Author: NBTC

Bank of America’s decision to reorganize leadership around digital assets isn’t happening in isolation. Instead, it reflects a broader trend across the United States, where the country has quietly built a commanding lead in nearly every measure of Bitcoin adoption. A Bank Moves Deeper Into Crypto Internal memos reported by Reuters on July 17 revealed that Bank of America has expanded several leadership roles tied to digital assets and AI across its Global Markets division. Sonali Theisen now oversees Bank of America’s brand new digital assets platform, adding that role on top of her existing position as global head of…

Spacecoin ($SPACE), which states that it develops satellite-supported decentralized internet infrastructure, announced that it has signed an exclusive memorandum of understanding (MoU) with Vietnam-based technology company DETI Technology. The agreement aims to establish decentralized satellite communications, sovereign routing, blockchain, and edge AI infrastructure in Vietnam. According to the company’s statement, the project is designed to serve Mobifone and Gtel, two of Vietnam’s largest mobile operators. Spacecoin stated that the collaboration is worth approximately $100 million and aims to increase the use of decentralized technologies in the country’s communications infrastructure. Related News Cardano (ADA) Founder Charles Hoskinson Makes Strong Statements Amid…

Institutional Zcash miner Fortitude is significantly expanding its mining operations after signing a definitive agreement with Bitmain to purchase 9,000 Antminer Z15 Pro ASIC miners, one of the industry’s leading machines for the Equihash algorithm. According to the company, the new hardware is expected to add roughly 7.56 GSol/s of Equihash hashrate once fully deployed, marking one of the largest publicly disclosed investments in Zcash mining infrastructure this year. The miners will be shipped in two batches, with 3,000 units scheduled for delivery in October and the remaining 6,000 in November. Fortitude said it committed approximately $31.5 million to the…

A bear market leaves investors with three choices: Buy the dip, sell at a loss or HODL through the FUD. From a technical view, Bitcoin has been consolidating around $60k for nearly two weeks, which could be a sign that buyers are finally stepping in. According to market makers, dip buyers historically accumulated around this cost-basis, helping Bitcoin establish a floor before smart money triggers a rebound. However, recent whale activity paints a different picture. One analyst spotted a whale who just sold 800 $BTC, locking in a loss of around $35 million. The investor bought the entire position near…

The explosive growth of crypto perpetual futures is quietly redrawing Ethereum’s role in market structure. Traders chasing low latency and deep liquidity are migrating to layer-2 networks, and a growing number of builders now argue that Ethereum shouldn’t try to compete as an execution layer. Instead, it should double down on what it already does best: anchoring the security and settlement of the L2s where the real action is happening, according to the original CoinDesk report. That position reflects a pragmatic turn. For years, Ethereum’s roadmap battled criticism over speed and cost. High-frequency perps trading never fit naturally on a…

Wall Street analysts are trying to rescue Elon Musk’s floundering IPO, SpaceX after the stock erased $1.1 trillion of market capitalization in five weeks. Almost every Wall Street analyst has a price target (PT) higher than the stock price, with reiterations and upgraded forecasts arriving by the day, and all 12 IPO underwriters whose analysts have published research on SPCX rated it a “buy” or equivalent. Bullish analyst ratings have showered Musk’s company with weeks of praise as the stock price has crashed. Yesterday, Macquarie reiterated its “outperform” rating with a PT 100% higher than SPCX’s closing price. Last week,…

Ripple USD ($RLUSD) stablecoin has seen $0 minted so far on June 4 despite $27.5 million tokens removed from circulation. $RLUSD activity continues in June after the month began with significant minting activity. $127.4 million was minted alone on June’s first day with $12 million burned. However, this figure dropped in the days that followed with $3.7 million and $16.8 million burned on June 2 and 3, respectively. There is a possibility that a minting transaction might occur as the day progresses, but a similar trend in May lessens this probability. On May 3 and 4, $0 $RLUSD was minted…

The Ondo Network is a new execution layer built by Ondo Finance, the real-world-asset tokenization company. It is designed to process trades at the speed of a centralized exchange while keeping settlement non-custodial and verifiable onchain. Ondo Finance calls it the evolution of Ondo Chain, the blockchain the company first announced in February 2025. The first version of the Ondo Network went live this week, and it already powers Ondo Perps, the company’s perpetual futures platform. Unlike a traditional blockchain, the Ondo Network does not rely on a distributed set of computers to validate every transaction. Instead, it separates three…

Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies, with double-digit dividends and an intended pull toward $100. The break jolted a market that has grown to roughly $10 billion in less than a year. It also gave investors their first look at how these Bitcoin-linked yield products behave when a quiet trade meets…

Ethereum’s [$ETH] 11th anniversary is here, and everyone wants to come to the party. Many are choosing to buy $ETH, and more $ETH is locked in staking too. Is this just a short-term buzz play, or the start of a big move up for the token? Ethereum takes the spotlight So far this week, BlackRock clients have recorded $60 million in net outflows from the company’s IBIT Bitcoin [BTC] ETF. Over the same period, they reportedly purchased more than $20 million worth of $ETH. The contrast between the two flows is hard to ignore. Source: Arkham Intelligence Whale activity is…