Author: NBTC
Bitcoin miners with the right infrastructure and management talent can gain substantial value by pivoting into the booming AI and HPC data center market, analysts say. As demand for AI infrastructure grows, crypto miners with access to power and cooling could be well positioned to profit from supporting high-performance computing workloads, according to a Galaxy Digital research report. The analysts believe miners with experienced management teams capable of executing AI and HPC buildouts have a “tremendous opportunity” to bring “significant incremental value to their companies.” The appeal lies in the long-term contracts and strong, steady cash flow models of AI…
Big news is brewing in the blockchain world, especially for those keeping a close eye on how Bitcoin is expanding its reach beyond its foundational layer. The promising Bitcoin Layer 2 network, Bitlayer, has just announced a significant step forward in interoperability, forging a crucial link with the burgeoning Monad ecosystem. What’s Happening: Bitlayer Integrates with Monad Testnet In a move set to enhance cross-chain capabilities, Bitlayer has officially integrated its innovative BitVM Bridge with the Monad Testnet. This announcement, shared via Bitlayer’s official Medium blog, marks a key milestone in connecting the Bitcoin ecosystem with the wider world of…
Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term. Bitcoin started a decent upward move above the $91,500 and $92,500 levels. The price is trading above $91,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $92,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $94,650 zone. Bitcoin Price Consolidates Gains Bitcoin price remained stable above the $88,000 level and started…
London, UK and Vilnius, Lithuania — MetaWealth, the fast-growing platform transforming real estate through tokenization, has achieved a major regulatory milestone: the company’s Lithuanian entity, MetaWealth UAB, has been granted a Virtual Asset Service Provider (VASP) license by the Bank of Lithuania.—The full VASP approval unlocks new opportunities for MetaWealth to expand its digital asset offerings — including the launch of a fully compliant secondary market for real-world assets (RWAs) and tokenized real estate. With offices now established in Vilnius, Dublin, Bucharest, and Marbella, MetaWealth continues to break down barriers to high-value property investing, leveraging blockchain technology to fractionalize ownership…
Hey crypto enthusiasts! Get ready for some eye-popping numbers from the world of stablecoins. Justin Sun, the founder of TRON (TRX), recently shared a significant milestone on X: the total issuance of Tether (USDT) on the TRON network has officially surpassed a staggering $70 billion. Yes, you read that right – $70,000,000,000 worth of USDT is now circulating on TRON. This isn’t just a big number; it’s a powerful indicator of TRON’s growing dominance in the stablecoin landscape and the immense popularity of TRON USDT. Why is TRON USDT So Popular? Understanding the TRON Network Advantage So, what makes the…
Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades behind bars if the U.S. Department of Justice’s sentencing memo request is granted. In the memo filed late Monday, the DOJ urged the court to impose a 20-year prison sentence, calling the crimes a “deliberate, calculated” fraud that caused nearly $7 billion in customer losses and left thousands financially devastated. Mashinsky, who pleaded guilty in December to misrepresenting the safety of customer deposits and manipulating Celsius’s CEL token, “refuses to accept responsibility” for his crimes and continues to…
Warsaw-listed, multiregulated liquidity provider X Open Hub announced the upgrade of its OTC crypto liquidity solution for CFD brokers, banks, and prop firms looking to venture into the cryptocurrency trading space. Taking place in early April, according to a news release published on the X Open Hub blog, this improvement comes as part of the company’s commitment to delivering superior execution, deeper order books, transparency, and optimal order matching across a wide range of digital assets. Tailored to the specific needs of institutional players, the enhanced crypto liquidity suite provides a lucrative and cost-effective solution for various challenges that financial…
In a crowded crypto landscape where speed, utility, and real-world integration are often overpromised and underdelivered, Ouroboros stands out for offering a functional blend of blockchain performance and messaging-based incentives. The platform seeks to bridge everyday digital interaction with decentralized finance by rewarding users not only for holding tokens but also for being active in its native messaging app, Sputnik-1, a nod to the Sputnik 1 satellite. Built on Cosmos SDK and powered by Tendermint consensus, Ouroboros delivers a standalone chain with fast transactions, robust staking mechanics, and transparency at its core. With a capped supply, clear emission structure, and…
Bitcoin’s (BTC) breakout to $93,000 is being driven by deep-pocketed institutions, not retail exchange traded-fund (ETF) buyers, said Coinbase Institutional’s John D’Agostino on CNBC. The rally began in early April, as institutional investors, and sovereign wealth funds quietly accumulated BTC with their “patient pools of capital” while retail investors were still pulling capital from spot ETFs. “Institutions, sovereigns, patient pools of capital were piling in,” he said. “Retail via the ETF were exiting. So you’ve got to ask yourself, what do the institutions know?” That institutional conviction is now being formalized. Earlier this week, Strike CEO Jack Mallers and Cantor…
Abu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank announced plans to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank, aimed at advancing payment solutions and digital infrastructure. The stablecoin will operate on the ADI blockchain, according to The National, and will be issued by FAB, the UAE’s largest bank, pending regulatory approval, the companies said in a joint statement Monday. The digital currency will be used by consumers, businesses, and institutions, supporting emerging applications like machine-to-machine transactions and artificial intelligence-driven processes. “This new stablecoin represents a transformative step forward and will revolutionise the way…