Altcoins On-chain data from Glassnode highlights a crucial support level for XRP at $2.38, marking it as a pivotal zone for traders and investors in the coming days. According to data shared by analyst Ali Martinez, XRP currently faces no significant resistance clusters ahead, giving the token a potentially clear path for upward momentum—provided it … Read more
On Tuesday, an address dormant since April 3, 2014, reactivated to transfer 300 bitcoin—valued at $31.06 million—for the first time in over 11 years. Bitcoin Time Capsule Opens: 2014 Whale Wallet Transfers $31M As bitcoin trades above the $103,000 mark, a number of long-idle coins have stirred back to life amid elevated prices. On May … Read more
The World Gold Council reported Gold ETF data for April last week, Commerzbank’s commodity analyst Carsten Fritsch notes. The level of Gold ETF holdings in China is still low “According to the data, there were net inflows of 115 tons last month. This was the fifth consecutive monthly increase in Gold ETF holdings and also … Read more
Venture capital firms remain critical to infrastructure development in the Bitcoin ecosystem, despite pushback from some in the community, according to builders speaking at the Token2049 conference in Dubai. Charlie Yechuan Hu, CEO of Bitcoin layer-2 protocol Bitlayer, shared his insights on venture capital (VC) firms in the Bitcoin (BTC) ecosystem. Hu told Cointelegraph that … Read more
An OP_RETURN debate flared up in the Bitcoin industry in recent weeks and has by now invaded most conversation spaces within the industry. The topic is rich and complex, and many people have strong opinions on the matter. OP_RETURN is an opcode in Bitcoin’s scripting language used to store meta data or arbitrary data that … Read more
Japanese public company Metaplanet announced Monday it will issue $15 million in zero-interest bonds to fund additional Bitcoin purchases, marking its latest move to expandBitcoin holdings amid rising institutional adoption. According to regulatory filings, the company’s 15th Series of Ordinary Bonds will be issued exclusively to EVO FUND, with each bond carrying a face value … Read more
TLDR ETH has surged over 40% in the past two weeks, trading around $2,555 Staked ETH turned profitable for the first time since March, boosting validator confidence Current rally appears to be primarily spot-driven rather than leveraged trading, suggesting a healthier uptrend Ethereum maintains its position as the largest on-chain economy with over $213.9 billion … Read more
China’s surprise deal with the US, announced on Monday, has prompted investment banks and other financial institutions to raise the country’s growth forecast for 2025. The agreed deal cuts China’s reciprocal tariffs from 125% to 10% for 90 days and the US from 145% to 30%. On Monday, the Union Bank of Switzerland (UBS) predicted … Read more
In my prior article on the mempool, I laid out a simple conceptual framework to reason about the basic functionality of the mempool, and how it was used by different kinds of users of the Bitcoin network. In this piece I will be looking at the differences between relay policy and consensus rules, and why … Read more
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