Author: NBTC

This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. HIVE Digital has signed an agreement to acquire a 7.2-megawatt data center in Toronto, marking the first infrastructure purchase under its new high-performance computing subsidiary, BUZZ HPC. In a press release Monday, HIVE said the acquisition is intended to establish a foothold for developing sovereign Canadian AI infrastructure, with plans to deploy liquid-cooled systems to support advanced compute workloads. Located in Canada’s largest tech hub, the Toronto facility is expected to be upgraded to Tier…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. US spot bitcoin ETFs notched combined net inflows of nearly $1 billion on Monday and Tuesday. As for the next crypto ETFs hitting the market, some launches are imminent. As in, this week. Others will take a while longer. Volatility Shares is set to introduce two XRP futures ETFs on Thursday — a standard one and a version that offers 2x daily exposure. The impending launches will follow Teucrium’s XRP futures ETF launch in April. That fund has ~$120 million in assets under management. Then, CME…

Even with the controversy surrounding the $600 million ADA misappropriation scandal, Cardano investment products continue to hold strong in recent weeks. Based on CoinShares’ data from the week of May 30, Cardano saw $0.1 million in inflows. This may seem small, but given all the attention its founder, Charles Hoskinson, has been getting, you cannot ignore it. Cardano products have seen positive inflows for the third week in a row, with $2 million added in May and $73 million so far this year. These figures do not show a huge increase, but they suggest that institutional confidence in the project…

Uniswap’s L2 swap volume surpassed $180 billion by mid-2025, already outpacing its entire 2023 total. New features like gas-free limit orders and smart wallets drive growing L2 user adoption on Uniswap. By mid-2025, Uniswap managed to record swap volumes of over $180 billion from Layer-2 (L2) networks alone. Not only is this figure higher than the total for 2023, but it also puts this year on track to surpass the full 2024 achievement. And interestingly, it’s not even six months old yet. The comparison that has emerged in the community is this: last year, total L2 swaps on Uniswap reached…

The crypto economy has shown modest signs of recovery since Thursday, though it remains 2.16% lower over the past 24 hours, hovering near the $3.25 trillion mark. Bitcoin, too, has been attempting a gradual climb, with bullish traders breaking through the $104,000 barrier. Crypto Swings Wild as Bitcoin Teeters Around $104K, Altcoins Record Bigger Wins and Losses Following yesterday’s dip to $100,000—and briefly teetering below—bitcoin (BTC) has shown mild recovery. Despite that, the dominant crypto remains 1% lower against the U.S. dollar over the past 24 hours. It reached an intraday peak of $104,599 per coin and is currently priced…

ETH and SOL are leading the charts in terms of TVL. With the crypto market reaching the cooling period in June 2025, the major blockchain networks are also experiencing significant declines in the number of users. Nevertheless, although most metrics are red, the DeFi infrastructure and capital flows are remarkably healthy. Ethereum Leads in TVL Despite User Drop Ethereum is generally the most important blockchain network by most measures, but recent statistics point to trouble in the short term. Ethereum has 1,379 protocols and 349,000 active addresses. Nevertheless, Ethereum is still a giant in terms of DeFi domination, with a…

OKX has been making some major moves lately — they added over 50 million XRP to their wallets between April 7 and May 10. While the monthly transparency report often comes and goes without fanfare, this change stands out: XRP wallet balances jumped from 199.2 million to 248.5 million, a 24% increase that puts the token at the top of the list this cycle. At the same time, user account balances for XRP went up by about 49 million, which makes it seem like the exchange is either getting ready for higher user demand or responding to it in real…

Cryptocurrency exchange Bitget has received regulatory approval to operate in Georgia. The license allows the company to offer digital asset exchange and custodial wallet services through the Tbilisi Free Zone (TFZ). The move gives Bitget a regulated presence in Eastern Europe. The company has been expanding in the region, targeting countries with established crypto frameworks. Gracy Chen, Source: LinkedIn Georgia has become a focus for blockchain and cryptocurrency firms. It offers tax benefits and legal clarity through its free zone policies. Authorities have also taken steps to align with international financial standards. The country ranks high in crypto mining activity…

Something unusual just happened in the Bitcoin ETF space — and not in the way one would expect. BlackRock, the giant that has been the main attraction for Bitcoin ETF flows for months, logged exactly zero dollars in net inflows for IBIT on June 5, as seen on SoSoValue chart. That is not a typo. No money in, no money out. And that silence is louder than it appears. Meanwhile, the rest of the market was not still at all. In fact, total net outflows across all U.S. Bitcoin spot ETFs hit a whopping $278.44 million, making it one of…

490.3 billion TRX moved, up 34% from April. Yearly volume surged nearly 10x from May 2024. Dominates stablecoin flows across multiple regions. The Tron blockchain has hit a new peak in transaction activity, with its native token TRX recording an all-time high monthly transfer volume of 490.3 billion tokens in May 2025. This translates to approximately $121.2 billion at the current market price of $0.247 per token, marking a 34% jump from April and a 990% surge compared to the same month last year. The explosive rise in volume highlights Tron’s increasing role in global payments, especially in stablecoin transactions.…