Key Points: Nearly 100 new Bitcoin whales have appeared since January. Potential institutional interest indicated by new large-scale holders. Bitcoin trades at $95,434.38 with strong market dominance. Nearly 100 new entities, each holding over 1,000 Bitcoin, have joined the network since January, according to Glassnode data. The reported development suggests a potential influx of institutional … Read more
When Donald Trump was running for president, he pledged to build 10 new US cities, dubbed “freedom cities,” from scratch, designed to improve the quality of life for Americans. These new high-tech communities were to be created on public land, and they were going to be free of the “nightmare of red tape,” including lengthy … Read more
Ethereum Ethereum researcher Dankrad Feist has introduced a bold new proposal aiming to exponentially scale the blockchain’s capacity over the next four years. In a newly published Ethereum Improvement Proposal (EIP-9698) on Sunday, Feist outlined a plan for a gradual hundredfold increase in Ethereum’s gas limit. Under the proposed structure, Ethereum clients would follow an … Read more
The world’s largest corporate Bitcoin holder announced in a Form 8-K filing on Monday that it purchased 15,355 BTC between April 21 and April 27, 2025, at an average price of $92,737 per bitcoin. The acquisition was funded through proceeds from the company’s at-the-market (ATM) stock offerings, which raised $1.44 billion through the sale of … Read more
On 25 April 2025, the US Securities and Exchange Commission (SEC) hosted its first major Crypto Task Force roundtable. Headlining the Washington DC event, the newly appointed SEC Chair Paul Atkins said, “The market itself seems to indicate that the current framework badly needs attention.” “This is important work as entrepreneurs across the United States … Read more
Michael Saylor’s Strategy added to its massive Bitcoin stash last week as the cryptocurrency surged above $90,000. In an April 28 announcement, Strategy reported acquiring 15,355 Bitcoin (BTC) between April 21 and 27. The latest purchases cost Strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company’s aggregate BTC holdings by … Read more
sUSD depeg, explained: Why Synthetix’s stablecoin fell below $0.70 In a significant and concerning event in the cryptocurrency space, sUSD, the native stablecoin of the Synthetix protocol, saw its value plummet to $0.68 on April 18, 2025. This drop represents a dramatic 31% deviation from its intended peg of 1:1 with the US dollar, a … Read more
Key Points: Ethereum researcher proposes EIP-9698 for 100x gas limit growth over four years. Expected TPS could increase to around 2,000. Plan requires client votes for approval and implementation. Ethereum Foundation researcher Dankrad Feist proposed EIP-9698 on April 27, aiming to increase Ethereum’s gas limit 100-fold over four years, beginning around June 1, 2025. The … Read more
Following a cryptic Sunday post on X alluding to fresh bitcoin ambitions, Michael Saylor’s enterprise revealed Monday it had expanded its digital treasury by procuring 15,355 BTC. The tech magnate broadcasted the transaction on the social media platform, declaring: “MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC … Read more
Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US. The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase. “To address … Read more