The post Cathie Wood Explains Why Ethereum’s Unstaking Queue Just Hit New Highs appeared first on Coinpedia Fintech News Ethereum’s unstaking queue has reached a new record. As of today, over 733,000 ETH, worth around $2.76 billion, is waiting to be withdrawn. The queue has stretched to 13 days, the longest wait time the network has ever seen. That’s not all. Ethereum now has more than 1 million active validators, with 35.6 million ETH locked in staking – nearly 30% of the total supply. And as more validators pile in, staking rewards have dropped. The current APR is just 2.97%. Cathie Wood is pointing right at it. Who’s Behind This? According to ARK Invest CEO Cathie Wood, the sudden spike in unstaking isn’t being driven by retail investors. It’s VCs and corporate treasury firms who are pulling out ETH in large chunks. Sharing her thoughts on X , she said the pressure on Ethereum’s network is coming from “Robinhood’s 2% deposit promo and the aggression of treasury companies and VC firms.” It offers a 2% bonus on crypto transfers this month, but only to Gold-tier users. That small bonus seems to be having a big effect, sparking liquidity moves that have clogged up the exit queue. Robinhood offering a 2% match for crypto transfers, and VCs and other investors shifting staked ETH into Treasury companies (DATs) to double their money when lockups expire. As with $MSTR $BMNR ,Treasury stocks are a way wirehouse advisors can give clients exposure to BTC and ETH. https://t.co/CzxOudBSTl — Cathie Wood (@CathieDWood) July 26, 2025 TradFi Firms Are Gaining ETH Exposure Without Holding ETH At the same time, some companies are quietly building exposure to ETH without holding tokens directly. SharpLink Gaming (SBET) and Bitmine Immersion (BMNR) have both become major ETH holders. These firms, backed by Joseph Lubin and Tom Lee, now hold more ETH than the Ethereum Foundation itself. That says a lot about how the market is evolving. Understanding Digital Asset Treasuries There’s also a new concept catching attention – Digital Asset Treasuries (DATs). Companies like SBET are turning their stock into something far more flexible. Instead of just sitting in a portfolio, this equity can now be used in DeFi lending, staking, and derivatives. As FalconX’s Matt Sheffield put it, “Digital asset treasuries are opening new doors… bringing the capital efficiency of public markets to DeFi.” These DATs let investors interact with tokenized stocks directly from their wallets, without needing brokers or banks. ARK Invest Pulls Back From Crypto Stocks In a related move, ARK Invest has sold over $12 million worth of Coinbase shares, along with cuts to holdings in Block, Roblox, and others. Meanwhile, it increased exposure to Tesla and Iridium Communications. Ethereum Is Changing and So Is How It’s Held The surge in unstaking requests reflects a broader change in how investors interact with Ethereum. Whether it’s a short-term liquidity play or the start of something bigger, one thing’s clear: Ethereum’s role in traditional finance is growing fast and it’s no longer limited to the blockchain alone. This is an interesting trend to watch!
BitcoinWorld Bitcoin Price Soars: An Unprecedented Triumph Above $118,000 Imagine waking up to news that Bitcoin, the world’s leading cryptocurrency, has achieved an astonishing milestone. According to Bitcoin World market monitoring, BTC has reportedly risen above the monumental mark of $118,000, trading specifically at $118,006.77 on the Binance USDT market. This reported Bitcoin price surge marks an unprecedented moment in the digital asset’s journey, captivating investors and enthusiasts worldwide. What does this historic achievement signify for the future of finance, and what factors could possibly propel Bitcoin to such stratospheric heights? Let’s delve into the details of this extraordinary development and its far-reaching implications. What’s Behind the Monumental Bitcoin Price Surge? When we witness such an astonishing leap in Bitcoin price , it’s natural to wonder about the underlying forces at play. A rally of this magnitude is rarely the result of a single factor; instead, it’s often a confluence of macroeconomic trends, technological advancements, and shifting investor sentiment. Understanding these drivers is crucial for anyone trying to navigate the volatile yet exciting world of cryptocurrencies. Several key elements typically contribute to significant upward movements in Bitcoin’s value: Institutional Adoption: A major catalyst for any substantial Bitcoin price increase is the growing interest and investment from large financial institutions. When major corporations, asset managers, and even sovereign wealth funds begin allocating portions of their portfolios to Bitcoin, it signals a powerful vote of confidence. This influx of capital not only boosts demand but also lends legitimacy to the asset class, attracting more mainstream investors. Halving Events: Bitcoin’s supply is capped at 21 million coins, and its new supply is periodically cut in half through ‘halving’ events. These events reduce the reward miners receive for validating transactions, thereby slowing down the rate at which new Bitcoins enter circulation. Historically, halving events have preceded significant price rallies due to the basic economic principle of reduced supply meeting constant or increasing demand. Macroeconomic Climate: Global economic conditions often play a significant role. In times of inflation or economic uncertainty, traditional safe-haven assets like gold might see increased demand. Bitcoin is increasingly viewed as ‘digital gold’ by many, offering a decentralized alternative that is not subject to the monetary policies of any single government. This perception can drive significant investment, pushing the Bitcoin price upwards. Technological Advancements and Network Upgrades: Continuous development within the Bitcoin network, such as improvements in scalability (e.g., the Lightning Network) or enhanced security features, can increase its utility and appeal. A more robust and efficient network attracts more users and applications, reinforcing its value proposition. Increased Retail Participation: While institutional money provides large capital injections, widespread retail interest fuels momentum. Easier access to cryptocurrency exchanges, improved user interfaces, and increased public awareness can lead to a surge in individual investors buying Bitcoin, contributing to its upward trajectory. Is This Bitcoin Price Rally Sustainable? The question on every investor’s mind following such an impressive surge in Bitcoin price is whether this momentum can be sustained. The cryptocurrency market is known for its volatility, with sharp corrections often following rapid gains. Evaluating sustainability requires a closer look at market fundamentals, investor behavior, and potential headwinds. Sustainability in the crypto market is complex. While the factors driving the current surge are powerful, potential challenges always exist: Market Corrections: No asset moves in a straight line forever. Profit-taking by early investors and large holders (whales) can lead to significant pullbacks. These corrections are a natural part of market cycles, helping to ‘reset’ valuations and absorb excess exuberance. Regulatory Scrutiny: Governments worldwide are increasingly turning their attention to regulating the cryptocurrency space. While clear regulations can bring stability and legitimacy, overly restrictive or uncertain regulatory environments can dampen investor enthusiasm and impact the Bitcoin price . Global Economic Headwinds: Unexpected economic downturns, interest rate hikes, or geopolitical tensions can lead investors to de-risk their portfolios, potentially causing outflows from riskier assets like cryptocurrencies. Competition from Altcoins: While Bitcoin is dominant, the emergence of innovative altcoins with unique functionalities could, in the long term, divert some investment flows. However, Bitcoin’s first-mover advantage and network effect remain incredibly strong. Despite these potential challenges, the underlying trend towards digital transformation and decentralized finance suggests a strong long-term outlook for Bitcoin. The current rally, if driven by genuine adoption and utility, could signal a new phase of maturation for the asset. How Does This Bitcoin Price Impact the Broader Crypto Market? Bitcoin’s status as the market leader means that its movements have a profound ripple effect across the entire cryptocurrency ecosystem. When the Bitcoin price experiences such a dramatic rise, it often acts as a tide that lifts all boats, influencing altcoins and the overall market capitalization. Here’s how a significant Bitcoin surge impacts the broader market: Altcoin Rallies: Often, after Bitcoin makes a significant move, investors look for opportunities in altcoins. This phenomenon, sometimes called ‘altcoin season,’ occurs as profits from Bitcoin are rotated into other digital assets, driving up their prices. Ethereum, Binance Coin, Solana, and countless other cryptocurrencies often see correlated gains. Increased Market Capitalization: A rising Bitcoin price directly contributes to the overall market capitalization of the crypto space. This increased market cap often attracts more institutional and retail interest, as the perceived size and stability of the market grow. Investor Sentiment: Positive sentiment around Bitcoin tends to spill over into the rest of the market. A soaring Bitcoin can create a sense of optimism and FOMO (Fear Of Missing Out), encouraging new investors to enter the market and existing ones to increase their holdings across various digital assets. Innovation and Development: A bull market, often led by Bitcoin, can provide significant funding and motivation for new projects and technological innovations within the blockchain space. Developers and entrepreneurs are more likely to build and launch new decentralized applications (dApps) and protocols when market conditions are favorable. Navigating the Future of Bitcoin Price: Opportunities and Risks For investors and enthusiasts, a significant surge in Bitcoin price presents both exciting opportunities and inherent risks. Understanding how to navigate this dynamic environment is key to making informed decisions and potentially capitalizing on future movements. Opportunities: Wealth Creation: For those who invested early or held through previous cycles, a rally to $118,000 would represent substantial wealth creation. It reinforces Bitcoin’s potential as a long-term store of value and an appreciating asset. Increased Mainstream Acceptance: Higher prices and increased visibility often lead to greater acceptance of Bitcoin as a payment method, an investment vehicle, and a legitimate financial asset by businesses and governments. Diversification: Bitcoin can serve as a diversification tool within a broader investment portfolio, potentially offering returns that are uncorrelated with traditional asset classes, though this correlation can shift. Risks and Actionable Insights: High Volatility: Even at higher valuations, Bitcoin remains highly volatile. Prices can fluctuate dramatically in short periods. Investors should be prepared for significant drawdowns. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving. Sudden policy changes in major economies could impact the Bitcoin price . Security Risks: While Bitcoin’s blockchain is secure, individual investors must take responsibility for securing their holdings from hacks, scams, and phishing attempts. Actionable Insights for Investors: If you’re considering engaging with Bitcoin, especially after such a significant price movement, here are some actionable insights: Do Your Own Research (DYOR): Never invest based solely on hype. Understand Bitcoin’s technology, its market dynamics, and your own risk tolerance. Consider Dollar-Cost Averaging (DCA): Instead of investing a lump sum, consider investing a fixed amount regularly. This strategy helps mitigate the impact of volatility by averaging out your purchase price over time. Diversify Your Portfolio: While Bitcoin is powerful, don’t put all your eggs in one basket. Diversify across different asset classes, including other cryptocurrencies if you choose to. Secure Your Assets: Use strong, unique passwords, enable two-factor authentication (2FA), and consider hardware wallets for significant holdings. Stay Informed: The crypto market moves quickly. Keep up-to-date with news, regulatory developments, and technological advancements. The reported surge of Bitcoin above $118,000 is a testament to the digital asset’s enduring appeal and growing significance in the global financial landscape. While such a rapid ascent brings exhilarating opportunities, it also underscores the importance of a cautious and informed approach. Bitcoin’s journey is far from over, and its future trajectory will undoubtedly continue to be one of the most compelling narratives in the world of finance. This monumental achievement, if sustained, could reshape perceptions of digital currency, paving the way for broader adoption and integration into everyday financial systems. As Bitcoin continues to defy expectations, it remains a powerful symbol of innovation and the potential for a decentralized future. Frequently Asked Questions (FAQs) Q1: What does it mean for Bitcoin to rise above $118,000? A: A rise above $118,000 signifies a massive increase in Bitcoin’s market value, pushing it to an unprecedented all-time high. This indicates extremely strong demand, significant investor confidence, and potentially a major shift in how the market perceives Bitcoin’s long-term value and utility. Q2: What factors typically drive such a significant Bitcoin price increase? A: Major drivers often include increased institutional adoption (large funds buying Bitcoin), macroeconomic factors (like inflation hedging), Bitcoin halving events (reducing new supply), technological advancements within the network, and growing retail investor interest. These factors combine to create strong buying pressure. Q3: Is a Bitcoin price of $118,000 sustainable in the long term? A: While the crypto market is inherently volatile, a price point like $118,000, if achieved and sustained, would suggest a strong underlying fundamental shift in demand and acceptance. Sustainability depends on continued institutional interest, favorable regulatory environments, and Bitcoin’s continued role as a digital store of value and medium of exchange. However, market corrections are always possible. Q4: How does Bitcoin’s price surge affect other cryptocurrencies? A: Bitcoin’s movements often dictate the broader crypto market’s sentiment. A significant Bitcoin price surge typically leads to a positive ripple effect, with altcoins (other cryptocurrencies) often experiencing their own rallies as investors rotate profits or seek new opportunities. This can increase the overall market capitalization of the crypto ecosystem. Q5: What should investors do during a rapid Bitcoin price rally? A: During a rapid rally, it’s crucial to remain calm and avoid impulsive decisions. Investors should prioritize doing their own research, consider dollar-cost averaging to mitigate volatility, diversify their portfolios, and ensure their assets are securely stored. Avoid investing more than you can afford to lose, as volatility remains a key characteristic of the crypto market. Did you find this article insightful? Share this comprehensive analysis of Bitcoin’s monumental surge with your friends, family, and fellow crypto enthusiasts on social media to help them understand the evolving landscape of digital finance! To learn more about the latest Bitcoin price trends, explore our article on key developments shaping Bitcoin’s institutional adoption. This post Bitcoin Price Soars: An Unprecedented Triumph Above $118,000 first appeared on BitcoinWorld and is written by Editorial Team
Recent developments have triggered unease among XRP holders, not because of any court ruling or regulatory announcement, but due to concerns about Ripple’s political affiliations. Questions about whether Ripple’s actions serve the interests of XRP holders are now gaining traction, as political donations by Ripple’s leadership come under public scrutiny once again. Community Reactions to Ripple’s Political Support Some community members recently drew attention to donations made by Ripple executives to Kamala Harris’ campaign during the 2024 presidential race. Chris Larsen contributed over $11 million to the campaign , making him the top donor from the crypto industry. This news provoked frustrations among community members at the time, and those tensions have reemerged. Donald Trump has consistently shown support for cryptocurrencies, promising to make the U.S. the crypto capital of the world. He accepted crypto donations during his campaign and actively engaged with crypto holders. Larsen’s decision to support Harris did not sit well with many community members who saw Trump as the better candidate for the crypto industry. Some now re-evaluate their long-term support for Ripple, viewing the donations as a sign that the company may not represent their values or financial interests. One crypto user recently highlighted these frustrations, suggesting that XRP holders should dump their tokens if XRP reaches $3.5 again and buy Bitcoin if it crosses $125,000. Former SEC Lawyer Weighs In He also drew attention to the XRP lawsuit, arguing that Joe Biden’s administration held XRP down while Gary Gensler aggressively pursued the crypto market. He called Ripple two-faced for cozying up to Trump after the election despite the support its executives accorded Harris, who shared Biden’s views. Marc Fagel, a former SEC attorney, intervened to address the issue. He clarified that the enforcement action against Ripple was filed under the Trump administration, during Jay Clayton’s tenure as SEC Chair. Fagel explained that Gary Gensler, who took over as SEC Chair months later, had no role in initiating the case. Ripple was sued under the Trump/Clayton administration, long before Gensler was appointed. Basic facts, sorry. — Marc Fagel (@Marc_Fagel) July 24, 2025 Fagel previously noted that it was irrelevant that Clayton signed off on the lawsuit on his final day in office, as the investigation began long before then. Gensler only inherited the lawsuit, and the vote under Clayton to proceed aimed to avoid delays during the leadership transition. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Despite that, the Trump administration has dismissed most crypto-related lawsuits, and Ripple CEO Brad Garlinghouse recently revealed that the company is closing the chapter on the lawsuit , an outcome that may not have materialized under a Harris presidency, and this has reinforced the concern shared by many community members about the company’s support for Harris. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple vs SEC or XRP Holders? Ex-SEC Answers Buzzing Question As Case Awaits Final Whistle appeared first on Times Tabloid .
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The post THORChain Price Prediction 2025, 2026 – 2030: Will RUNE Price Hit $10? appeared first on Coinpedia Fintech News Story Highlights The live price of the Rune token is $ 1.49568126 . The RUNE price may reach a high of $8.98 in 2025. With a potential surge, the price of THORChain could hit $45.33 by 2030. Built using the Cosmos SDK, THORChain aims to enable seamless swaps across chains. It is designed for users who want to trade assets without relying on centralized intermediaries. RUNE acts as the base currency in every liquidity pool, helping to process trades, secure the protocol, and maintain stability. Since THORChain moved to its own blockchain in June 2022, RUNE has seen significant price ups and downs. Curious about what THORChain could offer to its token holders? Look no further, as this write-up will illustrate the feasible price predictions for 2025 and the years to come. Table of contents Story Highlights Overview THORChain Price Prediction 2025 THORChain Price Prediction 2026 – 2030 What Does the Market Say? CoinPedia’s RUNE Price Prediction FAQs Overview Cryptocurrency THORChain Token RUNE Price $ 1.49568126 2.03% Market cap $ 525,605,885.2323 Circulating Supply 351,415,705.00 Trading Volume $ 71,680,478.5472 All-time high $21.26 on 19th May 2021 All-time low $0.007939 on 28th September 2019 *The statistics are from press time. THORChain Price Prediction 2025 With no major updates scheduled before August 2025, the spotlight now shifts to the upcoming V3.8.0 upgrade. This will introduce Solana and TRON support, unlocking access to over 50 billion dollars worth of stablecoins and boosting cross-chain activity. New burn-and-mint mechanics will also enhance security for liquidity providers. By the end of 2025, RUNE might trade at a maximum of $8.98. A major concern about the network is liquidity, and if investors fail to keep up the levels, it might even end up getting delisted from prominent exchanges. In such conditions, with FUD, the token price might be knocked out at $1.22. Consequently, the price could settle at $4.10 if the network does not come across any major impetus. Year Potential Low Potential Average Potential High 2025 $1.22 $4.10 $8.98 Explore the future with our Ethereum price prediction 2025, 2026 – 2030! THORChain Price Prediction 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 7.35 11.83 16.31 2027 11.18 15.93 20.68 2028 16.51 22.50 28.49 2029 21.65 29.70 37.75 2030 26.67 36.00 45.33 What Does the Market Say? Firm Name 2025 2026 2030 Wallet Investor $7.32 $9.74 – priceprediction.net $7.09 $10.31 $54.70 DigitalCoinPrice $12.53 $17.21 $36.18 CoinPedia’s RUNE Price Prediction An increase in recovery momentum equals an increase in surge levels. According to CoinPedia’s THORChain Price Prediction, RUNE might hit maximums and a new peak at $11.98 by the end of 2025. Also, if the coin’s social background disperses, the price can entangle into a bearish hook and might even fall to $4.22. Year Potential Low Potential Average Potential High 2025 $4.22 $8.10 $11.98 Find out the long-term price prospects of Chainlink through Coinpedia’s LINK price prediction . FAQs Is it profitable to invest in THORChain? Yes, according to the predictions, it is good to invest in THORChain. The long-term earning potential is considerably high. How high will RUNE’s price go by the end of 2025? The highest price of RUNE could be about $8.98 by the end of 2025. Is there a lockup for adding liquidity? There is no minimum or maximum time or amount. Join and leave whenever you wish. What could be the highest price of RUNE by the end of 2030? With a potential surge, the price may go as high as $45.33 by the end of 2030. Can I store THORChain on the ledger? You can use all wallets that support BEP2 tokens such as Atomic Wallet, Trust Wallet, and Ledger Wallet. With the Binance Chain app, Binance Chain wallet (binance.org ), etc… RUNE BINANCE
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Summary NA is quickly shifting from being an ASIC designer to a crypto‑treasury vehicle. It now holds a sizeable amount of BTC and BNB. Note that NA’s Cuckoo 3.0 and FPU 3.0 chips deliver 83% better energy efficiency, yet hardware sales remained under $6 million in 2024. Web3 ambitions seemingly supersede NA’s previous chip strategic objectives. Management aims to own 5‑10% of the BNB supply and launch NBNB.io stablecoin. However, that requires billions beyond NA’s currently available resources. That implies aggressive financing, as evidenced by its recent $500 million notes. Still, there’s also upside potential for NA despite its risks. Hence, I lean towards a “Hold” as their bet on stablecoins, BTC, and BNB could pay off considerably. Nano Labs Ltd. ( NA ) is a hybrid technology-crypto company that develops ASIC hardware and blockchain infrastructure. NA also has a business segment that accumulates strategic digital assets (i.e., cryptocurrencies). They also developed high-throughput computing chips like the Cuckoo 3.0 and advanced architectures such as FPU 3.0. However, their recent push into the crypto space is noteworthy. Their formal adoption of Bitcoin as a reserve asset, acquisition of over 120,000 BNB tokens ( BNB-USD ), and planned launch of a licensed stablecoin platform in Hong Kong shift NA into more of a “crypto” play at this point. Still, I feel the stock is a bit too risky to warrant a bullish rating, which is why I settle on a “Hold” at these levels. Crypto Tech Nano Labs is technically a fabless integrated circuit (IC) design firm that develops computing and application-specific chips, as well as software solutions for its hardware. They were founded back in 2019, with an IPO in 2022 , and they’re currently headquartered in Hangzhou, China. Additionally, the company defines its value proposition through accumulating digital asset reserves, mainly Bitcoin ( BTC-USD ). Source: Nano Labs Ltd. Website. Retrieved July 22, 2025. Today, NA’s portfolio includes a range of semiconductor products, such as high-throughput computing (HTC) chips, part of the Cuckoo series, high-performance computing (HPC) chips, vision processing chips, and smart network interface cards (NICs). It’s worth mentioning that their Cuckoo series Application-Specific Integrated Circuits (ASICs) compete with traditional GPUs. Additionally, the company offers integrated software solutions like firmware, control programs, tools for monitoring performance, and blockchain-specific systems to operate and enhance the hardware. In total, these technology packages are intended for enterprise and individual customers. NA’s Enterprise clients are typically mining farms, cloud computing providers, or AI infrastructure operators. Whereas individual customers often include smaller-scale users, such as independent crypto miners. Source: NBIO.io Website. Retrieved July 22, 2025. Having said that, NA launched in December 2024 an upgraded computing device with the Cuckoo 3.0 chip . It’s their latest-generation ASIC chip for HTC. However, it’s particularly useful for mining cryptocurrencies or other Web3 infrastructure workloads. This chip version offers better computing power and efficiency, with a single-core performance of 1.2 gigahashes per second (GH/s) and energy efficiency of 0.14 watts per megahash (W/MHash). To give you an idea, this actually represents an 83% improvement compared to the previous generation, which had more energy consumption and reached 0.79 W/MHash. Chip Differentiators And Crypto Strategy Moreover, NA’s Cuckoo chips are built for the V2 series. These chips are intended for home and small-scale miners that feature silent operation and high performance with low energy consumption. NA also released the floating-point unit ( FPU ) 3.0 architecture built as an ASIC and optimized for specific tasks like AI inference or blockchain processing. The key innovation is the integration of 3D-stacked DRAM for bandwidth increment (up to 24 TB/s) and reduced latency and power consumption. They achieved these efficiencies thanks to the shortening distances between memory and logic using a smart network-on-chip. Source: NA’s Annual Report. April 2025. Essentially, this gives NA’s chip better internal connections and overall improves its competitiveness in the ASIC market for crypto mining. Furthermore, NA’s latest earnings call mentioned they are officially establishing their Bitcoin value investment as a business unit. Their idea is to leverage the global trend of increased adoption of cryptocurrencies, especially Bitcoin. Currently, NA has a segment focused on holding, managing, and expanding its BTC assets. This formal status requires board-level oversight and controls integrated into public filings, as crypto is heavily regulated in China. As of recently, NA holds approximately 400 BTC , valued at around $40 million. On top of that, NA expanded its crypto holdings by buying 120,000 Binance (BNB) tokens. That amounts to a combined total (BTC and BNB) of approximately $160 million. Source: Seeking Alpha. But more interestingly, NA is not just investing in BNB. Instead, it seems this ecosystem is more of a strategic play for the company as a whole. NA’s management is keen on positioning itself as a major long-term holder and financial backer of the Binance ecosystem. Although in the long run they aim to control 5%–10% of BNB’s circulating supply, which should give them a material stake in that ecosystem. It’s also an extremely ambitious target since BNB’s market cap is approximately $106.7 billion , so just 5% of that value would be equivalent to roughly $5.3 billion. Valuation And Risk Analysis Now, from a valuation perspective, NA trades at a $139.2 million market cap, so it remains a relatively small company nonetheless. Their recent annual report shows that their balance sheet holds $4.5 million in cash and $33.8 million in cryptocurrencies (by year-end 2024). NA also reported almost $27.0 million in financial debt (aside from other regular operating liabilities), suggesting it’s relatively indebted already. And in June 2025, they announced a whopping $500 million note deal to continue financing future crypto purchases. Source: Binance. A more recent update shows their crypto holdings amount to approximately $160.0 million as of July 2025. And I do have to give them credit for their latest BNB buy, since their price average is around $672.45, and BNB is trading at about $767.04 already. So, this strategy has worked out for NA so far, but we’ll have to wait and see if, in the long run, this pays off. It’s also worth mentioning that NA is partnering with Orbiter Finance to launch a stablecoin called NBNB.io . They’re aiming for a potential Q4 2025 release, and NA is applying for licenses in Hong Kong to issue these fiat-referenced stablecoins related to the Hong Kong dollar ((HKD)) and offshore Chinese Yuan (RMB). Additionally, NA intends to build a technical infrastructure for stablecoins compatible with the BTS and BNB chains. With stablecoins as core Web3 infrastructure, NA aims to integrate them into cross-chain products, including NBNB.io , via their partner Orbiter Finance. Source: NBIO.io Website. Retrieved July 22, 2025. It’s true that these moves can potentially add a new revenue stream to the chip design and crypto reserves businesses. However, I remain skeptical about their actual competitive prospects with their new stablecoin project. After all, USDT and USDC are well-entrenched and mass-adopted stablecoins in crypto. Those stablecoin alternatives are also regulated, and you can even bet on USDC adoption through Circle Internet Group ( CRCL ). So, in that sense, I’m not as optimistic about this stablecoin strategic direction that NA’s management is now focusing on. Yet, this stablecoin bet also seems similar to their incredibly ambitious aim of controlling 5%–10% of BNB’s circulating supply. It sounds great on paper, but in practice, it’s extremely difficult to achieve. After all, 5%-10% of BNB would amount to several billions of dollars in capital investments, which NA simply doesn’t have at this point. Ostensibly, they’ll finance their purchases with debt (or more stock issuance), but I’m not even sure they can access such a huge amount of loans. NA remains a relatively small microcap for all intents and purposes, so I doubt lenders will simply loan those amounts to an otherwise unprofitable company . Likewise, their near-term revenue prospects seem unremarkable as well. In fact, in 2024, they only generated about $5.6 million in total revenues. Source: Seeking Alpha. Nonetheless, it does show that NA is quickly becoming a leveraged bet in crypto, particularly in BTC and BNB. So, I anticipate the stock will become increasingly volatile as NA’s leverage factor increases with its crypto holdings. On the bull case, BNB and BTC both rally, and NA benefits greatly from such unrealized gains. But the flip side is equally true, and the downside could be substantial and swift since crypto is already notably volatile. If you add to that volatility leverage (like NA is doing), then it’s clear that new investors are taking a substantial risk with the stock. I also estimate they burned through $24.5 million in 2024 . Note that I got that figure by simply adding their cash flows from operations and CAPEX during that period (excluding cryptocurrency purchases). In contrast, we know they had just about $4.5 million in cash (year-end 2024) and about $160 million in cryptocurrencies (July 2025). So, if we combine those figures, it suggests a cash runway of around 6.7 years, which would seem extremely healthy. However, we know they don’t intend to sell their crypto holdings, meaning that their actual runway is probably much shorter. Source: Seeking Alpha. If anything, management wants to continue investing in BTC and BNB. Thus, it’s clear to me that NA will likely keep on piling on more debt or issuing more stock to finance its operations and cryptocurrency purchases. And all of this paints a picture that seems somewhat reckless to me, which is why I can’t give them a bullish rating. I also believe their high-risk, high-reward strategy could pay off massively if BTC and BNB rally and if their stablecoin is a success. That’s why I feel a “Hold” rating at these levels seems fair. Conclusion: Sidelines For Now Overall, I get the impression that NA’s ambitions are extremely high and maybe a bit unrealistic. They want to control a sizeable stake in the huge BNB ecosystem while also launching a stablecoin contender against USDT or USDC, which are well-entrenched alternatives. These two initiatives could definitely pay off significantly, but I remain skeptical since NA’s financial resources are clearly a very limiting factor. So far, NA has resorted to taking on debt and issuing shares to finance these goals, but this does increase its risk factor proportionally. Hence, I think NA is now a very high-risk, high-reward play in crypto rather than a straight-up miner. In my view, I believe this is simply too speculative to warrant a bullish rating, which is why I lean towards a “Hold” for now.
A Tennessee man has been arrested for robbing his partner and stealing about $400,000 in cash and more than $11 million in cryptocurrency. According to reports from WKRN, his partner was Nancy Jones, the widow of the great American country singer and songwriter George Jones. Reports said the suspect, 58-year-old Kirk West of Franklin, was arrested at Nashville International Airport on July 24, a day after authorities officially launched their investigation. Authorities claimed that West was trying to walk off with the stolen cash and about $11 million in cryptocurrency. Criminal steals $11 million in crypto Court documents show that Nancy filed a police report on July 23, where she reported the theft of her cash and digital assets. According to her report, West had jacked the two safes inside her Franklin home around June 26, stealing the cash and her Ledger crypto wallet. Nancy claimed that the Ledger wallet contained more than 5.5 million units of XRP, with the digital asset worth around $2.10 per unit at the time it was stolen. The value of the digital assets was around $11 million, but by the time West was apprehended by authorities, it had jumped to $17 million. While her legal team was able to recover around 5 million XRP units, nearly half of the tokens are still missing, with the whole amount presently worth around $1.5 million. According to reports, Nancy had met West in 2013 after the death of her husband, George Jones. In the affidavit that was filed at the court, Nancy claimed that West had claimed to be a potential buyer for one of her properties, but she soon figured out it was just a ploy to meet wealthy and potentially vulnerable women. Not long after their first contact, West had moved into her house, first sharing the first floor, and soon the pair began a love affair. They began a romantic relationship, and Nancy was charged with funding all their activities, ranging from daily expenses to a new Mercedes-Benz. Court documents also showed that West did not have a house, job, or even money to his name before he met Nancy, but had enough charm to stick around and convince her to enter into a relationship with him and foot all his bills. West to appear in court on October 23 This is not the first time West has been apprehended by the authorities. He pleaded guilty to federal bank fraud back in 2016, after he conned Reliant Bank by faking financial documents to facilitate real estate loans. Nancy was said to have paid for his legal defense and covered more than half of the $800,000 restitution bill he owed. While still under house arrest for that conviction, West started taking a crash course in crypto. He urged Nancy to invest in digital assets like XRP, Ethereum, SHIB, and DOGE. He told her he was a crypto expert, and Nancy, putting all her trust in him, went along with it. It remains unclear how much she invested, but the loss of $1.5 million worth of XRP remains the only asset she just can’t recover. Nancy claimed that after she suspected that West was cheating on her, she called her granddaughter to help her secure the safes in her room on June 26, and that was when she discovered the money and the wallet were gone. West was kicked out of the house two days after the incident, but not before reportedly telling Nancy she would only get $5 million from the entire funds. His bond has been set at $1 million, and he faces charges of theft. The court is scheduled to convene on October 23, and if convicted, West is looking at a long sentence. Nancy is yet to make a public statement, but her attorney has confirmed that she was the victim in this case. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
The recent sharp sell-off in the cryptocurrency market comes after weeks of strong capital flows into small-cap altcoins. This activity has fueled debate in the market about whether altcoin season has arrived. CoinGlass's Altcoin Seasonal Index evaluates altcoins' performance against Bitcoin on a scale of 0 to 100. This index, which rose to 59 on Monday, fell to 41 as of Friday. Coinbase Head of Research David Duong noted in a report that the altcoin market, excluding stablecoins, has nearly doubled since April. However, this week's pullback was blamed on investors taking excessive risks in leveraged altcoin positions. Related News: Analytics Firm Issues Warning: Unusual Data Coming in Bitcoin Options - Here's What It Signals According to the report, the Altcoin Open Interest Dominance metric has risen to 1.6. This ratio represents the ratio of the dollar amount tied up in altcoin derivatives contracts to Bitcoin contracts and has been a precursor to market corrections in the past. Duong stated that a decrease in this ratio would signal a healthy deleveraging in the market, otherwise, further volatility could occur. The Bitcoin Dominance metric is crucial for the sustainability of the altcoin season. This metric, which measures BTC's share of the total crypto market, has fallen below its 200-day moving average, marking the first time it's fallen below that level since January 2025. “A sustained move below the 200-day moving average could confirm an altcoin season. Such situations have preceded weeks of altcoin dominance in the past (e.g., in 2021),” Duong said. However, he added that investors should wait for a few more closes below this level to take a more cautious position. *This is not investment advice. Continue Reading: What’s the Latest on the Big Altcoin Season Everyone’s Dreaming About? Coinbase Analysts Respond
Under the leadership of Executive Chairman Michael Saylor, Strategy has launched its largest preferred stock offering yet. The new STRC shares—part of the company’s growing lineup that includes STRD, STRF, and STRK—mark a bold step in building out its credit yield curve. The company raised $2.5 billion by selling 28 million shares at $90 each , far surpassing the original $500 million goal. STRC is a senior perpetual preferred stock designed for investors seeking steady returns with minimal price swings. With a monthly yield between 9.5% and 10% , it offers a much higher payout than traditional short-term options like Treasury bills or money market funds. To keep its price near $100, Strategy built in smart controls like adjustable dividends and stock buybacks. This offering adds a short-duration layer to Strategy’s financing tools, giving the firm more flexibility to raise funds for Bitcoin acquisitions. The innovative setup aims to deliver high yield while maintaining stability , making it an appealing option in today’s interest rate environment.