Author: NBTC
BTCS Inc., a Nasdaq-listed blockchain technology company, plans to buy up to $57.8 million worth of Ethereum as it looks to mirror MicroStrategy’s Bitcoin accumulation. U.S.-based BTCS is looking to execute this initiative via the proceeds of a convertible notes issuance of up to $57.8 million. ATW Partners will lead the capital raise, with BTCS Inc. using the funds to purchase Ethereum (ETH). Buying more ETH is part of the company’s plan to expand its digital asset footprint, including through validator node operations, it said in an announcement on May 14. It wants to be the Strategy of ETH. “This…
New cryptocurrency projects provide a unique opportunity for investors. Due to the nascent nature of the sector and high volatility, some new crypto projects explode in value seemingly overnight, generating returns that are mostly unheard of when investing in more established crypto assets or traditional financial instruments. However, with thousands of new crypto projects launched every few weeks, it can be difficult to separate those that are truly promising from those that are just looking to take advantage of the fast-moving crypto space and have no concrete roadmap goals. In this article, we will examine what are, in our opinion,…
On Monday, May 12, the defense in the Samourai Wallet case submitted a letter to the SDNY in which it made the case for the court to schedule a hearing regarding the information that came to light on April 1, 2025 about an August 23, 2023 call between the prosecution (“Government”) and FinCEN in which members of FinCEN stated that they didn’t believe that Samourai Wallet was a money transmitting business due to the noncustodial nature of the product. The submission of this letter comes on the heels of a letter that the prosecution submitted to the court on Friday,…
Atlanta-based firm Bitpay has introduced HODL Pay, enabling users to borrow stablecoins against cryptocurrency holdings for payments without liquidating assets. The service integrates decentralized finance (DeFi) protocols with Bitpay’s merchant network. Crypto Users Can Now Borrow Stablecoins via Bitpay’s HODL Pay In a message shared with Bitcoin.com News, Bitpay explained that in order to use HODL Pay, customers must collateralize crypto on Aave, a DeFi lending platform. Existing Aave users can immediately spend borrowed stablecoins; new users must first deposit eligible assets. Borrowed funds settle Bitpay invoices for retail purchases, travel, bill payments, or gift cards. Users generate a Bitpay…
As Bitcoin trades above $104,000, several large traders have initiated high-risk short positions, exposing themselves to steep liquidation threats. Leveraged bets against Bitcoin’s current bullish momentum are mounting, with at least three whale traders deploying massive capital using up to 40x leverage. These positions are already incurring heavy unrealized losses, while ongoing funding payments offer limited compensation against market pressure. Whale Wallet Faces Liquidation Risk at $105,700 According to a disclosure from blockchain resource Lookonchain, wallet address 0x51d9 has opened a $93 million short position on Bitcoin, deploying 40x leverage. Many gamblers are shorting $BTC with high leverage! 0x51d9 opened…
According to blockchain analytics firm Sentora (formerly IntoTheBlock), nearly $1.2 billion worth of Ethereum (ETH) was withdrawn from centralized exchanges during the seven days ending May 13, 2025. This large-scale movement coincided with uncertain netflows and increasing price momentum, signaling shifting investor approaches across the week. $1.2 billion worth of ETH has been withdrawn from centralized exchanges in the past 7 days.This sustained trend of net outflows, intensifying since early May, signals continued accumulation and reduced sell-side pressure. pic.twitter.com/fMYJmPOnB0 — Sentora (previously IntoTheBlock) (@SentoraHQ) May 14, 2025 ETH Exchange Flows Fluctuate Wildly, Culminating in Huge One-Day Deposit Between May 6…
BarriC, a prominent voice in the XRP community, has boldly claimed that banks and financial institutions have not yet fully adopted XRP. He bases this belief on XRP’s relatively low price, as the coin continues to trade around $2. According to BarriC, a significant indicator of widespread bank adoption would be a much higher price point. Current Prices Reflect a Pre-Adoption Phase He asserted that the price of XRP could soar into the hundreds or even thousands of dollars once global banks begin actively utilizing the digital asset. BarriC suggested that the value of XRP could reach levels such as…
TORONTO — Despite a recent setback, U.S. President Donald Trump should be able to sign stablecoin and market structure legislation before Congress goes on break in August, said White House official Bo Hines on Wednesday. Lawmakers are still discussing the legislation, which is good, said Hines, the executive director of the President’s Council of Advisers on Digital Assets, said on stage at Consensus 2025 in Toronto. “Negotiations are ongoing,” he said. “But I remain steadfast in my optimism that we’re going to achieve — the President’s desire is to do it — but stablecoin legislation and market structure legislation before…
Avalanche blockchain game MapleStory N launched on Thursday alongside a token and NFTs, in what some crypto gamers are hailing as one of the biggest rollouts to date in the industry. It was so significant that Avalanche saw a 549% spike over the past seven days in active addresses, according to Nansen data, as it processed the biggest NFT mint the network has ever seen. The recently launched game is the first title in an expanded MapleStory Universe ecosystem, which sees the beloved 22-year-old gaming IP adopt blockchain for the first time. Welcome to the universe, Maplers. 📸 by @btcpin…
After months of speculation, Binance may have dropped another big hint about a possible Pi Network listing—and eagle-eyed crypto enthusiasts are already excited. In a recent Facebook post, Binance shared its logo with a cryptic caption, “This is what happens when devs touch art with 0 design sense.” At first glance, it seemed unrelated to Pi Network. But sharp-eyed users quickly noticed multiple Pi symbols subtly hidden within the logo design. The comment section exploded with excitement, with fans writing, “Let’s gooo Pi!” and “Pi Network listing when?” Is this for real?byu/StyleMindless2222 inPiNetwork This isn’t the first time Binance has…