Author: NBTC
Ethereum treasury companies now control an even bigger percentage of the supply. At the same time, Bitcoin and Solana saw a smaller share of their total supply held by corporate buyers. Ethereum digital asset treasury (DAT) companies now hold over 4% of the total ETH supply. Ethereum treasuries have surpassed Bitcoin and Solana reserves as percentage of the total supply, and have the potential for higher influence within the Ethereum ecosystem. Ethereum treasuries expanded in October, controlling a bigger part of the total supply compared to BTC and SOL reserves. | Source: Artemis The share of Ethereum treasuries shifted ahead…
Taurus, a Swiss provider of digital asset infrastructure for financial institutions, said it is expanding into the U.S. with an office in New York. The move marks its second North American location and signals growing institutional appetite for regulated crypto services amid shifting U.S. policy, the company said Wednesday. It previously opened an office in Vancouver, Canada. The expansion comes as the GENIUS Act, Clarity Act, and the repeal of SEC Staff Accounting Bulletin (SAB) 121 reshape the U.S. regulatory landscape, creating what industry participants see as the most favorable environment for digital assets in years. Taurus said it expects…
Perpetual decentralized exchanges (perp DEXes) registered $1.049 trillion in monthly volume as of Oct. 24, marking the first time on-chain derivatives markets crossed the $1 trillion threshold and establishing a new benchmark for decentralized trading infrastructure. DefiLlama data shows roughly $1.241 trillion in 30-day volume as of Oct. 24. Yet on-chain open interest stands at $15.83 billion, a 12% contraction over the past 30 days, likely related to the Oct. 10 washout. The Oct. 10-11 period delivered the catalyst, following a tariff-driven selloff that produced what CoinGlass termed “the largest liquidation event in crypto history,” wiping out an estimated $19…
Ethereum starts the week trading around $4,000 after facing rejection near the top of its descending channel. Despite recent relief from buyers, the broader structure remains corrective. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH is hovering just below the 100-day moving average, which is acting as short-term resistance. The RSI sits near the midline at 47, indicating a lack of directional bias for now. A break and close above $4,200 would open the door for a retest of the $4,600 supply zone, but failure to break above the upper trendline could signal further weakness. On…
TeraWulf (WULF) is planning to raise up to $575 million through a private sale of convertible senior notes, as it continues shifting focus from bitcoin mining to powering artificial intelligence infrastructure. The company Wednesday announced it plans to sell $500 million in convertible senior notes due 2032, with an option for buyers to tack on an additional $75 million. The offering is limited to qualified institutional investors. Shares are lower by 5% in premarket trading, following yesterday’s 17% surge. The proceeds will help fund construction of a data center in Abernathy, Texas. The move is likely part of a recently…
Western Union is accelerating its push into digital assets as it seeks to modernize its global remittance operations. During the company’s Q3 earnings call, CEO Devin McGranahan announced that Western Union has begun piloting stablecoin-based settlement systems. The initiative aims to streamline international money transfers and improve liquidity management. Western Union Tests Stablecoin Settlements After US Rule Change According to him, Western Union previously maintained a cautious stance toward cryptocurrencies, citing volatility, unclear regulations, and customer protection risks. However, that approach is shifting due to the improved regulatory environment in the United States. McGranahan said the recent passage of the…
Ethereum price defends the $3,900 local support within an ascending triangle pattern, with a potential breakout target near the $4,800–$4,900 zone if resistance around $4,300 is breached. Summary Ethereum spot ETFs saw about $246 million in net inflows on October 28, reflecting renewed institutional interest ahead of the FOMC meeting. BitMine Immersion Technologies expanded its holdings to 3.31 million ETH, worth over $13.3 billion, now owning roughly 2.8% of Ethereum’s circulating supply. Ethereum price holds the $3,900 support as bulls defend the ascending trendline from the October 10 intraday low, marking the lower boundary of an ascending triangle pattern, with…
The Nvidia (NVDA)-led rally in stocks this month has now pushed the returns of the S&P 500 and the Nasdaq above that of bitcoin BTC$113,144.60. With additional gains on Tuesday while bitcoin dipped, the S&P 500’s 17% rise year-to-date is ahead of BTC’s 16% advance. The Nasdaq has widened its lead over bitcoin, now higher by 24%. Gold continues to be the top-performing major asset class with a 50% rise. No rally in U.S. stocks can be talked about with mentioning the Mag 7 names, and specifically within that group Nvidia (NVDA). Shares are up 17% over the past five…
Kraken’s record-breaking third quarter paints a vivid picture of a maturing crypto market and a grown-up company setting its sights on a long-awaited public debut. With $648 million in revenue and $178.6 million in adjusted EBITDA, Kraken posted its highest-ever profits in Q3, up 114% year-on-year. Unlike some of its counterparts that have struggled throughout this bearish bull cycle, Kraken has shown that it’s not just surviving but thriving through it. Breaking records and setting standards In Q3 2025, Kraken’s revenues surged 50% quarter-over-quarter and 114% year-over-year. That’s a result that reflects its diversified product strength and operational discipline. Adjusted…
Kraken’s record-breaking third quarter paints a vivid picture of a maturing crypto market and a grown-up company setting its sights on a long-awaited public debut. With $648 million in revenue and $178.6 million in adjusted EBITDA, Kraken posted its highest-ever profits in Q3, up 114% year-on-year. Unlike some of its counterparts that have struggled throughout this bearish bull cycle, Kraken has shown that it’s not just surviving but thriving through it. Breaking records and setting standards In Q3 2025, Kraken’s revenues surged 50% quarter-over-quarter and 114% year-over-year. That’s a result that reflects its diversified product strength and operational discipline. Adjusted…