Author: NBTC

The world’s largest corporate Bitcoin holder has responded to a multibillion-dollar blow to its balance sheet in trademark fashion as Strategy chairman Michael Saylor posted the laconic message “Bitcoin Drive engaged,” which the market may interpret as a signal that the company’s forced defensive phase is ending and that it could soon return to major cryptocurrency purchases. The intrigue lies in the fact that this bullish teaser appeared immediately after the publication of an extremely difficult financial report. Strategy posted a net loss of $8.22 billion for the second quarter of 2026. Bitcoin Drive engaged. pic.twitter.com/sFpTPiMdak — Michael Saylor (@saylor)…

Lido, a leading liquid staking protocol, has announced a revision to the fee structure of its EarnETH vault. The updated model will see the assets-under-management (AUM) fee reduced to a maximum of 0.5%, while the performance fee is set to increase to 20%. Initially, the fees will be set at 0.2% of AUM and 15% on performance, as detailed in the latest update. Understanding the Fee Changes Previously, the EarnETH vault charged a 1% fee on assets under management and a 10% performance fee. The new structure lowers the fixed management fee, which is paid regardless of returns, while increasing…

Japanese $BTC treasury company Metaplanet has disclosed a deal that will put a man Bloomberg describes as “Tokyo’s King of Death Spiral Financing” on both sides of the takeover. Metaplanet wants to take control of Nasdaq gaming company Super League Enterprise in a $135 million deal. Once the takeover is complete, Evo Fund, a Cayman islands fund launched by Princeton graduate and former Barings trader Michael Lerch, will pick up warrants for up to 10 million Super League shares. It also financed Metaplanet’s $BTC buying in Tokyo, putting Lerch on both sides of the deal. Moreover, Evo’s fund bought into…

Coinbase CEO Brian Armstrong has signaled optimism for the cryptocurrency market, citing a scheduled bipartisan vote on the CLARITY Act in the U.S. Congress. In a post on X (formerly Twitter), Armstrong wrote that the vote, set for September 15, could pave the way for an “Uptober” — a term used by traders to describe a historically strong October for crypto — and the next major rally. His comments come as Bitcoin rebounded roughly 7% in early trading on August 19, reflecting a broader improvement in market sentiment. What Is the CLARITY Act? The CLARITY Act, short for “Clear Legislation…

Saylor’s ‘Bitcoin Drive’ Post Revives Buy Expectations Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor reignited speculation that the company will announce another bitcoin purchase on Monday after posting “Bitcoin Drive engaged” on Aug. 2. The Sunday message accompanied Strategy’s familiar acquisition tracker, continuing Saylor’s pattern of signaling treasury developments shortly before weekly disclosures. Saylor’s accompanying tracker displayed Strategy’s bitcoin reserve at 843,775 $BTC with a market value of approximately $53.25 billion. It also showed an average cost of $75,653 per bitcoin, an unrealized performance of -$10.58 billion (-16.58%), and 113 purchase events as of Aug. 2. A similar Sunday…

Blockchain data platform Sentora has reported that 55% of stock token trading volume occurs when the U.S. stock market is closed. The finding suggests that price discovery for tokenized equities is increasingly moving on-chain, operating beyond traditional exchange hours. What the Data Reveals Sentora’s analysis of blockchain trading data indicates that a majority of activity in tokenized stocks takes place during after-hours windows, including overnight and weekends. This contrasts sharply with traditional stock exchanges, which are limited to specific trading sessions. The platform emphasized that this pattern reflects a fundamental shift in how investors are accessing and trading these assets.…

An anonymous cryptocurrency whale, identified by the wallet address starting with 0x3527, has liquidated its entire position in $HYPE, the native token of the Hyperliquid protocol. According to on-chain analytics platform Lookonchain, the whale sold 301,937 $HYPE tokens for approximately $24.4 million, securing a profit of over $5.3 million in the process. Trade Details and Timeline Lookonchain’s data reveals that the whale accumulated the $HYPE tokens between May and July, purchasing them at an average price of $63. The sale, executed recently, saw the tokens sold at a significantly higher average price, resulting in a substantial realized gain. The exact…

The U.S. Securities and Exchange Commission (SEC) may roll out a long-anticipated crypto innovation exemption as soon as early October, according to Brett Redfearn, president of digital asset firm Securitize. Redfearn told The Block that the SEC had delayed announcing the exemption while it weighed a vote on the CLARITY Act, a legislative effort aimed at clarifying the regulatory status of digital assets. Timing Linked to CLARITY Act Vote Redfearn indicated that the SEC is likely to introduce the new rules after the Senate votes on the CLARITY Act, which is scheduled for September 15. The exemption, he said, could…

Bitcoin faces a critical test as short-term resistance near $63,500 raises the risk of a liquidity sweep toward the $60,000 support zone. Meanwhile, a long-term cycle model projects a deeper 2026 bottom between $40,000 and $45,000 before $BTC begins another potential bull run. Bitcoin Retests Short-Term Resistance as Sub-$62,000 Liquidity Comes Into Focus Bitcoin is testing a lower-time-frame resistance zone after rebounding from its recent decline. The chart outlines a bearish near-term scenario in which $BTC rejects from the current area, sweeps liquidity below $62,000 and then finds demand near $60,000. Bitcoin Retests $63,500 Resistance Before Possible Sub-$62,000 Sweep. Source:…

SpaceX is trading below its $135 IPO price. Marathon Digital is down 34% year to date. Coinbase has outperformed both. The math on which tech bet delivers risk adjusted returns has not been done until now. The largest IPO in history arrived in June 2026 and immediately became the most traded stock in the world. SpaceX priced at $135, opened above $190, touched $225.64 within two weeks, and then fell 48% to a post IPO low of $119.79 before stabilizing near $131. Two months after listing, buyers at the IPO price are underwater. Buyers at the peak have lost nearly…