Author: NBTC

Bitcoin ETFs snapped a four-week inflow streak, with over $296.18 million in outflows recorded over the last week. According to data from SoSoValue, spot Bitcoin ETFs posted $296.18 million in net outflows after four weeks of inflows, during which more than $2.2 billion had been recorded. Inflows gradually began slowing, with $787.31 million, $568.45 million and $767.33 million during the first three weeks of March, and subsequently dropping to $95.18 million in the prior week. Outflows were led by BlackRock’s IBIT alongside other major funds. On Friday, more than $225.5 million of total U.S. spot Bitcoin ETF outflows came from…

David Sacks, former White House AI & Crypto Czar, recently stated that AI has become a core driver of economic growth in the United States. His opinion is that stopping progress with AI would be akin to bringing the U.S. economy to a screeching halt. This Sunday, David Sacks posted on X to state his opinion on a recent report issued by Morgan Stanley. This report focused on investment forecasts for the top five hyperscalers in the U.S. (Amazon, Alphabet, Meta, Microsoft, and Oracle) for this year and next. It raised combined capex forecasts from $805 billion USD in 2026…

Ripple’s CTO Emeritus David Schwartz has offered a monetary reward to users on X (Twitter) who can help him uncover the “behind-the-scenes” origins of his opponents’ arguments. During a recent discussion on social network X surrounding a lawsuit against X Corp. (formerly Twitter), David Schwartz faced sharp criticism from the account SelfLegalAid. However, the crypto industry veteran questioned the authenticity of those arguments, calling them “AI slop” and suggesting that the responses might not be entirely human-written. Human or machine? The conflict escalated after users noticed that the critic’s replies suspiciously resembled the structure, tone and pacing often associated with…

A private journal kept by OpenAI President Greg Brockman is now courtroom evidence, and its contents are exactly as awkward as you’d expect when someone’s personal reflections about getting rich collide with a company that was founded to benefit humanity. The diary entries, which span roughly a decade of internal deliberations at OpenAI, were read publicly during the ongoing trial between Elon Musk and the AI company. They detail Brockman’s thinking about transitioning OpenAI from a non-profit to a for-profit entity, including estimates of a pathway to $1B in personal net worth amid a $30B company valuation. What the journal…

Prediction Market Platform Kalshi has implemented new techniques to keep minors off its website. This comes after years of ignoring a common loophole in which young people used their parents’ identities to sign up.The announcement was made by CEO Tarek Mansour at the Semafor World Economy Summit. Kalshi CEO announces new parental portal for user verificationSource: @semafor Resolving this issue has severe financial and legal implications for a platform with $626 million in open interest. Getting this right is important to the company’s future. Using families to spot underage betting Kalshi has released three tools that function together. The first…

Bitcoin price has fallen over 30% from its yearly high, largely impacted by geopolitical and economic concerns that deteriorated investor appetite for risk assets. After rallying nearly 12% to a yearly high of $97,538 on Jan. 15, the bellwether crypto has fallen by nearly 31% to $67,525 at the time of writing. This came amid several geopolitical and macroeconomic concerns that have largely risen due to U.S. President Donald Trump’s tariff drama that has extended into the beginning of this year, followed by the start of a war in the Middle East against Iran that has led to repercussions in…

GameStop (GME) is aiming for a major expansion with a proposed $55.5 billion acquisition of online marketplace eBay (EBAY), raising fresh questions about whether its bitcoin holdings could help fund the deal. The video game retailer, which holds about $368 million worth of $BTC, submitted a non-binding offer Sunday to buy eBay for $125 per share in cash and stock. The bid represents a 46% premium to eBay’s share price in early February, when GameStop began building a position. The company said it now holds a 5% economic stake through shares and derivatives. A deal of this size would likely…

Shiba Inu has started off the new week with strong network performance despite ongoing price volatility, signaling a potential shift in investor sentiment. On Monday, March 23, data from Shibburn, a blockchain tracker that monitors $SHIB’s deflationary activities, showed a significant surge in the asset’s burn metric. Per data provided by the tracker, the Shiba Inu burn rate has surged by 637.44% over the past day, with a total of 8,063,851 $SHIB permanently removed from circulation over a 24-hour period. While the $SHIB community remains keen on deflationary activity, the decision to continually reduce its circulating supply has continued to…

The main market for stocks in Russia, the Moscow Exchange (MOEX), will launch indices for another four cryptocurrencies this month, including those of Ripple and Binance. The platform already publishes indices for Bitcoin and Ethereum and plans to expand the list further by adding altcoins like Dogecoin and Cardano. It uses the indices to issue crypto derivatives. Moscow Exchange to offer more indices for major cryptocurrencies Russia’s leading trading venue for equities, bonds, and derivatives will introduce indices for Solana ($SOL), Ripple’s $XRP, Tron ($TRX), and Binance’s BNB. They will reflect the performance of the digital currencies and will have…

K Wave Media, a Nasdaq-listed media and entertainment company, said it is redirecting up to $485 million in remaining financing capacity from a Bitcoin treasury strategy into an artificial intelligence infrastructure buildout, according to a Monday 6-K filing with the US Securities and Exchange Commission (SEC). The capital will be deployed into data centers, graphics processing unit (GPU) compute operations and related AI infrastructure investments under an amended securities purchase agreement with Anson Funds, the structured equity financing counterparty to the company. The amendment revises a prior $500 million equity purchase facility, which had been structured to support a Bitcoin…