Author: NBTC

BitMine Immersion Technologies is borrowing from Strategy’s financing playbook with a planned 9.50% perpetual preferred stock offering, giving the Ethereum focused firm a new way to raise capital as it continues building its $ETH reserves. According to a Wednesday SEC filing, BitMine is offering 3 million shares of Series A Perpetual Preferred Stock with a stated amount of $100 per share. The securities carry a 9.50% annual dividend rate, with dividends payable weekly in cash if declared by the company’s board. The company said it may use proceeds from the offering for general corporate purposes, including buying additional $ETH and…

Trading and investing platform eToro reported stronger-than-expected first-quarter earnings on Tuesday, helped by a sharp increase in commodities trading activity during a volatile market environment. Shares of the company rose 6.5% in premarket trading. The stock has gained nearly 10% so far this year as of the previous close. Markets remained volatile during the first three months of 2026 as tensions in the Middle East fuelled inflation concerns and unsettled investors across global asset classes. Such periods of uncertainty often benefit trading platforms as investors rebalance portfolios to hedge against risks. Commodities trading drives growth eToro said net trading contribution…

David Schwartz, the co-founder of the $XRP Ledger and CTO emeritus of Ripple, just broadcasted his personal view that people should not invest in Ripple. “If you want direct exposure to Ripple’s success or failure, you can buy Ripple stock on the secondary market if you qualify under US law. But you probably shouldn’t,” he said. He was responding to members of the crypto community who requested, “Let us have access to the Ripple stock.” Similar requests to open Ripple up for public investment have circulated for years. Unsurprisingly, Schwartz’s public post earned tens of thousands of views within hours.…

SEC Chairman Paul Atkins delivered his clearest public endorsement yet of the CLARITY Act in a recent interview, expressing confidence that Congress will pass the legislation and the President will sign it. “I have confidence that Congress will adopt the CLARITY Act and that the President will be able to sign it,” Atkins said. “That will give us a statutory basis upon which we can operate and allow the marketplace to innovate and do that here onshore.” The remarks came as the Senate Banking Committee has advanced the bill toward a full Senate vote, putting crypto market structure legislation closer…

TokenAi, the 1st on-chain aggregated trading firm, is driving its efforts to connect decentralized networks and conventional finance. In this respect, the Hong Kong-based platform is presenting an inclusive on-chain trading forum. As per TokenAi’s official social media announcement, the platform is set to connect diverse asset classes via one ecosystem. Additionally, it operates with SEC STO and U.S. MSB compliance licenses, reaffirming its commitment to the latest regulatory standards. 🚀 TokenAi, the world’s first on-chain aggregated trading platform.​Based in Hong Kong, with US MSB and SEC STO compliance licenses,TokenAi connects stocks, Web3 assets, RWA assets, points, and product assets…

Bitcoin-focused financial services firm River has disclosed that it holds 437 Bitcoin on its corporate balance sheet. This announcement places the company among the largest publicly known corporate holders of the digital asset, currently ranking ninth in that category. River’s Bitcoin Treasury Strategy The disclosure, made by the company, confirms a significant allocation to Bitcoin as part of its treasury management. For River, a firm whose core business revolves around Bitcoin financial services, holding the asset on its own balance sheet aligns its corporate strategy with its product offerings. This move signals a strong conviction in Bitcoin’s long-term value proposition,…

Bitmine Immersion Technologies (BMNR), the largest corporate holder of ether ($ETH), is staring at nearly $9 billion in losses as the token’s slide below $1,800 drags down the value of its massive treasury. Shares of the Tom Lee-chaired company fell another 5.9% Wednesday, slipping below $17 and extending their decline to 28% since early May. The stock has now dropped below its February lows to its weakest level since the company announced its pivot to an Ethereum treasury strategy in 2025. The selloff comes as $ETH retests its February lows. The second-largest cryptocurrency has lost more than 20% since early…

TD Cowen has reiterated its Buy rating and $16 price target for Sharplink (NASDAQ: SBET), the publicly traded Ethereum accumulator, signaling confidence in the company’s strategy even as its stock trades at a notable discount to its underlying asset value. The analyst’s decision comes as Sharplink continues to build its position in the world’s second-largest cryptocurrency. According to a report from The Block, Sharplink currently holds approximately 873,000 Ether ($ETH), valued at roughly $2 billion based on current market prices. This translates to an estimated $9.68 per share in $ETH alone. A Widening Gap Between Stock Price and Asset Value…

In brief The lawsuit claims Iggy Azalea’s meme coin, MOTHER, was marketed with misleading promises. Investors point to failed integrations, including casino and telecom use. The Solana-based token has fallen more than 99% from its peak. Rapper Iggy Azalea is facing a class action lawsuit in federal court in New York over allegations that she misled investors about the utility and development of her Solana-based meme coin, which trades as MOTHER. The complaint, filed Tuesday in the U.S. District Court for the Southern District of New York, accuses Azalea of promoting the token as having real-world use cases and commercial…

The SEC has charged Texas resident Nathan Fuller over an alleged $12.3 million AI crypto arbitrage scheme that promised triple digit returns in weeks. U.S. securities regulators have charged Texas resident Nathan Fuller with orchestrating a fraudulent cryptocurrency trading scheme that raised roughly $12.3 million from about 150 investors through entities including Privvy Investments between October 2022 and mid 2024, according to a litigation release from the Securities and Exchange Commission SEC. The SEC alleges Fuller told investors he had built a proprietary artificial intelligence powered high frequency arbitrage “trading robot” that could generate extraordinary, low risk profits on crypto…