Author: NBTC

Bitmine has strengthened expectations for a potential stock rally after Chairman Tom Lee highlighted the company’s chances of joining the Russell 1000 index ahead of the benchmark’s latest reconstitution update. According to Tom Lee, the updated list of companies entering and exiting the Russell 1000 is scheduled for release on June 18, with Bitmine Immersion Technologies potentially qualifying for inclusion. Lee argued that membership could increase demand for the stock because many institutional funds and asset managers are required to allocate capital only to companies included in major indexes. The comments arrived as Bitmine continued expanding its position as one…

Michelle Bond, the wife of former FTX executive Ryan Salame, will face illicit campaign finance charges after a judge rejected her argument that prosecutors promised Salame that she would be cleared if he pleaded guilty. Manhattan federal judge George Daniels on Wednesday denied Bond’s bid to dismiss an indictment that alleged she illegally took money from the now-bankrupt crypto exchange FTX to help bankroll her unsuccessful run for Congress in 2022. Daniels wrote there was “no ambiguity” in the terms of Salame’s written plea agreement. “As the evidence made clear, all parties, including the defendants and their counsel, were aware…

KULR Technology (KULR), a New York Stock Exchange-listed company that adopted a Bitcoin treasury strategy in late 2024, appears to have sold 300 Bitcoin — valued at approximately $24.36 million — at a loss, according to on-chain analyst EmberCN. The funds were deposited to Coinbase Prime roughly two hours before the report, signaling a potential liquidation. Background: KULR’s Bitcoin Treasury Strategy In December 2024, KULR announced plans to allocate up to 90% of its corporate reserves to Bitcoin investments, positioning itself among a growing list of public companies embracing cryptocurrency as a treasury asset. By July 2025, the firm disclosed…

Ethereum extended its gains on the 15th of June, rising 2.75% for a second consecutive day. The move followed improving market sentiment after reports of a U.S.-Iran peace deal and the reopening of the Strait of Hormuz. At press time, $ETH traded at $1,720 after gaining 2.75% over the previous 24 hours. Trading volume jumped more than 65% to $4.95 billion, reflecting stronger market participation. Are investors still accumulating $ETH? Despite the rally, one metric continued to raise concerns. According to CryptoQuant, Exchange Reserves increased by 76,000 $ETH over the past week. Rising reserves typically indicate growing selling pressure as…

The Federal Reserve kept the federal funds rate locked at 3.50%-3.75% Wednesday in a unanimous decision, but it was the updated dot plot that instantly rewired expectations across rate-sensitive markets. According to the original report, nine of 18 FOMC participants now project at least one additional rate hike this year, with six officials penciling in multiple increases. Only one participant sees a cut in 2026. The statement itself was completely rewritten, emerging far shorter than any in recent memory. For crypto markets, already navigating a tight correlation with tech equities and macro liquidity cycles, that hawkish tilt matters. Higher rates…

An increasing scandal of Justin Sun and World Liberty Financial is attracting considerable coverage in the crypto community. Sun is said to have filed a suit claiming that his $WLFI tokens holdings have been frozen, yet he was a significant stakeholder. Tensions are rising at the intersection of crypto and politics.Justin Sun has alleged that associates tied to Donald Trump’s crypto venture, World Liberty Financial, threatened to burn his holdings of $WLFI tokens.According to claims in a lawsuit, the conflict reportedly began… pic.twitter.com/lsx3At9CbZ — Favorite 💗 (@angelsharmin21) April 24, 2026 This situation got even worse when he states that his…

Italy-based fintech Conio has received authorization to operate as a crypto-asset service provider under the European Union’s MiCAR framework, becoming one of the firms to secure approval before stricter licensing requirements take full effect across the bloc. Conio said the authorization was granted following a regulatory review involving Italy’s market watchdog Consob and the Bank of Italy. The licence permits the company to provide digital asset custody, transfer, and placement services under the EU’s crypto regulatory regime. The company said it plans to serve retail investors, financial institutions, banks, and fintech firms. Conio also intends to offer white-label services and…

The Trump administration is continuing to double down on its pro-crypto stance, and recent comments from CFTC Chair Mike Selig gave one of the clearest signals yet about how Washington now views Bitcoin and digital assets. Speaking during a conversation on the Market Disruptors Podcast with Mark Moss, Selig said the chances of the United States banning Bitcoin are now “slim to none. “I think we must create a space for Bitcoin and crypto assets to flourish here,” Selig explained. “A space that’s future-proof, right? A space that we can’t have government coming in and seizing people’s crypto assets and…

As trading activity surges across major exchanges, Ethereum is exhibiting one of its strongest indications of recovery in weeks. A significant increase in market participation indicates that investors are coming back after a protracted period of weakness, even though $ETH is still below a number of important resistance levels. Can Ethereum Find Its Recovery Footing? Recent market data indicates that, over the past day, Ethereum’s trading volume has increased by more than 107%. $ETH/$USDT volume exceeded $13 billion on Binance, and trading activity increased by triple digits on OKX, Bybit, and Gate, among other major venues. In the past, these…

Shiba Inu lead ambassador Shytoshi Kusama continues to stay active on X after ending a nearly two-week silence. In one of the changes, Kusama updated his X location to “wiring features,” which previously read “Ready to reveal what’s next.” As reported, the Shiba Inu lead ambassador resumed activity on X after 13 days of silence. He also changed his X bio and location to “Ready to reveal what’s next.” As it stands, his bio remains unchanged while his X location shows the new change. In an earlier tweet, Kusama hinted at Saturday as a new date for his discussion with…