Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Strive’s Bitcoin linked preferred stock SATA is emerging as a key credit market instrument while its common equity ASST gains traction in public markets, reshaping how institutions finance large Bitcoin treasuries through yield bearing securities rather than straight spot purchases. In a post on X, MicroStrategy executive chairman Michael Saylor wrote that “the most interesting story in Bitcoin ($BTC) right now is the rise of $SATA in the credit markets and the embrace of $ASST by the equity capital markets,” pointing squarely at Strive’s Bitcoin treasury strategy as a bellwether for the next stage of institutional adoption. SATA is Strive’s…
Ethereum price today: $2,130 Ethereum holds above $2,100 following President Trump’s statement that the US is in the final stages of negotiations with Iran. US sentiment in Ethereum continues to decline following a seven-day outflow streak in $ETH ETFs. Bulls are defending the $2,108 support level. Ethereum ($ETH) holds above $2,100 on Wednesday following the latest developments surrounding the US-Iran crisis. US President Donald Trump said that the country is in the final stages of negotiations with Iran, but warned of further attacks if a deal isn’t reached. “We’re in the final stages of Iran. We’ll see what happens. Either…
Nasdaq-listed Solmate Infrastructure, a Solana-focused treasury and infrastructure company, has raised about $11.4 million via a registered direct offering of Class B common stock. According to Businesswire, Solmate Infrastructure is issuing a total of 2,298,000 shares of Class B common stock in a registered direct offering priced at $4.97 per share. The company expects to raise approximately $11.4 million in gross proceeds before fees and expenses, with the transaction structured as a directed placement led by its new CEO and a board member at what the company describes as a premium to the recent market price. Solmate is proud to…
Cardano founder Charles Hoskinson has warned that Input Output Global (IOG) will not resubmit its research proposal if delegated representatives (DReps) reject it. Hoskinson made the remarks after DRep YUTA announced an abstention, citing concerns about wasteful treasury spending while acknowledging the potential risks of rejecting the proposal outright. Key Points Charles Hoskinson warned that Input Output will not resubmit its research proposal if DReps reject it. Cardano DRep YUTA announced an abstention vote on the proposal, citing concerns about wasteful treasury spending. Hoskinson warned that proposal failures could lead to layoffs and permanently weaken $ADA if Cardano loses its…
South Korean Candidate Kim Nam-guk Faces Election Law Probe Over Crypto Declaration Discrepancy
Kim Nam-guk, a candidate for the Democratic Party of Korea in the upcoming June 3 parliamentary by-election for the Ansan Gap district in Gyeonggi Province, is facing allegations of violating the Public Official Election Act. The accusations stem from a reported discrepancy in the declaration of his cryptocurrency holdings between two separate official disclosures. Discrepancy in Asset Declarations According to a report by The Fact, Mr. Kim submitted an asset declaration to the National Election Commission on May 14 for the by-election. This document reported total assets of approximately 357.44 million won (about $263,000), including 350 million won ($257,000) in…
Robinhood, the popular commission-free trading platform, has announced the addition of $VVV for spot trading on its platform. The listing marks the latest expansion of Robinhood’s cryptocurrency offerings, providing its user base with direct access to the $VVV token. What the Listing Means for Traders The addition of $VVV to Robinhood’s spot market allows users to buy, sell, and hold the token directly through the app. This move is significant for retail investors who prefer the convenience of a single platform for both traditional equities and digital assets. Robinhood’s user-friendly interface and large retail user base could drive increased liquidity…
Laszlo Hanyecz, a programmer, created history on May 22, 2010, when he spent 10,000 Bitcoin on two pizzas. The trade was valued at about $41(market cap under US$1M) at the time. According to Binance, the 10,000 Bitcoins would be valued well over $700m (market cap over US$1.5T) now. In August 2025, when $BTC price was at an all-time high of $126k, the coins would be worth more than $1 billion. The amount now represents over 22 days of current issuance, given today’s block subsidy of approximately 450 $BTC per day. Major price milestones for Bitcoin have been reached amid dwindling…
U.S. spot Ethereum exchange-traded funds recorded a net outflow of approximately $28.1 million on May 20, marking the eighth consecutive trading day of withdrawals, according to data compiled by Farside Investors. The persistent selling pressure reflects ongoing caution among institutional investors toward the second-largest cryptocurrency by market capitalization. BlackRock and Fidelity Lead Outflows The largest single-day outflow came from BlackRock’s ETHA fund, which saw $30.9 million exit on May 20. That decline was partially offset by a $4.4 million inflow into BlackRock’s separate staking-focused ETHB product. Meanwhile, Fidelity’s FETH fund recorded a net outflow of $1.6 million, continuing a pattern…
Amundi Solana UCITS fund SAFO launches as Europe’s largest asset manager brings €2.4 trillion AUM to the chain. Amundi, managing €2.4 trillion in assets, and Spiko Finance announced the launch of SAFO on Solana, bringing their UCITS-compliant tokenized fund to its eighth blockchain. Spiko Finance acts as transfer agent, tokenization platform and broker, while CACEIS, Amundi’s custody affiliate, handles depositary and fund administration. SAFO is formally constituted as a tokenized sub-fund under the legal entity of SPIKO SICAV and subject to French regulatory oversight by the AMF. The fund implements total return swap contracts with full backing from Tier 1…
Layer-1 blockchain Near’s forthcoming upgrade will allow the network to scale dynamically without human intervention. The market is giving it a thumbs-up, sending the native token’s price sharply higher. $NEAR has gained more than 27% in the last 24 hours to trade at $2.25. “Dynamic resharding is coming to $NEAR. The upcoming network upgrade will enable the protocol to add shards automatically as demand grows,” the protocol announced on X. “This delivers on $NEAR’s founding vision of building the world’s most scalable blockchain protocol at the highest level of performance.” Shards are smaller, independent partitions of the blockchain network that…