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16 Apr 2026, 10:07
Next Technology: Viable Speculative Vehicle If Bullish On Bitcoin

Summary NXTT combines a small AI-SaaS business with a far larger Bitcoin treasury strategy that now drives most of the equity story. The stock has collapsed mainly due to repeated dilution. So, the stock’s rapid devaluation isn’t just due to weaker Bitcoin prices. However, by now, I believe this dynamic has created a potential valuation dislocation. NXTT is at a sharp discount to its cash+Bitcoin holdings. Naturally, the main risks are further dilution, thin trading liquidity, and regulatory exposure tied to Hong Kong and China. Still, I believe NXTT’s price tag now makes it a compelling speculative “Buy” for long-term investors who are bullish on Bitcoin. Next Technology Holding Inc. ( NXTT ) owns companies in Hong Kong and the British Virgin Islands (BVI). NXTT mainly holds Bitcoin ( BTC-USD ) and has a small software business. Interestingly, the stock has dropped sharply, not just because of falling Bitcoin prices, but also due to repeated share dilution. I also suspect the market may be discounting some potential governance issues, legal disputes, and ongoing regulatory risks linked to Hong Kong and China as well. However, despite these concerns, I think NXTT’s stock is at a considerable discount relative to its underlying cash+Bitcoin holdings. Thus, I rate the stock a viable speculative “Buy” at these levels for long-term investors who are bullish on Bitcoin. Software Co. With a Bitcoin Bet Next Technology Holding Inc. was incorporated in Wyoming back in 2019, under the name WeTrade Group, Inc., and changed its name to the current one by March 2024. NXTT operates through subsidiaries incorporated in Hong Kong and the British Virgin Islands (BVI). NXTT is headquartered in Takebashi, Japan. I previously covered NXTT last June with a neutral rating, and since then, the stock has plunged by 99.4%. This is mostly due to share issuance, but after reviewing its underlying liquid holdings and Bitcoin treasury, I think there may be an opportunity at these levels. Source: Next Technology Holding Inc. Website. Retrieved April 12, 2026. As a quick recap, NXTT’s latest public description suggests that the Hong Kong and BVI subsidiaries are used for business development and corporate operating purposes within the group, rather than being independent business segments. The company's parent says it directly manages key strategic projects and acts as the group’s research and development center. Therefore, under that corporate context, the Group structure is also Next Technology Inc. This company is part of the corporate organization, and its relevance is mainly legal/financial, and it’s referenced in connection with intra-group cash flows. NXTT previously had a Chinese subsidiary called WeTrade Technology (Shanghai) Co., Ltd. However, that entity was dissolved in July 2024. Consequently, the group currently follows two corporate strategies : 1) AI-enabled software development services and 2) acquiring/holding Bitcoin. Moreover, NXTT states that it provides software-as-a-service (SaaS) to customers in Hong Kong, Singapore, and other Asian countries. The company lists product areas such as cloud collaboration, analytics, workflow automation, compliance, customer relationship management, and supply chain optimization. NXTT’s customers are described as property-management chains, cryptocurrency mining investment operators, and energy and resource businesses. Source: Next Technology Holding Inc. Website. Retrieved April 12, 2026. This way, NXTT reported $11.6 million of 2025 service revenue from its AI and SaaS activities, up from $1.8 million in 2024. The last financial filing stated that this revenue increase was driven mainly by custom enterprise solution deployments under four commercial customer agreements signed in 2025. Those customers are in hotel management, smart water system management, and cryptocurrency mining. So, it’s a relatively diverse customer base all in all. NXTT disclosed that those contracts included providing AI-enabled monitoring and management systems and represent recurring subscription and service fees. On the other hand, NXTT’s Bitcoin-related business is easily its main value driver. Here, NXTT shows an increase from 833 BTC at year-end 2024 to 5,833 Bitcoin at year-end 2025 (more on this later). The company says that going forward, it may use liquid assets, debt, equity issuance, or other capital-raising transactions to buy even more Bitcoin. In other words, NXTT genuinely treats Bitcoin as its active treasury and financing tool, despite having an otherwise healthy (albeit niche) AI-SaaS business. Valuation and Risk Analysis First of all, it’s worth highlighting that NXTT is a somewhat illiquid stock with only 29.5 thousand in average volume. At the current $1.65 PPS, that results in a shallow trading liquidity of only $48.7 thousand, meaning that even tiny buy/sell orders can quickly push the stock price. Still, from a valuation perspective, NXTT’s latest 10-K report shows its balance sheet holds $5.6 million in cash against no financial debt (aside from other regular operating liabilities). Aside from that, it does have $516.2 million in digital assets (i.e., Bitcoin), which NXTT itself discloses it plans to accumulate when Bitcoin’s price is low and sell when it’s high. Source: NXTT’s 10-K report. So, these digital assets are effectively liquid assets that they can buy/sell at their discretion. We also know NXTT held 5,833 Bitcoins as of March 2026 . Assuming a BTC-USD spot price of $74.5 thousand, that implies its digital assets are worth around $434.6 million today. Plus, NXTT recently raised $157.0 million by issuing 71.4 million new shares priced at $1.10 each. Thus, the updated cash balances are probably closer to $162.6 million, with digital assets worth $434.6 million mark-to-market. In total, that amounts to $597.2 million in liquid assets against no financial debt and only $68.6 million in total liabilities. Similarly, we know NXTT had 76.3 million shares outstanding as of December 2025. However, we should also account for the recently issued 71.4 million pre-funded warrants. In that sense, the warrant-adjusted shares would be around 147.7 million, and at NXTT’s $1.65 PPS , that implies a $243.7 million market cap. And this is interesting because it proves how volatile Bitcoin can be, but also it seems like a steep discount relative to its Bitcoin holdings. In fact, it would mean NXTT trades at just 1.5x its cash balances post-raise. But, more importantly, NXTT trades at only 0.4x its cash+Bitcoin balances. Source: Seeking Alpha Charts. That’s why I believe that if you’re bullish on Bitcoin, NXTT now definitely looks like a compelling investment vehicle to express that view. Additionally, note that NXTT sidestepped any China-related exposure when it exited the People's Republic of China (PRC) in 2024. However, the last filing warns that its Hong Kong operations could still face regulatory and political risks tied to China that could materially affect operations and shareholder value. Those concerns are mostly related to the restrictions applied in the PRC to cryptocurrencies. NXTT says it may rely on dividends from Hong Kong and BVI subsidiaries to fund the parent. However, so far, there have been no dividends or asset distributions among the holding company and subsidiaries that I could find. So, it’s possible the market may still be assigning a slight discount to NXTT due to its exposure to Hong Kong. Lastly, I think it’s worth noting that NXTT’s cash burn is somewhat negligible. I calculate they burned through $3.1 million during 2025. Note that I got that figure by simply adding its 2025 cash flows from operations and CAPEX. So, given its highly liquid balance sheet, I’d argue this further derisks NXTT as well. Ultimately, I think NXTT’s governance and dilution risks are the main culprits for its stock underperformance. But by now, the stock has declined much more than Bitcoin itself, which is why I now believe the stock is a viable speculative “Buy” for longer-term investors bullish on Bitcoin. Conclusion: Worth Speculating Overall, NXTT’s underlying AI-SaaS business isn’t extraordinarily unique, but it does generate some modest revenues. However, the main bull case with NXTT is tied to its Bitcoin exposure and ability to raise capital. In that regard, NXTT has proven that it can raise substantial amounts of capital from investors and that its cash burn is negligible relative to its liquid assets. As such, what nudges me towards a bullish stance this time around is that NXTT’s cash+Bitcoin holdings are quite undervalued at these levels. So, unless Bitcoin depreciates dramatically going forward, I feel NXTT could pay off nicely in the long run. Just make sure you keep your position sizing manageable, as NXTT does have some added complexities due to its exposure to Hong Kong.
16 Apr 2026, 10:01
Why is Injective (INJ) surging 10% after US futures launch?

Injective (INJ) has recorded a sharp upward move over the past 24 hours, climbing more than 10% to trade above $3.30. By the latest session, INJ peaked around $3.41 before stabilising near $3.35, showing strong intraday demand and elevated trading activity. The token’s sudden strength stood out in an otherwise quiet crypto market, where most major assets were largely flat. The price surge was not random. It came shortly after the launch of US-regulated futures contracts on Bitnomial, a CFTC-regulated exchange. https://twitter.com/injective/status/2044417942423552331?s=20 The launch of US-regulated INJ futures contracts on Bitnomial The introduction of INJ futures on a CFTC-regulated platform marks a meaningful step forward for the asset’s positioning in the broader crypto market. It places Injective alongside a small group of major cryptocurrencies, including Bitcoin (BTC) , Ethereum (ETH), Solana (SOL), and XRP , that already have regulated futures markets in the United States. This matters because regulated futures products open the door to institutional participation in a way that spot markets alone often cannot. Hedge funds, trading firms, and asset managers can now gain exposure to INJ without directly holding the token. That reduces custody friction and expands the range of strategies that can be built around the asset, including hedging and leveraged positioning. More importantly, the launch also begins what many traders refer to as a “track record window.” This is a period where trading activity in regulated futures markets is monitored over time. In practice, this can play a role in strengthening the case for future exchange-traded products, including potential ETF-related structures. INJ price technical analysis Following the ETF news, INJ’s price has broken above its short-term and medium-term moving averages, signalling a shift in momentum after weeks of relatively muted performance. Trading volume has also surged significantly during the move, rising more than 100% above recent averages, suggesting the rally is backed by genuine participation rather than thin liquidity or isolated trading spikes. From a technical perspective, INJ’s strength pushed the Relative Strength Index into the mid-60s range, reflecting a strong momentum without entering overheated territory, which often leaves room for continuation if buying pressure persists. Injective price chart | Source: TradingView At the same time, the price action revealed a clear short-term structure. The $3.20 area has emerged as an important support zone, acting as a key level where buyers have consistently stepped in. On the upside, the $3.41 level has now become an immediate resistance point after being tested during the recent surge. If this level holds, analysts project another attempt to break above $3.41. A successful breakout could open the door toward the next upside area around $3.53, based on commonly tracked technical extensions. On the other hand, a failure to hold the $3.20 support could lead to a retracement back toward the $3.08 region, which would not necessarily invalidate the broader momentum. The post Why is Injective (INJ) surging 10% after US futures launch? appeared first on Invezz
16 Apr 2026, 10:00
Denmark’s Crypto Ownership Rate Among Lowest In Europe At 4%: Report

Denmark’s biggest bank only recently started letting customers buy into Bitcoin and Ether — and that may explain a lot. Banks, Tax Rules Kept Many Danes On The Sidelines For years, Danish banks largely shut the door on crypto . Most refused to let customers purchase digital assets through their platforms and often warned against them as too risky. An uneven tax structure added another layer of friction. The result: a country where crypto never quite caught on the way it did elsewhere in Europe. A new staff paper from Danmarks Nationalbank puts a number on it. Just 4% of Danish citizens currently hold cryptocurrency — a figure that hasn’t moved since 2023, even as ownership climbed across much of the continent. Norway, Finland, and the United Kingdom each report more than 10% of their populations holding crypto assets, according to the central bank’s findings. Denmark sits well below that range. The survey behind the paper was conducted by Epinion between October and November 2025. It gathered responses from over 3,000 people aged 15 and above through Denmark’s Digital Post system. The sample was weighted to match national demographics. Most Holders Keep Small Positions Among those who do own crypto in Denmark, the amounts are mostly modest. The majority of holders reported positions below 10,000 Danish kroner — roughly $1,570. Total crypto holdings across the country are estimated somewhere between $317 million and $847 million. Indirect exposure through crypto-linked stocks and exchange-traded products has grown since 2023 but remains thin, sitting at around $211 million, or about 0.4% of total equity holdings in the country. Crypto is also rarely used to pay for anything. Data shows that most holders treat their digital assets purely as investments. Actual use in transactions — buying goods or services with crypto — stays uncommon. Around 70-75% of holders keep their assets with crypto service providers rather than managing their own wallets. Only 20-30% use self-hosted storage. Ownership also skews heavily toward younger, higher-income Danes. Participation drops sharply among people over 60. Danske Bank’s Move Could Shift The Numbers There are signs that access is opening up. Earlier this year, Danske Bank — the country’s largest — began offering customers exposure to Bitcoin and Ether through exchange-traded products. Officials at the bank said demand for crypto as part of broader investment portfolios has been growing, and that the European Union’s Markets in Crypto-Assets Regulation gave them enough of a regulatory footing to move forward. Whether that translates into a higher ownership rate remains to be seen. For now, Denmark’s 4% holds — a number shaped less by public disinterest and more by the institutional environment that surrounded crypto for the better part of a decade. Featured image from Lonely Planet, chart from TradingView
16 Apr 2026, 10:00
Morgan Stanley Bitcoin ETF Beats WisdomTree in Inflows

WisdomTree’s fund has accumulated $86 million since launching in January of 2024. MSBT entered the market on April 8 with a 0.14% fee, which is one of the lowest in the sector. BlackRock’s IBIT is still the market leader with $64.3 billion in inflows, followed by Fidelity at $10.9 billion. Morgan Stanley ETF Shines Morgan Stanley’s newly launched Morgan Stanley Bitcoin Trust (MSBT) overtook the WisdomTree Bitcoin Fund (WBTC) in total net inflows just over a week after coming to market. According to the latest flow data , MSBT attracted another $19.3 million in fresh investor capital on Wednesday, lifting its cumulative inflows to $103 million. That total now exceeds WisdomTree’s $86 million, despite WBTC having been available since January of 2024. BTC ETF flows (Source: Farside Investors) Morgan Stanley entered the market on April 8 with an aggressively priced management fee of 0.14%, which is one of the cheapest offerings available. That fee undercut Grayscale’s Bitcoin Mini Trust by a single basis point and proved Morgan Stanley was more than ready to compete on cost as well as reputation. Even with its fast start, Morgan Stanley still trails the dominant leaders in the sector. BlackRock’s iShares Bitcoin Trust (IBIT) is still far ahead with $64.3 billion in net inflows, while Fidelity’s Wise Origin Bitcoin Fund has gathered $10.9 billion. Other established competitors include products from Bitwise, ARK 21Shares, Grayscale, Invesco Galaxy, Valkyrie, and Franklin Templeton. However, if its current momentum continues, Morgan Stanley could soon challenge smaller mid-tier funds like Invesco Galaxy’s BTCO, Valkyrie’s BRRR, and Franklin’s EZBC. The sector is also preparing for even more expansion. Goldman Sachs has now filed with the US Securities and Exchange Commission to launch its own Bitcoin-linked ETF. At the same time, the ETF industry overall is becoming more ruthless. Recent data shows that the average ETF lifespan has fallen sharply, from 4.66 years in 2024 to around 3.5 years in 2025. More than 40 ETFs were liquidated in the first two months of 2026 alone. BTC’s price action over the past 24 hours (Source: CoinCodex) Bitcoin itself stayed relatively stable during this wave of institutional activity. Over the last 24 hours, Bitcoin traded at approximately $74,005 , down 0.40% on the day. While the short-term move is modest, the continued launch and growth of spot Bitcoin ETFs suggest long-term confidence in Bitcoin.
16 Apr 2026, 09:59
Bitfinex Launches Support for XAUT0 on Celo

ROAD TOWN, Tortola, British Virgin Islands – April 16, 2026 – Bitfinex ( https://www.bitfinex.com/ ), a premier digital asset trading platform, announced the support for deposits and withdrawals of XAUT0 on Celo. XAUT0 is a tokenised gold token that merges the value of physical gold with blockchain’s accessibility, enabling instant and borderless ownership of the world’s most trusted store of value. This latest integration enables Bitfinex customers to deposit and withdraw XAUT0 using the Celo network. Celo is designed for fast, low-cost transactions and claims to be optimised for real-world usage, such as payments and asset transfers across a global user base. Its mobile-first architecture is aimed at providing a practical environment for expanding access to tokenised assets such as gold. Following earlier support for deposits and withdrawals for XAUT0 across The Open Network (TON), Solana , and Plasma , this integration continues Bitfinex’s efforts to expand the availability of tokenised gold across multiple blockchain environments. Bitfinex customers can convert between XAUT0 and XAUt, and vice versa, at a 1:1 ratio using the platform’s built-in Currency Conversion tool. “Supporting XAUT0 on Celo adds another accessible and efficient network for users to interact with tokenised gold,” said Anoush Bhasin, Head of Listings at Bitfinex . “As demand grows for interoperable digital assets, we are focused on supporting infrastructure that improves how these assets can be transferred and used across different ecosystems.” Deposits and withdrawals for XAUT0 on Celo were opened at 10:00 AM UTC on 16/04/2026. To access XAUT0 through Bitfinex, visit https://www.bitfinex.com/ . *All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com . About Bitfinex Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing superior support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more. Media contact for Bitfinex [email protected] For official logos and branding, please visit https://www.bitfinex.com/press/#press-downloads The post Bitfinex Launches Support for XAUT0 on Celo appeared first on Bitfinex blog .
16 Apr 2026, 09:57
Zach Rector Sends Critical Warning to XRP Holders

As the XRP Ledger advances into a new phase of innovation, security has become a top priority for its global community. Crypto expert Zach Rector has issued an urgent warning to XRP holders. In a public service announcement directed at the community, he warned that bad actors are preparing to exploit XRP’s growing prominence. His message that “Scammers Are Coming for Your Wealth!” highlights the urgency of safeguarding digital assets as new opportunities emerge in the ecosystem. He alerted users to emerging threats and outlined practical steps to protect their digital assets. PSA: XRP Community Scammers Are Coming for Your Wealth! The XRPL is entering a new era. More DeFi protocols, liquidity pools, and real-world utility are arriving on the ledger. Scammers know it too! They are already sharpening their tactics and will flood your DMs,… — Zach Rector (@ZachRector7) April 14, 2026 Rising Innovation Across the XRPL Rector emphasized that the XRP Ledger is entering a new stage of technological advancement. He stated, “The XRPL is entering a new era .” According to his assessment, expanding DeFi protocols, liquidity pools, and real-world utility continue to attract users and developers. This surge in activity strengthens the ledger’s position as a key player in the evolving digital economy. As the network evolves, interest from investors and institutions continues to increase. These developments reinforce the XRPL’s reputation for speed, efficiency, and scalability. They also signal a future driven by decentralized innovation and practical financial applications. Rector’s message highlights the importance of staying informed as this transformation unfolds. Vigilance Against Emerging Threats Rector warned that malicious actors are adapting quickly to exploit the ecosystem’s growth. He stressed that scammers are refining their tactics and targeting XRP holders through deceptive schemes. He highlighted fake DeFi launches, fraudulent airdrops, phishing websites, impersonators, and malicious links designed to compromise wallets and steal funds. He explained that these attacks are deliberate and targeted, stating they aim at users “because of the value you hold.” His warning reinforces the need for continuous vigilance as participation in the XRPL expands. By sharing these insights, Rector aims to ensure that community members remain prepared and informed. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Practical Measures to Secure XRP Holdings Rector provided clear guidance on protecting digital assets. He urged users to maintain strict control over sensitive information, including seed phrases and private keys. He also encouraged thorough verification of links and emphasized that official XRPL tools and projects do not initiate unsolicited requests for funds or credentials. To enhance security, Rector advised using hardware wallets and activating two-factor authentication across all platforms. He also reminded users to exercise sound judgment when evaluating investment opportunities, noting that investments that sound too good to be true are likely scams. Rector concluded with a call for unity and vigilance. He encouraged XRP holders to report suspicious accounts and rely on trusted community channels. 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 Zach Rector Sends Critical Warning to XRP Holders appeared first on Times Tabloid .












































