Author: NBTC

BitMine Immersion Technologies (BMNR), the ether (ETH) strategy firm led by Fundstrat’s Tom Lee, moved quickly to turn dollars into cryptocurrency. The Las Vegas-based company’s share rose as much as 40% after it said it now holds 163,142 ETH, worth about $500 million, up from the $250 million it raised in a private placement on July 9. Tom Lee likened the approach to Strategy’s (MSTR) well-known bitcoin play, arguing that that company’s large BTC holdings make the company attractive as a “sovereign put.” Lee said Strategy was an attractive bet “if a nation ever wanted to acquire 5% of the…

President Donald Trump has secured agreement from 11 of the 12 congressmen required to advance the GENIUS Act, announcing the commitment following an Oval Office meeting on July 15. The legislation aims to establish America as the “undisputed, number one leader in digital assets,” according to Trump’s social media statements. House Speaker Mike Johnson participated in the meeting via telephone and expressed eagerness to schedule the vote as early as possible. Trump thanked the congressional representatives for their prompt and positive response to the digital asset legislation, which has gained bipartisan momentum. Our dealmaker-in-chief never stops working — and winning!…

CARV, a prominent platform dealing with Sovereign AI Beings, is collaborating with Anomally Games Inc., a popular AI-centered gaming studio that also provides Web3 infrastructure. The partnership aims to redefine AI-led gaming interoperability by unveiling “novalink,” a unique backend technology provided by Anomaly to offer seamless AI agent movement across diverse gaming platforms. The platform revealed this development in a recent social media post. CARV × @anomalygamesinc: One Agent. Infinite Worlds.At CARV, we’ve onboarded 8M+ gamers into the world of Sovereign AI Beings, verifiable, on-chain agents that learn, evolve, and co-create with users across 1000+ games.Now, with novalink, powered by…

The decision of Binance to refuse the listing of Pi Coin has caused an earthquake in the world of cryptocurrencies. Following the announcement, the price of $PI plummeted to 0.43 dollars. The news has triggered a wave of reactions among investors and the Pi Network community, fueling doubts about the transparency of the project and opening a reflection on the strict compliance policies that today regulate the main global exchanges. Why did Binance say no to Pi Coin? The impact on the community: backlash and negative ratings The Pi Network case: between MLM and lack of transparency Binance and the…

José Fernández da Ponte, formerly the head of blockchain at PayPal, has left the fintech giant, where he oversaw the roll-out of digital currencies and stablecoins, to become president and chief growth officer of the Stellar Development Foundation (SDF). The foundation also said it appointed Jason Karsh, a former Block and Blockchain.com executive, as chief marketing officer. The Stellar blockchain operates a cash on and off-ramp network through MoneyGram as well as tokenizing real world assets with partners including Franklin Templeton. But going back over a decade, Stellar has kept in mind humanitarian missions such as improving financial inclusion in…

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Today’s Bitcoin Pizza Day is shaping up to be a special one.Yes, it’s the first Pizza Day where the two pies in question are worth over $1 billion, but that’s not what I’m talking about here. No, sometime today, in the heart of New York City, in the back of a humble bar room, Laszlo Hanycez’s heroic contribution is going to be honored with something else — a simple metal plaque that represents his induction into the Bitcoin Hall of Fame.Officially launching at Pubkey Bar and…

StakeStone officially announced the introduction of the USD1 Vault, a decentralized finance product created in partnership with CIAN Protocol and supported by World Liberty Finance (WLFI). The vault will allow access to fixed on-chain yield via the USD1 stablecoin. $1 is 1:1 backed with U.S. Treasuries custodied by BitGo and has transacted more than $2.1 billion in issuances across leading exchanges such as Binance, Bitget, and HTX. Big news. We have just launched the USD1 Vault – built by us, powered by @CIAN_protocol, and backed by @worldlibertyfi.This isn’t just another vault.It’s your gateway to real yield from one of the…

Ethereum’s price action produced a strong bullish signal. ETH has surged past the $3,000 mark with increasing volume and steady momentum following months of consolidation between $2,500 and $2,800. The formation of a rarely seen technical signal is the cross of the 100-day EMA over the 200-day EMA, which is even more bullish than the breakout alone. The traditional golden cross, in which the 50-day EMA crosses above the 200-day EMA, is the focus of most traders’ attention, but the 100/200 cross is a completely different animal. It indicates not only medium-term bullishness but also the potential for a structural…

Over half of investors that Russia considers qualified enough to assign money into crypto assets have already purchased cryptocurrencies, a new survey shows. Most of those who haven’t tried it yet would like to do so in the future, according to the poll that also found that they prefer to convert Russian rubles into digital coins. 90% of qualified Russian investors attracted to crypto A sizable majority of Russian investors allowed to legally trade crypto have either acquired cryptocurrencies like Bitcoin (BTC) or plan to do that. That’s according to a recent study carried out amid a growing crypto turnover…

Paul Atkins, the newly appointed chair of the US Securities and Exchange Commission, has removed Erica Williams from her role as head of the Public Company Accounting Oversight Board (PCAOB). The decision brings an abrupt end to a reform-heavy tenure and marks a clear turn in Washington’s approach to market oversight. Williams, a former SEC lawyer and the first Black woman to lead the PCAOB, confirmed to staff on Tuesday that Atkins had asked her to step down. Her last day will be July 22. Her departure is more than just a change in leadership; it signals the rollback of…