Author: NBTC

Cathie Wood’s $ARK Invest bought nearly $53 million of Nvidia stock after the AI chipmaker pulled back from its explosive post-earnings rally, while simultaneously selling tens of millions of dollars worth of rival Advanced Micro Devices shares. $ARK acquired 243,707 Nvidia shares on Friday, Aug. 28, worth about $53 million based on NVDA’s $217.55 closing price, according to $ARK trading disclosures cited by Barron’s and other market reports. The timing stands out. Nvidia had fallen 4.6% Friday after surging the previous session on a blockbuster earnings report, giving Wood an immediate post-earnings dip to buy. But this was more than…

According to Shibburn X’s account, just $1 worth of $SHIB was sent to dead wallets where the tokens can no longer be accessed or spent in the last hour. This figure, although small, continues $SHIB’s burn activity. Shibburn’s hourly update reveals the last hour’s burn was worth $1.00, adding that “the dead wallet accepted it without complaint,” implying that burn actions remain significant, no matter how small they might seem. This hour’s burn was worth $1.00. The dead wallet accepted it without complaint.#shibburn #shib pic.twitter.com/tRxZGrZpdB — Shibburn (@shibburn) August 10, 2026 Each transfer, even if it is minute, permanently removes…

South Korean families have increased reported cryptocurrency gifts to minors by 2.7 times in a year, with transfers to children aged 18 or younger reaching 4.03 billion won ($2.8 million) in 2025. Data obtained from the National Tax Service by Democratic Party lawmaker Jung Tae-ho showed 103 reported virtual asset gifts to minors last year, up from 53 in 2024, according to a Sept. 9 News1 report. The value rose from 1.47 billion won to 4.03 billion won over the same period. The increase was even stronger among younger children. Crypto gifts to children aged 11 or younger climbed from…

Jack Yi, founder of cryptocurrency investment firm LD Capital, has issued a measured but pointed warning to traders attempting to time the market’s exact bottom, stating that Bitcoin ($BTC) must first establish a decisive break above $68,000 before any pullback can be considered shallow. Yi’s $68K Threshold and Correction Forecast In a post on X (formerly Twitter), Yi explained that if Bitcoin can break above $68,000 with conviction, any subsequent correction is unlikely to be severe. However, he cautioned that even after clearing that level, a final corrective move could still occur, potentially bringing $BTC down to around $55,000. This…

CME Group has pulled back the curtain on a new set of benchmarks designed to give Wall Street a clearer read on the crypto market as a whole, rather than just tracking Bitcoin or Ether in isolation. The exchange operator and its index partner, CF Benchmarks, rolled out two multi-asset crypto indices on August 31, 2026, marking a shift from single-coin reference rates toward broader, market-wide benchmarks that institutional investors have reportedly been asking for. Key takeaways CME Group and CF Benchmarks launched the CME CF Crypto Market Index and the CME CF Emerging Crypto Index on August 31, 2026,…

The Optimism Foundation has confirmed that its OP token buyback program will be reviewed for continuation once the initial 12-month period concludes. The update, reported by BeInCrypto, provides clarity on the program’s future after a sharp decline in monthly buyback volumes. Program Overview and Initial Execution Launched in January, the buyback initiative was designed to use up to half of the Superchain revenue to purchase OP tokens each month. The foundation has executed three buybacks to date: January saw 1.57 million OP purchased, March recorded a high of 6.95 million OP, and April dropped to just 926,000 OP — an…

Europe’s securities regulator has warned that growing links between crypto and traditional finance could increase the risk of shocks spreading across the broader financial system. In its latest risk monitoring report published Thursday, the European Securities and Markets Authority (ESMA) called for closer monitoring of the “growing linkage between increasingly vulnerable crypto-asset markets and the broader financial system.” ESMA pointed to growing adoption of tokenized equities and recent decentralized finance (DeFi) exploits as areas that could deepen links between crypto and traditional markets and increase the potential for financial spillovers. ESMA risk indicators for EU financial markets. Source: ESMA The…

Hyperliquid Labs, the operator of one of crypto’s busiest decentralized derivatives platforms, is reportedly closing in on a deal that would let American traders access crypto perpetual futures tied to its markets for the first time. According to Bloomberg, the arrangement would run through Payward, the parent company of Kraken, using its regulated subsidiary Bitnomial as the U.S. gateway. If it clears regulators, the deal would mark a rare bridge between a decentralized exchange and the tightly supervised world of American derivatives trading. Key takeaways Hyperliquid Labs and Kraken parent Payward are in advanced talks to offer crypto perpetual futures…

An early Bitcoin investor who held 5,000 BTC for over a decade has fully exited their position, selling the final 1,000 coins approximately two hours ago. The move marks the end of a 12-year holding strategy that turned a $1.66 million purchase into a $434.3 million profit. A Patient Strategy Unfolds According to on-chain analytics firm Lookonchain, the investor originally acquired the 5,000 Bitcoin 12 years ago at an average price of $332 per coin. For years, the wallet remained dormant, a hallmark of the early adopters who accumulated Bitcoin when it was still a niche digital asset. The selling…

MSX, a real-world asset (RWA) platform, has launched its third pre-IPO investment offering, giving eligible users access to tokenized shares of Neuralink and Anduril. The subscription window runs from Aug. 31 to Sept. 6, with allocations tied to assets held on the platform. Offering Details and Valuation According to MSX, Neuralink is offered at a $42 billion valuation, with a total offering size of $3 million and a subscription price of 219 $USDT per token. Anduril, meanwhile, is priced at a $115 billion valuation, also with a $3 million offering size, at 130 $USDT per token. These figures reflect the…