Author: John Smith
Ethereum Foundation adopts a five‑year “mild austerity” plan, reallocating 16,384 ETH and refocusing on core protocol, privacy, and open, verifiable systems. Summary Vitalik Buterin confirms withdrawal of 16,384 ETH to fund long‑term core Ethereum development under a leaner structure. The Foundation will run a five‑year “mild austerity” program to preserve independence while prioritizing scalability, security, and decentralization. Focus areas include secure open‑source hardware, privacy tech like zero‑knowledge systems, encrypted messaging, and local‑first operating systems. The Ethereum Foundation announced a multi-year austerity program designed to balance development priorities with long-term financial sustainability, according to a public statement from co-founder Vitalik Buterin.…
The crypto market tanked over 6% on Friday, as nearly $1.7 billion worth of leveraged crypto positions were wiped out. Summary Over $1.7 billion in leveraged crypto positions were liquidated in the past 24 hours. Crypto investors reacted to a number of geopolitical tailwinds and concerns around Microsoft’s Q2 earnings report. According to data from CoinGlass, the crypto market experienced the liquidation of $1.71 billion worth of leveraged positions in the past 24 hours. The majority of this wipeout came from long positions, which accounted for nearly $1.59 billion of the total. The scale of the event is more startling,…
Ethereum price slid out of its recent consolidation range near $2,800 on as renewed exchange-trade fund outflows and weak trader positioning weighed on short-term sentiment. Summary Ethereum broke below a key consolidation zone as ETF outflows returned. Derivatives data pointed to traders cutting risk rather than adding leverage. Technical signals show growing downside pressure below key resistance. Ethereum was trading at $2,739 at press time, down 8% over the past 24 hours. The second-largest cryptocurrency is now down 8% over the past week and nearly 10% over the past month, even as 24-hour trading volume jumped 81% to $42.8 billion,…
Crypto prices today fell sharply, with Bitcoin sliding below key support levels as heavy liquidations rippled across derivatives markets. Summary Bitcoin and major altcoins moved lower amid heavy liquidations. Derivatives data points to leverage being flushed from the market. Sentiment dropped into extreme fear as risk-off pressure built amid macro pressures. The total crypto market cap dropped about 5% to $2.9 trillion. Bitcoin fell 5.8% over the past 24 hours to trade at $88,887 at press time, while major altcoins moved lower in tandem. Solana slid 6% to $115, Zcash dropped 8% to $33.7, and Sui fell 4.2% to $1.30.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple launches Ripple Treasury to boost XRP payment infrastructure as Arc Miner expands XRP-based revenue tools. Summary Ripple Treasury boosts XRP’s enterprise role as Arc Miner expands XRP-based income for users. Arc Miner aligns with Ripple’s vision, offering automated XRP cloud mining and daily payouts. From institutions to individuals, Ripple Treasury and Arc Miner strengthen XRP’s payment ecosystem. Ripple launched Ripple Treasury, an enterprise-grade innovative solution designed to improve the efficiency of global corporate finance operations. The Arc Miner…
Donald Trump Jr. on Wednesday celebrated a major milestone for the Trump family’s crypto empire, hailing the dollar-pegged USD1 stablecoin after it surged past a $5 billion market capitalization less than a year after launch. Trump Jr., a co-founder of World Liberty Financial, posted a screenshot from CoinMarketCap on X to mark the achievement, calling USD1 “built in America” and “adopted by serious institutions.” His brother Eric Trump, also a co-founder, echoed the celebration as USD1 climbed to become the fifth-largest stablecoin globally, overtaking PayPal USD and Ripple USD. USD1 just reached a $5B market cap.Built in America, designed for…
Metaplanet Inc. approved a $127 million capital raise to accelerate its Bitcoin-buying strategy, but investors balked at the dilution, sending the stock down about 3.5% on the day. Summary Metaplanet will issue 24.53 million new shares at ¥499 each through a third-party allotment, raising roughly ¥12.24 billion ($127 million). Most of the funds will go toward buying Bitcoin over the next two years. Cantor Fitzgerald placed the offering with offshore institutional investors including Anson Opportunities Master Fund, Alyeska Master Fund, and Brookdale Global Opportunity Fund. The Japan-based firm will issue 24.53 million new shares at ¥499 each through a third-party…
The UAE has officially entered the stablecoin race. Universal Digital Intl Limited on Thursday launched USDU, the country’s first central bank–approved stablecoin, giving it a regulatory edge over Circle’s USDC as competition heats up in the region. Summary Universal Digital launched USDU, giving it a regulatory advantage over Circle’s USDC for settling digital-asset transactions in the country. USDU is the only stablecoin officially recognized for full compliance with UAE settlement rules. The UAE wants to become a global crypto hub amid new offerings from players like Tether and Fidelity. Registered directly with the Central Bank of the UAE, Universal Digital…
Tesla’s long-running flirtation with Bitcoin took a mark-to-market hit in the fourth quarter, even as the electric-vehicle maker delivered stronger-than-expected earnings and doubled down on Elon Musk’s broader tech ambitions. Summary Tesla held steady on its Bitcoin position through the end of 2025, but booked a sizable unrealized loss as crypto prices slid late in the year. The EV maker reported $1.008 billion in digital assets as of Dec. 31—down 23% from the prior quarter—resulting in a $307 million paper loss after two consecutive quarters of unrealized gains. The decline mirrors Bitcoin’s own Q4 swoon; it fell roughly 23.7% over…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ledger expands Tezos support with Etherlink EVM rollout, enabling XTZ use, signing, wallets and upcoming staking. Summary Ledger expands Tezos support to Etherlink, enabling XTZ custody, transfers, swaps, and DeFi access. With Etherlink integration, Ledger users gain secure self-custody and upcoming native Tezos staking. Ledger Wallet now supports Etherlink DeFi, giving XTZ holders access to Curve, Uniswap, and more. Extended support for the Tezos ecosystem, building on the existing Tezos Layer 1 integration and extending it to Etherlink, is…