Author: NBTC

Peter Schiff Challenges Bitcoin Valuation Claims After Price Weakness Economist and gold advocate Peter Schiff renewed his criticism of bitcoin on June 23, targeting the narrative that recent price drops have made the asset inexpensive. His critique focused on the absence of traditional valuation metrics. Schiff questioned how investors determine value for an asset that does not generate earnings, yield, or measurable economic output. “Bitcoiners claim bitcoin is cheap. Cheap relative to what? Maybe relative to its bubble high, but not relative to its historic lows,” he wrote, asserting: “With no earnings, yield, book value, or productive use, bitcoin has…

Metaplanet has reiterated that share buybacks remain a potential capital allocation tool after its mNAV ratio fell to 0.92x, a level the company says could support accretive purchases for shareholders. According to a June 9 post from Metaplanet CEO Simon Gerovich, Bitcoin Yield remains the company’s primary performance metric, with capital allocation decisions evaluated through their impact on bitcoin per share. $BTC Yield is our primary KPI, and our capital allocation is focused on maximizing it for shareholders. Share buybacks are a core element of our Capital Allocation Policy (established October 28, 2025). As disclosed, when mNAV is below 1.0x…

Instead of selling everything, each validator would choose a set of subnets to support, much like picking holdings for a fund. The yield that would have been sold is reinvested into the chosen subnets, held as a basket that compounds over time, and staked back to the validator. Stakers still get their yield and can cash out to $TAO whenever they want. Such a mechanism stops the constant selling pressure and turns it into net buying that supports subnet prices. Validators turn from passive yield pipes into active curators, since subnets they back attract fresh capital, while those they judge…

Crypto cards are one of the most active sectors in the space, so far defying the sluggish trading sentiment. Recently, crypto card platforms reported a peak in weekly top-ups from users. Crypto card top-ups and payments signal a new spike of activity, leading influencers to talk about “crypto card summer.” In June, 10 crypto native projects showed peak volumes in terms of usage and transactions. The trend continued in the first week of July, where the top 5 projects kept setting new usage records. As Cryptopolitan reported earlier, crypto card spending broke above $10B, while remaining one of the best…

Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen. This pressure will come from the need to satisfy users’ desire for faster speeds or more block space for higher throughput, Chen told Cointelegraph’s Chain Reaction podcast on Monday. “In our mind, it’s essentially about finding scaling opportunities without compromising the fundamental pillars that define what a blockchain is,” he said. With blockchain adoption accelerating due to institutional adoption and agentic AI finance, this tension is about to be tested on a much larger…

Strategy (formerly MicroStrategy) shares slid under the $100 mark during Wednesday trading, breaking a level that had held since March 2024. The stock touched $99.50, down 4.18% intraday, according to market data. For a company whose identity is now entirely tied to its 847,363 Bitcoin stack, the break below triple digits signals more than a simple price move — it resets the conversation around Bitcoin treasury companies and the premium investors assign to leveraged $BTC exposure. Strategy holds roughly 4% of the total Bitcoin supply, accumulated at an average cost of $75,651 per coin. With $BTC trading substantially below that…

BlackRock is closely watching Wednesday’s May U.S. inflation report for the first clear signal of how the U.S.-Iran conflict is feeding into already sticky prices. “We look to May U.S. inflation figures for a clearer read on how the Mideast conflict energy shock is impacting already sticky inflation. The full breadth of the shock has yet to show and will depend on how it evolves,” BlackRock Investment Institute said in its weekly market commentary. The U.S. consumer price index (CPI) for May is scheduled for release on Wednesday at 08:30 am ET. Economists polled by Reuters forecast that the CPI…

One of the most peculiar on-chain configurations in recent months is being displayed by Shiba Inu. Exchange-related data indicates that actual selling activity among $SHIB holders is remarkably low, despite ongoing weakness on the price chart and a wider downtrend that is still in place. Shiba Inu back to exchanges The number of exchange depositing addresses is currently only 7, according to the most recent on-chain metrics. Practically speaking, this indicates that only a small number of distinct addresses are actively transferring $SHIB to exchanges, which are the usual venues for token sales. The figure indicates a very low level…

Binance co-founder and CEO He Yi announced on social media platform X that the cryptocurrency exchange has paid over $1.2 billion in interest to stablecoin depositors since 2022. The payments were distributed through Binance Earn, the exchange’s suite of yield-generating products. Binance Earn and User Returns Binance Earn allows users to deposit various cryptocurrencies, including stablecoins, to earn interest or other rewards. He Yi emphasized that the value returned to users is a core priority for the exchange. ‘Helping them access the market and utilize their assets is what creates long-term opportunities,’ she stated in her post. The $1.2 billion…

SodaBot, a smart operating system (OS) and multi-agent Artificial Intelligence (AI) framework, has made a partnership announcement with SumPlus, a decentralized, AI-powered Web3 protocol. The primary purpose of this partnership is to improve efficiency, automation, and asset security across the AI ecosystem. Both platforms have been working in the digital market for a long time and have a strong and satisfactory place within the ecosystem. SumPlus offers a composable financial stack and a secure skills marketplace for on-chain AI agents. SodaBot has shared this news on its official X account. SodaBot 🤝 @SumPlusReal🔹 SodaBot: Autonomous Agent Routing & Cognitive Execution…