Author: NBTC

Bitmine Immersion Technologies (BMNR) said it is purchasing 10,000 ether ($ETH) from the Ethereum Foundation, adding to its growing position as the largest digital asset treasury firm after the bitcoin-centric Strategy (MSTR). The terms of the over-the-counter transaction were finalized on Friday and is worth $23.87 million, the Ethereum Foundation said in an X post. $ETH currently trades at around $2,310, some 3% lower than the sale price in the transfer. The proceeds will support the organization’s operations, including protocol research, ecosystem development and grants, the foundation said. The transaction comes as Bitmine continues to accumulate ether at scale while…

Key takeaways The crypto market is characterized by inefficiencies that present opportunities for hedge funds to capitalize on. Institutional investors face significant barriers in emerging markets due to a lack of investment products, leading to price premiums. The pace of evolution in the crypto market necessitates a multi-strategy approach to remain competitive. The private credit space in digital assets was virtually non-existent in 2021, offering unique investment opportunities. Regulatory constraints make it challenging for banks to maintain large Bitcoin exposures. Market makers face limited options for hedging Bitcoin exposure due to regulatory capital constraints. The demand for high upside and…

On-chain data from the cryptocurrency market over the past week has revealed a concentration of investor capital in certain ecosystems, along with notable outflows from some major networks. While strong inflows were observed, particularly into Layer-2 and next-generation blockchain projects, net capital outflows were noted in some of the market’s leading networks. According to weekly data, Polygon and Hyperliquid were among the ecosystems experiencing the highest net fund inflows, while Ethereum and Arbitrum saw significant outflows. The altcoins and ecosystems that experienced the highest net fund inflows in the last week are listed below: Polygon (MATIC) – $153.02 million Hyperliquid…

In two days, on Wednesday April 7th, a handful of Bitcoin Core developers are going to be doing a demonstration of “attack blocks” designed to take an inordinate amount of time to verify on Signet. The demonstration will take place at 10 AM EST (2 PM UTC). Anyone who wishes to participate can run Bitcoin Core node on Signet and watch the blocks be mined and processed by their node in real-time. Instructions can be found here to spin up a node and follow along (including how to check your node’s logs to see the verification times for the attack…

Aurelion, a Nasdaq-listed company building a Tether Gold-backed treasury, has allocated 10,000 units of the token, worth about $48 million, to a newly launched protocol designed to generate yield on tokenized gold. The DeFi protocol, XAUE, was introduced earlier this week by the Aurise Foundation as a treasury layer for Tether Gold, allowing tokenized gold to be used in yield-generating strategies while maintaining exposure to the underlying asset. Aurelion is the rebranded form of wealth and asset manager Prestige Wealth and is positioning Tether Gold as a primary reserve asset. In October 2025, the company raised $150 million in financing,…

Ethereum price fell for the second straight day on Friday as institutional investors took a step back from the asset as they weighed rising geopolitical risks. According to data from crypto.news, Ethereum (ETH) price fell 4% from the Wednesday high of around $2,400 to $2,300 at press time where it had been consolidating. Ethereum price fell as spot Ethereum ETFs recorded $75.94 million in net outflows over the past day. It marks their first outflow day since April 8, breaking a 10-day inflow streak that drew in over $630 million into the products. The break off from the inflow trend…

The most adopted cryptocurrency networks, based on weekly active user numbers, have been announced. According to the data, Layer-1 and Layer-2 blockchains stand out in terms of user activity, while some networks have seen significant decreases in the last 30 days. According to the list, $BNB Chain continues to lead with approximately 16.9 million weekly active users, followed by Near Protocol and Solana. Based on weekly active user numbers, the top projects were ranked as follows: $BNB Chain ($BNB) – 16.9 million Near Protocol (NEAR) – 15.2 million Solana (SOL) – 9.9 million Tron (TRX) – 6.6 million opBNB –…

Key takeaways AI development is driven by profit motives, potentially leading to superior civilizations. Current AI technologies are causing significant harm to people and society. AI companies exploit labor, creating cycles of layoffs and retraining. The benefits of AI are not equally distributed outside Silicon Valley. Understanding AI requires examining diverse global perspectives beyond Silicon Valley. There is no scientific consensus on human intelligence, complicating AI goals. Companies manipulate the definition of artificial general intelligence for their interests. AI poses existential risks, potentially leading to destruction. Sam Altman influenced OpenAI’s leadership decisions due to concerns about Elon Musk. Sam Altman…

Reacting to the report of the U.S. M2 money supply hitting a record $22.7 trillion, Gemini co-founder Tyler Winklevoss took to X (formerly Twitter) to share his take on the macroeconomic milestone. “Wow. Quite an advertising budget for Bitcoin,” Winklevoss remarked. Wow. Quite an advertising budget for bitcoin https://t.co/bTTfQU7JZw — Tyler Winklevoss (@tyler) April 6, 2026 “Advertising budget” M2 is a broad measure of the money supply that includes cash, checking deposits, and so on. By expanding the M2 supply, the Fed effectively dilutes the purchasing power of the existing dollars in circulation. In contrast, Bitcoin has a hard-coded maximum…

DeFi heavyweights urge the SEC to turn its temporary “non‑custodial UI” safe harbor into binding broker rules that shield neutral infrastructure from creeping regulation. A broad coalition of DeFi builders and investors is pressing the U.S. Securities and Exchange Commission to lock in its recent staff guidance on “non‑custodial user interfaces” through formal rulemaking, arguing that only clear, durable definitions of “broker” will prevent neutral infrastructure from being regulated out of existence. In a letter filed this week, the DeFi Education Fund, Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz and other signatories responded to the SEC Division of Trading and…