Author: NBTC

The Bitcoin mining industry’s competition intensifies after a recent halving, with leading firms like Marathon Digital showcasing strong output and holdings. Meanwhile, other players face significant challenges, reflecting a dynamic and evolving market landscape. Competition Becomes Fiercer The Bitcoin mining industry is entering a fiercely competitive phase following the 2024 halving, because operating costs continue to rise. This has forced many smaller miners to exit the market, leaving the playing field to large publicly listed mining firms. As a result, the concentration of mining in large companies also causes the market to face the problem of centralization. According to CompaniesMarketCap,…

The world of decentralized finance (DeFi) is constantly evolving, and a recent development within the Uniswap ecosystem highlights this dynamic shift. The Uniswap governance community is currently engaged in a crucial vote that could reshape its operational future. This isn’t just another proposal; it’s a strategic move to establish a new legal entity in the U.S. state of Wyoming, signaling a significant step towards formalizing certain off-chain functions for the leading decentralized exchange. Why is Uniswap Governance Eyeing Wyoming? At the heart of this discussion is the proposed entity, tentatively named DUNI. This new structure is designed to handle the…

Cryptocurrency whales, or big investors, are buying hundreds of millions of Ether, as analysts point to an organic rotation of investor mindshare toward altcoins with more upside potential. Nine “massive” whale addresses bought a cumulative $456 million worth of Ether (ETH) from Bitgo and Galaxy Digital, blockchain data platform Arkham said in a Tuesday X post. The growing whale demand for the world’s second-largest cryptocurrency signals the market’s “natural rotation” into Ether and other altcoins with more upside potential, according to Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen. “A lot of this looks like natural rotation, investors locking…

China Renaissance, once hailed as China’s “M&A King,” is reshaping its future around digital assets. The boutique investment bank approved a $200 million allocation to Web3 in 2025. That includes $100 million invested in BNB Chain’s native token, BNB, through a strategic deal with YZi Labs, formerly Binance Labs. From M&A Legacy to Digital Assets The decision marks a turning point for the firm, which built its reputation brokering China’s landmark internet mergers. From the tie-up of ride-hailing giants Didi and Kuaidi to the merger of Meituan and Dianping, the firm thrived in an era of hyper-growth. Yet as China’s…

The cryptocurrency world is buzzing with an exciting development from Cango, a company originally known for its auto trading services. In a truly remarkable turn of events, Cango announced an astounding performance in the second quarter, primarily driven by its robust Cango BTC mining operations. The company successfully mined a significant 1,404 Bitcoin (BTC) during this period. This achievement isn’t just a number; it represents a profound strategic shift. What’s even more striking is that these mining activities accounted for a staggering 98% of Cango’s total revenue, which reached an impressive $140 million for the quarter. This highlights a powerful…

Decentralized finance (DeFi) total value locked (TVL) has surged 41% so far in the third quarter of 2025, surpassing $160 billion for the first time since May 2022. DeFi TVL Ethereum and Solana, seen as key indicators of DeFi activity, led the growth. Ethereum’s TVL jumped 50% from $54 billion in July to $96.5 billion today, while Solana’s rose about 30%, from $10 billion to $13 billion over the same period, per DeFiLlama. The broader DeFi ecosystem’s growth reflects increased activity in lending, borrowing, and decentralized exchange (DEX) trading. Moreover, there has been renewed investor interest following regulatory clarity from…

Ethereum is trading near $4,600, stabilizing after a volatile August that saw repeated rejections near $4,800. The market has been buoyed by large-scale whale accumulation and fresh on-chain inflows, but technical resistance continues to cap rallies. Spot data shows over $427 million in ETH purchased by Bitmine, marking one of the largest single-day whale acquisitions in months. Combined with positive net flows on August 27, sentiment has improved even as broader crypto markets remain cautious heading into September. The question now is whether Ethereum price action can build enough momentum to retest $4,800 and break into the higher range near…

Russia’s finance ministry is suggesting easing the requirements for entering the country’s restricted and strictly controlled cryptocurrency market. The proposal to lower the thresholds for granting access to digital assets comes as the country fell to number 10 among crypto adopters. Minfin urges letting more Russians try crypto The Russian Ministry of Finance (Minfin) believes it is possible to relax requirements for obtaining the status of “highly qualified” investor, which is necessary to participate in the state-authorized market for crypto assets. In March of this year, the Central Bank of Russia (CBR) proposed to allow this category to buy and…

Kraken acquired Breakout, a prop crypto trading firm. It plans to allow a funded trading plan, where users can apply to invest in crypto using $200,000 in credit. The exchange would retain around 20% of the ensuing gains. Still, Kraken’s community has been a little skeptical, claiming that this acquisition doesn’t have a lot of synergy with its other offerings. Instead, this deal may be a way to lay the groundwork for a future IPO. Kraken’s Breakout Deal Kraken has been looking at a few new expansions recently, as the popular CEX has shown an interest in tokenizing US stocks…

Mantle 2.0, which aims to become the institutional “liquidity chain” for tokenized real-world assets, is championing a new business model that may accelerate the mutually beneficial convergence between the industry’s centralized and decentralized participants. Mantle Network was initially launched as an Ethereum layer-2 (L2) scaling solution in 2021 under BitDAO, as the first L2 network launched by a decentralized autonomous organization (DAO). In July 2023, BitDAO and Mantle Network consolidated into the Mantle brand and the Mantle (MNT) token. The project is now entering a “new phase in its lifecycle,” dubbed Mantle 2.0. It is marked by Bybit executives being…