Metaplanet Inc. sets a bold new target to expand its Bitcoin reserves to 100,000 BTC by 2026, signaling a transformative shift in corporate treasury strategies. This ambitious plan involves issuing 555 million new shares to finance the acquisition, reflecting strong confidence in Bitcoin’s long-term value. CEO Simon Gerovich highlighted the company’s commitment, stating, “Metaplanet is … Read more
The Bitcoin of yesteryear is gone. In its place is a sprawling, sometimes absurd, sometimes inspiring ecosystem. Call it pragmatism. Call it growth. Just don’t call it maximalist. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. The … Read more
The Bitcoin community faces a pivotal moment as 31 core developers release a joint statement addressing transaction relay policy amid the contentious OP_Return debate. This collective stance emphasizes Bitcoin’s censorship-resistant nature and the challenges of regulating non-monetary data usage on the network. According to the Bitcoin Core Project, “Being free to run any software is … Read more
A collective statement from 31 Bitcoin core developers has sparked a global debate between Bitcoiners after suggesting a hands-off approach to how the Bitcoin network is used, amid ongoing controversy over non-monetary use cases. “This is not endorsing or condoning non-financial data usage, but accepting that as a censorship-resistant system, Bitcoin can and will be … Read more
COINOTAG News reports that on June 8th, an on-chain analyst identified suspicious trading activity on the Binance Alpha platform involving the KOGE/USDT pair. The user executed a series of wash trades, each valued at approximately $47,000. Notably, the address 0x927…51721 engaged in a MEV (Miner Extractable Value) attack, spending 47,000 USDT to acquire a negligible … Read more
US data centers could require up to 945 terawatt-hours (TWh) of electricity by 2030, matching Japan’s present-day consumption, the International Energy Agency (IEA) warns. What’s fueling this demand? Artificial intelligence. However, it’s pretty clear the current energy grid is already stretched thin, struggling to meet electricity demands. Add anything more, and it might just buckle. … Read more
Although the broader market remains cautious, several technical indicators across multiple timeframes suggest that the token may be entering a phase of reduced selling pressure, with the potential for a midterm recovery if key resistance levels are reclaimed. The OP token, which serves as the native asset of the Optimism Layer 2 scaling solution for … Read more
Coinbase is tackling account freeze issues head-on with top-priority fixes, deploying smarter machine learning, in-app verification tools, and long-term safeguards to protect users. Coinbase Says Account Freezing Issue Down 82% Amid Internal System Overhaul Crypto exchange Coinbase (Nasdaq: COIN) addressed ongoing concerns about user account restrictions in a series of updates shared on June 6 … Read more
Despite technical headwinds and lingering regulatory uncertainty, bulls are eyeing a return to $2.50 — a level that could mark the start of a long-awaited mega rally. XRP Price Rebounds After 9% Drop XRP price is back on investors’ radars after recovering from a sharp 9% plunge earlier this week. Following a sell-off that briefly … Read more
Alex Protocol’s exploit led to a loss of $8.3M, affecting Stacks ecosystem’s confidence Alex Lab has promised full USDC reimbursement to affected users Stacks [STX] saw its price drop sharply on the charts, falling to $0.6532 after shedding 1.37% in 24 hours, 9.64% in a week, and 31.12% over the past month. What led to … Read more