Author: NBTC

Avalanche treasury company Avalanche One Technology (AVX) reported second-quarter revenue of $2.8 million, a jump of approximately 460% compared with the same period last year, according to Business Insider. The sharp increase was driven primarily by $AVAX staking rewards, which accounted for about 75% of total revenue, while Bitcoin mining contributed roughly $700,000. Despite the revenue surge, the company’s net loss widened to $35.1 million in the quarter, largely due to a markdown on its $AVAX holdings. As of Aug. 13, the company held 14.09 million $AVAX tokens. Revenue Drivers and Operational Shift The company’s revenue mix highlights a strategic…

Stand With Crypto recently tweeted a call for advocacy supporting the CLARITY Act, a significant move aimed at establishing clear regulations for cryptocurrency. The organization highlighted the importance of community voices in influencing lawmakers to back this proposed legislation. This advocacy is crucial as the CLARITY Act seeks to clarify the regulatory framework for digital assets, potentially reshaping the industry’s landscape. Source The Story So Far The recent tweet from Stand With Crypto underscores a growing urgency for transparent regulations in the crypto space. The CLARITY Act aims to introduce a structured classification system for digital assets, which could significantly…

Binance is set to remove 12 cryptocurrencies from its Binance Alpha platform, triggering fresh concerns among affected token holders. The exchange plans to implement the changes late Friday, September 4, as part of its ongoing review of listed assets. MTP, BDXN, and TALE rank among the tokens facing removal. However, BOS, MAIGA, TIMI, U, SERAPH, RVV, AIAV, PENGUIN, and SN3 will also leave the platform. Binance Alpha will remove the following tokens on 2026-09-04 at 8:30 (UTC): $MTP, $BDXN, $TALE, $BOS, $MAIGA, $TIMI , $U (Union), $SERAPH, $RVV, $AIAV, $PENGUIN, #SN3.Withdrawing or selling of these tokens on Binance Alpha will…

Hedera has unveiled a new fee structure that aims to deliver predictability to users amid the unpredictable nature of the crypto market. By offering fees that are so small they are almost unnoticeable, Hedera positions itself as a user-friendly blockchain. This development could significantly enhance user trust and participation in its ecosystem, as detailed in a recent tweet from Hedera. What Went Down The introduction of a fixed and predictable fee structure is a strategic move for Hedera, especially as the broader cryptocurrency market continues to exhibit mixed signals. Hedera’s fees, which are denominated in USD, eliminate gas market volatility…

Bitcoin remains on track for $70,000–$73,000 while holding support near $63,500. However, a breakdown and renewed uncertainty around the CLARITY Act could shift attention toward $60,000 or even $55,000. Bitcoin Holds Key Support as $73,000 Target Remains Bitcoin has entered a consolidation phase after its recent recovery, but the broader setup remains constructive while support holds. Analyst EliZ identifies the $63,500 area as the most important level on the 12-hour chart. $BTC 12-hour chart. Source: EliZ/X The wider support zone extends from roughly $63,250 to $64,000. Continued buying in this area could support another move toward the $70,000–$73,000 resistance region,…

Pons, an app that lets anyone create and trade a token on Robinhood’s new blockchain, generated nearly $6 million in fees over the past 24 hours, vaulting it into the top tier of crypto’s fee-generating protocols as memecoin activity surged across the network. Users paid about $5.95 million in fees through Pons over the past 24 hours, according to DefiLlama. That ranked Pons fourth by 24-hour fees among protocols tracked by the data provider, behind only Tether, Uniswap and Circle, and above Pump at $4.64 million. Robinhood Chain itself took about $4 million and perpetuals trading powerhouse Hyperliquid about $2…

Cardano has taken another significant step into the real-world asset (RWA) sector with the launch of an institutional-grade tokenized silver asset on its mainnet. The launch connects Cardano’s blockchain infrastructure with physical silver, allowing $ADA holders to gain on-chain exposure to the precious metal through a token backed by tangible assets. L4VA Protocol provides the infrastructure for tokenizing and distributing the asset on Cardano. Following the announcement, L4VA explained that any $ADA holder can connect a Cardano wallet to the protocol and acquire TSLVR, making the silver product accessible without leaving the Cardano network. TSLVR Is Backed by Certified Physical…

Crypto industry participants urged the US Securities and Exchange Commission (SEC) to avoid a blanket restriction on “novel” exchange-traded funds (ETFs) and instead evaluate products based on their individual risk parameters. Venture capital firm a16z asked the SEC to evaluate novel products according to their underlying characteristics, coordinate fund-registration and exchange-listing reviews and adopt more predictable timelines. Digital asset investment manager Grayscale and the Crypto Council for Innovation (CCI) supported optional confidential pre-filing processes. All three opposed changing existing investment-company classifications in ways that could automatically sweep products holding non-securities into the Investment Company Act framework. The letters were dated…

Coinbase has added six tokenized equities, including Amazon, Microsoft, and Tesla, to Base after its first batch generated $227.7 million in decentralized exchange volume within about 30 days. Base said on Sept. 4 that Amazon (AMZNc), Microsoft (MSFTc), Strategy (MSTRc), SanDisk (SNDKc), SpaceX (SPCXc) and Tesla (TSLAc) are now available onchain, expanding Coinbase’s tokenized stock range weeks after the initial release. The additions give eligible investors exposure to five publicly traded companies and privately held SpaceX through tokens that can move across supported applications on the Ethereum layer-2 network. Developers can also integrate the assets into trading, lending, and other…

Bitcoin ($BTC) extended its recent correction on Thursday, trading below $65,800 after posting modest losses in the previous session. While institutional investors continue accumulating Bitcoin through spot exchange-traded funds (ETFs), growing geopolitical tensions in the Middle East have dampened investor sentiment and limited the cryptocurrency’s upside. The latest decline comes as higher oil prices and renewed inflation fears prompt traders to reassess expectations for US monetary policy. Rising geopolitical risks pressure Bitcoin Bitcoin rallied earlier in the week, climbing toward its mid-June highs and reaching a monthly high of over $66,000. However, bullish momentum faded as geopolitical developments triggered a…