Author: NBTC

Over the past two weeks, Bitcoin’s hashrate has fallen by nearly 100 exahashes per second (EH/s) — signaling a slowdown in global mining activity. This decline coincides with a $2 drop in mining revenue per petahash (PH/s) since last month, reflecting tighter profit margins for miners amid fluctuating network conditions. Global Bitcoin Hashrate Pulls Back From All-Time High, Signaling Network Rebalance As the next difficulty adjustment approaches next week, estimates anticipate a notable reduction in mining difficulty, potentially offering short-term relief but pointing to broader volatility across the bitcoin mining ecosystem. Roughly two weeks ago, Bitcoin’s total network hashrate reached…

In a groundbreaking move, zkLink, a famous L2 interoperability protocol, has partnered with Revox, as Web3-based AI agent platform. The partnership primarily focuses on accelerating fully autonomous, fast, and smart trading in the DeFi sector with ZK Rollup technology and AI-driven trading agents. The platform revealed via its official social media announcement that the collaboration is a noteworthy development toward reshaping the decentralized trading operations. Hence, the development is set to improve consumer experience, efficiency, and Web3 innovation. Big things are happening 👀We’ve partnered with @revoxdotai to fuse AI trading agents with zkLink’s L3 zkEVM aggregation – bringing smarter, faster,…

The largest altcoin, Ethereum (ETH), surpassed its 2021 ATH in late August, reaching above $4,900 and setting a new record. However, following subsequent declines, ETH has been exhibiting quite volatile activity in recent days, falling below $4,000. After reaching above $4,700 just a few days ago, this surge was short-lived, and it fell back to the $4,300 level. While investors are closely watching which direction ETH will move, major bull Tom Lee’s fund analyst Mark Newton said that the recent pullback in the cryptocurrency market is nothing to worry about. Fundstrat Global Advisors managing director Mark Newton added that he…

Bitcoin BTC$121,677.25 miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting their operations toward AI infrastructure. IREN (IREN) is up 4% at $66 after a 6% rise on Thursday, now up more than 520% year-to-date. TerraWulf (WULF) is 5% higher pre-market after a 10% surge on Thursday, bringing its YTD gain to 150%. Other notable movers include Cipher Mining (CIFR) CleanSpark (CLSK) and Bitfarms (BITF), which all trade 2%-4% higher in pre-market. The total market capitalization of the miners is nearing $90 billion, according to Farside data, and…

Falcon Finance has secured a $10 million strategic investment from M2 Capital to advance its universal collateralization infrastructure for onchain liquidity and yield. UAE’s M2 Group Leads $10M Investment in Falcon Finance’s Universal Collateral Model BVI — Falcon Finance, a decentralized finance (DeFi) protocol focused on universal collateralization infrastructure, announced a $10 million strategic investment from M2 Capital Limited, the proprietary investment arm of UAE-based M2 Group. Cypher Capital, another UAE venture firm known for backing blockchain infrastructure projects, also participated in the round. The funding marks a major milestone in Falcon’s mission to improve stability and capital efficiency across…

The Ethereum Foundation’s ETH sales are a proactive moving on to secure sustainable funding, not a signal of weakness. As the market impact remains limited, with data showing ETH tends to recover quickly after these structured treasury adjustments. The Ethereum Foundation’s decision to sell 10,000 ETH has inevitably drawn questions about price impact. While some traders fear added selling pressure, others point to the Foundation’s measured approach. Previously, Crypto News Flash (CNF) report, also highlighted that the Ethereum Foundation converted 1,000 ETH earlier this year to maintain treasury balance and continue funding goals. EF’s transparency is quoted in its policy…

When a cache of internal files from firms tied to fugitive Moldovan oligarch Ilan Shor hit the internet earlier this month, analysts saw more than business secrets exposed—they saw the architecture of a crypto-powered geopolitical machine. According to a new report from blockchain forensics firm Elliptic, the leak uncovers how Russia and its partners have been using cryptocurrency to skirt sanctions and influence elections in Moldova. At the heart of the leak is A7, a network of companies founded and allegedly controlled by Shor and deeply intertwined with Russia’s financial apparatus. Elliptic’s analysis connects A7 and its associated firms to…

Zac Prince, the former chief executive and co-founder of collapsed crypto lender BlockFi Inc., is back in the digital asset industry as the head of Galaxy Digital’s new banking platform, Galaxy One. The move marks Prince’s return to a leadership role less than three years after BlockFi’s bankruptcy, which followed the implosion of crypto exchange FTX. Galaxy hired Prince earlier this year to oversee Galaxy One, which launched today and allows users to earn yield on cash deposits and trade both cryptocurrencies and traditional equities. The appointment places Prince at the center of another effort to merge crypto services with…

A tightening U.S. power grid is driving bitcoin BTC$111,480.33 miners and AI developers into closer alignment, according to Wall Street broker Bernstein. Soaring demand from AI and digital workloads has made grid access one of the biggest constraints on new data center growth, with interconnection timelines stretching to seven years in some regions, the broker said in a report on Friday. Miners, who secured large renewable power contracts years ago, now control more than 14 gigawatts (GW) of capacity and offer AI providers a shortcut to scale, analysts led by Gautam Chhugani wrote. Sites owned by IREN (IREN) and Riot…

Cake Wallet, the renowned open-source wallet focused on privacy, takes a revolutionary step by introducing xStocks: users can now purchase tokenized stocks and ETFs directly from the app, using Monero, Bitcoin, or Ethereum. This means being able to invest in stocks of giants like Google, Amazon, and Nvidia, without going through banks or traditional intermediaries. Cake Wallet integrates xStocks: invest in stocks with crypto An increasingly rich DeFi ecosystem Global Accessibility and Regulatory Limits Cake Wallet: privacy, security, and innovation A New Paradigm for the Modern Investor Conclusions: the Future of Investment is Decentralized Cake Wallet integrates xStocks: invest in…