Category: News

Bitcoin Covenants: TXHASH And CHECKTXHASHVERIFY(BIP 346)

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This is the third article in a series deep diving into individual covenant proposals that have reached a point of maturity meriting an in-depth breakdown. TXHASH and CHECKTXHASHVERIFY (TXHASH), put forward by Steven Roose and Brandon Black with a BIP number currently unassigned, is a “template based” covenant that can conceptually seen as an extension or more advanced version of CHECKTEMPLATEVERIFY (CTV).  Before getting into the nitty gritty of how TXHASH works, let’s refresh on the pieces of data in a Bitcoin transaction.  At a high level you have the…

Analysts brace for Bitcoin slide on gloomy US manufacturing data

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Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020.  The data puts Bitcoin (BTC) “under short term pressure,” researchers at Bitunix, a crypto exchange, said in a post on the X platform. They added that Bitcoin could still see a “strong comeback” if its…

Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next?

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Bitcoin’s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. Bitcoin whales absorbing 300% of new supply Bitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges are losing coins at a historic pace, according to Glassnode. Notably, Bitcoin’s yearly absorption rate by exchanges has plunged below -200% as outflows continue. This signals a growing preference for self-custody or long-term investment. Bitcoin yearly absorption rates. Source: Glassnode Meanwhile, larger holders…

Oregon targets Coinbase after SEC drops its federal lawsuit

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Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company is selling unregistered securities to residents of the US state, after the United States Securities and Exchange Commission’s (SEC) dropped its federal case against the exchange. According to Coinbase’s chief legal officer, Paul Grewal, the lawsuit is an exact “copycat case” of SEC’s 2023 lawsuit against the exchange, which the federal agency agreed to drop in February. Grewal added: “In case you think I’m jumping to conclusions, the attorney general’s office made it clear…

South Korean crypto emerges from failed coup into crackdown season

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South Korea kicked off 2025 with political chaos, regulatory heat and a crypto market finally brought to heel — or at least forced to grow up. The nation closed 2024 in disarray following then-President Yoon Suk Yeol’s botched martial law stunt in December. In the aftermath, authorities spent the first quarter drawing lines in the sand as financial watchdogs slapped cryptocurrency exchanges with probes and lifted the ban on corporate trading accounts. Meanwhile, crypto adoption hit record highs as trading volume cooled. Here’s a breakdown of the key developments that…

Standardization is essential to enable crypto adoption

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Opinion by: Axel Schorn and Dr. Duc Au Traditional stocks, bonds and commodities markets have long benefited from well-established standards governing the flow of information and data. These standards underpin the seamless functioning of trading, settlement and regulatory compliance, ensuring all participants can rely on the same consistent frameworks. As the financial industry moves into decentralized finance (DeFi) with the introduction of digital assets, like crypto assets and tokenized securities, the lack of such standards presents a growing challenge.  While digital assets promise transformative potential, their fragmented information landscape risks…

What Bitcoin Indicators Predict For Q3 2025?

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Bitcoin’s 2025 journey hasn’t delivered the explosive bull market surge many expected. After peaking above $100,000, the 2025 Bitcoin price retraced sharply to as low as $75,000, sparking debate among investors and analysts about where we stand in the Bitcoin cycle. In this analysis, we cut through the noise, leveraging on-chain indicators and macro data to determine if the Bitcoin bull market remains intact or if a deeper Bitcoin correction looms in Q3 2025. Key metrics like MVRV Z-Score, Value Days Destroyed (VDD), and Bitcoin capital flows provide critical insights…

Quantum computers likely to reveal if Satoshi is alive — Adam Back

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Early cypherpunk Adam Back, cited by Satoshi Nakamoto in the Bitcoin white paper, suggested that quantum computing pressure will likely reveal whether the blockchain’s pseudonymous creator is alive. During an interview after a Q&A session at the “Satoshi Spritz” event in Turin on April 18, Back suggested that quantum computing may force Nakamoto to move their Bitcoin (BTC). That’s because, according to Back, Bitcoin holders will be forced to move their assets to newer, quantum-resistant signature-based addresses. Back said current quantum computers do not pose a credible threat to Bitcoin’s…

How Bitcoin Offers A Speed Advantage For Driving Shareholder Value

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Bitcoin is the first instantiation of digitally scarce capital—allowing companies to raise, deploy, and prove value faster than ever before. In legacy finance, capital formation is a slow, friction-filled process. A company raises funds, deploys them over months or years into infrastructure, products, or real estate—and only then begins the long wait to see whether the capital generated a return. This lag isn’t a bug. It’s a defining feature of the traditional system, built on physical constraints, regulatory overhead, intermediated trust, and long feedback loops. That system has not changed—until…

How do they stack up for investors?

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As gold prices break new highs, many Bitcoiners are seeking ways to get exposure to the precious metal, but have been met with some hurdles along the way. Although physical gold is accessible in the form of jewelry, gold bars and coins, many industry executives are concerned about aspects like its quality, liquidity when selling, and buying at a premium above spot prices. On the other hand, gold advocates are confident that the precious metal is much easier to buy than Bitcoin (BTC), given the complexities of storing private keys…