Author: NBTC

Bitcoin miners are confronting a perfect storm of falling revenue and dwindling network activity, raising concerns about the blockchain’s long-term security. Bitcoin’s Transaction Drought Daily bitcoin (BTC) transactions have dropped to their lowest levels since late 2023, leaving the mempool—the queue of unconfirmed transactions—unusually empty. This decline has slashed transaction fees, which now barely contribute to miner revenue. Combined with April’s fourth halving, which cut the block subsidy to 3.125 BTC, miners have faced unsustainable revenue pressures. At press time there are eight blocks waiting for confirmation according to mempool.space stats. The subsidy reduction alone slashed miners’ per-block earnings by…

Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, shared in his statement that he has a dog. Thereupon, a wave of excitement started in the cryptocurrency market. Because, especially in the case of Elon Musk, memecoins related to the pets of influential figures in the cryptocurrency market are launched and sometimes these cryptocurrencies can reach market values of hundreds of millions of dollars. One of the best examples of this could be Floki Inu, named after Elon Musk’s dog Floki. The token has a market value of over $900 million at the time of writing. On the…

An interesting discussion arose on the cryptocurrency market when Samson Mow, a renowned Bitcoin bull and advocate of $1,000,000 BTC, was recently confronted with a question regarding JAN3 – the company at which he is chief executive officer. JAN3, the company mentioned, focuses on accelerating hyperbitcoinization with the goal of integrating Bitcoin into global financial systems. Among the services offered by Mow’s company are the issuance of Bitcoin bonds, digital patronage of art and collectibles through the cryptocurrency, and BTC storage. Apart from this, JAN3 seems to be involved in the development of the AQUA wallet. Mow was asked how…

Audius, a crypto-powered music streaming service, has announced a season of airdrops and rewards that will see 30 million AUDIO tokens handed out—valued at over $3 million—to users of the platform. The campaign was launched in celebration of Audius surpassing an all-time milestone of 250 million on-chain song streams from users. The first season of AUDIO rewards kicks off with 2 million AUDIO tokens being airdropped to contributing artists in what is branded as the “Artist Appreciation Airdrop.” Token allocations are determined by an artist’s streams, sales, revenue, followers, and other factors. A total of 1,174 artists are eligible for…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. I enjoyed taking the Digital Asset Summit stage with Algorand Foundation CEO Staci Warden a few hours ago. Our opening act? The president of the United States. There wasn’t exactly market-moving crypto news out of Donald Trump’s mouth (i.e. another executive order) — though he did utter the word “Blockworks” upon kicking off his three-minute virtual address. Warden and I watched Trump on a screen backstage. Strategy executive chairman Michael Saylor — the speaker to follow us — was close by, getting mic’d up. It was…

A notable Bitcoin analyst believes the BTC bull run is yet to begin despite recent gains, expecting a further 742% gain this cycle. Despite the ongoing market turbulence, Bitcoin (BTC) has come a long way from its price position exactly a year ago. The premier crypto asset, which changed hands around $49,000 this time last year, currently trades for $95,031, reflecting an impressive 94% gain within this timeframe. Interestingly, Bitcoin had earlier witnessed a much higher price point, when it soared to a new all-time high of nearly $110,000 in January 2025. With the recent pullback and extensive consolidation, several…

This is a segment from the Empire newsletter. To read full editions, subscribe. The vibes may not be great, but it’s hard not to be hyped about HYPE. The token’s seen a bit of sell pressure since the beginning of this month, falling to around $23. Yet it’s certainly having a better month than others. K33’s David Zimmerman found that HYPE makes up 55% of 7-day DEX volumes, and there’s so much open interest that it could be compared to some of the biggest CEXs. It’s around 47% of OKX’s levels or 13% of Binance’s. Let me back up for…

U.S. national banks have been told by the Office of the Comptroller of the Currency that they’ll no longer have to answer how controversial customers might damage their reputations — a point that had been criticized by crypto companies and insiders arguing that it contributed to them being debanked. The OCC is removing that factor from its supervision handbook, the agency said in a Thursday statement. “The OCC’s examination process has always been rooted in ensuring appropriate risk management processes for bank activities, not casting judgment on how a particular activity may fare with public opinion,” said Acting Comptroller of…

Elon Musk’s cost-cutting crusade within the U.S. government has purportedly identified computers that can print unlimited amounts of cash, the billionaire claimed in a podcast published on Monday. “I call a ‘magic money computer’ any computer which can just make money out of thin air,” Musk told Sen. Ted Cruz (R-TX) during the “Verdict” podcast sit-down. “They just send money out of nothing.” The computers identified by Musk’s Department of Government Efficiency, or DOGE, exist at multiple agencies, Musk added, pointing to the U.S. Treasury Department, U.S. Department of Health and Human Services, U.S. Department of State, and U.S. Department…

A major $EIGEN dump as a crypto whale has made a costly exit from the market, depositing 2 million $EIGEN worth $3.18 million into Binance. The selling action represents a major financial setback for the trader because they purchased 2 million $EIGEN from Binance two months ago when each token cost $4.53 which equated to a portfolio value of $9.07 million. A whale just deposited 2M $EIGEN($3.18M) into #Binance.The whale withdrew 2M $EIGEN($9.07M) from #Binance 2 months ago, when the price was $4.53, and now the price is $1.59. He lost $5.89M after holding $EIGEN for 2 months!https://t.co/yMoeenzrfQ pic.twitter.com/WmGOoaKpr4 —…