Author: NBTC

Core Scientific (CORZ), a major player in Bitcoin mining and high-performance computing, has acquired Bitcoin mining firm Polaris for $421 million, according to a report from The Block. The strategic acquisition is designed to repurpose Polaris’s existing power infrastructure—secured through a contract with Oklahoma Gas and Electric—to support the rapid expansion of Core Scientific’s artificial intelligence data center operations. Following the announcement, CORZ shares jumped 9.58% to close at $24.32, reflecting investor optimism about the company’s pivot toward the growing AI infrastructure market. What the Polaris deal means for Core Scientific The acquisition of Polaris gives Core Scientific immediate access…

Bitcoin ETFs kicked off the week with renewed inflows, while ether broke its prolonged outflow streak. Solana and $XRP, however, remained under pressure with notable declines. Crypto ETFs Mixed: Bitcoin, Ether Rise While Solana, $XRP Fall The new week opened with a shift in tone, but not a full reversal. Pockets of strength emerged, though the broader market remains cautious. Bitcoin ETFs posted a net inflow of $69.44 million, offering a modest but meaningful rebound after last week’s heavy outflows. The gains were concentrated in a handful of funds. Ark & 21Shares’ ARKB led the way with $33.03 million, followed…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.10% today against the US Dollar Ethereum is currently trading 8.52% below our prediction on May 08, 2026 Ethereum gained 15.81% in the last month and is up 29.75% since 1 year ago $ETH price is expected to rise by 11.19% in…

What was once viewed as a speculative fringe movement is rapidly becoming part of the world’s financial plumbing, according to executives from Binance, Revolut and Circle (CRCL) speaking at Consensus Miami on Wednesday. “We were in the Prohibition era,” said Rachel Conlan, chief marketing officer at Binance. “Now we are in the infrastructure phase.” Conlan said crypto is evolving beyond trading into functional everyday use cases and is “on route to becoming the fabric of everyday society.” That shift is increasingly visible in consumer finance. Mazen ElJundi, global business head of investments at Revolut, said crypto’s narrative has moved from…

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius. In a Monday letter filed in the US District Court for the Southern District of New York (SDNY), US Attorney Jay Clayton cited Cohen-Pavon’s “substantial assistance” to the government, by being prepared to testify against former Celsius CEO Alex Mashinsky. Prosecutors did not request a specific amount of time for the former chief revenue officer to spend in prison, instead asking the judge to consider the sentencing guidelines for an “appropriate sentencing reduction for a defendant who has rendered…

Bitcoin mining firm CleanSpark reported a net sale of 108 Bitcoin during the month of April, as the company sold more coins than it produced. According to its latest operational update, CleanSpark mined 640 $BTC over the period but sold 748 $BTC, generating proceeds at an average price of $74,807 per coin. April Production and Sales Breakdown CleanSpark’s mining output of 640 $BTC in April reflects its continued operational capacity, though the company chose to liquidate a larger portion of its holdings. The 748 $BTC sold during the month resulted in a net reduction of 108 Bitcoin from its corporate…

Arkham, an advanced on-chain analytics and intelligence platform built to help traders, investors, and researchers monitor blockchain activity, is pleased to announce its strategic partnership with Arkham Alerts, a real-time notifications service provided by the Arkham intelligence platform that informs users of specific on-chain activity. The primary purpose of this integration is to provide real-time blockchain intelligence that helps users to track whale activity, market signals, and major on-chain transactions. Track Whales with Arkham Alerts:Alerts let traders track important on-chain transfers in real time. Our guide covers how to set alerts on Arkham, what to track, and key signals like…

Larry McDonald, a figure closely followed in the financial world, argued that investors have emerged from the “deflationary regime” that characterized the last 20 years and that we have entered a new era where high inflation is permanent. According to McDonald, in this new era, software companies like Netflix are losing value, while companies controlling physical assets and rare earth assets are coming to the forefront. McDonald, through Bear Traps Report, announced that they have added Bitcoin to their portfolio for the first time. According to the analyst, past sharp 70% drops are expected to be less destructive in the…

NFTs are due for a “rebirth” as AI agents force the internet to solve new identity and trust problems, Reid Hoffman told CoinDesk’s Consensus Miami conference on Wednesday. The Greylock partner and LinkedIn co-founder said agents transacting with other agents will require trustworthy digital identity systems that resemble what NFTs originally tried to solve. Hoffman said he began revisiting NFTs as he considered a future in which AI agents outnumber humans online.”When you begin to think we’re going to have more agents than people, what does the identity layer look like? What is the notion of, hey, when your agent’s…

MIAMI BEACH, Fla. — Nasdaq President Tal Cohen said the U.S. Securities and Exchange Commission’s (SEC) changing approach to crypto regulation is giving market operators more room to experiment with blockchain-based infrastructure and tokenized assets. Speaking at Consensus in Miami on Wednesday, Cohen said the industry now feels it can “build” again after years of regulatory uncertainty. “The gray zone four years ago was a no-fly zone,” Cohen said. “The gray zone now is we can build. We can gain some scale. We can experiment without maybe any brush back.” Cohen described a broader shift inside financial markets toward “always…