Author: NBTC

SWI Group (SWICH), which controls the former FTX-owned bitcoin BTC$84.155,39 miner Genesis Digital Assets, said it raised 800 million euros ($894 million) from institutional investors to expand its data center and artificial intelligence (AI) computing target=”_blank” rel=”noopener noreferrer”>values it at 6.1 billion euros. It announced the purchase of about 40% of Genesis Digital in June for $500 million, completing the acquisition in August with 70% of the voting rights and renaming the unit SWI Digital. The company’s strategy illustrates what has become a familiar trade for bitcoin-mining enterprises. Their most valuable asset is no longer their mining machines, but the…

Read top to bottom, the contracts show a fairly balanced market: Up: $90,000 at 59.5%, $92,500 at 41.5%, $95,000 at 26.5%, $100,000 at 10.5%, $105,000 at 5.25% Down: $82,500 at 71.5%, $80,000 at 49.5%, $75,000 at 21.5%, $70,000 at 8.5% Why the Upside Bettors Have a Case Bitcoin’s price is currently hovering near $85,500, up about 2.1% over 24 hours, as institutional money has come back. To elaborate, US spot bitcoin exchange-traded funds (ETFs) took in a net $102.7 million on Oct. 1. Blackrock’s IBIT pulled in $195.6 million while Fidelity’s FBTC lost $60.7 million. That reversed a rough end…

Specifically, the legendary ‘Big Short’ trader Michael Burry revealed the four reasons why he isn’t buying the narrative in an X post published late on Sunday, September 13. Why Michael Burry does not believe the AI extinction narrative According to the famous investor, large language models (LLMs) – the dominant form of contemporary generative AI – ‘are not AI and won’t be AGI.’ Thus, he concluded, ‘there is nothing AI to slow down.’ Michael Burry then pivoted to what appears to be the centerpiece of his thesis: the recent upsurge in competition from open-source and Chinese models has reduced the…

Zebra 7.0.0-rc.0 is here — NU7 arrives on Testnet 🦓 ⚡️ Blocks every 25 seconds instead of 75🛡️ New shielded limits protect wallets from spamActivates on Testnet at height 4,465,026 (~Oct 6). Testnet operators should upgrade before then 👇️ https://t.co/G2TV9hyvQd — Zcash Foundation 🛡️ (@ZcashFoundation) October 2, 2026 NU7 is expected to bring blocks every 25 seconds instead of every 75, a new network sustainability mechanism that recycles part of every transaction fee into future block rewards, and new shielded limits that protect wallets from spam. Currently, a Zcash user waits 75 seconds on average for a first confirmation, which…

It also pointed out that it has secured multiple partnerships with other professional sports leagues — including Major League Baseball and the National Hockey League — and that the NFL is standing apart. “All but the NFL have been willing to share data and collaborate to protect game integrity,” Diana said. The legal authorities underpinning sports wagers on prediction markets has come to a crossroads as one federal court has backed Kalshi’s argument that the CFTC should be its sole regulator and two others have sided with the states’ position that sport betting belongs under the authority of their own…

Those are averages, not Wednesday’s snapshot. The separate September 9 levels were about $3.037 trillion for reserves and $843.705 billion for Treasury cash. How US tax payments could affect Bitcoin liquidity The accounting mechanism is straightforward: tax payments move balances from commercial banks’ reserve accounts into the Treasury’s account. Treasury spending moves funds back to recipient banks. Other things equal, incoming taxes reduce reserves, while outgoing government payments replenish them. That can matter for short-term financing, including repo markets where cash is borrowed against securities. The New York Fed’s account of September 2019 describes how a temporary reserve decline, Treasury…

Data sourced by market intelligence platform Santiment confirms this. Notably, as of Sept. 20, amid the price recovery push, these $XRP whales held a cumulative balance of 12.32 billion tokens worth an excess of $17.3 billion at the time. Before then, their figure had ranged between 12.1 billion and 12.5 billion $XRP. $XRP Whales Accumulation | Source: Santiment However, an accumulation pattern emerged shortly after, with these whales increasingly adding to their balance. By Sept. 25, the figure had spiked to 13.74 billion $XRP, marking an increase of 1.42 billion $XRP or $2.21 billion within just five days. The campaign…

The Numbers As of now, there are no significant price movements to report within the crypto market. The volume remains low, reflecting cautious sentiment among investors. This lack of trading activity could suggest that market participants are waiting for clearer regulatory signals before making substantial moves. The focus on potential legislative changes, particularly those proposed by influential figures like Warren, could lead to shifts in market dynamics as stakeholders assess the implications of new rules. Senator Elizabeth Warren is a prominent advocate for stricter regulations within the cryptocurrency industry. Her jurisdiction as a member of Congress allows her to influence…

Myriad: How high will Bitcoin go? Click to make your prediction. Wall Street’s reading: the pressure to keep hiking rates just eased, which generally bodes well for risk assets like Bitcoin. The largest cryptocurrency by market capitalization rose sharply following today’s macro moves, and the charts suggest Bitcoin could go higher still during the month affectionately known as Uptober. Before diving into the data, here’s some context traders and investors should know: The Federal Reserve raised rates by a quarter point on September 16, in a unanimous vote, lifting the target range to 3.75%-4.00%. It was the first hike since…

Aave’s health factor compares collateral value, adjusted for liquidation thresholds, with debt. A position becomes eligible for liquidation below 1. The top Monad PT suppliers had health factors between 1.01 and 1.18, with a median of 1.03, in the Oct. 9 snapshot. $USDC was their dominant debt asset, followed by USDT0. Those readings leave a narrow valuation cushion for part of the cohort. They also reflect why borrowers pair correlated collateral and debt: smaller relative price changes can support higher leverage. Aave notes that lower health factors may be appropriate for correlated assets. During liquidation, someone repays the borrower’s debt…