Author: NBTC

Top banks stick their necks out to support Strategy’s (MicroStrategy) Bitcoin itch. Despite persisting debates about the sustainability of MicroStrategy’s (now Strategy) Bitcoin treasury… strategy, demand for the debt instruments fueling the firm’s digital asset purchases shows no signs of slowing as investors seek high beta exposure to the asset. Now, Banks are taking note. In the latest instance highlighting this, at least four top banks are set to underwrite the firm’s latest convertible note offering to facilitate more Bitcoin buys. A Packed Roster On Tuesday, February 18, the firm announced that it plans to raise another $2 billion through…

TRON (TRX) achieved peak Tether (USDT) activity in 2024, roughly handling more than $17.9B per day in token transfers. Trading and DeFi volumes were even higher, with a 48% yearly growth. TRON (TRX) achieved peak Tether (USDT) activity in 2024, handling on average $17.9M in token transfers. DeFi and trading volumes were higher, reaching $5.46 trillion. TRON turned into one of the most active USDT transfer platforms, despite the drop of supply at the end of 2025. The coming year, however, is seen as potentially successful for all stablecoins. In the first days of January, the total supply of stablecoins…

Nigeria’s federal government has launched another lawsuit against Binance amid an ongoing legal battle over alleged illegal operations and unpaid taxes. Nigerian authorities have asked a court to approve a whopping $79.5 billion penalty against crypto exchange Binance and compel the company to pay $2 billion in retroactive taxes. The country’s Federal Inland Revenue Service has also demanded that Binance provide financial records for 2022 and 2023. Government attorneys argued for a 10% annual penalty plus a 26.75% interest on unpaid taxes, citing lending policies from the Central Bank of Nigeria. You might also like: News Binance.US resumes USD transactions…

Despite the lack of action on the cryptocurrency market lately, there is still a lot going on behind the scenes of the price charts, especially in the on-chain realm. Large transfers are still taking place, whales are shuffling their crypto capital and exchanges are managing their hot wallets and deposits. What the recent Shiba Inu (SHIB) shift was between these two options remains open to speculation. However, it is a fact that just a week after acquiring nearly 152 billion SHIB, which is equivalent to about $2.28 million in the popular meme-inspired cryptocurrency, a wallet under the address “0x4c92” transferred…

Bitcoin, which saw a modest rally during the Christmas period, has recently witnessed a decline. The market participants appear to be booking profits, exerting downward pressure on the leading cryptocurrency’s price. With weakening buying activity, BTC’s price may soon fall below the critical $90,000 mark. This analysis explores some of the reasons behind this projection. Bitcoin Bears Apply More Pressure BTC’s decline over the past few days has pushed its price below the Leading Span A (green line) of its Ichimoku Cloud indicator, where it currently trades. This indicator tracks the momentum of an asset’s market trends and identifies potential…

Ethereum (ETH) has faced a challenging year, emerging as the worst-performing cryptocurrency among the top five, with a year-to-date decline of 20%. Currently trading at $2,710 the asset has struggled to gain momentum even during broader market recoveries. However, key network indicators suggest potential signs of a turnaround, with Ethereum transaction fees dropping to $0.41 per transfer, their lowest level since August 2024. This sharp decline signals reduced congestion and a possible accumulation phase, historically seen before price rebounds. Yet, uncertainty surrounding Ethereum’s near-term trajectory remains, leaving investors divided on its next move. Finbold AI predicts Ethereum price target for…

Wintermute CEO Evgeny Gaevoy says the company wants to focus on expanding its services into the U.S., starting with an office in New York. According to a recent Bloomberg report, the algorithmic trading firm and market-maker Wintermute has set its sights on the U.S. market. The firm’s main office is in London and it recently opened its Singapore office in December 2024, it now aims to open up an office in New York. At the the Consensus crypto conference in Hong Kong, Wintermute Chief Executive Officer, Evgeny Gaevoy, said the company plans to extend its reach with a “new added…

According to onchain data provided by Lookonchain, a crypto whale has made a significant profit by mining AI-themed altcoins and memecoins. According to the data, the total profits of the crypto whale in question were measured at $5.14 million on GOAT, $4.5 million on AI16Z, $4 million on Fartcoin, and $4 million on ARC. Digging deeper, it appears that the whale purchased GOAT tokens when the token’s total market value was below $2 million. The whale, who initially spent $62,000 for GOAT, sold the tokens he purchased for $5.2 million. For A16Z, the whale purchased when the total market value…

For a very long time, technology startups have had two main exit strategies: Initial Public Offerings (IPOs) and mergers & acquisitions (M&A). However, according to Balaji Srinivasan, the former chief technology officer (CTO) of crypto exchange Coinbase, the crypto world and blockchain technology have opened a new frontier – Security Token Offerings (STOs). In a post on X (formerly Twitter), Srinivasan explained that at its peak in 1996, there were approximately 8,000 publicly traded companies. Today, that number has nearly halved to around 4,642. This was mainly due to regulatory policies. As IPOs became more challenging, M&A became the preferred…

AI chatbots ChatGPT and Grok AI point out what they believe could be the ideal XRP prices for when banks decide to mass adopt XRP for ODL. Notably, XRP, often called “the banker’s coin,” has been at the center of discussions around crypto’s potential to improve cross-border transactions. XRP boasts lower fees, greater security and higher speed, making it ideal for this utility. XRP Ideal Choice for Cross-Border Transactions As a result, blockchain payment firm Ripple already leverages XRP as a bridge currency for its On-Demand Liquidity (ODL) solution (now Ripple Payments). Despite this, some argue that banks and financial…