Author: NBTC

Bitcoin’s next major leg down might not come from miners, ETF exodus, macro data, unknown large whales, or even wars and worsening economic conditions. Instead, it could be from the market’s largest and most famous corporate $BTC buyer if it indeed turns into a recurring seller, as many critics and experts fear. As such, we decided to ask ChatGPT about its take on the matter: how viable is the threat, and how low can $BTC go if Strategy indeed begins disposing of some of its crypto holdings to pay off dividends or other expenses? Is Strategy a Threat to $BTC’s…

The criticism had been building for months. As competing blockchains moved aggressively to try to attract developers and users, some members of Ethereum’s community questioned whether the foundation had become too inward-looking and too slow to adapt. Calls for greater transparency, clearer priorities and stronger execution grew louder, placing unprecedented scrutiny on an organization that has traditionally preferred to work in silence behind the scenes. That pressure culminated in sweeping internal changes. Over the past 7 months, nine senior members departed the Ethereum Foundation, including co-executive directors Hsiao-Wei Wang and Tomasz Stańczak, whose resignations marked the end of an experiment…

Hollywood may be embracing tokenization, but hidden or probably non-existent Matt Damon’s crypto exposure tells a different story. Despite real-world assets rapidly moving onchain, the actor has kept his personal wealth rooted in traditional real estate rather than digital assets, with his blockchain involvement remaining largely philanthropic. Public records show no evidence that Damon personally holds cryptocurrencies, stocks, or gold. Instead, his crypto connections revolve around charitable initiatives, making him something of an outlier at a time when celebrities are increasingly associated with digital assets. Crypto Partnerships Focus On Humanitarian Efforts Damon’s most recognized blockchain association dates back to Crypto.com’s…

A new wallet withdrew 180,000 $HYPE valued at $13.40 million from the Coinbase platform. Three linked wallets combined for a withdrawal of 557,406 $HYPE equivalent to $41.53 million from Kraken for subsequent staking. The trading volume of this asset recorded a 14% decrease in the last 24 hours, standing at $1.44 billion. On Thursday, June 4, the crypto market recorded a general contraction of 3.85%, a pullback that dragged several assets into red territory. In the midst of this scenario, the $HYPE token dropped 2.90%, trading near $64.00 at the time of writing. The price drop coincided with significant accumulation…

Tokenized asset specialist Ondo Finance ONDO$0.4037 has abandoned plans to build a conventional layer-1 blockchain, instead introducing a trading network it says is better suited for the next wave of onchain financial assets. Dubbed Ondo Network, the system marks a shift from the company’s February 2025 vision for Ondo Chain, a blockchain for institutional finance and tokenized real-world assets. After building its new perpetual futures platform, Ondo Perps, the firm said it concluded that a traditional blockchain wasn’t the best tool for handling the speed and privacy institutional trading requires. Ondo Perps is the first application using the network, with…

The market for tokenized stocks reached a record $2.3 billion in market capitalization in mid-July, according to Token Terminal data, nearly doubling since March, when the sector first cleared $1 billion, and the growth is showing up across every major issuer at once. On July 21 alone, Artemis data recorded all-time highs for Ondo Finance’s tokenized shares outstanding (514.5 million) and holder count (93,880), Backed Finance’s tokenized market cap ($579.4 million), and Robinhood Chain’s tokenized shares (126,720) and equity holder count (36,170). Arcus, the tokenized-stock exchange launched this month by the team behind dYdX, posted record daily perps volume of…

Arthur Hayes, a well-known figure in the cryptocurrency sector, announced on the social media platform X that he has sold all of his Zcash holdings. Hayes stated that the “Holy Trinity” of $HYPE, ZEC, and $NEAR, which he previously cited as the cornerstones of his investment thesis, has now come to an end. According to Hayes, the primary reason for selling was the “Orchard Pool” vulnerability discovered on the Zcash network. The experienced investor stated that he believed the likelihood of this security flaw leading to unauthorized token production was extremely low. However, the inability to prove that this possibility…

Malaysian authorities have dismantled three illegal Bitcoin mining operations in the Tronoh area, arresting two men and seizing 73 cryptocurrency mining rigs, according to a report by the New Straits Times. The raids were conducted jointly by local police and Tenaga Nasional Berhad (TNB), Malaysia’s national utility company, following suspicions of electricity theft at the targeted locations. Details of the Raid and Arrests The joint operation focused on three separate sites in Tronoh, a town in the state of Perak. Police confirmed that all three locations had been illegally siphoning electricity from the national grid to power the energy-intensive Bitcoin…

JPMorgan Chase, Bank of America, Citigroup and Wells Fargo are developing a shared tokenized deposit network that could bring round-the-clock blockchain payments to the regulated US banking system. Four US banks move tokenized deposits onto one network The Clearing House, a payments company jointly owned by major commercial banks, will operate the planned network. It aims to let participating institutions clear and settle tokenized deposits at any time while connecting blockchain-based activity with existing payment rails. Tokenized deposits represent claims against money held at a commercial bank. Unlike stablecoins, the underlying funds remain within the regulated banking system and receive…

Michael Saylor, the chairman of the world’s largest Bitcoin treasury firm, Strategy, has recently shared a brief story, reflecting on the tough moments in the history of the company, which have now become its strengths today. In the post, Saylor discussed how far the company has come since it continued to witness consistent market weakness, especially in 2022, when it faced its lowest moment. Strategy grows from 130,000 $BTC to 846,000 $BTC in four years In his statement, Saylor recalled that when he gave a speech in October 2022, Bitcoin was trading around $20,000 and the firm only held about…