Author: NBTC

Silo Pharma has secured a key pillar of its digital asset strategy by partnering with institutional custodian Fireblocks, triggering a 22% stock surge as investors appear to endorse the move to secure its Bitcoin and Ethereum treasuries. Summary Silo Pharma stock jumped 22% after naming Fireblocks as custodian for its crypto treasury. The company launched its digital asset strategy in August, targeting Bitcoin, Ethereum, and Solana. Initial purchases of ETH and SOL have already been staked to generate yield. According to a press release dated Sept. 23, the Nasdaq-listed biopharma firm has tapped Fireblocks as the custodian for its institutional…

A Republican congressman is pushing to legally codify an executive order recently signed by President Trump regarding retirement plans and alternative assets, in a move that could further push 401(k) providers to open the door to Bitcoin and other cryptocurrencies. Rep. Troy Downing (R-MT), a freshman congressman who has embraced crypto as a favorite issue this year, will introduce a bill Tuesday that would codify President Trump’s August executive order on crypto and 401(k)s into law, a representative of the lawmaker confirmed to Decrypt.  The one-page bill, dubbed the Retirement Investment Choice Act, would simply grant the president’s order “the…

Crypto Black Friday’s record liquidations erased $19 billion in positions, exposing transparency gaps between centralized and decentralized venues. As Binance stumbled, Hyperliquid held firm, making the 10.10 crash crypto’s biggest stress test since FTX. The crash and Binance’s recent listing controversy underscored one growing theme: the cost of centralization and the appeal of open systems. The Crash That Shook Trust Latest UpdateBloomberg reported that Hyperliquid processed over $10 billion of the $19 billion in liquidations while Binance suffered outages and refunded users. The DEX maintained 100% uptime, proving its resilience during extreme volatility. Background ContextBitwise CIO Matt Hougan noted that…

Institutional interest in Bitcoin is shifting beyond passive exposure as infrastructure for yield generation and decentralized finance (DeFi)-style activity. With new platforms like Rootstock and Babylon building bridges between Bitcoin and yield-bearing protocols, some asset managers and corporate treasuries have begun to view the asset as something more than digital gold. “People holding bitcoin BTC$107,305.13 — whether on balance sheet or as investors — increasingly see it as a pot just sitting there,” said Richard Green, director of Rootstock Institutional, a new team set up by the Bitcoin sidechain project to focus on the institutional market. “They still want it…

Ethereum is showing renewed resilience after a sharp retreat from its recent $4,758 high, with price action suggesting growing market confidence. On the 4-hour chart, ETH trades around $4,164, attempting to reclaim short-term moving averages. The recovery coincides with rising futures activity and improving exchange flows, both hinting at a potential rebound phase forming after weeks of consolidation. Buyers Defend the $3,940 Support Zone Significantly, Ethereum has maintained strong defense above the $3,940–$3,950 zone, which aligns with the 0.382 Fibonacci retracement. This level has served as a key base since early October, preventing further downside moves. Holding above it reinforces…

Earlier this year, some reports suggested that China might be changing its tune on crypto due to some cryptocurrency in Hong Kong. However, according to a Tuesday report by Caixin Global, Beijing regulators have ordered local tech and financial firms to scale back their crypto activities. Crypto mirage Earlier this year, Hong Kong, one of the world’s biggest financial centers that also boasts the biggest number of skyscrapers, emerged as a new hotspot for cryptocurrency activity. Chinese mainland tech and financial firms rushed to join the hype in order to experiment with stablecoins and tokenization in accordance with the region’s…

Binance has finalized its long-delayed acquisition of South Korea’s Gopax exchange, clearing regulatory hurdles that had stalled the deal for over two years. Summary Binance has completed its long-delayed acquisition of Gopax after FIU approval. The deal allows Binance to re-enter South Korea’s crypto market after a four-year gap. Gopax will finalize user compensation and expand services with Binance’s backing. Binance is finally on its way to re-enter the South Korean market after the acquisition, which has been on the works for years now. According to a report by Maeli Business Newspaper on Oct. 16, South Korea’s Financial Intelligence Unit…

Jack Dorsey, founder of Twitter and the creator of decentralized apps like BitChat and White Noise, likes the idea of having a decentralized GitHub. On X, a developer shared a screenshot of his suspended GitHub account. He said, “My GitHub account got suspended.” A second dev responded, saying there should be a distributed version to prevent suspensions. Jack Dorsey replied to this with a “Yes.” yes. https://t.co/TYv9OnLhXY — jack (@jack) October 15, 2025 Dorsey pushes for a blockchain based GitHub It’s obvious that Dorsey is pushing the idea of having a decentralized GitHub. But is he going to build a…

Ethereum price has formed a multi-month bull flag pattern on the weekly chart, which could position it for a potential 76% upside if a breakout is confirmed. Summary Ethereum price is down 16.7% from its all-time high. A bull flag pattern has formed on the weekly chart. ETH could potentially rally over 70% based on the pattern’s projected target. According to data from crypto.news, Ethereum (ETH) was trading at $4,120 on Wednesday morning, Asian time, dropping 6% from its Friday high of $4,382. At its current price, it is down 16.7% from its all-time high of $4,946 reached in late…

Tether Holdings, issuer of the world’s largest stablecoin, is seeking to raise as much as $20 billion in a private funding round that would value the company at roughly $500 billion, according to a report. The El Salvador-based firm is negotiating with investors to sell a 3% equity stake, a move that would place Tether among the highest-valued private companies globally, Bloomberg reported. Tether’s USDT token underpins much of global crypto trading, serving as a dollar-pegged asset used for liquidity and settlement. The company has previously drawn criticism over transparency in its reserves, though in recent years it has emphasized…