Author: NBTC

Corporate digital asset deployment stayed muted week-over-week as deleveraging continued, but investment bank B. Riley said selling pressure eased amid optimism an end to the U.S. government shutdown would lift sentiment. Despite compressed market net asset values (mNAVs), buy-rated BitMine Immersion Technologies (BMNR) led accumulation, adding roughly $360 million in ether ETH$3,543.88, the bank said in a report Wednesday. That increased its ratio to 11.2 ether per 1,000 shares, well above the 4.0 per 1,000 average of its peers, wrote analysts Fedor Shabalin and Nick Giles. Across the 25 digital asset treasuries that B. Riley tracks, median mNAV fell to…

The UK Supreme Court has rejected a $12 billion appeal that sought damages from Binance, Kraken, and other crypto exchanges over the delisting of Bitcoin Satoshi Vision (BSV). BSV Claims Limited first argued back in 2024 that a series of token delisting events cratered BSV’s value and stunted its potential growth as a Bitcoin competitor. Unfortunately, Supreme Court judges Miles, Hodge, and Rose rejected its most recent request to appeal on December 8, claiming it “does not raise an arguable point of law or a point of law of general public importance.” BSV legal claim rejected a third time BSV…

MEXC’s December Proof of Reserve shows 100%+ backing on BTC, USDT, USDC and ETH, with Hacken auditing the exchange’s Merkle Tree-based verification system. Summary MEXC’s December PoR reports reserve ratios of 141% for BTC, 126% for USDT, 127% for USDC, and 107% for ETH, all above 100% coverage. The exchange holds 5,401.59 BTC, 2.32B USDT, 126.5M USDC, and 57,457.10 ETH, secured via a Merkle Tree PoR system launched in February 2023. Security firm Hacken conducts and publishes independent monthly PoR audits as MEXC serves over 40M users across 170+ countries. Digital asset exchange MEXC released its December Proof of Reserve…

Table of Contents Rapid User Growth and MilestonesHow Does Gift Fest Work? Core Gameplay and ProgressionPrizes, Raffles, and RewardsEchoes of Tap-to-Earn and the Road to 2026Frequently Asked Questions Gift Fest has emerged as a seasonal mini-app within Telegram, drawing millions of users through its blend of casual gameplay and prize opportunities. Launched in late November 2025, the app centers on a holiday-themed festival where participants collect, merge, and level up virtual gifts to enter raffles. Built on the TON blockchain and tied to the DOGS project, which gained attention in 2024 for tap-to-earn mechanics, Gift Fest offers a straightforward way…

As Ethereum holds above the $3,000 level, projections from the Rainbow Chart suggest that by January 1, 2026, ETH is likely to trade below levels associated with market euphoria. By press time, the second-largest cryptocurrency by market capitalization was trading at $3,155, up about 1.7% over the past 24 hours. On a weekly basis, Ethereum has gained less than 1%. Ethereum price prediction For the projection, the Ethereum Rainbow Chart outlined a broad range of potential price outcomes for ETH on January 1, based on long-term historical trends and market sentiment. Notably, the Ethereum Rainbow Chart applies a logarithmic regression…

Investment bank William Blair reiterated its outperform rating on Circle (CRCL) shares after the stablecoin issuer’s third-quarter results topped both the bank’s and Wall Street estimates. The share were 3.9% lower in pre-market trading Wednesday, around $94.50. Analyst Andrew Jeffrey continues to see USDC as the likely stablecoin standard, putting Circle at the center of the programmable money revolution. While the muted market response reflects Circle’s premium valuation and limited near-term catalysts, the analyst recommends that investors use any weakness in the shares to build positions, arguing that rival proprietary stablecoins will struggle to match USDC’s scale and liquidity. Jeffrey…

Do Kwon’s legal troubles may be far from over. South Korean prosecutors say disgraced crypto founder Do Kwon could still face a separate criminal trial at home, one that may carry decades more behind bars—even after receiving a 15-year prison sentence last week in the United States for his role in the $40 billion collapse of TerraUSD and LUNA in 2022. The South Korean national may apply to the International Prisoner Transfer Program after completing half of his U.S. sentence, with American prosecutors agreeing not to oppose the request as part of his plea deal. If extradited back to South…

CME Group has launched Spot-Quoted futures for XRP$1.9313 and Solana SOL$126.83, expanding its lineup of crypto derivatives designed to trade closer to real-time market prices. The new contracts mirror the structure of CME’s existing Spot-Quoted Bitcoin BTC$86,982.70 and Ether ETH$3,008.64 futures. Unlike traditional futures, which often trade at a premium or discount due to financing costs, Spot-Quoted contracts track the spot price directly. Financing adjustments are handled separately at settlement. “We’ve seen strong demand for our current Spot-Quoted Bitcoin and Ether futures, with more than 1.3 million contracts traded since launched in June, and we are pleased to add XRP and SOL to our…

Ethereum ecosystem scaling has moved from theory to actual production-grade infrastructure. Optimistic Rollups, ZK Rollups, major Layer 1 upgrades like The Merge and The Dencun upgrade (EIP-4844), and other Layer 2 scaling solutions have helped transform Ethereum from a congested base layer into the core of a rapidly growing multi-layer ecosystem. The question is no longer if scaling for Ethereum will be possible, but what type of scaling will be implemented next? Which implementation will affect where developers build? How will rollup economics affect liquidity and value flows on-chain? Let’s take a look at some key predictions that will accelerate…

Ethereum price fell to lows of $3,034 as Bitcoin slumped below $88,000. The ETH price holding above $3,000 came as BitMine announced the purchase of 102,259 ETH last week. Bulls could ride the corporate sentiment to bounce higher. Ethereum (ETH) price showed broader weakness as it fell to the $3,000 level on Monday, with this coming amid further corporate accumulation. As Bitcoin’s dip below $88k reflects broader market weakness, the key question is whether Ethereum bulls can ride the confidence in the top altcoin’s long-term potential. BitMine Immersion Technologies’ huge purchases of ETH point to this outlook. BitMine buys another…