Author: NBTC
NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation (DFM) business. The transaction is subject to regulatory approvals, customary consents, and final closing. When completed, approximately 135 Crusoe employees will join NYDIG and continue operating the business under its ownership. No job eliminations are expected as a result of the acquisition. The financial terms of the deal have not been disclosed. “Our partnership with Crusoe was founded on a shared cultural alignment and mutual commitment to driving advancements at the intersection of power and compute,” NYDIG CEO Tejas Shah stated. “Crusoe has built an…
Mike Novogratz, founder of Galaxy Digital, shared his views on institutional adoption and the future of Bitcoin. The price of Bitcoin has remained relatively stable over the past week as investors await the next major catalyst in the crypto market. After two consecutive weekends of high volatility, the market has slowed down and investors are reevaluating their positions following last week’s liquidation event, according to Wintermute OTC trader Jake O. At the Ondo Summit last week, Galaxy Digital CEO Mike Novogratz shared his thoughts on the broader crypto landscape. He predicted an increase in public listings for crypto-related companies: “We’ve…
The Shiba Inu team has revealed an ambitious vision for the ecosystem with Shib Finance, a next-generation decentralized finance (DeFi) platform. In an update today, Shiba Inu marketing specialist Lucie confirmed the upcoming launch of Shib Finance. The announcement, initially made by “Shibarium Updates,” stated that the DeFi platform promises to reshape the way users engage with financial services. Specifically, Shib Finance looks to introduce lending, borrowing, and savings, moving beyond simple token swapping. This move represents a significant step toward expanding Shiba Inu’s utility. According to the announcement, Shib Finance will not rely solely on traditional collateral-based lending models.…
CARV, a leading Web3 platform for data sovereignty, has announced another significant development. As per CARV, Mercado Bitcoin, the biggest Latin American crypto exchange, is listing CARV’s native token $CARV. This listing is a crucial step in CARV’s global expansion plan coming after a recent listing that occurred last Thursday. Mercado Bitcoin and Tokocrypto List $CARV, Expediting Worldwide Expansion Plan $CARV deems the listing on Mercado Bitcoin as a key trading debut that took place today in Brazil. Before this, the Indonesian premier crypto exchange Tokocrypto launched $CARV last Thursday. Targeting the respective key crypto markets lets CARV enter the…
A leading figure in the crypto space has outlined how the tokenization strategy from Ripple could push XRP to a new all-time high. In a detailed post on X, Austin King, co-founder of Omni Network, discussed how the XRP Ledger (XRPL) can capitalize on real-world asset (RWA) tokenization to drive long-term growth. Recall that Ripple CTO David Schwartz suggested in 2023 that the firm was pivoting to RWA tokenization, highlighting their desire to expand into the industry. Notably, Ripple acquired custody and tokenization firm Metaco in May 2023 to pursue this vision. Interestingly, King’s recent disclosure suggests that combining Ripple’s…
Like always, Binance Charity has stepped in to support Argentina’s flood-stricken Bahia Blanca region. Binance has announced a donation of up to $100 USD in $BNB token vouchers for every registered Binance user in the area. With this, Binance aims to provide relief to those impacted by the devastating floods that have ravaged the region. Binance emphasized its commitment to standing with the Argentinian community during this crisis, with funds set to start reaching users on March 28, 2025. In response to the devastating rains and floods impacting Bahia Blanca Region of Argentina, #Binance Charity is donating up to $100…
Coin Metrics’ latest State of the Network report reveals bitcoin miners are balancing stabilized revenues and persistent fee pressures post-halving through hardware upgrades and renewable energy adoption, amid geopolitical supply chain risks. China Tariffs, Texas Renewables, and AI: Inside Bitcoin Mining’s 2025 Transformation Coin Metrics’ Q1 2025 State of the Network report highlights stabilized bitcoin mining revenues following the 2024 halving, though persistently low transaction fees—under 2% of total income—continue challenging long-term incentives. According to the report, total miner revenue hit $3.7 billion in Q4 2024, a 42% quarterly increase driven by improved operational efficiency and bitcoin price recovery. Coin…
It goes without saying that the integration of AI into decentralized finance (DeFi) is bound to significantly transform the financial landscape. While not directly related to the crypto industry, a recent graph shows just how much AI has grown in recent times. In fact, AI has become the fastest-adopted technology in human history, even outpacing the adoption rates of computers and the internet. What’s more, as AI models get better, the technology will continue to improve at a breathtaking speed. How Will AI Enhance the World of Decentralized Finance? So, how will combining AI’s analytical prowess with DeFi’s decentralized structure…
The share price of companies focused on the cryptocurrency industry shot up Monday amid a surge in digital assets and other risk-on investments. Strategy—formerly known as MicroStrategy—closed up by more than 10%, trading at $335.72 a share, Nasdaq data shows. The software company, which trades under ‘MSTR’ ticker, is the largest corporate holder of Bitcoin. On Monday, it announced that it had surpassed more than 500,000 bitcoin in its holdings after its latest purchase. Tysons, Virginia-based MSTR said it now holds 506,137 Bitcoin valued at $44.2 billion, according to a press release. The company has been selling stock to fund…
The official marketing lead of the SHIB team known to the meme coin’s community under the pseudonym Lucie has published two consecutive tweets to deliver two important “crypto truths” to the SHIB army. Basically, she has issued a major warning by speaking one of them as she addressed young cryptocurrency projects that have just entered the market. This took place as SHIB has been surpassed by Litecoin and Toncoin in terms of market capitalization value. Now, the second biggest meme cryptocurrency occupies the 17th position on CoinMarketCap with a capitalization of $9.4 billion. “Unspoken crypto truth” Lucie started with a…