But a month-long decline of 8% is now raising concerns for the king coin. Consequently, given that the RSI was above 55 at press time and the MACD was flashing green bars, the price analysis suggested that bulls were strong. However, if looked at closely, the bull signs were not forceful, as the Signal line and MACD lines were almost joining. Additionally, Bollinger Bands expanding following a squeeze indicated the presence…

Cango Inc (NYSE: CANG) has released the unaudited results of its financial statement for the first quarter of 2026, and it reported a net loss of $261.1 million. However, most of these losses came as a result of non-cash charges. The company also reported that it has wiped out its balance-sheet debt in a single quarter while simultaneously supercharging its entry into the artificial intelligence compute market. Why is Cango’s $261 million loss not a problem? $151.8 million out of the total net loss came from changes in the fair value of bitcoin collateral receivables, a non-cash accounting charge driven…