Author: NBTC
How do you save an ailing publicly traded company in 2025? One answer, and an increasingly popular one at that, is: pivot to crypto—or more specifically, become a crypto treasury company. The previously unknown online gambling marketer SharpLink Gaming did just that earlier this week, when it announced it had raised $425 million in investment to establish an Ethereum treasury. It was a notable departure from the more common route of building a Bitcoin treasury, with Ethereum being the second largest and most liquid crypto asset on the market next to Bitcoin. As part of the raise, Consensys CEO and…
A Nasdaq-listed online education platform has announced a crypto-buying strategy—but will snap up SOL, the sixth biggest digital coin, and not Bitcoin. Classover, which provides online children classes, said Tuesday that it had entered into an agreement with Solana Growth Ventures LLC to issue $500 million in senior secured convertible notes to purchase Solana. The company added that it had already bought 6,472 SOL for approximately $1.05 million as part of its plan to “acquire, hold, and stake Solana.” In a statement, the New York-based firm’s CEO Hui Luo said the company had a “strong commitment to becoming a leader…
The official Donald Trump meme coin project will not launch its planned Trump-branded crypto wallet, according to President Trump’s son, Eric Trump. The move comes following a dust-up with the president’s sons, who plan to launch a wallet through their own World Liberty Financial project, which is also backed by President Trump. “I am proud to announce the TRUMP meme coin has aligned with [World Liberty Financial],” Eric Trump wrote on X on Friday. “Although their meme wallet isn’t moving forward, they remain focused on building the most exciting meme on earth—TRUMP.” The post was retweeted by the official GetTrumpMemes…
LayerEdge, the decentralized verification protocol leveraging zero-knowledge (ZK) proofs, has announced a transformative roadmap that expands its vision from a Bitcoin-backed internet to a people-backed internet. This shift, detailed in a recent X article, unravels edgenOS, a revolutionary system designed to turn everyday devices into verification nodes, democratizing trust and security across multiple blockchains. With the EDGEN token now available for preview on CoinMarketCap, LayerEdge is poised to redefine decentralized infrastructure. From Bitcoin-Backed to People-Backed: A New Vision for Decentralized Verification LayerEdge initially gained attention for its innovative approach to aggregating ZK proofs and anchoring them to Bitcoin’s Proof-of-Work (PoW)…
Bitcoin (BTC) has surged past the $110,000 mark following a critical breakout above $108,900, positioning itself for a potential new all-time high of $130,000. Analyst Michaël van de Poppe predicted on June 10 that the current phase is likely a short consolidation period, a common pattern before increased upward momentum. The ideal buying range as BTC prepares for what could be another historic run, van de Poppe suggests, sits around $107,000 to $108,000. Bitcoin’s 14-day relative strength index (RSI) currently sits at 6771, which is bullish but not yet overheated. If the RSI retests 75 by the end of the…
The Ethereum blockchain has yet to see a significant increase in activity despite successive upgrades, investment bank JPMorgan (JPM) said in a research report. “Neither the number of daily transactions nor the number of active addresses saw a material increase post recent upgrades,” analysts led by Nikolaos Panigirtzoglou wrote in the Wednesday report. Still, total value locked (TVL) on Ethereum increased between the Dencun upgrade in March 2024 and Pectra earlier this month, the bank noted, possibly due to increased lending and borrowing on decentralized exchanges (DEXs), but the increase looks lower in dollar terms than in the blockchain’s ether…
A representative of the Trump Organization said the group “knows nothing” about a crypto wallet project called the “$TRUMP Wallet,” despite the app’s branding and claims being tied to the U.S. president. “The Trump Organization knows nothing about this project,” a spokesperson for the Trump Organization told CoinDesk. The app, according to its sparse but live website, promises users the ability to hold and trade digital assets. It includes no technical documentation or launch timeline but features a waitlist for early access. Magic Eden, the crypto marketplace reportedly involved in the project, had confirmed the project through a post by…
A researcher has discovered an impressive development on the IOTA mainnet with three tokens launched unannounced. IOTA has declined by 3% in the last 24 hours and 7% in the last seven days following the recent broad market liquidation. In a recent update, CNF reported the mainnet launch of the much-anticipated IOTA Rebased Protocol as part of the broader plans to drive the network towards a fully decentralised and delegated Proof-of-Stake ecosystem. According to that report, Rebased was launched with 13 highly trusted validators. Today, several updates have been observed, marking a significant shift towards a new era. Highlighting some…
HoDooi, a fast-growing multi-chain NFT platform backed by its $HOD token, today formed an official partnership with Ice Open Network, a high-performance blockchain that focuses on swift transactions and anonymity. Teaming up is a major move toward making culture, content, and commerce a key part of the new Web3 social scene. We are thrilled to announce our official partnership with @ice_blockchain Ice Open Network! ❄️🔥$ION x $HOD – A powerful alliance is here.We’re launching a brand-new https://t.co/OM63HTvfy8 account on Ice’s revolutionary new social platform, Online+ — designed for the next… pic.twitter.com/D7WRCZ99Cj — HoDooi.com (@hodooi) May 29, 2025 Launching on Online+…
Bitcoin (BTC) is trading with a bullish bias, driven by renewed optimism surrounding US–China trade negotiations and signs of détente between Donald Trump and Elon Musk, two of the world’s most powerful men. The momentum shift in geopolitical and social dynamics helped push global markets higher. While Chinese stocks in Hong Kong enter a bull market and the S&P 500 approaches its February highs, Bitcoin may be poised for a new all-time high (ATH). Trade Diplomacy Reignites Risk Appetite BeInCrypto data shows Bitcoin surged nearly 4% in the last 24 hours and was approaching the $110,000 threshold. As of this…