Author: NBTC

Citizens has initiated coverage of SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, implying potential upside of more than 200%, the bank said in a Wednesday report. The shares were 2% higher in early trading, around $15.45. The bank’s bullish stance rests on a positive long-term view of ether’s price trajectory, forecasting ETH above $7,000 by 2026 and potentially exceeding $20,000 by 2030. The report argued that SharpLink has quickly emerged as one of the most ambitious ether ETH$4,021.96 treasury operators in the public markets. After accumulating a substantial ETH position, the company has begun…

Melee, a new prediction market startup that says speculation and betting should be as open as online discussion, has raised $3.5 million from Variant, DBA and a group of angel investors to roll out what it calls “Viral Markets.” Crypto native companies have witnessed the runaway success of Polymarket, the digital asset betting platform that grew to prominence during the U.S. election campaigns. Other novel projects to emerge include ‘Forecast Markets,’ a type of dated futures contracts launched on Clearmatics’ Autonity blockchain. Melee, which allows anyone to easily create a market on anything, sees prediction markets evolving alongside the internet…

Philippine lawmakers are considering Senate Bill 1330, a legislative piece that would mandate blockchain-based solutions to be implemented for the country’s national budget. Efforts to establish an on-chain, immutable record for the country’s budget system have intensified amid heightened public scrutiny of government spending, following a wave of anti-corruption protests demanding accountability for roughly $9.2 billion allocated to public works projects with alleged irregularities flagged by Philippine President Ferdinand Marcos Jr., as cited in a Reuters report. The bill was proposed by Senator Paolo Benigno Aquino IV in late August, with an initial appropriation worth roughly $8.6 million. Several congressional proposals in…

The Bitcoin network hashrate declined modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan (JPM) said in a report Thursday. The pullback in the hashrate follows the successive record highs seen in August and September. U.S.-listed miners that the bank tracks now account for around 38% of the global network. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. “HPC enthusiasm continued over…

Tom Lee, chairman of BitMine, appeared on Fortune, warning that the bubble surrounding digital asset treasuries may have already burst. He did not soften his message, describing the structure as one in which companies are now worth less than the coins they are supposed to represent — a situation he calls the clearest signal that “this game has started to collapse.” [ ZOOMER ]TOM LEE, CHAIRMAN OF THE BIGGEST ETHEREUIM DAT, SAYS THE DAT “BUBBLE HAS BURST”: FORTUNE — zoomer (@zoomerfied) October 16, 2025 The remarks came shortly after the crypto market experienced a $19 billion liquidation wipeout in derivatives…

Prediction market protocol Myriad is now offering USDC and Myriad Points rewards for users through a new Share to Earn model, and extending revenue sharing to developers using the Myriad Builder Ecosystem. “Myriad’s goal has always been to create a dynamic participatory model that fairly rewards all participants in its ecosystem,” DASTAN co-founder and COO Ilan Hazan told Decrypt. “Our on-chain revenue share system ensures that rewards are distributed in a transparent and inclusive manner,” he said, adding that, “We only win together.” (Disclaimer: Myriad is operated by Decrypt’s parent company DASTAN) 🪙 Introducing our new global rev share program!…

TeraWulf wants to raise $3.2 billion for commencing the next phase of developing Lake Mariner, a hybrid data center designed to mine Bitcoin and power AI. The company will raise the funds through senior secured notes, which are due within five years. TeraWulf is attempting one of the largest single debt financings by an incorporated Bitcoin mining company. TeraWulf targets institutional investors The Bitcoin mining and AI corporation said that secured notes, or a loan agreement, will be offered to qualified institutional investors. The fundraising procedure follows Rule 144A of the Securities Act in the United States. TeraWulf will provide…

As crypto markets fall further on Thursday, predictors on Myriad are still putting their money where their mouths are.  Tightly contested markets on the platform have seen recent swings, particularly as users consider Bitcoin’s next stop, Solana’s chances for a new all-time high, and the race to $5,000 that’s brewing between Ethereum and Gold. Here’s a deeper look into some of the most-traded markets on Myriad this week.  (Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.) Bitcoin’s next move: $120K or dip to $100K? Market Open: October 12Market Close: Open to resolutionVolume: $149KLink: See the latest odds…

GSR submitted filings for five crypto-focused exchange-traded funds (ETFs) to the Securities and Exchange Commission on Sept. 24, tracking the performance of digital asset treasury (DAT) companies and Ethereum (ETH) staking. The Digital Asset Treasury Companies ETF aims to achieve total return by investing in equity securities of companies that hold digital assets in their corporate treasuries. The fund will invest at least 80% of its assets in these Digital Asset Treasury Companies, with the adviser defining eligible companies as those that maintain a significant portion of their holdings in crypto. The fund expects to hold approximately 10 to 15…

MARBLEX, Netmarble’s blockchain-specialized subsidiary, has partnered with Microsoft, a leading tech giant. Particularly, MARBLEX and Microsoft have signed a Memorandum of Understanding (MOU) to start a strategic agreement to drive innovation in Web3 gaming. As mentioned in the official press release of MARBLEX, the development is set to advance game publishing endeavors and AI-led advancement in the Web3 sector. Hence, this move could redefine the Web3 gaming ecosystem, bolstering technical strength and global reach. Big news. MARBLEX 🤝 Microsoft.AI, Azure, and blockchain.Get ready for the next wave of Web3 games. pic.twitter.com/dp1Yp1Pic5 — MARBLEX (@MARBLEXofficial) October 16, 2025 MARBLEX and Microsoft…