Author: NBTC

The note, authored by analyst Lance Vitanza and associate Jonnathan Navarrete, maintained a Buy rating on the stock. The $5 target increase was driven by upward revisions to TD Cowen’s 2026 $BTC Yield and $BTC Dollar Gain estimates after treasury activity since the last earnings call surpassed earlier models. Preferred equity issuance has dominated Strategy’s capital raises in the second quarter, with roughly $1.95 billion raised versus minimal common equity issuance. Nearly all proceeds have been deployed directly into bitcoin purchases, per TD Cowen. As a result, Strategy has already acquired more bitcoin ($BTC) partway through Q2 than TD Cowen…

Cryptocurrency analytics company Santiment has shared the projects with the most active developer communities in the yield farming sector, based on 30 days of GitHub data. According to the company’s published list, yearn.finance ($YFI) topped the list in terms of developer activity, while Aave ($AAVE) and Gearbox Protocol (GEAR) also stood out in the top rankings. According to Santiment data, some projects rose in the rankings while others declined compared to last month. Yearn.finance, Gearbox Protocol, Katana, and the Ethereum and Arbitrum versions of SushiSwap stood out in particular, showing increased developer activity. Based on developer activity over the past…

South Korea’s planned implementation of a cryptocurrency tax in January is facing mounting opposition from investors and lawmakers, who argue that taxing digital asset gains while stock market profits remain untaxed violates basic principles of fairness. The controversy, reported by The Hankyoreh, has reignited a broader debate about the country’s approach to taxing investment income. The Core of the Dispute The central argument against the crypto tax is straightforward: if the government has abolished the Financial Investment Income Tax (FIIT) on stock market gains, it is inconsistent to proceed with a tax on virtual asset income. Critics say this creates…

Britain announced Tuesday a tough new wave of sanctions aimed at disrupting the crypto and financial networks Russia uses to bypass Western restrictions and sustain its war against Ukraine. The measures target crypto exchanges, shadow finance systems, and sanctions evasion routes that the Kremlin increasingly relies on as existing penalties continue to strain the Russian economy. The new sanctions package places emphasis on the Kremlin-linked A7 network, which UK authorities say uses Kyrgyzstan’s financial infrastructure to move funds into Russia’s war economy. The network allegedly processed more than $90 billion last year through military procurement channels and oil-related transactions supporting…

Bitcoin slipped below $75,000 for the second time in May, touching an intraday low near $74,200 as the market’s recovery from spring lows lost momentum again. The first break came on May 23, when spot ETF outflows and forced liquidations pulled $BTC to below $75,000. Then, amid a sell-off in Asian markets, Bitcoin has dipped to $73,600 as of press time, with a low of $72,600. Glassnode’s May 27 report frames both moves as symptoms of Bitcoin stabilizing above its deeper-cycle support, but the market’s $75,000-$78,000 band has become a bottleneck, with spot demand, ETF flows, and options positioning all…

Automated yield protocols built DeFi’s most persuasive retail pitch that depositing into a vault was all a user needed to do, with the protocol handling everything else. For users wanting exposure to Curve’s boosted yields without manually managing $CRV locks, vote power, wrappers, gauges, and incentives, Stake DAO offered a product that packaged the full stack behind a simple interface and, in doing so, also packaged what could break. According to Blockaid, an attacker minted over 5.4 trillion vsdCRV on Arbitrum through a suspected compromise of a deployer key and began swapping tokens for $ETH. The attacker altered LayerZero-related peer…

President Donald Trump-themed $TRUMP coin is dangling luxury suite tickets to the 2026 World Cup final in a bid to arrest its severe market collapse. The initiative, organized through the “$TRUMP Coin Club,” represents the latest attempt to inject liquidity and consumer interest into a digital asset that has lost roughly 97% of its value since January 2025. However, the promotional push comes alongside quiet adjustments to the project’s legal disclosures, which explicitly warn investors that affiliated insider entities may dump their own token holdings while the marketing campaign is underway. $TRUMP’s luxury incentive amid a market collapse According to…

A New York Bitcoin lawsuit is putting a strange and potentially important question before a court: can thousands of dormant self-custodied wallets be treated as abandoned property under state law? In papers filed in the Supreme Court of the State of New York, a plaintiff identified as Noah Doe is seeking legal ownership of 39,069 abandoned Bitcoin wallets after saying he spent more than a year trying to find their owners. The filing, dated May 1, 2026, turns what could have stayed a blockchain oddity into a real property-law fight. Doe says he discovered the wallets with a self-developed algorithm,…

Someone bought Malaysian food in Sydney and accidentally made history. On May 21, a customer at a takeaway restaurant completed what appears to be Australia’s first retail payment using an Australian dollar stablecoin, processed entirely on Base, Coinbase’s Ethereum Layer-2 network. The transaction settled in seconds. No Visa. No Mastercard. No intermediary skimming a percentage off the top. Just a stablecoin called AUDD moving from buyer to seller on a blockchain, while the laksa was still hot. How the payment actually worked AUDD is issued by AUDC Pty Ltd, a company operating under Australian Financial Services License (AFSL) number 700123.…

Bitcoin (BTC) is down to around $73K amid ETF outflows and geopolitical tension. Over $2B in ETF outflows and $900M liquidations added selling pressure. The key support sits at $72,650 with RSI near oversold levels at 34.82. Bitcoin slipped below the $73,000 level as a combination of geopolitical escalation, heavy ETF redemptions, and large institutional sell pressure weighed on the market. At the time of writing, Bitcoin was trading around $73,235, after briefly touching an intraday low of $72,604 from a high of $74,490. The decline has extended a multi-week decline that has already erased more than 8% over the…