Author: NBTC
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Are we back? BTC is at a new all-time high of $121k, ETH is back above $3k, and Aave just crossed $50 billion in TVL. But probably most significant of all is the return of initial coin offerings (ICO). This past Saturday saw Pump’s ICO raising $500 million at a $4 billion FDV.I say “Saturday,” but it was all over in 12 minutes. 125 billion PUMP tokens (12.5% of total token supply) were all sold for $0.004 apiece. As of this morning, PUMP is trading at 0.017,…
According to breaking news, the news that Toncoin (TON) investors were granted a “golden visa” in the United Arab Emirates (UAE) was denied by official authorities. The Federal Agency for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA) and the Virtual Assets Regulation Authority (VARA) made a joint statement, stating that these claims circulating on some websites and social media platforms do not reflect the truth. Following the development, there was a sudden drop in the TON price: Graph showing the decline in the TON price. The ICP statement said that golden visas are only…
Federal prosecutors in California have charged one Los Angeles deputy and secured a guilty plea from another over their roles in a civil rights conspiracy linked to a jailed crypto entrepreneur self-styled as “The Godfather.” The scheme centers on Adam Iza, a 24-year-old cryptocurrency businessman and founder of Zort, a crypto trading firm that prosecutors say was used to funnel illicit payments to law enforcement officers. Iza pleaded guilty in January to conspiracy against rights, wire fraud, and tax evasion and has been in federal custody since September 2024. David Anthony Rodriguez, an LASD deputy from La Verne, pleaded guilty…
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. We live in a world of billionaire Bitcoiners — where mega corporations and sovereign governments stack sats, and hyper-capitalized prop trading firms split the difference. It’s easy, then, to feel small in the Bitcoin space. But for every story about Gigachads like Michael Saylor, there are countless untold stories about regular people who’ve reached out and touched the world through Bitcoin. Today’s Legend, Isaac Miller, is the embodiment of the Bitcoin Everyman. A living reminder that Bitcoin is first and foremost for the individual; it all…
Kazakhstan has considered investing its national funds, such as gold and foreign exchange reserves, in crypto assets. Timur Suleimenov, the governor of the country’s Central Bank, confirmed the possibility to local media at a press conference on Monday. According to Süleimenov, Kazakhstan is currently reviewing investments made by national funds in Norway, the US, and the Middle East in cryptocurrencies or in company stocks and ETFs related to this sector. “Our gold and foreign exchange reserves, as well as the National Fund, have alternative portfolios. We are using aggressive strategies to generate higher investment returns,” Süleimenov said, adding that direct…
The cryptocurrency market has been on a quiet streak for the past few days, following a rally last week that took Bitcoin above $110,000. There will also be many economic developments and altcoin events in the new week. You can follow these in our special weekly calendar. In addition, there will also be large amounts of token unlocks in many altcoins next week. Here is the token unlock calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) NAVI Protocol (NAVX) Date: July 7, 2025, 03:00 Amount to Unlock: $1.24 million (5.30%…
The Bitcoin Historian account (@pete_rizzo_) has shared a screenshot of a tweet published by prominent trader James Wynn. This high-risk leverage trader is currently holding a long Bitcoin position worth $809 million. “I ain’t selling,” trader says In his tweet, Wynn stressed that he does not intend to sell and intends to buy more: “I ain’t selling. I’m buying into them. Position value now $809m.” So far, he stressed, the situation on the market is unraveling in the way he was expecting it to. BREAKING: TRADER WITH $800 MILLION #BITCOIN LONG SAYS “HE’S NOT SELLING, HE’S BUYING”ABSOLUTE MADMAN. HIGHER 🚀…
The price of Bitcoin miner BitMine Immersion Technologies jumped on Monday after the NYSE-listed company, which in late June announced a private placement to add to its Ethereum treasury, surpassed $500 million in ETH holdings through its latest purchases of the asset. But by the end of the day, most of the gains had evaporated. BitMine (BMNR) stock spiked to a daily peak of $59.00—a 45% surge over the Friday closing price of $40.62. But by the end of a highly volatile day, the stock price had fallen to $41.02, barely 1% up on the day. And the falling price…
The Shiba Inu burn rate surged an astonishing 10,786%, with over 9.5 million SHIB tokens permanently removed from circulation, according to data from Shibburn. The SHIB burn mechanism is a key deflationary strategy aimed at reducing the circulating supply in hopes of driving up demand and, ultimately, the token’s market value. Despite the recent spike in burn activity, SHIB has yet to display any significant price movement over the past week. Data from IntoTheBlock reveals that a staggering 88% of SHIB holders are currently “Out of the Money,” meaning they are holding their tokens at a loss. SHIB price shows…
Not even a “MechaHitler” meltdown was enough to scare off the Pentagon, apparently. Just days after xAI’s Grok chatbot generated a stream of antisemitic and homophobic responses, Elon Musk’s company announced that it secured a $200 million defense contract to develop and supply AI tools to federal workers. The Department of Defense’s Chief Digital and Artificial Intelligence Office announced the contract on Monday, saying it is designed to help the government tap into the latest AI tools for everything from battlefield operations to business needs. “The adoption of AI is transforming the Department’s ability to support our warfighters and maintain…