Author: NBTC

“[B]ig lenders have become more selective about data center loans and decisions increasingly depend on the customer, the contract and the path to completion,” BlocksBridge said. Bitcoin miners’ AI borrowing costs depend on project terms For IREN, the newsletter cited a $3.65 billion GPU financing package announced on June 1 to support its Microsoft cloud contract. BlocksBridge put the blended debt cost at 6%. In its August results, IREN disclosed a separate $2.4 billion financing arrangement carrying a fixed rate of 9%, according to the report. The second package supported the company’s air-cooled expansion at Mackenzie. Although the rates differ…

The move comes as Bitcoin enters October, a month that has often been strong for $BTC. Bitcoin has closed higher in 10 of the past 13 Octobers, with an average gain of 18.71%. This has added to the bullish mood around the start of “Uptober.” The rally also triggered liquidations across the market. Around 77,543 traders were liquidated in the past 24 hours, with total liquidations reaching $324.68 million. Citi Forecast Leads Bitcoin Rally The primary reason behind Bitcoin’s latest rally is Citi’s new bullish price forecast. The bank raised its 12-month Bitcoin price target from $82,000 to $113,000, citing…

Meanwhile, the spot volume has been declining dramatically, as weekly ETF outflows still remain high near $542 million, suggesting demand remains weak. Heavy liquidations, dominated by leveraged longs, further accelerated the decline. Therefore, looking ahead, $2,408 remains critical, as another breakdown below that support could expose $2,350–$2,400. Conversely, reclaiming $2,560 would signal improving demand and open a recovery toward $2,625, potentially restoring confidence and reducing downside pressure. $ETH Open Interest signals liquidation risk Elsewhere, Ethereum’s price recovery now faces another hurdle. According to Alphractal’s derivatives positioning data, major traders’ confidence is declining. The 30-day and 180-day open interest deltas are…

Myriad: Ethereum’s next price move? Click to make your prediction. Under the system, a corporate bond is issued as a native digital token on a private, permissioned ledger operated by India’s statutory depositories, NSDL and CDSL. Three companies have already tapped the framework, raising a combined 1,025 crore rupees, or about $107 million. State-owned lender REC went first on Sept. 7, raising 500 crore rupees from 18 investors in what it called India’s first tokenized corporate bond, followed by Larsen & Toubro with another 500 crore rupees and non-bank lender IIFL Finance with 25 crore rupees. The system links the…

Market Pulse As of now, $HYPE’s trading volume stands at zero, indicating low market activity. This lack of trading activity may suggest an opportunity for accumulation or signal market indecision. Despite the current quietness in trading, the narrative around DAT investments continues to attract attention from traders and analysts alike, highlighting the importance of external market factors in shaping $HYPE’s future. $HYPE is a cryptocurrency associated with Hyperliquid’s innovative trading and liquidity solutions. The regulatory environment for digital asset treasuries is evolving, with entities like BitMine positioned to capitalize on emerging trends. DATs, or digital asset treasury companies, play a…

The new MSTR target represents a 76.5% increase from Citi’s previous $136 estimate. With Strategy closing around $160.50 on Oct. 1, a move to $240 would require roughly another 49.5% gain. Citi’s valuation framework splits that potential upside between a higher Bitcoin price and an expansion in the premium investors are willing to pay for Strategy relative to its underlying $BTC holdings. Bitcoin Appreciation Accounts for Most of Citi’s MSTR Upside Citi sees about 34% of MSTR’s potential upside coming from Bitcoin appreciation. That assumption follows the bank’s decision to raise its 12-month Bitcoin target by roughly 39%, from $82,000…

Ethereum Foundation-linked wallets move 4,393 $ETH to Kraken The reported transfers involved two wallets identified through their historical connection to the Ethereum Foundation. EmberCN’s analysis indicated that the addresses moved a combined 4,393 $ETH to Kraken, with the cryptocurrency valued at approximately $11.13 million when the transactions were identified. The transfers prompted questions about whether the foundation was preparing another sale, although the available blockchain information establishes the reported movement of assets, not their subsequent sale. The wallet history dates back approximately ten years, when an address associated with the Ethereum Foundation transferred 59,751 $ETH to the tracked recipient. According…

Gold falls to approximately $4,331 an ounce amid rising rate hike odds The slide reflects a broader repricing across markets as investors adjust their expectations for how aggressively the Fed might act. Gold pays no yield, so whenever the odds of higher interest rates rise, the metal tends to lose some of its shine against income-generating assets. Silver and platinum market movements Silver felt the same pull lower, with spot prices slipping 1.0% to $63.88 an ounce. Platinum bucked the trend slightly, edging up 0.2% to $1,802.94, showing that not every precious metal is reacting to the inflation print in…

Furthermore, Hoskinson compared the situation to a hypothetical $2 trillion valuation reading for Zcash, arguing that an extreme figure recorded during a token’s launch should not necessarily be treated as a genuine market valuation. CoinMarketCap and CoinGecko Record Different $NIGHT ATHs The comments followed a CoinGape report that described $NIGHT as being around 90% below its $1.81 $ATH after the token surged nearly 159% to $0.048 in late September. However, CoinMarketCap highlights $1.81 as $NIGHT’s $ATH, while CoinGecko records a substantially lower peak of $0.1185. The difference between the figures significantly affects how the token’s historical performance is measured. For…

Crypto PAC expenditures by party. Source: Tech Influence Watch “When you invest heavily in the Republican Party, by definition, you’re going to alienate Democrats,” Cuomo said. As of Thursday, a Kalshi prediction market put the probability of Democrats winning both chambers of Congress at about 61%. Cuomo said a Democratic-controlled Congress could either seek to roll back the agencies’ crypto initiatives or work with the Trump administration to pass the full CLARITY Act. “You need Democrats to pass the bill. You need Republicans. You have to be more balanced.” Democrats aren’t anti-crypto, says Cuomo Cuomo also disputed the perception that…