Author: NBTC

Hyperscale Data, a U.S.-listed Bitcoin treasury company trading under the ticker DAT, has secured a $30 million Bitcoin-backed loan through the decentralized finance (DeFi) lending protocol Morpho. The funds are earmarked for expanding its AI data center in Michigan, according to a report by The Block. The move underscores a growing trend among Bitcoin-accumulating companies to leverage their digital assets as collateral for operational funding, rather than selling tokens outright. Hyperscale Data also revealed that it sold approximately 100 $BTC last week, while simultaneously establishing a $BTC-backed credit facility to support its AI infrastructure investment strategy. Strategic Use of Bitcoin…

Crypto News The week ahead carries a dense mix of macro releases and crypto-native supply events. Traders are tracking several scheduled token unlocks that will add fresh circulating supply across the altcoin market. LayerZero (ZRO) leads the calendar with roughly 2.36% of its circulating supply unlocking, followed by Toncoin (TON) at about 0.72% and Avalanche (AVAX) releasing near 0.23% of total supply. Newer network Plasma faces a 0.89% unlock. On the macro side, South Korea reports second-quarter GDP, the United States publishes weekly initial jobless claims, and Tesla delivers earnings — data points that often shape risk appetite across digital…

The future of the CLARITY Act, which aims to regulate the cryptocurrency market in the US, may depend on the Trump administration’s response to the new bipartisan ethics proposal. According to cryptocurrency journalist Eleanor Terrett, the Trump administration is considering a counter-proposal drafted by Republican Senator Thom Tillis and Democratic Senator Ruben Gallego. This proposal would authorize state attorneys general to prosecute federal officials if the Justice Department fails to enforce ethics and conflict-of-interest rules. The new proposal aims to address Democrats’ concerns that enforcing ethics clauses directly through the Justice Department, which is under the Trump administration, will not…

Binance, the world’s largest cryptocurrency exchange by trading volume, has experienced approximately $7 billion in cumulative net stablecoin outflows since the start of 2025, according to on-chain data shared by crypto analyst Darkfost. The analyst noted that July alone saw about $2.2 billion in net outflows, marking the latest chapter in a persistent trend that began earlier in the year. What the data shows Darkfost, whose analysis was shared on social media platform X, pointed out that the steady exodus of stablecoins from Binance is not merely a reflection of funds moving between exchanges. Instead, it suggests that investors are…

Strive, an asset management firm known for its Bitcoin-focused treasury strategy, has acquired an additional 147 $BTC, increasing its total holdings to 20,167 $BTC, according to data from Bitcoin Treasuries. This latest purchase underscores the company’s continued commitment to accumulating the cryptocurrency as part of its long-term financial strategy. Details of the Purchase The acquisition was recorded on Bitcoin Treasuries, a platform that tracks corporate and institutional Bitcoin holdings. With this addition, Strive’s total Bitcoin reserves are now valued at approximately $1.2 billion, based on current market prices. The firm has not disclosed the exact price paid for the latest…

Bitmine, an Ethereum accumulation company, has announced plans to distribute 17 cash dividend payments on its 9.50% Series A perpetual preferred stock. According to a press release issued via PR Newswire, the dividends are scheduled to be paid weekly from late August through late December. Dividend Schedule and Structure The payment schedule reflects a consistent weekly cadence, with distributions occurring every week until the end of the year. The 9.50% Series A perpetual preferred stock carries a fixed dividend rate, and the company has committed to a series of payments rather than a single lump-sum distribution. This approach provides preferred…

Citigroup has revised its price target for Coinbase Global (COIN), lowering it to $210 per share from the previous $235. The adjustment reflects a more cautious outlook on the cryptocurrency exchange’s near-term earnings potential amid a challenging market environment. What the Price Target Cut Means The new target still implies a modest upside from Coinbase’s current trading levels, but the reduction signals that analysts see weaker trading volumes and regulatory pressures weighing on the company’s performance. Citigroup’s revised estimate comes as the broader crypto market continues to face volatility, with Bitcoin and other major digital assets struggling to sustain upward…

Moneyflip CEO Marcos Arturo Kleiman Tronllan faces a federal murder-for-hire charge after allegedly paying undercover agents $40,000 to kidnap and kill a businessman over an unpaid debt. Moneyflip CEO arrested in Miami Homeland Security Investigations agents arrested Kleiman in Miami on July 30 in connection with a federal complaint filed in San Diego. Kleiman, 40, is a Mexican citizen and lawful permanent resident of the United States. He previously lived and worked in San Diego, according to the U.S. Attorney’s Office for the Southern District of California. Moneyflip is a registered money services business offering cross-border currency exchange services. Kleiman…

At 4:05 pm in New York, a large tech company releases earnings. The main stock session has ended, executives begin their conference call, and billions of dollars start shifting through every instrument connected to the company. Shares move across extended-hours venues, options desks recalculate volatility, index futures absorb the broader reaction, and investors in Asia prepare for their own trading day. And now CME has placed another instrument inside that competition for the first credible price. On July 27, the exchange launched 55 standard single-stock futures and 22 Micro versions linked to some of America’s most heavily traded companies, including…

Veteran trader Peter Brandt is leaning toward another decline in Bitcoin, although he stressed that he has not yet placed a bet on the cryptocurrency’s next move. “I am not in the bet yet, but if I were to bet it would be for a decline,” Brandt said in a post on X. For now, Bitcoin remains trapped in a relatively narrow range after a sharp correction earlier this summer. The flagship cryptocurrency is currently struggling to reclaim a key resistance area near $67,260. I am not in the bet yet, but if I were to bet it would be…