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blockonomi.com Strategy Expands Bitcoin Hoard to 640,418 BTC After $18.8M Purchase

TLDR: Strategy acquired 168 BTC for $18.8 million at roughly $112K per coin, expanding its holdings to 640,418 BTC. The company used preferred ATMs for funding, avoiding shareholder dilution while boosting its Bitcoin position. Its total Bitcoin stash is now worth $47.4 billion, bought at an average price of $74,010 per BTC. Strategy retains more [...] The post Strategy Expands Bitcoin Hoard to 640,418 BTC After $18.8M Purchase appeared first on Blockonomi.

blockonomi.com Ethena to Expand Team by 50% Ahead of Two Major Product Launches

TLDR Ethena is expanding its team by approximately 50 percent with 10 new job openings. The new hires will support the development of two upcoming products expected to match USDe in scale. The company has maintained a team size of around 20 to 25 members for the last two years. Roles include positions in backend [...] The post Ethena to Expand Team by 50% Ahead of Two Major Product Launches appeared first on Blockonomi.

news.bitcoin.com UK Tax Authority Targets Crypto Investors with 65,000 ‘Nudge’ Letters

The UK tax authority has intensified its efforts to address crypto tax non-compliance, sending around 65,000 “nudge” letters in the 2024–25 tax year. Surge in ‘Nudge’ Letters Revealed by FOIA The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has escalated its crackdown on crypto tax non-compliance, issuing approximately 65,000 “nudge” letters to […]

blockonomi.com Solana Co-Founder Sparks Hype With Perps DEX Code Drop on GitHub

TLDR Solana Co-Founder Anatoly Yakovenko accidentally uploaded code for a decentralized perpetual futures exchange. The exchange, called Percolator, was briefly public on GitHub before Yakovenko clarified it was not an official project. Yakovenko stated he was experimenting with an AI tool and made the code public by mistake. Despite the clarification, Yakovenko encouraged developers to [...] The post Solana Co-Founder Sparks Hype With Perps DEX Code Drop on GitHub appeared first on Blockonomi.

blockonomi.com ‘Bad Guys Innovate, So Must We,’ Coinbase Tells U.S. Treasury

TLDR Coinbase has asked the U.S. Treasury to modernize anti-money-laundering rules for digital assets. The company argues that innovation is more effective than stricter enforcement in stopping financial crimes. Coinbase recommends regulatory safe harbors for firms using AI and advanced monitoring tools. The exchange supports the use of decentralized IDs and zero-knowledge proofs for secure [...] The post ‘Bad Guys Innovate, So Must We,’ Coinbase Tells U.S. Treasury appeared first on Blockonomi.

news.bitcoin.com Jack Dorsey Doubles Down on Satoshi’s Original Vision: Bitcoin Is Money

Block founder Jack Dorsey has recently highlighted the relevance of bitcoin as a transactional element, allowing peer-to-peer settlements between two parties away from centralized organizations. “ Bitcoin is money,” he stressed, commenting on Square’s zero-fee processing for BTC payments. Jack Dorsey Pushes Satoshi’s Original Medium of Exchange Thesis: ‘ Bitcoin Is Money’ The Facts: Jack […]

blockonomi.com Pundit Predicts $10,000 XRP Price by 2029 Linked to Trump’s Policies

TLDR Crypto analyst The Real Remi Relief predicts that the XRP price could reach $10,000 by the year 2029. He connects the forecast to former President Donald Trump’s potential second term in office. Relief believes Trump’s pro-crypto policies could boost blockchain innovation and XRP adoption. He also suggests that the IMF and BIS may play [...] The post Pundit Predicts $10,000 XRP Price by 2029 Linked to Trump’s Policies appeared first on Blockonomi.