Author: NBTC

Strategy Reaches the Top Four Strategy Inc. (Nasdaq: MSTR) joined some of America’s largest technology companies near the top of the equity capital market after issuing $20.9 billion this year, according to a chart CEO Phong Le posted Sept. 3 on X. The ranking reinforces the company’s goal of using bitcoin, digital credit, and equity to expand its balance sheet. The graphic cited ECM Analytics, Dealogic, Capital IQ, and company filings among its sources. Le’s chart placed SpaceX first at $86.3 billion, Alphabet, Google’s parent company, second at $25.7 billion, and Intel third at $23 billion. SpaceX separately reported that…

A cryptocurrency trader has turned a $120 investment into more than $205,000 after making an early bet on the $BNB Chain meme coin NiuLai. The trader purchased 19.1 million NiuLai tokens for just $120 before the token surged in value. The wallet later sold 9.1 million tokens for approximately $25,900 while retaining 10 million tokens worth about $180,200 at the time of reporting, according to on-chain data shared by Lookonchain on August 16. Combined realized and unrealized gains stood at roughly $205,800, representing a return of more than 822 times the initial investment. On-chain data shows the trader entered the…

A new wallet recently emerged in the crypto landscape, making a substantial deposit of $700K into Hyperliquid and establishing a 6x long position on $PUMP, valued at $4.7 million. This trading activity has garnered attention as it holds potential implications for market dynamics, particularly around derivatives trading. The details were highlighted by the CryptoTwitter commentator Lookonchain. What Went Down The recent deposit of $700K into Hyperliquid by the new wallet has caught the interest of traders, especially given the 6x long position on $PUMP. As the broader crypto market shows mixed signals, this aggressive move could indicate a shift in…

Zach Pandl Says Bitcoin May Have Bottomed if the Fed Avoids Another Rate Increase Bitcoin’s bear market may be closer to its end than historic trading patterns suggest, according to Grayscale, which argues that macroeconomic conditions are becoming more important than the cryptocurrency’s traditional four-year cycle. Zach Pandl, Grayscale’s head of research, outlined two competing views on when the downturn could bottom. The first treats bitcoin’s halving schedule as the primary driver of its boom-and-bust pattern. Previous bear markets have generally reached their lowest point about one year after a cycle peak and roughly two and a half years after…

Solana’s US ETF inflows fell about 97% in the week ending Sept. 4, leaving the funds with a small positive balance as Bitcoin’s allocation pace strengthened. A separate CME positioning report showed leveraged funds becoming less net short $SOL. Together, the readings distinguish two sources of market exposure: capital entering ETF products and changes in derivatives positions. Solana’s weaker fund allocation makes that distinction central to assessing whether demand for the asset is broadening. Solana ETF inflows lagged as the weekly allocation gap widened The completed Solana ETF week brought net inflows of USD 4.9 million across the six products…

Kaito [$KAITO] has been declining over the past few days. The asset has lost roughly 57% of its accumulated gains over the past week, a trend it has continued over the past day as it lost another 11% as of writing. Notably, this downward performance, which has lasted more than a week, has been whale-driven. Source: CoinGlass The whale retail delta remained around 0.242 on the chart, as whales possibly consider the asset overvalued and are selling it until it finds fair value. Token unlock could have incentivized selling A token unlock, a periodic event where more of an asset’s…

Ripple CEO Brad Garlinghouse is again calling for the United States to become the world’s leading center for cryptocurrency. He said the goal is now closer than ever as the U.S. government moves toward new rules for crypto. Garlinghouse made the comments on September 3, responding to CFTC Chairman Michael Selig, who discussed a recent White House meeting with crypto, tech, and financial industry leaders. In his tweet, Garlinghouse remarked, “Making America the crypto capital of the world is within reach — let’s finish the job.” His comments come as lawmakers prepare to vote in September on the CLARITY Act…

In brief Brazil’s crypto market hit a record R$505.5 billion ($98.7 billion) in 2025, up more than fivefold from R$94.9 billion in 2020, according to Receita Federal data. Itaú now offers 15 cryptoassets and Nubank lists 28, while Banco do Brasil says its bitcoin and Ethereum service has moved more than R$11 million ($2.1 million) since January. Central Bank filings reviewed by Folha show zero proprietary crypto holdings at Brazilian banks as of March 2026, even as client-facing crypto shelves keep growing. Itaú, Brazil’s largest bank by assets under management, now sells clients 15 different crypto assets through its investment…

Since the October 2025 peak, Bitcoin has failed to sustain an uptrend, falling 48% from its $ATH. Amid this extended market weakness, long-term holders, especially institutions, have seen their losses skyrocket. The rising losses have pushed many of these firms to a breaking point, and they are not only capitulating but also walking away. KULRTech dumps $9 million in Bitcoin Treasuries that rushed to accumulate Bitcoin [$BTC] from late 2024 and 2025, fearing they would miss out, have found themselves operating at a loss. Others were pushed to capitulate to avoid more losses, and one such Bitcoin treasury company is…

The UAE’s Federal Tax Authority (FTA) has introduced a new framework for businesses that deal with digital currencies and VAT. For a long time, businesses conducting a taxable transaction involving cryptocurrency would simply report the crypto amount in their VAT return. However, now with the new tax framework, businesses are required to convert the value of that digital currency into UAE dirhams (AED). The main purpose of this is to ensure that the transaction can properly be disclosed for VAT purposes. Issued by the FTA, there is a three-step conversion mechanism to determine the dirham value contained in the Directive…