Author: Admin-aX9d7
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Eleven years ago this week, one of the first great Bitcoin documentaries, The Rise and Rise of Bitcoin, premiered at the Tribeca Film Festival. The film is rare in that it was made by someone with real skin in the game. It centers around Daniel Mross, a Pittsburgh-native computer programmer who began mining bitcoin in 2011 and went on to found Bitcoin-focused investment fund Maximalist Capital. Filmed by brother Nicholas between 2013 and 2014, when bitcoin was headed to $100 for the first time, Dan travels…
Cardano founder Charles Hoskinson has cast doubt on Ethereum’s ability to stay relevant over the next decade.In an April 23 AMA session, Hoskinson warned that Ethereum may face a mass user migration as its current structure strains under scaling pressures and internal inefficiencies.According to him:“I don’t think Ethereum will survive more than ten to fifteen years. The layer twos will continue to suckle out all of the alpha, and people will start fighting, and it’ll get harder and harder for Vitalik to be able to hold it together through sheer force of will. And users will gradually migrate to other…
Medical Device Maker Semler Scientific (SMLR) Adds To Bitcoin (BTC) Stack With $10M Buy
Semler Scientific (SMLR) bought an additional 111 bitcoin (BTC) for an average purchase price of $90,124, using proceeds from at-the-market offering and cash on hand, it announced in a press release.This brings the medical device maker’s total bitcoin holdings to 3,303 BTC, which were purchased at a total cost of $290.4 million.Semler said its year-to-date bitcoin yield — the percentage change in the ratio of its bitcoin holdings to its full-diluted shares outstanding over a given period — was 23.5%, down from 152.2% in February.Shares of the company are down 36.92% since the beginning of the year.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Here’s a common paradox L1s face today: L1s want to enable application-specific L2 chains because every app cannot coexist in the same blockchain environment. Builders want freedom to customize. But when every appchain is making their own independent design decisions, you have fragmentation. Then they leave your L1. Ethereum, Cosmos, Avalanche and Polkadot have all suffered from similar problems. Initia’s architecture Initia, which is launching its mainnet today, is determined to run back the same appchain vision while avoiding the pitfalls of fragmentation. Appchains that choose to…
Crypto investor sentiment has seen a significant recovery from global tariff concerns, but analysts warn that the market’s structural weaknesses may still result in downside momentum during periods of weekend illiquidity.Risk appetite appeared to return among crypto investors this week after US President Donald Trump adopted a softer tone, saying that import tariffs on Chinese goods may “come down substantially.”However, the improved investor sentiment “does not guarantee that Bitcoin will avoid volatility over the weekend,” analysts from Bitfinex exchange told Cointelegraph:“Sentiment improvements reduce fragility, but they do not eliminate structural risks like thin weekend liquidity.” “Historically, weekends remain vulnerable to sharp…
As BTC Eyes $100K, SHIB Breaks Out of YTD Downtrend and DOGE Sees Accumulation Around 18 Cents
Bitcoin’s (BTC) recent uptrend has likely set the stage for a six-figure price mark, catalyzing increased trading activity in the memecoin sector, where DOGE and SHIB are seeing bullish activity.BTC, the leading cryptocurrency by market value, briefly topped $95,000 soon before press time, the highest since March 2, CoinDesk data show. The move comes three days after prices crossed above the Ichimoku cloud momentum indicator, signaling a bullish shift in the market trend.BTC’s daily chart. (TradingView/CoinDesk) Supporting the constructive outlook are the consecutive daily candles with long tails (marked by box), suggestive of buy the dip mentality, and the upward-sloping…
It’s a debate as old as Bitcoin itself: How can the world’s first cryptocurrency achieve true mass adoption? While the Bitcoin community focuses on improving user experience (UX), rolling out custody solutions, battling legislators, and onboarding institutions, core Bitcoin developer and CEO of Synonym John Carvalho has proposed a simpler solution: deprecate satoshis and remove the decimals to “reduce the cognitive load.”Changing satoshi for bitcoin may improve the user experienceIn a Bitcoin Improvement Proposal (BIP) released in December 2024, Carvalho argues that eliminating the term ‘satoshi’ and removing the decimal points by changing satoshi for bitcoin would have a dual…
DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization.The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and buyers, announced its plans in a Form S-3 registration statement filed with the US Securities and Exchange Commission (SEC) on April 25.The filing states that the funds will be used for general corporate purposes, including Solana (SOL) token acquisitions.DeFi Development Corp S-3 filing. Source: SECAccording to the filing, the company may use proceeds from the offering to purchase more Solana, noting:“Solana does…
15h05 ▪ 4 min read ▪ by Luc Jose A. While cryptocurrencies are disrupting the global monetary order and pushing states and central banks to rethink their strategies, Switzerland chooses the path of caution. The Swiss National Bank (SNB), guardian of the country’s economic stability, has firmly rejected the idea of integrating bitcoin into its reserves. This clear stance comes at a time when a citizen initiative is trying to force the adoption of crypto at the highest institutional level. In Brief The Swiss National Bank (SNB) reaffirms its refusal to include bitcoin among its official reserves, despite the global…
In brief Bitcoin’s quadrennial halving happened one year ago, cutting block rewards for miners in half. Bitcoin usually soars one year after the event happens, due to slowing issuance of new coins. Yes, BTC has jumped to a new high—but the percentage growth pales in comparison to past cycles. It’s been one year since Bitcoin had its quadrennial halving event, which usually sends the price soaring.But while it’s true that Bitcoin rose to an all-time high in the months following the latest halving in April 2024, the percentage spike has not been nearly as sizable as in past cycles.Data provider…