Author: NBTC

Hut 8, a company that has strategically repositioned itself from a Bitcoin mining operation to an artificial intelligence infrastructure provider, has seen its stock price surge dramatically in 2025. According to data from TradingView, as reported by BeInCrypto, Hut 8 shares rose from $44 to $133 at their peak this year, representing a gain of nearly 200%. The rally was significantly influenced by a landmark $9.8 billion, 15-year AI data center lease agreement with a large private technology firm, underscoring the market’s confidence in the company’s new direction. A Strategic Pivot from Mining to AI The transformation of Hut 8…

Grayscale’s Head of Research, Zach Pandl, recently suggested that $XRP ETFs could take up about 5% to 6% of $XRP’s circulating supply in the near future. He made this projection during a recent appearance on the Paul Barron Podcast, where both speakers discussed the impressive rise of $XRP-based investment products. Key Points Grayscale’s Zach Pandl says ETFs could hold 5-6% of $XRP’s circulating supply over time. $XRP ETFs have attracted $1.42 billion in total cumulative inflows since launching in Q4 2025. Current ETF holdings represent about 1.4% of $XRP’s $71.2 billion market cap. If these products capture 5-6% of the…

Phantom will end support for the Monad network on Aug. 26, the wallet company said on X on Friday, cutting off the high-throughput EVM chain roughly nine months after its November 2025 mainnet launch. “We’ll soon begin notifying Monad users in-app with links to support articles that share options to move or swap their Monad-native assets,” Phantom said. Because Phantom is self-custodial, Monad assets remain accessible after the cutoff: users can import their recovery phrase into another wallet that supports the chain. The two companies gave different deadlines. Monad’s own post on X, published about three hours before Phantom’s, told…

Hyperliquid trader James Wynn has reopened a highly leveraged Bitcoin short position despite cumulative losses exceeding $22 million, according to blockchain analytics firm Onchain Lens. The move signals a continued bearish conviction on the leading cryptocurrency, even after a series of costly reversals. Position Details and Liquidation Risk The newly opened position is sized at 1.31 $BTC, worth approximately $83,000 at current market prices. Wynn entered the trade with 40x leverage, an entry price of $63,102, and a liquidation price set at $63,785. This means that a relatively modest upward move of less than 1.1% in Bitcoin’s price could trigger…

Aave, a leading lending protocol in the decentralized finance (DeFi) sector, has announced a comprehensive restructuring process aimed at improving the platform’s efficiency. Aave founder Stani Kulechov stated that the protocol will gradually phase out assets with low usage rates and scale back its operations on some blockchain networks. According to the announcement, Aave plans to gradually end support for 50 reserve assets on its own network that are not seeing sufficient usage. In addition, support will be phased out for 25 reserve assets on the Sonic, Scroll, zkSync, Metis, Soneium, and Aptos networks. Thus, a total of 75 reserve…

Ethereum’s core development is progressing with the release of go-ethereum client version 1.17.5, codenamed ‘Grav-Torque Pad’, on July 27, 2026. This update includes maintenance fixes and significant strides toward the upcoming Amsterdam hardfork. The Amsterdam hardfork is a major protocol upgrade designed to enhance Ethereum’s Layer 1 capabilities, focusing on improved block processing, increased transaction throughput, and greater decentralization. Advancing Core Protocol Capabilities The v1.17.5 release specifically continues the implementation work for the Amsterdam hardfork, which is anticipated to be one of Ethereum’s most significant upgrades since The Merge.Latest Stories The Amsterdam upgrade, also known as Glamsterdam, is a two-layer…

Prediction market platform Kalshi rolled out its U.S. “Midterms Hub” as it seeks to position itself as the primary reference for election odds in the U.S The new hub will allow users to observe the outcomes speculators expect in individual U.S. Senate and House of Representatives as the country heads to elections in November, Kalshi said in a press release sent Wednesday. Kalshi said the Midterms Hub will provide a live snapshot of where users are willing to place their bet at any given time. “It’s designed as the one-stop-shop for state and federal election forecasting picture of where a…

Cosmos Labs, the core development team behind the Cosmos (ATOM) blockchain ecosystem, has acquired Mintscan, a widely used blockchain explorer for the Cosmos network, and simultaneously launched a new South Korean subsidiary, Cosmos Labs Korea, in Seoul. The move, first reported by The Block, signals a strategic push to deepen the project’s operational footprint in Asia and integrate critical infrastructure more closely with its core team. Acquisition Details and Strategic Rationale Mintscan has long served as the primary block explorer for Cosmos-based chains, allowing users to track transactions, validate blocks, and monitor network activity. By bringing Mintscan in-house, Cosmos Labs…

On Friday, a clever startup manufactured a viral media story about a Brazilian rancher securing a $19,600 loan by tokenizing 10 cows. However, omitted from the subsequent wall-to-wall media coverage was some very inconvenient context, such as the rancher’s seat on the board of a state-backed ranching fund, his massive herd, and plentiful access to traditional, real estate-based financing. When the story hit social media on Friday, crypto influencers applauded blockchain technologies extending credit to a farmer in need. Unfortunately, this feel-good story falls apart under the slightest scrutiny. Firstly, the rancher’s expansive, multi-generational real estate exceeds 1.3 square miles,…

Bitcoin [$BTC] is below its recent highs now, but it’s far from boring. Market dominance has been rising again and investors are still leaning on Bitcoin during uncertain times. Morgan Stanley’s recent ETF purchase also added to this trend. Bitcoin dominance rises, price takes a hit In mid-2025, Bitcoin was trading close to its highs, but its dominance was falling. At the time, traders were still willing to take more risk in altcoins. Source: X In 2026, things look different though. Bitcoin’s price has dropped from its local highs, and its dominance has moved back up. This tells us that…