Author: NBTC

Empery Digital commits $65M for a 25% stake in a Midwest AI data center project targeting up to 300 MW capacity. The firm continues reducing exposure to its Bitcoin treasury after sales and shareholder pressure, holding 2,914 $BTC. It is also phasing out its Bitcoin dashboard as it reallocates capital toward AI infrastructure and compute demand. Empery Digital has agreed to invest $65 million in a Midwest data center project focused on artificial intelligence workloads, signaling a shift in capital allocation after volatility in its Bitcoin treasury performance. Originally rebranded from Volcon Inc in 2025, Empery Digital expanded its Bitcoin…

The leading cryptocurrency, Bitcoin, recorded a weekly candlestick below its critical 200-week moving average (WMA) for the first time since October 2023. According to market experts, the 200-week moving average is historically considered the ultimate “line” separating bull and bear markets. Therefore, when Bitcoin falls below this level, it is accepted that there will be a change in the long-term trend, and it is predicted that this break could determine Bitcoin’s next price movement. Furthermore, Bitcoin also recorded its worst monthly close since June 2022. Despite Bitcoin falling by approximately 20% in June (its worst monthly performance since June 2022),…

The $ETH/$BTC ratio prices Ethereum in Bitcoin instead of dollars, stripping out the market-wide move so you can see which of the two is actually winning. Here is what the ratio measures, how to read it, what drives it, and why it has fallen to multi-year lows. Table of Contents What the ratio actually measures Why traders watch it How to read a rising or falling ratio A worked example Where the ratio has been, and where it is now What drives the ratio up and down How to use the ratio without overreading it Frequently Asked Questions The $ETH/$BTC…

India’s $USDT premium has turned local enforcement into a live price signal for dollar access. A stablecoin premium report said on June 29 that a supply crunch pushed India’s local premium above 8.5%, with $USDT quoted around INR 102.88 while USD/INR closed near INR 94.65. That spread is far above the usual 3% to 4% premium range cited in the report. It points to an India-specific shortage of accessible dollar-linked crypto liquidity, with the extra cost falling on buyers who still need rupee routes into $USDT. Global market data for Tether USDt showed the token trading around $1 on June…

Hyper Foundation will allocate about $10 million in grants to help builders affected by the USDH sunset. The funding is meant to cover migration and wind-down costs as the Hyperliquid ecosystem moves more trading activity toward $USDC. “Hyper Foundation announced approximately $10 million in grants to help builders affected by the USDH sunset, covering migration and wind-down costs,” Wu Blockchain said. The post said eligible recipients include HIP-1 and HIP-3 deployers, HyperEVM protocols, USDH bridges and Native Markets. Hyper Foundation Allocates $10M in Grants to Support USDH Migration Hyper Foundation announced approximately $10 million in grants to help builders affected…

Several firms have even asked if OXK, which obtained a MiCA license from Malta over a year ago, would acquire them, simply because they can’t afford the cost of compliance, he said. Do what it’s designed to do MiCA first took effect on June 30, 2024, with rules governing stablecoins. The full body of regulations kicked in six months later, though firms with existing registrations were grandfathered in until July 1 this year. MiCA licenses, issued by a national regulator, permit companies to operate throughout the European Economic Area (EEA), which comprises the 27-nation European Union as well as Norway,…

J.P. Morgan has expanded the number of currencies supported by its Kinexys blockchain payments platform, a move that could make it easier for multinational companies to move money between countries at any hour of the day. The bank added the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi and Singapore dollar to Kinexys’ Blockchain Deposit Account network, a feature that lets clients move tokenized bank deposits over the platform. The new additions join the U.S. dollar, euro and British pound, giving institutional clients access to eight currencies for blockchain-based settlement and foreign exchange. The announcement comes as banks look…

Bitcoin most recently experienced a nearly 20% drop in June, closing below its 200-week moving average for the first time since 2022. With $BTC falling below $58,000 in the recent decline, investors have pinned their hopes for a rise on the coming days and months. At this point, investors are wondering how Bitcoin will perform in July. Does Bitcoin like July? How has it performed in previous Julys? Let’s look at the answers to these questions. How Did Bitcoin Perform in Previous July Months? When we look at Bitcoin’s performance over the years and months, we notice that certain months…

Edel said it detected and contained the exploit, then paused all of its version-one contracts, which remain frozen, and warned users not to interact with them. The team added it had traced the attacker’s transactions and is coordinating with exchanges, and that it has offered the attacker a whitehat settlement, a deal that lets a hacker return most of the funds in exchange for a fee and no legal pursuit, within a set window. No depositor will take a loss, Edel noted, with the team absorbing the bad debt and restoring balances one for one. It is deploying a version…

Ethena said its yield-generating “synthetic dollar” token will be integrated into BlackRock’s (BLK) Aladdin investment management platform as the crypto protocol is deepening its relationship with traditional finance firms. The Monday announcement sent Ethena’s governance token $ENA ($ENA) up about 8% on the day as investors welcomed another high-profile institutional partnership. Aladdin is BlackRock’s portfolio construction, trading and risk management platform used by banks, insurers, pension funds and asset managers overseeing more than $20 trillion in combined assets. The integration will give institutions using Aladdin access to $USDe, Ethena’s yield token designed for onchain savings and settlement. Ethena also said…