Author: NBTC

Bitcoin (BTC) smashed a fresh all-time high (ATH) of $111,814 on May 22, but the party may be over, at least for now. After rallying by more than $15,000 over the month, the king crypto has shed $9,000 in the last week alone, slipping to the $103,000 level, putting traders on edge and sparking new debate: Is this a healthy cooldown or the start of a deeper plunge? Technical Red Flags Flashing Volatility is back with a vengeance. In the last 24 hours, BTC has swung between $103,300 and $105,000, reflecting growing market uncertainty. Zooming out, it’s still up 9.1%…

GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer said in a press release published late on Thursday. Shares dropped earlier this week after the Grapevine, Texas-based firm said that it would offer investors more convertible bonds, following a similar, $1.5 billion raise in April. Although GameStop shares held ground on Friday, they fell 24% throughout the week, closing at $22.14, according to Yahoo Finance. Shares changed hands around $28.36 when GameStop said that it had the ability to start buying Bitcoin in late March. The company’s latest batch of…

The world of sports and cutting-edge technology continues its fascinating convergence. A significant development recently captured the attention of both football enthusiasts and the blockchain community: Theta Network, a platform known for its decentralized infrastructure, has officially joined forces with FC Seoul, a prominent professional football club based in South Korea. Theta Network and FC Seoul: A New Alliance Forms This exciting alliance, announced via Theta Network’s official communication channels, marks a notable step for both entities. The partnership is set to kick off for the highly anticipated 2025 season. For FC Seoul, one of the most recognized clubs in…

Bitcoin’s price will more than double within the next six months, swelling to $250,000, according to Bitcoin billionaire and BitMEX co-founder Arthur Hayes, as U.S. President Donald Trump moves away from the market-rattling impact of tariffs toward other fiscal policies. “Midterm elections are coming up in the U.S.,” he told Decrypt at Bitcoin 2025 in Las Vegas. “While the Trump administration went hard on tariffs and was taking this market pain for the last three months, that narrative has to shift.” Instead of pursuing trade policies that could weigh on economic growth and potentially hurt Americans’ ability to afford everyday…

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Circle’s stock surged again to end the week while GameStop shares swoon after another bond offering—but SharpLink Gaming’s fall takes the cake. Circle stays hot The euphoria started to ebb, but the glossy announcements kept coming—and CRCL is surging again. After last week’s massive launch, USDC issuer Circle has seen its stock reach new highs and then start to settle over the course of the week as the stablecoin was added to Sam Altman’s World Chain. By late Thursday, it looked as…

President Donald Trump is hosting a crypto dinner tomorrow for the top 220 holders of his official meme coin, leading to considerable political outrage from a growing group of critics. Four U.S. lawmakers—along with representatives of watchdog groups Public Citizen, Citizens for Responsibility and Ethics, and End Citizens United—plan to hold a press conference on Thursday to demand a full release of dinner attendees’ names and “what favors they’re getting.” Prior, Senators Elizabeth Warren (D-MA) and Adam Schiff (D-CA) had demanded a probe into the event, citing risks of foreign influence given the pseudonymous nature of crypto transactions. While no…

Michael Saylor, one of the biggest Bitcoin bulls, hinted in his statement that he will buy BTC again tomorrow, as a Sunday classic. In this post, which he posts almost every Sunday, Saylor pointed to the “orange dots” that mark each purchase on a chart showing his company Strategy’s Bitcoin purchases, and said that “orange is his favorite color,” meaning that Strategy will likely be buying BTC tomorrow. On the other hand, with the BTC price repeatedly breaking the all-time high price level record and the Strategy’s assets also increasing, the company’s current Bitcoin assets are a matter of curiosity.…

A former Ripple director suggests that Ripple’s potential initial public offering (IPO) could be a landmark event, given its estimated valuation. In an X post yesterday, Sean McBride speculated that Ripple’s recent tender offer indicates that the company is valued at $30 billion. Largest IPO in History McBride derived the estimate after Ripple disclosed plans to repurchase $700 million worth of its own shares at a fixed price of $175 each. Sources revealed that Ripple announced the buyback initiative in an emailed statement to existing stockholders. Notably, McBride derived the $30 billion estimate by multiplying Ripple’s offer of $175 per…

It’s a historic day in the cryptocurrency markets. According to market data, Bitcoin broke its all-time high price record today, reaching $109,496 on Coinbase. This new high comes 121 days after the previous record of $109,353. Bitcoin has risen 47% since bottoming at $74,508 on April 9. As a result of this rise, Bitcoin’s market dominance increased to 64.25%, while the total market value of altcoins decreased by 26.67% from its current peak. With this jump in Bitcoin price, whale activity also increased significantly: According to on-chain data, three different wallets thought to belong to the same organization or whale…

Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor and Aldermen approved the mine’s development after a 3-1 vote to rezone the targeted 50-acre site. The land will shift from B3 to B4 zoning, allowing for higher-capacity infrastructure and energy-intensive operations. CleanSpark plans to construct a 30-megawatt Bitcoin mining facility on the site. Mountain City Mayor Jerry Jordan has previously voiced cautious optimism, stating that while the mine may offer economic benefits and job…