Author: NBTC

Bitcoin miner and ASIC manufacturer Bitdeer Technologies (BTDR) has completed a $330 million private placement of convertible senior notes maturing July 1, 2031. The notes bear interest at 4.875% and feature a conversion price of $15.87 per share — about 44% above BTDR’s current $11 trading price. The bond’s conversion rate of 62.9921 Class A shares per $1,000 principal means full conversion could yield roughly 20.8 million new shares. To cover this, Bitdeer prepaid Barclays $129.6 million for a call option with a zero strike price on over 10.2 million shares, or 49% of the conversion total. The option allows…

Alchemy Pay, a crypto payment service provider, has partnered with Ripple to enable fiat on-ramp access for RLUSD, a stablecoin issued by Standard Custody & Trust Company, LLC, a digital asset custodian. The integration allows users to purchase RLUSD through Alchemy Pay’s network. RLUSD is a U.S. dollar-backed stablecoin with a 1:1 ratio and cash and equivalent reserves. It is designed for enterprise use cases, particularly in cross-border payments and digital finance. RLUSD combines the security of TradFi with the blockchain’s efficiency. The partnership is a part of Ripple’s strategy to expand its blockchain-based solutions. RLUSD is providing a trusted,…

Bitcoin on-chain activity is rising despite limited price movement, signaling growing network participation. Notably, Bitcoin’s price has seen limited movement in recent days, hovering between $103,000 and $106,000. As of today, the price stands at $104,802, reflecting a 0.69% decline in the past 24 hours and a 3.35% drop over the past week. Despite this stagnation, Bitcoin’s on-chain activity has experienced notable growth. Analysts at Santiment, a market intelligence platform, have pointed out a surge in Bitcoin’s on-chain activity, which typically reflects increased user engagement and expanding network participation. Surge in Bitcoin Network Growth Specifically, on May 29, 2025, Bitcoin…

Meta Pool, a top liquid staking protocol, is now officially listed in the Discovery section of Binance Wallet. Key takeaways Meta Pool is now listed in Binance Wallet’s Discovery section, expanding its global visibility. Users can directly access and use stIP, mpETH, and mpSOL liquid staking tokens through Binance Wallet. This integration boosts Meta Pool’s mission to make staking and restaking more accessible and liquid across blockchains. This strategic inclusion significantly increases visibility and accessibility of Meta Pool’s staking products to a broader global audience of retail and institutional users. As a result of the listing, users of Binance Wallet…

Bit Digital (BTBT) is changing course to become a dedicated ether staking and treasury operation, the company said Wednesday. The New York-based firm will exit the bitcoin mining business entirely, repurposing its assets and capital into its growing ETH strategy. The company began building its ether position and Ethereum staking infrastructure in 2022. As of March 31, Bit Digital held 24,434.2 ETH, valued at $44.6 million, and 417.6 BTC worth $34.5 million. It plans to convert the remaining bitcoin into ether over time. To fund the transition, Bit Digital has started a process to sell or wind down its bitcoin…

The Router Protocol has recently announced a partnership with Bitgert, the zero-gas-fee blockchain ecosystem, as a part of its strategy to enable real-time, artificial intelligence (AI)-based data routing over a high-performance network. We’re excited to collaborate with @bitgertbrise — a fast-growing blockchain ecosystem that redefines scale with zero gas fees. Paired with AI Router’s real-time adaptive routing, this partnership unlocks seamless, intelligent data flow across a high-performance network. Together,… pic.twitter.com/yeH5CeMhOF — Router Protocol (@Routerprtocl) June 19, 2025 The partnership unites the adaptive routing technology of Router with the fee-free, ultra-fast Bitgert infrastructure, with the aim of changing the way applications…

BlackRock’s Bitcoin Dominance Sparks Debate: With over 660K BTC under custody, BlackRock now controls half of all ETF-held Bitcoin assets. Decentralization at Risk: Critics warn ETF Bitcoin strips user control and could let institutions dictate Bitcoin’s future through centralized power. BlackRock now holds over $70 billion worth of Bitcoin through its ETF products, sparking a heated debate within the crypto community. While major headlines call it bullish for Bitcoin, critics are calling it something else entirely — a silent Wall Street takeover. A viral thread by crypto user Leshka.eth on X breaks down how BlackRock’s rising influence may strip Bitcoin…

Ethereum (ETH) price has been trading in a tight range around $2,500, leaving traders and investors wondering: is the next move up or down? By analyzing the daily chart, key resistance levels, and RSI signals, we can uncover likely ETH price targets and potential breakout triggers. Ethereum Price Prediction: Current Trend and Key Levels ETH/USD Daily Chart- TradingView As of June 20, 2025, Ethereum price is trading at $2,537.80, slightly up by 0.71% on the day. It has been consolidating for several weeks after its sharp rally in early May. Key support: $2,420 Immediate resistance: $2,554 (near today’s high) Major…

While Visa shares lost value after the GENIUS Act passed by the US Senate, CEO Ryan McInerney stated that they welcomed the process. Speaking on CNBC’s Squawk on the Street, McInerney said Visa has been developing infrastructure for stablecoins for years and this new regulation will bring clarity to the industry. Visa CEO stated that the passage of the GENIUS Act will provide regulatory clarity for stablecoins. “We have been embracing stablecoins for a long time. We have built stablecoin-based solutions on Visa infrastructure and are working to develop new use cases on a global scale,” he said. McInerney countered…

“James Wynn,” the closely-watched trader, has now placed a $12 million worth of long bet on PEPE just hours after losing over $100 million in bitcoin BTC$105,964.18 long positions. Wynn, known for placing billion-dollar bets on the onchain trading platform Hyperliquid, opened a new 10x leveraged long worth more than $12 million on the memecoin PEPE, Hyperdash data shows. Wynn now holds 934 million PEPE tokens valued at approximately $12.1 million. His entry price of $0.0129 has already netted him an unrealized gain of 10.66%—a small but notable pivot after last week’s disastrous Bitcoin trade. Wynn’s bitcoin losses are the…