Author: NBTC

Strategy sold 1,638 bitcoin last week for $105 million, reduced its holdings to 842,138 $BTC, and began tracking the 200-week moving average on its website, marking the clearest shift yet from accumulation to active treasury management. Introduction For four years, the Michael Saylor bitcoin thesis had one direction: buy. From August 2020, when Strategy (then MicroStrategy) made its first $250 million bitcoin purchase, through early 2026, the company acquired over 843,000 coins through a combination of cash purchases, convertible note issuances, common stock sales, and preferred stock offerings. Saylor told Bloomberg in February 2024 that he had “no plans to…

Ethereum [$ETH] led the broader altcoin market after surging by more than 18% in the past hours, at press time. Ethereum surges back above the $2,000 level as bullish momentum continues to push it to higher zones. Leverage, new investors, supply dynamics, and a breakout from an accumulation pattern influenced this sudden uptick. Can bulls sustain this uptrend and stay above $2K? $ETH exchange supply falls 15% For leverage, a whale created a fresh wallet and loaded $20 million in USDC on the Hyperliquid exchange. The amount was deposited in three transactions of $10 million, $9.41 million, and $589K. Then,…

The x402 standard revives a dormant corner of the web’s original design, the 402 Payment Required status code, to let AI agents pay for services autonomously, per call, with no accounts and no cards. Ripple has moved to put the $XRP Ledger and $RLUSD inside that standard, betting that when machines become the economy’s newest customers, they will settle on its rails. This is the honest examination of the machine-to-machine thesis: what x402 actually is, what Ripple is actually doing, which asset captures the flow, and how large the agent economy really is today. Buried in the original specification of…

A former US defense secretary has urged the Senate to pass the CLARITY Act, arguing that weak digital asset rules create openings for North Korea and China to undermine American financial power. In an op-ed in the Financial Times on Saturday, former US Secretary of Defense Mark Esper said Beijing is already investing in state-directed payment systems to sidestep American supervision and erode the US dollar’s central role. “I have long argued that China is the greatest strategic threat of our lifetime,” said Esper, who also serves as a member of the Coinbase Global Advisory Council. He also said the…

A wave of launchpads on Robinhood Chain took most of pump.fun’s share of the token-launch business in the first two weeks of July. Still, pump.fun is now earning more per week than before they arrived. The launchpad business grew faster than pump.fun lost ground in it. Weekly fees across the launchpads DefiLlama reports went from about $7 million in late June to roughly $18 million by mid-July and have stayed there, while pump.fun’s own weekly take climbed to a 90-day high. Growth in the memecoin space came almost entirely from Robinhood Chain, whose mainnet opened six weeks ago, and it…

NYSE-listed French semiconductor company Sequans Communications (SQNS) has sold 344 Bitcoin, reducing its holdings to 314 $BTC. The sale, announced today, marks a significant step in the company’s exit from its Bitcoin accumulation strategy, which it first revealed in May. Sequans is pivoting its full attention to its core Internet of Things (IoT) business, aiming to simplify its capital structure and streamline operations. Background: Sequans’ Bitcoin Journey Sequans, a fabless semiconductor provider specializing in 5G/4G chips for IoT devices, initially began acquiring Bitcoin in 2021 as part of a corporate treasury diversification strategy. At its peak, the company held over…

Nasdaq-listed Ethereum treasury company SharpLink (SBET) has staked an additional 39,319 $ETH, valued at approximately $91 million, according to blockchain tracking firm Lookonchain. The transaction was reported on X (formerly Twitter) about four hours ago, marking a significant expansion of the company’s digital asset holdings. Details of the Staking Move The staking transaction brings SharpLink’s total Ethereum holdings to a substantial level, reinforcing its position as a dedicated Ethereum treasury company. Staking involves locking up $ETH to support network operations in exchange for rewards, typically offering yields that can generate additional returns for the company and its shareholders. This move…

The number of $XRP wallets with balances ranging from 1,000 to 100,000 tokens has hit a new all-time high above 1.2 million. This uptick in wallet addresses, which confirms growing adoption, comes despite the ongoing market downtrend that has triggered massive losses for $XRP. Specifically, $XRP has collapsed nearly 40% this year to a low of $1.10, with a close to 70% decline from the peak of $3.66. While prices have struggled, on-chain data indicates that the market continues to see an influx of users, as adoption grows. Notably, the number of $XRP wallets holding 1,000 to 100,000 tokens has…

What Happens When the Senate Votes Sept. 15? U.S. Senator Jim Risch (R-ID) issued a statement on Aug. 8 that the Senate will start the process of passing the CLARITY Act on Sept. 15, setting the next concrete test after lawmakers missed the August window. Senate Majority Leader John Thune (R-SD) filed cloture on the motion to proceed to the CLARITY Act hours earlier, fixing the vote for 2:15 p.m. EDT. The question before senators is whether to take up the bill, not whether to pass it. Risch’s Aug. 8 statement framed the September effort around consumer protection and U.S.…

Lowering Barriers for High-Tier Users Binance has launched a dedicated yield hub designed to unify selected earning opportunities, including on-chain yield products, into a single centralized platform. Known as VIP Earn, the new initiative offers Binance VIP users access to preferential annual percentage rates, up to 10% to 20% higher than standard retail rates. Eligible users also gain access to significantly expanded subscription quotas across more than 20 digital assets, including bitcoin, ether, USDT, and BNB. The product’s rollout builds on recent structural updates to the Binance VIP Program that broadened tier access through asset holdings and lower qualification thresholds.…