Author: NBTC

Grayscale recently tweeted that SpaceX is set to become the largest public company holding Bitcoin, with 18,712 BTC valued at about $1.4 billion as it approaches its early June IPO. The announcement underscores a growing trend in institutional investments in cryptocurrency, highlighting how major corporations are increasingly adopting Bitcoin as a strategic asset. This insight reflects a broader acceptance of digital currencies among public companies and can potentially influence market dynamics moving forward. What Happened The current landscape shows that Bitcoin is attracting substantial institutional investments, with significant players like Grayscale facilitating this trend. The recent tweet from Grayscale indicates…

A publicly-traded children’s tutoring company has reinvented itself three times over the past year, pivoting from online education to Solana treasury management, then AI datacenter operations, and eventually, HyperLiquid yield farming. Unfortunately, it dwindled to a penny stock in the process. Shareholders have paid for every cringeworthy bandwagon hop. Its stock is down 99.9% over the past 12 months. KIDZ AI is a Nasdaq-listed edtech curiosity formerly known as Classover Holdings. In 2025, it offered some sort of online, K-12 afterschool program. As of yesterday, it’s planning to farm stablecoins in the Hyperliquid ecosystem. Every bizarre pivot arrived with a…

In the cryptocurrency market, $FTT experienced a brief but sharp rise following rumors of an amnesty circulating ahead of the 250th anniversary of the founding of the United States and Independence Day on July 4th. Rumors circulating in the market suggest that the White House is considering a proposal to grant presidential pardons to 250 people as part of the 250th anniversary celebrations. These rumors quickly translated into interpretations of the “pardon concept” within the cryptocurrency community, and the $FTT token, formerly associated with the FTX exchange, was also affected by these speculations. Related News BREAKING: U.S. President Donald Trump’s…

The U.S. government transferred nearly $297 million in seized Bitcoin and Ether to Coinbase Prime on Monday, according to blockchain data. The move renewed questions about how federal agencies plan to handle crypto covered by President Donald Trump’s reserve policy. The transfers included about 3,940 $BTC worth roughly $244 million and around 30,000 ETH valued near $53 million at the time. Arkham’s government wallet tracker recorded the movements, although changing market prices can alter their dollar value. Seized Bitcoin and Ether reach Coinbase Prime Galaxy Research head Alex Thorn linked the Bitcoin to seizures involving Ryan Farace, known online as…

Bitcoin mining is looking less like a wide-open competition and more like a tight club. A CryptoSlate partner article published on 07/08/2026, citing miningpoolstats.stream data as of 06/23/2026, says Foundry Digital, AntPool, ViaBTC, and F2Pool together account for more than 70% of the network’s hashrate. The shift is fueling what the coverage calls a “two-tier market,” with the biggest pools increasingly tuned for institutional clients while independents and mid-size operators get squeezed. Some smaller miners are already quietly reconsidering where they point their machines, especially as ViaBTC faces added regulatory scrutiny in 2026. Bitcoin mining is often talked about like…

JPMorgan has completed the tokenization of the Invesco QQQ Trust in a live transaction, another step in Wall Street’s efforts to integrate blockchain technology into traditional financial markets. The Depository Trust & Clearing Corporation (DTCC) said the transaction was completed using existing market infrastructure, allowing tokenized securities to be processed within the current financial system. “JPMorgan successfully completed an equity token conversion involving the Invesco QQQ Trust (QQQ), offering a practical example of tokenization at work within trusted market infrastructure,” DTCC said in a post on X. The transaction is part of a broader push by financial institutions to explore…

Bitcoin traded near $62,675 on July 5, according to crypto.news market data. The asset was up about 0.1% over 24 hours and 4.03% over seven days. Its market cap stood near $1.26 trillion, while 24-hour volume was about $17.57 billion. The latest 24-hour range showed Bitcoin moving between $62,462 and $63,383. That kept $BTC close to the $63,000 area after a short-term rebound from the late-June low near $58,000 to $59,000. Michael Saylor added to the wider market discussion with a short post on X, saying “Bitcoin is Digital Energy.” The comment came days after he argued that Bitcoin’s long-term…

Investors in Blackstone’s flagship private credit fund asked for their money back this quarter. Half of them won’t get it. The $79 billion Blackstone Private Credit Fund (BCRED) told shareholders on Thursday that withdrawal requests hit 10% of its outstanding shares but the fund will honor just 5%. It is the first time BCRED has ever capped redemptions. The cap works out to about half of what investors wanted, according to a regulatory filing. Last quarter, the fund did something more theatrical. Requests hit what was then a record 7.9%, higher than the quarterly 5% cap at which Blackstone is…

Pendle Finance has announced a crucial update regarding its Algorithmic Incentive Module (AIM), revealing a substantial reduction in $PENDLE emissions. Initially targeting a 30% cut, the actual reduction has reached 64,000 $PENDLE per week, surpassing expectations significantly. This update can be viewed in the official tweet from Pendle’s account here. What Happened The broader crypto market is currently exhibiting mixed signals, yet Pendle’s latest initiative stands out. The AIM was designed to align user incentives with the platform’s goals by automatically adjusting rewards based on performance. By effectively cutting emissions more than double the original target, Pendle is not only…

Tribal case tests a different Kalshi defense Kalshi faced the Ninth Circuit on July 10 as Blue Lake Rancheria, Chicken Ranch Rancheria of Me-Wuk Indians and Picayune Rancheria of the Chukchansi Indians challenged a lower-court decision allowing its sports markets to remain available on their lands. The appeal follows a November order denying their request for a preliminary injunction against Kalshi and its distribution partner Robinhood. The tribal appeal reaches the Ninth Circuit amid a widening federal preemption split over whether event contracts belong exclusively under commodities law. Attorney Lester Marston, representing the tribes, argued that Kalshi is offering unauthorized…