Author: NBTC
Based on current data, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) collectively manage over 1.2 million BTC. Yet, two in particular—Blackrock’s IBIT and Fidelity’s FBTC—command a striking majority, accounting for more than 71% of that aggregate. Wall Street’s Bitcoin Giants: IBIT, FBTC, MSTR Tighten Grip on Bitcoin’s Scarce Supply Blackrock’s IBIT debuted on Wall Street on Jan. 11, 2024—exactly 1 year, 4 months, and 26 days ago. As of data collected on June 5, 2025, the firm’s Ishares Bitcoin Trust ETF controls roughly 662,707.41 BTC, translating to $69.2 billion in value. This single ETF alone accounts for 55.23% of…
Ethereum (ETH) has recently surged, reaching a three-month high. This price movement brings the $3,000 mark within reach, but challenges lie ahead. The long-term holders (LTHs) continue to book profits, which could prevent ETH from reaching the $3,000 threshold in the near future. Ethereum Investors Prepare For Surge New addresses have reached a four-month high, signaling that Ethereum is gaining traction among investors. The increase in new addresses is a positive sign for the altcoin’s adoption, indicating that more investors are showing interest in Ethereum. However, many of these new addresses could be driven by FOMO (Fear of Missing Out),…
Antalpha, the fintech platform that serves the Bitcoin mining ecosystem, announced that it plans to invest $40 million into Tether Gold as a hedge against economic volatility. According to its recent press release, Antalpha aims to diversify its holdings in the face of macroeconomic volatility by investing in Tether (USDT)’s digital gold token, XAUt (XAUT). The platform chose the token because of its gold-backed value that is believed to be suitable for institutional asset allocation, particularly its ability to withstand crypto market cycles and support different financial applications. Therefore, the company plans to allocate as much as $40 million from…
NEW YORK, June 11 (Reuters) – Two men pleaded not guilty on Wednesday to charges they kidnapped a man for three weeks in Manahttan’s upscale SoHo neighborhood, shocked him with electric wires and dangled him over a staircase to try to get him to give up his bitcoin password. John Woeltz, 37, and William Duplessie, 33, have been detained since their arrests last month on kidnapping and other charges. Both defendants face up to life in prison if convicted. Prosecutors with the Manhattan District Attorney’s office said Duplessie and Woeltz on May 6 took a man’s electronics and password and…
Shiv Srivastava, CEO of Boundless, is on a mission to make cryptographic breakthroughs usable in everyday life. As the head of a decentralized marketplace for trustless zero-knowledge (ZK) compute—powered by RISC Zero—Shiv is leading the charge to enable scalable interoperability and verifiable infrastructure across all blockchains.—With leadership experience at Microsoft, Lyft, Coinbase, and Avalanche, Shiv bridges deep Web2 expertise with a Web3-first vision: build systems that empower everyone, not just the few. In this conversation, he shares insights on Ethereum’s evolving strategy, the role of ZK in scaling, and how Boundless fits into a more usable, scalable crypto future.—Q: Thoughts…
The Bitcoin price has continued to trade sideways since hitting a new all-time high (ATH) of $111,900 earlier in May. Amid the current price action, crypto analyst Decode has provided insights into whether the leading crypto will rally to $120,000 or drop below $100,000 next. Analyst Reveals What’s Next For The Bitcoin Price In an X post, Decode shared an accompanying chart in which he made an ABC wave analysis of the current Bitcoin price action. Based on his analysis, the leading crypto is expected to drop below $100,000 before it rallies to a new ATH of $120,000. The chart…
After weeks of choppy price action, Ethereum is back in focus as volatility brews across the crypto market. While ETH has maintained key levels recently, the growing divergence between price movement and futures open interest is raising eyebrows. With macro uncertainty easing and altcoin narratives slowly rotating back into the spotlight, ETH is setting up for a potential directional move—but it remains to be seen whether that’s to the upside or downside. Technical Analysis By ShayanMarkets The Daily Chart Ethereum continues to consolidate just below the $2,800 resistance zone after reclaiming the 200-day moving average yesterday. The price has been…
Russia allows crypto-tied financial products, but investors won’t receive actual Bitcoin or Ethereum. Only experienced, qualified investors can trade these products under strict conditions and capital requirements. Despite all the sanctions Russia reportedly holds over 50,000 Bitcoins, partly seized and partly acquired through purchases. Russia’s central bank is slowly opening up to crypto-related products, but only in a very controlled way. The move comes at a time when several countries, including the U.S., European Union, Japan, and the UK, have placed strict sanctions on Russia, many of them targeting digital assets and crypto usage. So, what exactly does this mean…
XRP advocate Jake Claver, Managing Director of Digital Ascension Group, recently weighed in on how XRP’s price could react to the launch of spot ETFs. In a recent disclosure, Claver expressed his anticipation that XRP spot ETFs could launch this year. Notably, the SEC has postponed decisions on filings from firms like Grayscale, Franklin, and WisdomTree as predicted. However, the broader expectation is that these products will launch in the last quarter of 2025, specifically around October, when the SEC reaches a final decision deadline. With the products going live, Claver noted he expects price appreciation for XRP. He drew…
Financial giant Goldman Sachs is reportedly taking legal action against an unaffiliated bankruptcy specialist who has been running a side company called “Goldman Sachs Capital LLC.” The Wall Street Journal reports that Arian Eghbali, 40, registered Goldman Sachs Capital with the California Secretary of State’s office in 2022, listing himself as the firm’s chief executive in 2024. Nick Carcaterra, a spokesperson at the actual Goldman Sachs, tells the WSJ that Eghbali hasn’t worked for the financial giant, which is taking action regarding the use of its name. Eghbali reportedly represents trade creditors through his firm Olympus Guardians and is involved…