Author: NBTC
Solana’s SOL SOL$172.57 got a double dose of institutional adoption this week as two publicly traded firms revealed major initiatives centered on the blockchain’s ecosystem — one targeting liquid staking, the other aiming to raise up to $1 billion for direct investment.Canada-listed Sol Strategies filed a preliminary base shelf prospectus on Tuesday to offer up to $1 billion in securities, including equity and debt, to deepen its exposure to Solana. There is no immediate plan to raise capital, but the filing provides the firm with flexibility to act quickly on future opportunities. The move comes just weeks after Sol Strategies…
Know Labs (NYSE: KNW), a little-known healthcare stock, has skyrocketed over 200% following an interesting acquisition of its parent company, mainly funded through Bitcoin (BTC). The medical device company closed Friday’s session up 205% at $1.56 and is now up 213% over the past week. That momentum hasn’t slowed, with shares soaring another 100% in Monday’s pre-market trading to $3.13. The rally is fueling the announcement that Goldeneye 1995 LLC, an investment vehicle tied to Greg Kidd, former chief risk officer at Ripple, is acquiring a controlling stake in Know Labs using 1,000 Bitcoin and additional cash. At current prices,…
NeoSPCC has released v0.110.0 of the NeoGo node and SDK, introducing new features such as the NeoFS state fetcher service and implementing several bug fixes. State divergence fix A divergence in the blockchain state was identified at block height 6,701,925 on TestNet, affecting node synchronization. The bug stemmed from cache persistence and state sync errors. To resolve this, v0.110.0 introduces several fixes, including MPT initialization safeguards, improved intermediate state persistence, and corrected block-height initialization logic. TestNet node operators must either resync their database or reset to block 6,701,924 before restarting with v0.110.0 to avoid inconsistent behavior. MainNet nodes are not…
The legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs has dragged on for nearly five years. It is one of the most closely monitored cases as the court decides whether selling XRP broke US securities laws. When people thought the case was finally over after Ripple and the SEC agreed to a joint settlement, District Judge Analisa Torres rejected the request because it wasn’t filed correctly under court rules. This minor setback looks like a procedural delay to some people, but others think it proves the legal system isn’t ready to handle cryptocurrency-related cases and…
IG Group is the first publicly listed company in the UK to let people buy, sell, and hold cryptocurrencies directly on its trading platform. The company’s decision allows the everyday investor to easily trade digital assets on a more transparent and regulated platform than many crypto exchanges. However, critics say the venture could expose people to more risks than wins because digital assets have unstable prices and don’t include investor protections. This begs the question of whether IG Group’s launch will make UK finance available to more people and encourage the safe use of the assets or whether it will…
The U.S. digital asset stockpile debate often leans toward prioritizing domestically developed cryptocurrencies, but Jerry Fragiskatos, former Cardano executive, cautions against this limited perspective. COO Warns Against Geographically Narrow Focus The discussion surrounding the United States’ digital asset stockpile often gravitates toward a natural instinct: favoring cryptocurrencies developed within its own borders. However, as Jerry Fragiskatos, former chief commercial officer (COO) for Cardano and now at Apex Fusion, recently articulated, such a geographically narrow focus risks overlooking superior technology and the fundamentally global nature of blockchain. Fragiskatos believes this is particularly pertinent as the Trump administration actively shapes its approach…
What started as a simple daily habit has officially grown into a million-dollar Bitcoin portfolio, after several years of quiet, consistent accumulation. According to data recently shared on social media platform X (formerly Twitter), an anonymous investor who purchased $30 worth of Bitcoin (BTC) every single day for the past 7 years, 10 months, and 12 days has recently joined the BTC millionaires’ club. pic.twitter.com/MfKQGuceYx This user been buying bitcoin $30 a day DCA and after 7 years, 10 months and 12 days, made it to $1M portfolio.Total spent $86,370 which now worth $1M — lynk (@lynk0x) June 11, 2025…
Ethena’s recent spike in collateralized supply raises significant questions about Aave’s borrowing demand and the potential impact on AAVE’s future performance. Ethena PT’s appeal is drawing DeFi capital due to its remarkable yields, directly challenging Aave’s traditional lending model. Signs of weakness in AAVE prices indicate a fading bullish momentum amidst rising competition. Ethena [ENA] Principal Tokens (PT), part of Ethena Labs’ innovative yield-bearing stablecoin system, have surpassed $1 billion in collateralized supply in just one month. This impressive growth aligns with their recent approval as collateral on Aave, effectively enhancing Ethena’s utility within the DeFi lending landscape. For those…
Solsniper has announced the closure of its NFT marketplace effective immediately. The company cited its inability to sustainably operate the platform over the past year. The company will automatically delist all NFTs from Sniper Marketplace, remove existing bids, and refund bid and order balances to user wallets by June 13, 2025, 12PM PST. Users require no action, as the process will be handled automatically. However, support tickets can be submitted through Discord for any issues that may arise. The platform began as an analytics tool for NFT traders and expanded over 3.5 years to include a mobile application, NFT aggregator,…
On-chain data provider Glassnode has released a report on the second most popular cryptocurrency Ethereum and its bullish prospects after ETH’s recent breakout after moving within a range for a month. Ethereum breaks out, soaring 13.5% This week, Ethereum has demonstrated an impressive growth of more than 13.5%, soaring from $2,481 to the $2,818 level. Over the past 24 hours, however, ETH has rebounded by 2.16% and at press-time is changing hands at $2,765 per coin. #Ethereum just broke out of a month-long range. Cost Basis Distribution shows 1.3M $ETH held around $2.70K and $2.74K, and 800K #ETH at $2.76K.…