Author: NBTC
While the treasury strategy has been adopted for cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and XRP, Binance Coin (BNB) has recently joined this craze. Accordingly, Nano Labs, a Nasdaq-listed cryptocurrency mining chip design company, has included BNB as part of its treasury strategy. According to the official statement, Chinese company Nano Labs signed a $500 million convertible bond agreement for the purchase of BNB. The company plans to evaluate the security and value of BNB and purchase up to $1 billion worth of BNB, targeting 5-10% of its total circulating supply in the long term. CZ also congratulated Nano…
Document suggesting Saudi Aramco is launching “White Rock Oil Tokenization on the XRPL” falls apart under scrutiny. The XRP ecosystem has seen a strong wave of positive activity lately, with several major developments grabbing headlines. However, as excitement grows, so does the spread of misinformation. Notably, some individuals have taken advantage of the current momentum to push false reports. A Fake Name and a Misappropriated Signature One recent example is a fake document that has made the rounds online. It claims Saudi Aramco, Saudi Arabia’s state-owned oil giant, is working with White Network to tokenize oil using the XRP Ledger.…
Bitcoin miner and ASIC manufacturer Bitdeer Technologies (BTDR) has completed a $330 million private placement of convertible senior notes maturing July 1, 2031. The notes bear interest at 4.875% and feature a conversion price of $15.87 per share — about 44% above BTDR’s current $11 trading price. The bond’s conversion rate of 62.9921 Class A shares per $1,000 principal means full conversion could yield roughly 20.8 million new shares. To cover this, Bitdeer prepaid Barclays $129.6 million for a call option with a zero strike price on over 10.2 million shares, or 49% of the conversion total. The option allows…
Alchemy Pay, a crypto payment service provider, has partnered with Ripple to enable fiat on-ramp access for RLUSD, a stablecoin issued by Standard Custody & Trust Company, LLC, a digital asset custodian. The integration allows users to purchase RLUSD through Alchemy Pay’s network. RLUSD is a U.S. dollar-backed stablecoin with a 1:1 ratio and cash and equivalent reserves. It is designed for enterprise use cases, particularly in cross-border payments and digital finance. RLUSD combines the security of TradFi with the blockchain’s efficiency. The partnership is a part of Ripple’s strategy to expand its blockchain-based solutions. RLUSD is providing a trusted,…
Bitcoin on-chain activity is rising despite limited price movement, signaling growing network participation. Notably, Bitcoin’s price has seen limited movement in recent days, hovering between $103,000 and $106,000. As of today, the price stands at $104,802, reflecting a 0.69% decline in the past 24 hours and a 3.35% drop over the past week. Despite this stagnation, Bitcoin’s on-chain activity has experienced notable growth. Analysts at Santiment, a market intelligence platform, have pointed out a surge in Bitcoin’s on-chain activity, which typically reflects increased user engagement and expanding network participation. Surge in Bitcoin Network Growth Specifically, on May 29, 2025, Bitcoin…
Meta Pool, a top liquid staking protocol, is now officially listed in the Discovery section of Binance Wallet. Key takeaways Meta Pool is now listed in Binance Wallet’s Discovery section, expanding its global visibility. Users can directly access and use stIP, mpETH, and mpSOL liquid staking tokens through Binance Wallet. This integration boosts Meta Pool’s mission to make staking and restaking more accessible and liquid across blockchains. This strategic inclusion significantly increases visibility and accessibility of Meta Pool’s staking products to a broader global audience of retail and institutional users. As a result of the listing, users of Binance Wallet…
Bit Digital (BTBT) is changing course to become a dedicated ether staking and treasury operation, the company said Wednesday. The New York-based firm will exit the bitcoin mining business entirely, repurposing its assets and capital into its growing ETH strategy. The company began building its ether position and Ethereum staking infrastructure in 2022. As of March 31, Bit Digital held 24,434.2 ETH, valued at $44.6 million, and 417.6 BTC worth $34.5 million. It plans to convert the remaining bitcoin into ether over time. To fund the transition, Bit Digital has started a process to sell or wind down its bitcoin…
The Router Protocol has recently announced a partnership with Bitgert, the zero-gas-fee blockchain ecosystem, as a part of its strategy to enable real-time, artificial intelligence (AI)-based data routing over a high-performance network. We’re excited to collaborate with @bitgertbrise — a fast-growing blockchain ecosystem that redefines scale with zero gas fees. Paired with AI Router’s real-time adaptive routing, this partnership unlocks seamless, intelligent data flow across a high-performance network. Together,… pic.twitter.com/yeH5CeMhOF — Router Protocol (@Routerprtocl) June 19, 2025 The partnership unites the adaptive routing technology of Router with the fee-free, ultra-fast Bitgert infrastructure, with the aim of changing the way applications…
BlackRock’s Bitcoin Dominance Sparks Debate: With over 660K BTC under custody, BlackRock now controls half of all ETF-held Bitcoin assets. Decentralization at Risk: Critics warn ETF Bitcoin strips user control and could let institutions dictate Bitcoin’s future through centralized power. BlackRock now holds over $70 billion worth of Bitcoin through its ETF products, sparking a heated debate within the crypto community. While major headlines call it bullish for Bitcoin, critics are calling it something else entirely — a silent Wall Street takeover. A viral thread by crypto user Leshka.eth on X breaks down how BlackRock’s rising influence may strip Bitcoin…
Ethereum (ETH) price has been trading in a tight range around $2,500, leaving traders and investors wondering: is the next move up or down? By analyzing the daily chart, key resistance levels, and RSI signals, we can uncover likely ETH price targets and potential breakout triggers. Ethereum Price Prediction: Current Trend and Key Levels ETH/USD Daily Chart- TradingView As of June 20, 2025, Ethereum price is trading at $2,537.80, slightly up by 0.71% on the day. It has been consolidating for several weeks after its sharp rally in early May. Key support: $2,420 Immediate resistance: $2,554 (near today’s high) Major…