Author: NBTC

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…

Bitcoin’s price retreated again after reaching the 200-day moving average level, with analysts noting that the current outlook indicates a continuation of the bearish trend. According to analysts at the on-chain data platform CryptoQuant, the current price movement exhibits a pattern quite similar to that seen in March 2022. The analysis noted that Bitcoin rose approximately 43% in 2022 before reaching its 200-day moving average, but returned to a downtrend after being rejected from that level. It also stated that in the current cycle, a significant contraction in demand occurred after Bitcoin surpassed the $80,000 level. According to CryptoQuant data,…

Ethereum traded near $1,777.96 on June 4 after falling 5.07% in 24 hours, according to crypto.news price data. The token also lost 10.21% over seven days as the wider crypto market stayed under pressure. The latest move pushed $ETH below the $1,825 area watched by analyst Ali Martinez. It also placed the asset near its weakest zone since April 2025, when $ETH fell toward $1,400 before staging a recovery. Ethereum price loses the $1,825 channel floor Ali Martinez said Ethereum had reached his $1,825 target after pulling back to the bottom of its channel. He called the area a critical…

In the US, inflation rose above expectations in April to 3.8% year-on-year, driven by increasing energy prices stemming from the Iran conflict. Rising fuel prices also increased transportation, food, and manufacturing costs, raising concerns about broader inflationary pressure on the economy. According to the data, the average price of gasoline has risen from $3.14 last year to approximately $4.50. US President Donald Trump, meanwhile, has stated his support for temporarily suspending the federal gasoline tax to ease pressure on drivers. Rising energy costs are said to weaken consumer spending, prompting markets to reprice expectations regarding the Fed’s interest rate policy.…

Within the Uniswap ecosystem, a leading decentralized finance project, a significant debate has arisen regarding governance processes. A proposal to recall tokens previously lent to delegates is being considered within the project’s DAO (Data Entrance Account) structure. The proposal involves the repurchase of a total of 12.5 million UNI tokens. These assets, valued at approximately $42 million, were allocated to the Uniswap Foundation and various delegates in 2022 and 2023 to increase governance participation. The proposer argues that while these tokens initially served their intended purpose of stimulating governance activities, the ecosystem has now become sufficiently active. Therefore, recalling the…

A class action filed in Idaho accuses the now-bankrupt crypto ATM operator of profiting from fraud while leaving vulnerable consumers unprotected. A retired Idaho couple has filed a federal class action lawsuit against Bitcoin Depot Inc., alleging the company’s ATM network served as a pipeline for scammers who drained their entire retirement savings — $76,000 — over five consecutive days in August 2025. Karen and Robert Lacey, named plaintiffs in Lacey et al. v. Bitcoin Depot Inc., et al. (Case No. 1:26-cv-00288-DKG), say fraudsters posing as Norton customer service representatives and FBI agents convinced them their accounts were tied to…