An estimated 7,000 bitcoins were purchased this week through Strategy’s (MSTR) Stretch Perpetual Preferred Stock (STRC), underscoring how quickly the high-yielding instrument has become a key driver of the company’s bitcoin accumulation. But the structure carries risks, according to Alexander Blume, CEO of Two Prime, an SEC-registered investment advisor that focuses on institutional bitcoin yield […]
Blockchain ecosystems are losing developers across the board, while artificial intelligence projects dominate growth on GitHub, the world’s largest platform for hosting and collaborating on software code. Weekly crypto commits (publishing new code) to repositories have fallen by around 75% since the start of 2025, from around 850,000 to 210,000, while active developers have declined
Crypto Code Commitments Drop 75% as Developers Shift to AI Projects Read More »
Metaplanet, Asia’s Largest Publicly Listed Bitcoin Holder, Isn’t Just Buying Bitcoin BTC$69,483.55 but wants to build the ecosystem around it. The Tokyo-listed company, which holds 35,102 BTC, announced on Thursday the creation of Metaplanet Ventures KK, a wholly-owned subsidiary that will invest in companies building regulated Bitcoin financial infrastructure in Japan. Total investment over the
Asia’s Largest Bitcoin Buyer Now Wants to Build the BTC Ecosystem Read More »
Oil is the most vital commodity, exerting a dominant influence on all aspects of the global economy. This reality has been painfully highlighted by the recent war-induced surges in oil prices above $100 per barrel and the resulting nervousness in financial markets. Yet despite its immense importance, the mechanism that powers the global oil trade
Tokenized crude oil project to soon begin pilot testing for 2027 debut Read More »
A DeFi protocol has just proposed going private because its officials believe the current DAO structure creates a barrier to making institutional transactions. Across Protocol’s ACX token surged 80% to $0.06 on Thursday after the team behind the cross-chain bridging platform released a “temporary control” proposal to dissolve its token structure and convert into a
Bitcoin price today: Falls below $70,000 as oil rises again, stoking inflation fears
Bitcoin price today: Falls below $70,000 as oil rises again, stoking inflation fears Read More »
Bitcoin BTC$69,390.70 The relief rally from the loss of oil gains lasted about 36 hours. Bitcoin fell to $69,393 on Thursday morning, down 0.8% over the past 24 hours and 4.3% for the week, after attacks on two oil tankers in Iraqi waters sent Brent crude back above $100 a barrel. The move wiped out
And as bitcoin falls below $69,500, tanker attacks send oil back above $100 Read More »
XRP traded quietly near $1.38 as volatility reduced in crypto markets, with traders positioning themselves ahead of U.S. inflation data that could trigger the next directional move. News context XRP has entered a period of consolidation as broader crypto markets adopt a cautious tone ahead of key macroeconomic data. Investors are closely watching the upcoming
Stabilizes near $1.38 as Bollinger squeeze hints at breakout ahead of CPI Read More »
The one thing that remains constant in the crypto market, whether it’s booming or not, is hacks. On Thursday, hackers took over the domain of Bonk.fun, the Solana token launchpad backed by Raydium and BONK, and installed a wallet drain there. Operator Tom announced the hack to the community via his X account @SolportTom. “Do
Hacked domain, implanted crypto drainer Read More »
Binance filed a defamation suit against Dow Jones, the publisher of the Wall Street Journal, on the same day the newspaper published a report claiming the U.S. Justice Department was investigating whether Iran used the world’s largest crypto exchange to move funds in violation of U.S. sanctions. In the complaint filed in the U.S. District
DOJ investigates Iran’s alleged use of Binance as exchange sues Wall Street Journal Read More »
