Author: NBTC

Spot Bitcoin exchange-traded funds hit a daily record high with over $1.1 billion in combined outflows Tuesday as the price of the largest cryptocurrency by market value plummeted in a wider market rout. The drop followed outflows on Monday of $539 million–now the sixth-highest total in the funds’ nearly 14-month history–according to UK asset manager, Farside Investors. “We had a record outflow yesterday across the U.S. spot Bitcoin ETFs,” Bloomberg ETF Research Analyst James Seyffart wrote in an email to Decrypt. “But to be honest, this is largely par for the course of a volatile ETF category. In general, the…

Shiba Inu team has congratulated its partner K9 Finance DAO for receiving a $200,000 grant through the Google for Startups initiative. K9 Finance recently took to X to announce that it has been awarded a grant of $200,000 under the Google for Startups program. Per the announcement, the grant comes in the form of free access to Google Cloud services instead of direct cash. With the grant, K9’s development team can access Google Cloud’s infrastructure, security features, and artificial intelligence (AI) tools at zero cost. For context, Google introduced the Google for Startups program in 2011, which offers startups an…

Binance lawsuit: paused. Coinbase lawsuit: dismissed. Investigations into OpenSea, Robinhood, and Uniswap? Done, done, and dusted. Over the last two weeks, President Donald Trump’s SEC has effectively ripped apart its crypto caseload, dismantling the agency’s concerted, years-long campaign to halt the core businesses of all manner of blockchain-related companies. The development, naturally, has spread euphoria across the digital assets industry after years of costly legal battles that threatened to push top exchanges out of business. But should the crypto industry be celebrating total victory just yet? Legal experts who spoke to Decrypt cautioned it may be a tad early to…

Bitcoin is down 1.9% against the greenback trading between $87,739 to $88,156 over the last hour on Feb. 26, 2025, extending losses amid U.S. economic policy anxieties and fluctuating consumer confidence. Bitcoin Navigates Bearish Terrain The leading cryptocurrency’s price declined from the previous day, marking a 24-hour drop of approximately 1.9%, according to the latest BTC price data. This follows a volatile week: Essentially, bitcoin traded near $99,334.93 on February 24 before sliding 11.1% over the last two days. Analysts attribute the swing to intraday trading pressures and macroeconomic headwinds from Trump’s tariff threats. BTC/USD via Bitstamp 1H chart on…

VeChain’s revamped tokenomics ties VTHO rewards to active staking, reducing inflation by 72.2% and boosting network engagement. The integration of NFT staking broadens participation, positioning VeChain ahead in tokenized assets and decentralized finance adoption. VeChain (VET) is making a decisive move to revamp its ecosystem, introducing a comprehensive restructuring of its tokenomics to encourage more active participation. With the broader cryptocurrency market struggling, this shift aims to realign incentives and reward users who contribute to the network’s health. The upgrade primarily targets the VTHO gas token, which fuels transactions on the VeChain blockchain. Previously, VTHO was generated at a flat…

Coinbase has been freed from its protracted legal battle with the U.S. Securities and Exchange Commission as the agency agreed to drop the case that’s been among the industry’s core fights in federal court. Though the SEC’s intention to agree to shut down the legal dispute had already gone public when the U.S. crypto exchange announced the deal last week, the commissioners had to cast a formal vote to ask a federal judge to throw the switch. The dismissal was done in such a way that the regulator can’t change its mind later. “It’s time for the commission to rectify…

Bitcoin investors are bracing for further declines as the recent decline in the BTC price has led to increased hedging activity, according to some analysts. As the so-called “Trump coup” fades in financial markets, Bitcoin options data suggests investors are positioning themselves against a potential drop to $70,000, a level last seen shortly after the U.S. election. Bitcoin has fallen nearly 20% from its all-time high since Donald Trump took office in January. Trump’s confrontational approach to geopolitical allies and rivals has fueled the decline, making investors nervous. Additionally, concerns about persistently high inflation have further weighed on market sentiment.…

The long-running debate about XRP’s escrow and its influence on the market has picked up steam lately because of crypto lawyer Bill Morgan’s comments on social media. The discussion was about the role of Ripple’s escrow in the price of XRP after the digital asset’s price rose from $0.50 to over $3.00 even though releases from escrow continued in late 2024 and early 2025. https://twitter.com/Belisarius2020/status/1894954932366651781 “Escrow Dump” Theory Challenged This rise challenges the escrow dump theory, which claims that Ripple’s monthly escrow releases cause the market’s volatility. Bill Morgan took on the misconception in a post, pointing out that the…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The Senate Banking Committee’s Digital Asset Subcommittee held its first hearing yesterday and, unsurprisingly, stablecoins took center stage. Cynthia Lummis, who chairs the newly minted subcommittee, said that stablecoin legislation is its top priority. A market structure bill, which we started to see movement on last session, will follow. “We’re on the precipice of finally creating a bipartisan legislative framework for both stablecoins and market structure,” she said. Former CFTC Chair Timothy Massad, a witness during the hearing, advised lawmakers to zero in on stablecoins. Market…

HIVE Digital plans to grow its hash rate 4x by September 2025, potentially placing it among the top 10 public Bitcoin miners by size. Simultaneously, it has $100M ARR target for HPC. Is this small-cap miner an overlooked opportunity? HIVE Digital Sets Sights on Expansion and HPC Revenue The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Feb. 27, 2025, it was penned by Bitcoinminingstock.io author Cindy Feng. For a long time, Bitcoin mining’s biggest names get all the attention—but what about smaller ones? This…