Author: NBTC

Institutional demand for Ethereum continues to build quietly, even as the asset’s price shows signs of fatigue. Summary Ethereum ETFs posted $170M in net inflows on Oct. 15, led by BlackRock’s ETHA despite ETH’s flat trading near $4,054. Technical indicators remain neutral, with RSI at 44.57, suggesting Ethereum may continue consolidating until a new catalyst emerges. Key resistance levels at $4,292 and $4,452 could trigger an upside breakout, while support near $3,938 and $3,744 defines the short-term downside risk. Ethereum is trading around $4,054, down nearly 2% on the day, with a narrow range between $4,078 and $3,940. The muted…

The treasury strategy targeting Bitcoin, Ethereum, and altcoins continues at a rapid pace. Major companies from around the world are making large purchases of various altcoins, including XRP, Solana, and BNB, in addition to BTC and ETH, with the latest news coming from China. Nasdaq-listed Chinese electric vehicle charging infrastructure company Jiuzi Holdings made a $1 billion crypto move. Accordingly, Jiuzi Holdings approved its $1 billion crypto investment policy by giving the green light to the transfer of cash reserves to cryptocurrencies such as Bitcoin. The company announced in a statement that its board of directors has officially approved the…

Kenya has passed a Virtual Asset Service Providers (VASP) law that fundamentally reshapes the regulatory landscape for digital assets in the country. In plain English: it doesn’t regulate Bitcoin the protocol or your private self-custody. Instead, it regulates companies that touch customer assets — exchanges, custodians, token issuers, investment advisors, brokers, and trading platforms. The law creates a licensing perimeter around commercial intermediaries and gives regulators enforcement teeth over that perimeter. Think of it as drawing a regulatory fence around businesses that handle other people’s bitcoin and crypto, whilst leaving individual users and peer-to-peer (P2P) transactions outside the gate. This…

Citizens has initiated coverage of SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, implying potential upside of more than 200%, the bank said in a Wednesday report. The shares were 2% higher in early trading, around $15.45. The bank’s bullish stance rests on a positive long-term view of ether’s price trajectory, forecasting ETH above $7,000 by 2026 and potentially exceeding $20,000 by 2030. The report argued that SharpLink has quickly emerged as one of the most ambitious ether ETH$4,021.96 treasury operators in the public markets. After accumulating a substantial ETH position, the company has begun…

Melee, a new prediction market startup that says speculation and betting should be as open as online discussion, has raised $3.5 million from Variant, DBA and a group of angel investors to roll out what it calls “Viral Markets.” Crypto native companies have witnessed the runaway success of Polymarket, the digital asset betting platform that grew to prominence during the U.S. election campaigns. Other novel projects to emerge include ‘Forecast Markets,’ a type of dated futures contracts launched on Clearmatics’ Autonity blockchain. Melee, which allows anyone to easily create a market on anything, sees prediction markets evolving alongside the internet…

Philippine lawmakers are considering Senate Bill 1330, a legislative piece that would mandate blockchain-based solutions to be implemented for the country’s national budget. Efforts to establish an on-chain, immutable record for the country’s budget system have intensified amid heightened public scrutiny of government spending, following a wave of anti-corruption protests demanding accountability for roughly $9.2 billion allocated to public works projects with alleged irregularities flagged by Philippine President Ferdinand Marcos Jr., as cited in a Reuters report. The bill was proposed by Senator Paolo Benigno Aquino IV in late August, with an initial appropriation worth roughly $8.6 million. Several congressional proposals in…

The Bitcoin network hashrate declined modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan (JPM) said in a report Thursday. The pullback in the hashrate follows the successive record highs seen in August and September. U.S.-listed miners that the bank tracks now account for around 38% of the global network. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. “HPC enthusiasm continued over…

Tom Lee, chairman of BitMine, appeared on Fortune, warning that the bubble surrounding digital asset treasuries may have already burst. He did not soften his message, describing the structure as one in which companies are now worth less than the coins they are supposed to represent — a situation he calls the clearest signal that “this game has started to collapse.” [ ZOOMER ]TOM LEE, CHAIRMAN OF THE BIGGEST ETHEREUIM DAT, SAYS THE DAT “BUBBLE HAS BURST”: FORTUNE — zoomer (@zoomerfied) October 16, 2025 The remarks came shortly after the crypto market experienced a $19 billion liquidation wipeout in derivatives…

Prediction market protocol Myriad is now offering USDC and Myriad Points rewards for users through a new Share to Earn model, and extending revenue sharing to developers using the Myriad Builder Ecosystem. “Myriad’s goal has always been to create a dynamic participatory model that fairly rewards all participants in its ecosystem,” DASTAN co-founder and COO Ilan Hazan told Decrypt. “Our on-chain revenue share system ensures that rewards are distributed in a transparent and inclusive manner,” he said, adding that, “We only win together.” (Disclaimer: Myriad is operated by Decrypt’s parent company DASTAN) 🪙 Introducing our new global rev share program!…

TeraWulf wants to raise $3.2 billion for commencing the next phase of developing Lake Mariner, a hybrid data center designed to mine Bitcoin and power AI. The company will raise the funds through senior secured notes, which are due within five years. TeraWulf is attempting one of the largest single debt financings by an incorporated Bitcoin mining company. TeraWulf targets institutional investors The Bitcoin mining and AI corporation said that secured notes, or a loan agreement, will be offered to qualified institutional investors. The fundraising procedure follows Rule 144A of the Securities Act in the United States. TeraWulf will provide…