Author: NBTC
The cryptocurrency mining company Bitdeer has recently secured a funding of 60 million dollars with the aim of expanding the production of ASIC for Bitcoin mining and strengthening its self-mining operations. This happens at a time when competition in the sector is becoming increasingly fierce. This investment comes in a context where the hashrate of the Bitcoin network has reached unprecedented levels, putting pressure on the profit margins of miners. The financing was secured through a loan agreement with Matrixport, an affiliated company founded by Jihan Wu, current chairman of Bitdeer. The line of credit, which can reach up to…
Analyzing some of the key metrics for Bitcoin (BTC), it appears to be poised for a price surge despite the ongoing broader market correction following renewed interest. The Accumulation Trend Score On April 18 2025 the Accumulation Trend Score for Bitcoin reached 0.4268 while the BTC price rested at $84,957. The accumulation activity showed moderate signs while indicating investor entrance after markets experienced stagnancy according to this analysis score. Strong bullish swings in Bitcoin prices from following the 1.0 accumulation score continuously throughout late 2024 but especially during November to December when BTC went from less than $70,000 to above…
In the past seven days, the tokenized U.S. Treasury bond market expanded by $450 million, with Blackrock’s BUIDL capturing 67.33% of that increase. Tokenized Treasuries Jump $450 million In 2025, tokenized Treasury bonds have seen extraordinary expansion, driven by substantial institutional issuances—most notably the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) and several peers. During a seven‑day span, the tokenized Treasury market rose from $5.49 billion to $5.94 billion, placing it just $60 million shy of the $6 billion threshold. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL). Rwa.xyz stats show that BUIDL remains the largest fund by market capitalization…
Crypto investigator ZachXBT has publicly criticized the financial performance of Zora content coins, labeling them as merely “viral.” His comments come in response to a celebratory post by Jesse Pollak, Head of Base and Coinbase Wallet, who highlighted Zora’s record-breaking engagement metrics. ZachXBT Challenges the Financial Value of Zora Content Coins In a recent post on X (formerly Twitter), Pollak shared a chart illustrating a dramatic spike in daily Zora transacting users, peaking at 290,300. “Coins going viral on 4/20 is wild,” he wrote. Zora Daily Transacting Users. Source: Dune According to data from Dune Analytics, the network has seen…
SEC’s retreat and XRP’s legal triumph are sidelined as Oregon charges ahead with a new lawsuit against Coinbase, intensifying the war over crypto regulation. Coinbase Says Oregon Ignores SEC Losses, XRP Victory in Crypto Lawsuit Legal tensions surrounding crypto exchange Coinbase have reignited following a new lawsuit filed by Oregon’s Attorney General, adding another chapter to the company’s long-running regulatory challenges. The case comes just weeks after the U.S. Securities and Exchange Commission (SEC) formally withdrew its own federal claims against the crypto exchange. The agency ended the suit without addressing the validity of its allegations. This shift happened amid…
GoMining’s Bitcoin mining game Miner Wars bolstered its feature suite on Tuesday with the addition of newcomer-friendly “welcome packs” and a “clan leagues” feature for competitive players, boosting the GameFi experience that’s tied into real-world Bitcoin mining. Garnering more than 165,000 active players, GoMining says it has paid out more than 144 BTC—or over $13 million in rewards at today’s price—since Miner Wars’ September launch. “Positioned at the intersection of digital mining and GameFi, Miner Wars has found a welcoming niche with a loyal and stable audience,” said GoMining CEO Mark Zalan in a statement. He said that the fresh…
A crypto strategist who continues to grow a following with timely Bitcoin calls believes that BTC’s bull market is far from over despite the prevailing bearish sentiment. Pseudonymous analyst Credible tells his 467,000 followers on the social media platform X that he’s keeping a close watch on the activities of long-term holders (LTHs) of BTC, which are entities holding coins for at least 155 days. According to Credible, there are signs that LTHs are now gobbling up the crypto king after unloading their BTC stacks for months. “It’s been three to four months since the last post I made on…
Blocksquare and Vera Capital are launching a $1 billion effort to bring U.S. real estate on-chain. The partnership will tokenize a portfolio of commercial and multifamily properties across the country using Blocksquare’s blockchain-based infrastructure, according to a release shared with crypto.news. The first property, a $5.4 million commercial asset in Fort Lauderdale, has already been tokenized. Vera Capital plans to launch a digital marketplace that will allow global investors to buy tokenized shares in U.S. properties. Blocksquare’s white-label technology will power the platform. Tokenization is the process of converting real estate ownership rights into digital tokens recorded on a blockchain.…
A market expert has shared several reasons why BlackRock has not yet filed for an XRP ETF despite multiple filings from other asset managers. Despite a growing wave of institutional interest in XRP-backed exchange-traded funds (ETFs), BlackRock, the world’s largest asset manager, has yet to throw its hat in the ring. For context, multiple asset managers such as Grayscale, Bitwise, and Canary Capital have collectively filed to launch about 15 XRP ETF products, including spot and leveraged ones, the most for any single asset. However, BackRock remains hesitant. A recent breakdown by the analyst behind the “XRP Investing” account on…
Pakistan has become the latest country to explore block reward mining with excess electricity amid an economic crisis that has shrunken power demand in the South Asian nation. The new initiative is being spearheaded by the recently formed Pakistan Crypto Council, whose mandate relates to making the country a digital asset hub. CEO Bilal Bin Saqib told Reuters that the government would also promote the development of artificial intelligence (AI) data centers with surplus power. The location of the facilities will be based on the power availability in various regions. Currently, the northwestern province of Khyber Pakhtunkhwa leads in electricity…