Author: NBTC

Bitcoin mining machine manufacturer Canaan has opened a new funding channel for share buybacks, allowing management to sell part of its roughly $130 million digital asset treasury. That lever could support per-share value, but pulling it would shrink the reserve available to a loss-making Bitcoin mining and hardware business. The Aug. 4 SEC-filed announcement lets management use crypto proceeds under an existing buyback program. Execution remains undisclosed on both sides of the trade, from any treasury sale to any subsequent repurchase. The program began on Dec. 12, 2025, with a 12-month ceiling of $30 million for ADS or Class A…

Bitcoin is pressing against the stubborn $64,360 resistance level after several failed breakout attempts. A fresh bullish trend flip on the four-hour chart suggests momentum is improving, but buyers still need to prove they can hold the move. Bitcoin Hits a Wall Again as $64,360 Resistance Refuses to Break Bitcoin continues to struggle beneath a key resistance level that has repeatedly rejected bullish advances on the four-hour chart. According to analyst Ali Charts, $BTC is once again testing the $64,360 region, a level that has acted as a ceiling multiple times during recent price action. $BTC 4-Hour Chart. Source: Ali…

Leading Bitcoin holding company Strategy has partnered with InsuranceMarket.ae, the United Arab Emirates’ largest digital insurance platform. According to reports, the collaboration will allow Strategy to provide its AI-powered enterprise analytics capabilities for the insurance outfit. Strategy is proud to announce a strategic partnership with https://t.co/SNpZtJya1q, marking an important milestone in their AI journey.Strategy makes AI reliable on enterprise data, and is committed to helping organizations transform data into actionable insights and make… pic.twitter.com/Rnt4Jraabi — Strategy (@MicroStrategy) July 13, 2026 AI’s Growing Role in Enterprise Operations The move underscores the growing role of artificial intelligence (AI) in enterprise operations. Strategy’s…

Decentralized finance yield protocol Pendle has announced that cumulative buybacks of its native $PENDLE token have exceeded $3 million, marking a significant milestone in the project’s tokenomics strategy. The update, shared via the protocol’s official X account, also revealed that over 100 million $PENDLE tokens have been staked within six and a half months of launching staking functionality, representing approximately 36% of the total token supply. Staking growth and reward distribution Pendle’s staking mechanism has attracted substantial participation since its introduction. According to the protocol, it has distributed a cumulative $5.12 million in rewards and airdrops to stakers. The high…

The European Union (EU) has widened its sanctions targeting Russia by banning Justin Sun-owned $HTX and 13 other crypto platforms. The platforms span the United Arab Emirates (UAE), Panama, Georgia, the Marshall Islands, Kyrgyzstan and Belarus. They include BitPapa, A7 networks and more. Source: TRM Labs According to the EU Council, these platforms have acted as conduits for blocked Russian entities to move funds and bypass existing sanctions. The transaction ban prohibits EU persons and firms from doing business with these crypto platforms. In particular, Justin Sun-owned $HTX’s appearance on the sanctioned list is very noteworthy. The exchange was banned…

Coinbase has replaced or reassigned four senior leaders after cutting 14% of its workforce, as the exchange builds a platform spanning crypto, stocks, derivatives and prediction markets. A Coinbase regulatory filing states that Chief People Officer Lawrence Brock will leave his position on Aug. 17 and remain with the company through Sept. 1 to transfer his duties. Coinbase expects to appoint Dominique Baillet as Brock’s successor, placing her in charge of the company’s hiring, retention and workplace operations during a period of product expansion. Brock will continue providing advice from Sept. 2 through Nov. 30 under an agreement signed on…

Bitcoin [$BTC] miners are in a tight spot as market distress deepened to levels last seen in 2019. The ripple effects could affect Bitcoin network security. According to Charles Edwards, founder of venture firm Capriole Investments, $BTC miner transaction fees have fallen to a 7-year low despite the crypto asset’s value growing 13x. For him, this is one of the reasons miners are pivoting to artificial intelligence (AI). Miners’ total revenue is dictated by transaction fees and block rewards (which are sliced every four years in what is called halving cycles). With declining block rewards, transaction fees have long been…

Bitcoin ($BTC) price received a bullish prediction for July 1, 2026, from Finbold AI Agent, an advanced financial assistance tool. The average Bitcoin price prediction for the first day of July could be $66,263, according to analysis from Finbold AI Agent. With $BTC trading at about $66,146, AI predicts an average Bitcoin price surge of 0.18% over the next 16 days, reaching $66,263. ​ $BTC price prediction for July 1. Source: Finbold The Finbold AI Agent leveraged several Large Language Models (LLMs) – including Claude Opus 4.6, DeepSeek Chat, and Grok 4.1 – to generate this Bitcoin price prediction. Additionally,…

For the past year, Tether’s growing gold stockpile has been viewed largely as a defensive move. The stablecoin giant quietly accumulated around 154 metric tons of physical gold, building a reserve worth roughly $20 billion—large enough to rival the official gold holdings of some sovereign nations. The strategy looked like a simple hedge against geopolitical risk and growing exposure to the US dollar. It now appears to be something much bigger. Tether is preparing to transform that gold from a passive reserve asset into active financial infrastructure. Through a partnership with crypto lending platform Ledn, holders of Tether Gold (XAUT)…

Grayscale, one of the largest digital asset management firms, has released an assessment indicating that Hyperliquid’s native token, $HYPE, remains undervalued relative to traditional fintech companies. The firm applied a forward price-to-earnings (P/E) ratio of approximately 15x to 18x to the token, a valuation method typically reserved for equities. Valuing a Token Like a Stock Grayscale’s analysis hinges on the fact that Hyperliquid generates actual cash flow, a feature that sets it apart from many cryptocurrencies that lack fundamental revenue models. By calculating earnings on a per-token basis — analogous to earnings per share (EPS) in equity markets — the…