Invest ideasNews
19 May 2026, 10:02
Analyst Says XRP Will Mark a Launchpad Similar to 2025 Markup If This Happens
Crypto analyst ChartNerd has shared a new technical outlook for XRP that focuses on what he describes as a “third and final retest” within the asset’s long-term cyclical structure. The analyst argued that if the current setup succeeds, XRP could follow a path similar to previous major breakout periods seen in 2017 , 2021, and the current 2025 cycle. The chart attached to the post highlights what ChartNerd calls a “multi-year ascending support” trendline that has guided XRP’s historical market structure across several cycles. According to the visual analysis, each major correction phase led to strong upward expansions after XRP completed repeated retests of the support area. ChartNerd wrote, “If successful, this third and final retest within XRP’s cyclical structure will mark a launchpad similar to the 2017/2021 and 2025 markups.” He also added that even if the setup fails, he remains positioned in the market and thanked crypto commentator Moon Lambo for previous discussions on the asset. If successful, this third and final retest within $XRP 's cyclical structure will mark a launchpad similar to the 2017/2021 and 2025 markups. If it doesn't, we're positioned regardless thank you @MoonLamboio pic.twitter.com/iQSGk316Ni — ChartNerd (@ChartNerdTA) May 17, 2026 Historical Cycles Show Large Percentage Expansions The chart presented in the post compares historical XRP market cycles dating back to 2014. It identifies several “creation” and “retest” zones before large upward price movements occur. One section of the chart shows XRP recording gains above 68,000% during an earlier cycle, as later cycles displayed smaller but still significant percentage increases, including 1,091%, 696%, and a projected 2,014% move in the latest structure. The latest projection on the chart suggests that if XRP follows similar historical pattern, the asset could experience another sharp upward movement after completing the current retest zone. Moon Lambo Addresses XRP Price Expectations In a video attached to the discussion, crypto commentator Moon Lambo explained why he takes ChartNerd’s analysis seriously despite the chart’s aggressive upside targets. He noted that ChartNerd has consistently warned that XRP could still fall below the $1 level before any major rally begins. Moon Lambo emphasized that the analyst is not guaranteeing such a decline, but instead presenting it as a possible scenario within the broader market structure. He also pointed out that ChartNerd remains bullish on XRP over the long term and has previously suggested the asset could eventually reach as high as $27 if the projected breakout materializes. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Crypto Market Liquidity Could Drive Large Moves According to Moon Lambo, many people outside the crypto industry dismiss large percentage targets for being unrealistic. However, he argued that digital asset markets operate differently from larger traditional financial markets due to lower liquidity and overall participation levels. He explained that when significant capital enters the crypto market during bullish periods, price movements can accelerate rapidly because it takes comparatively less money to move valuations higher. Moon Lambo stated that this market dynamic is one reason why digital assets have historically produced outsized returns during strong bull cycles. The discussion arrives as XRP continues to trade within a closely watched range while analysts debate whether the asset is preparing for another expansion phase. For supporters of the bullish thesis, the current “third retest” structure shown by ChartNerd could become one of the most important technical formations in XRP’s ongoing market cycle. 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 Analyst Says XRP Will Mark a Launchpad Similar to 2025 Markup If This Happens appeared first on Times Tabloid .
19 May 2026, 09:57
US keeps Russian oil waiver alive as price fears mount
The United States is extending a sanctions waiver on seaborne Russian oil as the closure of the Hormuz Strait continues to pressure global markets. Washington says this will help “energy-vulnerable” countries cut off from supply through the choke point as a result of the Iran war, which is yet to end. U.S. Treasury extends license for Russian oil for another month The administration of U.S. President Donald Trump announced another 30-day extension of a sanctions waiver which permits the purchase of oil of Russian origin stranded at sea. The measure concerns crude and petroleum products loaded on tankers as of April 17, 2026, reads the notice published by the U.S. Treasury’s Office of Foreign Assets Control (OFAC). Treasury Secretary Scott Bessent took to X on Monday to highlight that the license will aid nations whose energy supplies have been affected by the war with Iran. The United States is reissuing it for a second time during the conflict, which approaches its third month. The previous waiver lapsed on Saturday and the move was expected. A knowledgeable source had revealed to Reuters that the extension was requested by poor nations that cannot receive shipments from the Persian Gulf. “This general license will help stabilize the physical crude market and ensure oil reaches the most energy-vulnerable countries,” Bessent emphasized in his post. . @USTreasury is issuing a temporary 30-day general license to provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea. This extension will provide additional flexibility, and we will work with these nations to provide… — Treasury Secretary Scott Bessent (@SecScottBessent) May 18, 2026 The temporary authorization allows buyers to access Russian oil without violating sanctions imposed on Russia’s giants Rosneft and Lukoil when the U.S. pushed for peace in Ukraine last year. The coordinated U.S.-Israeli strikes on the Islamic Republic, which started at end of February, sent oil prices soaring, with the benchmark Brent exceeding $110 per barrel this week. The Treasury first issued the waiver in March to ease supply shortages and alleviate price pressures. U.S. officials also insist it limits China’s stockpiling of discounted Russian oil. In April, Bessent said the United States was not going to extend the licenses for both Russian and Iranian oil. Sanctions on the latter had been also waived the previous month. Trump’s Russian oil sanctions relief draws criticism The administration’s decision to license Russian oil supplies has been criticized by Donald Trump’s political opponents in the U.S. Last month, 14 Senate Democrats described it as a “mistake that President Trump must reverse immediately,” as noted by Politico. Now, democratic senators Jeanne Shaheen (NH) and Elizabeth Warren (MA) called it an “indefensible gift” to Russian President Vladimir Putin. In a statement quoted by Reuters, they warned: “Every additional dollar the Kremlin earns from this license helps Putin finance his illegal war against Ukraine and kill innocent Ukrainians.” They also insisted that the sanctions waiver is neither helping bring down prices at the pump in America, nor stabilizing global fuel markets. Analysts agree that while the measures may prove helpful to some nations highly dependent on Gulf oil, they won’t lower U.S. gas rates. “It is not yet clear whether these short-term authorizations have had any meaningful impact on U.S. gasoline prices,” said Stephanie Connor, partner at the Holland & Knight law firm. The former policy director at OFAC further remarked that the sanctions on Russian oil imposed by the European Union and the United Kingdom remain in force at this point. Many are also concerned that the American waivers are giving an additional boost to Russia’s oil revenues, already bumped by higher oil prices. “Given the information coming out of the Russian economy that looks bad, this might be the time to really hit them with sanctions, but I don’t see the administration has come to that conclusion,” commented Charles Lichfield, deputy director of the Atlantic Council’s GeoEconomics Center. Meanwhile, the United States did not renew the waiver for Iranian oil, which expired last month when Washington imposed new sanctions to put additional pressure on Tehran. The smartest crypto minds already read our newsletter. Want in? Join them .
19 May 2026, 09:56
Bitcoin ETFs See Biggest Outflows Since January Amid BTC Dip
BlackRock’s IBIT saw the biggest losses, followed by Ark & 21Shares and Fidelity products. Analysts linked the outflows to rising macroeconomic uncertainty, inflation concerns, and the geopolitical tensions between the United States and Iran. Bitcoin also experienced heightened volatility over the past 24 hours. Bitcoin ETFs Lose $648M in One Day Spot Bitcoin exchange-traded funds (ETFs) in the United States experienced their largest single-day outflows since late January. According to data from Farside Investors, US spot Bitcoin ETFs recorded a combined $648.6 million in net outflows on Monday, extending last week’s total outflows to roughly $1 billion. BTC ETF flows (Source: Farside Investors) The biggest withdrawals came from bigger institutional products. BlackRock’s IBIT led the losses after seeing approximately $448.4 million leave the fund in a single day. Ark & 21Shares’ ARKB followed with $109.6 million in outflows, while Fidelity’s FBTC lost another $63.4 million. Negative flows were also recorded across ETFs operated by Bitwise, VanEck, Invesco, and Franklin Templeton. Market analysts believe the selloff is a defensive repositioning strategy rather than a complete loss of confidence in Bitcoin. Dominick John, an analyst at Zeus Research, explained that institutions are becoming more tactical with ETF exposure due to increasing uncertainty surrounding interest rates, inflation, and global instability. According to John, many firms are temporarily reducing exposure and keeping capital on the sidelines while waiting for more clarity around macroeconomic conditions and volatility trends. Over the weekend, Bitcoin fell below the psychologically important $77,000 level as tensions between the United States and Iran intensified. This also pushed oil prices higher and revived concerns that inflation could stay elevated for longer than expected. Rising energy prices often create fears that central banks may delay interest rate cuts, which tends to weigh on risk assets like cryptocurrencies. Bitcoin’s price action over the past 24 hours reflected the nervous market environment. BTC traded around $79,569 at press time, down roughly 2.1% on the day. BTC’s price action over the past 24 hours (Source: CoinCodex) Bitcoin initially climbed toward the $77,500 range before facing heavy selling pressure that dragged the price down below $76,300. Buyers later stepped in to stabilize the market, leading to a recovery attempt. Despite the rebound, Bitcoin struggled to maintain momentum above the $77,000 region.
19 May 2026, 09:45
Gold Vulnerable Near Daily Low as Hawkish Fed Bets and Geopolitical Tensions Lift USD
BitcoinWorld Gold Vulnerable Near Daily Low as Hawkish Fed Bets and Geopolitical Tensions Lift USD Gold prices are trading near their daily lows on Thursday, showing vulnerability as renewed expectations of a hawkish Federal Reserve and escalating geopolitical tensions drive the US dollar higher. The precious metal, which typically benefits from uncertainty, is instead facing headwinds from a strengthening greenback that makes dollar-denominated assets more expensive for foreign buyers. Fed Rate Hike Bets Weigh on Bullion Market participants are increasingly pricing in the possibility of additional interest rate hikes from the Federal Reserve following a series of stronger-than-expected economic data releases. Recent reports on inflation and employment have reduced the likelihood of near-term rate cuts, a scenario that traditionally supports the dollar and weighs on non-yielding assets like gold. According to the CME FedWatch Tool, the probability of a 25-basis-point rate hike at the upcoming meeting has risen, reflecting a shift in market sentiment. Higher interest rates increase the opportunity cost of holding gold, which offers no yield, making it less attractive compared to interest-bearing assets. Geopolitical Risks Fuel Safe-Haven Dollar Demand Ongoing geopolitical tensions, including developments in the Middle East and Eastern Europe, have prompted investors to seek safety in the US dollar rather than gold. While gold is often considered a safe-haven asset, the dollar’s status as the world’s primary reserve currency has drawn capital flows in times of heightened uncertainty. The dollar index (DXY) has climbed to multi-week highs, putting additional pressure on gold prices. The inverse relationship between the dollar and gold remains a key driver of short-term price action. What This Means for Investors For traders and investors, the current environment suggests that gold may face continued resistance in the near term unless the dollar weakens or geopolitical risks escalate further. Key support levels for XAU/USD are being tested, and a break below could accelerate selling pressure. However, any unexpected dovish shift from the Fed or a de-escalation in global tensions could trigger a rebound. Conclusion Gold remains under pressure as a combination of hawkish Fed expectations and geopolitical uncertainty bolsters the US dollar. While the metal retains its long-term appeal as a hedge, near-term sentiment is bearish. Market participants should monitor upcoming Fed commentary and geopolitical headlines for directional cues. FAQs Q1: Why does a stronger US dollar hurt gold prices? Gold is priced in US dollars. When the dollar strengthens, it takes fewer dollars to buy the same amount of gold, which pushes prices lower. Additionally, a stronger dollar makes gold more expensive for holders of other currencies, reducing demand. Q2: How do Fed rate hike expectations affect gold? Higher interest rates increase the opportunity cost of holding gold, which does not pay interest or dividends. As yields on bonds and savings accounts rise, investors may shift away from gold toward yield-bearing assets, putting downward pressure on prices. Q3: Is gold still a safe-haven asset during geopolitical crises? Yes, gold is historically a safe-haven asset. However, during certain crises, the US dollar also acts as a safe haven, and its strength can temporarily outweigh gold’s appeal. The relationship depends on the nature of the crisis and global capital flows. This post Gold Vulnerable Near Daily Low as Hawkish Fed Bets and Geopolitical Tensions Lift USD first appeared on BitcoinWorld .
19 May 2026, 09:43
Bitcoin Price Prediction: Iran Starts BTC-backed Shipping Insurance for Hormuz
Bitcoin price is holding its $77,000 support in a brutal week that sees it falling from $83,000 to as low as $76,000 despites analysts calling for a single bullish prediction. However, for now, Iran has launched a state-backed, bitcoin-settled maritime insurance platform for cargo transiting the Strait of Hormuz. It’s a move that could redefine how sanctioned economies interact with crypto infrastructure. The full operational details remain thin at the moment, but the implications for Bitcoin’s role in global trade finance are anything but. Iran’s Ministry of Economic Affairs and Finance rolled out a platform called Hormuz Safe around May 16–18. The service allows Iranian shipping companies and cargo owners to pay insurance premiums in Bitcoin, with policies described as “cryptographically verifiable” and activating upon on-chain confirmation. BREAKING: Iran has launched "Hormuz Safe," a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz. Details include: 1. The Iranian government says it could generate more than $10 billion in revenue from the program 2. The service… — The Kobeissi Letter (@KobeissiLetter) May 18, 2026 The report notes that coverage is initially restricted to Iranian entities, explicitly excluding vessels linked to states involved in the US-Israeli conflict. Officials cite potential annual revenues exceeding $10 billion if Hormuz Safe captures meaningful traffic through a chokepoint handling roughly 20% of global seaborne crude. Discover: The best pre-launch token sales Bitcoin Price Prediction: $80,000 Before Summer With The Help Of Geopolitical Demand Bitcoin current price is consistent with a coiling consolidation pattern that has been flagged across multiple desk notes. Volume remains moderate, suggesting the move hasn’t yet attracted a decisive wave of momentum buying. Key support sits in the $75,000 zone, a region that served as hard resistance through March and April before flipping to a base. Overhead resistance clusters between $80,000–$81,000, just below its local high this month. Bitcoin (BTC) 24h 7d 30d 1y All time Bitcoin’s price action has already shown sensitivity to geopolitical headlines , and Iran’s Hormuz Safe announcement injects a new demand narrative for sovereign-level Bitcoin adoption in energy trade settlement. What bulls want is for ETF inflows to remain supportive, macro conditions to hold, and the Hormuz Safe story to drive institutional FOMO. If all those happen, BTC could re-tests $80,000 resistance soon Longer-horizon price models point toward the $80,000–$100,000 range for the next impulse leg if the bull cycle resumes. However, the path there depends heavily on whether catalysts like Hormuz Safe translate into sustained demand or regulatory noise. Discover: The best crypto to diversify your portfolio with Bitcoin Hyper to Run as BTC Tests Institutional Limits Here’s the uncomfortable truth for Bitcoin bulls: the Hormuz Safe announcement exposes exactly what holds Bitcoin back at scale. Slow settlement, high fees during congestion, and near-zero programmability make raw BTC a clunky rail for complex financial products like insurance contracts. Bitcoin Hyper ($HYPER) is positioning itself as the infrastructure fix of Bitcoin. It is billing itself as the first-ever Bitcoin Layer 2 with full Solana Virtual Machine (SVM) integration, designed to deliver faster smart contract execution than Solana itself while preserving Bitcoin’s security and trust model. The project has raised $32 million in its ongoing presale, with tokens currently priced at $0.0136 . A Decentralized Canonical Bridge handles BTC transfers natively, while high 35% APY staking rewards early participants for locking tokens. Hyper’s use case is precise: fast , low-cost, programmable Bitcoin. It offers exactly what an insurance settlement rail requires. Research Bitcoin Hyper before the next price tier comes. The post Bitcoin Price Prediction: Iran Starts BTC-backed Shipping Insurance for Hormuz appeared first on Cryptonews .
19 May 2026, 09:40
Worth Speculating On Bit Digital's Bet On Ethereum And WhiteFiber
Summary BTBT has shifted from Bitcoin mining toward becoming an ETH treasury management company with staking yield. However, that’s not the only bet with this stock. They also have WhiteFiber AI/HPC infrastructure. WhiteFiber's NC-1/Nscale ramp has upside potential, though it brings execution risk and is CAPEX-intensive. BTBT does have liquid assets, but its value ultimately rests on ETH spot prices and WhiteFiber's contracted infrastructure. Overall, I think BTBT is a complex stock, but it could be a viable speculative “Buy” for investors who are already bullish on ETH and the cloud. Bit Digital, Inc. ( BTBT ) is a company focused on Ethereum ( ETH-USD ) treasury management and AI infrastructure. This exposure comes through its majority stake in WhiteFiber ( WYFI ). Generally speaking, BTBT has pivoted towards combining a large ETH balance sheet and staking activity, while also adding recurring infrastructure revenue from cloud and colocation services. Since that pivot, their legacy mining business has become less relevant. Yet, I also acknowledge that BTBT’s prospects ultimately hinge on highly volatile crypto assets like Ethereum. Despite this, I think BTBT may be a viable speculative “Buy” for investors who are already bullish on ETH, and have a positive macro view on AI/HPC computing demand in the long run. Ethereum Treasury Meets AI Compute Bit Digital, Inc. is a Strategic Asset Company ( SAC ) focused on ETH treasury management and staking. They’re also involved in Artificial Intelligence ( AI ), and High Performance Computing (HPC) infrastructure through its majority stake in WhiteFiber Inc. ( WYFI ). BTBT was incorporated back in 2017 as Golden Bull Limited, but they renamed to their current name in 2020 . Their principal executive office is located in New York. They recently reported Q1 results , and their business is intriguing due to its ETH and cloud exposure, so I felt it was worthwhile covering this name. Source: Corporate Presentation. February 2026. Previously, BTBT was primarily a Bitcoin ( BTC-USD ) mining company. It still has a digital mining business, but it is a shrinking legacy operation. They have also converted their BTC holdings into ETH over time. But its underlying business mix has also changed sharply. By 2025 , BTBT generated $113.6 million in revenue from cloud services of $68.8 million, digital asset mining of $27.3 million, colocation of $8.9 million, and ETH staking of $7.0 million. More recently, their Q1 2026 sales reached only $27.9 million, including $16.8 million from cloud services, $4.8 million from colocation, $3.7 million from mining, and $2.3 million from ETH staking. It’s worth mentioning that BTBT chose ETH because they see it as a productive asset, as it generates yield through staking (approximately 3.5% annual yield in ETH terms). BTBT also plans to grow its ETH treasury opportunistically over time, which is why it’s considered a SAC. And the underlying idea is that if BTBT holds and stakes ETH, its ETH balances can grow through staking rewards. WhiteFiber’s Impact On BTBT With that in mind, BTBT’s latest Q1 revenue declined QoQ, although its large net loss was mostly tied to non-cash mark-to-market losses on digital assets, mainly ETH. The WhiteFiber piece is important because it adds a more operating-driven infrastructure angle to BTBT. In cloud services, WhiteFiber gives customers access to GPU compute capacity. In colocation, customers place their own computing equipment inside WhiteFiber’s data centers and pay recurring fees for physical space, power, cooling, connectivity, installation, and service support. For context, BTBT owned approximately 70.1% of WhiteFiber in Q1 2026. Source: Corporate Presentation. February 2026. Interestingly, WhiteFiber started as an internal BTBT business. In January 2024, it launched cloud services, and the business then moved toward NVIDIA GPU infrastructure and owned data-center capacity, including later deployments of NVIDIA B200 GPUs tied to GPU cloud demand. In October 2024, BTBT acquired Enovum , which vertically integrated the HPC business into colocation and added operating data-center capacity. WhiteFiber later signed the Cerebras colocation agreement for MTL-3, a planned Quebec facility near Montreal that will support a five-year, 5 MW built-to-suit arrangement. That contract represented about $979,000 of monthly revenue, so I would treat it as a smaller proof point for colocation demand rather than the main WhiteFiber upside driver. Yet, I’d consider BTBT’s larger value driver within WhiteFiber lies in NC-1. WhiteFiber acquired the Madison, North Carolina , property for $45.0 million. And later they signed a 10-year Nscale agreement that represents approximately $865.0 million of total contract value for 40 MW of colocation capacity. In other words, Cerebras and MTL-3 are promising, but it’s probably NC-1 and Nscale that represent the bigger catalysts for BTBT’s prospects. Source: Corporate Presentation. February 2026. Within that WhiteFiber platform, BTBT’s colocation segment increased from $1.4 million in 2024 to $8.9 million in 2025, thanks to the contribution of the Enovum data-center acquisition to the full year of revenue in 2025. BTBT acquired Enovum in October 2024, and that asset is now owned by WhiteFiber. The deal included MTL-1, a leased 4 MW Tier-3 data center in Montreal that was already operational and fully leased. Overall, I believe WhiteFiber’s acquisitions should give the company more potential customers and colocation opportunities over the long term. And, more importantly, this gives BTBT a vital contracted infrastructure angle beyond just hoping that the price of ETH recovers eventually. Valuation And Risk Analysis Now, from a valuation perspective, BTBT currently trades at a $630.1 million market cap. Its latest 10-Q shows $79.5 million in cash, $295.0 million in digital assets, and $56.0 million in investment securities. That amounts to roughly $430.5 million in liquid resources against $344.2 million in financial debt (convertible notes and derivative liability), aside from other regular operating liabilities. That way, I estimate its EV at roughly $543.8 million. Additionally, BTBT generated $113.6 million in 2025 revenue , which implies an EV/S of about 4.8x, or roughly 33.0% above the EV/S of 3.6x sector median . Source: Seeking Alpha. Spot price percentage changes over time. BTBT in orange, and ETH in green. Another way of looking at it is that BTBT’s $630.1 million market cap includes $430.5 million of gross liquid resources, which are mostly ETH, but also account for cash and investment securities. But these liquid assets are offset by $344.2 million of debt obligations , so BTBT’s net liquid assets are only $86.3 million. This is around 13.7% of BTBT’s market cap. That means the rest of the equity value hinges on BTBT’s two main value drivers, with 1) ETH and 2) WhiteFiber. The ETH side is relatively simple. BTBT has about 155.4 thousand ETH , equivalent to $326.4 million, assuming an ETH spot price of $2,100. This ETH position gives BTBT staking revenue, while the company still has some legacy mining exposure. But basically, this value driver ultimately depends on the long-term spot price of ETH. The other value driver is WhiteFiber, which is the company’s AI/HPC infrastructure angle. So, if you’re already bullish on ETH, then BTBT could be a way to express that view with some added WhiteFiber optionality. Source: Seeking Alpha. Just to give you an idea, BTBT’s ETH holdings would be worth approximately $466.3 million (equivalent to 74.0% of its current market cap) if ETH recovered to $3,000. Alternatively, if ETH makes a lower low to $1,500, the same holdings would be worth only $233.2 million (equivalent to 37.0% of its current market cap). So please bear this in mind before committing any capital to BTBT. After all, if ETH’s decline continues, then BTBT investors could also experience substantial shareholder losses. Separately, the WhiteFiber bet also gives them some optionality. WhiteFiber's Q1 revenue from cloud and colocation was $21.9 million. Annualized, that’s an $87.6 million revenue run rate. But it is still a capital-intensive growth segment, and assuming ETH prices don’t collapse, it could help create some upside potential for BTBT as well. Having said that, I also calculate that BTBT burned through $170.3 million during Q1 2026. Note that I got that figure by simply adding its Q1 cash flow from operations of -$1.1 million and CAPEX of -$169.2 million. Unfortunately, a simple annualization of that Q1 use of cash suggests a cash runway of only 0.6 years, which is a risk worth discounting with BTBT. Source: Corporate Presentation. February 2026. And this is especially true since much of BTBT’s residual equity value now depends on WhiteFiber’s capital-intensive AI/HPC infrastructure ramp, not just on its net liquid assets. Concretely, the quarter included $117.8 million of NC-1 development costs, $2.5 million of MTL-3 infrastructure costs, and $21.6 million of other PPE prepayments. Plus, it’s reassuring that their 10-Q explicitly says they have enough financing for at least the next 12 months. So, at least in principle, their burn rate going forward should be lower as they’ve already done the big CAPEX outlay in Q1. Basically, I’d say their Q1 was more of an unusually high CAPEX quarter rather than the norm, and this larger infrastructure base will help grow their WhiteFiber revenues in the long term. Conclusion: Speculative “Buy” Overall, I think BTBT is a complex stock because it depends on two completely different value drivers. First, the spot price of ETH is completely outside the company’s control. And the second is WhiteFiber, which is promising but requires CAPEX and careful execution to actually convert contracts into stable long-term revenues. However, BTBT’s Q1 update said that WhiteFiber’s NC-1 will begin delivering capacity to Nscale during Q2 2026. And this is the main catalyst that ultimately nudges me towards a speculative “Buy” rating on BTBT at these levels. After all, the valuation itself isn’t excessive, and by Q3 2026, NC-1 should begin showing more of its revenue potential. Just make sure you keep your position sizing manageable, because it’s an inherently speculative bet until BTBT’s subsequent quarters corroborate my bull case on them.
