Author: NBTC

ETH treasuries may be the most impactful reserves, as corporate buying holds nearly 5% of the total supply. ETH may not only provide passive income, but also governance rights to DAT companies. Digital asset treasuries (DAT) that accumulate ETH may be the most impactful entities. Toward the end of 2025, DAT companies hold nearly 5% of the ETH supply, a much higher share compared to other types of treasuries. ETH treasuries are growing more slowly, but may become highly influential as the tokens are used for liquid staking. | Source: Strategic ETH reserve The treasuries control 4.7% of the supply,…

Digital Asset Treasury (DAT) stocks are facing a severe test, with some plunging more than 50% from their 2025 peaks and now trading near the value of their underlying crypto holdings. The dramatic sell-off poses a critical question for investors: is this a justified collapse or a severe overreaction creating a potential opportunity? Data reveal a stark picture. While Bitcoin is down roughly 20% from its 2025 all-time high, per CoinGecko data, DAT stocks have fallen more swiftly. Strategy’s stock is down 50% from its July peak, while Metaplanet and SharpLink have plummeted nearly 80% and 90%, respectively. As a…

President Donald Trump said for the first time this week that he is open to nominating Democrat commissioners to vacancies at the SEC and CFTC, handing a potential lifeline to the crypto market structure bill languishing in the Senate. “There are certain areas we do look at, and certain areas that we do share power, and I’m open to that,” Trump said Monday in the Oval Office, in response to a question from Decrypt about his willingness to appoint Democrats to federal agencies including the SEC and CFTC. Five-member commissions like the SEC and CFTC are, by law, required to…

One of the class-action lawsuits filed against the cryptocurrency-friendly Silvergate Bank in California is calling for claimants with ties to FTX or Alameda Research accounts. A group of investors asked Silvergate users who deposited fiat “into an FTX- or Alameda-related account” from 2019 to 2022 to submit claims for a settlement filed in the US District Court for the Southern District of California. According to the lawsuit, investors have until Jan. 30 to opt out or file a claim as part of a $10 million settlement that “resolves a lawsuit over whether Silvergate Bank, Silvergate Capital Corporation, and Alan J.…

WhiteFiber (WYFI), a Nasdaq-listed data center and colocation provider focused on AI and high-performance computing, said its Enovum Data Centers subsidiary has signed a long-term colocation agreement with Nscale Global Holdings, an AI infrastructure and cloud services provider, in a press release Thursday. The shares rose 13% in after hours trading to $16.19 following news of the deal. The agreement covers 40 megawatts (MW) of critical IT load at WhiteFiber’s NC-1 data center campus in Madison, North Carolina, with deployment planned in two 20-MW phases, the company said. The deal represents approximately $865 million in contracted revenue over an initial…

Lido DAO, the decentralized organization behind the largest liquid staking protocol in DeFi, is signaling plans to push beyond its core ETH staking business next year. The plan, titled “2026 Ecosystem Grant gRequest (EGG): Executing GOOSE-3,” lays out a $60 million budget for new products as Lido seeks to move beyond just a single-product, staking-focused model. According to the proposal, Lido wants to develop new earn products and vault structures designed for different users, including on-chain treasuries and even regulated entities. “The proposed focus for the Foundations in 2026 shifts towards evolving Lido’s position from a single-product protocol focused on…

Ethereum price is forming a textbook ABCD corrective pattern after rejecting key resistance, with downside risk building toward the $2,500 high-time-frame support zone. Summary ETH rejects the Value Area High and 0.618 Fibonacci resistance. Price rotates toward POC and Value Area Low within an ABCD pattern. $2,500 is key high-time-frame support for a potential macro bottom. Ethereum (ETH) price continues to trade within a corrective structure, with price action developing a well-defined ABCD correction pattern. After rejecting primary resistance levels, ETH is now rotating lower toward key volume-based support. This behavior suggests that the market remains in a broader correction…

Ripple commits $4 billion to institutional rails, centering its stablecoin as a compliant liquidity bridge from banking to blockchain. The program spans prime brokerage, custody, and treasury to connect finance and digital assets. How will the Ripple stablecoin connect Wall Street and crypto? What is inside Ripple’s $4B institutional build-out? Why timing matter for institutional adoption Could Ripple stablecoin challenge incumbents like Circle and PayPal How will the Ripple stablecoin connect Wall Street and crypto? The plan positions Ripple as a regulated gateway for Wall Street firms seeking crypto market access. Moreover, a stable, liquid settlement asset is core to…

The Bank of Canada has signaled it will only approve high-quality stablecoins tied to central bank currencies to ensure stablecoins serve as “good money” under the country’s upcoming stablecoin regulations, expected in 2026. “We want stablecoins to be good money, like bank notes or money on deposit at banks,” Governor Tiff Macklem told the Montreal Chamber of Commerce on Tuesday. Stablecoins should be pegged 1:1 to fiat: Macklem Macklem wants the stablecoins to be pegged at a one-to-one ratio to a central bank currency and backed by “high-quality liquid assets” that can be easily converted into cash. Such assets typically…

Have you ever faced sudden liquidation in crypto trading? The dYdX Foundation is addressing this painful experience head-on. They’re considering a significant dYdX compensation initiative that could distribute $100,000 in DYDX tokens to affected traders. This move represents a groundbreaking approach in decentralized finance where platforms actively support their users during market volatility. What Is the dYdX Compensation Program About? The foundation announced on X that they’re evaluating a proposal to help traders who suffered the most during early December’s market movements. Specifically, they plan to compensate the 100 traders with the largest liquidation losses from December 1-14. This dYdX…