Author: NBTC

Nasdaq-listed Bitcoin mining company Cango (CANG) reported a preliminary net loss of $261.1 million for the first quarter of 2026, driven largely by non-cash impairment charges on mining equipment and a decline in the value of its Bitcoin holdings. The Shanghai-based firm mined 1,266 $BTC during the period, underscoring the persistent volatility facing the cryptocurrency mining sector. Revenue Breakdown and Core Mining Business Total revenue for the quarter reached $102 million, with the Bitcoin mining segment contributing $98.4 million — or approximately 96% of the company’s total sales. This heavy reliance on mining income highlights Cango’s focused business model, but…

Despite the bearish atmosphere at the start of 2026, bitcoin is still drawing price targets from nearly every corner of the market, with veteran traders, institutional analysts, and high-profile executives placing calls that range from a near-term drop to $40,000 to a long-term ceiling of $1.5 million. Key Takeaways: Arthur Hayes targets $125K bitcoin by December 2026, citing returning liquidity and Fed policy shifts. Bernstein analysts set a $150K–$200K end-2026 target, pointing to exchange-traded fund (ETF) flows and institutional adoption. Peter Brandt warns of a potential $40K–$60K bottom by fall 2026 before a cycle peak near $500K in 2029. Others…

Bank of Japan Deputy Governor Ryozo Himino wants the world to stop treating digital money like a side project. In a speech delivered at the Japan Society of Monetary Economics on May 16, he laid out an ambitious vision: a unified framework that treats central bank money, bank deposits, stablecoins, and tokenized deposits as parts of one interconnected system, not separate regulatory headaches. The speech, titled “Singleness of Money and the Role of Central Banks,” is essentially a warning shot. As digital currencies proliferate and private money gains traction, Himino argues that the monetary system risks splintering into incompatible silos.…

Pi Network just sent a clear message to its entire ecosystem. WorldBanksPi, once one of the highest-ranked DApps inside the Pi Browser, with over 140,000 users. The platform completely removed it without warning. No explanation, no appeal process, and no second chances. The Pi Core Team deleted it instantly and made clear this is only the beginning of a broader cleanup. For Pi Network price 2026 watchers, this is not just a housekeeping move. It is a signal about where the ecosystem is heading. What WorldBanksPi and Why It Got Banned WorldBanksPi operated by exploiting Pi’s brand and its community’s…

The UK government wants a big red button for artificial intelligence. A group of lawmakers is pushing an amendment that would let the Technology Secretary order an immediate shutdown of advanced AI systems if they pose a threat to national security or human life. What the amendment actually says The proposal is being championed by Labour MP Alex Sobel, who has gathered support from at least 11 fellow MPs. The amendment would grant the Technology Secretary the authority to order shutdowns of advanced AI systems during extreme situations, specifically those threatening national security or public safety. The provision isn’t a…

A closely watched on-chain indicator has returned to a range that has marked major turning points in Bitcoin’s price history, and some analysts say the setup looks familiar. The Bitcoin Fund Flow Ratio on Binance has dropped to between 0.010 and 0.012 — a level reached only five other times since 2018, each preceding a significant recovery. The metric tracks how much Bitcoin activity is happening on exchanges relative to the broader network. When the ratio falls, it means fewer coins are moving to exchanges, which typically signals weaker selling pressure. Analyst MorenoDV, citing CryptoQuant data, described the current setup…

A fresh post from RWA expert Zeus has put the spotlight back on one of the fastest-growing corners of crypto: tokenized real-world assets. In a tweet, Zeus highlighted the top moving assets of the week and, just as importantly, explained what each of them actually represents. The list was a pretty clear reminder that the RWA narrative is no longer just about stablecoins or tokenized treasuries. It now stretches across currencies, equities, yield products, and even payment infrastructure built for everyday money movement. One of the most eye-catching names on the list was TRYB, BiLira’s Turkish lira-backed stablecoin. The idea…

Ondo Finance just asked the SEC for permission, not forgiveness. The real-world asset tokenization firm submitted a no-action letter on April 13, requesting regulatory clarity to use Ethereum Mainnet for managing tokenized securities tied to its Ondo Global Markets product. The filing covers tokenized notes linked to more than 200 US stocks and ETFs, targeting non-US investors. If the SEC grants the relief, it would mark one of the most significant regulatory green lights for on-chain securities infrastructure to date. What the no-action letter actually means A no-action letter is the SEC’s way of saying “we won’t sue you if…

Bitcoin hovered near $76,500 mid-day Hong Kong time, according to CoinDesk market data, holding a narrow range as trading remains muted after a long weekend in the U.S. Prediction market traders on Polymarket see $BTC as likely to hold above $74,000 this week, with a 60% chance it finishes the trading week above $76,000. In a note to CoinDesk, Singapore-based market maker Enflux wrote that the “bid is there” but no one is adding size. A Glassnode weekly report adds the same split: buying and selling pressure is becoming more balanced, but weaker trading activity points to a cautious market…

A Washington Post analysis of financial disclosure documents found that nominees and officials in the Trump administration held no less than $193 million in crypto and blockchain-linked assets. The figure spans nearly 70 individuals, with holdings ranging from small investments to at least $120 million for a single appointee. President Donald Trump, who reversed his earlier crypto skepticism to become the industry’s most powerful advocate, reported a personal stake of at least $51 million in digital assets. Vice President JD Vance listed between $250,000 and $500,000 in Bitcoin. Health and Human Services Secretary Robert F. Kennedy Jr. disclosed between $1…