Author: NBTC

Bitfarms, one of the largest publicly traded Bitcoin mining companies, has suspended all operations at its mining facility in Argentina. The shutdown follows a notice from its electricity supplier, Generación Mediterránea S.A. (GMSA), which informed the company that it would halt power indefinitely, effective May 12. The affected Río Cuarto site contributes approximately 13% of Bitfarms’ total mining capacity. As disclosed in its Q1 2025 MD&A report, GMSA is undergoing a financial restructuring process and has appointed advisors to manage its debt negotiations. Initially, the supplier had assured Bitfarms it could continue operations at the site. However, the sudden change…

XRP, the fourth-largest cryptocurrency by market capitalization, is attracting growing interest from institutional and retail investors in 2025. Ripple’s recently published Q1 2025 XRP Markets Report offers deeper insight into the altcoin’s performance. The report reveals a striking contrast: spot trading volumes surged, while on-chain activity on the XRP Ledger (XRPL) declined significantly. Spot Volume and Investment Flows into XRP Rise Sharply According to the report, XRP’s spot trading volume remained steady in Q1 2025, with the average daily volume reaching $3.2 billion across major exchanges. Notably, trading volume spiked at the end of January and early February. It peaked…

Nebraska’s state legislature just unanimously passed a bill that slightly restricts Bitcoin mining. It doesn’t impose any serious limits, but introduces new requirements, handicaps, and added costs to mining firms. The bill isn’t a big setback, but the unanimous vote is still noteworthy. Marathon is the only mining firm with significant operations in the state, and its reaction to these events could prove insightful. Nebraska to Restrict Bitcoin Mining Crypto regulation is sweeping all across America, as President Trump has made it a hot-button issue at both the state and federal levels. Generally, the Republican Party is more pro-crypto, but…

In a recent episode of the Empire podcast, Jeff Dorman, CIO of Arca, broke down on how to evaluate the true value of crypto assets. According to Dorman, there are three kinds of value: financial, utility, and social. Financial value comes from real revenues or cash flows. Utility value comes from how useful a token is, and Social value comes from community support. The best crypto projects should have all three, but having one or two can still be valuable. Jeff explained that even if something only has financial or utility value, it still holds some worth. But if it…

After the Royal Government of Bhutan quietly rearranged portions of its bitcoin holdings—holding 7,486 BTC on May 2—some 4,576 BTC has since returned to its reserves, bringing the kingdom’s total stash to 12,062 BTC ten days later. Meanwhile, North Korea’s Lazarus Group has been actively trimming its holdings, falling below Bhutan in the hierarchy of nation-state bitcoin reserves. Bitcoin Nation-State Rankings Shift as North Korea Slips Roughly 57 days ago, North Korea ranked as the third-largest sovereign bitcoin holder. On March 16, Kim Jong Un’s Lazarus Group—an infamous hacking unit tied to the regime—held 13,562 BTC. Since then, the hacking…

Crypto artist Emily Yang, known online as pplpleasr, hasn’t given up on her plans to make blockchain-powered filmmaking happen. Her streaming and crowdfunding startup Shibuya — which raised $6.9 million back in 2022 and counts a16z and Variant Fund among its investors — launched this week. Shibuya is hosting five pilots as part of its “Season One” and will ultimately let viewers decide if they want to further fund those projects with fiat currency donations that go entirely to the filmmakers (and supporters get refunds if the target amounts aren’t reached). While Shibuya’s site doesn’t mention crypto, it’s in the…

XRP staking might not exist in the traditional sense, but one community voice has demonstrated that there’s still a way to earn yield natively on the XRPL. In a detailed case study posted on X, XRP community commentator “All Things XRP” documented an experiment to determine whether XRP holders can earn passive yield without leaving the XRP Ledger. The user aimed to answer the popular inquiry concerning staking and earning yield on idle XRP. Since XRP doesn’t support native staking like Ethereum, the experiment focused on Doppler Finance. Notably, the platform offers DeFi yield strategies directly on the XRPL without…

In just one hour, Bitcoin (BTC) experienced a sudden brutal liquidation event. The total liquidations hit $32.31 million. Of that, $31.03 million came from long positions and only $1.29 million from shorts – a difference of over 3,100% favoring one side, according to CoinGlass. This liquidation occurred as part of a larger trend on the cryptocurrency market. Over the past 24 hours, $483.01 million worth of positions were liquidated across assets, including $255.37 million from long positions and $227.64 million from short positions. While the imbalance was less extreme throughout the day, it still reflected a market with a stronger…

Sol Killer (DAMN), a meme coin based on Shiba Inu blockchain Shibarium, announced that it has burned more than 10,000 Bone ShibaSwap (BONE) tokens. The official X account of DAMN shared the development yesterday, emphasizing that its burn mechanism has succeeded in permanently removing 10,197 BONE from circulation. 10,197 $BONE has been burned.https://t.co/1PBBZ8NgxN$DAMN, Burning never stops!#SolKiller #Shibarium #ShibariumMemecoin pic.twitter.com/1QxVuzNRFh — DAMN (@DAMNsolkiller) May 5, 2025 Notably, data from Shibariumscan also confirms that the Sol Killer project has burned 10,197 BONEs alongside 189.47 million of its native token, DAMN. Here’s How Sol Killer Is Burning BONE In a follow-up blog post,…

Synternet has teamed up with Hive Intelligence. This partnership marks the start of edge-powered, real-time blockchain data for developers and AI agents everywhere. Synternet x @Hive_Intel 🤝Real-time, LLM-ready blockchain data meets decentralized compute.With Hive now integrated, we’re powering AI workloads at the edge, fueling high-performance compute for the open agent economy. pic.twitter.com/vYzwixnup1 — Synternet (@synternet_com) May 12, 2025 Unlocking the Open Agent Economy This partnership brings Synternet’s goal of developing the world’s first marketplace for on-demand, AI-targeted real-time blockchain data into clearer view. This alliance leverages Hive’s decentralized intelligence and compute system, powering high-speed edge AI workloads and making scalable…