Author: NBTC
TL;DR Mercurity Fintech agreed to a $200 million credit line with Solana Ventures Ltd. to develop a treasury strategy focused on SOL. The initiative aims to build a significant reserve in Solana, generating yields through staking, validator nodes, and DeFi protocols. Mercurity maintains its bitcoin investment plan, clarifying that the Solana strategy is complementary. Mercurity Fintech announced an agreement to secure a $200 million credit line with Solana Ventures Ltd., aiming to develop a treasury strategy centered on SOL. This initiative seeks to build a substantial position in Solana by leveraging the network’s opportunities to generate yields through staking, validator…
A couple of months ago, Panama made a significant announcement regarding an important law project, and the mayor of Panama District, Mayer Mizrachi, made an appearance at the Bitcoin Conference in Las Vegas. However, after the hype, we wanted to revisit the project, as the Panama crypto law could unlock an essential hub for bitcoin and crypto adoption, with established and well-known bank connections. “Panama’s experience with Bill No. 697 was key. It showed us that regulating crypto requires more than good intentions: it demands alignment with international standards, tax clarity, consumer protection, and institutional coordination”, Alternate Deputy and crypto…
Joao Wedson, CEO of cryptocurrency analysis firm Alphractal, highlighted a striking development in the Bitcoin spot market. According to Wedson, Binance has been moving back towards market leadership in terms of spot trading volume in recent weeks. According to Alphactal data, Binance’s share, which accounted for approximately 40% of the Bitcoin spot market volume in April 2025, has now approached 45%. This suggests that Binance is on track to surpass the combined volume of all other exchanges. Wedson reminds us that this kind of volume concentration has been observed in previous cycles: “Historically, when Binance has achieved leadership in spot…
Pakistan and Kyrgyzstan have agreed to deepen collaboration in crypto and blockchain innovation. According to reports, both countries also intend to depend on bilateral cooperation in aspects like blockchain technology and digital finance. The collaboration was agreed at a high-level virtual meeting between Bilal Bin Saqib, the Minister of State for Crypto and Blockchain in Pakistan, and Farkhat Aminov, Director of Kyrgyzstan’s National Investment Agency. During the meeting, both sides held detailed discussions on digital finance, regulatory frameworks, and blockchain innovation. They also discussed the importance of sharing knowledge, expertise, and best practices to foster the growth of their digital…
Nasdaq-listed biotech firm 180 Life Sciences (ATNF) is set to rebrand as ETHZilla after securing $425 million in private funding to pivot toward an ether-focused treasury strategy. The transaction, structured as a private investment in public equity (PIPE), is expected to close by Aug. 1, the company said in a press release. It’s backed by sixty institutional and crypto-native investors, including Polychain Capital, Electric Capital, GSR, and founders of major Ethereum-based platforms like Lido, Frax and EigenLayer. The company plans to use the bulk of the funds to accumulate ether (ETH) as its core treasury asset and generate higher yields…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It seems like just about every day we get an update on a company buying bitcoin, ETH or another altcoin — establishing a crypto reserve for the first time, or adding to its pile. But firms forming and getting these assets on their balance sheet is just phase one, Galaxy asset management head Steve Kurz told me last week. “To the extent that companies are able to use capital-markets tooling to achieve escape velocity, they’re going to be able to build potential operating businesses and ecosystems…
Hong Kong officially introduced its long-awaited licensing regime for fiat-referenced stablecoins Thursday, tightening oversight of digital assets as the city pursues its ambition to become a global crypto hub. Under the new law, which took effect on August 1, any company wishing to issue or market stablecoins to retail investors must first obtain a license from the Hong Kong Monetary Authority. The licensing requirements span a host of compliance areas, including reserve asset management, redemption at par value, segregation of client funds, anti-money laundering protocols, disclosures, and fit-and-proper tests for operators. The launch of the stablecoin regime marks the latest…
Solana’s DEX volume has lost nearly $700 million since Monday. The downside follows comments from its co-founder criticizing meme tokens and NFTs. The remarks sparked debates, especially since meme cryptos have fueled Solana’s growth. The latest comments from Solana’s co-founder, Anatoly Yakovenko, left speculative trading enthusiasts shaken. Meanwhile, the blockchain reflects the impact on the decentralized exchange (DEX) front. Yakovenko dismissed NFTs and meme coins as assets without intrinsic value in a July 27 X post. He compared them to a mobile game loot box, which serves speculative individuals. Meanwhile, the comments dented sentiments as Solana’s DEX volume has seen…
ZK Zyra, a ZK (zero-knowledge) protocol, has announced a strategic partnership with Ispolink, an AI-driven Web3 gaming platform. With this partnership, Ispolink aims to enhance the growth of its Web3 gaming network. Current Web3 games are developed on the assumption that all game data is available to anybody who has access to the blockchain. But how do players play games where transparency and privacy are essential? This explains why this partnership is important. ZK Zyra enables Ispolink to create confidential game mechanics that ensure user experiences are both private and personal. Ispolink Taps ZK Zyra Ispolink partnered with ZK Zyra…
Bitcoin hits $123K, overtaking gold as 2025’s top-performing asset with a 30% YTD gain. Investors are moving to Bitcoin and gold as safe havens amid rising U.S. deficits and global tensions. Analysts warn the rally reflects market fear, not confidence, as unproductive assets take the lead. Bitcoin has officially taken the top spot this year, climbing past $123,000 and logging its highest-ever weekly close at $119,500. With a 30% gain so far in 2025, it has now outperformed gold, which is up around 27%. That’s a big moment for crypto. But it’s also raising some serious questions. According to Charlie…