Author: NBTC
Key Takeaways Shares of CleanSpark climbed around 14% on Thursday. CleanSpark reported a 102% annual revenue increase, reaching $766 million for fiscal year 2025. CleanSpark stock soared nearly 14% to close Thursday at $13.45, outperforming most crypto stocks after the company reported a tremendous increase in its fiscal year 2025 revenue, reaching $766 million and representing 102% year-over-year growth. The company also saw a 43% rise in contracted power, setting up a robust foundation for future AI expansions. CleanSpark recently secured a $1.15 billion 0% convertible transaction to fuel further infrastructure development. The booming performance was supported by achieving 50…
Decentralized finance (DeFi) may only be years away from mainstream adoption, according to Chainlink co-founder Sergey Nazarov. However, significant regulatory and institutional hurdles must still be cleared before it can achieve global scale. “I think we’re about 30% of the way there,” Nazarov said during an interview with MN Capital founder Michael van de Poppe published to YouTube on Tuesday. DeFi, which is peer-to-peer financial services built on blockchain networks, could reach 50% global adoption once clearer regulation and legislation can explain why it is reliable, according to Nazarov. Other industry executives have shared a similar view. Curve Finance founder…
In a groundbreaking move that signals growing institutional adoption, the Bhutan government has made a significant Bhutan government ETH deposit of 320 Ethereum tokens. This strategic investment, valued at approximately $928,000, represents a major step in national cryptocurrency strategy and demonstrates how governments are embracing digital assets for economic growth. What Does This Bhutan Government ETH Deposit Mean for Crypto Adoption? The recent Bhutan government ETH deposit with staking infrastructure provider Figment showcases several important trends in cryptocurrency adoption. Governments worldwide are recognizing the potential of digital assets as legitimate investment vehicles. This move follows Bhutan’s earlier interest in Bitcoin…
Consob has introduced new measures to simplify the process of listing investment funds in Italy. The reforms aim to make the Italian financial market more competitive and bring it in line with regulations in other European Union countries. Although the new rules primarily address fund issuers, they may indirectly benefit retail traders. By simplifying listings for ETFs and other collective investment funds, the reforms could attract more European funds to Italy. This may increase product diversity, enhance price transparency, and improve market efficiency, giving individual investors broader access to regulated investment options. The changes remove the requirement for European Exchange…
Key Notes CryptoQuant reported that Binance’s stablecoin reserve has topped $51.1 billion. To complete this, BTC and ETH inflows into Binance came in at $15 billion. Generally, there is a surge in the rate of stablecoin adoption. Blockchain analytics platform CryptoQuant has reported a significant surge in Bitcoin BTC $87 234 24h volatility: 0.4% Market cap: $1.74 T Vol. 24h: $59.31 B stablecoin reserve on exchanges. Precisely, it hit a record of $51.1 billion, marking the highest level in all of history. Binance Outperforms Other Exchanges in Stablecoin Reserve According to CryptoQuant data, exchanges have been seeing a surge in…
Global crypto‑finance company Tether has officially confirmed it is ceasing its mining operations in Uruguay and laying off 30 of its 38 employees, citing unsustainable energy costs and uncompetitive electricity tariffs. The decision was made public after sources from the ministry confirmed this to El Observador, a Uruguayan newspaper, during a recent meeting held at the National Directorate of Labour (Dinatra). The company had planned a $500 million investment in Uruguay, including the construction of three data processing centers and a 300-megawatt renewable energy park. However, only around $100 million of the planned investment was completed before the project became economically…
Have you checked your Ethena USDe positions lately? The cryptocurrency world is buzzing about the dramatic Ethena USDe TVL collapse that saw over $7 billion vanish from the protocol. This stunning development raises crucial questions about stablecoin sustainability in volatile markets. What Caused the Ethena USDe TVL Meltdown? The Ethena USDe TVL catastrophe didn’t happen overnight. Several factors converged to create this perfect storm. First, the annual percentage yield plummeted from double digits to just 5.1%. This massive yield compression made the protocol less attractive to yield farmers. Meanwhile, borrowing costs on established platforms like Aave remained higher at approximately…
Big news for Ethereum enthusiasts! The network just made a massive move by increasing the Ethereum gas limit from 45 million to 60 million. This crucial change comes just before the highly anticipated Futuska upgrade, scheduled for late 2025. But what does this mean for you and the entire blockchain ecosystem? Let’s dive into this groundbreaking development. Why Does the Ethereum Gas Limit Matter? The Ethereum gas limit serves as the network’s capacity controller. Think of it as expanding a highway from four lanes to six lanes during rush hour. This increase means: More transactions per block can be processed…
Oracle’s stock price tanked after a new report on its profit margins, and there are serious possible implications for AI. Crypto’s market cap also declined afterward, but it’s hard to predict the full fallout. LLM developers and various AI infrastructure interests are currently engaged in a huge wave of circular financing, but one collapse could cause more problems. The AI bubble may be in danger of popping soon. Oracle Stock and AI Fortunes Recently, Oracle Corp, an American database and AI cloud infrastructure firm, was enjoying a moment in the sun, with strong quarterly earnings and impressive stock performance. However,…
Key Highlights: WazirX launches WazirX ZERO today November 26, 2025. With this move, users can carry out as many trades as they want by paying a monthly subscription of ₹99 ($1.11). This move will be active from December 1 and users can also opt for a trial from December 1 to December 15. WazirX, one of India’s well-known cryptocurrency exchanges, announced today, November 26, 2025, the launch of WazirX ZERO, a new trading model that is offering unlimited crypto trading with zero trading fees for a monthly subscription of ₹99 ($1.11). In this way, instead of charging traders a percentage…