Author: NBTC

Marathon Digital’s latest production update shows self-mining hash rate rising to 31.5 EH/s, underscoring how aggressive the largest public miners remain after the halving. TL;DR Marathon reported a self-mining hash rate of 31.5 EH/s. The update points to continued ASIC fleet expansion after the Bitcoin halving. Large miners are leaning on scale as margins become harder to defend. The post-halving mining market is not gentle. Block rewards are lower, energy costs still matter, and less efficient operators are under pressure. Marathon’s response is scale: more machines, more hash rate, and a stronger attempt to defend production share. Scale Becomes The…

Patrick Shyu, the controversial content creator widely known by his online moniker “TechLead,” has announced that he has sold his entire cryptocurrency portfolio. The former Google Tech Lead for YouTube app architecture, who later served as a staff software engineer at Meta, revealed this in his most recent YouTube video. The announcement comes amidst a broader crypto market downturn. Bitcoin recently breached the critical $60,000 threshold. “I sold all my Bitcoin, and I suffered absolutely massive financial losses,” Shyu revealed. “If you told me a year ago I’d be saying this out loud on camera, I’d have laughed in your…

A coalition of thirteen European cloud providers and industry groups published a joint statement endorsing the European Commission’s push to wean the continent off American technology infrastructure. The signatories include OVHcloud from France, Germany’s Nextcloud, and Switzerland’s Proton, all throwing their weight behind policy changes that could reshape how European governments buy cloud services. The timing is not accidental. The European Commission is expected to roll out revised procurement rules that would give preference to EU-based cloud providers for sensitive government contracts, particularly in cloud and AI projects. The market gap is enormous US cloud giants, specifically Amazon Web Services,…

A prominent early investor in Shiba Inu ($SHIB) has been steadily reducing their position over the past month, selling approximately 3.8 trillion tokens worth around $20.73 million, according to on-chain data reported by blockchain analytics firm EmberCN. From $13,700 to Billions: The Whale’s Journey The investor originally purchased a staggering 103 trillion $SHIB tokens in 2020 for just 37.8 $ETH — valued at roughly $13,700 at the time. That initial bet placed the whale in an extraordinarily advantageous position when $SHIB’s market capitalization exploded in 2021, pushing the value of their holdings to a peak of approximately $9.1 billion. At…

Recently, Grayscale highlighted the impressive capabilities of Sui Network, stating it can process 300,000 transactions per second with no hard ceiling on scalability. This assertion was shared in a tweet by Grayscale, underscoring the potential impact of Sui’s technology on the blockchain landscape. You can view the original tweet here. Breaking It Down The broader crypto market remains in a state of flux, with mixed signals emerging across various assets. Within this environment, Sui Network’s announcement of its high transaction capacity stands out as a significant development. By processing up to 300,000 transactions per second, Sui positions itself as a…

The Central Bank of Russia just escalated its legal war with Europe. On May 25, the CBR filed its second lawsuit with the General Court of the European Union, this time targeting a regulation that allows the bloc to channel proceeds from frozen Russian assets into a €90 billion ($105 billion) loan package for Ukraine. The first lawsuit, filed in March, challenged the indefinite freeze itself. This one goes further, arguing that actually spending the money crosses a different legal line entirely. What’s actually at stake The EU has held approximately €210 billion ($244 billion) in Russian sovereign assets frozen…

On-chain data shows that Ripple has burned up to $539 million worth of $RLUSD in the past 30 days, with most of these burns occurring on the Ethereum network. The Ripple stablecoin, $RLUSD, has continued to record impressive growth since its launch in December 2024. Interestingly, recent developments suggest Ripple may be pivoting more toward the $XRP Ledger while reducing the stablecoin’s supply on Ethereum. Ripple Burns 539M $RLUSD in 30 Days According to data sourced by a community-driven $RLUSD tracker developed by validator Vet, Ripple has burned $539 million in $RLUSD since May 23, 2026, with burns outpacing mints…

Bitcoin may fall to a bottom price of 42,000-44,000. $BTC is currently trading within the $61.4K mark. Jiang Zhuoer, a prominent Chinese Bitcoin miner and veteran market watcher, believes the current Bitcoin bear market could reach its final bottom between October and December 2026, with $BTC potentially trading in the $42,000–$44,000 range. The outlook is based on the behaviour of Strategy’s mNAV ratio, a metric that compares the company’s market value to the value of its $BTC holdings. According to him, mNAV has fallen to 0.72, approaching the cycle low of 0.7 recorded on May 11, 2022, during the previous…

U.S. spot Ethereum exchange-traded funds (ETFs) recorded a net inflow of approximately $29 million on July 2, marking the second consecutive day of positive flows, according to data from Farside Investors. The sustained inflow signals steady institutional appetite for direct exposure to Ethereum through regulated fund structures. Fund-level breakdown shows mixed flows BlackRock’s ETHA led the day with $29.7 million in net inflows, accounting for the vast majority of the total. Fidelity’s FETH added $0.8 million, while VanEck’s ETHV contributed $1.2 million. On the outflow side, Grayscale’s ETHE recorded a net outflow of $2.7 million, partially offsetting the gains from…

$USD1’s circulating supply expanded 9.7% over the past seven days to $4.85 billion, a 100th-percentile move on the World Liberty Financial-issued stablecoin’s three-month supply history. The dollar increase works out to roughly $427 million in new tokens between Monday last week and Sunday, according to DefiLlama’s stablecoin tracker. $USD1’s 30-day change is under 1%, so nearly the entire move happened in the past nine days, after a mid-June low of $4.34 billion. The asset is now the fourth-largest dollar-pegged stablecoin, behind Tether, USDC and Sky’s USDS. $USD1 circulating supply, March 25 to June 22, 2026. Trough $4.34B on June 13;…