Author: NBTC

Bitcoin prices reached an all-time high of almost $112,000 on Thursday, May 22, following a 4% daily gain, according to Coingecko. The asset has now surpassed a peak of $109,500 on Wednesday and is in a new price discovery phase. It has also pushed total crypto market capitalization to $3.6 trillion. However, this remains below its peak of $3.9 trillion in mid-December as altcoins remain lackluster. Big Bitcoin Moves The asset has now gained more than 17% since the beginning of the year and is up around 47% since its April 7 crash to $75,000. Momentum is being driven by…

CoreWeave (CRWV) has agreed to acquire bitcoin miner Core Scientific (CORZ) in an all-stock deal valued at $20.40 per share, implying a ~16x FY26E EBITDA multiple, a steep discount to traditional data center peers, according to investment bank KBW. Core Scientific shares were 18% lower, trading around $14.75 at publication time. CoreWeave stock was down 5%. While the deal offers CoreWeave strategic benefits, cutting over $10 billion in lease obligations and unlocking more than $500 million in annual cost savings by 2027, KBW views it as an opportunistic move, capitalizing on CRWV’s 295% post-IPO rally, the bank said in a…

AllUnity, a joint venture formed by Deutsche Bank with its investment management arm DWS, digital asset firm Galaxy and market maker Flow Traders, is preparing to launch a MiCA-compliant euro stablecoin after receiving an electronic money institution (EMI) license from Germany’s financial regulator BaFin. Deutsche Bank’s DWS Unit Launches German-Regulated Euro Stablecoin in Partnership with Galaxy and Flow Traders The newly launched digital asset EURAU will be 100% collateralized and will provide institutional-level transparency. According to AllUnity, this transparency will be achieved through regular proof of reserves and regulatory reporting. EURAU aims to deliver seamless integration for regulated financial institutions,…

DAC Platform is excited to announce its strategic integration into DeepBook AI to redefine the interaction of users with Web3. This partnership aims to infuse the innovative mission-based framework of DAC Platform with DeepBook AI’s empowering crypto-focused browsing experience. In this way, the collaboration strives to pave the way for a new and dynamic age of on-chain engagement. 🚀 PARTNERSHIP ANNOUNCEMENT 🚀DAC Platform x DeepBook AI 🤝We’re excited to welcome DeepBook AI as an official partner of DAC Platform!🌐 @deepbook_ai is a next-gen Web3 browser designed for crypto users, featuring a built-in multi-asset wallet, real-time trading engine, and… pic.twitter.com/iFigL0LAJt —…

Bitcoin (BTC) broke through $111,000 for the first time early Thursday, setting a fresh all-time high as capital continues to pour into the asset from an increasingly institutional class of buyers. BTC rose nearly 3.5% to touch $111,878 during Asian morning hours, CoinGecko data shows, lifting overall market capitalization 1.7%. Major tokens from xrp to dogecoin (DOGE) showed little movement The demand isn’t just coming from crypto-native funds or retail traders. Publicly listed companies increasingly treat BTC as a treasury asset, using capital markets to raise cash and buy more of the token. “We think that large institutions are driving…

The Tony Blair Institute helped form a plan that proposed selling land in Gaza via blockchain tokens, the Financial Times reported Monday, after paying Palestinians to leave their land. The tokenization project would have also seen the region rebuilt with Dubai-style artificial islands and “blockchain-trade initiatives,” complete with Elon Musk and Donald Trump-themed areas. The report was met with major uproar from Palestinian activists—one of whom described the proposed plan to Decrypt as “not just grotesque,” but “evil.” A slide deck titled the “Great Trust” was developed by the Boston Consulting Group, or BCG, the FT reported on Sunday, with…

The crypto market is bracing for scheduled token unlocks set to hit in July. According to data from the analytics platform Tokenomist, an estimated $3.08 billion in previously locked assets will be up for grabs. While this figure is slightly lower than June’s total, the stakes are heightened by a heavy concentration of these releases in a handful of large-cap tokens. Four tokens alone represent over 59% of July’s total unlock value, placing heightened attention on supply absorption across the market. 🔥🔥 July unlocks are projected to reach $3.08B, slightly lower than June’s $3.5B.Emissions is notably concentrated, with just four…

The debate over whether Bitcoin is best suited for payments or as a store of value is flaring up again. This time, it comes after the price to send the leading cryptocurrency has been slashed. Top Bitcoin blockchain explorer Mempool posted this week that now users of the biggest crypto network can pay as low as 0.1 satoshi per virtual byte (sat/vByte) to get their transactions processed. A satoshi is the smallest unit of Bitcoin, with 1 satoshi equaling 0.00000001 BTC.  Previously, it would cost 1 satoshi/vByte at minimum to get miners to process transactions. But due to a lack…

The landscape of urban transportation is undergoing a profound transformation, and at its forefront is the exciting convergence of ride-hailing and blockchain technology. For years, drivers in the gig economy have grappled with high commission fees, often diminishing their hard-earned income. But what if there was a better way? What if a service truly prioritized its drivers while offering competitive rates to riders? Enter TADA Denver, MVL’s groundbreaking zero-commission ride-hailing service, now officially live in the Mile High City. What is TADA Denver and How Does it Work? On July 16, blockchain mobility platform MVL made a significant stride, announcing…

Bitcoin’s (BTC) price has surged to record highs, sparking optimism among investors. However, expected hedging activities of market makers/dealers, often an invisible force, at certain price levels, may slow the ascent. The leading cryptocurrency topped the $111,000 mark during the Asian hours, with analysts anticipating stronger demand. “The OTC supply may be drying up, driving up prices. This would not be reflected in exchange trading volumes or the derivatives market. If this is the case, get ready for a wild ride, as more demand is coming on board with a competitive bitcoin corporate treasury environment and, perhaps, a less elastic…