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Techub News reports that digital asset investment company Strategy has announced the purchase of an additional 250 bitcoins, continuing its strategy of accumulation. (@coingecko)
Techub News reported that small-cap cryptocurrencies outperformed major cryptocurrencies on Monday, with CoinDesk 80 rising approximately 3% in the past 24 hours, more than double the 1.2% increase in CoinDesk 5. Bitcoin traded below $83,500 after breaking $84,000 on Sunday; Ethereum rose about 2.5% to $2,560. This round of gains primarily came from less liquid markets. (CoinDesk)
Techub News reports that Michael Saylor, founder of MicroStrategy, posted on X platform hinting that his company Strategy may have purchased more Bitcoin this week. He reposted a link to the company's Bitcoin holdings inquiry, accompanied by the text 'There's always room for more 'orange'.' Saylor did not disclose the specific quantity or amount purchased. He has been consistently emphasizing the long-term value of Bitcoin as a scarce asset. (@coingecko)
Techub News reports that the MARA Foundation has announced that Bitcoin Core contributor Peter Todd has joined as the chief maintainer of its private Bitcoin mempool service Slipstream, responsible for the development and operation of the service. Slipstream allows users to bypass Bitcoin's public peer-to-peer network and send transactions directly to MARA Pool, keeping transaction information private before block confirmation. The service was previously used to support research projects such as Quantum Safe Bitcoin and Binohash. (WuBlockchain)
Techub News reports that the Dutch government has abandoned its plan to tax unrealized Bitcoin gains, a proposal that had previously sparked controversy due to strong opposition from investors. This policy reversal highlights the influence of investor sentiment on tax policies and may have implications for future cryptocurrency regulation and market stability. (Crypto Briefing)
Techub News reports that a developer has sent Bitcoin Cashu tokens through Apple's Find My network. The experiment uses a small device to package Cashu token data into Bluetooth signals by mimicking the beacon of a lost AirTag. Nearby iPhones receive these signals and relay them through Apple's Find My network, without the need for the sending device to connect to the internet. The recipient retrieves these relayed reports through their Apple account and gradually reconstructs the token. Since each signal carries only two bits of data, a typical token requires more than 1,000 broadcasts to complete the transmission. The developer warns that broadcasted tokens are public and the transmission itself is unencrypted, so it is recommended to send only very small amounts. This experiment is currently only a proof of concept and not a mature payment product. The code has been open-sourced on GitHub and runs on low-cost ESP32 development boards. (BeInCrypto)
Techub News reports that CoinShares, in its latest Bitcoin mining report, points out that the Bitcoin mining network is undergoing its most severe contraction since 2021. However, compared to past situations following halving cycles, the extent of this contraction is not as abnormal as the title suggests. Analyst Luke Nolan provides a detailed analysis of the relevant data in the report. (@CoinSharesCo)
Techub News reports that @arkham tweeted that the bankruptcy trustee's marked wallets related to the defunct cryptocurrency exchange Mt. Gox still hold approximately $2.88 billion worth of Bitcoin on the blockchain, totaling 34,387.51 BTC, ten years after the exchange's collapse.
Techub News reports that Bloomberg ETF analyst Eric Balchunas posted on platform X that despite adverse factors such as negative sentiment, the shelving of the CLARITY Act, and rising yields, Bitcoin prices continue to rise, and ETF inflows have also returned to previous levels, which is frustrating for short sellers. He pointed out that this is his personal interpretation of the current situation. (@EricBalchunas)
Techub News reports that the Bitcoin network has detected a fork at block height 969298, with multiple blocks appearing at the same height. The blockchain monitoring service @FarsideUK tweeted that more information can be found at the relevant link.
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