Author: NBTC

Bernstein has reiterated its outperform rating on TeraWulf (NASDAQ: WULF) and maintained a $36 price target, following the company’s second-quarter earnings report. The firm’s positive stance is driven by TeraWulf’s significant progress in its high-performance computing (HPC) segment, which generated $32 million in revenue and accounted for 71% of total revenue during the quarter. This marks a strategic shift from traditional bitcoin mining toward AI and cloud infrastructure services, a move that analysts see as a key differentiator in the competitive crypto mining landscape. Strategic Shift to High-Performance Computing TeraWulf’s pivot to HPC is not just a diversification tactic; it’s…

Litecoin [$LTC] is preparing to introduce smart contracts through LitVM, an EVM-compatible layer-2 that extends the network without changing its base layer. Rather than modifying Litecoin’s base layer, LitVM will be executing transactions off-chain before settling them back on Layer-1. As a result, it will be preserving the network’s established security model. Meanwhile, the LiteForge public testnet has already processed over 140 million transactions across 11 million addresses. The milestone suggests that the developers have been actively exploring the network. Source: X Still, according to DeFiLlama data, Litecoin’s DeFi ecosystem holds only $700,000 in total value locked. This implies that…

CryptoQuant, a cryptocurrency analysis platform, has reported a significant increase in the influence of large whales on Binance for $XRP transfers. According to CryptoQuant data, the seven-day moving average of whale dominance in $XRP outflows from Binance rose to 81% on August 3rd. This was the second highest level the indicator has reached since June 11th, when it was 81.3%. On the same date, the share of outflows by individual investors on Binance decreased to 18 percent. This rate was equal to the level seen on June 11th. The data showed that approximately four-fifths of $XRP outflows from Binance originated…

Michael Saylor’s Strategy has sold 6,948 $BTC in 2026, raising $431.8 million as part of its $BTC monetization program. Saylor first announced in May that Strategy would soon start selling its $BTC. Then in late June, the company revealed it would sell its accrued $BTC as part of a monetization program to raise $1.25 billion for its USD reserve. The money would be spent on preferred stock dividends, digital credit securities or Class A common stock. Strategy’s K-8 filings reveal that its first sale of 32 $BTC took place in late May. This sale made the firm $2.5 million while…

Guangdong has proposed expanding cross-border digital yuan payment pilots and other cross-border financial programs as part of a draft development plan for the China (Guangdong) Pilot Free Trade Zone. According to a draft of the China (Guangdong) Pilot Free Trade Zone 15th Five-Year Development Plan (2026–2030) released by the Guangdong Department of Commerce on Aug. 6 for public consultation, the province intends to enlarge financial opening measures while supporting more digital yuan use cases and expanding trials for cross-border e-CNY payments. The consultation document, which will remain open for public feedback until Sept. 5, also outlines plans to support offshore…

$XRP Ledger Axelar Integration Opens A New Cross-Chain DeFi Route The $XRP Ledger has connected to Axelar, opening a new route for $XRP and XRPL-native assets to move into broader cross-chain DeFi environments. The integration allows $XRP to connect with applications across EVM and Cosmos ecosystems through Axelar’s interoperability stack. That does not mean XRPL has become a native EVM chain. It means XRPL assets now have a clearer bridge into other networks and applications. That distinction matters. For years, $XRP has been one of the most liquid assets in crypto, but XRPL’s DeFi ecosystem has developed differently from Ethereum-style…

The time is running out for the CLARITY Act before the Senate takes its recess on August 7, and the impact of this delay is being felt differently in the crypto space. Major firms are managing to raise funds, but smaller companies, DeFi projects, and community banks are still expecting the appropriate regulations, which, it seems, will come up only in 2027. That disparity became clear this week when Cathie Wood’s ARK Invest increased its stake in Coinbase and Circle Internet, according to Investor’s Business Daily, whereas Senate Majority Leader John Thune said nothing except that he was looking for…

Decentralized exchanges (DEXs) are moving beyond traditional token trading as Uniswap launches pools.trade on Robinhood Chain. Meanwhile, Bankr and Sushi are exploring a partnership to challenge Uniswap’s dominant ecosystem position. Uniswap’s launch of pools.trade on Robinhood Chain and rising interactions between Bankr and Sushi mark a shift in decentralized finance. Decentralized exchanges are no longer just competing on the basis of swaps and liquidity depth. Platforms are now developing native token launchpads to attract projects, creators, and users. How Launchpads Could Become a Key Competitive Advantage for DEXs Native launchpads are gradually emerging as a major competitive advantage because whoever…

Strategy CEO Phong Le has explained the company’s recent pause in Bitcoin purchases. Le stated that the current policy stems not from the $BTC price, but from the company’s goal of increasing its dollar reserves. According to notifications to regulatory bodies, Strategy recently sold over 1,600 Bitcoins for a total of over $108 million. The average price per Bitcoin in the sale was approximately $64,200. This transaction marked the second consecutive week that the company sold Bitcoin. Strategy also hasn’t made any new $BTC purchases in seven weeks. Speaking to Fox Business, Le revealed that the company holds 840,000 $BTC…

The Federal Reserve left interest rates untouched on July 29, 2026, holding its target range at 3.50% to 3.75%, yet the ripple effects moved through mortgage markets and crypto trading desks almost immediately. Understanding the Federal Reserve bitcoin impact has become a running preoccupation for traders this summer, especially as Chair Kevin Warsh signaled the central bank might soon meet less often — a shift that could stretch the gaps between rate decisions and, by extension, the windows in which Bitcoin absorbs macro shocks. Key takeaways The Fed held its benchmark rate at 3.50% to 3.75% on July 29, 2026,…