Exhausted after years of ineffective attempts to prevent non-financial (“arbitrary”) storage on Bitcoin’s blockchain, developers are asking Bitcoin Core maintainers to pull a code change into production that would remove a data size limit. Acknowledging two years of failed attempts to limit arbitrary data storage that some consider spam, Peter Todd created a pull request…
Shares of Cantor Equity Partners (CEP) experienced a significant surge of 134% over the past week, with a notable 50% increase on Thursday, following the announcement of a planned merger to form a new Bitcoin-centric company named Twenty One. The Nasdaq-listed shares were trading at approximately $24.80 prior to the announcement. The merger, which involves…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s recent surge above $94,000 has brought a wave of bullish momentum across the crypto market. However, this rally has yet to gain real traction beyond $95,000. This elusive behavior is part of a wider trend that has seen the anticipated Bitcoin’s…
According to a new report from CoinGecko, government accounts hold 2.3% of the total Bitcoin supply. Collectively, their holdings amount to 463,741 BTC, a decrease from 529,591 less than a year ago. Despite these impressive surface numbers, the general trend is in decline. Two of the seven holders completely liquidated their assets, and only El…
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. There is so much more to Bitcoin than Satoshi. Let’s celebrate! Today is Satoshi Disappear Day, as declared by early contributor Kiba on this day in 2011. “Since satoshi has been confirmed to be not coming back, the bitcoin community now…
Nuvve Holding Corp. NVVE has announced the launch of a new wholly owned subsidiary aimed at investing in digital assets and blockchain ventures. The move signals a broader shift for the company as it seeks to tap into emerging technologies beyond its core focus on grid modernization and vehicle-to-grid (V2G) services. Nuvve-DigitalAssets, the new subsidiary,…
An official from the International Monetary Fund (IMF) has confirmed that El Salvador is complying with an agreement to back away from using Bitcoin (BTC) as a reserve asset. In a new press briefing, the IMF addresses a question from financial software company Ion Group asking how El Salvador is still accumulating BTC despite agreeing…
Over the weekend, crypto markets rallied ahead of the futures open, continuing a trend of growing investor interest in alternative assets. Bitcoin led the charge, rising 3.70% on the day before giving back some of its gains as U.S. stock markets closed. The world’s largest cryptocurrency is currently trading around $86,900 after briefly reaching a…
In brief Strategy acquired 15,355 Bitcoin worth $1.4 billion last week. Tysons, Virginia-based Strategy now owns around 554,000 worth $52.3 billion. Strategy is over halfway done with its three-year roadmap for $42 billion to buy Bitcoin. Strategy, formerly known as MicroStrategy, acquired 15,355 Bitcoin worth $1.4 billion last week, unveiling its third largest purchase of…
Coinbase Asset Management is rolling out a new fund for institutions to receive a yield on their bitcoin (BTC) holdings. Opening on May 1 for non-US institutional investors, the Coinbase Bitcoin Yield Fund aims to deliver a 4% to 8% annualized net return, according to a press release on Monday. Among those backing the fund,…