Author: NBTC

Bitcoin’s price is currently digging for gold, having fallen from highs above $120,000 to around $96,000, and it has triggered a sharp downturn in the mining sector, with revenues plunging to April levels after a sudden $7,000 drop in BTC’s value. According to a popular Chinese BTC miner on X, the previous generation of Bitcoin mining machines, the S19 and M60 series, have reached shutdown price, and if those running them do not shut them down, the electricity bill next month will start losing money. Outdated miners are packing up The announcement comes as miners are ditching the older generation…

London, UK — Uranium.io, the tokenization platform bringing the uranium market onchain, has been awarded Best New Product in the Innovation in Crypto & Web3 category at the Benzinga Global Fintech Awards.—The win, announced at the New York ceremony on November 10, highlights the growing intersection of real-world assets (RWAs) and decentralized finance.Tokenizing the World’s Most Strategic CommodityUranium.io’s award-winning product, xU3O8, represents physical ownership of uranium oxide (U3O8) — the stable, unenriched form of uranium used in nuclear fuel production. Each xU3O8 token is backed by verified reserves of uranium stored in a regulated facility operated by Cameco, one of…

Ethereum price appears to be losing momentum as trading activity slows and investor confidence softens. Summary Ethereum price is trades near support, down 30% from its all-time high. DEX volumes and TVL continue to fall across the Ethereum network. Spot ETH ETFs saw $107M in outflows, showing weaker investor demand. At press time, Ethereum was trading at $3,448, down about 3% in the past 24 hours. Over the last week, the price has moved between $3,216 and $3,633, losing 16% over the past month and now 30% below its August all-time high of $4,946. Trading activity has slowed. Ethereum’s (ETH)…

Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global. Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability, and controls as CBDCs. He told Cointelegraph: “Central business digital currency is really not necessarily that different. So, if JP Morgan issued a dollar stablecoin and controlled it through the Patriot Act, or whatever else comes out in the future, they can freeze your money…

The US Financial Accounting Standards Board (FASB) is preparing to review how companies report cryptocurrency transfers. Bloomberg reports the board will discuss next week whether to add “accounting for crypto asset transfers” to its technical agenda. The discussion focuses on whether FASB should expand its 2023 crypto accounting rules or set clearer standards for when assets move between wallets, custodians, or service providers. Right now, companies often handle these transfers differently, making reporting inconsistent. Push to Fix Derecognition Confusion A key issue is deciding when a crypto asset should be removed from a company’s books. Currently, ambiguity exists when an…

AlphaTON Capital Corp. (Nasdaq: ATON) has announced a strategic partnership with SingularityNET, CUDO Compute, and Vertical Data to accelerate the development and deployment of Telegram’s Cocoon AI network. The collaboration introduces a new fleet of high-performance GPUs powered by hydroelectric energy in Sweden, marking a significant milestone in combining decentralized artificial intelligence, privacy protection, and environmental sustainability. Sustainable infrastructure for ethical AI Copy link to section The partnership aims to address one of AI’s most pressing challenges, the need for decentralized, privacy-preserving computing power that does not compromise environmental responsibility. Cocoon AI, Telegram’s privacy-focused AI initiative, enables users to maintain…

Ethereum’s Fusaka Upgrade launches December 3, marking the network’s biggest scalability boost since 2022. PeerDAS introduces faster Layer-2 transaction processing by sampling data instead of full block downloads. Ethereum’s successful testnets and $2M bug bounty highlight strong confidence ahead of the mainnet rollout. Ethereum is gearing up for one of its most important moments in years. On December 3rd, the network will roll out its Fusaka Upgrade, a major leap designed to fix the blockchain’s most persistent challenge — scalability. Many in the crypto community believe this could redefine how Ethereum handles transactions, Layer-2 networks, and overall performance. What Is…

Is crypto winter coming? It’s already more than set in for bitcoin treasury companies (BTCTC). Aiming to replicate the once-in-a-generation success of Michael Saylor’s MicroStrategy (MSTR) and perhaps taking advantage of a U.S. regulatory regime that is willing to look the other way at questionable public offerings, a wave of crypto asset treasury companies have gone public in 2025. The result has been massive investor losses nearly across the board. And while the plunge in the price of bitcoin BTC$106,825.12 over the past 11 days (yes, it was only Monday, Oct. 3 when BTC peaked above $126,000) can be blamed…

The European Commission is pushing for extended oversight powers for the European Securities and Markets Authority (ESMA). Draft plans have shown a proposal to make ESMA a direct supervisor for all crypto service providers in the EU. EU officials have drafted plans to tighten crypto oversight, with more power in the hands of ESMA. Currently, crypto firms in the EU rely on registration within a single jurisdiction, choosing countries with lenient crypto rules. Under the active Markets in Cryptoassets (MiCA) rules, exchanges or other service providers can be registered in one country and provide services across the entire European Union.…

Imagine a world where blockchain security isn’t just about reputation but about tangible economic stakes. That’s exactly what EigenCloud has achieved with their groundbreaking EigenZero cross-chain security module, developed in partnership with LayerZero. This innovative approach is set to revolutionize how we think about cross-chain security in the cryptocurrency space. What Makes EigenZero Cross-Chain Security So Revolutionary? EigenCloud, a leading Ethereum restaking infrastructure provider, has taken cross-chain security to the next level. Their collaboration with interchain protocol LayerZero has produced EigenZero – the first cryptoeconomic Distributed Validator Network built on EigenCloud’s slashing infrastructure. This represents a massive leap forward in…