David Schwartz, Ripple’s newly appointed CTO Emeritus and co-creator of the $XRP Ledger, has described Bitcoin as “a technological dead end.” He argues that the world’s largest cryptocurrency no longer relies on technological innovation for its success. Schwartz recently revealed that he had sold nearly all of his Bitcoin holdings for $7,500. “The technology just
The U.S. budget deficit dropped to $95 billion in January. That’s a $34 billion decrease from the same month last year. The Treasury said this happened because income rose faster than spending, mostly helped by higher customs duties. When they adjusted the numbers for stuff like holidays and weekends, the deficit would’ve been just $30
Bitcoin price remains under pressure, extending its recent decline without a confirmed reversal. $BTC trades near $66,996 at publication, reflecting cautious sentiment across the crypto market. Growing uncertainty has pushed many investors toward selling, though one major cohort is actively attempting to stabilize price action. Bitcoin Holders Are Underwater The Spent Output Profit Ratio, or
Bitcoin developers have updated draft BIP 360 to introduce Pay-to-Merkle-Root (P2MR), a proposed output type designed to reduce long-term quantum risk while retaining Taproot’s scripting flexibility. The proposal removes Taproot’s key-path spend entirely, aiming squarely at the portion of modern bitcoin addresses most exposed to future quantum attacks. P2MR Could Offer Conservative First Step Toward
Story Highlights Bitcoin may drop toward $40K as analysts warn the bear cycle could last into 2026, with a potential market bottom forming next year. Experts say $BTC could revisit $40K before recovery, as cycle data points to a possible bottom around May or October 2026. Bitcoin sentiment has weakened as the market continues its
Bitcoin price today trades near $67,082, down 0.48% in the past 24 hours as the market remains trapped in a tight range between $66,000 and $72,000. The consolidation comes after a sharp recovery from the February 5 crash below $60,000, with buyers and sellers locked in a standoff as the debate over Bitcoin’s four-year cycle
The UAE is stepping up its digital finance ambitions as a new aed stablecoin gains regulatory approval and goes live on local blockchain infrastructure. Summary DDSC AED stablecoin by First Abu Dhabi Bank goes live Strategic role of DDSC in regulated digital payments Integration with $ADI Chain and institutional infrastructure The broader landscape of AED
Coinbase CEO Brian Armstrong has made headlines with another major COIN stock sell-off as the shares continue to fall. Extending a long streak of Coinbase stock sales over the past year, the CEO sold more than $100 million recently. While Armstrong still retains a massive stake in Coinbase, the timing and scale of his sales
As the curtain falls on Consensus Hong Kong 2026, the focus has shifted from the corporate boardrooms to the show floor. While institutional talk dominated the main stages, nearly 1,000 developers spent the week in the trenches of the EasyA x Consensus Hackathon, signaling a definitive pivot in the industry: the “Year of the Application