Bitcoin Hits $109K, Now What?
BTC ended the week at $109,216, which is just a fancy way of saying it’s still really expensive. But hey, at least it’s not as boring as watching paint dry. 🎨
BTC ended the week at $109,216, which is just a fancy way of saying it’s still really expensive. But hey, at least it’s not as boring as watching paint dry. 🎨
President Volodymyr Zelenskyy, never one to shy away from a grand gesture, signed Decree No. 465/2025, effectively freezing the assets and banning the operations of 60 crypto firms. Of these, 55 are based in Russia, with the remaining five scattered across Cyprus, Kazakhstan, and the UAE. It’s a move that’s as much about sending a message as it is about practical impact. After all, who doesn’t love a good show of strength, especially when it involves freezing a few billion dollars? 🎉
In a post on X, Dorsey shared his weekend project, which involved learning about Bluetooth mesh networks, relays, and store and forward models, message encryption models, and a few other things. 🤓
The Nasdaq-listed company raised a whopping $172 million from its BTC sales and became the latest corporate Ethereum treasury firm. Quite the transformation, wouldn’t you say? 🦄💸
The court, presumably using a rubber stamp labelled ‘Nope,’ vacated a lower court’s ruling and told everyone to pack up their legal scrolls and go home. Both Coin Center and the Treasury agreed that, frankly, there are more exciting things to argue about, maybe even whether pineapple belongs on pizza. This spells the end of Coin Center’s quest to challenge the authority of the Treasury’s Office of Foreign Assets Control (OFAC) in making life difficult for Tornado Cash, a mixing service for money—or at least, things that might once have been money, before magic internet people got hold of it.
We caught up with Rand at the swanky Cannes conference, where he spilled the beans on Zama’s journey, the mounting investor interest, and the potentially transformative implications of this technology. With a billion-dollar valuation and a team of cryptography wizards, Zama is the company to watch in the blockchain space.
At the time of writing, the PI price is hovering around $0.4561, and, quite frankly, it’s been on a bit of a downward spiral. So, what’s behind this PI price plummet? 🤔
Currently, Ethereum enables only a single transaction to consume all the gas within a block, a feat that may destabilize the network. EIP-7983 implements a hard gas limit per transaction to 224, or 16.77 million gas units. Block validation would reject any gas request exceeding this limit, and such a transaction would not be able to make it to the network or any block. A wise decision, indeed, to prevent the chaos that may ensue. 🚫
In a report seen by Bloomberg, analysts, including George Cole, say that they’re lowering their end-of-year targets for yields and are revising their expectations for Fed cuts in 2025. 📉
UAE: Zero tax on all crypto activity, because who needs taxes when you have oil? 💸