Coins

In brief After Ethereum’s Pectra upgrade, blob transaction costs dropped from ~$16,000 daily to a fraction of a penny, making layer-2 networks significantly cheaper to operate. Despite blob usage increasing 33%, rollups haven’t fully utilized the expanded capacity. The increased data burden from cheaper blobs is forcing smaller validators to merge with larger operations, however. […]

In brief Japanese Bitcoin treasury Metaplanet said it will raise $5.3 billion to buy more of the asset. The Tokyo Stock Exchange-listed firm already holds 8,888 BTC worth $934 million. Metaplanet already holds 8,888 Bitcoin. Japanese Bitcoin treasury Metaplanet has introduced a plan to add to its already significant holdings of the asset, part of

In brief USDC’s concentration on Ethereum is bullish for the network’s native asset, analysts said. More than half of USDC’s circulating supply exists on Ethereum, while layer-2 networks and other scaling solutions support major amounts as well. Etheruem’s name will inevitably arise as investors research Circle’s business model post-IPO, one analyst said. Circle’s $1.1 billion

In brief Yorkville America Digital has filed an application for a Truth Social Bitcoin ETF. The filing with the SEC comes just two days after NYSE applied for a rule change that would enable the fund’s listing. Yorkville registered the fund as a Nevada business trust. The issuer for the Truth Social Bitcoin ETF submitted

In brief Elon Musk publicly criticized President Trump’s “One Big Beautiful Bill,” claiming it undermines the spending cuts achieved by his Department of Government Efficiency (DOGE). Crypto traders launched a Solana meme coin called “Kill Big Beautiful Bill” (KBBB). KBBB reached a $53 million market cap within nine hours before declining 30%. Elon Musk has

Wall Street giant JP Morgan plants to allow its wealthy clients to use shares in crypto ETFs, like BlackRock’s iShares Bitcoin Trust, as collateral for loans. Unnamed sources familiar with the matter told Bloomberg that the bank will also begin taking crypto holdings into account when assessing clients’ net worth and liquid assets. This would mean that

In brief California Assembly unanimously passed AB 1180 allowing state agencies to accept crypto payments, now heading to Senate. If enacted, the bill would take effect July 2026 as a pilot program through 2031 before full implementation. California would join Florida, Colorado, and Louisiana in accepting cryptocurrency for state obligations. A new bill has been

In brief Experts fear a quantum computer could one day be used to access billions of dollars of ancient Bitcoin. That could result in an immediate drop in Bitcoin’s price during a so-called liquidation event. There may be a solution, but time is running out, they say. Some members of Bitcoin’s community are quick to