Author: NBTC

Technology platform Bakkt (BKKT) is moving to complete its transition into a pure-play crypto infrastructure firm with the planned sale of its loyalty business, the company said in a press release Monday. The Nasdaq-listed company has entered into a definitive agreement to sell the unit to Project Labrador Holdco, a subsidiary of Roman DBDR Technology Advisors. The deal, expected to close in Q3 2025, includes $11 million in cash, adjustments for working capital and debt and a short-term restricted cash loan to facilitate the handoff. “With the pending sale of our Loyalty business, Bakkt is achieving a significant milestone and…

Cribble Chat, an AI agent, has announced a strategic partnership with Imagen Network, a decentralized social platform. Cribble Chat is a decentralized network of AI agents designed for real-time community queries and insights. On the other hand, Imagen Network is an AI-powered social media network that combines AI content creation with blockchain technology to provide users with data ownership and advanced control. 🚀 Big news! Cribble is partnering up with @Imagen_Network — the first AI-powered decentralized social platform!Imagen blends powerful models like DALL·E & Stable Diffusion with blockchain to help creators generate, customize, and truly own their digital content.Together,… pic.twitter.com/keIRrGLm1e…

A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to $120,000 months ago has returned with a bold new forecast that could redefine investors’ expectations for the rest of the cycle. Using a detailed Elliott Wave structure and historical halving patterns, the expert outlines what could be Bitcoin’s final parabolic move, laying out a clear roadmap toward a new ATH target. Bitcoin Parabolic Phase Still Ahead Following Bitcoin’s explosive rise above $123,000 in a single day, crypto analyst XForceGlobal reaffirmed his earlier predictions and intensified his bullish outlook. He now asserts that Bitcoin is in the early stages…

As the floor price of CryptoPunks breaks through the $200k threshold, loan platform Gondi gets accused by traders of facilitating rafter bids online. Summary CryptoPunks floor price breaks through $200,000 mark, reaching highest peak in 2025 so far. NFT lender Gondi accused of facilitating rafter bids, using PUNKS as collateral. CryptoPunks loaner Gondi under fire The NFT lending marketplace Gondi has come under fire due to allegations that the platform has been facilitating “private loans” used to boost chandelier bids for PUNKS. One trader even accused the platform of letting one of its advisors, Gfunk, borrow ETH (ETH) using PUNKS…

Ethereum, which has spiked nearly 14% over the past week, will likely “head higher in the coming months,”as investor demand for ETH outstrips demand, according to Bitwise Chief Investment Officer Matt Hougan, Exchange-traded products based on Ethereum and treasury companies are likely to buy $20 billion of the asset over the next year, while the Ethereum network will probably produce 800,000 ETH during the same period, Hougan wrote. “That’s nearly 7x more demand than new supply—an even higher ratio than we’ve seen for Bitcoin since the spot ETPs launched in 2024,” Hougan wrote in a recent memo. “You could argue…

Last month, Bakkt submitted a shelf registration to the SEC to raise up to $1 billion for its Bitcoin strategy. Key Takeaways Bakkt plans to raise funds through a public offering of stock and pre-funded warrants. Proceeds will be used to purchase Bitcoin and other digital assets, as well as for general corporate purposes. Digital asset platform Bakkt Holdings announced on Monday that it will launch a public offering of shares and pre-funded warrants aimed at raising capital for Bitcoin investments. The NYSE-listed crypto company will give underwriters a 30-day option to purchase up to an additional 15% of offered…

The integration of blockchain technology into online gaming platforms has revolutionised the industry, offering enhanced security and transparency. As digital currencies gain traction, adopting multi-chain systems is increasingly vital for gaming operators. This approach enables a seamless experience for users and aligns with the growing demand for versatile payment options. In recent years, blockchain has become a cornerstone in the evolution of online gaming. By ensuring transaction integrity and player anonymity, it offers unparalleled benefits that are driving its adoption across various platforms. With the rise of innovative gaming platforms, there is an opportunity to leverage multiple blockchains to cater…

Bitcoin climbed past $122,000 this week, marking its fourth straight month of gains. It even touched $123,000 Monday before dipping slightly. Prices like these put the crypto asset well beyond what many everyday earners can afford. According to the Social Security Administration, the average yearly salary in the US is $66,600. That means a single coin now costs nearly twice what a typical worker makes in a full year. Bitcoin Prices Soar Past Records Based on reports from top crypto channel Altcoin Daily, high‑net‑worth individuals are being urged to act fast. The platform tweeted that millionaires should consider buying at…

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Ethereum Validator Exit Queue Tops $2B as Stakers Rush to Quit After 160% Rally Jito Launches BAM to Reshape Solana’s Blockspace Economy Ethereum Validators Signal Intention of Upping Gas Limit to 45M Dogecoin Could Soon Verify ZK Proofs Natively, Thanks to DogeOS Push Network news VALIDATOR EXIT QUEUE ON ETHEREUM BACKS UP: Ethereum’s validator exit queue posted its longest wait time on record, a possible signal stakers are looking to pull funds after…

MyShell has officially launched ShellAgent 2.0 in partnership with BNB Chain. This marks a significant leap in AI and blockchain convergence. The upgraded agent is capable of converting a single prompt into a fully functional AI application. According to the announcement, ShellAgent 2.0 delivers industry-leading performance for AI app creation and deployment. The integration with BNB Chain provides ShellAgent with on-chain query and interaction capabilities, strengthening its utility across decentralized environments. BNB Chain’s EVM compatibility, high throughput, and robust developer ecosystem made it a strategic fit for MyShell’s next-gen AI tool. AI Meets Blockchain Utility MyShell describes ShellAgent 2.0 as…